会通股份: 会通新材料股份有限公司2025年环境、社会与公司治理(ESG)报告(英文版)

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Orinko Advanced Plastics Co., Ltd.   Corporate Governance (ESG) Report
Contents
About the Report                                                        01
                                                                                                                          Appendix
Message from Chairperson                                                02
                                                                                                                          Key ESG Performance in 2025                           88
Feature: Recycling for a Better Shared Future — Orinko's
PCR Material-based Circular Economy Business                            03                                                Index of Reporting Indicators                         91
                                                        Management                03Oriented
                                                                                    Green and Innovation-
                                                                                             Development                         05               Corporate Governance
Company Profile               09   ESG Strategy                              16   R&D Innovation                     22          Governance System of the
Corporate Culture             10   ESG Governance                            17   Green Products and Solutions       26          Listed Company                                 41
Development Course            11   Communication with Stakeholders           18   Intellectual Property Protection   29          Internal Audit                                 43
Business Layout               12   Evaluation of Materiality Issues          19                                                  Business Ethics                                45
                                                                                                         Industrial
Globalized Services           13
Honors and Awards in 2025     14                                                                                                 Digital Construction                           50
                                                                                  Product Quality and Safety         32
                                                                                  Supply Chain Management            36
                                                                                  Customer Service                   38
                    Transition     07                     Environmental
                                                           Management             08                  Work Safety
                                                                                                     Management                  09                     Human Resources
                                                                                                                                                           Management
Carbon Neutrality Strategic        Environmental Management                  64   Work Safety Management             72          Protection of Employee Rights and Interests    79
Actions                       54   Energy Management                         66   Dual Prevention Mechanism          74          Human Resources Management                     80
Response to Climate Change    57   Water Resource Management                 68   Occupational Health and Safety     75          Employee Communication                         82
Circular Development          61   Pollution and Emissions Management        69   Safety Emergency Response          77          Employee Development and Training System       83
                                   Ecological Protection and Biodiversity    70                                                  Employee Promotion and Career Development      85
                                                                                                                                 Employee Care and Public Welfare Initiatives   86
About the    Message from    Feature    About Orinko       Sustainable Development    Green and Innovation-       Industrial      Corporate    Low-Carbon      Environmental     Work Safety    Human Resources     Appendix   01
 Report       Chairperson                                        Management           Oriented Development     Co-construction   Governance     Transition     Management       Management       Management
About the Report
Overview of the Report                                                                                                           References for Report Preparation
This Report is the third environmental, social and corporate governance (ESG) report released by Orinko Advanced                 This Report is prepared with reference to mainstream ESG disclosure standards at home
Plastics Co., Ltd. (hereinafter referred to as "the Company", "Orinko" or "we"), aiming to disclose the Company's                and abroad, relevant national laws and regulations, and standards for the new materials
management philosophy, core initiatives and key performance in 2025 in ESG dimensions to all stakeholders including              industry, so as to ensure the comprehensiveness, relevance, standardization and industry
shareholders, customers, employees, suppliers, communities, and government regulators in a comprehensive and                     suitability of the disclosures in this Report. The core references include the Global
transparent way.                                                                                                                 Reporting Initiative's Sustainability Reporting Standards (GRI Standards), the United
                                                                                                                                 Nations Sustainable Development Goals (UN SDGs 2030), the recommended framework of
                                                                                                                                 the Task Force on Climate-related Financial Disclosures (TCFD), as well as the relevant ESG
Organizational Scope of the Report                              Release Cycle of the Report                                      information disclosure requirements for listed companies imposed by the China Securities
                                                                                                                                 Regulatory Commission (CSRC) and the Shanghai Stock Exchange (SSE). The Report also
The scope of this Report covers the headquarters and all         This Report is released annually, consistently focusing
                                                                                                                                 takes into account the development trends and policy orientations of the new materials
wholly-owned and controlled subsidiaries of Orinko               on the core issues of concern to stakeholders, and
                                                                                                                                 industry, along with the Company's own business model and sustainability management
Advanced Plastics Co., Ltd., encompassing all core               disclosing the Company's sustainability progress in a
                                                                                                                                 practices.
businesses of the Company, to ensure the completeness            timely manner. Supervision and feedback from all
and relevance of information disclosure.                         stakeholders are welcome.
                                                                                                                                 Disclaimer
                                                                Sources of Information
Time Range of the Report                                                                                                         This Report contains forward-looking statements. Except for explicitly disclosed historical
                                                                 All information and data disclosed in this Report are           facts, all statements concerning the Company's future strategic plans, development goals,
This Report mainly covers a period from January 1 to             sourced from the Company's official documents and               performance expectations, advancement of low-carbon transition, among others, are
December 31, 2025. To enhance the comparability,                 authentic operation records, which ensures the                  made based on the Company's current operating conditions, industry development trends
continuity and contextual completeness of this Report,           authenticity, accuracy and traceability of the content.         and available information. Due to the impact of various uncertain factors, including
content regarding key cross-year projects, long-term             These sources include but are not limited to the                macroeconomic conditions, adjustments to industrial policies, changes in the market
development plans, talent cultivation programs, among            Company's internal management policies, operation               competition landscape, fluctuations in raw material prices, technological iteration and
others, may be traced back to previous years or                  and management statistical ledgers, special ESG                 natural disasters, actual results may differ from such forward-looking statements. The
extended into future planning periods as appropriate.            records (environmental monitoring data, greenhouse              Company makes no assurance as to the accuracy or achievability of these statements.
This ensures that stakeholders can gain a comprehen-             gas inventory data, employee training files, etc.), and         This Report is intended solely to disclose the Company's ESG-related performance in 2025
sive understanding of the coherence and long-term                third-party testing and assurance reports.                      to stakeholders, and does not constitute any commercial offer, investment advice or other
nature of the Company's sustainable development.                                                                                 legally binding document.
About the   Message from   Feature   About Orinko        Sustainable Development            Green and Innovation-          Industrial             Corporate        Low-Carbon         Environmental            Work Safety      Human Resources                Appendix   02
 Report     Chairperson                                        Management                   Oriented Development        Co-construction          Governance         Transition        Management              Management         Management
                                      Message from Chairperson
                                      As the world advances further toward sustainable development and the industrial restructuring driven by the "carbon peaking and carbon neutrality" strategy gathers pace, the new materials industry, as a strategic
                                      emerging industry in China, is entering a critical period characterized by innovation and upgrading, green transition, and coordinated development across the globe. At Orinko, we stay committed to our original aspiration
                                      of creating innovative materials to drive green development and harmony with nature, and integrate the ESG philosophy into corporate operation, management and long-term planning as a key foundation for the
                                      Company's sustainable and high-quality development. In 2025, we closely aligned with major national strategies and plans, such as building a manufacturing powerhouse, driving self-reliance and strength in science and
                                      technology, and driving achievement of the "carbon peaking and carbon neutrality" goals, and forged ahead steadily on the path to green transition, technological innovation, governance optimization and value
                                      co-creation. These efforts have enabled us to deliver an impressive sustainability performance that exhibits our industrial responsibility, ecological commitment and social value to all stakeholders.
                                      its ESG strategy, comprehensively advance low-carbon                   established the Strategic Development and ESG           upgrading and global competition, we're             "2-6-3-X" industry focus strategy. To be
                                      development and improve the circular economy system. We                Committee under the Board of Directors,                 increasingly aware that ESG is a core               specific, we will deepen engagement in
                                      firmly believe that an enterprise must align with national             improved the ESG governance framework                   competitiveness for enterprises to navigate         the two "ballast stone" industries of smart
                                      strategies, keep pace with industrial advancement and                  comprising decision-making, management and              development cycles and win future                   home and automobiles, expand presence
                                      collaborate with all stakeholders to achieve sustainable               execution levels, and incorporated climate risk,        competition, as well as a key anchor for new        in high-growth industries such as
                                      development. In terms of green development, guided by the              environmental compliance, work safety and data          materials enterprises to participate in global      consumer electronics, electrical
                                      carbon neutrality strategy, we have established a full-lifecycle       security into the comprehensive risk manage-            industrial collaboration and enhance                equipment, and new energy, and nurture
                                      low-carbon development system integrating green R&D, green             ment system, to bolster the foundation for the          international influence. Going ahead, Orinko        growth in emerging industries including
                                      and intelligent manufacturing, green circulation and green supply.     Company’s long-term development through                 will remain committed to the principles of          special-purpose materials, separator
                                      Through Orinko Environmental Protection, we have built a               standardized, digital and transparent governance.       long-termism, strategic guidance and value          materials, and high-end composite
                                      complete industrial chain of recovery, regeneration and                In terms of human centricity and social value,          co-creation. We’ll advance sustainable              materials. Meanwhile, we will resolutely
                                      high-value application for waste materials, enabling large-scale,      upholding the core philosophy that talents are the      development with higher standards,                  advance global expansion and the
                                      end-to-end and closed-loop recycling in home appliance and             primary resource, we improved the full-lifecycle        continuously strengthen the leadership of           efficiency revolution across the value
Chairperson: Li Jianyi                automobile sectors. We adopt a circular economy model to ease          talent development system, fostered a                   green technologies, and increase                    chain, to build efficiency into our
                                      resource and environmental constraints, and provide low-carbon         multi-tiered talent team through the “Orinko Star”      investment in the R&D of low-carbon                 strongest barrier. We hereby express our
                                      green products to support carbon reduction and efficiency              and “Leadership Program” programs, and                  materials and recycling technologies, to            sincere gratitude to all shareholders,
                                      improvement in downstream industries such as new energy,               safeguarded the growth of every employee by             secure a strategic advantage globally in the        customers, partners, and all sectors of
                                      high-end manufacturing, home appliances and automobiles,               providing rights and interests protection,              development of new green materials. We              the society for your long-standing trust
                                      actively undertaking the historic responsibility of driving green      occupational health support and humanistic care.        will further promote carbon neutrality              and support. We will stay committed to
                                      transition across the new materials industry. In terms of              We further drove industrial chain collaboration for     practices across the entire value chain,            sustainable development, drive the green
                                      innovation-driven development, we deepened the reform of the           sustainable development, and encouraged                 expand the application of clean energy and          transition of industries through
                                      integrated product development (IPD) system, further drove             upstream and downstream partners to practice            the layout of the circular economy, and drive       innovation, and work with all stakeholders
                                      breakthroughs in core areas such as bio-based materials,               the ESG philosophy, to jointly forge a resilient,       collaboration on carbon reduction across            to create sustainable value on the path of
                                      recycled materials, lightweight engineering materials, and special     green and responsible industrial ecosystem. We          the industrial chain. We will always fulfill our    green and low-carbon development, so
                                      materials for new energy, promoted independent innovation and          actively engaged in public welfare and charitable       social responsibilities as a global enterprise,     as to contribute our strength to the future
                                      iteration of core technologies through full-lifecycle eco-friendly     activities, showing our care through elderly            and support the realization of SDGs through         of our planet.
                                      design, and consolidated the foundation for the Company's              support and student aid programs, and serving           compliant, green and innovative offerings.
                                      sustainable development through technological innovation.              the society through concrete actions.
About the    Message from     Feature     About Orinko     Sustainable Development   Green and Innovation-      Industrial      Corporate   Low-Carbon    Environmental     Work Safety     Human Resources         Appendix   03
 Report       Chairperson                                        Management          Oriented Development    Co-construction   Governance    Transition   Management       Management        Management
Feature: Recycling for a Better Shared Future — Orinko's
PCR Material-based Circular Economy Business
Orinko regards circular economy as a core pillar of its green develop-
ment strategy and a key engine for high-quality growth. Relying on its
                                                                                                                                                                Orinko Environmental
presence across the industrial chain of post-consumer recycled (PCR)
plastics, the Company fully leverages its core technological advantages
                                                                                                                                                                Protection
in modified materials, integrates upstream and downstream resources,
and drives the transformation of waste polymer materials into high-per-                                                                                      To systematically implement its circular economy
formance materials. In doing so, it provides practical, scalable low-car-                                                                                    strategy, in 2025, Orinko established a whol-
bon circular economy solutions for core downstream sectors such as                                                                                           ly-owned subsidiary — Orinko Chuangyuan
home appliances and automobiles, and promotes progress toward                                                                                                Environmental Protection Technology (Anhui) Co.,
national "carbon peaking and carbon neutrality" goals with concrete                                                                                          Ltd. (hereinafter referred to as "Orinko Environmen-
actions.                                                                                                                                                     tal Protection"), which serves as its core operation
                                                                                                                                                             platform in the field of green circular materials.
                                                                                                                                                             Orinko Environmental Protection has built a
 Circular Economy Strategy                                                                                                                                   professional team covering renewable resource
                                                                                                                                                             recovery, material modification, quality control and
The Company has elevated recycling to a group-level strategy, explicitly                                                                                     market expansion. Focusing on the large-scale and
positioning the PCR plastics business as the core driver of its green                                                                                        high-value development of PCR materials, Orinko
transition. Rooted in its core business of modified new materials, the                                                                                       Environmental Protection integrates high-quality
Company, leveraging decades of expertise in material modification,                                                                                           upstream and downstream resources, breaks down
manufacturing, and industrial chain resource integration, has estab-                                                                                         the barriers between recovery, recycling and
lished a circular economy strategy featuring "specialized platform                                                                                           application, and drives the transition of circular
operation, industrial chain integration, and coordinated development of                                                                                      business from a fragmented model to one that is
regional bases". It is committed to building a complete circular industrial                                                                                  specialized, scalable, and systematic.
ecosystem covering resource recovery, recycling & modification,
high-value application, and ecosystem collaboration.
About the    Message from     Feature     About Orinko     Sustainable Development       Green and Innovation-       Industrial        Corporate   Low-Carbon     Environmental     Work Safety     Human Resources       Appendix   04
 Report       Chairperson                                        Management              Oriented Development     Co-construction     Governance    Transition    Management       Management        Management
  Presence across the Entire Value Chain
Through Orinko Environmental Protection, the Company has built a closed-loop system covering the whole process from recovery, dismantling, crushing and sorting to pelletizing and modification, enabling waste
plastics to go through the cycle from recovery to reuse. Each part of the process is based on a standardized operation model, ensuring efficient and stable circulation of resources.
                  Upstream recovery                                                               Midstream recycling                                                   Downstream application
       Through joint ventures, self-built networks and regional                      The Company has built standardized production lines for                     By applying recycled modified materials at scale in
       collaboration, the Company secures high-quality                               recycled materials, introduced advanced crushing, sorting                   mainstream scenarios such as home appliances,
       renewable resources. Focusing on the two core regions                         and pelletizing facilities, and adopted intelligent sorting                 automobiles and new energy, the Company has
       of eastern China and southern China, it has established                       technology to remove impurities and odors from waste                        realized high-value and large-scale application of such
       a diversified recovery network that covers community,                         plastics and improve the purity of recycled pellets. In                     materials and formed an end-to-end system of
       enterprise, and industry channels. The Company                                collaboration with the in-house R&D team, it carries out                    "recovery - recycling - application". In the home
       maintains long-term and stable cooperation with local                         high-performance modification of recycled materials.                        appliance industry, recycled materials are used in
       resource recycling enterprises and dismantling                                Through formula optimization and process upgrading, it                      structural parts, housings and other parts of products
       enterprises, recovering post-consumer waste polymer                           addresses the pain points of the industry such as                           such as washing machines, refrigerators and air
       materials such as home appliance housings, automo-                            performance degradation and processing instability of                       conditioners. In the automobile industry, recycled
       tive parts and packaging materials, to ensure a stable                        recycled materials, promoting quality upgrading of                          materials have been applied to automotive interior
       supply of raw materials. Meanwhile, it has put in place a                     recycled products, and meeting the needs of high-end                        and exterior parts, maximizing the value of resource
       recovery traceability system, enabling traceable                              application in downstream industries.                                       circulation.
       sources and trackable destinations for every batch of
       recovered raw materials.
About the     Message from   Feature     About Orinko   Sustainable Development   Green and Innovation-        Industrial       Corporate   Low-Carbon     Environmental      Work Safety     Human Resources         Appendix   05
 Report        Chairperson                                    Management          Oriented Development      Co-construction    Governance    Transition    Management        Management        Management
  Industrial Collaboration                               High-value circular model for home appliances                                      "Car-to-car" circular model
Upholding the development philosophy of "openness        The Company collaborates with leading enterprises in the home appliance            The Company partners with leading new energy vehicle manufacturers
and collaboration for mutual growth and shared           industry, and deepens presence across the home appliance dismantling and           and vehicle dismantling enterprises at home, to co-create benchmark
success", the Company works closely with leading         recycling industrial chain, realizing the high-value, closed-loop circulation of   cases for automotive plastic recycling and build a "car-to-car" closed-loop
downstream enterprises to jointly build an indus-        home appliance plastics from "products to products". After recovering waste        model for automotive materials. Specifically, plastic components from
try-level circular ecosystem and forge two charac-       home appliances through home appliance enterprises and dismantling                 end-of-life vehicles are professionally dismantled, sorted, modified and
teristic circular models:                                them into waste plastics, the Company recycles and modifies them to                recycled into materials that meet the environmental and performance
                                                         produce materials that meet the standards of the home appliance industry,          standards of the automotive industry. These materials are then reused in
                                                         which are re-supplied to home appliance enterprises for new product                vehicle interior and exterior trims, functional parts, etc. This drives
                                                         production. This enables the full-lifecycle circulation of home appliance          low-carbon transformation in the automotive industry and supports
                                                         plastics.                                                                          automakers in achieving their carbon emissions reduction targets.
About the    Message from    Feature     About Orinko   Sustainable Development    Green and Innovation-       Industrial        Corporate     Low-Carbon    Environmental    Work Safety   Human Resources   Appendix   06
 Report       Chairperson                                     Management           Oriented Development     Co-construction     Governance      Transition   Management      Management      Management
  Technology and Quality                                Technological R&D
Leveraging its strength in modification technolo-       Through formulation optimization and process innovation, the Company enhances
gy, the Company empowers the upgrading of               the mechanical property, processability, and aging resistance of recycled materials.
recycled materials. Supported by a robust R&D           As a result, the performance of the recycled materials is close to that of virgin
team, the Company focuses on tackling core              materials, meeting the application requirements in home appliances, automobiles
industry challenges including performance               and other high-end sectors. Meanwhile, the Company develops environ-
degradation, impurity control and odor manage-          ment-friendly modification technologies to reduce pollutant emissions during the
ment of recycled materials. It has launched a           recycling process, making headway in both recycling and environmental protection.
series of PCR materials that meet stringent
downstream standards and combine environ-
mental friendliness with high performance.              Quality certification
                                                        The Company's recycled materials have passed the Global Recycled Standard (GRS)
                                                        certification that covers the percentage of recovered content, environmental
                                                        protection in the production process, product traceability and other parts of the
                                                        value chain, and earned widespread recognition from downstream customers.
                                                        Meanwhile, the Company has established a comprehensive quality control system,
                                                        implementing full-process testing from raw material recovery and recycling to
                                                        shipment of finished products, to ensure stable and reliable product quality.
       Environ-                 High
       mental                   perform-
       friendliness             ance                    Traceability platform
                                                        By building a full-lifecycle traceability platform for PCR materials, the Company
                                                        enables traceability of the source, processing, testing and destination for each
                                                        batch of products. This aligns with downstream customers' demands for low-car-
                                                        bon, compliant and transparent solutions, and enhances product competitiveness.
About the   Message from     Feature    About Orinko   Sustainable Development    Green and Innovation-       Industrial      Corporate   Low-Carbon     Environmental     Work Safety    Human Resources      Appendix   07
 Report      Chairperson                                     Management           Oriented Development     Co-construction   Governance    Transition    Management       Management       Management
                                                               Production capacity                                                         Environmental benefits
  Scale and Achievements
                                                               The Company's joint ventures, Guangdong Zhongyin Plastics Co., Ltd.         By replacing petroleum-based virgin materials with recycled waste
After years of dedicated operation, the Compa-                 and Orinko Environmental Technology (Anhui) Co., Ltd., record an            plastics, the Company cuts carbon dioxide emissions by over 200,000 tons
ny's circular economy business has achieved                    annual production capacity of 100,000 tons and 50,000 tons of recycled      per year. This effectively reduces the reliance on non-renewable resources
large-scale development and delivered tangible                 materials, respectively.                                                    such as petroleum, while minimizing resource consumption and environ-
results.                                                                                                                                   mental pollution.
                                                               Total production capacity of recycled materials                              Carbon dioxide emissions cut by Over
                                                                                                    tons per year                                                                tons per year
                                                               Market performance                                                                 Industry influence
                                                               The recycled materials have been supplied in large quantities to leading           Thanks to standardized operation and cutting-edge technology, the
                                                               enterprises in home appliances, automobiles and other industries.                  Company has become a benchmark for green transition in the
                                                               Widely recognized by benchmark customers in the industries, these                  polymer materials industry, receiving recognition and accolades
                                                               recycled materials are supplied under long-term, stable strategic                  from industry associations and government departments on
                                                               partnerships, becoming a new growth driver of the Company.                         multiple occasions.
      About the   Message from   Feature   About Orinko   Sustainable Development   Green and Innovation-      Industrial      Corporate   Low-Carbon    Environmental    Work Safety   Human Resources   Appendix   08
       Report      Chairperson                                  Management          Oriented Development    Co-construction   Governance    Transition   Management      Management      Management
      Company Profile
      Corporate Culture
      Development Course
      Business Layout
      Globalized Services
      Honors and Awards in 2025
About the    Message from      Feature    About Orinko     Sustainable Development    Green and Innovation-       Industrial       Corporate     Low-Carbon      Environmental     Work Safety     Human Resources      Appendix   09
 Report       Chairperson                                        Management           Oriented Development     Co-construction    Governance      Transition     Management       Management        Management
Company Profile
Orinko Advanced Plastics Co., Ltd. (hereinafter referred to as
"Orinko", stock code: SH688219) is a national high-tech enterprise,
the first leading modified plastics company listed on the STAR
Market, as well as one of the largest advanced material enterprises
with the widest customer coverage in China.
As a new materials company operating globally, Orinko has set up
seven production bases in Hefei, Anqing, Foshan, Chongqing, Wuhu
and Weifang in China and Chonburi Province in Thailand, as well as a
global R&D center in Shanghai. Through the robust production
network and technical service system, the Company provides global
customers with more precise, accessible and timely professional
services and integrated material solutions.
                                                                             The Company's products include modified materials, special-purpose engineering materials, environment-friendly high-performance PCR
                                                                             materials and multifunctional separator materials, etc., and are applied in a wide range of national pillar industries and emerging industries,
    Incorporated in            Stock code                                    such as automobiles, home appliances, new energy, consumer electronics, electronic and electrical products, AI, healthcare, rail transit, home
                                                                             Orinko is committed to the mission of "facilitating customers' success with innovative materials, and creating a green life for mankind". Driven
                                                                             by continuous innovation, stable quality and premium services, Orinko provides exceptional products and professional solutions for global
                                                                             customers, empowering the sustainable development of a green lifestyle.
About the   Message from   Feature   About Orinko   Sustainable Development   Green and Innovation-      Industrial      Corporate   Low-Carbon     Environmental     Work Safety     Human Resources      Appendix   10
 Report      Chairperson                                  Management          Oriented Development    Co-construction   Governance    Transition    Management       Management        Management
公司简介
Corporate                                             Vision
                                                      Become a global leader in the advanced
                                                                                                                                     Mission
                                                                                                                                     Facilitating customers' success with innovative materials, and creating
                                                      materials industry                                                             a green life for mankind
Culture
                                                      Core value                                                                     Goal
                                                      Customer first, open learning, reform and innovation,                          Pursuing professionalism, innovation and efficiency, striving tirelessly
                                                      cooperation and striving, honesty and pragmatism                               to become a material expert for customers.
About the     Message from         Feature    About Orinko     Sustainable Development    Green and Innovation-      Industrial        Corporate    Low-Carbon     Environmental    Work Safety     Human Resources     Appendix       11
 Report        Chairperson                                           Management           Oriented Development    Co-construction     Governance     Transition    Management      Management        Management
Development Course                                                                                                                                                 2023                                2025
                                                                                                                                                                                                      strategic controlling stake in
                                                                                                                                                                   Company was established
                                                                                     as a national enterprise
                                                                                                                           The Company was listed on the           to expand into the field of        Donghua Composites.
                                                                                                                           SSE STAR Market (stock code:            new energy battery                 The Company planned to
                                         The Company was qualified as a              technology center.                                                                                               acquire OMIKRON, an Italian
                                         national high-tech enterprise.              Shanghai Research Institute                                                                                      modified materials enter-
                                         The Company was awarded the                 was put into operation.                                                                                          prise.
                                         enterprise.                                 Guangdong Yuanrong to
     The Company was
                                         The Company established a                   operate in the South China
     incorporated and
                                         postdoctoral workstation.                   market.
     officially started business
                                         Hefei Industrial Park Phase II was
     in the field of new
                                         completed.
     materials.
                                                                                                                                                                                        Orinko Environmental Technology
                                                                                                                                                                                        joint venture to drive presence across
                                                                                                  The new base in Hefei was                                                             the PCR industrial chain.
                                                                                                                                          Co., Ltd. was established.
                                                                                                                                          and put into operation.
                                                                                                                                          The special nylon synthesis base in
                    Hefei Industrial Park was                system reform.                                                               Shandong was put into trial operation,
                    completed and put into                   Chongqing Orinko was established to                                          integrating synthesis and modification
                    operation.                               operate in the Southwest China market.                                       industrial chains.
About the     Message from      Feature     About Orinko    Sustainable Development       Green and Innovation-                          Industrial         Corporate                Low-Carbon      Environmental    Work Safety   Human Resources   Appendix   12
 Report        Chairperson                                        Management              Oriented Development                        Co-construction      Governance                 Transition     Management      Management      Management
Business Layout                                       As a leader in innovative polymer materials, Orinko provides new polymer materials solutions for a wide range of industries.
            Industries where Orinko secures a leading position
                                                                                                                           Food                  Housing
                  Automobiles             Home appliances         New energy
                                                                                                                                                             Transpor-
                Consumer electronics         Electronic and electrical products                Clothing                                                         tatio
                                                                                                                                                                                                   Modified new materials
                                                                                                                 Pr
                                                                                                                                   Product
                                                                                                                od
                                                                                                                                  application
                                                                                                    uc
                                                                                                                                                            M
                                                                                                       ts
                                                                                                                                                              ult
                                                                                             a re
                     Industries where Orinko operates
                                                                                                                                                                  iple
                                                                                                                                                                                       Special-purpose engineering materials
                                                                                      a p p li e d i n m a ny
                                                                                                                                                                  indus tr y clu
                                                                                                                 Service                            Products
                 Rail transit         Home furnishing & building materials                                        areas                            and services
                                                                                                                                                                                      Environment-friendly high-performance
              Security protection           Healthcare         Energy storage                                                                                                                    PCR materials
                                                                                                                                                               te                s
                                                                                                  in d
                                                                                                                                                             rs
                                                                                                                                   Service
                                                                                                          us
                             Emerging industries Orinko                                                                            purpose
                                                                                                                tri
                                                                                                                  s
                                                                                                                 e
                              strategically expands into                                                                                                                                 Multifunctional separator materials
               AI servers         Low-altitude economy          Humanoid robots
                                Liquid-cooled big data centers
                                          Orinko provides specialized, innovative and efficient products and services for global customers, creating a green life for mankind.
About the    Message from     Feature    About Orinko       Sustainable Development   Green and Innovation-         Industrial      Corporate   Low-Carbon     Environmental    Work Safety   Human Resources   Appendix     13
 Report       Chairperson                                         Management          Oriented Development       Co-construction   Governance    Transition    Management      Management      Management
Globalized Services                                                                                                                                 Fuyang      Anqing
                                                                                                                                                                                                                  Hefei
                                                                                                                                                                                                                  Japan
                                                                             US                                                                                                                                   Weifang
                                                                                                                                                                                                                  Suzhou
                                                                                                                                                                                                                  Shanghai
                                                                          Mexico (under preparation)                                                                                                              Jinshan
     Orinko's headquarters
                                                                                                                                                                                                                  Wuhu
     Hefei, China
     Research institutes
     Suzhou, Shanghai, Jinshan
     R&D and manufacturing bases
     Chonburi, Thailand; Mexico (under preparation);
     Italy (to be acquired); Chongqing, Zhaoqing, Foshan,                                              Italy (to be acquired)       Chongqing     Thailand    Vietnam Zhaoqing Foshan
     Fuyang, Anqing, Wuhu, Weifang in China
     Overseas offices                                                 Domestic offices
     Tokyo, Japan; US; Vietnam                                        Beijing, Changchun, Shenyang, Tianjin, Baoding, Handan, Jinan, Qingdao, Xi'an, Chengdu, Wuhan, Jingzhou, Changsha, Changzhou, Nanjing, Wuxi,
                                                                      Kunshan, Ningbo, Xiamen, Huizhou, Shenzhen, Dongguan, Zhongshan
About the      Message from   Feature    About Orinko    Sustainable Development   Green and Innovation-         Industrial         Corporate   Low-Carbon         Environmental     Work Safety   Human Resources    Appendix   14
 Report         Chairperson                                    Management          Oriented Development       Co-construction      Governance    Transition        Management       Management      Management
Honors and Awards in 2025
Major awards and honors received by Orinko and its subsidiaries in 2025:
                                                                           A Green Factory in                                                                                            An Advanced Intelligent
              A High-Tech Enterprise                                                                                        A Green Factory in Chongqing
                                                                             Anhui Province                                                                                             Factory in Anhui Province
            Science and Technology Commission                      Anhui Provincial Department of Industry                      Chongqing Municipal Commission of                         Anhui Provincial Department of
                  of Shanghai Municipality                              and Information Technology                              Economy and Information Technology                     Industry and Information Technology
   A Specialized and Sophisticated                             One of the Top 100 Private
                                                                                                                                 One of the Top 30                                 One of the Top 500 Manufacturers
  SME Producing Novel and Unique                               Manufacturing Enterprises
                                                                                                                                Manufacturers in Hefei                                 in Guangdong Province
     Products in Anhui Province                                   in Anhui Province
    Anhui Provincial Department of Industry                       Anhui Federation of Industry                           Hefei Enterprise (Enterprise Directors)
                                                                                                                                                                                    Guangdong Manufacturers Association
         and Information Technology                                     and Commerce                                                 Confederation
                     One of the Top 100 Enterprises in Foshan
                                                                                                           Anqing Enterprise Technology Center                                     Anqing Enterprise R&D Center
                        Top 100 Manufacturers in Foshan
                      Top 100 Private Enterprises in Foshan                                                    Anqing Municipal Bureau of Industry                                      Anqing Municipal Bureau of
                                                                                                                  and Information Technology                                             Science and Technology
        Foshan Enterprise Confederation, Foshan Enterprise Directors Association
      About the     Message from       Feature     About Orinko      Sustainable Development    Green and Innovation-      Industrial      Corporate   Low-Carbon    Environmental    Work Safety   Human Resources   Appendix   15
       Report        Chairperson                                           Management           Oriented Development    Co-construction   Governance    Transition   Management      Management      Management
      Sustainable Develop-
      ment Management
      ESG Strategy
      ESG Governance
      Communication with Stakeholders
      Evaluation of Materiality Issues
      Committed to sustainable development, Orinko embeds the ESG concept into the entire
      process of corporate governance, strategic planning, operation & management, and
      industrial chain collaboration, and works to build a systematic sustainable development
      management system led by strategies, underpinned by robust governance, driven by
      communication and collaboration, and focused on key priorities. Aligning with the
      characteristics of the new materials industry and the development opportunities brought
      by the "carbon peaking and carbon neutrality" initiative, the Company continuously
      refines its ESG governance framework, clarifies the implementation roadmap for the
      sustainable development strategy, improves the stakeholder communication mechanism,
      and conducts materiality evaluation in a scientific manner. Through high-quality
      sustainable development management, the Company aims to drive long-term and stable
      business operation, and empower the green transition of the industry.
About the    Message from     Feature      About Orinko   Sustainable Development     Green and Innovation-         Industrial         Corporate         Low-Carbon         Environmental         Work Safety      Human Resources         Appendix   16
 Report       Chairperson                                       Management            Oriented Development       Co-construction      Governance          Transition        Management           Management         Management
                                                           ESG Strategic Directions
                                                           Aligning closely with China's "carbon peaking and carbon neutrality" strategy as well as policies supporting technological innovation and high-quality develop-
ESG Strategy                                               ment, the Company has established three strategic directions, respectively in environmental, social and corporate governance dimensions, in light of its
                                                           business layout and globalization plan.
ESG Concept                                                                 Environmental                                                       Social                                                      Governance
Orinko adheres to the ESG concept of "creating                           Low-carbon transition and                                         Human centricity and                                      Standardization, transparency,
innovative materials to drive green develop-                             circular economy                                                  co-creation of value                                      compliance and long-term
ment and harmony with nature". It deeply                                                                                                                                                             development
integrates ESG management with the carbon
neutrality goal and the high-quality develop-                With the carbon neutrality strategy at the core, the      Upholding a human-centric approach, the Company                      The Company continuously improves its gover-
ment of the industry, and fosters an ESG value               Company promotes green manufacturing, clean               protects employees' legitimate rights and interests as               nance structure as a listed company, strengthens
                                                             energy substitution, and the layout of circular           well as occupational health and safety, and improves                 internal control and risk prevention & control,
system featuring environmental sustainability,
                                                             economy business across the industrial chain. With        the talent training and career development system; it                adheres to business ethics and information
co-growth with society and high-standard                     the focus on the R&D and application of PCR materials     adheres to the bottom line of product quality and work               security, and pushes forward digital governance. It
governance, aiming to be a benchmark of ESG                  and low-carbon modified materials, it works to build a    safety, and deepens sustainable management of the                    refines the ESG governance mechanism, and
                                                             full-lifecycle green system covering raw materials,       supply chain; it actively fulfills its social responsibility,        enhances the quality and transparency of ESG
practices for the global new materials industry.
                                                             production, recovery and recycling.                       and engages in public welfare and green science                      information disclosure.
                                                                                                                       popularization initiatives.
                                                                                                                                              Core issues
                                                               Response to climate change, carbon neutrality             Product quality and safety, sustainable management                 Listed company governance, business ethics,
                                                               strategic actions, energy management, water               of the supply chain, customer services, protection of              information security, digital construction,
                                                               resource management, circular development,                employee rights and interests, occupational health                 compliance operation
                                                               pollution and emissions management, green                 & safety, employee training and development, public
                                                               products and solutions                                    welfare and charity
About the      Message from         Feature         About Orinko     Sustainable Development        Green and Innovation-      Industrial        Corporate       Low-Carbon       Environmental       Work Safety       Human Resources        Appendix   17
 Report         Chairperson                                                Management               Oriented Development    Co-construction     Governance        Transition      Management         Management          Management
ESG Governance                                               To strengthen the top-level decision-making and overall coordination of ESG work, the Company officially renamed the Strategic Development Committee of the Board
                                                             of Directors as the Strategic Development and ESG Committee of the Board of Directors, and established a three-level ESG governance system featuring collaboration
                                                             across the decision-making level, management level and execution level, to ensure that ESG work is deeply integrated with the Company's strategies and efficiently
                                                             implemented.
                               ESG management structure                                                                                                      Division of ESG Responsibilities
                                       Board of Directors                                                                                 Board of Directors and Strategic Development and ESG Committee
                                                                                                                                          They review the Company's ESG strategies and plans, carbon neutrality targets, climate risk response
                                                                                                                Decision-making           strategies, sustainable development policies and annual ESG work plans; oversee the implementation of
                                                                                                                level                     ESG strategies and the achievement of performance targets; and review annual ESG reports and relevant
                    Strategic Development and ESG Committee                                                                               information disclosure documents, to ensure that ESG practices comply with regulatory requirements and
                                                                                                                                          stakeholder expectations.
                                      ESG Leading Group
                                                                                                                                          ESG Leading Group
                                                                                                                                          It formulates annual ESG action plans, decomposes and implements ESG management requirements,
                                                                                                                Management                coordinates efforts to address major issues arising from the implementation of ESG initiatives, and ensures
                                                                   ESG Work Office                              level                     the implementation of strategies. It is led by the Company's senior management, and collaborates with
                                                                                                                                          core departments including R&D, production, supply chain, human resources and finance, to form a
                                                                                                                                          management mechanism with comprehensive coverage.
                                ESG Work Execution Group
                                                                                                                                          ESG Work Execution Group
   Centers and functional departments                    Factories and business departments
                                                                                                                  Execution               All centers, functional departments, branches and subsidiaries appoint dedicated liaison officers, who
  R&D center, investment & securities center,            Hefei factory, Guangdong factory, Anqing                                         are responsible for the execution of and data collection involved in specific tasks, including carbon
                                                         factory, Chongqing factory, Thailand
                                                                                                                  level
  quality center, supply chain center, HR &                                                                                               emission accounting, supplier ESG review, employee training, environmental management, work safety
  administrative center, process data & IT               factory, separator material company,                                             and implementation of public welfare initiatives, and report work progress on a regular basis, so as to
  center, audit & legal affairs center, financial        special-purpose material company,                                                form a top-down execution network with participation by all employees.
  management center, lean management                     Shanghai Research Institute, Orinko
  department, etc.                                       Environmental Protection, etc.
About the    Message from         Feature         About Orinko        Sustainable Development         Green and Innovation-             Industrial          Corporate               Low-Carbon          Environmental        Work Safety              Human Resources            Appendix     18
 Report       Chairperson                                                   Management                Oriented Development           Co-construction       Governance                Transition         Management          Management                 Management
Communication                                                         The Company has identified eight core stakeholders, including shareholders and investors; regulators/exchanges and rating agencies; customers; suppliers/-
                                                                      contractors and other partners; employees; communities/the public and media; non-governmental organizations (NGOs), and industry associations/research
with Stakeholders                                                     institutions. It precisely aligns with the core expectations of each stakeholder and puts in place diversified and regular communication channels, realizing
                                                                      two-way information communication and interaction.
 Stakeholders
                            Shareholders               Regulators, exchanges               Customers                  Suppliers, contractors                   Employees                       Communities,                         NGOs                      Industrial associations
                            and investors               and rating agencies                                            and other partners                                                   the public and media                                             and research institutions
                                                                                                                                                        Occupational health & safety                                        Environmental protection
                       Economic performance               Compliance operation       Product quality and safety        Sustainable procurement                                              Charity and public welfare                                      Scientific and technological
                                                                                                                                                                                                                          Water resource management                  innovation
                                                                                             Green and                                                        Employee welfare                     Ecological
                          Risk management                  Legal employment                                                   Business ethics                rights and interests
                                                                                        low-carbon solutions                                                                                 environment protection       Response to climate change       Intellectual property protection
     Core                   ESG performance                  Business ethics                                            Responsible production               Employee training
                                                                                         Customer services                                                                                           Work safety                                                Standard formulation
  expectations                                                                                                                                               and development                                                Responsible production
                            Long-term value               Information disclosure        Information security                  Fair cooperation                                                    Green development                                            Industrial collaboration
                                                                                                                                                              Humanistic care                                             Employee rights and interests
                                                                                      Global service platforms
                    Shareholders’ meetings Regular           Regulatory filing                                           Supplier conferences                 Employee forums             Community project cooperation      Information disclosure             Industrial exhibitions
                          report disclosure                                                Customer visits
                                                           Compliance training                                       Regular evaluation and review         Corporate email box for            Public welfare activities      Thematic exchanges                     International
                      Performance presentation                                          Quarterly operation                                                 employee feedback                                                                                   standard formulation
     Main                                                                             communication meetings                                                                                                                 Daily communications
                                                          Questionnaire surveys                                          Daily communications                                                Official WeChat accounts
communication          On-site investor surveys                                                                                                        Internal communication platform                                                                          Academic exchanges
                                                                                    Customer satisfaction surveys                                                                                                                Public welfare
   channels                                                On-site inspection                                       Sustainable development training                                               Media interviews
                            SSE E-interactive                                                                                                           Employee satisfaction surveys                                         project cooperation                    Joint R&D
                                                                                            CRM system
                                Hotline                   Response to inquiries                                               On-site review             Corporate culture activities              Public open day                                               Industrial meetings
                                                                                    Technical exchange meetings
About the         Message from   Feature       About Orinko      Sustainable Development       Green and Innovation-       Industrial        Corporate        Low-Carbon         Environmental           Work Safety   Human Resources            Appendix   19
 Report            Chairperson                                         Management              Oriented Development     Co-construction     Governance         Transition        Management             Management      Management
Evaluation of                                                 Guided by sustainable development and centering on environmental, social and corporate governance (ESG) dimensions, the Company has established a material-
                                                              ity issue management mechanism comprising four stages: issue identification, issue survey, issue analysis and issue screening. It accurately identifies core
Materiality Issues                                            materiality issues and updates them on an ongoing basis, to ensure that materiality issue management aligns with corporate development, industry trends and
                                                              regulatory requirements.
   The Company conducts a comprehensive review from three dimensions: internal operations, industry practices                       The Company conducts evaluation from the two dimensions of financial materiality and impact
   and policy compliance, and identifies basic issues across all scenarios.                                                         materiality, and quantitatively rates the priority of each issue.
   Internal operations: Focusing on the whole process of core business, the Company identifies materiality issues                   Financial materiality: The Company analyzes the potential impacts of each issue on its financial
   covering key links of operation, such as green production, energy consumption control, water resource utilization,               performance, including impacts on its income, costs, profits, cash flows, financing costs, brand value, etc.
   solid waste recycling, work safety, employees' occupational health, and product quality control.                                 Impact materiality: The Company evaluates the potential impacts of each issue on the environment and
   Industry practices: Benchmarking against best sustainability practices in the new materials industry, the                        society, covering the scale, scope, duration, irreversibility and likelihood of occurrence of such impacts.
   Company introduces industry-specific issues, with the focus on common issues including low-carbon transition,
   circular economy, ESG management across the supply chain, and green technology innovation.
   Policy compliance: Aligning with domestic and international regulatory requirements, including ESG disclosure
   standards, carbon peaking and carbon neutrality policies, environmental regulations, and labor protection
   policies, the Company identifies compliance issues and develops a complete list of basic materiality issues.
                                                                                                                                    The Company conducts tiered screening and regular updating from the two dimensions of priority rating and
                                                                                                                                    Priority rating: Based on results of the two-dimensional evaluation, materiality issues are classified into three
    The Company summarizes the core concerns of all stakeholders through external surveys and internal                              levels: high priority, medium priority and low priority, and then submitted to the corporate governance level
    interviews.                                                                                                                     for review and confirmation.
    External surveys: Through industry surveys, the Company gains insights into the concerns and core                               Dynamic calibration: The Company has established an annual update mechanism. Every year, the Company
    expectations of various stakeholders on ESG issues.                                                                             reviews, reduces or adds materiality issues in light of business layout adjustments, industrial policy changes,
    Internal interviews: The Company conducts in-depth interviews with core functional departments including                        technological iteration and upgrading, and shifts in stakeholder expectations, to ensure that issue manage-
    production, R&D, human resources, finance, EHS (Environment, Health and Safety) and supply chain, and sorts                     ment consistently aligns with its actual operation and external requirements.
    out the key ESG matters and management priorities in their daily operations.
About the                  Message from          Feature           About Orinko           Sustainable Development                  Green and Innovation-         Industrial      Corporate      Low-Carbon      Environmental     Work Safety      Human Resources   Appendix   20
 Report                     Chairperson                                                         Management                         Oriented Development       Co-construction   Governance       Transition     Management       Management         Management
                            Materiality Issues Evaluation Matrix                                                                                                                             List of Materiality Issues
Impact materiality
                                                                                                                                                           Dimension                                                Materiality issues
                                                                                                             Innovation of green
                                                                                                                                                                                water), response to climate change, innovation of green products, ecological
                                                                                                                                                           Environmental        protection
                                                                                                              Listed company
                                               Employees’ occupational                                     18 governance                                                        Product quality and safety, R&D innovation, supplier management, customer
                                                                                                                                                                                services, labor management, employees’ occupational health and safety, employee
                                                                                                                                                                                training and career development, employee care, public welfare and charity
                                                             Resource management
                                                                                                                                                                                Listed company governance, internal control and audit, business ethics, privacy and data
                                                                                                                                                                                security, intellectual property protection, digital construction
                                                                                                                                                            Corporate
                                                                                                                                                           governance
                                                                                                           Financial materiality
                     Environmental           Social                     Corporate governance
                     dimension               dimension                  dimension
About the     Message from       Feature      About Orinko      Sustainable Development   Green and Innovation-      Industrial      Corporate   Low-Carbon    Environmental    Work Safety   Human Resources   Appendix   21
 Report        Chairperson                                            Management          Oriented Development    Co-construction   Governance    Transition   Management      Management      Management
Green and Innovation-
Oriented Development
R&D Innovation
Green Products and Solutions
Intellectual Property Protection
The Company upholds innovation-oriented development, and builds a tiered,
categorized, collaborative and efficient R&D management system. It continuously
scales up R&D investment, upgrades R&D platforms and drives technological
breakthroughs. Powered by R&D and innovation, the Company advances the
iteration of green products and industrial upgrading, providing core technologi-
cal support for sustainable development.
About the     Message from     Feature     About Orinko     Sustainable Development     Green and Innovation-       Industrial        Corporate     Low-Carbon         Environmental     Work Safety      Human Resources         Appendix   22
 Report        Chairperson                                        Management            Oriented Development     Co-construction     Governance      Transition        Management       Management         Management
R&D Innovation
                                                                                      R&D Philosophy
The Company boasts a range of R&D platforms, including a
national enterprise technology center, a national CNAS
                                                                                        R&D Framework
laboratory, a national postdoctoral workstation, an industrial
technology innovation center of petroleum and chemical                                The R&D framework consists of basic research, applied research, and development research.
industries, an engineering research center in Anhui Province,
an enterprise R&D center in Anhui Province, an enterprise
                                                                                         Basic research                            Applied research                             Development research
technology center in Guangdong Province, an engineering
technology research center in Guangdong Province, an                                    It focuses on the exploration of new       It focuses on the application of the        It focuses on the application of the outcomes of
enterprise technology center in Chongqing, a small and                                  theories and principles, providing         outcomes of basic research to               basic and applied research in product development
medium-sized enterprise technology R&D center in Chongq-                                data support and theoretical               specific goals, paving the way for          and production practices. It is the core link in
ing, an industrial design center in Hefei, an enterprise technol-                       guidance for the invention and             the practical application of such           converting science into productive forces, covering
ogy center in Anqing, and an enterprise R&D center in Anqing.                           creation of new technologie                outcomes and translating them               the research and development of industrialization
The Company maintains high-intensity R&D investment,                                                                               into usable technologies.                   technology and industrial technology.
allocating no less than 4% of its operating income to R&D and
innovation annually. On such a basis, it has cultivated a
specialized R&D team, providing robust talent and platform
support for green technology R&D and product innovation.
R&D Investment
RMB
R&D investment as a percentage of total operating income
About the    Message from       Feature    About Orinko   Sustainable Development   Green and Innovation-        Industrial       Corporate        Low-Carbon         Environmental    Work Safety   Human Resources      Appendix   23
 Report       Chairperson                                       Management          Oriented Development      Co-construction    Governance         Transition        Management      Management      Management
                                                                    R&D Framework
  Research Mission
                                                                       R&D System
The Company makes constant innovations in new                          The Company has established a three-level collaborative R&D system, forming an R&D structure that spans frontier exploration, technological
                                                                       breakthroughs, and application implementation.
materials and new technologies. Meanwhile, it
increases investments and efforts in the R&D of
frontier technologies, and turns novel ideas into
product solutions in line with customer demands,
to break foreign monopoly, replace imported
products, and advance toward cutting-edge
technologies in the industry.                                                             Focusing on global                                  It is responsible for
                                                                                                                                                                                                           Guided by market and
                                                                                          strategy research and                               the technological
                                                                                                                                                                                                           customer needs, it
                                                                                          frontier technology                                 R&D of core products
                                                                                                                                                                                                           carries out application
                                                                    Central               incubation, it carries                              and the construction        Business Unit Solutions          innovation and the
                                                                    Research              out R&D of disruptive     R&D Center                of a generic                Development
Based on pain points of the industry and                                                                                                                                                                   development of
                                                                    Institute             technology and                                      technology platform,        Department
                                                                                                                                                                                                           customized solutions,
customer demands, the Company follows market                                                                                                  with the aim to
                                                                                          incubates projects for                                                                                           to realize the rapid
trends, closely cooperates with customers, and                                            new growth curves, to                               support the iteration
                                                                                                                                                                                                           commercialization of
                                                                                          lead the industry's                                 of core products and
provides targeted product solutions to address                                                                                                                                                             technological
                                                                                          technological                                       the breakthrough in
pain points of the industry and meet customer                                                                                                                                                              achievements.
                                                                                          direction.                                          key technologies.
demands.
The Company continuously improves the
serviceability and innovativeness of its products,
and drives the innovation of green material                      With a customer-centric approach, the Company has established a three-level R&D system to ensure swift response to customer demands. It has also
technologies.                                                    planned for the development of material technologies in the next 3-5 years, and put in place complete lifecycle management for product technologies.
About the       Message from    Feature    About Orinko   Sustainable Development   Green and Innovation-      Industrial      Corporate     Low-Carbon     Environmental      Work Safety     Human Resources     Appendix   24
 Report          Chairperson                                    Management          Oriented Development    Co-construction   Governance      Transition    Management        Management        Management
  IPD Reform
Guided by the principle of "prioritizing urgent                                                                               R&D Platforms
needs while consolidating fundamental capabili-
ties", the Company streamlined the R&D process,
                                                                                                                                Upgrade of laboratory capacity
focusing on the two core areas of demand control
and mass production control. This initiative                                                                                  The Company continued to expand the footprint of laboratory accreditation, having secured
boosted sample delivery efficiency by over 30%,                                                                               approvals from a total of nine auto manufacturers, including initial accreditations by four
mass production rate by over 40% and first-pass                                                                               manufacturers —Fengyue, FAW-Volkswagen, Seres and NIO — in 2024 and 2025. Its testing
yield in mass production by over 30%, and cut                                                                                 capabilities cover all key fields including mechanics, chemistry, and thermodynamics.
customer complaint rate at the early stage of
mass production by over 50%, thereby compre-
hensively enhancing R&D quality and conversion                                                                                  Automation and digital transformation
efficiency.
                                                                                                                              At the Hefei base, tensile and bending tests have been automated, with robotic arms
                                                                                                                              performing automatic sampling and testing. This has reduced average daily labor input by
              Sample delivery efficiency up by                                                                                one man-day and significantly improved test data stability. A customized LIMS (Laboratory
                                                                                                                              Information Management System) has been developed and piloted at the Guangdong base,
                                                                                                                              enabling digitalization of the entire process from test application and sample receipt to
              Over
                                                                                                                              report approval and sample retention management. This has cut report issuance time by
              Mass production rate up by                                                                                      IAM systems, realizing cross-platform data interconnection.
              Over                                                                                                              Construction of advanced analytical platforms
                                                                                                                              The Company has built three core capabilities: formulation analysis, failure analysis, and
              Customer complaint rate at the                                                                                  polymer monomer analysis, and independently developed 38 analytical technologies and 10
              early stage of mass production
              down by                                                                                                         standard analytical methods, enabling molecular-level structural elucidation and 24-hour
                                                                                                                              precise traceability of foreign contaminants. These capabilities cover the full product
                                                                                                                              lifecycle from R&D and production control to after-sales quality management, supporting
              Over
                                                                                                                              efficient customer complaint analysis and response, and providing robust technical support
                                                                                                                              for quality improvement and cost control.
About the    Message from     Feature     About Orinko    Sustainable Development   Green and Innovation-      Industrial      Corporate   Low-Carbon    Environmental    Work Safety   Human Resources   Appendix   25
 Report       Chairperson                                       Management          Oriented Development    Co-construction   Governance    Transition   Management      Management      Management
Green R&D
Committed to green R&D, the Company integrates
the concepts of low carbon, circular economy and
energy conservation into the entire R&D process.
Focusing on technological breakthroughs in
bio-based materials, recycled plastics, lightweight
materials, low-VOC materials, among other green
materials, the Company aims to reduce the environ-
mental impacts of its products throughout their
lifecycle from the source.
The Company deepens cooperation with universities
and research institutes, and maintains long-term
partnerships with the University of Science and
Technology of China, Peking University, Anhui
University, South China University of Technology, East
China University of Science and Technology, Chongq-
ing University and Donghua University, among
others, to jointly build R&D platforms, launch
scientific research projects, and integrate high-quali-
ty resources to accelerate the innovation and
commercialization of green technology.
About the    Message from      Feature     About Orinko       Sustainable Development   Green and Innovation-       Industrial      Corporate   Low-Carbon    Environmental    Work Safety    Human Resources     Appendix   26
 Report       Chairperson                                           Management          Oriented Development     Co-construction   Governance    Transition   Management      Management       Management
Green Products and Solutions
Upholding the mission of "facilitating customers' success with innovative materials, and creating a green life for mankind", the Company actively responds to China's "carbon peaking and carbon neutrality" strategy, and
embeds the green concepts of light weight, low carbon, energy conservation, environmental protection, health and safety, reliability and long service life into the whole process of product development. Committed to
developing green and environment-friendly materials, the Company has rolled out a number of innovative products, which have been successfully applied in areas such as new energy vehicles and home appliances,
contributing its strength to green and low-carbon development.
Innovative materials for automobiles
Focusing on light weight, low carbon and environmental protection, safety and comfort, intelligence and interaction,
Orinko provides integrated material solutions for the 12 major systems of automobiles.
     Polarity injection-moulded surface for intelligent              Bio-based long-carbon-chain nylon material:
     cockpits: Orinko pioneered the "ORINKO IMSS"                    Orinko has integrated the entire industrial chain
     injection moulding technology, which is widely                  covering synthesis, modification and application
     applied to the injection moulding of large thin-wall            of long-carbon-chain nylon, which is widely used
     surface products, replacing traditional moulding                in the cooling pipes and fuel pipes of new energy
     processes for soft surfaces like genuine leather                vehicles, as well as lightweight drone bodies,
     wrapping, slush moulding and vacuum thermoform-                 smart wearables and other fields.
     ing in negative mould, and greatly boosting produc-
     tivity and product competitiveness.
                                                                     High-gloss black PMMA alloy: Orinko completed
     Metallic color spray-free PC alloy material: Injection          the 3500kJ ageing certification and was included
     moulded, the material delivers a high-gloss metallic            in the SAIC General Motors system, designated for
     finish or special color effects, eliminating the                the development of exterior trim panels of pillars,
     painting process and significantly reducing VOC                 grilles and other components of all vehicle
     emissions.                                                      models.
     PCR automotive materials: Orinko has built a car-to-car vertical circular model, developed recycled
     materials such as PCR-ABS and PCR-PP, and realized the high-value recovery and utilization of waste
     automotive materials.
About the    Message from     Feature    About Orinko      Sustainable Development    Green and Innovation-      Industrial       Corporate     Low-Carbon     Environmental     Work Safety    Human Resources     Appendix   27
 Report       Chairperson                                        Management           Oriented Development    Co-construction    Governance      Transition    Management       Management       Management
Innovative materials for home appliances
Focusing on intelligence, premium quality, segmentation, energy conservation & environmental
protection, health and safety, and home aesthetics, Orinko keeps advancing product innovation
and upgrading, and provides integrated material solutions for home appliances in the whole house.
     High-strength, low-water-absorption                High-efficiency and long-acting antibac-
     reinforced PA material: Thanks to high             terial and antifungal material: It can
     strength, good appearance and low                  continuously inhibit the growth of bacteria
     water absorption, the material                     and mould, thus extending the service life
     features improved performance                      of home appliances, and reducing product
     retention in wet environments.                     scrapping and resource waste caused by
                                                        mould and aging.
                                                                                                                    Innovative materials for new markets
     Renewable materials: Orinko provides               The first refrigerant-resistant PBT                          Focusing on light weight, low density, chemical corrosion resistance, and weather resistance, Orinko
     renewable and low-carbon PP, ABS and               material at home: Orinko passed the                          continuously develops novel and unique formulations and processes, providing innovative materials for
     PC material series across the ecosys-              long-term refrigerant immersion and
                                                                                                                     new markets such as engineering materials, consumer electronics, and new energy.
     tem, empowering customers to reduce                precipitation test, as well as relevant
     carbon emissions from products.                    GMCC tests, breaking the monopoly of                           Halogen-free flame-retardant nylon: The            PC and alloy materials:With the UL746C F1 certifi-
                                                        imported materials for customers.                              highly heat-resistant alloy technology             cation, the materials for outdoor applications
                                                                                                                       solves the problems related to precipita-          feature an RTI of 120℃ and excellent low-tempera-
                                                                                                                       tion, corrosion and moulding appearance of         ture resistance performance (-50℃). They are
                                                                                                                       existing products, guaranteeing safe               applied in areas like communication radomes,
                                                                                                                       connections in the new energy field.               connectors, charging guns, and batteries, etc.
                                                                                                                       Dielectric PPE materials:Orinko stably             Integrated high-temperature nylon materials:
                                                                                                                       supplies the whole series of low-loss PPE          Orinko integrated the high-temperature nylon
                                                                                                                       materials with a dielectric constant               synthesis and modification industrial chain,
                                                                                                                       ranging from 2.6 to 9.0, and has been              achieving breakthroughs in areas such as new
                                                                                                                       recognized by multiple communication               energy, consumer electronics, and LED display,
                                                                                                                       equipment manufacturers.                           with products leading in the domestic market.
About the    Message from     Feature     About Orinko    Sustainable Development      Green and Innovation-      Industrial      Corporate   Low-Carbon    Environmental    Work Safety   Human Resources   Appendix   28
 Report       Chairperson                                       Management             Oriented Development    Co-construction   Governance    Transition   Management      Management      Management
Lithium-ion battery separator materials
Orinko continuously advances implementation of the lithium-ion battery wet-process
separator project, speeds up production of wet-process separators with stable quality and
excellent performance, focuses on achieving breakthroughs in the lithium-ion battery
market, and strives to become a supplier of new energy materials that can produce a
range of functional separators.
     Domestic production line: Orinko independently designed the first fully domestic
     mastery of production line iteration and upgrade technologies.
     Aramid fibre coating materials: Orinko independently developed the polymeriza-
     tion and coating technology for para-aramid fibre. The product features high
     temperature resistance (with a film-breaking temperature of over 350℃), low
     specific gravity, oxidation resistance, and sound wettability, improving the energy
     density and safety performance of batteries.
     Online coating process: Orinko independently designed the online coating
     equipment, which achieves integrated production, shortens the production cycle
     and boosts production efficiency.
     High-temperature resistant ceramic coated separator: Based on the conventional
     ceramic formulation, Orinko improved the heat-resistant performance of
     heat-sensitive auxiliary materials, and increased the product's heat resistance
     temperature by another 20-50℃.
About the    Message from      Feature    About Orinko     Sustainable Development    Green and Innovation-        Industrial      Corporate     Low-Carbon       Environmental    Work Safety   Human Resources   Appendix   29
 Report       Chairperson                                        Management           Oriented Development      Co-construction   Governance      Transition      Management      Management      Management
Intellectual Property Protection
Orinko regards intellectual property as the core pillar of innovation-driven development. The Company has built a full-process, standardized and globalized
intellectual property management system fully covering the entire chain of creation, utilization, protection and management. By leveraging intellectual
property, we have consolidated innovation barriers, safeguarded global market expansion, and led the upgrades of industry standards.
Intellectual property
management system                                                 Intellectual property creation and protection
Orinko has set up a dedicated intellectual property               With the coordinated advancement of innovation and intellectual property layout, Orinko
management department, which is staffed with IP                   has built a high-value intellectual property portfolio focusing on core fields such as green
management personnel and full-time engineers, and                 materials, new energy materials and special polymer materials. In 2025, the Company filed a
comprehensively oversees the application, operation and           total of 315 intellectual property applications, including 275 patents, 20 trademarks through
risk control of patents, trademarks, software copyrights          the Madrid System, and 20 software copyrights.
and other intellectual property rights. The Company has
                                                                              Intellectual property applications filed in 2025
improved the patent management system and formulat-
ed the Patent Management Measures and the Classifica-
tion and Hierarchical Patent Management Measures to
clarify the full-process patent management specifica-                                                Trademarks through the
                                                                   Patents                           Madrid System                       Software copyrights
tions, and established high-value patent screening,
protection and operation mechanisms, achieving
standardized and refined patent management.
Under a regularized intellectual property training
mechanism, we have formulated an annual special                   We have implemented hierarchical and classified patent protection, accurately identified
intellectual property training plan, covering patent              core and important patents, and strengthened intellectual property layout in key technolog-
application practices, infringement risk prevention, and          ical fields such as green and low-carbon development and circular regeneration, providing
international intellectual property rules, to enhance             solid support for technological innovation and product iteration.
employees' awareness of intellectual property and foster
innovation and creativity across the organization.
About the    Message from      Feature     About Orinko    Sustainable Development     Green and Innovation-      Industrial       Corporate     Low-Carbon     Environmental     Work Safety     Human Resources     Appendix   30
 Report       Chairperson                                        Management            Oriented Development    Co-construction    Governance      Transition    Management       Management        Management
     Global intellectual property layout
    In alignment with its global development strategy, Orinko has established an
    international intellectual property protection network. Leveraging the PCT
    international patent system, the Company has advanced the global layout of core
    technologies such as key new energy vehicle materials and other critical patents in
    the U.S., Europe and other major overseas markets, achieving global protection for
    core technologies.
    Relying on the Madrid System for the International Registration of Marks, the
    Company has advanced the global registration of its core brands " 会通 " and
    "ORINKO". We have completed the filing and protection of multi-class trademarks
    across numerous countries worldwide, and strengthened intellectual property
    safeguards for overseas brands, developing intellectual property layout in step
    with global market expansion.
    Intellectual property risk prevention
    and control
    Orinko has developed a full-chain intellectual property risk prevention and control
    mechanism featuring "early warning, analysis, judgement and rights protection".
                                                                                                    Intellectual property honors and accolades
    For core technologies and products such as lithium battery separators and
    high-temperature polyamide fibers, the Company has conducted patent naviga-                     Boasting outstanding comprehensive strength in intellectual property, Orinko has been recognized as a National Intellectu-
    tion and infringement early warning analysis, and compiled special navigation                   al Property Demonstration Enterprise, and honored "Outstanding Patent Award of China ", "Patent Silver Award of Anhui
    reports to effectively prevent intellectual property risks in international markets.            Province", and "Outstanding Patent Award of Anhui Province". Its subsidiaries have been granted "Intellectual Property
                                                                                                    Demonstration Enterprises of Guangdong Province" and "Intellectual Property Advantage Enterprises of Chongqing".
    By advancing the transformation and application of high-value patents, we have
    deeply integrated core patented technologies into product R&D, production and                   The Company has actively participated in the formulation and revision of industry standards, including 28 national stan-
    market promotion, and converted technological advantages into product competi-                  dards, three industry standards and four group standards. We have translated core technologies such as green materials
    tiveness and market advantages, maximizing the value of intellectual property.                  into industry standards, and enhanced industry influence and product credibility, driving high-quality and sustainable
                                                                                                    development of the new materials industry.
About the     Message from       Feature      About Orinko      Sustainable Development   Green and Innovation-      Industrial      Corporate   Low-Carbon    Environmental    Work Safety   Human Resources   Appendix   31
 Report        Chairperson                                            Management          Oriented Development    Co-construction   Governance    Transition   Management      Management      Management
   construction
Product Quality and Safety
Supply Chain Management
Customer Service
Adhering to the industrial co-construction philosophy of "customer
priority, win-win cooperation", Orinko builds an industrial
ecosystem featuring reliable quality, efficient supply chains and
customer satisfaction, with product quality as the core corner-
stone, supply chain collaboration as an important support, and
customer service as a value bond. In 2025, the Company further
advanced its practices in three major directions, namely quality
control upgrades, supply chain resilience enhancement and
customer value co-creation, and comprehensively strengthened
its industrial collaboration capabilities, driving sustainable
development of upstream and downstream industrial chains.
About the     Message from      Feature     About Orinko     Sustainable Development     Green and Innovation-      Industrial      Corporate   Low-Carbon    Environmental    Work Safety   Human Resources   Appendix   32
 Report        Chairperson                                         Management            Oriented Development    Co-construction   Governance    Transition   Management      Management      Management
Product Quality and Safety
Adhering to the philosophy that "quality is our lifeline", Orinko has established a full-chain quality
management system covering R&D, procurement, production, after-sales service, traceability and
improvement procedures. Through system certification, full-process control implementation,
optimized abnormality handling and in-depth quality enhancement, the Company ensures stable
product quality and application safety, providing customers with high-quality and high-reliability
material products.
Quality system and management
  Quality system certification
  The Company continuously operates and improves the ISO 9001 quality management
  system and the IATF 16949 automotive quality management system. In 2025, we successfully
  completed the audit in accordance with the IATF Rules 6th Edition, with the quality manage-
  ment capabilities in alignment with the latest international and industry requirements.
  Quality performance management
   The Company has established a hierarchical and categorized quality performance manage-
   ment system with quantitative assessment. We have integrated indicators such as the quality
   target achievement rate and the customer quality complaint rate into the annual performance
   appraisal of the management, raised the weight to 30% and directly linked them with remu-
   neration and incentives. For front-line production employees, the first-pass yield and the
   quality defect rate have been set as core assessment indicators. In addition, we have put in
   place a monthly quality performance analysis meeting system to promptly address manage-
   ment weaknesses through data mining and root cause analysis.
About the   Message from   Feature     About Orinko    Sustainable Development   Green and Innovation-       Industrial        Corporate      Low-Carbon      Environmental     Work Safety      Human Resources   Appendix   33
 Report      Chairperson                                     Management          Oriented Development     Co-construction     Governance       Transition     Management       Management         Management
  Full-process quality control
                             The Voice of Customer (VOC) management system has been                               Quality Function Deployment (QFD) has been adopted
                             further optimized to comprehensively identify customer                               to accurately translate customer demands into product
                             demands and pain points through regular customer visits,                             design indicators, ensuring that R&D outputs align with
                             online surveys and joint technical seminars.                                         market and customer expectations.
                                                 Market segment                                                                     R&D segment
                                After-sales response                                          Warehousing and                                           Production and
                                      segment                                                 logistics segment                                      manufacturing segment
                 The customer quality feedback response process has been          A "First In, First Out" (FIFO) monitoring                Quality control points for key processes have been
                 optimized to shorten the problem handling time from 48           mechanism has been developed to standard-                refined. Besides, new procedures including
                 hours to 24 hours. Meanwhile, a quality issue retrospective      ize product storage and circulation manage-              real-time equipment parameter monitoring and
                 mechanism has been established to achieve closed-loop            ment, preventing quality issues caused by                triple first-article inspection have been added to
                 improvement across after-sales services, front-end R&D           improper storage.                                        reduce the risk of production process variation and
                 and production.                                                                                                           stabilize process quality.
About the     Message from     Feature     About Orinko     Sustainable Development     Green and Innovation-      Industrial      Corporate     Low-Carbon      Environmental        Work Safety    Human Resources        Appendix   34
 Report        Chairperson                                        Management            Oriented Development    Co-construction   Governance      Transition     Management          Management       Management
                                                                                                                     Non-conforming product control and
        Product traceability management                                                                              management
            Full-chain traceability framework                                                                          Identification and isolation
                                                                                                                     Once non-conforming products are identified in production, inspection and warehousing links, they
        Orinko has built a full-lifecycle traceability system covering the entire process from raw
                                                                                                                     are immediately labeled with red non-conforming marks and placed in isolation, and strictly prohibit-
        material inbound to product delivery. The supplier management module establishes supplier
                                                                                                                     ed from being mixed with qualified products. In 2025, no non-conforming products mistakenly
        quality archives to centrally manage information including raw material batches and quality
                                                                                                                     entered the market.
        inspection reports, making raw material sources traceable. The production process manage-
        ment module assigns a unique identifier to each product through "one item, one code"
        technology, recording full-process information from material feeding, processing and inspec-
                                                                                                                       Review and disposal                                                  Recording and analysis
        tion to packaging. The warehousing and logistics management module applies barcode                           We have established a non-conforming product review team
        scanning and RFID technology to track product storage locations, inbound and outbound                                                                                             We have established a non-conforming
                                                                                                                     consisting of quality, production and R&D personnel, and
        information, as well as transportation status in real time. And the after-sales management                                                                                        product ledger to record the causes,
                                                                                                                     formulated disposal measures based on the severity of
        module features a product code inquiry function, so that customers can quickly access product                                                                                     disposal process and results of
                                                                                                                     non-conformities (namely minor, general, and critical). Minor
        production information, quality inspection reports and after-sales maintenance records.                                                                                           non-conforming products. Besides, we
                                                                                                                     non-conforming products such as slight appearance defects
                                                                                                                                                                                          have set up a non-conforming product
                                                                                                                     may be concession accepted by concession upon customer
                                                                                                                                                                                          database for regular statistical analysis,
                                                                                                                     confirmation. General non-conforming products whose
                                                                                                                                                                                          and formulated preventive measures to
            Traceability technology                         Traceability data value                                  performance is close to specifications are reworked and
                                                                                                                                                                                          prevent the recurrence of similar issues,
            application                                     mining                                                   reinspected. Critical non-conforming products that fail to meet
                                                                                                                                                                                          achieving a 100% timely disposal rate for
                                                                                                                     performance specifications are directly scrapped.
       We have adopted a combination of QR                We have established a traceability data analysis                                                                                non-conforming products.
       codes and RFID tags to achieve full cover-         model to deeply mine full-lifecycle traceability
       age of "one item, one code" technology for         data, aiming to quickly identify the root causes
       all products. High-value and high-risk             of quality issues, assess the raw material quality
       products are affixed with additional RFID          stability of suppliers, and optimize the supply                                                                                      Timely disposal rate for non-
       tags to improve the efficiency of automatic        chain structure. Meanwhile, we have provided                                                                                         conforming products
       identification and tracking in warehousing         customers with personalized product usage
       and logistics links. The "one item, one code"      suggestions and after-sales solutions, driving
       system has been fully deployed across all          dual improvement in quality and services
       production workshops.                              through data empowerment.
About the    Message from    Feature     About Orinko   Sustainable Development   Green and Innovation-      Industrial          Corporate   Low-Carbon      Environmental      Work Safety     Human Resources       Appendix   35
 Report       Chairperson                                     Management          Oriented Development    Co-construction       Governance    Transition     Management        Management        Management
Product quality enhancement initiatives
                                                                                                                                                  Quality culture and training
                                                                                                                                                  implementation
  Regularized quality improvement activities
                                                                                                                                               The Company has increased investment in quality information technology,
                                                                                                                                               upgraded the Quality Management System (QMS), and introduced
Orinko has established a cross-departmental quality improvement committee led by the General Manager, and built a comprehensive                Internet of Things (IoT), big data and artificial intelligence technologies,
quality management system involving R&D, production, procurement, sales and after-sales departments. The Company has carried out               realizing real-time collection, analysis and early warning of quality data.
cultural construction activities such as quality month-themed promotions, quality knowledge contests, and quality model selection,             We have deployed smart sensors in production workshops to monitor
achieving full coverage of quality culture among all employees and comprehensively enhancing their overall quality awareness.                  equipment operation parameters and product quality characteristics in
                                                                                                                                               real time, with automatic early warnings triggered when data exceeds
                                                                                                                                               thresholds. We have also developed a mobile quality application, which
                                                                                                                                               enables employees to report quality issues in real time, query quality
                                                                                                                                               standards and access quality training courses, thereby comprehensively
                                                                                                                                               improving quality management efficiency.
                                                                                                                                                  Quality empowerment through
                                                                                                                                                  echnological upgrades
                                                                                                                                               The Company has introduced lean tools such as Six Sigma, 5S Manage-
                                                                                                                                               ment and Total Productive Maintenance (TPM), cultivated in-house lean
                                                                                                                                               quality professionals, and launched lean quality improvement projects.
                                                                                                                                               We have further advanced 5S on-site management to comprehensively
                                                                                                                                               optimize production and office environments and boost production
                                                                                                                                               efficiency. We have also implemented full-lifecycle equipment manage-
                                                                                                                                               ment under the TPM framework, established equipment management
                                                                                                                                               files, and carried out autonomous maintenance and planned mainte-
                                                                                                                                               nance, thereby improving overall equipment effectiveness. In brief, lean
                                                                                                                                               improvement delivers cost reduction, efficiency gains and product quality
                                                                                                                                               upgrades.
About the     Message from      Feature    About Orinko    Sustainable Development       Green and Innovation-       Industrial      Corporate       Low-Carbon      Environmental       Work Safety     Human Resources        Appendix   36
 Report        Chairperson                                       Management              Oriented Development     Co-construction   Governance        Transition     Management         Management        Management
                                                 Full-lifecycle supplier management
Supply Chain                                    Orinko has established a full-lifecycle supplier management system featuring a closed-loop process covering onboarding, assessment, review and exit. Taking compliance
                                                qualification, quality assurance, delivery capability and cost competitiveness as core control dimensions, the Company has fully standardized the entire supplier manage-
Management                                      ment process.
Orinko takes "efficiency, collaboration,                       Supplier                                   Supplier assessment and                                Supplier                                 Supplier elimination
                                                              onboarding                                   performance appraisal                              process review                                    and exit
green development and resilience" as
its supply chain management objec-
tives. Through full-lifecycle supplier           Under a standardized onboarding and                   With a regularized and quantified supplier           In a combined model of routine             Under a strict perfor-
management, quality control and                  review mechanism, we have strictly                    performance appraisal system, we have                and special reviews, we have               mance-driven supplier exit
empowerment improvement, and                     followed onboarding procedures                        defined quality performance, on-time                 conducted on-site reviews,                 mechanism, we have promptly
supply chain security and resilience             including qualification verification,                 delivery rate, cost competitiveness and              document reviews and quality               terminated cooperation with
assurance, the Company has built a               on-site assessment and sample valida-                 collaboration readiness as core assessment           audits according to industry               suppliers that fail to meet
symbiotic supply chain ecosystem with            tion, focusing on suppliers’ production               indicators. Adopting an assessment                   standards and internal control             performance criteria or pass
upstream and downstream partners,                capacity, quality management and                      mechanism of monthly monitoring,                     requirements. Leveraging                   reviews, with ineffective
ensuring stable and efficient supply             control system, compliance qualifications             quarterly rating and annual review, we have          professional review tools, we have         rectification or compliance
chain operation, and supporting its              and social responsibility performance.                determined performance ratings through               improved review accuracy and               and integrity risks. Meanwhile,
global business development.                     For suppliers of special categories, we               systematic data calculation, providing an            fully identified potential risks in        we have updated the name
                                                 have also strengthened special qualifica-             objective basis for cooperation strategy             suppliers' production, quality and         list of qualified suppliers to
                                                 tion reviews to select high-quality and               adjustment and order allocation.                     compliance procedures.                     continuously optimize the
                                                 compliant partners from the source.                                                                                                                   supplier structure.
About the     Message from      Feature      About Orinko   Sustainable Development   Green and Innovation-      Industrial      Corporate   Low-Carbon    Environmental     Work Safety       Human Resources      Appendix   37
 Report        Chairperson                                        Management          Oriented Development    Co-construction   Governance    Transition   Management       Management          Management
Supplier quality control and
empowerment
                                                                                                                                                              Supply chain security and
  Procurement quality control                                                                                                                                 resilience
Orinko improves its procurement quality control system,
strengthens awareness of the quality bottom line, unifies                                                                                                       Diversified supply backup
internal material quality standards, and strictly imple-
ments full inspection and testing upon material warehous-                                                                                                     Orinko has established a backup supplier system
ing. The Company has established a traceable, reviewable                                                                                                      with three or more qualified suppliers for all types of
and closed-loop management mechanism for quality                                                                                                              materials, and prioritized the layout of localized,
non-conformities to steadily raise the incoming material                                                                                                      domestic and platform-based supply resources, fully
quality conformance rate.                                                                                                                                     guaranteeing timely material delivery and mitigating
                                                                                                                                                              the risk of supply disruption.
  Supplier quality empowerment
Based on performance appraisal and review outcomes, the
Company has delivered targeted quality empowerment
                                                                                                                                                                Compliance and risk agreements
and on-site guidance to suppliers. By addressing key
                                                                                                                                                              The Company has signed risk commitment letters,
issues such as material properties, appearance defects
                                                                                                                                                              integrity agreements and quality agreements with all
and impurity control, we have helped suppliers optimize
                                                                                                                                                              cooperative suppliers to clarify the rights, obligations
production processes and quality control procedures, so
                                                                                                                                                              and compliance requirements of both parties,
as to elevate their overall quality control capability.
                                                                                                                                                              embedding risk prevention and control, integrity
                                                                                                                                                              management and quality compliance constraints into
                                                                                                                                                              the entire cooperation lifecycle.
About the     Message from      Feature         About Orinko   Sustainable Development    Green and Innovation-       Industrial           Corporate   Low-Carbon     Environmental        Work Safety      Human Resources   Appendix   38
 Report        Chairperson                                           Management           Oriented Development     Co-construction        Governance    Transition    Management          Management         Management
Customer Services                                                    Customer service system development                                                After-sales response and customer
                                                                                                                                                        complaint management
Adhering to the core value of customer                               In 2025, Orinko further developed and upgraded its customer
priority, the Company focuses on customer                            service system, optimizing the service framework around three
                                                                                                                                                       The Company strictly implements a 24-hour customer service response
proximity, efficient response, closed-loop                           core priorities, namely localized services, standardized service
                                                                                                                                                       mechanism, as well as closed-loop management for full-chain customer
resolution and continuous optimization, and                          procedures and collaborative services. Through localized manage-
                                                                                                                                                       complaint handling procedures covering "acceptance, assignment,
keeps improving its customer service and                             ment layout, the Company empowered service teams to maintain
                                                                                                                                                       handling, follow-up visit, filing, and assessment". For issues raised by
after-sales support system. Through localized                        close customer proximity, strengthened local market presence,
                                                                                                                                                       customers, we uphold the principle of first-contact accountability and
services, standardized customer complaint                            shortened service response time and enhanced service engage-
                                                                                                                                                       time-bound closure, and adopt a service model of proactive after-sales
procedures, digital system upgrades and Voice                        ment efficiency. Meanwhile, we standardized customer complaint
                                                                                                                                                       support and active follow-up visits, ensuring rapid response to customer
of Customer (VOC) management, we have                                handling procedures, clarified standard operating specifications
                                                                                                                                                       requests and efficient resolution of customer requests. All customer
comprehensively elevated service quality and                         for all service links, established a cross-departmental collaborative
                                                                                                                                                       complaints are tracked throughout the entire process with controllable
customer satisfaction, providing customers                           service mechanism, and integrated pre-sales, in-sales and
                                                                                                                                                       key nodes, traceable problem resolutions and assessable service
with full-lifecycle, high-efficiency material                        after-sales service chains, forming a unified, efficient and stan-
                                                                                                                                                       performance. From issue initiation to closed-loop settlement, the full
service support.                                                     dardized customer service management system.
                                                                                                                                                       process is streamlined to ensure proper handling of all customer requests.
                                                                                                                                                                     hour customer service response mechanism
                                                                                                                                                            Acceptance           Assignment                Handling
                                                                                                                                                            Assessment                Filing             Follow-up visit
About the   Message from   Feature   About Orinko   Sustainable Development     Green and Innovation-       Industrial        Corporate       Low-Carbon    Environmental     Work Safety    Human Resources         Appendix   39
 Report      Chairperson                                  Management            Oriented Development     Co-construction     Governance        Transition   Management       Management       Management
                                                                  Digital customer services
                                                                  In 2025, Orinko fully implemented the full-chain ITR (Issue to Resolution) customer complaint handling system, covering process design, internal
                                                                  pilot rollout and launch of the digital MIP system, achieving the transformation of customer complaint management from offline manual workflows
                                                                  to online digital management. Meanwhile, the Company launched a scoring and assessment mechanism upon closure of ITR customer complaint
                                                                  work orders to realize online circulation of work orders, transparent disposal nodes, standardized service procedures and quantifiable assessment
                                                                  results. The digital tools help standardize service practices and elevate process efficiency, making the entire customer service process monitor-
                                                                  able, assessable and optimizable.
                                                            Enhanced customer service                                                                          Voice of Customer (VOC)
                                                            effectiveness                                                                                      and service philosophy
                                                            Through service system upgrades, process optimization and digital implementation,
                                                            the Company has achieved a marked improvement in customer service effective-                       With transformation and connectivity as the focus,
                                                            ness. In 2025, the closed-loop rate of customer complaint procedures reached 95%,                  Orinko turns Voice of Customer (VOC) into its
                                                            the filing compliance rate of customer complaint work orders stood at 85%, and the                 corporate service assets. By collecting, organizing
                                                            overall customer service satisfaction score hit 4.4 out of 5.0. In an actual service               and analyzing customer feedback and service
                                                            case, we addressed production line quality issues of a key customer through the ITR                requests, the Company drives product optimization,
                                                            closed-loop system, achieving one-hour rapid response, root cause identification                   process refinement and service upgrades in a
                                                            within 24 hours, as well as rectification and product delivery within 48 hours,                    closed-loop manner. We have continuously accumu-
                                                            ultimately receiving a full score from the customer, which fully validates the practical           lated typical customer service cases and solutions,
                                                            capability and service value of the customer service system.                                       and translated customer requests into the core basis
                                                                                                                                                               for product iteration, quality enhancement and
                                                                                                                                                               service optimization, fostering a virtuous cycle of
                                                            Closed-loop rate of           Filing compliance rate            Overall customer service           "customer feedback, internal improvement, and
                                                            customer complaint            of customer complaint             satisfaction score                 service upgrades", better aligning with customer
                                                            procedures                    work orders
                                                                                                                                                               expectations, improving service adaptability, and
                                                                                                                                                               into daily operations.
About the      Message from       Feature       About Orinko      Sustainable Development   Green and Innovation-      Industrial      Corporate   Low-Carbon    Environmental    Work Safety   Human Resources   Appendix   40
 Report         Chairperson                                             Management          Oriented Development    Co-construction   Governance    Transition   Management      Management      Management
   Governance
Governance System of
the Listed Company
Internal Audit
Business Ethics
Information Security
Digital Construction
Orinko upholds the governance philosophy of honesty and transpar-
ency, compliance and efficiency, as well as clear division of power and
responsibilities. Guided by the revised Company Law, the Guidelines
for the Articles of Association of Listed Companies and the regulatory
rules of STAR Market, the Company continuously optimizes its
corporate governance structure as a listed company, strengthens the
oversight effectiveness of internal audit, and reinforces the line of
defense for business ethics and anti-fraud management. We have
established a modern governance system featuring scientific
decision-making, robust implementation and effective supervision,
effectively protecting the legitimate rights and interests of the
Company, its shareholders and stakeholders, and laying a solid
governance foundation for sustainable development.
About the    Message from     Feature     About Orinko      Sustainable Development   Green and Innovation-      Industrial       Corporate     Low-Carbon         Environmental         Work Safety         Human Resources    Appendix   41
 Report       Chairperson                                         Management          Oriented Development    Co-construction    Governance      Transition        Management           Management            Management
Governance System of the                                                                                             Standardized operation
Listed Company                                                                                                       In strict compliance with laws and regulations, the Articles of Association and the rules of procedure,
                                                                                                                     Orinko standardizes the summoning, notice issuance, deliberation, voting and document filing
In 2025, in alignment with evolving regulatory policies and its own strategic development requirements,              procedures of the shareholders' meeting, as well as the meetings of the Board of Directors and
Orinko systematically advanced the optimization of its governance structure, standardized the                        specialized committees, ensuring compliant meeting proceedings as well as efficient decision-making.
operation of governance bodies, enhanced the quality and efficiency of specialized committees, and
refined investor communication and information disclosure mechanisms, further elevating governance                                             In 2025, the Company convened two shareholders'                   Shareholders'
standardization, professionalism and transparency as a listed company.                                                                         meetings according to applicable regulations, including           meetings convened
                                                                                                                                               one annual meeting of shareholders and one                        according to
                                                                                                                                               extraordinary meeting of shareholders, fully safeguard-           regulations
Optimization of governance structure                                                                                                           ing all shareholders' equal rights to information, voting
                                                                                                                        Shareholders'          and proposal, and respecting the legitimate rights and
  Restructuring in compliance                                       ESG integration into                                  meeting              interests of minority shareholders.
  with new regulatory rules                                         corporate governance
                                                                                                                                              Throughout the year, the Board of Directors held 11                Meeting of the Board
In strict compliance with the revised Company Law and             To advance the implementation of its                                        meetings according to applicable regulations, at which             of Directors convened
the governance reform requirements for listed compa-              sustainable development strategy, the                                       all directors performed their duties in a faithful, diligent       according to
                                                                                                                                              and prudent manner, and conducted comprehensive
                                                                                                                                                                                                                 regulations
nies, the Company restructured its core governance                Company officially renamed the
                                                                                                                                              deliberation on core proposals concerning the
framework. Specifically, we abolished the Board of                former "Strategy and Development                       Meeting of
                                                                                                                                              Company's operation and management, major
Supervisors, smoothly transferring all its supervisory            Committee" as the "Strategic Develop-                   the Board
                                                                                                                         of Directors         investments and governance optimization, effectively
duties to the Audit Committee under the Board of                  ment and ESG Committee", revised the                                        steering the Company's development direction.
Directors. We also amended the Articles of Association,           committee's working rules, explicitly
clarifying the specific procedures and boundaries of              incorporated sustainable development
powers and responsibilities for the Audit Committee to                                                                                        In the same year, special committees held 13 meetings
                                                                  strategy and ESG information disclo-                                                                                                           Meeting of special
                                                                                                                                              according to applicable regulations, at which all                  committees convened
exercise statutory supervisory authority. In addition, we         sure into the decision-making agenda
                                                                                                                                              committees fulfilled their respective responsibilities             according to
officially renamed the original "general meeting of               of the Board of Directors, achieving                                                                                                           regulations
                                                                                                                                              and duties with professional rigor, and gave full play to
shareholders" as the "shareholders' meeting", and duly            in-depth coordination of ESG manage-                  Meetings of           professional governance effectiveness, focusing on
revised the rules of procedure of the shareholders'               ment, corporate planning and                            special             core matters such as strategic decision-making, risk
meeting, ensuring the governance structure is fully
                                                                                                                        committees            control and compliance supervision.
                                                                  operational decision-making.
aligned with the latest regulatory requirements.
About the    Message from     Feature     About Orinko    Sustainable Development   Green and Innovation-       Industrial        Corporate      Low-Carbon         Environmental        Work Safety    Human Resources       Appendix   42
 Report       Chairperson                                       Management          Oriented Development     Co-construction     Governance       Transition        Management          Management       Management
Special committees under the                                                                 Investor relations management
Board of Directors
                                                                                            Adhering to the principles of compliance, equality and initiative, Orinko has established multi-channel, full-coverage and
The Board of Directors has four special committees, namely the Audit Commit-
                                                                                            high-efficiency investor communication mechanisms to safeguard investors' right to know, right to participate and right to
tee, the Strategic Development and ESG Committee, the Nomination Commit-
                                                                                            supervise.
tee, and the Remuneration and Assessment Committee. Each committee
performs its duties independently and provides professional support, forming a
                                                                                                              Communication channels                                                           Regular mechanisms
specialized decision-supporting system covering strategy, supervision, talent
development, incentive management and sustainable development.                               We have established an online-offline integrated communication                         In 2025, we held three performance presenta-
                                                                                             system to fully respond to investor demands through channels                           tions to address 39 investor concerns, and
                                                                                             including SSE E-Interactive, investor hotline, dedicated email,                        responded to 110 investor enquiries through the
 The Audit Committee
                                                                                             official WeChat account for investor relations, field survey and                       SSE E-Interactive platform, achieving rapid
   In 2025, the Audit Committee held eight meetings in strict compliance                     performance presentation. In 2025, the official WeChat account for                     response and effective feedback on investor
   with quarterly duty performance requirements to conduct prior review                      investor relations released 72 posts, regularly delivering the                         demands, and building a bridge of trust
   of key matters such as financial statements and appointment of external                   Company's operational updates and ESG achievements.                                    between the Company and investors.
   auditors, and coordinate financial supervision, internal control review
   and compliance management, strengthening the Company's risk control
   and financial governance effectiveness.
                                                                                                Compliance information disclosure
 The Strategic Development and ESG Committee
                                                                                                                                                                                               Disclosure announcements
                                                                                                In strict accordance with the Administrative Measures for Information
                                                                                                                                                                                               issued
   Throughout the year, the Strategic Development and ESG Committee                             Disclosure of Listed Companies and the regulatory requirements of
   held two meetings for special deliberation on matters including the                          SSE, Orinko upholds the disclosure principles of authenticity, accuracy,
   implementation of the Company's ESG strategy, sustainable develop-
                                                                                                completeness, timeliness and fairness, and has established a sound
   ment goals and major cross-border investments, guiding the Company's
                                                                                                information disclosure management system.
   green and low-carbon transition and high-quality development.
                                                                                                In 2025, the Company issued a total of 86 disclosure announcements,                            Including               Non-regular
 The Nomination Committee, and the                                                                                                                                                              Regular reports        reports
                                                                                                including four regular reports and 82 non-regular reports, to disclose
 Remuneration and Assessment Committee
                                                                                                major information relating to operation, corporate governance,
   In the same year, the two committees held one meeting and two                                investment and compliance in a comprehensive and standardized
   meetings respectively to standardize the nomination of senior execu-
                                                                                                manner, without any selective disclosure or delayed disclosure,
   tives, qualification review, deliberation of remuneration proposals and
   performance appraisal, improving talent selection, appointment,                              effectively protecting all investors' equal right to information.
   incentive and restraint mechanisms.
About the       Message from   Feature    About Orinko    Sustainable Development   Green and Innovation-      Industrial       Corporate      Low-Carbon      Environmental     Work Safety     Human Resources      Appendix   43
 Report          Chairperson                                    Management          Oriented Development    Co-construction    Governance       Transition     Management       Management        Management
Internal Audit
In 2025, under the professional guidance of the Board of Directors and the Audit Committee, Orinko
refined its audit system, focused on the audit of core businesses, and strengthened closed-loop
management for rectification. The Company gave full play to the supervisory, assessment and
value-adding roles of internal audit in corporate governance, supporting its compliant operation and
risk control.
Development of internal audit systems
In light of the regulatory requirements for STAR Market-listed companies, the provisions of the
revised Company Law and the Company's actual business development, the Company has led the
revision and improvement of three systems, consolidating the institutional foundation for internal
audit work.
   The Audit Committee Management Measures have been revised to clarify the responsibility
   boundaries and rules of procedure of the Audit Committee, as well as the guidance and
   supervision mechanisms for internal audit, strengthening the overall planning and guiding role                    Internal audit work
   of top-level governance over audit work.
                                                                                                                     Focusing on the Company's operational priorities and key risk control links, we have conducted
                                                                                                                     full-coverage internal audits spanning core areas such as internal control compliance, operational
   The Internal Audit Management System has been revised to systematically standardize the                           accountability, cost control and anti-fraud management.
   functional positioning, authority, workflows and rectification follow-up mechanism for internal
   audit, ensuring audit work is independent, compliant and professional.
                                                                                                                          Special audit on operational accountability
                                                                                                                       Centering on operational accountability targets, we have conducted systematic reviews of the
   The Anti-Fraud Management System has been improved to optimize fraud risk identification,
                                                                                                                       authenticity of operational indicator attainment, resource utilization efficiency, authorization
   report acceptance, investigation and disposal, and accountability mechanisms, providing
                                                                                                                       execution compliance and internal control effectiveness, providing an objective basis for the
   institutional safeguards for the Company’s anti-fraud efforts.
                                                                                                                       management to evaluate operational performance and optimize the assessment mechanism.
About the     Message from     Feature     About Orinko       Sustainable Development   Green and Innovation-      Industrial      Corporate     Low-Carbon      Environmental       Work Safety      Human Resources        Appendix   44
 Report        Chairperson                                          Management          Oriented Development    Co-construction   Governance      Transition     Management         Management         Management
   Full-process audit of internal
   control cycles
Focusing on its core business processes, Orinko has conducted
audits across four major cycles. Specifically, the sales and
collection cycle audit mainly verifies income confirmation,                                                                                                      Audit rectification and
receivable management and credit risk prevention and control.                                                                                                  closed-loop management
The procurement and payment cycle audit focuses on procure-
ment compliance, payment procedures and cost accounting.
The production and warehousing cycle audit reviews production                                                                                     Rigid rectification constraints
control, inventory safety and material circulation. And the                                                                                    Weekly follow-up and monthly review mechanisms have been established
expense cycle audit oversees budget implementation, expense                                                                                    for audit rectification, clarifying that the rectification period for audit
compliance and invoice authenticity. These internal audits                                                                                     findings shall not exceed three months. Departments with inadequate or
identify internal control deficiencies and optimize business                                                                                   overdue rectification shall be held accountable in accordance with
procedures.                                                                                                                                    regulations, ensuring that all audit findings are properly implemented
                                                                                                                                               through closed-loop management.
   Operating cost reduction and effic-
   iency enhancement audit                                                                                                                        Standardized file management
Guided by value creation, the Company has carried out special                                                                                  A full-lifecycle audit file management mechanism has been established
audits on weak links in cost control such as procurement,                                                                                      to categorize and archive audit notices, working papers, audit reports
production and expense management to tap cost-saving                                                                                           and rectification materials, ensuring audit materials are traceable and
potential and put forward optimization suggestions, thereby                                                                                    verifiable.
improving resource allocation efficiency and operating benefits.
                                                                                                                                                  Dual incentive and constraint mechanisms
                                                                                                                                               Under the audit assessment and incentive mechanism, teams that fully
   Collaborative anti-fraud audit
                                                                                                                                               cooperate with audits and complete rectification with high quality are
The Company regards fraud risk identification as a key focus of                                                                                granted positive incentives; by contrast, departments and individuals that
routine audits, focusing on fraudulent acts such as asset                                                                                      fail to cooperate, provide false materials or fail to complete rectification on
misappropriation, interest conflicts, irregular transactions and                                                                               time shall be held accountable in accordance with regulations, so as to
abuse of power, realizing the organic integration of audit                                                                                     enhance the implementation of audit work.
supervision and anti-fraud prevention and control.
About the     Message from      Feature      About Orinko     Sustainable Development    Green and Innovation-       Industrial       Corporate     Low-Carbon      Environmental        Work Safety      Human Resources    Appendix   45
 Report        Chairperson                                          Management           Oriented Development     Co-construction    Governance      Transition     Management          Management         Management
                                                                         Integrity culture cultivation and promotion
Business Ethics
Adhering to the core value of honesty, pragmatism,
integrity and self-discipline, as well as the principles of                  Leadership and                                   Hierarchical and                                                  New employee
simultaneous punishment and prevention, prevention                           demonstration by                                 categorized training and                                          compliance
priority, informant protection and investigation recusal,                    senior executives                                promotion                                                         orientation
Orinko has established a business ethics and anti-fraud
                                                                             The Company's directors and senior               The Company has conducted special training on                     The Company has incorporated
management system featuring "sound systems, cultural
                                                                             executives have set a good example by            anti-fraud regulations to interpret their core connota-           learning of anti-fraud regulations
guidance, internal control and risk prevention, full-employ-
                                                                             strictly complying with integrity practice       tions, code of conduct, prohibited acts and disposal              into compulsory onboarding
ee coverage and strict accountability". The Company
                                                                             regulations and adhering to the                  procedures. All departments are required to carry out             courses for new employees, and
comprehensively guards against risks such as commercial
                                                                             professional ethics of honesty and               internal promotion at the secondary organizational                arranged special examinations to
bribery, interest diversion, fraud and irregularities, fostering
                                                                             impartiality, thereby guiding all employ-        level to clarify advocated behaviors, prohibited                  strengthen their compliance
a clean and upright business environment.
                                                                             ees to foster awareness of integrity and         conducts and consequences of violations, achieving                bottom-line awareness at the
                                                                             compliance.                                      full-employee coverage of integrity culture.                      source.
Anti-fraud system development
In 2025, the Company revised and promulgated the new
version of the Anti-Fraud Management System, building a
company-wide and full-process anti-fraud framework. The
Audit Team of the Audit and Legal Service Center is
designated as the permanent executive body for anti-fraud
management, independently conducting relevant work
under the leadership of the Board of Directors and the
Audit Committee. And all department heads are clearly
defined as the primary persons responsible for anti-fraud
management within their respective departments, forming
a top-down and fully coordinated anti-fraud accountability
system.
About the     Message from     Feature       About Orinko    Sustainable Development     Green and Innovation-      Industrial        Corporate     Low-Carbon     Environmental      Work Safety     Human Resources      Appendix   46
 Report        Chairperson                                         Management            Oriented Development    Co-construction     Governance      Transition    Management        Management        Management
Signing of integrity agreement                                                 Internal control and risk prevention measures
                                                                               Centering on "internal checks and upfront risk control", the Company has established multiple internal control and risk prevention measures for
Orinko has developed a two-way integrity constraint
                                                                               anti-fraud management.
mechanism covering employees and suppliers to
achieve full-chain coverage of integrity responsibilities.
                                                                                  Separation of incompatible duties                                               Authorized review and approval control
                                                                                                                                                                  The Decentralization Manual has been revised regularly to
                                                                                   All economic transactions have been handled by two
                                                                                                                                                                  review and approve all business activities in strict accor-
                                                                                   persons or two departments, forming a control mechanism
                         The Human Resources Department                                                                                                           dance with hierarchical authority, preventing approval
                                                                                   with mutual supervision and restraint.
                         arranges all new employees to sign the                                                                                                   exceeding authority and non-compliant approval.
                         Integrity and Self-discipline Agreement,                                                                                   01 02
                         which integrates integrity and self-disci-
                         pline requirements into the entire process               Declaration of interest conflicts                                               Information and intellectual property protection
                         of employee onboarding and daily duty                     A mandatory interest conflict declaration mechanism has been
                         performance, and strengthens the integrity                                                                                               Trade secret and confidential information management
                                                                                   established to conduct quarterly interest conflict reviews for key
                         and self-discipline awareness among all                                                                                                  has been standardized to guard against information
 For employees                                                                     positions, requiring employees to promptly declare potential
                         employees, consolidating the first line of                                                                                               leakage and unfair competition acts.
                                                                                   interest conflicts with their related parties and the Company.
                         defense for internal integrity risk preven-
                         tion and control.
                         The Supplier Management Department                            Reporting channels and informant protection                                       Any reports will be submitted to the Audit Commit-
                         organizes all external suppliers to sign the                  The Company has set up dedicated and confidential fraud reporting                 tee within two working days upon acceptance. Both
                         Integrity Cooperation Agreement, which                        channels and strictly implemented the informant protection mechanism.             real-name and anonymous reports will be verified in
                         achieves full coverage of integrity con-                                                                                                        accordance with regulations. The Company strictly
                         straints for external partners, clarifies the                                                                                                   prohibits any organizations or individuals from
                                                                                                Telephone:                               Email:
                         integrity cooperation criteria for both                                18355099271                                                              retaliating against informants and investigators.
                                                                                                                                         audit@orinko.com.cn
                         suppliers and purchasers, and prohibits                                                                                                         Violators will be given disciplinary sanctions such as
  For suppliers          improper acts such as commercial bribery                                                                                                        warning or dismissal depending on the circum-
                                                                                                Mailbox: Audit and Legal Service Centre in the Office Building
                         and interest diversion, preventing supply                              at the northwest corner of the intersection of Changning Avenue          stances; those violating laws shall be transferred to
                         chain fraud risks at the source.                                       and Ningxi Road, Baiyan Industrial Park, Hefei High-tech Zone            judicial authorities.
About the     Message from      Feature     About Orinko     Sustainable Development     Green and Innovation-      Industrial      Corporate   Low-Carbon    Environmental    Work Safety   Human Resources   Appendix   47
 Report        Chairperson                                         Management            Oriented Development    Co-construction   Governance    Transition   Management      Management      Management
Information Security
Orinko attaches great importance to information security and data privacy protection, and incorporates
information security governance into the core scope of standardized operation. The Company has set up a
dedicated information security engineer position, built a full-scenario security protection system covering five
dimensions, namely network, host computers, applications, data and operation, and developed a series of
policies including the Information Security Management Measures and the Data Center Management
Measures to fully safeguard the Company's information systems, business data and customer privacy security,
consolidating the security line of defense for digital operations.
Network security protection
Focusing on boundary defense and behavior control, Orinko has established a
robust network security barrier.
    High-performance firewalls have been deployed at the Company's network boundary to monitor and
    filter network traffic in real time, and accurately intercept malicious attacks, illegal intrusions and
    unauthorized access, protecting internal network and system security.
    An Internet behavior management system has been implemented to standardize employees' network
    usage behaviors, and mitigate virus intrusion and information leakage risks caused by irregular internet
    access and malicious downloads.
    Sangfor VPN has been adopted for security control over remote access. Encrypted dedicated access
    channels have been established to strictly restrict access permissions, ensuring network security for
    remote work and cross-regional collaboration and preventing information leakage.
About the    Message from     Feature     About Orinko    Sustainable Development   Green and Innovation-      Industrial      Corporate   Low-Carbon       Environmental      Work Safety      Human Resources     Appendix   48
 Report       Chairperson                                       Management          Oriented Development    Co-construction   Governance    Transition      Management        Management         Management
Host computer control
Focusing on terminal and server security, Orinko implements full-life-                                                                                   Application security control
cycle security management for all host computers.                                                                                                        Centering on vulnerability control and permission
                                                                                                                                                         management, the Company ensures the compliance
                                                                                                                                                         and security of business applications.
    Antivirus software has been uniformly installed on all employ-
    ees' terminals and core servers, with an automatic updating
    mechanism for virus databases, to perform real-time detection                                                                                        Under a closed-loop mechanism of "scanning, verifica-
    and removal of viruses, Trojans and malware and defend against                                                                                       tion, rectification and review", regular vulnerability
    attacks from various malicious programs.                                                                                                             scanning has been performed on application systems to
                                                                                                                                                         remediate system vulnerabilities in a timely manner and
                                                                                                                                                         mitigate potential security risks.
    Under centralized domain controller management, high-com-
    plexity passwords and a 5-minute automatic screen lock policy                                                                                        In strict compliance with the immediate access permis-
    have been mandated to strengthen account security control                                                                                            sion revocation mechanism for departed employees,
    and prevent unauthorized logins and privilege escalation.                                                                                            access permissions to all business systems have been
                                                                                                                                                         synchronously deactivated in line with the resignation
                                                                                                                                                         procedures to prevent risks of unauthorized access and
    A desktop protection system with desktop watermarks has been
                                                                                                                                                         data exfiltration by former employees.
    deployed to effectively prevent screenshots and unauthorized
    replication and dissemination of classified information, thereby
    safeguarding core business information security.                                                                                                     A unified identity authentication platform has been
                                                                                                                                                         launched to implement refined access permission control
                                                                                                                                                         over core business systems such as ERP, MES and QMS,
    The decommissioned IT asset disposal process has been                                                                                                and allocate access permissions in accordance with the
    standardized to irreversibly erase data from end-of-life comput-                                                                                     principle of least privilege, so that employees can only
    ers, servers and other equipment prior to unified handling,                                                                                          access work-required resources.
    completely eliminating the risk of data leakage arising from
    discarded devices.
About the     Message from      Feature     About Orinko   Sustainable Development   Green and Innovation-        Industrial       Corporate    Low-Carbon       Environmental        Work Safety      Human Resources       Appendix   49
 Report        Chairperson                                       Management          Oriented Development      Co-construction    Governance     Transition      Management          Management         Management
      Data security                                                   Security operations management
      assurance                                                       The Company has developed a regular security operation mechanism to realize dynamic management and control of security risks.
      Orinko has established a full-process data                     We have monitored industry vulnerabili-           We have monitored security log alerts on a                We have standardized handling procedures for
      security management system to safeguard its                    ty intelligence in real time, conducted           24/7 basis, and developed a closed-loop                   security incidents such as virus infections and
      core data assets.                                              internal system inspection and timely             process covering alert response, incident                 malicious attacks, activated emergency
                                                                     remediation to promptly patch known               disposal, review and optimization, ensuring               responses upon occurrence, and carried out root
                                                                     security vulnerabilities and defend               early detection and rapid response to                     cause analysis, problem rectification and
      The Company formulates a classified data
                                                                     against emerging cyber security threats.          security incidents.                                       preventive enhancements to avoid the recur-
      backup strategy. Daily full backup is adopted for
                                                                                                                                                                                 rence of similar incidents.
      key system databases, while daily incremental
      backup and weekly full backup are applied for
      business application data, ensuring data integrity
      and recoverability.
      Professional data backup software is deployed to
      store backup data on independent and secure
      backup servers, realizing physical isolation
      between production data and backup data and
      enhancing data disaster recovery capabilities.
      We have standardized the full-process manage-
      ment of data storage, transmission and usage,
      strengthened encrypted protection for confiden-
      tial data, and strictly controlled permissions for
      data export and replication, preventing data
      tampering, loss and leakage.
About the    Message from     Feature    About Orinko    Sustainable Development      Green and Innovation-      Industrial       Corporate     Low-Carbon     Environmental      Work Safety    Human Resources     Appendix   50
 Report       Chairperson                                      Management             Oriented Development    Co-construction    Governance      Transition    Management        Management       Management
Digital Construction
Adhering to the digital and intelligent development strategy, Orinko embeds digital construction in
production operations, quality management, supply chain management and decision support. The
Company has built a digital control system covering the entire business process, and developed
intelligent, visual and efficient smart factories to empower management efficiency, quality upgrades
and sustainable development through digital transformation.
Integrated construction of manufacturing platform
We have established a unified manufacturing management platform to deliver digital control over
the entire production process.
  Under unified MES and TMS standards, the four             The platform realizes real-time
  bases have integrated data from production,               collection, analysis and early
  warehousing and logistics systems, and linked             warning of production data, and
  data covering work orders, materials, production          optimizes production scheduling
  reporting and traceability, achieving transparent         and resource allocation, enhancing
  management of the entire manufacturing and                production efficiency and product
  logistics process.                                        delivery stability significantly.
                                                                                                                    Digital construction for warehousing management
                                                                                                                    Orinko has developed an intelligent inventory management platform to achieve refined and efficient
                                                                                                                    warehousing operations.
                                                                                                                        A digital inventory management system is launched to cover full links such as purchase arrival,
                                                                                                                        inventory transfer, outbound shipment and storage location statement, realizing real-time
                                                                                                                        accurate inquiry and dynamic update of inventory data.
                                                                                                                        A pull production mode is adopted to improve warehouse space utilization and material turnover
                                                                                                                        efficiency through scenarios such as direct material delivery to workshops, AGV line-side
                                                                                                                        distribution and dynamic inventory counting.
About the    Message from     Feature     About Orinko     Sustainable Development   Green and Innovation-      Industrial       Corporate     Low-Carbon     Environmental      Work Safety   Human Resources   Appendix   51
 Report       Chairperson                                        Management          Oriented Development    Co-construction    Governance      Transition    Management        Management      Management
     Upgrades of visual logistics management                                         Smart factory operation
     Orinko has established a full-process visual logistics management
                                                                                     The Company has built full-dimensional visual factory operation capabilities at its benchmark
     platform to realize precision control over the logistics process.
                                                                                     factory in Hefei.
     The Company has launched a shipment and in-transit monitoring
     system for overall visual management over the logistics process                 We have established a factory-level big data center with 23 visual dashboards across eight                Visual dashboards deployed
     through functions such as arrival scheduling, in-transit monitoring,            modules including production, quality, warehousing, equipment, safety and environmental
     automated charging and order visualization, improving logistics                 protection to support real-time display of key indicators and early warning of abnormalities,
     delivery controllability and customer service response speed.                   advancing the transformation from "experience-based" to "data-based" management.
     Meanwhile, we have deployed the customer self-service ordering
     platform to optimize customer service experience and lower
     manual intervention.
About the     Message from     Feature      About Orinko     Sustainable Development    Green and Innovation-      Industrial       Corporate     Low-Carbon      Environmental     Work Safety    Human Resources      Appendix   52
 Report        Chairperson                                         Management           Oriented Development    Co-construction    Governance      Transition     Management       Management       Management
Cutting-edge technological
exploration                                                                            Achievements in digital construction
                                                                                       Following its comprehensive digital transformation, the Company has made remarkable achievements in efficiency improvement,
Orinko vigorously advances the deployment of cutting-edge
                                                                                       cost control and model innovation and received numerous national and provincial honors and awards.
technologies such as artificial intelligence and intelligent interac-
tion, ushering in a new model of digital office and intelligent
manufacturing.
                                                                                         Efficiency improvement                                          Cost control
The Company has rolled out scenario-based applications of
AI-powered intelligent assistants, covering nine major scenarios                       Digital tools break down business silos and eliminate          Data-driven precision management delivers efficient allocation
including intelligent inventory inquiry, IT knowledge base, yellow                     redundant processes, boosting efficiency across                of resources including energy, materials and manpower, bringing
card assistant, Orinko GPT and translation assistant, comprehen-                       production, warehousing, logistics and office opera-           down operating costs effectively.
sively improving employees' work efficiency across all functions.                      tions significantly.
Marketing terminals enable real-time inventory inquiry and
intelligent product recommendation. Planning personnel can
retrieve inventory data in one click through AI-powered Q&A. On
the manufacturing front, AI is preliminarily applied to process
analysis and production line fault detection, while digital employ-
ees are deployed to reduce manual intervention.
We have built an AIGC-driven bulk commodity market analysis
system that facilitates automated raw material price data collec-
tion, self-service analysis and market trend forecasting, thereby                        Honors and awards
enhancing the scale efficiency of centralized procurement.
                                                                                       We have been accredited as "Advanced Intelligent Factory in Anhui" and "Basic Intelligent Factory in Chongqing", and selected
                                                                                       into "Pilot Urban Construction Policy Programs for Digital Transformation of SMEs in Hefei". Our achievements in digital construc-
                                                                                       tion have earned high recognition from industry and regulatory authorities.
About the      Message from       Feature      About Orinko      Sustainable Development   Green and Innovation-      Industrial      Corporate   Low-Carbon    Environmental    Work Safety   Human Resources   Appendix   53
 Report         Chairperson                                            Management          Oriented Development    Co-construction   Governance    Transition   Management      Management      Management
   Transition
Carbon Neutrality Strategic Actions
Response to Climate Change
Circular Development
Guided by China's national "dual carbon" strategy, Orinko deeply integrates
ESG principles with low-carbon transition practices, embedding carbon
neutrality goals throughout the entire value chain, including R&D
innovation, manufacturing, supply chain collaboration, product application,
and recycling and regeneration. The Company focuses its efforts on four
key areas: technological innovation, green smart manufacturing, full-chain
carbon management, and global compliance, continuously advancing its
low-carbon transition initiatives. At the same time, leveraging circular
economy as a key driver, Orinko has built a fully integrated recycled
materials value chain from recycling to regeneration and high-value
application, and established a full life-cycle low-carbon industrial
ecosystem spanning material R&D, production operations, and end-of-life
recycling. Through its own low-carbon practices, the Company enables
coordinated carbon reduction across its upstream and downstream value
chain, contributing to global sustainable development and the realization
of China's "dual carbon" goals.
About the    Message from     Feature      About Orinko     Sustainable Development     Green and Innovation-       Industrial         Corporate     Low-Carbon      Environmental    Work Safety     Human Resources     Appendix   54
 Report       Chairperson                                         Management            Oriented Development     Co-construction      Governance      Transition     Management      Management        Management
                                                          Carbon Neutrality Strategic Directions
Carbon
Neutrality                                                                    Green Innovation
                                                                               and Upgrading
                                                                                                                                              Green Production
                                                                                                                                               and Operations
                                                                                                                                                                                                  Full Value Chain
                                                                                                                                                                                                Carbon Management
Strategic
Actions
                                                            With R&D innovation as the core engine of its low-car-
                                                                                                                                   Anchored in green factory development,            Orinko has established a dual-dimension
                                                            bon transition, the Company focuses on continuous
                                                                                                                                   the Company fully implements the ISO              closed-loop carbon management system
                                                            breakthroughs in low-carbon technologies such as
                                                            bio-based materials, post-consumer recycled (PCR)
                                                                                                                                   cleaner production standards. Through a           monitoring and product carbon footprint
                                                            plastics, lightweight engineering plastics, and halo-
In 2025, guided by China's "dual carbon"                                                                                           combination of distributed photovoltaic           accounting. In strict accordance with
                                                            gen-free flame-retardant materials. Green design
strategy and its own low-carbon                                                                                                    deployment, renewable electricity                 international standards such as ISO 14064
                                                            principles are deeply integrated into the entire process
transition needs, Orinko systematically                                                                                            procurement, intelligent energy efficiency        and ISO 14067, the Company conducts
                                                            of product R&D, formulation design, and process
advanced carbon neutrality governance                                                                                              management, process innovation, and               comprehensive greenhouse gas invento-
                                                            optimization. Targeting downstream low-carbon
and carbon emissions management,                                                                                                   energy-saving equipment retrofits, it             ries across its production bases and full
                                                            application scenarios such as new energy vehicles,
and established a robust carbon                                                                                                    continuously reduces energy consump-              life-cycle carbon accounting for products,
                                                            photovoltaic energy storage, high-end home appliances,
information disclosure mechanism,                                                                                                  tion and greenhouse gas emissions in              and has developed a standardized
                                                            and telecommunications and electronics, Orinko
comprehensively enhancing the                                                                                                      production activities. Orinko has built an        carbon database and end-to-end
                                                            develops customized green material solutions featuring
professionalism of its carbon neutrality                                                                                           intelligent, low-carbon, and intensive            traceability platform. Carbon manage-
                                                            low energy consumption, low emissions, and high
practices.                                                                                                                         green manufacturing system, driving the           ment is fully integrated into R&D,
                                                            reliability. These efforts reduce product carbon footprint
                                                                                                                                   transformation of production processes            procurement, production, logistics, and
                                                            across the entire lifecycle, starting from raw material
                                                                                                                                   from high energy consumption and high             recycling processes, ensuring carbon
                                                            sourcing, address the industry's low-carbon transition
                                                                                                                                   emissions to low energy consumption, low          emissions are measurable, quantifiable,
                                                            challenges through technological innovation, promote
                                                                                                                                   emissions, and high efficiency, thereby           traceable, and reducible, and leveraging
                                                            the substitution of traditional high-carbon materials with
                                                                                                                                   achieving coordinated development                 accurate carbon data to support
                                                            green alternatives, and support downstream customers
                                                                                                                                   between production operations and                 low-carbon decision-making and
                                                            in achieving both lightweighting and carbon reduction
                                                                                                                                   ecological protection.                            performance management.
                                                            objectives.
About the   Message from    Feature     About Orinko     Sustainable Development   Green and Innovation-      Industrial      Corporate     Low-Carbon         Environmental     Work Safety    Human Resources      Appendix     55
 Report      Chairperson                                       Management          Oriented Development    Co-construction   Governance      Transition        Management       Management       Management
Carbon Neutrality Actions
                                                                                                             Green factory development                                Energy management
                      Green design is embedded throughout the entire
                      lifecycle of material R&D, supported by Life Cycle                                   Orinko continues to advance green factory                 All production bases have fully implemented the ISO 50001
                      Assessment (LCA) tools for full-process eco-design and                               development. In 2025, the Anqing factory was              energy management system and deployed an energy
                      environmental impact assessment. In 2025, Orinko                                     recognized as a provincial-level green factory in         management platform (EMP) to enable real-time
                      provided carbon accounting services for more than 200                                Anhui Province, and the Chongqing factory was             monitoring of energy consumption at production line,
                      products. It successfully developed a range of green                                 recognized as a municipal-level green factory in          workshop, and team levels, along with data collection,
                      materials, including bio-based nylon, paint-free PC            Green Smart           Chongqing. By the end of 2025, the Company                peak-valley electricity scheduling, and anomaly alerts.
                      alloys, recyclable thermoset epoxy resins, and
                                                                                     Manufacturing         had established a green manufacturing system              Energy efficiency bottlenecks are accurately identified
                      high-wear-resistant PEEK. Through technological                                      consisting of one national-level, two provin-
  Green Design                                                                                                                                                       and continuously optimized. The Company continues to
                      pathways such as plastic substitution for steel,                                     cial-level, and one municipal-level green                 expand rooftop distributed photovoltaic capacity,
                      paint-free solutions, and recycling and regeneration, the                            factories, fully covering key production bases in         promote electrified production equipment and ener-
                      Company has significantly reduced carbon emissions.                                  Hefei, Anqing, Guangdong, and Chongqing.                  gy-efficient processes, and increase the share of renew-
                      Green design is driving the low-carbon transition across
                                                                                                                                                                     able energy use. The operating availability of environmen-
                      the entire industry chain and providing downstream
                                                                                                                                                                     tal protection equipment and facilities remains at 100%.
                      industries with sustainable material solutions that
                      combine performance and environmental value.
                                                                                                                                                                      Digital decarbonization
                                                                                                                                                                     Digital transformation is deeply integrated into carbon
                                                                                                                                                                     reduction initiatives. In manufacturing, the Anqing
                                                                                                                                                                     factory has enhanced the integration of EAM and IoT
                                                                                                                                                                     technologies to enable intelligent interconnection of
                                                                                                                                                                     production equipment, improve Overall Equipment
                                                                                                                                                                     Effectiveness (OEE) analysis, and strengthen preventive
                                                                                                                                                                     maintenance systems, effectively reducing carbon
                                                                                                                                                                     emissions through digital lean operations. At the data
                                                                                                                                                                     level, an integrated intelligent data governance platform
                                                                                                                                                                     has been established to support real-time carbon data
                                                                                                                                                                     monitoring and science-based decision-making.
 About the   Message from    Feature    About Orinko    Sustainable Development   Green and Innovation-      Industrial         Corporate     Low-Carbon    Environmental     Work Safety    Human Resources      Appendix     56
  Report      Chairperson                                     Management          Oriented Development    Co-construction      Governance      Transition   Management       Management       Management
                     In 2025, Orinko implemented a Transportation Management System (TMS) to optimize logistics operations                                      In 2025, the Company established a wholly owned subsidi-
                     comprehensively. Measures such as localized procurement, regional distribution, route optimization, and                                    ary, Orinko Environmental Protection, to coordinate
                     the use of new energy vehicles have significantly reduced fossil fuel consumption and carbon emissions in                                  recycled resource procurement and low-carbon raw
                     logistics activities. At the same time, the Company upgraded its Warehouse Management System (WMS)                                         material sourcing, forming strategic partnerships with
                     and deployed AGV intelligent handling robots and automatic palletizing equipment, enabling automated                                       leading enterprises in the home appliance and automotive
                     and unmanned warehouse operations. These measures enhance warehouse space utilization and cargo                                            dismantling industries to secure a stable supply of upstream
Green Logistics      turnover efficiency while reducing land and energy waste, thereby building an efficient and low-carbon                    Green            low-carbon recycled materials. The green supplier manage-
                     green logistics system.                                                                                                Procurement         ment system has been further improved, integrating
                                                                                                                                                                environmental compliance and sustainable supply capabili-
                                                                                                                                                                ties into supplier onboarding and performance evaluation
                                                                                                                                                                criteria. This promotes coordinated low-carbon transition
                                                                                                                                                                across the supply chain and builds a secure, stable, and
                                                                                                                                                                green supply chain ecosystem.
                                                                                                                                                                In accordance with ISO 14064 standards, Orinko compre-
                                                                                                                                                                hensively advances greenhouse gas inventory work across
                                                                                                                                                                all production bases, establishing a regular mechanism for
                                                                                                                                                                carbon emissions monitoring, statistics, analysis, and
                                                                                                                                                                reduction. Key emission sources under Scope 1 and Scope
                                                                                                                                                                reduction pathways are developed based on the opera-
                                                                                                                                              Carbon            tional characteristics of each production base. Carbon
                                                                                                                                            Management          management has been extended from the product level
                                                                                                                                              System            to R&D, production, operations, and corporate manage-
                                                                                                                                                                ment. The Company has improved carbon data account-
                                                                                                                                                                ing, storage, and disclosure processes, and regularly
                                                                                                                                                                reports carbon performance and emission reduction
                                                                                                                                                                progress to stakeholders. This standardized carbon
                                                                                                                                                                management system provides a solid foundation for the
                                                                                                                                                                implementation of the carbon neutrality strategy.
About the    Message from     Feature    About Orinko     Sustainable Development    Green and Innovation-       Industrial      Corporate   Low-Carbon      Environmental     Work Safety    Human Resources    Appendix   57
 Report       Chairperson                                       Management           Oriented Development     Co-construction   Governance    Transition     Management       Management       Management
                                                                                                                                      Decision-making level
                                                                                    Governance
                                                                                                                                                                     The Board of Directors and the Strategic Develop-
       Response to Climate                                                          Orinko incorporates climate
                                                                                    change response into its three-tier
                                                                                                                                                                     ment and ESG Committee are responsible for
                                                                                                                                                                     reviewing major climate-related matters, including
       Change                                                                       ESG governance structure,
                                                                                    ensuring that climate-related
                                                                                                                                                                     strategic directions for climate response, overall
                                                                                                                                                                     carbon neutrality framework, and climate risk
                                                                                                                                                                     management principles.
                                                                                    initiatives are aligned with the
       Global climate governance continues to advance, while                        Company's overall sustainable
       increasingly frequent extreme weather events, tightening                     development strategy.
       international low-carbon policies, and accelerating green
       industrial transformation have become key external factors
       shaping the development of the new materials industry.
       Orinko closely aligns with the Task Force on Climate-related
       Financial Disclosures (TCFD) framework, integrating climate
       change response into its full ESG management process. The
       Company has established a systematic response framework
       across four dimensions—governance, strategy, risk manage-                    Management level                                                                                   Execution level
       ment, and indicators and targets—embedding climate risk
       management and low-carbon development opportunities
       into corporate operations, R&D innovation, and industrial                      Led by the ESG Leading Group, the Company coordi-                    Relevant personnel are designated by each department and
                                                                                      nates and advances climate-related initiatives,                      production base to oversee daily tasks such as energy
       chain collaboration, to enhance climate resilience through
                                                                                      including greenhouse gas inventories, energy conser-                 management, operation and maintenance of environmental
       prudent actions and support the achievement of global                                                                                               protection facilities, emergency response to extreme
                                                                                      vation and carbon reduction, green factory develop-
       climate governance goals through low-carbon transition.                        ment, and low-carbon supply chain collaboration,                     weather events, and low-carbon awareness initiatives.
                                                                                      ensuring effective implementation of all measures.
                                                                                      Through internal training, low-carbon awareness campaigns, and environmental activities, Orinko integrates climate response
                                                                                      principles into employees' daily work. Leveraging its existing ESG communication and engagement mechanisms, the Company
                                                                                      continuously enhances employee awareness of climate risks and low-carbon responsibilities, promoting effective implementation
                                                                                      of climate governance requirements throughout the organization.
About the       Message from     Feature     About Orinko    Sustainable Development        Green and Innovation-       Industrial       Corporate   Low-Carbon    Environmental    Work Safety   Human Resources   Appendix   58
 Report          Chairperson                                       Management               Oriented Development     Co-construction    Governance    Transition   Management      Management      Management
            Strategy
            Guided by China's national "dual carbon" strategy and aligned with the characteristics of the new materials industry and global
            industrial development trends, Orinko deeply integrates climate response and low-carbon transition into its overall corporate
            development strategy. Focusing on four key areas—green technology innovation, full value chain emission reduction, climate
            resilience enhancement, and alignment with international standards—the Company takes concrete actions to promote the
            coordinated advancement of climate response and business development.
                        Green technology innovation                                     Full value chain low-carbon collaboration
              The Company focuses on technological breakthroughs in                    Low-carbon requirements are integrated throughout the
              areas such as PCR materials, bio-based materials,                        entire value chain, including R&D, procurement, produc-
              lightweight engineering plastics, and low-carbon                         tion, logistics, and recycling. Through initiatives such as
              modified materials. Green eco-design is integrated                       green manufacturing, green procurement, green
              throughout the product development process to reduce                     logistics, and circular economy practices, the Company
              the carbon footprint across the product life cycle starting              reduces carbon emission intensity across its operations
              from raw material sourcing.                                              and value chain.
                     Climate resilience enhancement                                              Alignment with international
                                                                                                     low-carbon standards
              To address climate-related physical risks such as extreme                The Company proactively tracks international climate
              weather events, the Company optimizes the layout of                      standards and policy frameworks, including ISSB, TCFD,
              production bases, strengthens infrastructure protection,                 and CBAM. It continuously improves carbon manage-
              and establishes emergency response mechanisms,                           ment, green certification, and carbon footprint
              enhancing its capacity to adapt to and withstand                         accounting systems to strengthen global low-carbon
              climate-related risks.                                                   compliance capabilities and market competitiveness.
About the      Message from     Feature       About Orinko     Sustainable Development    Green and Innovation-          Industrial         Corporate       Low-Carbon       Environmental            Work Safety                Human Resources        Appendix   59
 Report         Chairperson                                          Management           Oriented Development        Co-construction      Governance        Transition      Management              Management                   Management
Risk Management                       Based on the TCFD framework, Orinko has established a full life-cycle climate risk management system covering risk identification, assessment, response, and monitoring. The
                                      Company comprehensively identifies and manages climate-related physical and transition risks while actively capturing development opportunities arising from the climate transition.
Climate-related risks (selected examples)
     Risk type                                 Risk description                                                           Countermeasures                                                 Impact degree                                    Time horizon
                         Global warming leads to extreme weather events such as           Strengthen disaster resilience upgrades of factories, power supply systems,
                                                                                                                                                                                 May cause short-term localized
                         heatwaves, heavy rainfall, typhoons, and floods, which may       and warehousing facilities, and equip backup power systems and flood
                                                                                                                                                                                 production capacit y fluctua-                           S h o r t-t e r m (1–3
                         result in equipment damage at production bases, produc-          prevention and drainage facilities. Establish multi-site capacity allocation and
   Physical risks                                                                                                                                                                t i o n s; l o n g-te r m r e s i l i e n c e           years); Long-term
                         tion capacity fluctuations, raw material supply disruptions,     emergency inventory mechanisms, and sign flexible supply agreements with
                                                                                                                                                                                 requires continuous enhance-                            (5+ years)
                         logistics delays, and infrastructure damage, thereby affect-     key suppliers. Integrate extreme weather response into the environmental
                                                                                                                                                                                 ment.
                         ing operational stability.                                       emergency system and regularly conduct joint drills.
                         Accelerated roll-out of global carbon peaking and carbon
                                                                                                                                                                                 Compliance costs may increase
                         neutrality policies, the EU CBAM, expansion of domestic         Continuously track global low-carbon policy developments; improve carbon
                                                                                                                                                                                 in the medium term, while                               Medium-term (3–5
 Transition risks –      carbon markets, and increasingly stringent industry stan-       footprint accounting and green certification systems to proactively align with
                                                                                                                                                                                 long-term market entry barriers                         years); Long-term
Policy compliance        dards on energy consumption and environmental protec-           domestic and international low-carbon standards; optimize product structure
                                                                                                                                                                                 can be mitigated through tech-                          (5+ years)
                         tion increase carbon compliance costs, investment in envi-      and increase the share of low-carbon and recycled materials.
                                                                                                                                                                                 nological upgrades.
                         ronmental upgrades, and market entry barriers.
                         Rapid technological advancements in low-carbon materials
                                                                                         Increase investment in low-carbon R&D, strengthen core technology R&D in                Traditional product sales may be
  Transition risk –      such as bio-based materials and high-value recycled mate-                                                                                                                                                       Medium-term (3–5
                                                                                         PCR materials and lightweight materials; leverage circular economy value chain          affected in the medium term;
    Technology           rials increase substitution pressure on traditional high-car-                                                                                                                                                   years); Long-term
                                                                                         integration to build technological barriers; enhance industry–university–re-            long-term differentiated com-
                         bon materials. Delayed R&D progress may weaken market                                                                                                                                                           (5+ years)
    substitution                                                                         search collaboration to accelerate low-carbon technology commercialization.             petitiveness can be achieved.
                         competitiveness.
                         Climate change increases price volatility in traditional raw                                                                                            Short-term cost volatility may
                                                                                         Establish real-time raw material price monitoring mechanisms and optimize                                                                       S h o r t-t e r m (1–3
  Transition risk –      materials such as crude oil, while supply systems for                                                                                                   af fe c t p rof ita bilit y; m e di-
                                                                                         procurement strategies; expand in-house recycled material supply capacity;                                                                      year s); Me di-
   Raw material          low-carbon materials, such as recycled materials and                                                                                                    u m-te r m i m p rove m e nt s
                                                                                                                                                                                                                                         u m-te r m (3–5
                                                                                         strengthen partnerships with upstream dismantling enterprises; promote local-
      volatility         bio-based resins, remain underdeveloped, creating risks in                                                                                              expected through supply chain
                                                                                         ized and diversified sourcing.                                                                                                                  years)
                         procurement cost and supply stability.                                                                                                                  optimization.
About the    Message from       Feature     About Orinko      Sustainable Development       Green and Innovation-          Industrial          Corporate        Low-Carbon    Environmental         Work Safety   Human Resources      Appendix   60
 Report       Chairperson                                           Management              Oriented Development        Co-construction       Governance         Transition   Management           Management      Management
Climate-related opportunities (selected examples)
 Opportunity type                         Opportunity description                                                         Countermeasures                                                Impact degree                      Time horizon
                     National and local governments continue to introduce supportive
   Policy-driven                                                                                   Leverage green factory certifications, low-carbon products, and            In the medium term, these measures          Medium-term (3–5
                     policies such as green finance, subsidies, and tax incentives to
   opportunities                                                                                   circular economy credentials to proactively apply for policy support       help reduce operating costs and access      years); Long-term
                     promote the development of low-carbon new materials and circular
                                                                                                   programs and secure policy support and green credit.                       financial support.                          (5+ years)
                     economy industries.
                     Rapid growth in global new energy vehicles, photovoltaics, and                Increase R&D investment and market expansion in new energy-relat-          Drive revenue growth in the medium          Medium-term (3–5
  Market growth
                                                                                                   ed low-carbon materials, strengthen partnerships with leading              term and create a second growth curve       years); Long-term
  opportunities      energy storage industries is driving sustained demand for low-car-
                     bon modified materials and recycled materials.                                customers, and capture market share in low-carbon materials.               in the long term.                           (5+ years)
                     Policy-driven expansion of recycled material applications acceler-
     Industrial                                                                                    Expand PCR material production capacity and certification cover-           Steady growth in circular economy reve-     Medium-term (3–5
                     ates the release of market demand for PCR materials, while the
    upgrading                                                                                      age, advance end-to-end closed-loop applications, and enhance              nue in the medium term, with long-term      years); Long-term
   opportunities     advantages of full value chain integration are transformed into core
                                                                                                   high-value utilization capabilities of recycled materials.                 industry-leading advantages.                (5+ years)
                     competitiveness.
                                                                                                                                                                              Gradual increase in overseas revenue
   International     As overseas low-carbon market access standards become increas-                Align with international frameworks such as the EU CBAM, improve                                                       Medium-term (3–5
                                                                                                                                                                              contribution in the medium term, with
     expansion       ingly stringent, robust green certification and carbon management             carbon footprint and certification systems, and leverage overseas                                                      years); Long-term
                                                                                                                                                                              strengthened global competitiveness in
   opportunities     capabilities will help overcome international green trade barriers.           bases to expand into Europe, the United States, and Southeast Asia.                                                    (5+ years)
                                                                                                                                                                              the long term.
Indicators                  Orinko has set a long-term target of achieving carbon neutrality across its own operations and value chain before 2050, with the ambition of becoming a global benchmark for low-carbon
                            transition in the new materials industry. It steadily advances climate-related initiatives through the following actions. The Company continuously conducts greenhouse gas inventory and
and Targets                 accounting across all production bases, strengthening its carbon data management foundation. It expands the application of renewable energy, such as rooftop photovoltaic systems, and
                            promotes green factory development and energy-saving and carbon-reduction retrofits. It deepens its circular economy strategy, enhancing R&D and application capabilities in low-carbon
                            and recycled materials. In addition, it improves product carbon footprint accounting and green certification systems to meet international low-carbon compliance requirements.
About the    Message from      Feature     About Orinko    Sustainable Development      Green and Innovation-      Industrial         Corporate            Low-Carbon           Environmental       Work Safety   Human Resources        Appendix   61
 Report       Chairperson                                        Management             Oriented Development    Co-construction      Governance             Transition          Management         Management      Management
                                                                                                                                            High-Value Applications of Recycled Materials
       Circular Development                                                                                                                 Orinko focuses on two core circular economy models: Appliance-To-Appliance
       Orinko deeply integrates the principles of the circular economy into its                                                             and Car-To-Car, continuously advancing technological breakthroughs in the
       business operations. In 2025, the Company comprehensively upgraded the                                                               high-value application of recycled materials and building end-to-end
       layout of its recycled materials circular industry chain through specialized                                                         closed-loop product systems. In 2025, the Company successfully achieved a
       platform operations, full-industry-chain integration, end-to-end closed-loop                                                         full-process end-to-end technological breakthrough for air conditioner outlet
       management, digital traceability control, international certification support,                                                       grilles, covering waste appliance recycling, dismantling, recycled pellet produc-
       and leadership in industry standards. Orinko has established a PCR materials                                                         tion, and end-product application. The solution has been put into large-scale
       circular economy system that is domestically leading and internationally                                                             mass production and delivery, becoming a benchmark case in the home
       aligned, promoting the efficient recycling and high-value utilization of waste                                                       appliance recycling sector. Meanwhile, the Company is accelerating R&D in
       plastics. This enables a closed-loop circulation model of "resources →                                                               Car-To-Car recycling technologies and advancing the development of a full
       products → waste → recycled resources," supporting carbon reduction and                                                              closed-loop system covering "end-of-life automotive parts dismantling →
       the sustainable utilization of resources through circular economy practices.                                                         high-precision sorting → recycled pellet production → modification R&D →
                                                                                                                                            application in automotive components such as bumpers, wheel arches, and
                                                                                                                                            engine covers." The technology is expected to achieve commercial application
                                                                                                                                            and mass production in 2026.
       Recycled Resources Deployment
                                                                                                                                                                                         Recycled pellet
       In 2025, Orinko officially established its wholly owned subsidiary, Orinko Environ-                                                                                                 production
                                                                                                                                                               High-precision                                     Modification
       mental Protection, as a specialized platform responsible for integrating the                                                                               sorting                                            R&D
       recycled materials circular industry chain and operating the PCR materials
       business. The Company has developed two core recycled resource industrial                                                  End-of-life automotive
                                                                                                                                                                                                                                 Application in
       clusters in East China and South China, fully connecting the entire closed-loop                                              parts dismantling
                                                                                                                                                                                                                                  automotive
       value chain of "consumer product recycling → dismantling → crushing → washing                                                                                                                                             components
       → sorting → pelletizing → modification." The system covers a full range of waste
       plastic recycling scenarios for home appliances, automobiles, green fiberglass, and
       other products, enabling regional coordination and full-process management of
       recycled resources.
About the      Message from     Feature      About Orinko    Sustainable Development    Green and Innovation-         Industrial        Corporate      Low-Carbon       Environmental      Work Safety    Human Resources      Appendix   62
 Report         Chairperson                                        Management           Oriented Development       Co-construction     Governance       Transition      Management        Management       Management
Digital Traceability                                                  International Authoritative Certifications                                                                        Carbon Reduction Benefits
Orinko has established a full-process digital manage-
ment system for recycled materials, enabling real-time                In response to increasingly stringent global policies on recycled materials and higher market                     Through the large-scale R&D and application
monitoring and data recording across the entire process               access requirements, Orinko has established a comprehensive and internationally aligned                           of PCR materials, the Company has achieved
of PCR materials—from upstream collection sources,                    certification system for recycled materials, effectively overcoming green trade barriers. As of the               significant carbon reduction results. Taking
incoming inspection, sorting and dismantling,                         end of 2025, the Company had obtained 182 international authoritative certifications for recycled                 key components of washing machines as an
closed-loop crushing, multi-stage washing, high-preci-                materials, including GRS, UL 2809, ISO 14021, and OBP. These certifications cover a full range of                 example, PP materials with 50% PCR content
sion sorting, automatic pelletizing, to modification and              recycled materials such as PE, PP, ABS, HIPS, PA, PC, and alloys, with recycled content ranging                   reduce carbon emissions by 46.74%–48.96%
production. Standardized operating procedures ensure                  from 15% to 100%, meeting the low-carbon procurement requirements of diverse global custom-                       compared with virgin materials, while GFPP
consistent performance and quality compliance of                      ers and markets. In addition, Orinko actively fulfills its industry responsibilities, participating in            materials with 40% PCR content reduce
recycled materials. At CHINAPLAS 2025, the Company                    the formulation of two national standards for recycled plastics (GB/T 46018.2-2025 and GB/T                       carbon emissions by 30.89% compared with
delivered a keynote presentation titled Traceability: the             46043-2025), and taking a leading role in standardizing quality control, traceability system                      virgin materials. The high-value application of
Journey of Plastic Rebirth, Made Visible to Customers,                development, and production process standards for recycled plastics. These efforts drive China's                  recycled materials provides key support for
showcasing its full life-cycle traceability system for                recycled plastics industry toward standardized, regulated, and high-quality development.                          carbon reduction across the value chain.
recycled materials to global customers. Through digital
technologies, Orinko enables customers to clearly track
the full lifecycle of materials, ensuring that sources are
traceable, flows are traceable, and quality is verifiable.
This transparent management approach further
strengthens product quality assurance and regulatory
compliance.                                                                                   International authoritative certifications
                                                                                              for recycled materials
About the       Message from        Feature      About Orinko        Sustainable Development   Green and Innovation-      Industrial      Corporate   Low-Carbon    Environmental    Work Safety   Human Resources   Appendix   63
 Report          Chairperson                                               Management          Oriented Development    Co-construction   Governance    Transition   Management      Management      Management
   Management
Environmental Management
Energy Management
Water Resource Management
Pollution and Emissions Management
Ecological Protection and Biodiversity
Orinko consistently places ecological and environmental protection at the core of its
sustainable development strategy, integrating environmental management
throughout the business value chain, including R&D and design, manufacturing,
supply chain collaboration, and waste disposal. The Company adopts an integrated
management model featuring centralized coordination at headquarters, standard-
ized execution across production bases, and broad employee participation. It
continuously improves its environmental management system, advances energy
conservation and carbon reduction initiatives, deepens water conservation and
recycling practices, strictly controls pollutant emissions to ensure compliance, and
fulfills its responsibilities for ecological protection. Through systematic, refined, and
ongoing environmental governance actions, Orinko safeguards ecological security
while promoting the coordinated development of high-quality business growth and
ecological and environmental protection, contributing industrial strength to the
creation of a greener future where humanity and nature coexist harmoniously.
About the    Message from     Feature    About Orinko     Sustainable Development      Green and Innovation-      Industrial       Corporate     Low-Carbon     Environmental     Work Safety    Human Resources     Appendix   64
 Report       Chairperson                                       Management             Oriented Development    Co-construction    Governance      Transition    Management       Management       Management
Environmental Management                                                                               Case    Standardized Development of Environmental Management System at the Membrane Materials Company
Orinko strictly complies with national and local environmental laws and regulations,
                                                                                                  The membrane materials company, as a newly established production base of Orinko, built a comprehensive environmen-
including the Environmental Protection Law of the People's Republic of China and
                                                                                                  tal management system from scratch in 2025 and successfully obtained ISO 14001 environmental management system
the Regulations on Environmental Management of Construction Project. With the
                                                                                                  certification in June. The Company strictly implemented the "Three Simultaneities" policy for environmental protection in
ISO 14001 environmental management system as a core management framework,
                                                                                                  construction projects, ensuring that environmental protection facilities were designed, constructed, and commissioned
the Company has established an environmental management system featuring
                                                                                                  simultaneously with the main project. Throughout the year, it completed phased environmental impact assessment
standardized operations, full-process control, ongoing emergency preparedness,
                                                                                                  acceptance inspections and reapplication for the pollutant discharge permit as scheduled, and submitted the annual
and comprehensive compliance management, achieving unified standards,
                                                                                                  compliance report for the discharge permit on time. These efforts ensured full-process environmental compliance of the
deployment, assessment, and improvement across all environmental management
                                                                                                  new production base from construction to operation.
activities throughout the Company.
Environmental Management
System Development
Orinko has established a three-tier environmental management network consist-
ing of centralized coordination at headquarters, on-site implementation at
production bases, and clearly assigned individual responsibilities. Headquarters
formulates core policies and procedures, including the Environmental Management
Manual and the Environmental Emergency Response Plan, while each production
base completes policy revisions and filings with local ecological and environmental
authorities as required. The Company has also clarified environmental manage-
ment organizational structures, job responsibilities, and assessment mechanisms
at all levels, forming a closed-loop management model covering target decompo-
sition, process control, performance evaluation, and continuous improvement. In
environmental management system across all production bases, further strength-
ening the foundation of environmental compliance at the institutional level.
About the    Message from     Feature     About Orinko    Sustainable Development     Green and Innovation-      Industrial       Corporate     Low-Carbon     Environmental     Work Safety    Human Resources     Appendix   65
 Report       Chairperson                                       Management            Oriented Development    Co-construction    Governance      Transition    Management       Management       Management
Environmental Risk Management
and Monitoring
The Company adopts a life-cycle approach to environmental management and
organizes cross-functional teams on an annual basis to systematically identify
environmental factors related to production, auxiliary operations, emergency
response, and stakeholders. A multi-factor rating method is applied to assess key
environmental factors, including fugitive VOC emissions, hazardous waste storage,
chemical leakage, and the operation of energy-intensive equipment, and targeted
control measures are then developed, enabling source prevention, strict process
control, and end-of-pipe treatment of environmental risks.
Each production base strictly implements compliance monitoring requirements.
Headquarters organizes a semi-annual compliance assessment of environmental
laws and regulations, covering national and local environmental standards as well as
all requirements under pollutant discharge permits. Each base also engages                                                                                              Environmental risk             Environmental
qualified third-party agencies to conduct quarterly monitoring of wastewater, air                                                                                       incident rate                  pollution incidents
emissions, and boundary noise, while deploying online monitoring systems to
enable real-time data transmission to regulatory platforms. In 2025, all production
bases of the Company recorded a 100% compliance rate for pollutant emissions
based on online monitoring data, with no environmental administrative penalties or
non-compliance incidents throughout the year.
                                                                                            Environmental Emergency Management
                      Compliance rate of all pollutant emissions                            Orinko has established an environmental emergency management system featuring centralized command at headquarters and
                                                                                            tiered response at production bases. Each base maintains a standing emergency response organization and is equipped with all
                                                                                            necessary emergency equipment, including leak-proof containment berms, emergency supplies, and anti-corrosion facilities.
                                                                                            Regular environmental risk inspections and emergency drills are conducted to strengthen response capabilities. In 2025, all
                                                                                            production bases recorded a 0% environmental risk incident rate and zero environmental pollution incidents, demonstrating
                                                                                            continuous enhancement of environmental risk prevention and emergency response capabilities.
About the    Message from      Feature    About Orinko     Sustainable Development   Green and Innovation-         Industrial       Corporate   Low-Carbon    Environmental     Work Safety     Human Resources      Appendix   66
 Report       Chairperson                                        Management          Oriented Development       Co-construction    Governance    Transition   Management       Management        Management
Energy Management                                                                            Energy-Saving Technological Upgrades
                                                                                             The Company comprehensively promotes energy-saving technological upgrades, focusing on key energy-intensive equip-
Orinko adheres to an energy management policy featuring conservation                         ment such as fans, water pumps, air compressors, and drying systems. Through measures including variable frequency
and efficiency improvement, cleaner production, and low-carbon transi-                       control, system upgrades, centralized production, and standby power management, the Company has significantly reduced
tion. Based on the ISO 50001 energy management system, the Company                           energy consumption, achieving triple benefits in cost reduction, carbon reduction, and efficiency improvement.
implements five key initiatives: centralized energy efficiency planning at
headquarters, on-site technological upgrades at production bases,
substitution of clean energy, deployment of energy storage systems, and                                Case      Coordinated Energy-Saving Upgrades across Multiple Production Bases
digital energy efficiency management. Through these measures, Orinko
continuously improves energy utilization efficiency and reduces energy
                                                                                                    Hefei Factory completed energy-saving upgrades of            Anqing Factory constructed a 15 MW energy storage
consumption per unit of product, supporting China's dual-carbon goals
                                                                                                    air compressors and replaced two 45 kW vari-                 project, improving energy dispatch efficiency and
through a green energy transition.
                                                                                                    able-frequency fans, achieving annual electricity cost       enhancing the stability of energy utilization.
                                                                                                    savings of RMB272,100.
Energy Management System                                                                                                                                         Guangdong Factory implemented multiple ener-
                                                                                                              Annual electricity cost savings                    gy-saving technological upgrades, including vari-
The Company's headquarters has established an Energy Management
                                                                                                                                                                 able-frequency upgrades of dust removal fans, LED
System, and formed a full-process control mechanism covering energy
                                                                                                                                                                 smart lighting transformation, frequency reduction of
statistics, real-time monitoring, data analysis, and performance-based                                       RMB                                                 fume extraction fans, and water pump efficiency
incentives and penalties. Orinko strictly controls the approval process for
                                                                                                                                                                 improvements, continuously reducing energy
energy-intensive equipment procurement and mandates the replacement
                                                                                                                                                                 consumption and equipment operating costs.
of outdated, low-efficiency equipment with high-efficiency energy-saving
alternatives. Each production base further refines its energy management                            Chongqing Factory upgraded its offline drying system
plans according to production characteristics, integrating energy-saving                            to an online drying system. Combined with standby            The membrane materials company procured new
targets into workshop and team performance assessments, thereby                                     power-off management and optimized centralized               Tier 1 energy-efficient equipment and completed
achieving refined and standardized energy management.                                               production, electricity consumption per ton of product       upgrades of the chilled water station system and
                                                                                                    decreased from 421 kWh to 406 kWh.                           heating methods for white oil tanks in the tank farm.
About the    Message from    Feature    About Orinko    Sustainable Development   Green and Innovation-      Industrial       Corporate    Low-Carbon     Environmental      Work Safety    Human Resources     Appendix   67
 Report       Chairperson                                     Management          Oriented Development    Co-construction    Governance     Transition    Management        Management       Management
Clean Energy Utilization                                                                                      Case      "PV + Energy Storage" Green Energy Model at Anqing Factory
Orinko actively promotes the substitution of renewable and clean energy. Leveraging rooftop               The Anqing factory has developed a rooftop photovoltaic system with a total installed capacity of 5.985
spaces at each production base, it deploys distributed photovoltaic systems and integrates                MW. In 2025, the system generated a cumulative 6.17 GWh of electricity. Combined with the procurement
energy storage systems to enable peak shaving and valley filling. The Company also pro-                   of renewable energy certificates, the share of clean energy use increased to 17.8%. The factory has also
motes the use of clean fuels such as natural gas, reducing fossil energy consumption and                  deployed energy storage systems to absorb off-peak electricity during nighttime and ensure stable
carbon emissions at the source.                                                                           daytime production operations, establishing a green energy consumption model characterized by
                                                                                                          "self-generation for self-consumption with energy storage for peak shaving."
                Hefei Factory                                Chongqing Factory
             Guangdong Factory                                 Anqing Factory
About the    Message from      Feature     About Orinko     Sustainable Development   Green and Innovation-        Industrial       Corporate     Low-Carbon    Environmental    Work Safety       Human Resources    Appendix   68
 Report       Chairperson                                         Management          Oriented Development      Co-construction    Governance      Transition   Management      Management          Management
Water Resource                                                                            Water-Saving Technological                                                   Water Use Compliance
Management                                                                                Upgrades and Recycling                                                       Management
Orinko adheres to the principles of water conservation first, circular utilization,       The Company continues to promote the recycling and reuse of                  In 2025, the Company achieved precise control over
refined management, and full employee participation. The Company has                      production water through technological upgrades. It has widely               total water consumption across all production bases,
established a water conservation management mechanism led by the General                  deployed closed cooling towers and water-saving production                   while steadily improving the recycling rate of treated
Manager, centrally coordinated at headquarters, and implemented by                        equipment, and optimized production water use processes to                   production wastewater. As a newly established base,
departments with full employee participation. Through a four-pronged                      achieve cascade utilization, recycling and reuse, and reduced                the membrane materials company recorded a total
approach of policy constraints, technological upgrades, water recycling and               water consumption, thereby minimizing freshwater withdrawal to               tap water consumption of 14,400 tons in 2025 while
reuse, and awareness-raising initiatives, the Company has developed an                    the greatest extent.                                                         planning the development of its water resource
intensive, efficient, and sustainable industrial water resource utilization system.                                                                                    management system. The Company strictly complies
                                                                                                                                                                       with applicable laws and regulations governing water
                                                                                                    Case      Water Recycling System Upgrade at Hefei Factory
                                                                                                                                                                       intake and usage, with no incidents of illegal water
Water Conservation                                                                                                                                                     withdrawal, water waste, or non-compliant wastewa-
                                                                                                The Hefei factory carried out technological upgrades of
Management Mechanism                                                                            closed cooling towers and optimized the water overflow
                                                                                                                                                                       ter discharge throughout the year.
The Company's headquarters has formulated the Water Conservation                                control process. Combined with precise water metering
Management Measures and the Water-Saving Management System, defining                            and full-process water conservation performance
                                                                                                assessment, the factory comprehensively reduced                                                Non-compliant wastewater
post-based water conservation responsibilities and quota-based incentives
                                                                                                                                                                                               discharge incidents
and penalties. Water-saving targets are cascaded down to production bases,                      production water loss, improved water recycling efficien-
workshops, and work teams. Each production base implements precise water                        cy, and implemented industrial water-saving and
metering, daily water consumption monitoring, and abnormal data analysis to                     emission-reduction requirements.
promptly identify and rectify water leakage and wastage issues, ensuring
comprehensive control over water resource consumption.
About the    Message from     Feature      About Orinko      Sustainable Development     Green and Innovation-      Industrial         Corporate       Low-Carbon        Environmental     Work Safety       Human Resources        Appendix   69
 Report       Chairperson                                          Management            Oriented Development    Co-construction      Governance        Transition       Management       Management          Management
                                                                                       Orinko implements refined management covering all categories of emissions, including air emissions, wastewater, solid waste,
       Pollution and
                                                                                       and noise, with full-process control and full compliance with emission standards. The Company adopts industry-leading
                                                                                       treatment technologies, standardizes disposal procedures, and ensures compliant treatment through qualified third-party
       Emissions Management                                                            service providers. Orinko continuously advances the reduction, harmless treatment, and resource utilization of pollutants, strictly
                                                                                       adhering to ecological and environmental compliance limits for emissions.
Air Emissions Control                                     Wastewater Treatment                                      Solid Waste Management
The Company implements differentiated                                                                               The Company has established a full lifecycle management model for solid waste, focusing on
                                                          Each production base adopts proven                        the resource utilization of general solid waste and the standardized treatment of hazardous
control measures for organic air emissions,
                                                          treatment processes, including oil–water                  waste. It strictly implements waste classification and storage, ledger recordkeeping, and
particulate matter emissions, and combus-
                                                          separation tanks, coagulation–flocculation                transfer manifest systems, ensuring full traceability and compliant control throughout the entire
tion-related emissions. It adopts advanced
                                                          and dissolved air flotation (DAF), and under-             solid waste management process.
treatment technologies such as regenerative
                                                          ground septic tanks, to treat both production
thermal oxidation (RTO) at ≥760°C, zeolite
                                                          and domestic wastewater. Key indicators
rotor + activated carbon adsorption, and                                                                              General industrial solid waste: The Company promotes               Hazardous waste: All hazardous waste is
                                                          such as COD, ammonia nitrogen, total
pulse-jet baghouse dust removal. These                                                                                segregated recycling, reuse, and resource recovery of              entrusted to qualified service providers for
                                                          phosphorus, and total nitrogen are strictly                 general industrial solid waste. Practices include the circular     disposal. The implementation rate of the waste
measures ensure full collection, full treatment,
                                                          controlled. Treated wastewater is either                    reuse of IBC totes, plastic and wooden pallets, as well as the     transfer manifest system reached 100%, and the
and full compliance of air emissions. In 2025,
                                                          discharged in compliance with applicable                    sorting and appropriate treatment of packaging bags. The           Company continues to promote source
air emissions concentration across the
                                                          standards or reused in production processes.                comprehensive utilization rate reached 100%.                       reduction of hazardous waste generation.
Company remained significantly below
                                                          The Company achieved a 100% wastewater
national regulatory limits. Fugitive emissions
                                                          discharge compliance rate.
were effectively controlled, and the air
emissions compliance rate reached 100%.
                                                                                                                    Noise Control
                                                                        Wastewater discharge                        The Company installs sound insulation enclosures and vibration damping pads for high-noise
               Air emissions compliance rate                            compliance rate                             equipment, optimizes factory site fencing and layout, and conducts regular boundary noise
                                                                                                                    monitoring to ensure that both daytime and nighttime noise levels comply with applicable
                                                                                                                    standards. In 2025, the Company recorded zero noise-related public complaints, and the
                                                                                                                    acoustic environment quality of its facilities remained stable.
About the     Message from      Feature      About Orinko     Sustainable Development      Green and Innovation-      Industrial      Corporate   Low-Carbon    Environmental    Work Safety   Human Resources   Appendix   70
 Report        Chairperson                                          Management             Oriented Development    Co-construction   Governance    Transition   Management      Management      Management
      Ecological Protection and
      Biodiversity
       Orinko strictly complies with applicable laws and regulations on ecological protection.
       The site selection, construction, and operation of all production bases meet regional
       ecological planning requirements and do not involve nature reserves, ecological
       conservation red lines, drinking water source protection areas, or other ecologically
       sensitive areas. The Company's production and operational activities have not caused
       adverse impacts on regional ecosystems or biodiversity.
       Guided by green manufacturing, recycling,                Moving forward, Orinko will
       energy conservation and carbon reduction,                continue to align with national
       Orinko fulfills dual responsibilities for ecological     ecological protection and biodiver-
       protection and plant-site ecological construc-           sity policies, and leverage the
       tion. Through distributed photovoltaic systems           characteristics of the new materials
       and energy-saving technological upgrades, the            industry to deepen practices in
       Company reduces carbon emissions and air                 green supply chain development,
       pollutants, minimizing impacts on the atmo-              eco-friendly material R&D, and
       spheric environment. Through recycled material           ecological optimization of factory
       R&D and resource utilization of solid waste, it          sites. The Company will also explore
       reduces the extraction of primary resources and          biodiversity conservation initiatives,
       alleviates ecological pressure from resource             taking practical actions to safe-
       development. Through green factory construc-             guard ecological balance and
       tion, the Company optimizes onsite greening              biodiversity while fulfilling its social
       layouts and develops eco-friendly factories,             responsibility in ecological and
       contributing to the improvement of local                 environmental protection.
       ecological conditions.
About the      Message from       Feature      About Orinko       Sustainable Development   Green and Innovation-      Industrial      Corporate   Low-Carbon    Environmental   Work Safety   Human Resources   Appendix   71
 Report         Chairperson                                             Management          Oriented Development    Co-construction   Governance    Transition   Management      Management     Management
   Management
Work Safety Management
Dual Prevention Mechanism
Occupational Health and Safety
Safety Emergency Response
Orinko consistently adheres to the core principle of "safety first, prevention
foremost, and comprehensive control," and regards employees' life safety
and occupational health as the fundamental prerequisite for corporate
development. Building on this foundation, the Company has established an
integrated work safety management system characterized by centralized
coordination and control at headquarters, standardized implementation
across all production bases, and in-depth participation by all employees. In
further strengthened the implementation of safety responsibilities,
enhanced the dual prevention mechanism, reinforced occupational health
protection, and improved emergency response capabilities. Meanwhile, the
Company continuously advanced intrinsic safety upgrades and strictly
upheld the bottom line of safe development. Through systematic, standard-
ized, and normalized safety management practices, Orinko comprehensively
safeguards employee health and well-being, ensures stable production and
operations, and supports the Company's high-quality and sustainable
development.
About the    Message from      Feature    About Orinko     Sustainable Development    Green and Innovation-       Industrial      Corporate    Low-Carbon       Environmental     Work Safety     Human Resources      Appendix   72
 Report       Chairperson                                        Management           Oriented Development     Co-construction   Governance     Transition      Management        Management       Management
Work Safety Management                                                                                                               Safety Responsibility System
With work safety standardization as its central approach, Orinko continuously improves its safety governance structure,              Orinko has established a four-tier work safety responsibility framework spanning
reinforces safety responsibilities across all employees, strengthens safety capability building, and standardizes full-pro-          "headquarters–production base–workshop–position," and strictly implements the
cess management and control. Through these efforts, the Company promotes the transformation of its safety manage-                    "three musts" safety management principle. Under this framework, safety responsibili-
ment model from "reactive rectification" to "proactive prevention and intrinsic safety," thereby enabling coordinated,               ties are systematically decomposed and assigned at every level, ensuring full employ-
efficient, and standardized safety management across all production bases.                                                           ee coverage. The Company has also implemented a "one position, one checklist"
                                                                                                                                     accountability model, which clearly defines the safety responsibilities and risk control
                                                                                                                                     requirements for each position, thereby forming a closed-loop accountability system
                                                                                                                                     with responsibility shared by all and fulfilled at every level. Meanwhile, Orinko contin-
                                                                                                                                     ues to improve its work safety management system by establishing unified safety
                                                                                                                                     management standards and specifications. Each production base further refines and
                                                                                                                                     implements these requirements in line with its specific conditions, thereby promoting
                                                                                                                                     the upgrading of safety management toward standardization and systematization
                                                                                                                                     Safety Training and Capability Building
                                                                                                                                     Orinko has established a tiered, role-based, prac-
                                                                                                                                     tice-oriented, and company-wide safety training system.
                                                                                                                                     Centered on key topics including safety knowledge,
                                                                                                                                     operational skills, emergency response, and compliance
                                                                                                                                     requirements, the Company conducts regular and
                                                                                                                                     professional safety training to comprehensively enhance
                                                                                                                                     employees' safety awareness and hands-on capabilities.
                                                                                                                                     In 2025, the safety training completion rate and the          Certification rate for
                                                                                                                                     certification rate for special operation personnel both       special operation
                                                                                                                                                                                                   personnel
                                                                                                                                     reached 100%. The training sessions covered all
                                                                                                                                     scenarios, including three-level training for new
                                                                                                                                     employees, re-certification for special operation
                                                                                                                                     personnel, and targeted training for key positions, laying
                                                                                                                                     a solid talent foundation for work safety.
About the     Message from       Feature      About Orinko      Sustainable Development      Green and Innovation-       Industrial         Corporate      Low-Carbon      Environmental       Work Safety     Human Resources        Appendix   73
 Report        Chairperson                                            Management             Oriented Development     Co-construction      Governance       Transition     Management          Management       Management
Stakeholders and Equipment Management and Control                                                                    Work Safety and Risk Prevention and Control
Orinko integrates all stakeholders, including contractors and suppliers, into a unified safety                       In 2025, none of Orinko's production bases recorded any major fire incidents, and the occupational disease incidence
management system. The Company implements full-process control covering entry qualification                          rate remained at 0%, reflecting an overall stable performance in work safety. To address potential safety hazards, the
review, specialized training, on-site supervision, performance assessment, and accountability                        Company has established a normalized inspection and rectification mechanism. Throughout the year, multi-dimen-
enforcement, thereby strengthening the safety compliance of outsourced operations. In parallel,                      sional safety inspections were carried out, enabling dynamic hazard identification, control, and time-bound
the Company strictly regulates the full life-cycle management of special equipment by completing                     rectification. In response to safety incidents at certain production bases, Orinko promptly initiated incident
regular inspections, establishing and maintaining equipment records, and conducting lightning                        investigations and targeted corrective actions, and conducted comprehensive post-incident reviews to optimize
protection testing. These measures ensure the compliant operation of key equipment such as                           management processes, enhance intrinsic safety, and prevent the recurrence of similar incidents.
pressure vessels, forklifts, and elevators, while effectively controlling safety risks associated with
equipment and stakeholders at the source.
                                                                                                                                                             Major fire incidents              Occupational disease incidence rate
                                                                                                                              Case      Intrinsic Safety Enhancement Initiative at Guangdong Factory
                                                                                                                          The Guangdong factory launched a targeted intrinsic safety enhancement initiative for high-risk
                                                                                                                          equipment and operational processes, completing four key upgrades, including the interlocking
                                                                                                                          systems for mixer cylinder valves, safety cut-off for metering scale butterfly valves, human–machine
                                                                                                                          separation for pelletizers, and dual interlocking for homogenization tanks. These improvements
                                                                                                                          comprehensively enhanced physical isolation, interlocking protection, and automatic alarm
                                                                                                                          systems in high-risk areas. By addressing safety hazards at the design stage, the initiative signifi-
                                                                                                                          cantly strengthened the intrinsic safety of production operations.
About the        Message from      Feature      About Orinko      Sustainable Development     Green and Innovation-       Industrial         Corporate      Low-Carbon       Environmental      Work Safety       Human Resources       Appendix   74
 Report           Chairperson                                           Management            Oriented Development     Co-construction      Governance       Transition      Management         Management         Management
Dual Prevention                                                            Safety Risk Classification and Hierarchical Control                                            Closed-loop Hazard Identification
Mechanism                                                                  The Company adopts the Job Safety Analysis (JSA) method and the Likelihood                     and Rectification Management
Orinko strictly complies with national work safety laws and                Exposure Consequence (LEC) method to conduct hazard identification across the
                                                                                                                                                                          Orinko has established a five-tier hazard identification network
regulations and has established a unified dual prevention                  entire production process, all operational areas, and all job positions. Based on the
                                                                                                                                                                          covering positions, teams, workshops, departments, and the
mechanism across the Company, integrating safety risk                      likelihood of occurrence and the severity of consequences, safety risks are
                                                                                                                                                                          Company as a whole. By integrating routine inspections, targeted
classification and hierarchical control with hazard identifica-            classified into four levels—major, significant, general, and low risks—and managed
                                                                                                                                                                          inspections, and holiday inspections, the Company ensures
tion and rectification. This framework builds a dual safety                through differentiated and precise control measures. Across all production bases,
                                                                                                                                                                          comprehensive coverage and continuous monitoring of potential
barrier for risk management and hazard rectification,                      Orinko implements four-color risk distribution maps, risk bulletin boards, and
                                                                                                                                                                          hazards. For identified hazards, the Company strictly implements
enabling precise identification, scientific classification, and            job-specific risk awareness cards as well as emergency response cards, thereby
                                                                                                                                                                          a closed-loop management process consisting of identification,
effective control of safety risks, as well as comprehensive                enabling visualized risk communication and continuous safety warnings. For major
                                                                                                                                                                          assignment, rectification, verification, and archiving. For recurring
identification, closed-loop rectification, and dynamic                     risks, the Company implements a "one risk, one mitigation plan" approach and
                                                                                                                                                                          hazards, root cause analysis and targeted rectification measures
elimination of safety hazards. This dual prevention mecha-                 establishes a five-layered framework comprising engineering and technical
                                                                                                                                                                          are conducted, while intrinsic safety improvements are simultane-
nism comprehensively enhances the Company's safety risk                    controls, management measures, training and education, personal protective
                                                                                                                                                                          ously advanced to eliminate safety hazards at the source.
prevention and control capabilities.                                       equipment, and emergency response, ensuring full-process risk control.
         Digital Empowerment of Safety Management
                                                                                                                           Case     Standardized Development of the Dual Prevention Mechanism at Chongqing Factory
         and Control
                                                                                                                      The Chongqing factory actively promotes the standardized implementation of the dual prevention
            Orinko actively advances the digital transformation of safety management. At its core                     mechanism by strengthening the work safety responsibility system across all employees and improving
            production bases, the Company has deployed a mobile inspection system for hazard                          the systems for risk classification and hazard identification and rectification. Through full-process
            identification, enabling QR-code-based inspections, one-click reporting, online                           operational risk analysis, comprehensive hazard identification across all areas, and multi-dimensional
            verification, and full-process traceability. This system promotes the digitalization,                     risk warning disclosure, the factory has strengthened its risk control network, enabling precise risk
            visualization, and traceability of risk and hazard management, significantly enhancing                    management and the normalization of hazard identification and rectification.
            the operational efficiency and control accuracy of the dual prevention mechanism.
About the     Message from       Feature     About Orinko      Sustainable Development      Green and Innovation-         Industrial       Corporate     Low-Carbon      Environmental    Work Safety     Human Resources         Appendix   75
 Report        Chairperson                                           Management             Oriented Development       Co-construction    Governance      Transition     Management       Management       Management
Occupational Health and Safety                                                                                      Occupational Health Surveillance
Orinko strictly complies with the Law of the People's Republic of China on Prevention and                           Orinko strictly implements a three-stage occupational health examination system, covering pre-employment,
Control of Occupational Diseases and fully implements the ISO 45001 Occupational Health                             on-the-job, and pre-exit medical examinations. The Company establishes an electronic health record for each
and Safety Management System. Adhering to a "prevention-oriented, prevention and control                            employee, enabling full-process tracking and dynamic management of health data. In 2025, the occupational health
combined" approach, the Company has established a full life-cycle and fully covered                                 examination coverage rate reached 100%, and no new occupational disease cases were recorded.
occupational health protection system through hazard factor control, occupational health
surveillance, protection measures, and training and awareness programs, thereby effectively
safeguarding employees' occupational health rights and interests.
Source Control of Occupational Disease Hazards
Orinko comprehensively identifies occupational disease hazard factors in production
processes, including noise, dust, toxic chemicals, and high temperatures. The Company
implements a three-tier prevention strategy comprising engineering controls, management
optimization, and personal protective equipment. Through the installation of dust removal,
                                                                                                                       Occupational health examination
noise reduction, and ventilation and purification facilities, the concentration of occupational                        coverage rate
disease hazard factors is effectively controlled within regulatory limits. In addition, Orinko
strictly manages working hours for high-risk positions and implements job rotation
mechanisms to reduce occupational health risks at the source. In 2025, the monitoring
results of all occupational disease hazard factors across the Company's production bases
complied with national limit requirements, with a 100% compliance rate, indicating that
occupational health risks remained controllable and well-managed.                                                      New occupational disease cases
                          Compliance rate of occupational disease hazard factors
About the       Message from   Feature     About Orinko       Sustainable Development   Green and Innovation-         Industrial      Corporate   Low-Carbon    Environmental   Work Safety   Human Resources   Appendix   76
 Report          Chairperson                                        Management          Oriented Development       Co-construction   Governance    Transition   Management      Management     Management
Personal Protective Equipment and Support Facilities
Orinko has formulated the Standards for the Allocation and Distribution of Personal Protective Equipment,
ensuring that compliant protective equipment is provided in accordance with job risk levels. The Company has
established a full-process management mechanism covering procurement and inspection, distribution and
issuance, as well as supervision of proper use, thereby ensuring proper use of personal protective equipment. In
addition, emergency support facilities, including first-aid kits and emergency shower and eyewash stations, are
reasonably deployed across all Factory areas. These facilities cover both production and office zones, providing
comprehensive protection for employees' occupational health and safety.
Occupational Health Education and Training
Orinko conducts regular occupational health training and awareness programs to promote knowledge of
occupational disease prevention and control, proper use of personal protective equipment, and emergency first
aid. Leveraging platforms such as the Occupational Disease Prevention and Control Law Awareness Week, the
Company organizes expert seminars, on-site free health consultations, and skills competitions, comprehensively
enhancing employees' awareness of occupational health protection and their self-rescue and mutual-aid
capabilities.
            Case   Occupational Health Compliance Management at the Membrane Materials Company
    As a newly established production base, the membrane materials company has developed a full-process
    occupational health management system covering hazard monitoring, health examination and surveillance,
    personal protection equipment, and training and awareness programs. The Company completed the
    monitoring of 132 occupational hazard points, with all results meeting regulatory requirements. All employ-
    ees participated in occupational health examinations with no abnormalities detected. In addition, safety
    training for key responsible personnel achieved excellent results. Through these measures, the Company
    reported no occupational health risks and no incidents.
About the       Message from        Feature       About Orinko    Sustainable Development         Green and Innovation-      Industrial       Corporate      Low-Carbon     Environmental     Work Safety      Human Resources      Appendix   77
 Report          Chairperson                                            Management                Oriented Development    Co-construction    Governance       Transition    Management        Management        Management
Safety Emergency Response                                                                                                 Emergency Response Team
Orinko has established an integrated safety emergency response system characterized by "centralized                        Orinko strengthens the professional development of its emergency response team by organizing employees to
command, tiered response, coordinated actions across all sites, and rapid handling." The Company continu-                  participate in specialized emergency rescue training and certification programs. The Company has built an
ously improves emergency response plans, ensures adequate emergency supplies, conducts regular                             internal emergency team with strong competencies in emergency preparedness, incident response, and
emergency drills, and strengthens team capability building, thereby enhancing its ability to respond to                    cross-functional coordination, ensuring immediate response and timely handling of emergencies, and establish-
unexpected safety incidents and safeguarding employees' lives and corporate assets.                                        ing a rapid and efficient emergency response system.
                                                                                                                                     Case    Development of Scenario-based Emergency Drill System at Guangdong Factory
                                                                  Coordinated
            Centralized                   Tiered                                                 Rapid
                                                                    actions
            command                      response
                                                                 across all sites
                                                                                                handling                         The Guangdong factory has innovated its emergency drill approach by conducting scenario-based fire
                                                                                                                                 evacuation and hazardous chemical leakage exercises, and implementing a "two-person supervision"
                                                                                                                                 emergency mechanism for high-risk operations. The Company also plans to introduce unannounced
                                                                                                                                 drills to strengthen employees' instinctive response capabilities and build an emergency system that
                                                                                                                                 integrates routine operations with emergency readiness, ensuring rapid and efficient response.
   Emergency Response System                                     Emergency Drills
   Orinko has developed specialized emergency
                                                                 Orinko conducts regular emergency drills with full
   response plans for work safety incidents,
                                                                 employee coverage and scenario-based practical
   occupational disease hazards, and sudden
                                                                 exercises. The drills address high-frequency risk
   environmental events, all of which have been duly
                                                                 scenarios such as fire evacuation, hazardous
   filed with relevant government authorities. Each
                                                                 chemical leakage, heatstroke, and acute
   production base has established dedicated
                                                                 poisoning. Through these exercises, the Company
   emergency command teams with clearly defined
                                                                 continuously optimizes emergency response
   responsibilities and response procedures. In
                                                                 procedures and enhances employees' emergency
   addition, the Company provides standardized
                                                                 response capabilities. After each drill, a compre-
   emergency resources, including first-aid equip-
                                                                 hensive review and assessment are conducted to
   ment, fire-fighting facilities, and emergency rescue
                                                                 facilitate continuous improvement of emergency
   supplies. These resources are subject to regular
                                                                 response plans and handling measures, thereby
   inspection and maintenance to ensure readiness at
                                                                 promoting the transformation of emergency
   all times and the efficient operation of the
                                                                 management from procedural execution to
   emergency response system.
                                                                 practical, scenario-based response.
About the      Message from      Feature      About Orinko       Sustainable Development      Green and Innovation-      Industrial      Corporate   Low-Carbon    Environmental    Work Safety   Human Resources   Appendix   78
 Report         Chairperson                                            Management             Oriented Development    Co-construction   Governance    Transition   Management      Management      Management
   Management
Protection of Employee Rights and Interests
Human Resources Management
Employee Communication
Employee Development and Training System
Employee Promotion and Career Development
Employee Care and Public Welfare Initiatives
Orinko adheres to a people-oriented philosophy and regards talent as the core driving force behind
the Company's sustainable development. By deeply integrating ESG principles into the entire human
resource management process, the Company has established a full life-cycle management system
covering employee rights and interests protection, talent acquisition, compensation and benefits,
employee communication and engagement, training and development, career development,
employee care, and public welfare and charitable initiatives. Through these efforts, Orinko safe-
guards employees' legitimate rights and interests, empowers employee growth and development,
fulfills its corporate social responsibilities, and promotes mutually beneficial development between
the Company and its employees, as well as between the Company and society.
About the     Message from      Feature     About Orinko     Sustainable Development     Green and Innovation-      Industrial      Corporate   Low-Carbon    Environmental    Work Safety   Human Resources   Appendix   79
 Report        Chairperson                                         Management            Oriented Development    Co-construction   Governance    Transition   Management      Management      Management
Protection of Employee Rights
and Interests
Labor Management
Orinko strictly complies with the Labor Law of the People's Republic of China, the Labor Contract Law
of the People's Republic of China, and other applicable laws and regulations. The Company enters
into labor contracts with employees, makes social insurance and housing provident contributions in a
timely manner, and ensures that wages are paid in full and on schedule. The Company places strong
emphasis on the protection of minors and strictly prohibits the employment of child labor. Orinko
also respects employees' freedom of association and supports their lawful right to organize and join
labor unions and other social organizations. In recruitment, hiring, and promotion practices, the
Company does not discriminate against employees on the basis of race, gender, age, religion, ethnic
origin, disability, household registration status, or other protected characteristics, ensuring that all
employees enjoy fair and equal opportunities. In addition, Orinko reasonably arranges working hours
to safeguard employees' legitimate rights and interests.
Employee Safety and Labor Protection
Respecting and caring for every employee, Orinko refines the implementation of labor laws and
regulations through detailed internal regulations and disciplines to ensure standardized manage-
ment. The Company continuously improves its work safety systems and operating procedures, and
regularly organizes safety training and education activities to enhance employees' safety awareness
and emergency response capabilities. In addition, Orinko actively carries out a variety of safety
initiatives, including "Work Safety Month" themed activities, fire drills, and safety performance
assessments, to strengthen employees' safety awareness and accident prevention capabilities.
Meanwhile, the Company strictly complies with laws and regulations related to occupational health
and has established detailed occupational health management systems. Orinko provides employees
with free occupational health examinations, equips them with necessary personal protective
equipment, and installs warning signs in workplaces to safeguard employees' health and safety.
About the     Message from      Feature     About Orinko      Sustainable Development      Green and Innovation-         Industrial      Corporate     Low-Carbon     Environmental      Work Safety    Human Resources      Appendix   80
 Report        Chairperson                                          Management             Oriented Development       Co-construction   Governance      Transition    Management        Management       Management
Human Resources Management
Talent Acquisition and Team Building
Orinko consistently places talent at the core of its corporate strategy and systematically advances the development of
a talent acquisition and management system closely aligned with its global business expansion. The Company is
committed to building a diverse, high-caliber, and internationally oriented workforce. By establishing an international,
professional, and digital talent supply chain, Orinko not only supports its own sustainable development but also
actively fulfills its broader responsibilities to employees, the industry, and society.
                                                                                                                                                     Orinko has established a standardized global talent acquisition process and a
                          Orinko actively implements a talent localization strategy in key overseas
                                                                                                                                                     competency center. By systematically defining talent profiles for key positions,
                          markets. Talent acquisition is closely aligned with local business needs, with
                                                                                                                                                     optimizing interview assessment tools, and strengthening continuous training
                          priority given to professionals who are familiar with local culture, market, and
                                                                                                                                                     and certification for global talent acquisition professionals, the Company
                          regulatory environments. During the Reporting Period, the Company achieved
                                                                                                                                                     ensures consistent quality and candidate experience in talent acquisition. At
                          talent localization in the United States, Mexico, Indonesia, Thailand, Japan, and
                                                                                                                                                     the same time, Orinko actively disseminates and shares mature talent
                          South Korea.
                                                                                                                                                     selection and management practices both within and outside the Group.
                          In regular recruitment, Orinko maintains long-term investment in talent
                          development. Through diversified and structured campus recruitment pro-                                                    Orinko actively explores the application of AI tools in talent acquisition. The
                          grams for management trainees and specialized graduates, the Company                                                       Company leverages AI in scenarios such as campus recruitment and blue-col-
                          provides young talents with systematic career development pathways and                                                     lar recruitment to conduct preliminary resume screening, intelligent matching,
                          actively fulfills its social responsibility to cultivate future industry leaders. For key                                  and interview scheduling, significantly improving processing efficiency. At the
                          business areas, dedicated teams conduct ongoing talent mapping and                                                         same time, Orinko continues to optimize the end-to-end recruitment process
                          benchmarking analyses to precisely identify high-caliber professionals, thereby                                            from demand identification to onboarding integration, with the aim of
                          ensuring the continuous strengthening of core competitiveness. The Company                                                 shortening the recruitment cycle, enhancing candidate experience, and
                          also dynamically monitors industry talent trends and compensation bench-                                                   reducing resource consumption during the process. These efforts achieve a
                          marks, providing data-driven support for the formulation of responsible and                                                balance between higher efficiency and improved experience, while also
                          competitive employment policies, and safeguarding fairness and forward-look-                                               reflecting the Company's commitment to sustainable operational practices.
                          ing practices in talent attraction and retention.
About the     Message from     Feature      About Orinko      Sustainable Development     Green and Innovation-      Industrial       Corporate      Low-Carbon     Environmental      Work Safety     Human Resources      Appendix   81
 Report        Chairperson                                          Management            Oriented Development    Co-construction    Governance       Transition    Management        Management        Management
Compensation, Benefits and Incentives                                                                             Compensation Management Principles
Orinko has established a fair and market-competitive compensation, benefits, and incentive                              Strategic alignment
system that balances internal equity with external competitiveness. Guided by the principle of
                                                                                                                    Compensation aligns with the Company's overall strategy, with a focus on rewarding strategic talents.
shared value, the Company fully motivates employees' engagement and sense of belonging,
fostering mutual growth between employees and the organization while enabling shared
                                                                                                                        Relative fairness
access to development outcomes.
                                                                                                                    Salaries are determined based on job value to reflect internal equity, while also benchmarking against the
                                                                                                                    market to ensure competitiveness for key talents.
                                                                                                                        Performance-oriented
                                                                                                                    Adjustments to base pay and distribution of variable pay are tied to performance, ensuring that dedicated
                                                                                                                    employees are fairly rewarded.
  Compensation Structure                                                                                                Benefit sharing
Employee compensation primarily consists of: fixed salary, welfare subsidies, short-term                            Employee income is linked to the Company's business performance—the better the Company performs, the
incentive bonuses, and long-term incentive bonuses (such as equity). Employee benefits mainly                       more employees share in its success.
include: social insurance (including pension, medical, unemployment, work-related injury, and
maternity insurance) and housing provident fund, meal subsidies, holiday gifts, regular
team-building activities, annual physical examinations, company dormitories, and commuter
shuttles.
            Short-term incentives                      Medium- to long-term incentives
   Monthly performance bonuses, pro-
   cess-based incentives, recognition awards,              Equity incentives, among others.
   commissions, and annual performance
   bonuses, etc.
About the       Message from       Feature   About Orinko    Sustainable Development   Green and Innovation-        Industrial        Corporate       Low-Carbon    Environmental    Work Safety   Human Resources   Appendix   82
 Report          Chairperson                                       Management          Oriented Development      Co-construction     Governance        Transition   Management      Management      Management
Employee Communication                                                                            Offline Channels
                                                                                                    Regular meetings
Employee communication is a key component of effective internal communication
within Orinko. It involves conveying information to employees, establishing                       Including team meetings, weekly, monthly, biannual and annual
communication channels, identifying issues, and finding solutions. Effective                      meetings, employee forums, dormitory visits, and interdepart-
employee communication supports the Company's sustainable development,                            mental exchange sessions, which provide opportunities for
drives internal collaboration, serves as a critical mechanism for problem-solving,                face-to-face communication among employees, between
and acts as an important bridge for employee engagement and feedback.                             staff and management, and across departments.
Employee communication channels within the Company mainly fall into two
categories:                                                                                         Performance reviews
                                                                                                  Held at least once every quarter to guide employees to
Online Channels                                                                                   improve their work performance and advance their personal
                                                                                                  development.
                                                                                                    Employee satisfaction surveys
                OA office system                                 Feishu
                                                                                                  Carried out annually through questionnaires to gather
  Allows employees to access official                                                             comprehensive feedback on work, life, company policies,
                                                Enables seamless information
  documents and send internal                                                                     interpersonal relationships, employee growth, and corporate
                                                exchange among all employees.
  emails.                                                                                         development.
                                                                                                    Rationalization proposal initiatives
              Chairman's mailbox                        Employee suggestion box
                                                                                                  Regularly organized to reduce costs and improve efficiency,
  Allows all employees to offer                Provides an anonymous feedback                     thereby lowering manufacturing and management expenses.
  suggestions, report misconduct, or           channel to encourage employees to                  These initiatives fully leverage the collective wisdom of all
  submit complaints directly.                  raise issues and offer suggestions.                employees to enhance the Company's overall economic
                                                                                                  performance.
About the      Message from     Feature      About Orinko     Sustainable Development    Green and Innovation-       Industrial       Corporate      Low-Carbon      Environmental        Work Safety   Human Resources     Appendix   83
 Report         Chairperson                                         Management           Oriented Development     Co-construction    Governance       Transition     Management          Management      Management
Employee Development and                                                                            Next-Generation Talent Development: Orinko Star Training Camp
Training System                                                                                     To continuously strengthen its talent pipeline, the Company further upgraded the "Orinko Star Training Camp" in 2025. Designed
                                                                                                    for newly recruited graduates, the program adopted a "business-oriented and practice-integrated" approach, establishing a
Talent is the core driver of Orinko's sustainable development and a key foundation for              dual-driven development framework focused on both cultural alignment and business understanding. The program continued
achieving environmental, social, and governance (ESG) objectives. Guided by its strategic           its three-in-one mentorship model, systematically enhancing participants' multi-dimensional capabilities through cross-site
priorities, the Company further strengthened its multi-dimensional talent development               practical assignments, rotational internships, and periodic review sessions. The Company further strengthened process
system in 2025, promoting coordinated growth of organizational capabilities and employ-             management by establishing dedicated talent profiles for participants and implementing standardized evaluations together
ee value, and building a solid talent pipeline to support its long-term high-quality                with a dynamic entry-and-exit mechanism. These efforts support a more structured and transparent development process
development.                                                                                        while strengthening the Company's pipeline of high-quality, high-potential talent.
     Talent Development System
                                                                        Customized training
    Orinko places its tiered and segmented training system              sessions
    at the core of talent development, integrating diverse
    online and offline learning scenarios. During the                   700 +
    Reporting Period, the Company conducted over 700
    customized training sessions, achieving 100% employee
    coverage, with an average of 14.7 training hours per
                                                                        Employee training
    employee. In total, these initiatives supported capability          coverage rate
    enhancement for more than 12,000 participants. Building
    on this broad coverage, Orinko launched the "Leadership
    Program" during the year and systematically upgraded
    the "Orinko Star Training Camp," precisely supporting
    talent development for emerging professionals while
    enhancing leadership capabilities of mid- and                       Average training hours
                                                                        per employee
    senior-level managers. These efforts have progressively
    built a talent pyramid that supports the effective
    execution of the Company's strategy.                                14.7
About the     Message from       Feature      About Orinko     Sustainable Development   Green and Innovation-      Industrial      Corporate   Low-Carbon        Environmental      Work Safety      Human Resources       Appendix   84
 Report        Chairperson                                           Management          Oriented Development    Co-construction   Governance    Transition       Management        Management         Management
Training Curriculum System                                                                                                                                    Executive Leadership Development:
                                                                                                                                                              Leadership Program
In 2025, Orinko established a training curriculum system
centered on five dimensions: professional capabilities,                                                                                                       As an annual key initiative for management empowerment and
organizational capabilities, leadership, digitalization, and                                                                                                  innovation, the "Leadership Program" focuses on enhancing senior
globalization. The system covers full career-cycle scenarios                                                                                                  executives' business acumen and managerial capabilities.
ranging from new employees to managers and from                                                                                                               Centered on core themes such as strategy decoding, transforma-
domestic to overseas operations. In terms of professional                                                                                                     tion initiatives, executive development, and non-HR-related
empowerment, the Company systematically conducted                                                                                                             management topics, the program adopts formats including
onboarding training for new and overseas employees, while                                                                                                     management seminars, hands-on workshops, and benchmarking
also developing specialized capability-building programs in                                                                                                   visits. These initiatives systematically strengthen the strategic
key areas such as customer interface, product interface, the                                                                                                  vision and execution capabilities of the executive team, providing
comprehensive quality management system, and lean                                                                                                             core leadership support for the Company to navigate complex
manufacturing. These initiatives ensure close alignment                                                                                                       environments and drive continuous transformation.
between talent capabilities and business needs. At the same
time, Orinko continued to strengthen resource development
by uploading a total of 210 internal training courses during the
year, including scenario-based videos, systematic course
materials, and practical case studies. This has laid the
                                                                                                                                                              External Resource Integration
foundation for a reusable and easily accessible organizational
                                                                                                                                                              The Company continues to upgrade external training from
knowledge asset system, supporting continuous learning and
                                                                                                                                                              knowledge transfer to value-driven capability enhancement. On
self-driven development.
                                                                                                                                                              the one hand, industry experts are engaged to empower the
                                                                                                                                                              marketing system (OTC and MCR processes) and manufacturing
                                                                                                                                                              system (lean improvement and OBS system), directly supporting
                   Internal training courses uploaded
                   during the year                                                                                                                            business breakthroughs and benchmark factory development. On
                                                                                                                                                              the other hand, senior executives are organized to participate in
                                                                                                                                                              specialized programs on strategic planning, digital transformation,
                                                                                                                                                              and industry benchmarking, continuously enhancing their business
                                                                                                                                                              mindset and strategic insight.
About the     Message from      Feature     About Orinko      Sustainable Development    Green and Innovation-       Industrial       Corporate   Low-Carbon     Environmental      Work Safety    Human Resources         Appendix   85
 Report        Chairperson                                          Management           Oriented Development     Co-construction    Governance    Transition    Management        Management       Management
Employee Promotion and                                                                       Job Qualification Framework Development
Career Development
                                                                                                        Strategic and business-oriented                              Multi-track career development-oriented
Employee Promotion                                                                               Rooted in corporate strategy and planning,         Establishes five career tracks—management, sales, technical, functional, and
                                                                                                 and designed to support the achievement of         operational. Employees may choose their career path based on individual
To align with its strategic priorities—customer first, product leadership, lean-driven
                                                                                                 strategic objectives.                              positioning, and cross-track mobility is supported where appropriate.
operations, and global expansion—and corresponding capability requirements,
Orinko implements employee promotion that aims to better attract, motivate, and
retain high-caliber talent, following the principles of objective assessment,                         Capability and contribution-oriented                               Dynamic management-oriented
step-by-step promotion, and dynamic talent management. Adhering to the
principles of openness, fairness, and impartiality, Orinko conducts comprehensive                Focuses on both professional competencies              Qualification standards are regularly reviewed and updated, with
evaluations of employees' job competencies. As a general rule, promotions are                    and value contribution.                                continuous optimization of the management system.
carried out on a step-by-step basis; however, employees with significant achieve-
ments and outstanding performance may be granted exceptional promotion
opportunities. The Company also implements dynamic talent management that
supports merit-based upward and downward mobility, along with flexible recruit-
ment and exit mechanisms.
Career Development Pathways
Orinko places strong emphasis on employee career development and has estab-
lished a multi-path promotion mechanism covering management, sales, technical,
and operational tracks. The Company has developed a structured and standardized
job qualification management system that clearly defines career development
pathways and criteria for employees. Based on talent reviews, Orinko builds a
structured talent pipeline and continuously improves job rotation and internal
mobility mechanisms to effectively stimulate talent vitality and promote capability
enhancement and optimal talent allocation. Through these efforts, employee career
development is closely integrated into the Company's governance framework,
supporting the upgrading of organizational capabilities.
About the     Message from      Feature      About Orinko     Sustainable Development      Green and Innovation-        Industrial        Corporate      Low-Carbon      Environmental        Work Safety     Human Resources          Appendix   86
 Report        Chairperson                                          Management             Oriented Development      Co-construction     Governance       Transition     Management          Management        Management
Employee Care and Public
Welfare Initiatives                                                                                                              In terms of living and office support facilities, the Company continues to enhance its
                                                                                                                                 physical infrastructure.
Employee Care                                                                                                                    Employee dormitories                                    Employee canteens
Orinko has built a comprehensive, people-centered and vibrant employee care system that enhances employ-
                                                                                                                                 The Company has advanced dormitory                      The Company continues to optimize menu
ees' sense of belonging and well-being.
                                                                                                                                 renovation and upgrading, and improved                  variety and improve meal quality, ensuring
In terms of holiday engagement, the Company organizes a variety of themed activities during traditional                          supporting facilities, creating a comfortable           food hygiene, safety, nutrition, and health
festivals and statutory holidays, including the Lantern Festival, International Women's Day, Mother's Day,                       and livable accommodation environment.                  for employees.
Father's Day, the Mid-Autumn Festival, and National Day, while also providing dedicated employee benefits. In
addition, annual summer team-building trips are arranged to strengthen team cohesion.                                            Commuting services
                                                                                                                                 Dedicated employee shuttle buses are provided to address long-distance commuting challeng-
                                                                                                                                 es, significantly improving commuting convenience.
                                                                                                                                 Office environment
                                                                                                                                 The Company has completed the renovation and redesign of office buildings, creating a
                                                                                                                                 comfortable, elegant, and modern workspace.
To enrich employees' cultural and recreational life, Orinko has developed sports and recreational facilities,
including basketball courts, badminton courts, and fitness centers. It regularly organizes employee skills competi-
tions and sports events such as tug-of-war, basketball, badminton, and shuttlecock kicking. These activities
enhance employees' overall competencies through competitive engagement and strengthen teamwork and
collaboration. In addition, the Company conducts diverse and flexible skills competitions and technological
innovation activities from time to time, which not only foster employees' professionalism and dedication, but also
enhance their sense of ownership. These initiatives fully stimulate innovative thinking as well as work initiative and
enthusiasm.
About the      Message from        Feature    About Orinko      Sustainable Development      Green and Innovation-      Industrial         Corporate      Low-Carbon       Environmental      Work Safety     Human Resources       Appendix    87
 Report         Chairperson                                           Management             Oriented Development    Co-construction      Governance       Transition      Management        Management        Management
Public Welfare and Charity
Orinko consistently adheres to the principle of "developing the enterprise and giving back to society," and actively engages in public welfare and philanthropic initiatives, fulfilling its corporate social responsibility through concrete
actions. In 2025, the Company carried out two key charitable programs—elderly care support and education assistance— conveying corporate warmth and positive social values.
On October 28, 2025, Orinko, in collaboration with the Cultural Station of Fengle Town, Feixi County,                       On November 19, 2025, a delegation from
carried out an elderly care initiative at the Xincang Nursing Service Center to celebrate the Double Ninth                  Orinko's Party Branch visited Jiuzishan Public
Festival. The Company delivered warm supplies including scarves, gloves, hats, thermos flasks, and                          School in Qingyang County, Chizhou City, to
towels to 115 elderly residents. Volunteers provided attentive companionship and care to seniors with                       carry out an education support initiative. The
limited mobility. A cultural performance was held on-site as part of the festival visit, offering festive                   Company provided scholarships to students in
greetings and entertainment. Through these actions, the Company actively promoted the traditional                           need. Company representatives encouraged
Chinese virtues of respecting and caring for the elderly, while demonstrating its commitment to                             the students to stay committed, work diligently,
corporate social responsibility.                                                                                            and pursue personal growth, emphasizing that
                                                                                                                            knowledge and perseverance pave the way to a
                                                                                                                            better future. The school expressed sincere
                                                                                                                            gratitude for Orinko's charitable support.
                                                                                                                            Through this initiative, the Company helped
                                                                                                                            students pursue their dreams and contributed
                                                                                                                            to the development of local education through
                                                                                                                            concrete actions.
                                                                                                                               Looking ahead, Orinko will continue to deepen its engagement in public welfare initiatives and
                                                                                                                               expand the forms of its philanthropic practices. Through diversified actions such as education
                                                                                                                               support, elderly care, and rural revitalization, the Company will give back to society and demonstrate
                                                                                                                               its identity as a responsible corporate citizen.
About the       Message from       Feature        About Orinko     Sustainable Development    Green and Innovation-      Industrial        Corporate       Low-Carbon         Environmental          Work Safety          Human Resources   Appendix   88
 Report          Chairperson                                             Management           Oriented Development    Co-construction     Governance        Transition        Management            Management             Management
                                                                                                                              Primary indicator        Secondary indicator                                           Unit      2024         2025
Appendix                                                                                                                                          Confirmed corruption incidents                                   incident       0           0
                                                                                                                                                  Unfair competition and antitrust incidents                       incident       0           0
                                                                                                                                                  Anti-corruption training sessions                                 times         1            1
Key ESG Data                                                                                                                  Business
                                                                                                                                                  Coverage rate of anti-corruption training for directors,
                                                                                                                              ethics              supervisors, and senior management                                  %         100          100
                                                                                                                                                  Proportion of management receiving anti-bribery and
                                                                                                                                                  anti-corruption training                                            %         100          100
                                                                                                                                                  Completion rate of anti-fraud system development                    %         100          100
                                                                                                                                                  Accessibility rate of whistleblowing channels                       %         100          100
    Corporate Governance Performance
                                                                                                                                                  Cumulative patent applications                                    item        906         1181
Primary indicator                 Secondary indicator                             Unit       2024         2025                                    Cumulative invention patent applications                          item        840          976
                     Number of shareholders' meetings held                        times         4            2                                    Cumulative utility model patent applications                      item         66          196
                     Number of board meetings held                                times         9            11                                   Cumulative design patent applications                             item          0           9
  Corporate
                     Number of resolutions reviewed at shareholders' meetings     item         23            13                                   Cumulative patents granted                                        item        274          314
  governance
  for listed
                     Number of resolutions reviewed at board meetings             item         48           42                                    Cumulative invention patents granted                              item        220         253
  companies
                     Number of Strategic Development and ESG Committee            times         -            2                                    Cumulative utility model patents granted                          item         54           61
                     meetings held
                     Proportion of independent directors                            %        42.86       42.86                                    Patent applications during the Reporting Period                   item        138          275
                                                                                                                              Intellectual
                     Proportion of female directors                                 %        14.29        14.29               property            Invention patent applications during the Reporting Period         item        129          136
                                                                                                                              management
                     Number of information disclosure documents                   count        80           86                                    Utility model patent applications during the Reporting Period     item          9          130
  Information
  disclosure         No violations in information disclosure                     Yes/No       Yes          Yes                                    Design patent applications during the Reporting Period            item          0           9
  Anti-unfair        Anti-unfair competition-related lawsuits/penalties           case          0            0                                    Patents granted during the Reporting Period                       item         31          40
  competition
                     Customer privacy complaints                                  case          0            0                                    Invention patents granted during the Reporting Period             item         31          33
  Information
  security
                     Data breach/loss incidents                                  incident       0            0                                    Utility model patents granted during the Reporting Period         item          0            7
About the       Message from         Feature        About Orinko            Sustainable Development        Green and Innovation-      Industrial         Corporate        Low-Carbon          Environmental      Work Safety          Human Resources   Appendix   89
 Report          Chairperson                                                      Management               Oriented Development    Co-construction      Governance         Transition         Management        Management             Management
    Environmental Performance
Primary indicator        Secondary indicator                                       Unit               2024            2025                    Primary indicator            Secondary indicator                                 Unit             2024       2025
                    Scope 1 GHG emissions                                          tCO₂e              1087.23       4446.80                  Pollutant            Wastewater discharge compliance rate                          %                 100       100
                                                                                                                                             emissions
                    Scope 2 GHG emissions (location-based)                         tCO₂e         110959.35         127637.29                 management           Air emissions compliance rate                                 %                 100       100
                    Scope 2 GHG emissions (market-based)                           tCO₂e                   -       123720.38                                      Total waste generation                                       ton            3131.44   2585.62
 Carbon
 emissions          Scope 3 GHG emissions                                          tCO₂e        1343568.39        1412979.77                                      Total hazardous waste generation                             ton             274.86    312.58
 management                                                                                                                                  Waste
                                                                                                                                             management
                    Total GHG emissions (Scope 1 + Scope 2 + Scope 3)              tCO₂e        1455614.97        1541146.96                                      Total non-hazardous waste generation                         ton            2856.59   2273.04
                    Carbon emissions intensity per unit of revenue
                    (operations)                                              tCO₂e/RMB10,000            0.18           0.20                                      Hazardous waste compliant disposal rate                       %                 100       100
                    Carbon emissions intensity per unit of revenue
                    (value chain)                                             tCO₂e/RMB10,000           2.39            2.37
Green product       Number of recycled material product certifications             item                  179            182
Green factory       Number of green factory certifications                         count                   2              4
                    Total investment in environmental protection                 RMB10,000              2025           1380
Environmental
management
                    Environmental non-compliance/penalty incidents                incident                 0              0
                                                                                                                                                     Social Performance
                    Carbon emissions intensity per unit of revenue
                                                                                     %                   100            100
                    (value chain)
                    Purchased electricity consumption                              MWh           204623.53        230847.52                   Primary indicator              Secondary indicator                               Unit             2024       2025
                                                                                                                                              Protection of       Labor contract signing rate                                   %                 100      100
                    Self-generated electricity consumption (rooftop PV)            MWh            17289.57         21365.64                   employee
                                                                                                                                              rights and
                                                                                                                                              interests           Social insurance coverage rate                                %                 100      100
                    Total electricity consumption                                  MWh            221913.10       252213.16
 Energy
 management                                                                                                                                                       Number of work-related fatalities and serious injuries   person                  0         0
                    Steam consumption                                               ton                    -       15837.00
                                                                                                                                                                  Occupational disease incidence rate                           %                  0         0
                    Diesel consumption                                              ton                    0              0
                                                                                                                                              Employee            Occupational health examination coverage rate                 %                 100      100
                    Natural gas consumption                                         m?          448848.88        1839366.00                   health and
                                                                                                                                              safety
                    Share of renewable electricity use (including rooftop                                                                                         Work safety training coverage rate                            %                 100      100
                                                                                     %                    7.8          11.40
                    PV and renewable energy certificates)
                                                                                                                                                                  Hazard rectification rate                                     %                 100      100
 Water              Total water withdrawal                                          ton               558300        475222
 resource
 management                                                                                                                                                       Facility and equipment maintenance rate                       %                 100      100
                    Water consumption per unit of revenue                      ton/RMB10,000            0.92            0.73
About the       Message from        Feature         About Orinko    Sustainable Development       Green and Innovation-      Industrial          Corporate       Low-Carbon           Environmental       Work Safety       Human Resources   Appendix   90
 Report          Chairperson                                              Management              Oriented Development    Co-construction       Governance        Transition          Management         Management          Management
Primary indicator       Secondary indicator                                  Unit              2024           2025        Primary indicator                  Secondary indicator                                    Unit            2024        2025
                    Total number of employees                               person             2279          2206                             Total training hours for employees                                    hour            8535       9400
                    By gender - Male employees                              person             1866           1815                            Total number of training sessions for employees                      times             800         710
                    By gender - Female employees                            person              413            391
                                                                                                                                              Average training hours per employee                                   hour              9.5       14.7
                    By age group - Employees aged 50 and above              person              224           232
                                                                                                                                              Average safety training hours per employee                            hour              40         45
                    By age group - Employees aged 40–50 (exclusive)         person              402           389
                                                                                                                                              Average training hours per new employee                               hour               10         10
                    By age group - Employees aged 30–40 (exclusive)         person              823           869          Employee
                                                                                                                           training           Coverage rate of new employee training                                    %             100        100
                    By age group - Employees under 30 (exclusive)           person              830            716
                                                                                                                                              Employee training coverage rate                                           %             100        100
 Employment         By education level - Doctoral degree                    person               22             24
 management
                                                                                                                                              Annual training expenditure                                        RMB10,000          450.1      529.3
                    By education level - Master's degree                    person              201            193
                                                                                                                                              Number of internal trainers certified                               person              55         50
                    By education level - Bachelor's degree and below        person             2056           1989
                                                                                                                                              Coverage rate of campus recruits development programs                     %             100        100
                    By function - R&D and technical personnel               person              566           583
                                                                                                                                              Percentage of employees receiving regular performance and
                    By function - Production and manufacturing personnel    person             1129           1100                                                                                                      %             100        100
                                                                                                                                              career development reviews
                    By function - Sales personnel                           person              236            211                            Total number of suppliers                                            count             484        539
                    By function - Management personnel                      person              348            312                            Number of domestic suppliers                                         count             474         529
                    Employees with disabilities                             person                5              5                            Number of overseas suppliers                                         count               10         10
                    Proportion of employees with disabilities                  %                0.2            0.2                            Number of newly added suppliers during the Reporting Period          count               71        55
                    Major product quality incidents                         incident             0               0
                                                                                                                                              Number of suppliers removed during the Reporting Period              count               0           1
 Product            Product traceability coverage rate                         %                98             100        Supply
 quality and                                                                                                                                  Number of supplier audits conducted during the Reporting Period      times              35         28
                                                                                                                          chain
 safety                                                                                                                   management
                    Customer complaint resolution rate                         %                100            100
                                                                                                                                              Proportion of suppliers signing the integrity agreement                   %             95         95
                    Customer satisfaction                                      %               97.0           95.6
                                                                                                                                              Proportion of newly onboarded suppliers screened using
                                                                                                                                                                                                                        %             100        100
                                                                                                                                              environmental standards
                    R&D personnel                                           person             566            583
                                                                                                                                              Number of suppliers identified with significant negative             count
                    Proportion of R&D personnel                                %              24.84          26.43                            environmental/social impacts                                                             0          0
 Innovation-
 driven             R&D investment                                         RMB10,000     27511.99        30588.51
                    R&D investment as a percentage of revenue                  %               4.52           4.71
About the    Message from       Feature       About Orinko        Sustainable Development    Green and Innovation-        Industrial         Corporate       Low-Carbon       Environmental       Work Safety      Human Resources        Appendix   91
 Report       Chairperson                                               Management           Oriented Development      Co-construction      Governance        Transition      Management         Management         Management
Index of Reporting Indicators                                Guidelines No. 14 of Shanghai Stock Exchange for Self-Regulation of Listed Companies—Sustainability Report (Trial)
 Dimension        Topic                                                     Article                                                            Corresponding Sections of This Report
                   Climate change tackling                                  Article 21-28                Low-Carbon Transition – Carbon Neutrality Strategic Actions / Low-Carbon Transition – Response to Climate Change
                   Pollutant discharge                                      Article 30                   Environmental Management – Pollution and Emissions Management
                   Waste disposal                                           Article 31                   Environmental Management – Pollution and Emissions Management
                   Ecosystem and biodiversity protection                    Article 32                   Environmental Management – Ecological Protection and Biodiversity
  Environ-
   mental          Environmental compliance management                      Article 33                   Environmental Management – Environmental Management
                   Energy usage                                             Article 35                   Environmental Management – Energy Management
                   Usage of water resources                                 Article 36                   Environmental Management – Water Resource Management
                                                                                                         Feature: Recycling for a Better Shared Future / Low-Carbon Transition – Circular Development / Green and Innovation-Oriented
                   Circular economy                                         Article 37
                                                                                                         Development – Green Products and Solutions
                   Rural revitalization                                     Article 39                   Human Resources Management – Employee Care and Public Welfare Initiatives
                   Contributions to the society                             Article 40                   Human Resources Management – Employee Care and Public Welfare Initiatives
                   Innovation-driven                                        Article 42                   Green and Innovation-Oriented Development – R&D Innovation / Green and Innovation-Oriented Development – Green Products and Solutions
                                                                                                         During the Reporting Period, the Company's business did not involve technology fields such as genetics or artificial intelligence ethics,
                  Ethics of science and technology                          Article 43
                                                                                                         nor did its operations involve activities related to ethics of science and technology.
    Social         Supply chain security                                    Article 45                   Industrial Co-construction – Supply Chain Management
                  Equal treatment to small and medium-sized                                              During the Reporting Period, the Company had no overdue payments to SMEs, and there were no accounts payable (including notes
                                                                            Article 46                   payable) balances exceeding RMB30 billion or accounting for more than 50% of total assets as of the end of the Reporting Period.
                  enterprises
                   Safety and quality of products and services              Article 47                   Industrial Co-construction – Product Quality and Safety
                   Data security and customer privacy protection            Article 48                   Corporate Governance – Information Security
                                                                                                         Human Resources Management – Sections from "Protection of Employee Rights and Interests" to "Employee Care and Public Welfare
                   Employees                                                Article 50                   Initiatives" / Work Safety Management – Sections from "Work Safety Management" to "Safety Emergency Response"
                   Due diligence                                            Article 52                   Industrial Co-construction – Supply Chain Management / Corporate Governance – Internal Audit
                   Communications with stakeholders                         Article 53                   Sustainable Development Management – Communication with Stakeholders
Governance
                   Anti-commercial bribery and anti-corruption              Article 55                   Corporate Governance – Business Ethics
                   Anti- unfair competition                                 Article 56                   Corporate Governance – Business Ethics
About the    Message from    Feature      About Orinko   Sustainable Development   Green and Innovation-        Industrial         Corporate       Low-Carbon     Environmental     Work Safety    Human Resources   Appendix   92
 Report       Chairperson                                      Management          Oriented Development      Co-construction      Governance        Transition    Management       Management       Management
      Chapter               Section                                                    GRI Standards                                                                  ESRS Standards
                                                                                       GRI 2-1 Organizational details
                                                                                                                                                                      ESRS 2 BP-1 Basis for preparation
 About the Report      About the Report                                                GRI 2-2 Entities included in the organization’s sustainability reporting
                                                                                                                                                                      ESRS 2 BP-2 Reporting boundary
                                                                                       GRI 2-3 Reporting period, frequency and contact point
   Message from                                                                        GRI 2-22 Statement on sustainable development strategy                         ESRS 2 GOV-1 Governance, risk
                       Message from Chairperson
    Chairperson                                                                        GRI 2-23 Policy commitments                                                    management and control
                                                                                       GRI 301-3 Reclaimed products and their packaging materials
                       Feature: Recycling for a Better Shared Future — Orinko's                                                                                       ESRS E5-1 Resource inflows and outflows
       Feature                                                                         GRI 306-2 Management of significant waste-related impacts
                       PCR Material-based Circular Economy Business                                                                                                   ESRS E5-5 Circular design of products
                                                                                       GRI 306-4 Waste diverted from disposal
                       Company Profile                                                 GRI 2-1 Organizational details                                                 /
                       Corporate Culture                                               GRI 2-6 Activities, value chain and other business relationships               /
                       Development Course                                              GRI 2-23 Policy commitments                                                    /
    About Orinko
                       Business Layout                                                 GRI 2-24 Embedding policy commitments                                          /
                       Globalized Services                                             GRI 2-1 Organizational details                                                 /
                       Honors and Awards in 2025                                       /                                                                              /
                                                                                       GRI 2-22 Statement on sustainable development strategy                         ESRS 2 GOV-1 Governance, risk management and control
                       ESG Strategy
                                                                                       GRI 2-23 Policy commitments                                                    ESRS 2 SBM-1 Strategy, business model and value chain
     Sustainable
    Development
                                                                                       GRI 2-9 Governance structure and composition
    Management
                                                                                       GRI 2-12 Role of the highest governance body in overseeing the
                       ESG Governance                                                                                                                                 ESRS 2 GOV-1 Governance, risk management and control
                                                                                       management of impacts
                                                                                       GRI 2-13 Delegation of responsibility for managing impacts
About the   Message from   Feature     About Orinko     Sustainable Development   Green and Innovation-       Industrial        Corporate      Low-Carbon        Environmental     Work Safety   Human Resources     Appendix   93
 Report      Chairperson                                      Management          Oriented Development     Co-construction     Governance       Transition       Management       Management      Management
      Chapter              Section                                                    GRI Standards                                                                  ESRS Standards
                           Communication with Stakeholders                            GRI 2-29 Approach to stakeholder engagement                                    ESRS 2 SBM-2 Stakeholder engagement
     Sustainable
    Development                                                                       GRI 3-1 Process to determine the material topics                               ESRS 2 IRO-1 The processes to assess impacts,
                           Evaluation of Materiality Issues
    Management                                                                        GRI 3-2 List of material topics                                                risks and opportunities
                                                                                       GRI 203-1 Infrastructure investments and services supported
                           R&D Innovation                                                                                                                            ESRS E1-5 Energy efficiency and renewable energy
                                                                                       GRI 305-5 Reduction of GHG emissions
                                                                                       GRI 301-1 Materials used by weight or volume                                  ESRS E1-5 Energy efficiency and renewable energy
     Green and             Green Products and Solutions                                GRI 301-2 Recycled input materials used                                       ESRS E5-5 Circular design of products
Innovation-Oriented                                                                    GRI 305-5 Reduction of GHG emissions
   Development
                           Intellectual Property Protection                            /                                                                             ESRS G1-4 Intellectual property protection
                                                                                       GRI 416-1 Assessment of the health and safety impacts of product and          ESRS S4-1 Management of impacts on consumers and
                           Carbon Neutrality Strategic Actions                         service categories                                                            end-users
                                                                                       GRI 417-1 Requirements for product and service information and labeling       ESRS S4-2 Material impacts on consumers and end-users
                                                                                       GRI 2-6 Activities, value chain and other business relationships
                                                                                       GRI 308-1 New suppliers that were screened using environmental criteria       ESRS S2-1 Management of impacts on workers in
     Industrial            Response to Climate Change
                                                                                       GRI 414-1 New suppliers that were screened using social criteria              the value chain
  Co-construction
                                                                                       GRI 417-2 Incidents of non-compliance concerning product and service
                                                                                                                                                                     ESRS S4-1 Management of impacts on consumers and
                           Circular Development                                        information and labeling
                                                                                                                                                                     end-users
                                                                                       GRI 418-1 Substantiated complaints concerning breaches of customer
                                                                                                                                                                     ESRS S4-2 Material impacts on consumers and end-users
                                                                                       privacy and losses of customer data
                                                                                       GRI 2-9 Governance structure and composition
                                                                                       GRI 2-12 Role of the highest governance body in overseeing the
                                                                                                                                                                     ESRS 2 GOV-1 Governance, risk management
                           Governance System of the Listed Company                     management of impacts
                                                                                                                                                                     and control
                                                                                       GRI 2-13 Delegation of responsibility for managing impacts
                                                                                       GRI 2-27 Compliance with laws and regulations
About the   Message from    Feature     About Orinko   Sustainable Development   Green and Innovation-      Industrial      Corporate     Low-Carbon      Environmental    Work Safety    Human Resources     Appendix   94
 Report      Chairperson                                     Management          Oriented Development    Co-construction   Governance      Transition     Management      Management       Management
      Chapter              Section                                                   GRI Standards                                                            ESRS Standards
                                                                                     GRI 2-12 Role of the highest governance body in overseeing the
                                                                                                                                                              ESRS 2 GOV-1 Governance, risk management
                      Internal Audit                                                 management of impacts
                                                                                                                                                              and control
                                                                                     GRI 2-13 Delegation of responsibility for managing impacts
                                                                                     GRI 205-1 Operations assessed for risks related to corruption
     Corporate                                                                                                                                                ESRS G1-1 Business conduct policies
                      Business Ethics                                                GRI 205-2 Communication and training about anti-corruption policies
    Governance                                                                                                                                                ESRS G1-3 Corruption and bribery
                                                                                     and procedures
                                                                                     GRI 418-1 Substantiated complaints concerning breaches of customer       ESRS S4-3 Privacy protection of consumers and
                      Information Security
                                                                                     privacy and losses of customer data                                      end-users
                      Digital Construction                                           /                                                                        /
                                                                                     GRI 201-2 Financial implications and other risks and opportunities
                                                                                     due to climate change                                                    ESRS E1-1 Transition plan
                                                                                     GRI 302-1 Energy consumption within the organization                     ESRS E1-2 Climate change policies
                                                                                     GRI 305-1 Direct (Scope 1) GHG emissions                                 ESRS E1-3 Climate action targets
                      Carbon Neutrality Strategic
                                                                                     GRI 305-2 Energy indirect (Scope 2) GHG emissions                        ESRS E1-5 Emissions reduction across own operations
                                                                                     GRI 305-4 GHG emissions intensity                                        and the value chain
    Low-Carbon                                                                       GRI 305-5 Reduction of GHG emissions                                     ESRS E1-9 GHG emissions
     Transition
                                                                                     GRI 201-2 Financial implications and other risks and opportunities       ESRS E1-1 Transition plan
                      Actions                                                        due to climate change                                                    ESRS E1-2 Climate change policies
                                                                                     GRI 305-1 Direct (Scope 1) GHG emissions                                 ESRS E1-3 Climate action targets
                                                                                     GRI 305-2 Energy indirect (Scope 2) GHG emissions                        ESRS E1-9 GHG emissions
                                                                                     GRI 301-3 Reclaimed products and their packaging materials
                                                                                                                                                              ESRS E5-1 Resource inflows and outflows
                      Response to Climate Change Circular Development                GRI 306-2 Management of significant waste-related impacts
                                                                                                                                                              ESRS E5-5 Circular design of products
                                                                                     GRI 306-4 Waste diverted from disposal
                                                                                     GRI 306-1 Waste generation and significant waste-related impacts         ESRS E2-2 Pollution management
                      Environmental Management
                                                                                     GRI 307-1 Non-compliance with environmental laws and regulations         ESRS E2-3 Targets related to pollution
About the   Message from    Feature    About Orinko    Sustainable Development   Green and Innovation-         Industrial        Corporate       Low-Carbon          Environmental     Work Safety    Human Resources   Appendix   95
 Report      Chairperson                                     Management          Oriented Development       Co-construction     Governance        Transition         Management       Management       Management
      Chapter              Section                                                   GRI Standards                                                                       ESRS Standards
                                                                                     GRI 302-1 Energy consumption within the organization
                      Energy Management                                              GRI 302-3 Energy intensity                                                          ESRS E1-5 Energy efficiency and renewable energy
                                                                                     GRI 302-4 Reduction of energy consumption
                                                                                     GRI 303-1 Interactions with water as a shared resource
                                                                                                                                                                         ESRS E3-1 Policies related to water
                                                                                     GRI 303-2 Management of water discharge-related impacts
                      Water Resource Management                                                                                                                          ESRS E3-2 Management of water resources
                                                                                     GRI 303-3 Water withdrawal
                                                                                                                                                                         ESRS E3-4 Water consumption
                                                                                     GRI 303-4 Water discharge
   Environmental                                                                     GRI 305-7 Nitrogen oxides (NOx), sulfur oxides (SOx), and other
   Management                                                                        significant air emissions                                                           ESRS E2-2 Pollution management
                      Pollution and Emissions Management
                                                                                     GRI 306-2 Management of significant waste-related impacts                           ESRS E2-3 Targets related to pollution
                                                                                     GRI 306-3 Waste generated
                                                                                      GRI 304-1 Operational sites owned, leased, managed in, or adjacent to
                      Ecological Protection and Biodiversity                          protected areas and areas of high biodiversity value outside protected areas       ESRS E4-1 Policies related to biodiversity
                                                                                      GRI 304-2 Significant impacts of activities, products, and services on             ESRS E4-2 Biodiversity management
                                                                                      biodiversity                                                                       ESRS E4-4 Impacts on biodiversity
                                                                                      GRI 304-3 Habitats protected or restored
                                                                                      GRI 403-1 Occupational health and safety management system
                                                                                      GRI 403-2 Hazard identification, risk assessment, and incident investigation       ESRS S1-14 Health and safety
                      Work Safety Management
                                                                                      GRI 403-5 Worker training on occupational health and safety                        ESRS S1-15 Work-related injuries
                                                                                      GRI 403-9 Work-related injuries
                      Dual Prevention Mechanism                                       GRI 403-2 Hazard identification, risk assessment, and incident investigation       ESRS S1-15 Work-related injuries
    Work Safety
    Management
                                                                                      GRI 403-3 Occupational health services                                             ESRS S1-14 Health and safety
                      Occupational Health and Safety
                                                                                      GRI 403-5 Worker training on occupational health and safety                        ESRS S1-15 Work-related injuries
                                                                                      GRI 403-2 Hazard identification, risk assessment, and incident investigation
                      Safety Emergency Response                                                                                                                          ESRS S1-15 Work-related injuries
                                                                                      GRI 403-9 Work-related injuries
About the   Message from    Feature    About Orinko    Sustainable Development   Green and Innovation-      Industrial       Corporate    Low-Carbon       Environmental    Work Safety    Human Resources     Appendix   96
 Report      Chairperson                                     Management          Oriented Development    Co-construction    Governance     Transition      Management      Management       Management
      Chapter         Section                                                        GRI Standards                                                             ESRS Standards
                                                                                      GRI 401-2 Benefits provided to full-time employees that are not
                                                                                      provided to temporary or part-time employees                             ESRS S1-1 Policies related to own workforce
                      Protection of Employee Rights and Interests
                                                                                      GRI 405-1 Diversity of governance bodies and employees                   ESRS S1-4 Non-discrimination and equal opportunities
                                                                                      GRI 406-1 Incidents of discrimination and corrective actions taken
                                                                                      GRI 401-2 Benefits provided to full-time employees that are not
                      Human Resources Management                                      provided to temporary or part-time employees                             ESRS S1-1 Policies related to own workforce
                                                                                      GRI 405-1 Diversity of governance bodies and employees
      Human
     Resources        Employee Communication                                          GRI 2-29 Approach to stakeholder engagement                              /
    Management
                      Employee Development and Training System                        GRI 404-1 Average hours of training per year per employee                ESRS S1-13 Skills development
                                                                                      GRI 404-2 Programs for upgrading employee skills and transition
                      Employee Promotion and Career Development                                                                                                ESRS S1-13 Skills development
                                                                                      assistance programs
                                                                                      GRI 413-1 Operations with local community engagement, impact             ESRS S3-1 Management of impacts on local communities
                      Employee Care and Public Welfare Initiatives
                                                                                      assessments, and development programs                                    ESRS S3-2 Material impacts on local communities

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