健帆生物: 2025年度环境、社会和公司治理(ESG)报告(英文版)

来源:证券之星 2026-06-24 18:07:48
关注证券之星官方微博:
Table of Contents                                                                                                             01                                                        03
                    About?this?Report                                      01
                                                                                  Driving?Industry                                        Advancing?Green
                    Message?from?the?Chairman                              03
                                                                                  Transformation?through                                  Transformation?to
                                                                                  Innovation?and?Collaboration                            Enable?Sustainable?Healthcare
                    About?Us                                               05
                                                                                Innovation?Driven?Development??                    31   Response?to?Climate?Change                        71
                    Annual?Thematic?Initiative?
                                                                                Safety?and?Quality?of?Products?and?Services        42   Environmental?Compliance?Management               74
                    "Love?Life,?Love?Life?More"?–?919?Uremia?Awareness?Day?23
                                                                                Customer?Service                                   48   Resource?Utilization                              79
                                                                                Information?Security?and?Data?Protection           50   Ecosystem?and?Biodiversity?Protection?            84
                                                                                Responsible?Supply?Chain                           53
                    Sustainable?Development
                    Governance
                                                                                  Consolidating?the
                    Governance?Framework?for?Sustainable?Development       25
                    Communications?with?Stakeholders                       26     Foundation?for                                          Building?a?Harmonious
                    Management?of?Material?Topics                          27     Sustainable?Development                                 Workplace?through
                                                                                  through?Steadfast?Governance                            People?Oriented?Development
                    Appendix?                                                   Governance                                         61   Protection?of?Employees'?Rights?and?Interests     87
                                                                                Investor?Relations?Management?and?Shareholders’?   64   Training?and?Development                          93
                                                                                Rights?and?Interests
                                                                                                                                        Occupational?Health?and?Safety                    97
                    Indexes                                               108   Compliant?Operation?and?Risk?Management            66
                                                                                                                                        Social?Contribution                              104
                    Key?Performance?Form                                  109   Business?Ethics                                    68
                    Feedback?Form                                         118
     About?this?Report
     This? is? the? second? Environmental,? Social? and? Governance? (ESG)? Report? published? by? Jafron? Biomedical? Co.,? Ltd.?         Data?Source
     (“Jafron”,?the?“Company”?or?“we”).?In?the?principles?of?objectivity,?standardization,?transparency,?and?comprehensiveness,?
     the? Report? provides? a? detailed? disclosure? of? the? Company's? practices? and? performance? in? environmental,? social,? and?    All?information?and?data?cited?hereunder?are?sourced?from?Jafron's?of?cial?documents,?statistical?reports?and??nancial?
     governance?for?the?year?2025.                                                                                                         reports,? as? well? as? the? sustainable? development? information? collected,? summarized? and? reviewed? by? all? functional?
                                                                                                                                           departments?and?business?units?of?the?Company.
                                                                                                                                           The? Company? guarantees? that? this? report? doesn't? contain? any? false? records,? misleading? statements,? or? material?
                                                                                                                                           omissions.?Unless?otherwise?speci?ed,?all?amounts?in?this?report?are?expressed?in?RMB.
     Reporting?Scope
     This?report?covers?Jafron?and?its?subsidiaries.?Unless?otherwise?stated,?the?scope?of?this?report?is?consistent?with?the?
     scope?of?the?Company's?Annual?Report.                                                                                                 Appellation?Description
                                                                                                                                                                            Term                                                                 De?nition
     Reporting?Period
     This? report? covers? the? period? from? January? 1,? 2025? to? December? 31,? 2025? (the? "Reporting? Period").? To? improve? the?                          Jafron,?the?Company,?we                                                    Jafron?Biomedical?Co.,?Ltd.
     comparability? and? completeness,? some? sections? of? this? report? may? be? appropriately? referred? to? previous? years? or?
     contains?forward?looking?statements.                                                                                                                              Beijing?Jafron                                             Beijing?Jafron?Medical?Equipment?Co?Ltd.
                                                                                                                                                                        Hubei?Jafron                                                  Hubei?Jafron?Biotechnology?Co.,?Ltd.
     Preparation?Basis
         Shenzhen?Stock?Exchange?Self?Regulatory?Guidelines?No.?17?for?Companies?Listed?on?Shenzhen?Stock?Exchange—Sustainability?                                 Jianfu?Pharmaceutical                                            Zhuhai?Jianfu?Pharmaceutical?Co.,?Ltd.
         Report?(For?Trial?Implementation)
         Shenzhen?Stock?Exchange?Self?Regulatory?Guidelines?No.?3?for?Listed?Companies?on?the?Shenzhen?Stock?Exchange????Preparation?
         of?Sustainability?Reports                                                                                                         Con?rmation?and?Approval
         Global?Reporting?Initiative?Sustainability?Reporting?Standards?(GRI?Standards)                                                    This?report?was?approved?by?the?Board?of?Directors?of?the?Company?for?publication?on?April?27,?2026.The?Board?pledges?to?exercise?
                                                                                                                                           oversight? over? the? contents? of? this? report,? ensuring? its? absence? of? any? false? records? or? misleading? representations,? and? assuming?
         China?Enterprise?Reform?and?Development?Society?Guide?to?Corporate?Sustainability?Reporting?in?China?(CASS?ESG?6.0)
                                                                                                                                           responsibility?for?its?truthfulness,?accuracy?and?completeness.
         Task?Force?on?Climate?related?Financial?Disclosures?(TCFD)?Recommendations
         United?Nations?Sustainable?Development?Goals?(SDGs)
                                                                                                                                           Access?to?this?Report
         Sustainability?Accounting?Standards?Board?(SASB)?Standards
                                                                                                                                           This? report? can? be? accessed? and? downloaded? from? the? websites? of? the? Company? (https?//www.jafron.com),? the? Shenzhen? Stock?
                                                                                                                                           Exchange? (http?//www.szse.cn)? and? Cninfo? (https?//www.cninfo.com.cn).? This? report? is? published? in? both? Chinese? and? English.? The?
                                                                                                                                           English?version?is?a?translation?of?the?Chinese?version.?For?any?discrepancy?between?the?Chinese?version?and?the?English?version,?the?
                                                                                                                                           Chinese?version?shall?prevail.
     Message?from?the?Chairman
     Dear?shareholders,?partners,?and?friends?
     Hello,?everyone!                                                                                                                                     Reinforcing?Governance?Foundations,?Ensuring?Compliance?Excellence
     On?the?occasion?of?the?publication?of?Jafron's?2025?Environmental,?Social?and?Governance?(ESG)?Report,?I?would?like,?on?behalf?of?the?               Robust? corporate? governance? is? the? lifeline? of? enterprises? and? underpins? sustainable? growth.? In? 2025,? we? further? optimized? our?
     Board?of?Directors,?to?extend?my?sincere?gratitude?to?your?ongoing?support?and?trust?in?our?company.                                                 governance? structure,? enhanced? the? effectiveness? of? the? Board? of? Directors? and? its? specialized? committees,? and? improved? the? rigor?
                                                                                                                                                          and?transparency?of?our?decision?making?processes.?We?remained?steadfast?in?our?commitment?to?lawful?and?compliant?operations,?
     Creating?Social?Value,?Driving?Innovation?Led?Development
                                                                                                                                                          continuously?strengthening?internal?controls?and?enterprise?risk?management?systems.?We?also?reinforced?our?culture?of?integrity?and?
     Jafron? remains? ?rmly? focused? on? the? medical? device? sector,? with? the? strategic? objective? of? strengthening? domestic? production?        ethical? conduct,? promoting? clean? governance? and? responsible? business? practices? throughout? the? organization.? In? December? of? the?
     capabilities? in? advanced? medical? devices.? We? continue? to? drive? industrial? upgrading? through? innovation,? fostering? an? integrated?      same?year,?the?Private?Enterprise?Compliance?Association?of?Guangdong?Province?was?established.?I?was?honored?to?be?elected?as?its?
     ecosystem? that? connects? industry,? academia,? research? institutions? and? clinical? practice.? This? collaborative? model? is? intended? to?     inaugural?President,?marking?a?high?level?of?industry?recognition?for?Jafron's?achievements?in?compliance?system?development?and?
     accelerate?the?translation?of?proprietary?technologies?from?laboratory?research?to?clinical?application,?and?from?domestic?deployment?               re?ecting? our? long?standing? commitment? to? a? compliance??rst? and? prudent? operating? philosophy.? In? addition,? we? place? strong?
     to?global?markets.?In?2025,?we?further?increased?investment?in?research?and?development,?intensi?ed?efforts?to?achieve?breakthroughs?                emphasis?on?investor?relations?and?are?committed?to?disclosing?true,?accurate?and?complete?information?in?a?timely?manner.?We??rmly?
     in? critical? core? technologies,? and? accelerated? the? commercialization? of? scienti?c? achievements,? delivering? clinically? differentiated?   believe?that?a?strong?governance?foundation?is?essential?to?long?term,?high?quality?development.
     solutions? that? address? evolving? patient? needs.? From? the? development? of? our? ?rst? resin?based? hemoperfusion? cartridge? to? a?
                                                                                                                                                          Looking? ahead,? Jafron? will? remain? steadfast? in? its? mission? of? "Health? Technology? for? a? Better? World".? We? will? pursue? technological?
     comprehensive? portfolio? spanning? six? major? areas—including? treatment? of? kidney,? liver? and? critical? diseases—we? will? continue? to?
                                                                                                                                                          innovation? with? a? strong? sense? of? responsibility,? reinforce? organizational? resilience? through? robust? governance,? and? contribute? to?
     expand? the? clinical? boundaries? of? hemoadsorption? technologies,? enhancing? the? global? reach? and? impact? of? "Created? in? China"?
                                                                                                                                                          sustainable?development?through?environmentally?responsible?practices.?Together?with?our?stakeholders,?we?will?continue?to?create?
     innovations?in?advancing?human?health.
                                                                                                                                                          long?term?value?and?contribute?to?a?healthier?and?more?sustainable?future.
     At? present,? China? has? approximately? 120? million? patients? with? chronic? kidney? disease? and? more? than? 3? million? uremia? patients?
     worldwide.?To?help?uremia?patients?progress?from?merely?extending?survival?to?rebuilding?quality?of?life,?we?formally?joined?forces?with?
     Xinhuanet,? the? China? Population? Welfare? Foundation? and? other? partners? to? jointly? advocate? for? the? establishment? of? "919? Uremia?
     Awareness? Day"? in? 2025,? encouraging? broader? social? awareness? and? support? for? uremia? patients.? In? collaboration? with? healthcare?
     institutions,? non?pro?t? organizations? and? media? partners,? we? implemented? a? series? of? public? welfare? initiatives,? including? health?
     education,? patient? assistance? and? rehabilitation? support? programs.? Through? sustained? engagement? in? philanthropic? activities,? we?
     strive? to? extend? care? and? support? to? underserved? populations.? We? remain? committed? to? a? people?centric? approach,? continuously?
     improving? employee? career? development? pathways? and? strengthening? occupational? health? and? safety? management? systems,? while?
     fostering?an?equitable,?inclusive?and?dynamic?workplace.?In?parallel,?we?uphold?stringent?quality?and?safety?standards?across?the?full?
     product?lifecycle—from?research?and?development?to?manufacturing?and?post?market?services—to?safeguard?user?safety?and?health.
     Embedding?Environmental?Responsibility,?Pursuing?Sustainable?Growth
     As? a? manufacturer? of? medical? devices,? we? are? fully? aware? of? the? environmental? footprint? associated? with? our? production? and?                      Jafron?Biomedical?Co.,?Ltd.
     operations.?In?2025,?we?continued?to?advance?our?green?manufacturing?system?by?increasing?investment?in?environmental?protection?
                                                                                                                                                                        Chairman
     infrastructure,?optimizing?process?ef?ciency,?and?rigorously?complying?with?applicable?environmental?laws?and?regulations.?We?further?
     strengthened?emissions?control?and?promoted?recycling?of?materials?across?our?operations.?Through?these?efforts,?we?are?committed?
                                                                                                                                                                        Dong?Fan
     to?building?a?resource?ef?cient?and?environmentally?responsible?enterprise,?contributing?to?ecological?conservation?and?the?broader?
     objective?of?building?a?beautiful?China?characterized?by?harmonious?coexistence?between?man?and?nature.
     About?Us
     Company?Pro?le
     Founded? in? 2002,? Jafron? Biomedical? Co.,? Ltd.? is? a? company? listed? on? the? ChiNext? Market? of? the? Shenzhen?
     Stock? Exchange? (A?shares)? (Stock? Code?? 300529),? specializing? in? the? R&D,? manufacturing? and? sales? of?
     biomedical? materials? and? advanced? medical? devices.? The? Company's? core? business? focuses? on?
     hemopuri?cation?products?and?technologies.?The?Company?ranks?among?the?top?Chinese?listed?companies?
     in?the?medical?device?sector?by?market?capitalization.?It?was?recognized?with?prestigious?awards?such?as?the?
     “Golden?Bull?Award?for?Best?Investment?Value"?for?2017,?2018,?2019?and?2021?and?“Top?50?ChiNext?Listed?
     Companies"? for? four? consecutive? years.? In? 2019,? it? was? honored? as? the? “Listed? Company? with? Best?
     Shareholder? Return"? and? with? China's? Financial? Annual? Champion? Award? for? ChiNext? Market? Listed?
     “Competitive? Enterprise".? Jafron? was? also? named? one? of? the? “Hurun? China? 100? Most? Valuable? Non?State?
     Controlled?Healthcare?Companies?2020".?In?the?past?three?years?alone,?the?Company?has?contributed?nearly?
     RMB?1.129?billion?in?taxes.
     Jafron?has?earned?numerous?accolades,?including??the?Second?Prize?of?the?National?Science?&?Technology?
     Progress? Award,? the? First? Prize? of? Guangdong? Science? &? Technology? Progress? Award,? and? Golden? Bridge?
     Award?of?China?Technology?Market?Association;?and?it?has?been?recognized?as?a?Key?High?Tech?Enterprise?
     under?China’s?Torch?Program,?National?Manufacturing?Single?product?Champion?Demonstration?Enterprise?
     and?National?Technology?Innovation?Demonstration?Enterprise.?The?Company?has?undertaken?several?major?
     national?and?provincial?science?and?technology?projects,?including??two?National?Key?New?Product?Projects,?
     three? Projects? under? China’s? Torch? Program,? National? Industrial? Revitalization? and? Technological?
     Transformation? Projects,? National? Major? Scienti?c? and? Technological? Achievements? Commercialization?
     Projects,?12th?Five?Year?Plan?Science?and?Technology?Support?Program,?Open?Bidding?for?Selecting?the?Best?
     Candidates? Program,? Guangdong? Strategic? Emerging? Industry? Core? Technology? Research? Program.? It? has?
     received? approvals? to? establish? National? Enterprise? Technology? Center,? Academician? Workstation,?
     Postdoctoral? Research? Workstation,? Provincial? Engineering? Research? Center,? Provincial? Key? Enterprise?
     Laboratory,? Provincial? Engineering? Technology? Development? Center? and? Provincial? Postdoctoral?
     Workstation.?Jafron?was?among?the??rst?companies?in?China?and?the?second?in?Guangdong?Province?to?pass?
     the? medical? device? GMP? inspection.? Its? products? have? received? CE? certi?cation? and? ISO? quality? system?
     certi?cation.? The? Company? has? been? rated? as? a? Class? A? Medical? Device? Manufacturer? in? Guangdong’s?
     Quality?Credit?Evaluation?for?12?consecutive?years.?In?2019,?Jafron?was?recognized?as?a?“Model?Enterprise?in?
     the?Pharmaceutical?Industry”?in?celebration?of?the?70th?Anniversary?of?the?Founding?of?New?China.
     At? the? core? of? Jafron's? portfolio? are? its? proprietary,? world?leading? hemoperfusion? cartridges,? blood?
     puri?cation? equipments,? and? its? pioneering? clinical? medical? technologies? such? as? direct? blood? adsorption,?
     DPMAS,? combined? arti?cial? kidney? and? HA+CPB? technologiesworld?leading? hemoperfusion? devices,? resin?
     perfusion? with? whole? blood,? arti?cial? liver,? hybrid? arti?cial? kidney? and? HA+CPB? technologies.Jafron's?
     solutions? are? deployed? across? more? than? 6,000? hospitals? in? over? 30? provinces? throughout? China,? and? are?
     exported?to?over?90?countries?worldwide,?including?Germany,?the?United?Kingdom?and?Italy.?These?products?
     and?technologies?play?a?critical?role?in?managing?severe?and?life?threatening?conditions?such?as?uremia,?liver?
     failure,? poisoning? and? systemic? lupus? erythematosus.? Jafron's? solutions? touch? hundreds? of? thousands? of?
     patients?each?year.
     Since? the? commissioning? of? its? blood? puri?cation? R&D? and? production? facility? (Jafron? Science? and?
     Technology?Park)?in?2015,?Jafron?has?expanded?with?three?production?bases?in?Zhuhai?and?new?production?
     and? innovation? centers? in? strategic? regions? including? Beijing?Tianjin,? Guangzhou?Shenzhen? and? Hubei?
     Province.?This?geographic?footprint?supports?a?balanced?industrial?layout?across?South,?Central?and?North?
     China.
     Looking? forward,? Jafron? is? advancing? a? holistic? blood? puri?cation? ecosystem? that? integrates? blood?
     puri?cation?equipments,?consumables,?pharmaceuticals,?insurance?solutions,?chronic?disease?management?
     and? healthcare? services.? This? full?spectrum? blood? puri?cation? value? chain? will? support? the? Company's?
     evolution?into?a?diversi?ed,?globally?recognized?healthcare?group?and?its?vision?to?"?Become?a?World?class?
     High?tech?Medical?Technology?Group".
     Business?Layout
                                                         Jafron’s?Global?Footprint
          Presence?in?        ???
          (including?Europe,?Asia,?the?Middle?East,?
          Africa?and?South?America)
          Collaboration?with????????????????????????+?
          hospitals?worldwide
     Corporate?Culture
                                                                                               Vision
                                                                                               Become?a?World?class?High?tech?Medical
                                                                                               Technology?Group
     Core?Values
     Innovation??Innovation?is?the?primary?engine?of?our?growth.?By?embracing?
     breakthroughs? and? taking? on? challenges,? we? sustain? our? industry?
     leadership.
     Dedication?? We? uphold? a? pragmatic? and? execution?focused? work? ethic.?
     Through? disciplined? implementation? and? a? results?oriented? approach,? we?            Corporate?Spirit
     ensure?consistent?delivery?of?high?quality?outcomes.
                                                                                               Think?Before?You?Act;?Persevere?Without?Retreat
     Advancing?? Continuous? improvement? is? our? enduring? pursuit.? We? are?
     committed? to? ongoing? capability? enhancement,? with? today's? highest?
     standards?becoming?tomorrow's?baseline.
     Sharing???Creating?shared?value?is?the?ultimate?goal?of?our?efforts.?We?are?
     committed? to? sharing? the? bene?ts? of? our? development? with? employees,?
     shareholders,?customers?and?the?broader?community.
     Business?Philosophy
     Striver?Centered?? Our? employees? are? our? most? valuable? asset.? We? are?
     dedicated?to?fostering?an?enabling?environment?that?supports?professional?
     growth,? maximizes? individual? potential,? and? aligns? personal? development?
                                                                                               Mission
     with?organizational?objectives.                                                           Health?Technology?for?a?Better?World
     Building? Excellence? through? Expertise?? We? adhere? to? the? principle? of?
     cultivating?and?leveraging?highly?skilled?talent.?By?employing?state?of?the?
     art? production? facilities,? advanced? manufacturing? technologies? and?
     comprehensive?inspection?systems,?we?deliver?high?quality?products?and?
     maintain?our?industry?leading?position.
     Quality?Driven?? This? principle? underpins? our? approach? to? entering? the?
     market?with?our?products?and?services,?and?serves?as?the?foundation?and?
     starting?point?of?all?that?we?offer.
     Integrity? in? Service?? Customer? satisfaction? is? the? ultimate? objective? of? all?
     our?efforts.
     Development?Milestones
                                                  Received?the?Second?Prize?of?National?
                                                  Science?&?Technology?Progress?Award
                                                                                                                                                    Honored? as? a? “National? Manufacturing? Single?product?
                                                                                                                                                    Published?the?Hemoperfusion?in?Maintenance?Hemodialysis?
                                                                                                                                                                                                                             Customer? Service? Center? recognized? as?
                                                                                                                                                                                                                             "National?March?8th?Red?Banner?Collective”
                                                                                                Recognized? as? a? "National? Advanced? Private?
        Introduced? the? "Jafron"? trademark?                                                                                                       Patients? and? Blood? Puri?cation? Standard? Operating?
                                                                                                Enterprise?in?the?Fight?Against?COVID?19"                                                                                    Initiated? the? establishment? of? "919? Uremia?
        and?established?a?proprietary?brand                                                                                                         Procedures?(2021?Edition)
                                                                                                                                                                                                                             Awareness? Day",? with? cumulative? contributions?
                                                                                                Jafron?products?included?in?severe?COVID?19?                                                                                 to? public? welfare? initiatives? totaling? RMB? 20?
                                                                                                treatment?guidelines?across?many?countries                                                                                   million.
                                                 Renamed?"Zhuhai?Jafron?
                                                 Biotechnology?Co.,?Ltd.”
                                                                                                  Summit?on?Hemoadsorption
                                                                                                                                                     Zhuhai?Jinding?Industrial?Park?commenced?production
        Launched? ?agship? product? HA130?
                                                                                                                                                    Recognized? as? a? "National? Technology? Innovation?
        Disposable?Hemoperfusion?Cartridge?
                                                                                                                                                    Demonstration?Enterprise",?"National?Enterprise?Technology?
        and? promoted? Combined? Arti?cial?
                                                                                                                                                    Center"? and? "National? Model? Enterprise? for? Harmonious?
        Kidney?Therapy?nationwide
                                                                                                                                                    Labor?Relations”
                                                                                                                                                                                                                             Its? resin? adsorption? technology? awarded? the?
                                                 Jafron?Science?and?Technology?                                                                                                                                              “People's?Craftsmanship?Technology?Award”
                                                 Park?headquarters?completed?and?
                                                                                                                                                                                                                             Selected? as? a? "2024? Healthy? China? Innovative?
                                                 operational
                                                                                                                                                                                                                             Practice?Case”
                                                                                                Major? results? achieved? in? multicenter? RCT?
                                                                                                study? of? HA130? Disposable? Hemoperfusion?
                                                                                                Cartridge
                                                                                                                                                     Awarded?the?First?Prize?of?Guangdong?Science?&?Technology?
                                                                                                                                                     Progress?Award
        Completed? ownership? restructuring?
                                                                                                                                                     Selected? for? the"Open? Bidding? for? Selecting? the? Best?
        and? embarked? on? entrepreneurial?
                                                                                                                                                     Candidates"? program;? the? only? company? in? Guangdong? to?
        transformation
                                                                                                                                                     undertake? development? of? medical?grade? polyethersulfone?
                                                 Listed? on? the? ChiNext? Market? of? the?                                                          materials
                                                 Shenzhen?Stock?Exchange?(A?shares)                                                                  Successfully?hosted?the?2nd?International?Hemoadsorption?
                                                 DPMAS? included? in? the? Arti?cial? Liver?                                                         Summit
                                                 Therapy?Guidelines
        Established?the?company
     Proprietary?Products                                                                                                                              Product?Category   Clinical?Applications
                                                                                                                                                                                        Product?Category   Clinical?Applications Product?Models                       Product?Models
     Since? launching? its? ?rst? HA? series? hemoperfusion? cartridge? in? 2002,? Jafron? has? dedicated? over? 24? years? to? advancing? adsorption?
     technology.? It? currently? holds? 29? medical? device? registration? certi?cates,? including? 25? Class? III? certi?cates,? spanning? across? the?                                                                                  Comprehensive? range? of? hemodialysis? concentrates? and? powders,?
     industrial?chain?of?both?consumables?and?medical?devices?in?the?blood?puri?cation??eld.                                                                                                                                              including? high?potassium? formulas,? citrate?based? solutions/powders,?
                                                                                                                                                                                                                                          glucose?containing? solutions,? and? solutions? with? varying? calcium? ion?
                                                                                                                                                                                                            Acute?and?chronic
                                                                                                                                                                                      Dialysis?Products                                   concentrations
                                                                                                                                                                                                            renal?failure
        Product?Category        Clinical?Applications                                          Product?Models                                                                                                                             13?speci?cations?of?High??ux?Hemodialyzers
                                                                  HA?Series?Disposable?Hemoperfusion?Cartridges
                                  Kidney?Diseases                 KHA?Series?Disposable?Hemoperfusion?Cartridges
                                                                  pHA?Series?Disposable?Hemoperfusion?Cartridges
                                                                  HA330?II?and?HA60?Disposable?Hemoperfusion?Cartridges
                                  Liver?Diseases
                                                                  BS330?and?BS80?Disposable?Plasma?Bilirubin?Adsorption?Columns
         Hemoperfusion
                                                                  HA330?Disposable?Hemoperfusion?Cartridges?for?acute?poisoning?interventions                                         Product?Category                       Clinical?Applications                                         Product?Models
            Cartridges
                                                                  HA380? Disposable? Hemoperfusion? Cartridges? which? is? widely? used? in?
                                                                  cardiac? surgery,? severe? acute? pancreatitis? (SAP),? multiple? organ?
                                  Critical?Diseases               dysfunction? syndrome? (MODS),? acute? respiratory? distress? syndrome?
                                                                                                                                                                                                                                                                               DX?10?Blood?Puri?cation?Machine
                                                                  (ARDS),?sepsis/septic?shock,?severe?burns,?etc.                                                                     Blood?Puri?cation         Medical? devices? that? provide? extracorporeal?
                                                                                                                                                                                         Equipment              circulation? drive? and? safety? monitoring? for?               JF?800A?Hemoperfusion?Machine
                                                                  CA330? Cytokine? Adsorption? Column? that? is? speci?cally? designed? to?
                                                                                                                                                                                                                clinical?blood?puri?cation
                                                                  reduce?cytokine?levels?in?septic?patients                                                                                                                                                                     Future?F20?Hemoadsorption?Equipment
                                                                  HA280?Disposable?Hemoperfusion?Cartridges?indicated?for?autoimmune?
                                                                  diseases? such? as? anaphylactoid? purpura,? psoriasis? and? rheumatoid?
                                  Immunology                      arthritis
                                                                  DNA230?Immunosorbent?Column?indicated?for?systemic?lupus?erythematosus
                                                                                                                                                    Combined?Arti?cial?Kidney?Therapy??This?therapy?combines?hemoperfusion?with?hemodialysis?to?achieve?broad?spectrum?removal?of?
                                                                      Clinical?Applications
                                                                                                                                                    uremic? toxins.? By? integrating? the? complementary? mechanisms? of? perfusion? and? dialysis,? the? system? signi?cantly? enhances? the?
                                                                                                                                                    clearance?of?medium?to?large?molecules?and?protein?bound?uremic?toxins—offering?a?more?effective?solution?than?conventional?blood?
          Poisoning                               Uremia                                Liver?Diseases                      Critical?Care           puri?cation?methods.
                                                                                                                Severe?acute?pancreatitis?(SAP)                                                             Combined?Arti?cial?Kidney?Therapy
         Pesticide                Treatment?and?prevention?of                       Liver?failure
         poisoning                dialysis?complications,?including?                                            Cardiac?surgery
                                                                                    Hepatic?encephalopathy
         Drug?poisoning           Hypotension,?arrhythmia,?muscle                                               Severe?burns
                                  cramp,?hypoxemia,?pruritus,?air                   Hyperbilirubinemia
         ……                                                                                                     Trauma
                                                                                                                                                                                                                                                       Hemoperfusion?Cartridge
                                  embolism,?hemolysis,?sleep                        Cholestatic?liver?disease
                                                                                                                                                                                                                                                         HA130?Disposable
                                                                                                                                                                                                                                    Hemodialyzer
                                  disorders,?subdural?hematoma                                                  Sepsis/septic?shock
                                                                                    Perioperative?treatment
                                  ......                                                                        Acute?respiratory?distress
                                                                                    in?liver?transplantation
                                                                                                                syndrome?(ARDS)
                                                                                    ......
                                                                                                                Multiple?organ?dysfunction
                                                                                                                syndrome?(MODS)
                                                                                                                ......
                                                                                                                                                    Double?Plasma?Molecular?Absorb?System?(DPMAS)??DPMAS?is?an?innovative?arti?cial?liver?therapy?pioneered?by?Jafron.?It?combines?
       Estimated?Market?
           Potential                             200?
                                           RMB???????????+?billion                           100?
                                                                                      RMB??????????+?billion                   200?
                                                                                                                         RMB???????????+?billion    two?proprietary?products—an?ion?exchange?resin?based?bilirubin?adsorption?column?(BS330)?and?a?neutral?macroporous?resin?based?
                                                                                                                                                    hemoperfusion?cartridge?(HA330?II)—to?create?a?synergistic?blood?puri?cation?effect.?DPMAS?can?be?used?either?independently?or?in?
                                                                                                                                                    combination? with? plasma? exchange? and? other? therapies.? It? enables? rapid? symptom? relief,? increases? treatment? success? rates? and?
                                                                                                                                                    improves?prognosis?outcomes.?It?is?indicated?for?liver?failure,?hepatopulmonary?syndrome?and?multiple?organ?dysfunction?syndrome?
                                                                                                                                                    (MODS),?regardless?of?etiology.
     Proprietary?Technologies                                                                                                                                                                                            DPMAS
     Direct?Blood?Adsorption??This?blood?puri?cation?therapy?involves?drawing?a?patient's?blood?into?an?external?circulation?system,?where?
     endogenous?and?exogenous?metabolic?waste,?toxins?and?residual?drugs?are?removed?through?adsorption?by?specialized?resins?within?                              Anticoagulant                                                         Blood?pump
     the? hemoperfusion? cartridge.? Leveraging? its? expertise? in? encapsulation? technology,? carrier? preparation,? ligand? engineering? and?                                         Blood?pump
     medical?grade?puri?cation?processes,?the?Company?has?developed?adsorbents?with?outstanding?biocompatibility,?clinical?grade?safety?
     and?speci?c?adsorption?performance,?enabling?safe?direct?contact?with?human?blood.
                                                                                                                                                                                                      Plasma?separator
                                                                     Direct?Blood?Adsorption
            Anticoagulant
                                Blood?pump
                                                                                                                                                    HA+CPB?? This? technique? involves? incorporating? the? HA380?
                                                                                                                                                                                                                                                                                 HA+CPB
                                                                                                                                                    Disposable? Hemoperfusion? Cartridge? into? a? cardiopulmonary?
                                                                                                                                                    bypass? (CPB)? circuit.? Blood? is? diverted? from? a? side? branch? of? the?
                                                                                                                                                    oxygenator?through?the?cartridge?and?then?returned?to?the?reservoir.?                                                                  Blood?tank
                                                                                                                                                    During? this? process,? synthetic? resins? effectively? adsorb?
                                                                                                                                                    in?ammatory? mediators? generated? during? CPB? treatment,? helping?
                                                                                                                                                    to? mitigate? cytokine? storm? cascades.? This? signi?cantly? reduces?
                                                                                                                                                    systemic?in?ammatory?responses?during?extracorporeal?circulation?
                                                                                                                                                    in? adult? patients,? stabilizes? organ? function? and? improves? overall?                                                            Oxygenator
                                                                                                                                                    prognosis.? The? technology? has? been? widely? adopted? in? cardiac?
                                                                                                                                                    surgery?and?other?treatment?scenarios.
     Production?Capacity?Layout                                                                                                                              Hubei?Regional?Footprint??In?December?2021,?the?Hubei?Jafron?Industrial?
                                                                                                                                                             Park?was?completed?and?commenced?operations,?undertaking?multiple?
                                                                                                                                                             projects? across? Jafron's? integrated? blood? puri?cation? value? chain.?
     The? Zhuhai? region? serves? as? Jafron's? corporate? headquarters? and? principal? hub? for? research? and? development,? manufacturing? and?
                                                                                                                                                             Positioned? as? a? leading? domestic? manufacturing? base? for? blood?
     operational? management.? Jafron's? self?funded? blood? puri?cation? R&D? and? production? facility? (Jafron? Science? and? Technology? Park?
                                                                                                                                                             puri?cation?consumables?and?equipment,?the?park?is?expected?to?deliver?
     South?Campus)?was?completed?and?commenced?operations?in?2015,?covering?32,000?square?meters?of?land?and?a?total??oor?area?of?
                                                                                                                                                             more?premium,?original?Chinese?blood?puri?cation?products?to?markets?
                                                                                                                                                             across? China? and? globally,? serving? as? an? important? strategic? pillar? for?
     occupying?over?18,000?square?meters?of?land?and?a?total??oor?area?of?approximately?55,000?square?meters.?Connected?to?the?South?
                                                                                                                                                             Jafron?in?Central?China.
     Campus? via? the? "Jafron? Bridge",? the? uni?ed? complex? now? stands? as? one? of? the? world's? largest? and? most? advanced? R&D? and?
                                                                                                                                                                                                                                                                                Hubei?Production?Base
     manufacturing?centers?for?hemodialysis?and?hemoperfusion?products?and?solutions.
     In?addition,?the?Jinding?Industrial?Park?in?Zhuhai,?developed?by?Jafron,?spans?nearly?90,000?square?meters.?The?Phase?I?work,?covering?                 Beijing/Tianjin? Regional? Footprint?? In? December? 2013,? Jafron? acquired?
     approximately?75,000?square?meters?of?total??oor?area,?was?completed?and?operational?in?2022.?The?Phase?II?work?is?planned?to?add?                      Beijing?Jafron?Medical?Equipment?Co.,?Ltd.,?which?primarily?engages?in?
     another? 100,000? square? meters? of? construction? area.? Once? fully? completed,? the? park? will? focus? on? the? production? of? hemoperfusion?     the? production? and? sale? of? the? DX?10? Blood? Puri?cation? Machine? and?
     cartridges,? nano?grade? medical? materials,? hemodialyzers? and? plasma? separators,? among? others.? It? is? poised? to? become? one? of? the?        related? products.? In? 2017,? Jafron? acquired? Tianjin? Standard? Biological?
     world's?largest?and?most?technologically?advanced?production?bases?for?blood?puri?cation?devices?and?consumables.                                       Preparation?Co.,?Ltd.,?which?facilitated?the?formation?of?the?Tianjin?R&D?
     Meanwhile,?the?Jianshu?Core?Hemopuri?cation?Material?R&D?and?Production?Base,?located?in?Zhuhai?Gaolan?Port?Economic?Zone?and?                          and?production?base?for?blood?puri?cation?products.?This?base?focuses?
     positioned?as?a?technology?driven?manufacturing?base,?is?owned?and?operated?by?Jafron's?subsidiary?Zhuhai?Jianshu?New?Materials?                        on? the? research,? development,? production? and? sales? of? blood?
     Technology? Co.,? Ltd.? The? Phase? I? construction? of? the? biomaterials? project? was? structurally? completed? in? August? 2022? and? will? soon?   puri?cation? products? such? as? Hemodialysis? Powder? and? Concentrate? ,?
     incorporate?fully?automated,?high?ef?ciency?resin?production?lines.?Upon?completion,?it?will?become?a?leading?raw?materials?production?                 effectively?serving?demand?across?the?North?China?market.
                                                                                                                                                                                                                                                                               Tianjin?Production?Base
     base? with? top?tier? automation? and? process? capabilities? in? the? ?ne? chemical? industry.? In? the? pharmaceuticals? ?eld,? Jianfu?
     Pharmaceutical,? a? subsidiary? with? its? 10%? equity? owned? by? Jafron? and? controlled? by? the? Company's? ultimate? bene?cial? owner,? is?
     developing?a?pharmaceuticals?R&D?and?production?base.?Phase?I?of?this?project,?spanning?approximately?130?mu?(about?86,700?square?                      Through?these?strategic?deployments,?Jafron?has?established?an?industrial?footprint?anchored?by?its?Zhuhai,?Hubei?and?Beijing/Tianjin?
     meters)?and?involving?a?planned?investment?of?around?RMB?1.5?billion,?was?structurally?completed?in?2023,?aiming?to?build?a??rst?class?                 bases,? creating? a? regional? network? spanning? South? China,? Central? China? and? North? China.? This? layout? provides? solid? manufacturing?
     pharmaceutical?research?and?production?base?in?the?near?future.                                                                                         capacity?to?support?the?Company's?continued?focus?on?the?blood?puri?cation?sector?and?its?pursuit?of?high?quality?development.
                                                                                                                                                                                                                                                                                Beijing/Tianjin?·?Blood?Puri?cation
                                                                                                                                                                                                                                                                                         Products?Production?Base
                                                                                                                                                                                                                                                    Beijing
                                                                                                                                                                                                                                                       Tianjin
                                                                                                                                                                             Hubei?·?Blood?Puri?cation
               Jafron?Science?and?Technology                 Jafron?Science?and?Technology                      Jinding?Industrial?Park                                       Products?Production?Base
                    Park?South?Campus                              Park?North?Campus
                                                                                                                                                                                                                                              Hubei
                                                                                                                                                                                                                                               Guangdong
                                                                                                                                                                                                                                                   Zhuhai?·?Group?Headquarters?&
                                                                                                                                                                                                                                                  Blood?Puri?cation?Industrial?Cluster
              Jianshu?New?Materials?Production                                           Jianfu?Pharmaceutical
                  Base?(under?development)                                        (equity?af?liate,?under?development)
     Honors?in?2025
     Honors
           Second?Prize?of?Guangdong?Science?and                              National?March?8th?                                     Guangdong?Guangcai?
              Technology?Progress?Award?2024                                 Red?Banner?Collective                                 Program?Contribution?Award
                People's?Government?of?Guangdong?Province                     All?China?Women’s?Federation                         CPC?Guangdong?Provincial?Committee;?
                                                                                                                                 People's?Government?of?Guangdong?Province
                                                                     Honorary?Certi?cate?for?Contributions?to?the?
          Commendation?under?the?“Hundred?Associations?&?              High?Quality?Development?Project?for?                     Outstanding?Contribution?Award
               Ten?Thousand?Enterprises"?Initiative                  Hundreds?of?Counties,?Thousands?of?Towns?
                                                                                                                                    of?the?Navigator?Program
                                                                        and?Tens?of?Thousands?of?Villages
               Guangdong?Federation?of?Industry?&?Commerce                                                                                 China?Medical?Tribune
                                                                         United?Front?Work?Department?of?the?CPC
                                                                             Guangdong?Provincial?Committee
              Top?100?Innovative?Enterprises?in?Zhuhai                Top?100?Innovative?Enterprises?in?Zhuhai?                           Urban?Industrial
                     Zhuhai?Municipal?Bureau?of?Science?                    Zhuhai?Municipal?Bureau?of?Science                           Management?Committee?of
                         &?Technology?Innovation                                &?Technology?Innovation                          Zhuhai?Hi?tech?Industrial?Development?Area
        Development?of?Zhuhai's?Medical?Device?Industry            Development?of?Zhuhai's?Medical?Device?Industry              Excellence?Leadership?Gold?Award
              Zhuhai?Association?for?Medical?Devices?Industry         Zhuhai?Association?for?Medical?Devices?Industry           Market?Supervision?Administration?of?Zhuhai
                                                                                                                               National?High?Tech?Industrial?Development?Zone
                                                                                                                               Women's?Initiative?for?Beautiful?Courtyards?
                                                                                                                                Supporting?the?High?Quality?Development?
          Green?Development?Benchmark?Enterprise?in?Zhuhai
                                                                       Humanitarian?Commitment?Award                         Project?for?Hundreds?of?Counties,?Thousands?of?
           National?High?Tech?Industrial?Development?Zone
                                                                                                                                Towns?and?Tens?of?Thousands?of?Villages
                   Greening?Committee?Of?ce?of?Zhuhai
              National?High?Tech?Industrial?Development?Zone                    Zhuhai?Red?Cross?Society                                Zhuhai?Women's?Federation
                          Golden?Bull?Award                                    SSE?Eagle?·?Gold?Quality                         Tianma?Award?for?Investors?Relation?
                    (2024?Golden?Disclosure?Award)                                2025?ESG?Award                               Management?and?Shareholders?Returns
                          China?Securities?Journal                              Shanghai?Securities?News                                    Securities?Times
     Product?Honors
     Awarding?Authority
     Zhuhai?Municipal?Bureau?of
     Science?&?Technology?Innovation
                                                                (CRRT?Tubing?Sets??–?DX-CH,?DX-DF,?DX-                  (Disposable?Plasma?Separators?–?JMPS?05,?               (Disposable?Hemoperfusion?Cartridges?–?     (Disposable?Hemoperfusion?Cartridges?–?          (Disposable?Hemodialyzer?–?BT?101?01?1,?
                                                                DP,?AT-01,?AT-03)                                       JMPS?07)                                                JMPS?05,?Ha430)                             JMPS-05,?pHA130)                                 ET?3,?ET?5,?BT?101?02)
     Performance?Highlights?in?2025
           Economic?Performance                                                                         Social?Performance
                       Operating?Revenue                          Net?Pro?t?Attributable?to?Owners?of               Signing?Rate?of?Employment?Contract                  Coverage?Rate?of?Social?Insurance
                                                                  the?Parent?Company
                       RMB   2,011.818          million           RMB   532.8213           million                  100%                                                100%
                       Total?Assets                               Earnings?per?Share                                Coverage?Rate?of?Health?Checkups                     Coverage?Rate?of?Safety?Training
                                                                                                                    among?Employees
                       RMB   5,408.954               million      RMB   0.69?     /share                            100%                                                100%
                       Total?Taxes                                                                                  Work?Safety?Accidents                                Charitable?Contributions
                       RMB   401.7469           million                                                             0   times                                            RMB    44.5931            million
                                                                                                                    Investment?in?R&D                                    First?Pass?Yield
           Environmental?Performance                                                                                RMB   198.4453          million                     100%
                       Total?Environmental?Investment          Training?on?Environmental?Protection
                       RMB   2.2880        million             10   times
                       Waste?Disposal?Compliance?Rate          Total?GHG?Emissions
                       Waste?Recycling?Rate
     Annual?Thematic?                                      "Love?Life,?Love?Life?More"?
     Initiative                                               –?919?Uremia?Awareness?Day
       Responsibility?in?Action,?Mission?in?Focus
       On?September? 19,?2025,?Jafron,?in?collaboration? with?Xinhuanet,? successfully? convened? the?public?launch?event?for?"919?Uremia?
       Awareness?Day"?at?MedCreatives?in?Beijing.?At?the?event,?the?Company?formally?proposed?the?establishment?of?September?19?as?
       an? annual? "Uremia? Awareness? Day",? under? the? theme? "Love? Life,? Love? Life? More".? The? national? launch? event? brought? together?
       stakeholders?from?healthcare?institutions,?charitable?organizations,?media?outlets?and?patient?representatives,?jointly?focusing?on?
       the?living?conditions?and?long?term?outlook?of?more?than?3?million?uremia?patients?worldwide.?The?Company?consistently?embeds?                      Care?for?Kidney?Patients??Advancing?Together?with?Compassion
       its? mission? of? "Health? Technology? for? a? Better? World"? into? its? corporate? development.? Leveraging? more? than? two? decades? of?
       expertise? in? hemoperfusion? technologies,? we? are? committed? to? enabling? the? transition? for? patients? from? survival? to? a? life? of?     From?commitment?to?execution,?Jafron?has?translated?the?theme?"Love?Life,?Love?Life?More"?into?a?series?of?structured?patient?
       improved? quality.? Through? continuous? innovation,? we? strive? to? enhance? the? accessibility? of? advanced? medical? technologies? and?        support?programs?for?individuals?with?kidney?disease.?In?collaboration?with?the?China?Population?Welfare?Foundation?and?other?
       expand? equitable? access? to? high?quality? care.? The? successful? launch? of? this? initiative? represents? a? milestone? in? the? Company's?    organizations,?Jafron?launched?three?public?welfare?programs,?with?total?cash?and?in?kind?contributions?amounting?to?RMB? 20?
       efforts? to? advance? healthcare? accessibility.? By? leveraging? corporate? capabilities,? we? are? building? a? broader? platform? for? social?   million,?delivering?tangible?support?to?patients?with?uremia?across?China.
       engagement?and?patient?support,?further?strengthening?public?awareness?of?the?concept?of?"Love?Life,?Love?Life?More".
                                                                                                                                                           As?of?January?31,?2026,?following?the?launch?in?September?2025,?these?programs?have?achieved?meaningful?progress?
                                                                                                                                                           The?“Guard?Heart?&?Kidney?–?Jafron?Care?Public?Welfare?Program"?focuses?on?patients?with?uremia?complicated?by?hypertension?
                                                                                                                                                           or? cardiovascular? disease.? The? program? is? designed? to? provide? up? to? 10? sessions? of? combined? arti?cial? kidney? therapy? per?
                                                                                                                                                           patient,?along? with? living?subsidies,?covering? a? total? of? 1,919? bene?ciaries.?To? date,? 399? assistance?applications?have? been?
                                                                                                                                                           received,?and?862?treatment?sessions?have?been?delivered?to?eligible?patients?under?the?program.
                                                                                                                                                           The? "Guard? the? Lifeline? –? Jafron? Warm? Sun? Public? Welfare? Initiative"? has? donated? YH01? infrared? therapy? apparatus? to? 16?
                                                                                                                                                           hospitals?nationwide,?enabling?patients?to?access?high?quality?care?closer?to?home?and?effectively?improving?the?management?
                                                                                                                                                           experience?of?arteriovenous??stula?care.
                                                                                                                                                           The? "Guard? the? Lifeline? –? Jafron? Red?Blue? Tourniquet? China? Tour"? mobilizes? a? network? of? healthcare? volunteers? to? extend?
                                                                                                                                                           patient?support?at?scale.?To?date,? 211?medical?volunteers?have?participated?in?the?program,? 1,632?valid?patient?applications?
                                                                                                                                                           have?been?received,?and?701?pairs?of?red?blue?tourniquets?have?been?distributed,?extending?care?and?support?to?a?wider?patient?
                                                                                                                                                           population.
                                                                                                                                                           Through?these?initiatives,?we?continue?to?ful?ll?our?corporate?social?responsibility?commitments,?ensuring?that?every?patient?with?
       Health?Education?and?Awareness??Spreading?Hope                                                                                                      kidney?disease?feels?dignity,?respect?and?societal?support.?We?are?dedicated?to?helping?patients?transition?from?survival?to?a?life?
                                                                                                                                                           of?improved?quality,?enabling?them?to?shape?their?own?meaningful?journey?of?life.
       On? the? inaugural? 919? Uremia? Awareness? Day,? Jafron? partnered? with? mass? media,? medical? institutions? and? public? welfare?
       organizations? to? launch? the? “Three?One”? initiative?? a? nationwide? Awareness? Day? kickoff? event,? a? series? of? health? education?
       activities,? and? a? package? of? kidney? patient? care? programs.? Bridging? scienti?c? knowledge? with? real?world? patient? needs? is? a? key?
       pillar?of?Jafron's?"Three?One?Initiative".?In?connection?with?"919?Uremia?Awareness?Day",?the?Company?collaborated?with?leading?
       medical?institutions?and?clinical?experts?to?launch?a?series?of?health?education?and?awareness?programs?aimed?at?improving?public?
       understanding? of? chronic? kidney? disease.? During? the? "Navigator? Program"? segment? at? the? second? half? of? the? event,? experts?
       including? Professor? Ding? Xiaoqiang? of? Zhongshan? Hospital,? Fudan? University,? and? Professor? Lin? Hongli? of? the? Institute? of?
       Nephrology,? Dalian? Medical? University,? delivered? keynote? presentations? and? participated? in? panel? discussions? on? topics? such? as?
       standardized? hemoperfusion? therapy? and? the? management? of? uremia?related? complications.? The? discussions? provided? clear,?
       clinically?grounded?insights?into?how?modern?blood?puri?cation?technologies?can?support?patients?in?achieving?a?higher?quality?of?
       life.? In? parallel,? through? digital? platforms,? patient? education? materials? and? community? outreach? initiatives,? we? disseminated?
       knowledge?on?combined?arti?cial?kidney?therapies,?updates?on?medical?insurance?policies?and?daily?care?guidance?to?patients?and?
       their?families,?supporting?more?informed?disease?management?and?improved?quality?of?life.?These?initiatives?not?only?strengthened?
       patient?con?dence?in?treatment?but?also?supported?the?standardized?adoption?of?hemoperfusion?technologies,?contributing?to?the?
       advancement?of?the?"Healthy?China?2030"?chronic?disease?prevention?and?control?objectives.
     Sustainable?Development?Governance                                                                                                                 Communications?with?Stakeholders
                                                                                                                                                        Jafron?places?strong?emphasis?on?engagement?with?key?stakeholders,?including?shareholders,?employees,?suppliers?and?partners.?By?
     Jafron?has?remained?steadfast?in?its?mission?of?"Health?Technology?for?a?Better?World".?We?are?committed?to?delivering?safer?and?more?             establishing? regular,? multi?channel? communication? mechanisms,? we? actively? solicit? and? listen? to? stakeholder? expectations? and?
     sustainable?healthcare?solutions?to?people?around?the?world.?We?embed?ESG?principles?into?the?very?fabric?of?our?corporate?strategy?               concerns?and?integrate?these?insights?into?our?strategy?and?day?to?day?operations.
     and? day?to?day? operations,? supported? by? a? continuously? evolving? sustainability? management? system.? Meanwhile,? we? continue? to?
     strengthen? engagement? and? communication? with? stakeholders,? striving? to? deliver? both? economic? and? social? values? and? promote?
                                                                                                                                                               Stakeholders              Expectations?and?Demands                                    Communication?and?Response
     harmonious?coexistence?of?Jafron?with?society?and?the?environment.
                                                                                                                                                                                                                                      Improve?Corporate?Governance?Framework
     Governance?Framework?for?Sustainable?Development                                                                                                                             Steady?and?compliant?operation                      Guarantee?timely?and?accurate?disclosures
                                                                                                                                                                                  Transparent?information?disclosure                  Strengthen?investor?relations?management
     To? further? strengthen? corporate? governance,? regulate? ESG? management? and? improve? ESG? performance,? Jafron? approved? the?                     Shareholders
                                                                                                                                                                                  Stable?dividend?returns                             Enhance?pro?tability?and?dividend?payout?capabilities
     reconstitution? of? the? Strategy? Committee? into? the? Strategy? and? ESG? Committee? during? the? reporting? period.? This? enhancement?             and?Investors
                                                                                                                                                                                                                                      Protect?long?term?value?for?shareholders
     reinforces? the? Board's? oversight? of? and? engagement? in? ESG?related? matters? and? supports? the? structured? implementation? of? the?
     Company's?sustainability?strategy.?The?Board?of?Directors,?as?the?highest?decision?making?body,?assumes?ultimate?responsibility?for?
     ESG? oversight,? including? the? review? and? approval? of? the? annual? ESG? report.? The? Strategy? and? ESG? Committee? is? responsible? for?
     monitoring?ESG?related?regulatory?developments?and?policy?trends,?formulating?ESG?strategies,?implementation?plans?and?objectives,?                                                                                              Improve?the?compensation,?bene?ts,?and?incentive?system
                                                                                                                                                                                  Protection?of?legal?rights?and
     evaluating? ESG? performance,? and? overseeing? the? preparation? of? ESG? reports,? while? providing? professional? recommendations? to? the?                               interests                                           Establish?structured?employee?training?and?career
                                                                                                                                                                                                                                      progression?pathways
     Board.?An?ESG?Working?Group?has?also?been?established,?with?dedicated?personnel?assigned?to?follow?up?on?ESG?initiatives.?The?Group?                                         Career?development?space
     is? responsible? for? facilitating? cross?departmental? collaboration,? driving? the? execution? of? ESG? initiatives,? and? supporting? the?            Employees                                                               Strengthen?occupational?health?and?safety?management
                                                                                                                                                                                  Occupational?health?and?safety
     formulation,?monitoring?and?risk?management?of?the?Company's?sustainability?objectives.                                                                                                                                          Conduct?employee?care?initiatives
     Looking? ahead,? we? will? continue? to? re?ne? our? sustainability? governance? structure? and? institutional? framework,? further? enhancing?
     governance?effectiveness.
                                                                                                                                                                                                                                      Increase?R&D?Investment
     In? parallel,? Jafron? has? systematically? developed? an? ESG? indicator? system,? incorporating? quantitative? metrics? to? evaluate? the?                                 High?Quality?and?safe?products
                                                                                                                                                                                                                                      Strictly?control?product?quality?and?safety
     effectiveness?of?ESG?management?strategies.?A?performance?linked?supervision?and?assessment?mechanism?is?being?progressively?                                                Sound?after?sales?services                          Optimize?after-sales?service?processes
     established.? During? the? reporting? period,? we? issued? a? safety? and? environmental? protection? supervision? and? assessment? program,?            Customers
                                                                                                                                                                                  Privacy?information?protection                      Protect?data?security?and?privacy
     explicitly?linking?key?performance?indicators—such?as?work?safety,?occupational?health?and?environmental?protection—to?performance?
     evaluation.?We?also?implemented?a?structured?monitoring,?assessment?and?incentive?mechanism?to?promote?proactive?engagement?in?
     safety?and?environmental?management?across?all?functional?departments?and?operational?sites.
     Jafron? also? places? strong? emphasis? on? ESG? awareness? and? capability? building.? Dedicated? ESG? training? programs? are? regularly?
                                                                                                                                                                                  Win?win?cooperation                                 Strengthen?communication?with?suppliers
     conducted,? covering? regulatory? context,? policy? interpretation,? emerging? trends? and? leading? industry? practices.? These? initiatives?
     enhance?organization?wide?understanding?and?execution?capabilities,?providing?both?talent?support?and?institutional?assurance?for?the?                                       Integrity?based?operations                          Implement?transparent?procurement
                                                                                                                                                              Suppliers
     achievement?of?sustainability?objectives,?while?continuously?strengthening?overall?governance?standards.                                                                     Industry?exchange                                   Establish?strategic?Cooperation
                                                                                                                                                             and?Partners
            Jafron?Conducted?Training?on?ESG?Policy?and?Institutional?Framework?in?May?2025                                           Case
                                                                                                                                                                                  Compliant?operation                                 Strictly?comply?with?laws?and?regulations
                                                                                                                                                                                  Lawful?tax?payment                                  Lawfully?ful?ll?tax?obligations
                                                                                                                                                                                                                                      Enhance?environmental?compliance?management
                                                                                                                                                             Government           Environmental?compliance
                                                                                                                                                                                                                                      capabilities
                                                                                                                                                             or?Regulator
                                                                                                                                                                                  Rural?revitalization                                Align?with?rural?revitalization?policies
                                                                                                                                                                                  Contribution?to?community
                                                                                                                                                                                  development
                                                                                                                                                                                                                                      Strengthen?community?engagement
                                                                                                                                                                                  Support?for?vulnerable?groups
                                                                                                                                                                                                                                      Participate?in?volunteer?Services
                                                                                                                                                                                  Ful?llment?of?social?responsibilities
                                                                                                                                                         Social?Organizations                                                         Make?public?Welfare?Donations
                                                                                                                                                               or?NGOs            Health?education
                                                                                                                                                                                  Adherence?to?science?and                            Conduct?health?education
                                                                                                                                                                                  technology?ethics
     Management?of?Material?Topics                                                                                                                               Analysi?of?Double?Materiality
     In? accordance? with? the? assessment? methods? stated? in? the? domestic? and? international? disclosure? standards? such? as? the? Shanghai?
                                                                                                                                                                                                                                                               Materiality?Matrix
     Stock? Exchange? Self?Regulatory? Guidelines? for? Listed? Companies? No.? 17? ?? Sustainability? Report? (for? Trial? Implementation),? the?
     International? Financial? Reporting? Sustainability? Disclosure? Standards? No.? 1? ?? General? Requirements? for? Disclosure? of? Sustainability?
     (IFRS?S1),?and?the?GRI?Standards,?the?Company?introduces?the?analysis?perspective?of?impact?materiality?and??nancial?materiality?to?
                                                                                                                                                                     High
     identify?and?assess?material?topics?in?the?following?steps?                                                                                                                                                 Environmental?Compliance?Management
                                                                                                                                                                                                                          Energy?Utilization
                                                                                                                                                                                                                              Pollutant?Emissions
       Materiality?Assessment?Process                                                  Assessment?Method                                                                                                                  Water?Resource?Utilization
                                                                                                                                                                                                                               Circular?Economy
                                                                                                                                                                                                                                                                                                 Response?to?Climate?Change
                                                                                                                                                                                                          Protection?of?Employees'?Legal?Rights?and?Interests
                                                                                                                                                                                                                                                                                               Innovation?driven?Development
                                                                                                                                                                                                                  Employee?Training?and?Development                                           Product?Safety?and?Service?Quality
                                                                                                                                                          Materiality?of?Economic,?Social?and?
                                                                                                                                                                                                                       Occupational?Health?and?Safety
                                                                                                                                                                                                             Anti-Commercial?Bribery?and?Anti-Corruption
                                                     Identify? the? Company's? stakeholders? and? the? impacts,? risks,? and? opportunities?
                Learn?about?the                                                                                                                                                                                                 Waste?Disposal
                                                                                                                                                               Environmental?Impacts
                                                     faced? by? the? Company? based? on? macro?environment? analysis? grounded? in? global?
                 background?of                                                                                                                                                                                    Data?Security?and?Privacy?Protection
                                                     trends? and? China's? industrial? development? trends,? industry? analysis,? and? the?                                                                                   Access?to?Healthcare
                 the?Company
                                                     Company's?business?model?analysis.
                                                                                                                                                                                                                             Due?Diligence
                                                                                                                                                                                                                        Anti?Unfair?Competition
                                                     Develop? a? pool? of? 23? material? topics? (including? the? addition? of? healthcare?                                                                               Social?Contribution
                                                     accessibility? as? a? new? topic)? by? drawing? upon? domestic? and? international?                                                                                  Rural?Revitalization                                                       Supply?Chain?Security
              Conduct?preliminary                                                                                                                                                                                  Communications?with?Stakeholders
                                                     sustainability?rating?methodologies,?along?with?best?practices?from?industry?peers,?                                                                         Ecosystem?and?Biodiversity?Protection
                topic?screening
                                                     taking? into? account? industry? characteristics,? market? trends? and? the? Company's?                                                                         Science?and?Technology?Ethics
                                                     business?model.
                                                                                                                                                                     Low
                                                     Assess?impact?materiality                                                                                                                                                                                   Financial?Materiality                                                       High
                                                     Map? the? potential? positive? or? negative? effects? of? each? topic? on? the? external?
                                                     environment,? society? and? the? economy,? taking? into? account? the? key? concerns? of?
                                                                                                                                                                     Dimension                                        Topic                      Statement?of?Materiality   Dimension                     Topic                        Statement?of?Materiality
                                                     stakeholders? and? industry?speci?c? considerations? as? well? as? peer? practices.? As? a?
                                                     result,?15?impact?material?topics?were?identi?ed.                                                                                           Response?to?Climate?Change                      Double?Materiality                     Innovation?driven?Development                  Double?Materiality
                  Assess?the
             materiality?of?topics                                                                                                                                                               Environmental?Compliance?Management             Impact?Materiality
                                                                                                                                                                                                                                                                                        Safety?and?Quality?of?Products?and?Services    Double?Materiality
                                                     Assess??nancial?materiality
                                                                                                                                                                                                 Waste?Disposal                                  Impact?Materiality
                                                     Identify?and?assess?the?risks?and?opportunities?of?relevant?topics,?and?determine?4?                                                                                                                                               Data?Security?and?Privacy?Protection           Impact?Materiality
                                                     topics? with? ?nancial? materiality,? through? the? analysis? of? impact,? dependence,? and?                                                Pollutant?Emissions                             Impact?Materiality
                                                                                                                                                                  Environment                                                                                                           Protection?of?Employees'?Legal?Rights?and
                                                     other? factors,? in? combination? with? expert? judgments? and? each? department's?                                                                                                                                                                                               Impact?Materiality
                                                                                                                                                                                                 Water?Resource?Utilization                      Impact?Materiality                     Interests
                                                     assessment?of?the?likelihood?of?occurrence?of?relevant?topics.
                                                                                                                                                                                                 Energy?Utilization                              Impact?Materiality                     Employee?Training?and?Development              Impact?Materiality
                                                                                                                                                                                                 Circular?Economy                                Impact?Materiality          Social     Occupational?Health?and?Safety                 Impact?Materiality
                                                                                                                                                                                                 Ecosystem?and?Biodiversity?Protection         General?Materiality
                                                                                                                                                                                                                                                                                        Science?and?Technology?Ethics                 General?Materiality
                                                                                                                                                                     Dimension                                        Topic                      Statement?of?Materiality
                                                                                                                                                                                                                                                                                        Access?to?Healthcare                           Impact?Materiality
                                                     Create?a?list?of?topics?with?impact?materiality?and??nancial?materiality,?and?ensure?                                                       Anti?Commercial?Bribery?and
            Con?rm?material?topics                   that?the?relevant?topics?are?disclosed?transparently,?balanced,?and?comprehensively?                                                        Anti?Corruption                                 Impact?Materiality
                                                                                                                                                                                                                                                                                        Supply?Chain?Security                         Financial?Materiality
                                                     in?the?report.                                                                                                                              Anti?Unfair?Competition                       General?Materiality
                                                                                                                                                                   Governance
                                                                                                                                                                                                                                                                                        Social?Contribution                           General?Materiality
                                                                                                                                                                                                 Due?Diligence                                 General?Materiality
                                                                                                                                                                                                 Communications?with?Stakeholders              General?Materiality                      Rural?Revitalization                          General?Materiality
     Driving?Industry
     Transformation
     through?Innovation
     and?Collaboration
     Jafron?continues?to?accelerate?technology?commercialization?and?product?
     iteration,? promoting? the? large?scale? adoption? of? innovative? solutions? in?
     clinical?settings.?These?efforts?contribute?to?improving?the?quality?of?care?
     and?enhancing?service?accessibility?in?the?blood?puri?cation??eld?in?China.?
     By? establishing? a? robust? quality? management? system? spanning? the? full?
     value? chain—from? research? and? development,? manufacturing? and?
     distribution? to? after?sales? service—the? Company? promotes? coordinated?
     development? across? upstream? and? downstream? partners,? supporting? the?
     integration? of? regional? economic? development? with? the? healthcare?
     industry.? We? remain? committed? to? innovation?driven? industrial? upgrading?
     and? actively? contribute? to? industry? standardization? through? technical?
     leadership.? Through? ongoing? participation? in? academic? exchange? and?
     technology? dissemination,? we? support? the? development? of? an? open,?
     collaborative?and?sustainable?healthcare?ecosystem.
     ESG?Material?Topics?Covered?in?this?Chapter
       Innovation?driven?Development                      Supply?Chain?Security
       Safety?and?Quality?of?Products?and                 Data?Security?and?Privacy
       Services                                           Protection
       Science?and?Technology?Ethics                      Due?Diligence
      Access?to?Healthcare
     SDGs?Responded?in?this?Chapter
     Innovation?Driven?Development                                                                                                                           Supported?by?strong?independent?R&D?capabilities,?Jafron?has?established?multiple?high?level?research?platforms,?including?a??National?
                                                                                                                                                             Enterprise? Technology? Center,? an? Academician? Workstation,? a? Postdoctoral? Research? Workstation,? and? a? Provincial? Engineering?
                                                                                                                                                             Research?Center.?We've?undertaken?numerous?national?and?provincial?key?research?projects.
     Jafron?consistently?positions?scienti?c?research?and?technological?innovation?at?the?core?of?its?growth?strategy.?We?are?committed?to?
     building? a? synergistic? industry? value? chain? for? blood? puri?cation? equipment,? integrating? proprietary? blood? puri?cation? equipment,?
                                                                                                                                                             Innovation?Capability?Certi?cation
     chronic? disease? management? and? medical? services.? We? continue? to? strengthen? our? R&D? management? system,? maintain? sustained?
     investment?in?innovation,?and?enhance?the?development?of?talent?and?innovation?platforms?to?ensure?that?our?technologies?remain?at?
                                                                                                                                                                  Specialized?and?Sophisticated                 National?High?tech?Enterprise                   National?Enterprise?Technology?Center
     the? forefront? of? the? industry.? At? the? same? time,? we? continuously? optimize? our? product? portfolio.? In? addition,? we? actively? advance?        Enterprise?Certi?cate                         Certi?cate                                      Certi?cate
     research? collaboration? and? participate? in? academic? exchange,? fostering? technological? innovation? and? facilitating? knowledge? sharing,?
     thereby?contributing?to?the?advancement?of?global?healthcare.                                                                                                    pcs                                           pcs                                             pcs
     Governance
     With? innovation? as? a? core? strategic? priority,? Jafron? has? established? a? systematic,? end?to?end? governance? framework? to? ensure? the?
     ef?cient?operation?of?its?R&D?system?and?the?standardization?of?innovation?processes.
     At?the?policy?level,?we've?formulated?a?series?of?core?management?systems,?including?the?End?to?End?Process?and?Role?Descriptions?
     for? New? Product? Development,? the? R&D? Project? Initiation? Management? Regulations,? and? the? R&D? Project? Closure? Management?
     Regulations,?clearly?de?ning?process?standards?and?accountability?across?all?stages?of?innovation.?At?the?organizational?level,?we've?
     established?a?well?structured?governance?framework,?with?overall?leadership?provided?by?the?President?and?coordinated?by?designated?
     management? personnel.? This? framework? integrates? specialized? functions? such? as? the? Evaluation? and? Testing? Center? and? the? R&D?
     Management? Center,? supported? by? professional? roles? including? materials? experts? and? human? resources? specialists.? Together,? these?
     elements?form?a?comprehensive?"decision?making,?coordination,?execution?and?support"?structure,?ensuring?the?ef?cient?allocation?of?
     innovation?resources,?strengthening?cross?functional?collaboration,?and?continuously?enhancing?overall?innovation?performance.
     Innovation?and?R&D?Platform                                                                                                                             R&D?Process
     Jafron? has? established? an? integrated? R&D? platform? for? both?                                                                                     Jafron?has?implemented?a?standardized?and?end?to?end?new?product?development?process,?guided?by?market?demand?and?covering?
     consumables?and?medical?devices,?with?the?Science?Building?and?the?                                                                                     stages? including? project? planning? and? initiation,? design? and? development,? technology? transfer? and? validation,? and? regulatory?
     Shenzhen? R&D? Center? Experimental? Area? serving? as? core? hubs.?                                                                                    registration.? From? requirement? analysis? and? project? approval? to? product? design? and? prototyping,? and? further? through? registration?
     Together,? these? facilities? support? a? comprehensive? R&D? and? testing?                                                                             testing,? clinical? evaluation? and? regulatory? submission,? each? phase? is? governed? by? rigorous? procedures? and? internal? controls.? Cross?
     system? spanning? the? full? spectrum? of? blood? puri?cation?                                                                                          functional? collaboration? is? embedded? throughout? the? R&D? process,? ensuring? that? products? are? compliant,? safe? and? ef?ciently?
     technologies.? The? Science? Building? comprises? three? dedicated?                                                                                     commercialized,?while?providing?sustained?support?for?high?quality?product?delivery?and?continuous?innovation.
     centers—Polymeric? Adsorbent? Research? Center,? Product? Technology?
     R&D? Center? and? Clinical? Application? Research? Center—alongside? a?
                                                                                                                                                                                                                                R&D?Process
     CNAS?accredited? testing? laboratory.? The? platform? focuses? on? the?
     development? of? core? materials? for? polymeric? adsorbents,? cross?
     disciplinary?product?design,?clinical?scenario?simulation,?and?end?to?
                                                                                                                                                                         Requirement                        Product?Planning                     Product?Design
     end? testing? capabilities.? It? has? enabled? the? development? of? multiple?                                                                                                                                                                                                Lifecycle?Management
                                                                                                                                                                                                             and?De?nition
     pioneering? testing? methodologies.? Leveraging? innovation? platforms?
     such? as? the? Academician? Workstation? and? Postdoctoral? Research?
     Workstation,? the? Company? actively? undertakes? key? technology? R&D?                                                                                                                                                  Full?R&D?Process
                                                                                                 CNAS?Laboratory?Accreditation?Certi?cate
     projects?at?all?levels.?The?Shenzhen?R&D?Center?Experimental?Area?is?
     equipped? with? high?precision? analytical? and? testing? instruments,?                                                                                                                                                                                      Marketing/
                                                                                                                                                                         Planning             Project?Initiation          Design?and?Development                  Application             Project?Closure
     providing?comprehensive?validation?capabilities?for?medical?research?
     and?ensuring?the?quality?and?reliability?of?devices.
                                                                                                                                                                                                                          Control?Procedures?for
                                                                                                                                                                         Planning             Project?Initiation          Design?and?Development                 Guidelines?for           Project?Closure
                                                                                                                                                                        Guidelines             Management                                                        Marketing?of              Management
                                                                                                                                                                                                                          Guidelines?for?Review
                                                                                                                                                                                                Regulations                                                      New?Products              Regulations
                                                                                                                                                                                                                          Procedures
                                                                                                                                                                                                                          Professional?Business
                                                                                                                                                                                                                          Systems?and?Procedures
                                                                                                                                                                                                                          (e.g.,?Clinical?Registration)
     Innovation?Talent?Development                                                                                                               Strategy
                                                                                                                                                 Jafron? continuously? monitors? key? factors,? including? national? policy? developments,? competitive? dynamics? and? technological?
     Jafron?places?strong?emphasis?on?internal?talent?development?and?is?committed?to?cultivating?a?highly?skilled?and?innovation?driven?
                                                                                                                                                 advancements.? Through? systematic? analysis? of? industry? trends,? we? proactively? identify? risks? and? opportunities? associated? with?
     R&D?workforce,?recognizing?talent?as?a?critical?enabler?of?technological?breakthroughs?and?the?translation?of?research?achievements?
                                                                                                                                                 innovation?driven?growth?and?formulate?targeted?response?strategies?to?effectively?mitigate?risks?and?capture?emerging?opportunities.
     into?practical?applications.?Through?a?combination?of?internal?and?external?training?programs,?professional?development?initiatives?and?
     knowledge?sharing? mechanisms,? we? continuously? expand? the? knowledge? base? of? our? R&D? personnel? and? enhance? their? technical?
     expertise?and?professional?capabilities.?At?the?same?time,?we?deploy?targeted?training?resources?aligned?with?operational?needs,?further?                                                                                                  Potential
                                                                                                                                                    Risk                                                                        Impact
                                                                                                                                                                                 Description?of?Risk                                            Financial                              Countermeasures
     strengthening?the?overall?competencies?of?our?R&D?teams?and?building?a?solid?talent?foundation?to?support?sustained?innovation?and?            Type                                                                       Duration
                                                                                                                                                                                                                                                 Impact
     high?quality?growth.
                                                                                                                                                                                                                                                                       Closely? monitor? and? study? national? and? local? policy?
     During?the?Reporting?Period,?the?R&D?team?consists?of?405?members,?accounting?for?17.60%?of?the?total?workforce.
                                                                                                                                                                                                                                                                       and?regulatory?changes.
                                                                                                                                                                    The? medical? device? sector? is? subject? to?                                                     Timely? adjust? business? strategies? in? response? to?
           TRIZ?Innovation?Methodology?Training                                                                                    Case                             stringent? government? regulation.? The?                                                           market?rule?changes?and?regulatory?updates?induced?
                                                                                                                                                                    Company? must? closely? monitor? changes? in?                                                      by?healthcare?system?reforms.
                                                                                                                                                    Policy          policies? such? as? the? Regulations? on? the?            Short?and        Increase?of
          In? October? 2025,? Jafron? conducted? a? dedicated? training? program? focused? on? addressing? innovation? challenges.? The?                            Supervision? and? Administration? of? Medical?                             operational             Continue? to? promote? academic? exchange? and?
                                                                                                                                                     Risk                                                                    medium?term
          program?covered?key?methodologies?and?tools,?including?reverse?thinking?techniques,?the?Hetian's?Twelve?Ways,?the?Nine?                                   Devices? to? ensure? legal? compliance.? Failure?                             cost                 collaboration,? adhere? to? a? clinical? evidence?based?
                                                                                                                                                                    to?do?so?could?result?in?penalties,?lawsuits?or?                                                   approach,? and? maintain? strict? compliance? with?
          Windows? Technique,? the? Gold?sh? Method,? and? the? TRIZ? Contradiction? Matrix.? Using? case? studies? such? as? "thin? glass?
                                                                                                                                                                    other?legal?consequences.                                                                          regulatory?requirements.
          processing"? and? the? "optimization? of? sterilization? process? validation? equipment",? the? training? provided? a? systematic?
                                                                                                                                                                                                                                                                       Strengthen?ongoing?compliance?training?to?enhance?
          walkthrough? of? the? 15?step? approach? to? applying? the? TRIZ? Contradiction? Matrix? in? solving? technical? challenges.? The?                                                                                                                           the?Company's?ability?to?respond?to?risks?associated?
          training?effectively?strengthened?the?innovative?thinking?capabilities?and?practical?tool?application?skills?of?R&D?personnel,?                                                                                                                              with?industry?policy?changes.
          further?reinforcing?the?talent?foundation?for?technological?innovation?and?high?quality?development.
                                                                                                                                                                                                                                                                       Prioritize? the? development? of? a? robust? R&D? system,?
                                                                                                                                                                                                                                                                       enhance? forward?looking? strategic? planning? in?
                                                                                                                                                                  As? R&D? investment? increases? across? the?                                                         technology? innovation,? and? increase? investment? in?
                                                                                                                                                 Technology       industry,? new? technologies? and? innovative?                                                       new? product? development? aligned? with? market?
                                                                                                                                                                  products?are?likely?to?emerge?in?the?near?future.?                           Decrease?in
                                                                                                                                                 Update?and                                                                                                            demand.
                                                                                                                                                                  If?the?Company?fails?to?keep?pace?with?industry?           Medium?term        operating
                                                                                                                                                  Iteration
                                                                                                                                                                                                                                                 revenue               Speed?up?the?technical?upgrade?and?optimization?of?
                                                                                                                                                    Risks         advancements? or? update? its? existing? products?
                                                                                                                                                                  in?time,?it?may?face?adverse?business?impacts.                                                       existing?products.
                                                                                                                                                                                                                                                                       Strengthen? IP? protection? to? prevent? leaks? and?
                                                                                                                                                                                                                                                                       infringement.
                                                                                                                                                                                                                                                                       Continue?to?focus?on?principal?businesses,?persist?in?
                                                                                                                                                                  With? the? rapid? growth? of? the? domestic?                                                         technological? innovation,? actively? expand? product?
                                                                                                                                                                  hemoperfusion? industry,? expansion? of? existing?                                                   portfolios,?and?drive?technological?transformation?of?
                                                                                                                                                                  enterprises? and? the? entry? of? new? players,?                            Market?share             products?alongside?the?upgrade?of?their?applications.
                                                                                                                                                  Industrial                                                                  Medium?to
                                                                                                                                                 Competition      competition?is?intensifying?across?the?industry.?                               and                  Consistently? enhance? automation? levels? in?
                                                                                                                                                                                                                              long?term
                                                                                                                                                                  Without? continuous? innovation? in? technology?                            revenue?loss
                                                                                                                                                     Risk                                                                                                              production? processes? and? IT?enabled? management?
                                                                                                                                                                  and?product?offerings,?the?Company?may?face?a?
                                                                                                                                                                                                                                                                       capabilities,? introduce? Hemoperfusion? Cartridge?
                                                                                                                                                                  decline?in?market?competitiveness.
                                                                                                                                                                                                                                                                       Manufacturing? 4.0,? and? continuously? strengthen?
                                                                                                                                                                                                                                                                       integrated?smart?manufacturing?capabilities.
                                                                                                                                                  Opportunity                                                                                                                         Impact              Potential?Financial
                                                                                                                                                                                                       Description?of?Opportunity
                                                                                                                                                     Type                                                                                                                            Duration                  Impact
                                                                                                                                                    Industrial            Technological? innovation? is? a? key? driver? of? industrial? upgrading.? By?
                                                                                                                                                                                                                                                                                                         Reduced?production
                                                                                                                                                    upgrading             introducing? new? technologies,? processes? and? management? approaches,?                                Medium?to
                                                                                                                                                                                                                                                                                                         costs?and?improved
                                                                                                                                                       and                the?Company?can?help?drive?the?industry?towards?higher?end?and?smarter?                                  long?term
                                                                                                                                                                                                                                                                                                         production?ef?ciency
                                                                                                                                                 transformation           development.
                                                                                                                                                 Technological            Persistent?R&D?efforts?and?breakthroughs?in?core?technologies,?along?with?
                                                                                                                                                  innovation              continuous? development? of? new? products,? can? help? the? Company?                                                               Increase?in
                                                                                                                                                  and?market              signi?cantly? enhance? its? competitive? strength,? secure? market? leadership?                           Long?term              operating?income
                                                                                                                                                  leadership              and?garner?substantial?pro?t?returns.
                                                                                                                                                 Note??Impact?Duration??refers?to?the?different?periods?when?different?climate?related?risks?and?opportunities?will?affect?the?Company.?The?Company?categorizes?the?impact?duration?into?
                                                                                                                                                 short?term?(0?1?year),?medium?term?(1?5?years),?and?long?term?(over?5?years).
     Impact,?Risk,?and?Opportunity?Management
     Jafron?places?strong?emphasis?on?the?management?of?innovation?related?risks?and?opportunities.?We've?established?a?comprehensive?
     risk? and? opportunity? assessment? framework? to? enable? ongoing? monitoring? of? key? risk? factors,? including? regulatory? compliance,?
     technology?iteration?and?market?competition.?Through?dynamic?identi?cation?and?evaluation?of?internal?and?external?risk?factors,?we?
     implement?proactive?mitigation?measures?to?ensure?resilient?and?effective?risk?management.
                                                                                                                                                                      Investment?in?R&D                                                                                Percentage?of?R&D?Investment?in
                                                                                                                                                                                                                                                                       Main?Business?Revenue
     To?address?uncertainties?inherent?in?the?R&D?process,?Jafron?has?implemented?the?Regulations?on?R&D?Review?Management,?which?
     clearly? de?ne? responsibilities? and? procedural? requirements? for? R&D? review? activities.? This? framework? establishes? a? full? lifecycle?
     management? mechanism—covering? risk? identi?cation,? assessment,? monitoring? and? control—ensuring? that? R&D? risks? are?
     systematically?managed?and?mitigated.
     Metrics?and?Targets                                                                                                                                              Number?of?Patents?Held                                                                           Number?of?Invention?Patents?Held
     In? alignment? with? its? medium?? to? long?term? strategic? objectives? and? the? development? approach? of? "products? in? market,? products? in?
     reserve? and? products? under? development",? the? Company? has? formulated? a? ?ve?year? product? development? plan.? This? plan? de?nes?
     strategic? technology? directions,? innovation? objectives,? the? R&D? system? and? capability? development? goals.? Focusing? on? key? and?
     common? technologies? in? the? ?eld? of? blood? puri?cation,? we? continue? to? advance? core? technology? development? and? innovation,?
     enhancing?the?competitiveness?of?our??agship?products?and?supporting?high?quality?industry?advancement.
                                                                                                                                                                      Number?of?Utility?Model?Patents?Held                                                             Number?of?New?Patents?Granted
                         R&D?Goals                                                           Achievements?in?2025                                                                                                                                                      in?the?Year
          Develop? new? technologies,? materials?            1.?Strengthened?the?product?portfolio?across?the?blood?puri?cation?value?chain                           17    Item                                                                                      45     Item
          and? products? to? re?ne? the? blood?
                                                                 Obtained?a?Class?II?medical?device?registration?certi?cate?for?disposable?waste
          puri?cation? industr y? chain? and?                    liquid?bags;
          enhance?core?competitiveness.
                                                                 Obtained?CE?certi?cation?for?extracorporeal?tubing?sets?for?blood?puri?cation                        Total?Number?of?Trademarks
                                                                 and?the?FutureF20?Hemoadsorption?Equipment;
                                                                 Secured?variation?approvals?for?three?models?(A,?B?and?C)?of?the?DX?10?Blood
                                                                 Puri?cation?Machine;
                                                                 Obtained?variation?approvals?for?additional?speci?cations?of?CRRT?Tubing?Sets;
                                                                Optimized?pre??ushing?requirements?for?CA?products,?reducing?saline?volume
                                                                                                                                                           Innovation?Driven?Measures
                                                                from?3000?mL?to?2000?mL,?and?obtained?the?variation?approval.
                                                                                                                                                           Innovation?Incentive?Mechanism
                                                                                                                                                           Jafron? has? established? a? market?oriented,? result?driven? and? multi?dimensional? R&D? incentive? mechanism? to? systematically? unlock?
          Reinforce? R&D? platform? development?                                                                                                           innovation? potential,? supported? by? internal? audit? oversight? to? ensure? compliant? and? effective? implementation.? Anchored? by? the?
                                                             Completed?upgrades?to?the?R&D?management?system,?including?enhanced?
          to? improve? both? the? quality? and?                                                                                                            Regulations? on? Incentives? for? R&D? Projects,? the? Company? standardizes? the? de?nition? of? projects? and? special? initiatives,? and? clearly?
                                                             requirements?management?functionality,?streamlined?process?work?ows,?
          ef?ciency? of? research? and? develop?             improved?user?operability,?and?upgraded?functional?management?modules.                        stipulates? incentive? allocation? and? bonus? distribution? ratios? at? the? project? initiation? stage.? For? designated? key? projects,? a? dual?
          ment                                                                                                                                             leadership?model?(principal?and?deputy?project?leaders)?is?adopted,?with?project?leaders?for?performance?oriented?initiatives?required?to?
                                                                                                                                                           oversee? product? quality? and? value? realization? throughout? the? full? lifecycle.? A? structured? project? outcome? evaluation? mechanism? has?
                                                                                                                                                           also?been?introduced,?with?assessment?results?serving?as?the?basis?for?project?acceptance?and?incentive?disbursement.?In?parallel,?we?
                                                                                                                                                           standardize? team? composition,? evaluation? criteria? and? bonus? allocation? methodologies.? Complementary? policies,? including? the?
          Strengthen? R&D? talent? development?              Conducted? 5? R&D? capability?building? training? sessions? in? 2025,? reaching?
                                                                                                                                                           Regulations? on? Incentives? for? R&D? Ideas,? extend? coverage? to? patent? generation? and? early?stage? ideation.? Supported? by? the?
          and? collaboration? with? internal? and?           357? participants,? with? an? overall? satisfaction? score? of? 9.54? (out? of? 10),?
                                                                                                                                                           independent?assurance?function?of?internal?audit,?these?mechanisms?ensure?fairness?and?compliance?while?effectively?enhancing?the?
          external? research? forces? to? boost?             effectively? enhancing? the? knowledge? base? and? capabilities? of? R&D?
                                                                                                                                                           engagement?and?initiative?of?R&D?personnel,?and?supporting?technological?innovation?and?the?achievement?of?strategic?objectives.?In?
          overall?R&D?capacity                               personnel.
                                                                                                                                                           reinforcing?the?effectiveness?of?our?incentive?mechanisms.
     Industry?University?Research?Cooperation                                                                                                        Participation?in?the?Formulation?of?Standards
     Jafron?adheres?to?an?open?and?collaborative?innovation?model,?placing?strong?emphasis?on?partnerships?with?universities?and?research?
                                                                                                                                                     Jafron? actively? engages? with? domestic? and? international? standardization? bodies? and? participates? in? the? formulation? and? drafting? of?
     institutions.? We? are? committed? to? translating? cutting?edge? scienti?c? achievements? into? practical? applications? and? advancing?
                                                                                                                                                     national,? industry? and? local? standards,? as? well? as? clinical? guidelines.? By? translating? internal? innovation? practices? into? industry?wide?
     technological? progress? within? the? industry.? By? developing? governance? frameworks? such? as? the? Regulations? on? Scienti?c? Research?
                                                                                                                                                     norms,?we?not?only?strengthen?our?competitive?positioning,?but?also?contribute?to?the?standardization?and?regulatory?advancement?of?
     External? Collaboration? and? the? Regulations? on? the? Management? of? Postdoctoral? Research? Workstation,? we? effectively? integrate?
                                                                                                                                                     the?medical?device?industry.
     external? technical? resources? and? establish? ef?cient? collaboration? and? communication? mechanisms.? We've? established? in?depth?
     partnerships?with?institutions?such?as?the?Shenzhen?Institutes?of?Advanced?Technology,?Chinese?Academy?of?Sciences,?Sun?Yat?sen?
     University? Postdoctoral? Research? Workstation,? Shenzhen? National? Innovation? Center? for? Advanced? Medical? Devices,? and? Hexaell?                                                Selected?Standards?or?Guidelines?Contributed?To
     Biotech.?Through?these?collaborations,?we?undertake?joint?research?programs?to?address?critical?technical?challenges?and?advance?key?
     innovation?projects,?thereby?further?strengthening?the?Company's?core?competitiveness.                                                                                                                  Name?of?Standard                                                            Standard?Type
     In? addition,? we? have? co?founded? a? Multi?Organ? Support? Therapy? (MOST)? Expert? Committee? with? several? world?renowned? experts? in?       Hemodialysis?and?Related?Therapies?—?Hemodialyzers,?Hemodialysis?Filters,?Hemodia?lters?and
                                                                                                                                                                                                                                                                                       Industry?Standard
     clinical?research?and?critical?care?medicine.?The?committee?aims?to?provide?robust?evidence?and?new?solutions?for?the?global?clinical?              Hemoconcentrators
     application?of?MOST.
                                                                                                                                                         Disposable?Plasma?Bilirubin?Adsorption?Column                                                                                 Industry?Standard
         Joint?Laboratory?for?High?Quality?Dialysis?Products                                                                          Case
                                                                                                                                                         Disposable?Hollow?Fiber?Plasma?Separator?and?Plasma?Component?Separator                                                       Industry?Standard
         In?February?2025,?Jafron,?in?collaboration?with?Huanggang?Normal?University,?established?a?Joint?Laboratory?for?High?Quality?                   Cardiopulmonary?Bypass?Systems?—?Heparin?Coating?and?Determination?Method?for?Dimethylacetamide
                                                                                                                                                         (DMAC)?Residues?in?Extracorporeal?Circulation?Medical?Devices                                                                 Industry?Standard
         Dialysis? Products.? The? laboratory? focuses? on? key? research? areas? in? blood? puri?cation? equipment? and? related? advanced?
         technologies.?By?integrating?academic?resources?and?building?an?open?innovation?platform,?it?provides?strong?support?for?the?
                                                                                                                                                         Clinical?Practice?Guidelines?for?Disposable?Hemoperfusion?Cartridges                                                          Group?Standards
         Company's?strategic?initiatives?and?enhances?its?long?term?competitiveness.
                                                                                                                                                         Clinical?Practice?Guidelines?for?Extracorporeal?Tubing?Sets?for?Blood?Puri?cation                                             Group?Standards
                                                                                                                                                         YY/T?0464?2019?Disposable?Hemoperfusion?Cartridges                                                                            Industry?Standard
            Two?Hemoadsorption?Technologies?Showcased?at?ASN?Kidney?Week                                                              Case
                                                                                                                                                         Guidelines?for?On?Site?Inspection?of?Medical?Devices?—?Hemodialyzers                                                          Industry?Standard
         From? November? 5? to? 9,? 2025,? ASN? Kidney? Week? was? held? in? Houston,? United? States.? During? the? conference,? two? clinical?
         research?abstracts—covering?the?pHA130?novel?electrostatic?hemoadsorption?system?and?the?established?HA330?Disposable?
         Hemoperfusion? Cartridge—were? accepted? and? published.? This? recognition? demonstrates? that? the? Company's? innovative?                Participation?in?Industry?Exchanges
         technologies?have?not?only?achieved?broad?clinical?adoption?domestically?but?have?also?gained?recognition?within?the?global?
         academic?community,?contributing?a?"Jafron?solution"?to?the?advancement?of?blood?puri?cation?technologies?worldwide.                        In?2025,?Jafron?continued?to?strengthen?engagement?and?collaboration?with?the?medical?device?communities.?We?actively?participated?
                                                                                                                                                     in?domestic?and?international?academic?conferences?and?trade?exhibitions?in??elds?such?as?nephrology,?hepatology,?critical?care?and?
                                                                                                                                                     sub?health.? By? participating? in? these? events,? we? engaged? in? in?depth? exchanges? on? the? latest? industry? developments,? cutting?edge?
                                                                                                                                                     technologies?and?research?outcomes,?while?sharing?knowledge?and?expertise?to?jointly?advance?technological?progress?and?research?in?
                                                                                                                                                     the?medical?device??eld—ultimately?bene?ting?more?patients.
                                                                                                                                                                                 CSN?Critical?Care?&                                              Congress?of?the?Chinese?Society
                                                                                                                                                                             Blood?Puri?cation?Congress                                           of?Nephrology?2025?,?CCSN?2025
                                                                                                                                                       Throughout? the? full? product? development? lifecycle,? Jafron? initiates? patent? and? trademark? planning? at?the? project? approval?stage? and?
                                                                                                                                                       conducts? internal? patent? applications,? evaluations? and? infringement? risk? assessments? for? core? technologies.? Leveraging? the? self?
                                                                                                                                                       developed? "Jafron? Blood? Puri?cation? Technology? Patent? Database",? we? conduct? real?time? monitoring? of? industry? patent? dynamics.?
                                                                                                                                                       Through? a? structured? process? encompassing? pre?project? patent? search? and? analysis,? in?process? patent? portfolio? planning? and? pre?
                                                                                                                                                       launch? infringement? screening,? we? ensure? that? each? intellectual? property? asset? is? secured? with? clear? commercial? intent? and? a? solid?
                                                                                                                                                       technological?foundation.?A?dedicated?legal?team?is?in?place?to?manage?potential?infringement?risks,?establishing?a?comprehensive?IP?
                                                                                                                                                       protection? framework? spanning? R&D,? manufacturing? and? commercialization? activities.? During? the? reporting? period,? the? Company?
                                                                                                                                                       recorded? no? IP? infringement? incidents,? effectively? safeguarding? the? autonomy,? security? and? market? competitiveness? of? its? core?
                                                                                                                                                       technologies?and?products.
                                                                                                                                                       Science?and?Technology?Ethics
           Provinces?on?Extracorporeal?Therapies      Chinese?Society?of?Emergency?Medicine,                Hospital?Management
                                                           Chinese?Medical?Association                                                                 Jafron?strictly?adheres?to?applicable?laws,?regulations?and?medical?ethical?principles?in?key?areas?of?technology?ethics,??including?data?
                                                                                                                                                       privacy? protection? and? the? ethical? review? and? responsible? application? of? scienti?c? achievements,? such? as? the? World? Medical?
                                                                                                                                                       Association? Declaration? of? Helsinki,? ensuring? that? technological? innovation? is? pursued? in? parallel? with? the? ful?llment? of? social?
                                                                                                                                                       responsibility.? During? the? Reporting? Period,? the? Company? did? not? experience? any? major? violations? related? to? science? and? technology?
                                                                                                                                                       ethics.
                                                                                                                                                       Animal?Experiments
                                                                                                                                                       The? Company? has? established? an? Institutional? Animal? Care? and? Use? Committee? (IACUC).? Its? laboratory? animal? facilities? within? the?
                                                                                                                                                       Science?Building?are?licensed?for?animal?use.?All?animal?experiments?are?conducted?in?strict?compliance?with?the?following?regulations?
                                                                                                                                                       and?guidelines??GB?14922?2022?Laboratory?Animal—Microbiological?and?Parasitical?Standards?and?Monitoring,?the?Regulations?on?the?
         Committee?of?the?Chinese?Association?of                    of?the?CNSLD                                                                       Administration?of?Laboratory?Animals,?the?Guiding?Opinions?on?the?Humane?Treatment?of?Laboratory?Animals?and?GB/T?35892?2018?
                  Integrative?Medicin                                                                                                                  Laboratory? Animal—Guideline? for? Ethical? Review?of? Animal? Welfare.? The? Company? has? developed? a? comprehensive? set? of? laboratory?
                                                                                                                                                       management?systems?and?standard?operating?procedures?to?ensure?that?all?production?activities?respect?animal?life?and?welfare?and?
                                                                                                                                                       uphold?public?ethical?standards.
                                                                                                                                                       Medical?Device?Clinical?Trials
                                                                                                                                                       In?the??eld?of?clinical?trials?for?medical?devices,?Jafron?strictly?adheres?to?applicable?laws,?regulations?and?ethical?standards,?including?
                                                                                                                                                       the?Regulations?on?the?Supervision?and?Administration?of?Medical?Devices?and?the?Regulations?on?the?Administration?of?Registration?
     Protection?of?Intellectual?Property?Rights                                                                                                        and?Filing?of?Medical?Devices,?ensuring?that?all?clinical?trials?align?with?the?principles?of?protecting?subject?rights,?data?authenticity?and?
                                                                                                                                                       risk?controllability.?Through?ethical?reviews,?subject?rights?protection?and?data?security?management,?the?Company?complies?with?both?
     Jafron?places?great?importance?on?intellectual?property?(IP)?protection?and?management.?In?strict?accordance?with?the?Patent?Law?of?
                                                                                                                                                       domestic?and?international?laws?and?ethical?standards,?ensuring?its?scienti?c?research?activities?are?legal,?safe,?socially?valuable?and?
     the?People's?Republic?of?China?and?other?relevant?laws?and?regulations,?and?based?on?the?Company's?actualities,?we've?formulated?the?
                                                                                                                                                       respectful?of?subject?rights.
     Patent? Management? Regulations? to? regulate? patent? application,? incentives? and? maintenance? activities.? We've? established? a? patent?
     classi?cation? and? evaluation? system? and? built? an? information? platform? to? support? lifecycle? IP? management.? During? the? reporting?
                                                                                                                                                                                                               Core?Compliance?Requirements
     period,? the? Company? has? been? certi?ed? under? the? GB/T? 29490?2013? Intellectual? Property? Management? System? and? has? been?
     recognized?as?a?"National?Intellectual?Property?Demonstration?Enterprise".
                                                                                                                                                                                         All? trial? protocols? are? approved? by? the? Ethics? Committee? and? strictly? follow? legal? and? regulatory?
                                                                                                                                                           Ethical?Review
                                                                                                                                                                                         standards,?ensuring?informed?consent,?privacy?protection?and?risk?minimization?for?subjects.
                                                                                                                                                                                         Subject? information? is? encrypted? and? handled? with? full? traceability,? used? solely? for? research?
                                                                                                                                                           Data?Security
                                                                                                                                                                                         purposes.
                                                                                                                                                                                         Clinical? trials? are? conducted? in? accordance? with? the? Regulations? on? the? Supervision? and?
                                                                                                                                                        Quality?Supervision              Administration? of? Medical? Devices,? GCP? (Good? Clinical? Practice)? and? other? relevant? guidelines,?
                                                                                                                                                                                         with?interim?reports?submitted?to?regulatory?authorities?to?ensure?transparency?and?compliance.
                     IPR?Management?System?Certi?cation             National?Intellectual?Property?Demonstration?Enterprise
     Ethics?Awareness?Development                                                                                                                                In?terms?of?product?and?technology?accessibility,?the?Company?continues?to?expand?its?domestic?and?international?presence.?A?range?
                                                                                                                                                                 of?clinical?technologies?and?products?have?been?deployed?in?more?than?8,000?hospitals?across?over?90?countries?and?regions,?achieving?
     To? enhance? employees'? knowledge? and? skills? in? animal? ethics,? the? Company? conducts? training? on? science? and? technology? ethics?               the?goal?of?"Created?in?China,?Made?for?World"?and?contributing?to?improved?global?health?outcomes.?In?addition,?the?Company?remains?
     through?a?combination?of?internal?and?external?programs,?based?on?its?annual?training?plan.?The?training?covers?topics?such?as?ethical?                     committed? to? its? founding? principle? of? "making? high?quality? medical? technologies? accessible? to? more? patients".? We? continue? to?
     principles?for?professionals,?laboratory?animal?speci?cations,?biosafety?related?to?laboratory?animals,?and?regulatory?requirements?for?                    strengthen? healthcare? capacity? in? primary? care? institutions? and? underserved? regions.? Through? public? welfare? donations,? technology?
     clinical? trials? of? medical? devices.? We? are? committed? to? continuously? improving? our? tiered? training? system,? facilitating? the?                transfer?and?inclusive?healthcare?initiatives,?we?are?steadily?improving?healthcare?accessibility?and?helping?to?address?key?challenges?
     transformation? of? ethical? awareness? into? practical? execution,? and? building? a? dual?driven? mechanism? of? "Technological? Innovation? +?           such?as?limited?access?to?care,?treatment?affordability?and?geographic?disparities?in?healthcare?provision.
     Ethical?Safeguards"?to?ensure?a?sustainable?balance?between?research?value?and?the?rights?of?trial?subjects.
                                                                                                                                                                 At? the? same? time,? we? promote? health? education? through? channels? such? as? the? Jafron? WeChat? of?cial? account? and? the? i?DO? patient?
                                                                                                                                                                 management?service?platform,?offering?product?knowledge?sessions,?expert?lectures?and?real?world?patient?stories.
            Jafron?Organizes?Specialized?Training?on?Supervision?over?Clinical?Trials?of?Medical?Devices                                      Case
                                                                                                                                                                 Safety?and?Quality?of?Products?and?Services
                                                                                                                                                                 Jafron?strictly?complies?with?applicable?laws?and?regulations,?including?the?Product?Quality?Law?of?the?People's?Republic?of?China?and?
                                                                                                                                                                 the?Good?Supply?Practice?for?Medical?Devices.?Guided?by?its?quality?policy—”Building?Excellence?through?Expertise,?Winning?through?
                                                                                                                                                                 Quality? and? Serving? with? Integrity."—the? Company? has? established? a? robust,? well?structured? quality? management? system? to? ensure?
                                                                                                                                                                 consistent,?lean?and?effective?control?over?product?quality?and?safety.?During?the?reporting?period,?the?Company?reported?zero?major?
                                                                                                                                                                 quality?incidents?and?received?no?large?scale?quality?related?complaints.
                                                                                                                                                                 Governance
                                                                                                                                                                 Jafron?has?established?a?comprehensive?set?of?quality?management?policies,?including?the?Quality?Manual?and?the?Product?Assurance?
                                                                                                                                                                 Control?Procedures,?to?provide?a?strong?institutional?foundation?for?quality?management.?A?full?lifecycle?quality?management?framework?
                                                                                                                                                                 has?been?implemented,?covering?product?design,?manufacturing,?distribution?and?post?market?services.?The?General?Manager?serves?as?
                                                                                                                                                                 the?principal?accountable?person?for?medical?device?quality?and?assumes?overall?responsibility?for?product?quality?and?safety.?The?General?
     Medical?Accessibility                                                                                                                                       Manager? leads? the? establishment? of? a? long?term? accountability? mechanism? for? quality? and? safety,? organizes? periodic? management?
                                                                                                                                                                 reviews,?reviews?quarterly?reports?from?the?Management?Representative,?and?coordinates?key?initiatives?related?to?quality?risk?prevention?
     Jafron?remains?focused?on?its?core?business?and?remains?committed?to?science?and?technological?innovation,?continuously?deepening?its?                      and?control.?In?parallel,?all?functional?departments?operate?in?accordance?with?clearly?de?ned?responsibilities?and?authorities?set?out?in?
     presence?in?nephrology,?hepatology,?critical?care?and?sub?health?related??elds.?We?actively?expand?the?boundaries?of?clinical?applications?                 the?quality?system?documentation,?ensuring?rigorous?implementation?of?quality?control?requirements?across?the?entire?product?lifecycle.
     and? are? dedicated? to? providing? high?quality? products? and? solutions? for? patients? with? critical? and? complex? conditions,? including? uremia,?
     severe?liver?disease?and?systemic?lupus?erythematosus.                                                                                                      As?of?the?end?of?the?reporting?period,?the?Company?and?its?major?subsidiaries?have?successfully?obtained?ISO?9001?quality?management?
                                                                                                                                                                 system?certi?cation?and?ISO?13485?medical?device?quality?management?system?certi?cation.
     In? the? nephrology? ?eld,? the? Company? continues? to? strengthen? engagement? with? existing? hospital? networks? by? implementing? screening?
     programs?and?patient?education?initiatives?for?dialysis?related?complications,?enabling?earlier?identi?cation?of?patients?requiring?treatment?
     and?improving?the?penetration?rate?of?hemoperfusion?therapy?among?uremia?patients.?We?also?continue?to?expand?our?product?portfolio,?
     providing? preventive? and? therapeutic? solutions? across? all? stages? of? dialysis? and? for? different? types? of? complications,? thereby? more?
     comprehensively?addressing?the?clinical?needs?of?maintenance?hemodialysis?patients.
     In? the? hepatology? ?eld,? the? Company? has? established? multiple? regional? model? arti?cial? liver? centers? across? China.? Leveraging? these?
     centers?as?demonstration?hubs,?we?continue?to?promote?the?clinical?adoption?and?standardization?of?the?double?plasma?molecular?absorb?
     system?(DPMAS)?technology.?During?the?reporting?period,?we?conducted?multiple?training?programs?on?blood?puri?cation?diagnosis?and?
     treatment?for?liver?failure,?hands?on?clinical?observation?sessions?and?patient?education?activities,?thereby?improving?the?standardization?
     and?quality?of?arti?cial?liver?blood?puri?cation?practices.
     In?the??eld?of?emergency?and?critical?care,?the?Company?focused?on?technology?dissemination?and?ecosystem?development?in?emergency?
     medicine?in?2025.?Through?a?dual?engine?approach?comprising?the?"Emergency?Blood?Puri?cation?China?Tour"?and?standardized?training?
     programs?for?acute?poisoning?diagnosis?and?treatment,?we?promoted?the?wider?adoption?of?hemoadsorption?technologies?in?emergency?
     settings.? We've? preliminarily? established? a? nationwide? network? of? emergency? medicine? experts? centered? around? the? Chinese? Medical?
     Association? and? the? Chinese? Medical? Doctor? Association.? Technical? training? and? educational? programs? have? been? conducted? across?
     multiple? provinces? and? municipalities,? enhancing? clinical? awareness? and? understanding? of? hemoadsorption? technologies? in? emergency?
     care.                                                                                                                                                                                               Some?Quality?Management?System?Certi?cation?Certi?cates
     Strategy                                                                                                                                                                                        Impact,?Risk,?and?Opportunity?Management
                                                                                                                                                                                                     Jafron?places?high?priority?on?the?identi?cation?and?management?of?risks?and?opportunities?associated?with?product?and?service?safety?
     To?ensure?sustained?product?quality,?Jafron?systematically?identi?es?and?assesses?potential?risks?and?opportunities?related?to?product?
                                                                                                                                                                                                     and?quality.?We've?established?an?institutional?framework?centered?on?the?Risk?Management?Control?Procedures,?which?clearly?de?ne?
     quality.? For? identi?ed? risks,? targeted? mitigation? measures? are? implemented? based? on? risk? characteristics,? quality? requirements? and?
                                                                                                                                                                                                     risk? management? processes,? roles? and? responsibilities.? Through? routine,? end?to?end? risk? management? practices,? we? ensure?
     applicable? regulatory? standards,? thereby? reducing? quality?related? exposure.? At? the? same? time,? we? actively? capture? opportunities? to?                                              comprehensive? coverage? across? the? full? lifecycle? of? blood? puri?cation? devices—from? design? and? development,? manufacturing? and?
     enhance?product?quality?and?strengthen?market?competitiveness.                                                                                                                                  clinical? application? to? end?of?life? disposal—thereby? ensuring? that? risks? at? each? stage? are? systematically? identi?ed? and? controlled?
                                                                                                                                                                                                     within?acceptable?limits.
                                                                                                      Potential
        Risk                                                                         Impact                                                                                                                                                                         Risk?Management?Process
                                     Description?of?Risk                                              Financial                                 Countermeasures
        Type                                                                        Duration?
                                                                                                       Impac?
                                                                                                                                                                                                                                                      Intended?Use?and?Reasonably?Foreseeable?Misuse
                       Hemoperfusion? products? are? subject? to?
       Risks?from?     rigorous? regulatory? oversight? related? to?             Increased
      Changes?in?                                                               compliance                                  Conduct? regular? reviews? of? policies? and? regulations;?                                                               Identi?cation?of?Safety?Related?Characteristics
                       manufacturing,? marketing? authorization?                                                                                                                                                                   Risk?Analysis
       Laws?and?                                                                                                            ensure?timely?product?certi?cations?to?ensure?product?
                       and? corporate? quali?cations.? Enterprises? Medium?term     and
                                                                                                                                                                                                                                                      Hazard?and?Hazardous?Conditions?Identi?cation
                                                                                                                                                                                                                                                                                                                               Assessment
      Regulations                                                                operating                                  compliance?with?established?standards
                       must? swiftly? adapt? to? evolving? laws? to?
                       ensure?ongoing?compliance.                                  costs                                                                                                                                                              Risk?Estimation
                                                                                                                                                                                                                                                                                                                                  Risk?
                                                                                                                                                                                                                                                                     Risk?Evaluation
                                                                                                                                                                                                          Risk?Management?Plan
                       As? our? core? product? —? the? disposable?                                                          Strengthen? quality? control? through? comprehensive?
                                                                                                                                                                                                                                                                                                                                                   Risk?Management
                       hemoperfusion? cartridge? —? comes? into?                                     Increase?in            quality?management
       Product?        direct?contact?with?human?blood,?the?prod?                                     operating                                                                                                                                       Risk?Protocol?Analysis      Bene?t?Risk?Analysis
      Safety?Risk      uct? safety? is? critical? to? patient? lives? and?                                                  Perform?routine?inspections?and?monitoring?to?identify?
                                                                                                      costs?and
                                                                                    Medium?to                               potential?quality?issues
                       health.? Any? compromise? in? product? safety?                                decrease?in                                                                                                                    Risk?control      Implementation?of?Risk      Risks?Arising?from?Risk?Control
                                                                                    long?term
                       may? result? in? serious? medical? incidents,?                                 operating                                                                                                                                       Control?Measures            Measures
                                                                                                                            Provide? quality? training? to? enhance? employee?
                       potentially?harming?brand?reputation.?This?                                    revenue.              expertise? in? product? knowledge? and? equipment?
                       could? lead? to? production? halts,? a? loss? of?                                                                                                                                                                              Residual?Risk?Evaluation    Risk?Control?Integrity
                                                                                                                            operation
                       market?share?and?a?reduction?in?sales.
                                                                                                                                                                                                                                                        Comprehensive?Residual?Risk?Evaluation
                                                                                                                            Establish?a?responsive?and?robust?after?sales?service?
                                                                                                Increased                   system? to? capture? feedback? and? drive? continuous?                                                                              Risk?Management?Review
       Product         Post?sale?quality?issues?or?customer?com?
                       plaints,? especially? mass? returns,? can? sig?                          operating                   improvement?in?product?design?and?service?quality
      quality?or
                       ni?cantly?undermine?brand?reputation?and?                    Short?term  costs?and
      customer                                                                                                              Maintain? a? proactive? product? recall? mechanism? to?
                       customer?loyalty.                                                       reputational
     complaints                                                                                                             ensure?swift?response?to?and?resolution?of?any?quality?
                                                                                                   loss                                                                                                                           Production?and
                                                                                                                            incidents                                                                                                                  General?Provisions         Information?Review
                                                                                                                                                                                                                                  Post?Production
                                                                                                                                                                                                                                     Activities        Information?Gathering      Measures
     Opportunity?                                                                    Impact           Potential
                                Description?of?Opportunity                                                                                      Countermeasures
       Type                                                                         Duration          Financial?
                       Growing? demand? for? higher? safety? and?
                                                                                                                            Deepen? R&D? of? core? products? by? upgrading? HA? and?
                                                                                                                            KHA? series? disposable? hemoperfusion? cartridges,?
                                                                                                                            accelerating? the? commercialization? of? new? products?
                                                                                                                                                                                                     Metrics?and?Targets
                       quality? standards? in? medical? devices?                                      Increased             such ? as ? CRRT ? ?lters, ? and ? reinforcing ? core?
       Product
                       offers? the? Company? an? opportunity? to?                                      pricing,?            technological?barriers?in?adsorption?materials.
                                                                                                                                                                                                     In?alignment?with?applicable?regulatory?requirements,?customer?demands?and?the?Company's?strategic?objectives,?we've?established?
       Market                                                                       Medium?to
                                                                                                      sales?and
     Opportunities     upgrade? product? offerings,? elevate? brand?                long?term
                                                                                                                            Leverage? the? CNAS?accredited? national? laboratory? to?                quality? and? safety? targets? spanning? the? entire? product? lifecycle,? continuously? driving? improvements? in? quality? management?
                       value?and?capture?greater?market?share.                                         revenue
                                                                                                                            enhance? advanced? benchmarking? testing? capabilities?                  performance.
                                                                                                                            and?ensure?stringent?quality?control?across?the?entire?
                                                                                                                            production?process.
                                                                                                                            Introduce? automated? manufacturing? equipment? and?                                                                           Quality?Target                                                           2025年达成情况
                                                                                                                                                                                                                                                                                                                                    Achievements?in?2025
                       The?continued?evolution?of?intelligent?man?                                                          AI?enabled? quality? control? technologies? to? optimize?
       Product         ufacturing? and? digital? transformation?                                                            key?processes?such?as?resin?screening?and??lling.
                                                                                    Medium?to Reduction?in                                                                                               Major?(or?above)?quality?incidents?=?0;?serious?quality?incidents?≤1                                                                 Achieved
       Upgrade         enables? the? Company? to? enhance? service?
     Opportunities                                                                  long?term Production                    Establish? a? digital? service? platform? covering?
                       quality?and?operational?ef?ciency?by?lever?
                                                                                                 Costs                      equipment? operation? and? maintenance,? as? well? as?
                       aging?automation?and?other?technologies.
                                                                                                                            patient? follow?up? and? related? service? scenarios,? to?
                                                                                                                            enhance?customer?engagement?and?retention.
                                                                                                                                                                                                         Number?of?recalls?due?to?quality?issues??0                                                                                           Achieved
     Note??Impact?Duration??refers?to?the?different?periods?when?different?climate?related?risks?and?opportunities?will?affect?the?Company.?The?Company?categorizes?the?impact?duration?into?short
     term?(0?1?year),?medium?term?(1?5?years),?and?long?term?(over?5?years).
                                                                                                                                                                                Beijing?Jafron?has?established?the?RoHS?Control?Procedures?tailored?to?the?speci?c?characteristics?of?its?medical?device?products?and?
                                                                                                                                                                                implemented? a? comprehensive,? multi?dimensional? hazardous? substance? management? system? covering? the? entire? product? lifecycle.?
                                                                                                                      Number?of?Internal?Quality?Audits                         This? system? focuses? on? the? effective? control? of? hazardous? substances? in? raw? materials,? manufacturing? processes? and? ?nished?
                             First?Pass?Yield
                                                                                                                      Conducted                                                 products,? ensuring? that? all? products? meet? safety? and? compliance? standards? as? well? as? applicable? RoHS? requirements? and?
                                                                                                                                                                                environmental?and?safety?standards.
                                                                                                                                                                                       Monitoring?Scope                                   Processes?Covered                                          Key?Monitoring?Items
                             Incidence?Rate?of?Major?Quality?Incidents
                                                                                                                                                                                        Components
                                                                                                                                                                                                                                     Procurement?Quali?cation,
                                                                                                                                                                                                                                        Incoming?Inspection
                                                                                                                                                                                                                                                                              ????and?mercury;
                                                                                                                                                                                                                                     In?process?Inspection?and            1.?Process?water??microorganisms,?endotoxins?and?chemical
                                                                                                                                                                                   Production?Process
     Product?Quality?Control                                                                                                                                                                                                         Environmental?Monitoring             contaminants;
                                                                                                                                                                                                                                                                          in?controlled?clean?areas;
     Lifecycle?Quality?Management
                                                                                                                                                                                                                                     Final?Release?Testing?and
     Guided?by?key?domestic?and?international?regulatory?standards,?Jafron?has?developed?a?comprehensive?set?of?procedural?documents?                                              Finished?Products                                                                      1.?Residual?levels?of?hazardous?substances;
                                                                                                                                                                                                                                            Type?Testing
     and?speci?cations,?including?the?Production?Process?Control?Procedures?and?the?Product?Protection?Control?Procedures.?These?form?                                                                                                                                    2.?Biocompatibility?related?parameters;
     an?integrated?lifecycle?management?system?covering?product?planning,?design?and?development,?procurement,?manufacturing,?delivery?                                                                                                                                   3.?Sterility?assurance?and?particulate?contamination?for?sterile
     and? after?sales? services.? Risk? management,? compliance? control? and? process? validation? are? embedded? throughout? all? stages? of? the?                                                                                                                      ????medical?devices.
     product? lifecycle.? In? addition,? we? employ? a? combination? of? incoming? inspection,? in?process? sampling? and? independent? third?party?
     testing?to?proactively?identify?and?mitigate?quality?risks.?This?approach?ensures?that?all?products—including?disposal?hemoperfusion?
     cartridges? and? blood? puri?cation? equipments—are? effectively? controlled? at? every? stage,? from? initial? concept? through? to? market?
     withdrawal,?enabling?the?consistent?delivery?of?safe,?effective?and?compliant?medical?devices?that?meet?global?market?and?customer?
     expectations.
                                                                                                                                                                                Nonconforming?Product?Control?and?Product?Recall
                                                                                                                                                                                Jafron? has? established? the? Non?conforming? Product? Control? Procedures,? de?ning? a? closed?loop? management? mechanism? and?
            Design?and?R&D?Stage                           Procurement?Control?Stage                                                                                            handling? process? encompassing? "identi?cation–segregation–evaluation–disposal–improvement".? This? framework? is? designed? to?
                                                                                                                       Production?Implementation?Stage
              (Ensuring?compliance?and                          (Strengthening?supply                                                                                           prevent?unintended?use?or?delivery?of?non?conforming?products?and?to?safeguard?patient?safety.
                                                                                                               (Ensuring?product?consistency?across?the?production?lifecycle)
             effectiveness?at?the?source)                      chain?quality?assurance)
                                                          Supplier?management                                     Production?process              Product?identi?cation                                                                           Nonconforming?Product?Treatment?Process
         Planning?and?input?de?nition                     Procurement?information                                 control                         and?traceability
                                                          control                                                 Validation?of?special           Product?protection
         Output?and?review                                                                                                                                                                                                                                              Conclusion
                                                          Veri?cation?of?purchased                                processes
         Veri?cation?and?validation                       products                                                Sterilization?and?aseptic                                                                                                               Special?Approval
                                                          Control?of?outsourced?processes                         control                                                                                                                 Use?under
                                                                                                                                                                                                                                         Concession        (Prohibited?for
                                                                                                                                                                                                                                                          Medical?Devices)
                                                                                                                                                                                                                                                                                  Rejection/Return         Supplier?Communication
                                                                                                                                                                                                                                                                                                                                          Root?Cause?Analysis
                                                                                                                                                                                                                                                                                                                and?Handling
                                                                                                                                                                                                                                                                                                                                           and?Improvement
                                                                                                                                                                                   of?Nonconforming
                                                                                                                                                                                                                     Nonconforming
          Continuous?Improvement?Stage                            After?sales?Management?Stage                                       Sales?and?Delivery?Stage
                                                                                                                                                                                                      Labeling?and
                                                                                                                                                                                      Identi?cation
                                                                                                                                                                                                                       Review?of
                                                                                                                                                                                                                       Products
                                                                                                                                                                                                        Isolation
                                                                                                                                                                                        Products
       (Driving?system?and?product?quality?enhancement)           (Closed?loop?control?of?post?market?risks)                  (Ensuring?compliant?distribution?and?delivery)
                                                                                                                                                                                                                                                                        Scrapping
                                                                                                                                                                                                                                                                                                                Harmless?Disposal
                                                                                                                                                                                                                                                                                                No
           Internal?audit                                           Handling?of?customer?feedbacks                                      Contract?review
           Management?review
                                                                    Monitoring?of?adverse?events                                        Product?delivery                                                                                                Re?validation            Inspection
           Data?analysis                                                                                                                                                                                                                 Rework                                                      Yes        Lifting?of?Isolation
                                                                                                                                                                                                                                                        After?Rework              Passed?
           Corrective?and?preventive?actions                        Product?recall                                                      Post?delivery?protection
     To? ensure? timely? and? effective? response? to? potential? quality? incidents,? Jafron? has? implemented? policies? including? the? Field? Safety?
                                                                                                                                                                       Key?Performance
     Noti?cation,? Product? Recall? and? Information? Disclosure? Control? Procedures? and? the? Product? Recall? Control? Procedures.? We've?
     established? a? comprehensive? recall? management? system? under? which? cross?functional? teams? from? Quality? Management,? Customer?
     Service? and? Sales? are? responsible? for? issuing? domestic? ?eld? safety? notices? and? executing? recalls? of? medical? devices.? These? teams?
                                                                                                                                                                     Participants?in?Quality?Training                   Total?Duration?of?Quality?Training                   Sessions?of?Quality?Training
     conduct?timely?root?cause?analyses,?provide?supplemental?information?and?guidance?and?implement?corrective?actions?to?ensure?that?
     any? potentially? defective? products? are? promptly? removed? from? the? market? —? minimizing? adverse? impacts? associated? with? quality?
     issues?and?safeguarding?the?health?and?safety?of?patients?and?healthcare?professionals.
                                                                  Product?Recall?Process
                                                                                                                                                                     Specialized?Training?on?Regulatory?and?Quality?Management?System?Requirements                                                       Case
                                                                       Development?and
                                         Investigation?and                                         Product?Handling                 Retention?of
             Recall?Trigger                                           Implementation?of
                                            Assessment                                              and?Evaluation                 Recall?Record                  To?effectively?advance?the?Quality?Year?initiatives?and?further?standardize?end?to?end?quality?control?throughout?production,?
                                                                         Recall?Plan
                                                                                                                                                                  Jafron’s? Production? Department? organized? specialized? training? sessions? on? regulatory? and? quality? management? system?
                                                                                                                                                                  requirements.? The? training? focused? on? industry? laws? and? regulations,? quality? management? system? standard? clauses,? role?
                                                                                                                                                                  speci?c?compliance?points,?and?practical?management?practices.?By?analyzing?real?world?work?cases,?the?sessions?provided?
     Post?Marketing?Surveillance?and?Control                                                                                                                      in?depth? explanations? of? core? requirements,? helping? the? staff? clarify? management? boundaries? and? master? compliance?
     Jafron?has?established?a?robust?post?market?surveillance?(PMS)?system?covering?both?domestic?and?international?markets,?in?accordance?                       work?ows.?Through?systematic?learning,?the?training?strengthened? employees’?legal?awareness?and?system?consciousness,?
     with? the? CE? Product? Post?market? Surveillance? Control? Procedures.? This? system? supports? full? lifecycle? safety? management? of? medical?           ensuring?the?practical?implementation?of?all?management?system?requirements.
     devices,?with?particular?focus?on?core?products?such?as?disposable?hemoperfusion?cartridges?and?blood?puri?cation?equipments.
     Prior?to?product?launch,?we?develop?a?dedicated?Post?market?Surveillance?Plan?for?each?product?line,?clearly?de?ning?the?scope?of?data?
     collection,? including? clinical? usage? data,? adverse? event? reports,? customer? complaints,? market? sampling? results,? and? supplier? quality?
     feedback.? These? data? streams? are? integrated? with? the? Unique? Device? Identi?cation? (UDI)? system? to? enable? end?to?end? traceability,?
     ensuring?precise?linkage?to?speci?c?product?batches?and?use?scenarios.
     Following? data? collection,? the? Quality? Management? Department,? in? collaboration? with? the? Customer? Service? Department? and? Quality?
     Inspection?Department,?performs?integrated?data?analysis?to?identify?quality?trends?and?emerging?risks.?Periodic?Safety?Update?Reports?
     (PSURs)?are?prepared?in?accordance?with?regulatory?requirements?to?support?ongoing?product?safety?evaluation.?For?CE?marked?products,?
     Post?Market? Clinical? Follow?up? (PMCF)? Plans? are? established? and? executed,? with? corresponding? reports? generated? to? meet? the?
     requirements?of?the?EU?Medical?Device?Regulation?(MDR).
     Where? potential? risks? are? identi?ed,? corrective? and? preventive? actions? (CAPA)? are? promptly? initiated,? including? process? optimization,?
     issuance? of? advisory? notices,? and,? where? necessary,? product? recalls.? The? Internal? Audit? Department? conducts? quarterly? reviews? of? PMS?   Customer?Service
     implementation,?while?supporting?inspections?by?regulatory?authorities?and?EU?noti?ed?bodies.?This?closed?loop?governance?mechanism?
                                                                                                                                                              Customer?Service?Management
     ensures?patient?safety.
     Evidence?Based?Product?Validation                                                                                                                        Jafron? adheres? to? its? service? philosophy? of? "Integrity? in? Service?? Customer? satisfaction? is? the? ultimate? objective? of? all? our? efforts".?
                                                                                                                                                              Guided? by? customer? needs? and? underpinned? by? both? product? quality? and? service? excellence,? we? continuously? optimize? service?
     Jafron? places? strong? emphasis? on? clinical? validation? and? the? generation? of? evidence?based? medical? data,? guided? by?the? principle? of?
                                                                                                                                                              processes? and? enhance? customer? engagement,? progressively? building? a? customer?centric? service? ecosystem.? By? formulating?
     "substantiating?ef?cacy?through?evidence?and?advancing?development?through?scienti?c?research".?We've?conducted?multiple?clinical?
                                                                                                                                                              governance? frameworks?such? as?the?Customer? Service? Management? System,?the?Customer? Feedback? Response? Control?Procedures?
     studies?in?key?therapeutic?areas,?including?hepatology?and?nephrology.?Through?systematic?academic?engagement?and?the?continuous?
                                                                                                                                                              and? the? After?sales? Service? Control? Procedures,? we've? established? clear? standards? for? after?sales? service? delivery? and? customer?
     accumulation?of?clinical?evidence,?we've?progressively?established?a?robust?evidence?base?supporting?the?safety?and?effectiveness?of?                    feedback?management.?The?Customer?Service?Department?serves?as?a?dedicated?function?responsible?for?customer?communication,?
     our? products.? Relevant? research? ?ndings? have? been? published? in? leading? domestic? and? international? academic? journals? and? have?            feedback? management,? satisfaction? surveys? and? relationship? maintenance,? providing? a? solid? foundation? for? consistent,? high?quality?
     contributed?to?the?development?of?clinical?practice?guidelines.                                                                                          service?delivery.
     Quality?Culture?Development                                                                                                                              Established?in?2002,?the?Customer?Service?Center?is?staffed?entirely?by?female?professionals?with?medical?expertise.?Since?its?inception,?
                                                                                                                                                              the? center? has? provided? 24/7? support? services,? handling? over? 300,000? customer? interactions? annually? and? serving? more? than?
     To? effectively? implement? its? quality? policy,? Jafron? actively? promotes? organization?wide? participation? in? quality? management.? A?            6,000?hospitals?nationwide.?It?delivers?comprehensive?technical?support?across?the?entire?customer?support?process—from?pre?sales?
     structured?and?comprehensive?quality?training?system?has?been?established?to?enhance?employees'?quality?awareness?and?technical?                         consultation?to?post?sales?service—while?regularly?disseminating?academic?updates?and?industry?insights.?In?addition,?the?Company?
     competencies.? An? annual? quality? training? plan? is? developed? and? rigorously? executed? for? all? employees,? covering? key? areas? such? as?      conducts? systematic? product? and? service? evaluations? to? capture? customer? feedback? and? inform? continuous? product? iteration? and?
     product? knowledge,? adverse? event? monitoring,? manufacturing? quality? control,? facility? and? equipment? management,? and? applicable?              service? enhancement.? These? efforts? support? the? ongoing? professionalization,? standardization? and? human?centered? evolution? of? the?
     medical? device? regulations.? In? 2025,? the? Company? continued? to? roll? out? quality?focused? training? and? communication? initiatives,?           Company's?customer?service?model,?reinforcing?its?commitment?to?delivering?high?quality,?patient?centric?service.?During?the?reporting?
     ensuring?that?employees?remain?fully?aligned?with?the?latest?quality?management?standards?and?product?requirements.                                      period,?Jafron's?Customer?Service?Center?was?honored?with?the?title?of?"National?March?8th?Red?Banner?Collective".
                                                                                                                                                                                                Responsible?Marketing
                                                                                                                                                                                                Jafron? strictly? complies? with? applicable? laws? and? regulations,?
                                                                                                                                                                                                                                                                                  Training?on?Responsible?Marketing                    Case
                                                                                                                                                                                                including?the?Advertising?Law?of?the?People's?Republic?of?China?
                                                                                                                                                                                                and?the?Law?of?the?People's?Republic?of?China?on?the?Protection?
                                                                                                                                                                                                of? Consumer? Rights? and? Interests.? We've? established? internal?
                                                                                                                                                                                                governance?frameworks?such?as?Jafron's?Manual?for?Marketing?
                                                                                                                                                                                                Compliance?Management?System?and?the?Marketing?Promotion?
                                                                                                                                                                                                Compliance? Guidelines? to? reinforce? compliance? across? all?
                                                                                                                                                                                                marketing? activities.? In? academic? promotion,? technical?
                                                                                                                                                                                                marketing? and? brand? communication,? we? strictly? prohibit?
                                                                                                                                                                                                exaggerated? or? misleading? claims,? ensuring? that? all? marketing?
                                                                                                                                                                                                practices? are? conducted? in? a? lawful,? ethical? and? transparent?
                                                                                                                                                                                                manner? so? as? to? safeguard? consumer? rights? and? uphold? fair?
                                                                                                                                                                                                market?practices.
                                                                                                                                                                                                During? the? reporting? period,? the? Company? offered? 18? training?
                                                                                                                                                                                                sessions?on?responsible?marketing,?and?no?violations?related?to?
                                                                                                                                                                                                marketing?activities?occurred.
     Customer?Satisfaction
     Jafron?regards?customer?satisfaction?as?a?core?indicator?of?service?quality.?To?support?this,?we've?established?governance?frameworks?                                                     Information?Security?and?Data?Protection
     including? the? Customer? Feedback? Monitoring? and? Management? Policy? and? the? Customer? Satisfaction? Monitoring? Management?
                                                                                                                                                                                                Jafron? strictly? adheres? to? applicable? national? data? security? regulations? and? is? committed? to? establishing? a? long?term,? robust?
     System.? Leveraging? multi?channel? data? collection—such? as? comprehensive? surveys,? sample?based? assessments,? and? digital?
                                                                                                                                                                                                framework?for?data?security?and?privacy?protection.?By?integrating?compliance?governance,?technical?safeguards?and?risk?management?
     platforms? including? the? of?cial? WeChat? account—the? Customer? Service? Department? conducts? ongoing? monitoring? and? quantitative?
                                                                                                                                                                                                controls,?we?provide?strong?assurance?for?the?protection?of?customer?privacy?and?support?digital?transformation.?During?the?Reporting?
     analysis?of?hospital?customers'?product?usage?experience,?enabling?the?tracking?of?satisfaction?trends?over?time.?Guided?by?customer?
                                                                                                                                                                                                Period,?no?violations?related?to?information?security?or?privacy?protection?occurred?in?the?Company.
     expectations,? we? continue? to? strengthen? trust?based? relationships? with? our? customers,? enhancing? overall? satisfaction? levels? while?
     reinforcing?brand?credibility?and?market?trust.
                                                                                                                                                                                                Information?Security?Management
             Key?Performance
                                                                                                                                                                                                Jafron?complies?with?applicable?laws?and?regulations,?including?the?Cybersecurity?Law?
             During? the? reporting? period,? a? total? of? 480? customers? participated? in? the? customer? satisfaction? survey,? with? 574? valid?                                           of?the?People's?Republic?of?China?and?the?Data?Security?Law?of?the?People's?Republic?
                                                                                                                                                                                                of? China,? and? aligns? its? information? security? practices? with? the? ISO/IEC? 27001?
             questionnaires?distributed;?and?the?average?customer?satisfaction?rating?stood?at?97.14%.                                                                                          Information?Security?Management?System.?We've?formulated?the?General?Information?
                                                                                                                                                                                                Security? Policy,? systematically? governing? key? areas? such? as? routine? system?
       Note?? The? overall? customer? satisfaction? is? calculated? by? averaging? the? following? satisfaction? measures—Adsorbent? category?? 98.8%,? Equipment? category?? 97.1%,? Tubing?   operations,?security?control?measures,?data?storage?and?data?transmission?protocols,?
       category??97.2%,?Plasma?Separator/Hemodialyzer?category??92.6%,?Bandage?category??100%.                                                                                                  to? ensure? information? security? across? business? operations.? These? measures? are?
                                                                                                                                                                                                designed?to?prevent?unauthorized?disclosure?of?know?how?and?business?secrets?and?
                                                                                                                                                                                                to?safeguard?the?Company's?core?competitiveness.
     Handling?of?Customer?Complaints                                                                                                                                                            At? the? organizational? level,? we've? established? a? structured? information? security?
                                                                                                                                                                                                governance? framework.? An? Information? Security? Steering? Committee,? composed? of?
                                                                                                                                                                                                senior? management,? serves? as? the? highest? decision?making? body? for? information?
     Adhering?to?a?customer?centric?approach,?Jafron?has?established?a?robust?after?sales?service?system?supported?by?dedicated?policies,?
                                                                                                                                                                                                security? matters,? ensuring? strong? executive? oversight? and? support.? The? Information?
     including? the? Complaint? Control? Procedures,? the? Customer? Complaint? Reception? and? Handling? Management? Policy,? and? the?
                                                                                                                                                                                                Security? Department,? serving? as? the? oversight? body? of? information? security,? is?
     Hemoperfusion?Product?Complaint?Control?Procedures.?Led?by?the?Quality?Management?Department,?a?dedicated?task?force?conducts?                                                             responsible? for? establishing? and? maintaining? the? Company's? Information? Security?
     comprehensive,? end?to?end? investigations? of? each? complaint.? These? investigations? cover? multiple? dimensions,? including? product?                                                 Management? System? (ISMS).? In? addition,? each? department? assigns? full?time? or? part?
     quality? status,? the? correlation? between? reported? issues? and? product? performance,? compliance? in? product? use,? and? compliance?                                                 time? information? security? personnel,? while? key? business? units? establish? dedicated?
     throughout? the? distribution? process.? Based? on? the? ?ndings,? root? causes? are? identi?ed? and? the? relationship? between? the? issue? and?                                         roles? responsible? for? implementing? security? policies,? standards,? and? procedures,? as?
     product?quality?or?service?performance?is?systematically?assessed.?This?structured?mechanism?ensures?that?customer?complaints?are?                                                         well? as? conducting? compliance? inspections? and? security? incident? investigations.? The?
                                                                                                                                                                                                Information? Security? Department? maintains? regular? coordination? with? business? units?
     received,?investigated,?evaluated?and?resolved?in?a?timely,?objective,?and?effective?manner.?At?the?same?time,?customer?feedback?and?
                                                                                                                                                                                                to? ensure? that? all? security? controls? are? appropriately? aligned? with? business? risk?
     suggestions? are? promptly? addressed? and,? where? appropriate,? incorporated? into? continuous? process? improvements,? further?                                                         pro?les.
     strengthening?the?Company's?complaint?management?framework.
                                                                                                                                                                                                The? i?Do? Chronic? Disease? Management? System? and? Yuebao? Insurance? System? have?
                                                                                                                                                                                                obtained? Tier?3? data? security? protection? certi?cations,? while? the? Yuebao? of?cial?
                                                                                                                                                                                                website?system?has?obtained?Tier?2?data?security?protection?certi?cation.
     Information?Security?Management                                                                                                                           Training?on?Information?Security
     To?continuously?strengthen?its?information?security?capabilities?and?ensure?the?con?dentiality?and?integrity?of?business?data,?Jafron?                    To? ensure? employees? are? fully? aware? of? information? security? risks? and? requirements? relevant? to? their? roles,? Jafron? conducts? regular?
     has?implemented?a?comprehensive?set?of?control?measures?to?build?a?secure?and?reliable?network?environment.                                               training? and? awareness? programs? for? full?time? or? part?time? information? security? personnel? across? departments.? Employees? are?
                                                                                                                                                               required? to? maintain? strong? information? security? awareness? in? their? daily? operations,? enhancing? their? ability? to? identify? and? mitigate?
                                                                                                                                                               data?security?risks.?During?the?reporting?period,?the?Company?delivered?targeted?capability?building?training?for?part?time?information?
                               The? Company? implements? tiered? classi?cation? for? data? and? information? assets,? clearly? de?ning? protection?            security?of?cers?across?its?branches.?The?training?covered?topics?including?AI?applications?and?associated?security?risks,?secure??le?
                               scopes?and?control?requirements?for?critical,?important?and?general?data.?A?Data?Loss?Prevention?(DLP)?system?                  backup? practices? and? email? security,? supported? by? case? studies? and? hands?on? exercises.? Training? effectiveness? was? assessed? to?
                               has? been? deployed? to? enable? document? classi?cation,? hierarchical? protection? and? real?time? encryption.? Strict?       further? strengthen? the? professional? competence? and? execution? capability? of? information? security? personnel,? thereby? reinforcing? the?
            Data?              access? controls? are? enforced? for? external? transmission? and? decryption? permissions,? with? asset? labeling? and?
      Classi?cation?and?                                                                                                                                       Company's?overall?cybersecurity?defense?framework.
         Encryption?           transmission? auditing? mechanisms? in? place? to? ensure? full? traceability? and? auditability? of? data? operations.? All?
        Management             sensitive?documents?must?undergo?approval?and?declassi?cation?before?being?transmitted?externally..?External?
                               transmission? permissions? are? subject? to? regular? review,? and? non?compliant? access? rights? are? dynamically?
                               revoked.? These? measures? are? designed? to? prevent? unauthorized? access,? leakage,? alteration,? destruction? or?                    Key?Performance
                               misuse?of?data?belonging?to?suppliers,?customers?and?employees.
                               The? Company? has? established? a? structured? information? security? risk? identi?cation? mechanism? and? strictly?                Number?of?Training?Sessions                  Coverage?Rate?of?Training?on?Data                 Per?Capita?Training?Hours?for?Training?on
                               implements? a? standardized? risk? management? process.? Potential? risks? are? identi?ed? across? key? domains,?                   on?Data?Security/Customer                    Security/Customer?Privacy?Protection              Data?Security/Customer?Privacy?Protection
      Risk?Assessment          including?device?security,?data?security,?physical?security?and?network?security.?Identi?ed?risks?are?subject?to?a?                 Privacy?Protection
                               comprehensive?assessment?and?classi?ed?accordingly.?Targeted?mitigation?strategies?are?then?developed,?with?
                               clearly?de?ned?corrective?actions,?accountable?owners?and?recti?cation?deadlines.
                                                                                                                                                                        Times                                  100%?                                              2?   Hours
                               The? Company? conducts? periodic? information? security? audits? to? evaluate? the? effectiveness? and? compliance? of?
       Security?Audits         existing?control?measures,?and?to?monitor?the?implementation?status?of?corrective?actions?for?identi?ed?risks.
                               The? Company? regularly? organizes? relevant? personnel? to? address? cybersecurity? vulnerabilities? and? high?risk?           Customer?Privacy?Protection
                               issues.?We?simulate?data?recovery?following?system?outages?caused?by?external?attacks?and?perform?disaster?
         Attack?and            recovery?drills?to?enhance?our?emergency?response?capabilities?for?unforeseen?incidents,?thus?ensuring?timely?
        Defense?Drills                                                                                                                                         Jafron?strictly?complies?with?applicable?laws?and?regulations?and?maintains?robust?con?dentiality?controls?over?customer?information?
                               and? effective? protection? of? information? assets.? During? the? Reporting? Period,? the? Company? conducted?           2?    and?data?security.?Prior?to?the?use?of?products?and?services?such?as?"i?Do"?and?"Yuebao",?users?are?fully?informed?through?the?Privacy?
                               information?safety?emergency?drills.
                                                                                                                                                               Policy?regarding? the? categories? of?personal? information? collected? and?the? purposes? of?use.?Upon? obtaining? users'? authorization? and?
                                                                                                                                                               consent,? the? Company? processes? personal? information? in? strict? accordance? with? the? agreed? terms? and? implements? comprehensive?
                                                       Selected?Disaster?Recovery?Drill?Results                                                                data? con?dentiality? and? security? safeguards.? The? Company? respects? and? protects? the? privacy? rights? of? all? users? and? customers,?
                                                                                                                                                               ensuring?the?security?and?con?dentiality?of?customer?data.
                  System                 Impact?Level                                    Drill?Scenario                                   Recovery?Time
        AD? Domain                          Level?1               AD?domain?outage;?system?unable?to?start                                  25?minutes
        Netdisk                             Level?1              Network?drive?outage;?system?unable?to?start                               50?minutes
                                                                 Disk?failure;?data?restoration?performed?to?validate
        OA?System?(Cluster)                 Level?1                                                                                        120?minutes
                                                                 backup?availability
        SAP?(HANA?Database)                 Level?1              SAP?system?outage;?system?unable?to?start                                 120?minutes
                                                                 Disk?failure;?data?restoration?performed?to?validate
        EHR                                 Level?1                                                                                         240?minutes
                                                                 backup?availability
        Email                                Level?3             Email?system?outage;?system?unable?to?start                               120?minutes
                                                                 Migration?from?backup?database?to?snapshot?based
        Corporate?Website                    Level?1                                                                                        30?minutes
                                                                 backup?architecture
                                                                 Disk?failure;?data?restoration?performed?to?validate
        New?GIPDIS                           Level?2                                                                                        30?minutes                                                                       Privacy?Policy
                                                                 backup?availability
     Responsible?Supply?Chain                                                                                                                                       Procurement?Training
     Jafron?places?strong?emphasis?on?coordinated?development?across?the?industrial?value?chain?and?continues?to?deepen?collaboration?
                                                                                                                                                              Second?Quarter
     with? partners? at? all? stages? of? the? supply? chain.? By? continuously? enhancing? its? supply? chain? governance? system,? the? Company?
     systematically?embeds?ESG?requirements?into?the?full?lifecycle?of?supplier?management,?ensuring?secure,?stable?and?ef?cient?supply?
     chain?operations?while?promoting?shared?value?creation?across?the?industry.
     Governance
     Jafron? strictly? complies? with? applicable? laws? and? regulations,? including? the? Bidding? Law? of? the? People's? Republic? of? China? and? the?
     Regulation? on? the? Implementation? of? the? Bidding? Law? of? the? People's? Republic? of? China.? It? has? established? the? Group?level? Supplier?
     Management? System? and? the? Procurement? Control? Procedures,? which? clearly? de?ne? standardized? operating? requirements? for? each?
     procurement?stage?and?lifecycle?management?principles?for?suppliers.?A?centralized?Procurement?Supply?Center?has?been?established?
     to?oversee?uni?ed?management,?under?which?multiple?procurement?units?operate?independently?to?conduct?procurement?of?goods?and?
     services,?thereby?broadening?procurement?coverage.
                                                                                                                                                              Third?Quarter
                                                       Management?Structure?and?Responsibilities
                    Procurement?and
                     Supply?Center
                                                        Responsible? for? the? management? of? core? suppliers,? key? suppliers? and?
                                                        specially?designated?procurement?suppliers.
                                                        Develop? group?wide? supplier? management? models? and? rules,? and?
                                                        maintain?the?"Group?level?Supplier?Database".
                                                        Conduct? audits? and? oversight? of? supplier? management? practices?
                                                        across?all?procurement?units.
                   Procurement?Units
                                                        Responsible?for?the?management?of?key?suppliers,?specially?designated?
                                                        suppliers?and?general?suppliers.
                                                        Develop? and? implement? supplier? management? policies? in? accordance?
                                                        with?the?group?wide?supplier?management?models?and?rules.
                                                                                                                                                              Fourth?Quarter
     The?Company's?Procurement?Supply?Center?has?established?a?structured?learning?and?development?platform?aligned?with?procurement?
     professionals'? career? progression,? and? has? developed? a? multi?dimensional? training? system? incorporating? mentorship? programs? and?
     best?practice? sharing? among? high?performing? employees? to? enhance? procurement? expertise? and? management? capabilities.? A?
     supporting? training? evaluation? and? incentive? mechanism? has? been? implemented? to? strengthen? employee? engagement? and? foster? a?
     professional,?ef?cient?and?learning?oriented?procurement?team.?During?the?reporting?period,?the?Procurement?Supply?Center?conducted?
     Strategy                                                                                                                                                                                   Impact,?Risk,?and?Opportunity?Management
     Jafron?proactively?identi?es?and?addresses?a?range?of?challenges?affecting?the?stable?operation?of?its?supply?chain,?while?continuously?                                                   Jafron? has? established? a? robust? supply? chain? risk? management? framework.? We? conduct? periodic? assessments? to? quantify? supplier?
     exploring? emerging? opportunities? within? its? sustainable? development? agenda.? While? ensuring? business? continuity? and? regulatory?                                                related? risks? across? key? dimensions,? including? technology,? quality? and? cost,? while? actively? identifying? and? leveraging? supply? chain?
     compliance,?the?Company?is?committed?to?advancing?the?sustainable?growth?of?its?supply?chain?and?enhancing?overall?value?creation.                                                         development?opportunities?to?support?long?term,?sustainable?growth.
                                                                                                    Potential
         Risk                                                                       Impact
                                    Description?of?Risk                                             Financial                                 Countermeasures
         Type                                                                      Duration
                                                                                                     Impact                                                                                                Identi?cation                        Assessment                               Response                              Monitoring
                                                                                               Reduced?                                                                                            Identify? potential? risk?           Evaluate? identi?ed? risks?             Develop? targeted? mitiga?            Continuously? strengthen?
                      Supplier? capacity? limitations? or? delivery?                         revenue?and?                                                                                          points? across? all? stages?         by? assessing? their? likeli?           tion? strategies? and? con?           the?risk?monitoring?mecha?
                      delays?may?result?in?production?setbacks?                                 pro?t;?                                                                                            of?the?supply?chain?based?           hood?and?potential?opera?               tingency? plans? based? on?           nism? to? ensure? real?time?
                      and? inventory? shortages,? affecting?                      Short?term increased?
                                                                                                                                                                                                   on? actual? production? and?         tional? impact,? and? priori?           risk? assessment? out?                tracking? of? risks,? dynami?
                      production?schedules.                                                  procurement?                   Build? a? strategic? reserve? of? key? raw?
                                                                                                                                                                                                   operational? conditions,?            tize?risks?accordingly.                 comes? to? ensure? supply?            cally?manage?and?optimize?
                                                                                                costs                       material?suppliers
                                                                                                                                                                                                   and? clarify? risk? sources?                                                 chain? stability? and? resil?         risk? response? strategies,?
                                                                                                                            Deploy? R&D? staff? to? provide? technical?                            and?manifestations.                                                          ience.                                and? ensure? the? stable?
                                                                                                                            support? and? oversight;? regularly? review?
      Supply                                                                                                                                                                                                                                                                                                          operation? of? the? supply?
                                                                                                                            a n d ? m o n i t o r ? s u p p l i e r s ' ? q u a l i t y?
     Disruption                                                                                                             standards? to? ensure? product? compli?                                                                                                                                                   chain.
        Risk                                                                                                                ance
                                                                                                                            Offer? training? to? suppliers? to? help? them?
                      Insuf?cient? quality? control? by? suppliers?                                                         enhance? production? processes? and?
                      may? lead? to? product? defects,? impacting?                                 Increase?in              quality?controls
                      company? reputation? and? customer?
                      satisfaction?and?even?leading?to?potential?
                                                                                   Medium
                                                                                    term
                                                                                                   production
                                                                                                      costs
                                                                                                                                                                                                Metrics?and?Targets
                      recalls?and?legal?consequences.
                                                                                                                                                                                                In? light? of? business? development? needs,? Jafron? has? established? annual? indicators? and? targets? across? procurement? operations? and?
                                                                                                                                                                                                supplier?management,?and?continuously?tracks?progress?toward?target?achievement.?Through?clear?target?setting?and?management,?
                                                                                                                                                                                                we?enhance?coordination?across?the?supply?chain?to?radically?improve?overall?operational?ef?ciency?and?governance?effectiveness.
                                                                                                                                                                                                           Group                                                Goals?by?2025                                                  Progress?in?2025
                                                                                                                            Adjust? procurement? strategies? dynami?
        Price         Raw? material? shortages,? regional? pricing?               Short?and Increase?in                     cally?based?on?market?trends                                                                              First?pass?acceptance?rate?of?raw?and?auxiliary?materials?≥?97%                                  Achieved
                                                                                                                                                                                                  Procurement?Business
     Fluctuation      differences? and? market? ?uctuations? may?                  medium procurement
                                                                                                                            Improve? procurement? timing? strategies? to?                              Management                     Completion?of?corrective?actions?for?all?audit?non?conformities
        Risk          drive?up?material?costs.                                      term       costs
                                                                                                                            optimize?cost?control                                                                                     within?the?year                                                                                  Achieved
                                                                                                                                                                                                                                      Increase?the?proportion?of?suppliers?rated?"Excellent"?or?above
                                                                                                                                                                                                  Supplier?Management                                                                                                                  Achieved
                                                                                                                                                                                                                                      Develop?new?suppliers
      Opportunity                                                                                                                                                                  Impact
         Type                                              Description?of?Opportunity                                                       Financial?Impact
                                                                                                                                                                                  Duration
     Promote?digital          Leveraging? information? technology? to? enable? supply? chain? visibility? and?
                              real?time? monitoring,? thereby? improving? transparency? and? operational?                                 Reducing?Operational                   Medium?to
     transformation
                              coordination?ef?ciency.                                                                                            Costs                           long?term
                              Developing? a? green? supply? chain? through? green? procurement? and? green?
     Opportunities?in                                                                                                                     Increased?revenue?and                  Medium?to
                              logistics? practices,? aligned? with? government? carbon? peaking? and? carbon?
      Green?Supply                                                                                                                         improved?pro?tability                 long?term
         Chains               neutrality? goals,? enhancing? corporate? social? responsibility? performance,?
                              and?capturing?policy?driven?incentives?and?market?opportunities.
     Note??Impact?Duration??refers?to?the?different?periods?when?different?climate?related?risks?and?opportunities?will?affect?the?Company.?The?Company?categorizes?the?impact?duration?into?
     short?term?(0?1?year),?medium?term?(1?5?years),?and?long?term?(over?5?years).
     Supplier?Lifecycle?Management                                                                                                                             ESG?Focused?Procurement?Training                                                                                            Case
     Jafron? has? established? standardized? management? systems? and? stringent? review? processes? that? clearly? de?ne? supplier? selection,?
     onboarding,? audit? and? performance? evaluation? procedures.? We? continuously? strengthen? supplier? collaboration? quality? to? ensure?            To? further? implement? its? ESG? strategy? and? advance? green? procurement? practices,? Jafron? conducts? periodic? ESG?focused?
     alignment?with?the?Company's?strategic?development?and?operational?requirements.?Suppliers?are?required?to?consistently?meet?high?                    procurement? training? programs.? External? ESG? experts? are? invited? to? deliver? targeted? training? sessions? to? procurement?
     standards?in?product?quality,?delivery?timeliness?and?service?performance,?thereby?supporting?us?in?maintaining?a?competitive?position?               personnel?and?relevant?administrative?staff,?covering?key?topics?such?as?green?supply?chain?management,?low?carbon?product?
     in?the?market.                                                                                                                                        selection,?supplier?ESG?evaluation,?and?compliance?risk?identi?cation.?Through?case?study,?standards?interpretation?and?hands?
                                                                                                                                                           on? exercises,? the? program? strengthens? employees'? sustainability? awareness? and? professional? competencies,? ensuring?
                                                            Supplier?Lifecycle?Management                                                                  procurement?activities?systematically?integrate?environmental,?social?and?governance?considerations.
                                       The?Company?conducts?quali?cation?audits?for?suppliers?of?raw?and?auxiliary?materials,?including?
     Admission?of?Suppliers            reviewing? their? quality? management? system? documentation,? self?inspection? reports,? valid?
                                       inspection? reports? issued? by?accredited? testing? agencies,? safety? assessment? materials? and? ESG?
                                       compliance.? Suppliers? are? classi?ed? into? three? categories?? A,? B? and? C.? For? suppliers? of? special?
                                       materials,?detailed?operational?procedures?are?established?to?manage?material?quality?audits?and?
                                       on?site?assessments.
                                       Once?a?supplier?has?passed?the?quali?cation?audit?or?technical?capability?assessment,?the?Quality?
         Supplier?Quality
           Evaluation                  Department,?in?collaboration?with?relevant?departments,?organizes?sample?testing,?on?site?audits,?
                                       machine? testing,? performance? evaluations? and? biological? assessments.? These? evaluations? are?
                                       documented?in?the?Supplier?Technical?Capability?Assessment?Form.
                                       A?class?suppliers??Score?≥?80
                                       B??and?C?class?suppliers??Score?≥?60
                                                                                                                                                        Digital?Supply?Chain
                                       Before? any? procurement,? the? Purchasing? Department? is? required? to? verify? whether? the? supplier?
                                                                                                                                                        Jafron?is?committed?to?advancing?the?digital?transformation?of?its?supply?chain?and?continuously?enhancing?its?intelligence?and?level?
     Annual?Supplier?Audits            meets?the?quali?cation?audit?requirements?and?con?rm?that?the?supplier's?status?and?certi?cation?
                                       are? up? to? date? and? valid.? Procurement? may? only? proceed? after? quali?cation? assessment? or?            of?modernization?through?technological?innovation.?By?implementing?an?integrated?management?model?linking?the?Jafron?procurement?
                                       certi?cation? renewal? is? completed.? The? Quality? Management? Department? is? responsible? for?               platform? (in?house? procurement? system),? OA? and? SAP? systems,? the? Company? consolidates? supplier? management,? procurement?
                                       preparing? the? Supplier? Audit? Plan? each? year.? If? any? major? quality? issues? were? found? with? an? A?   demand?management,?warehousing?and?settlement,?and?inventory?management?into?a?uni?ed?digital?work?ow.?This?enables?intelligent?
                                       class?supplier?in?the?previous?year,?a?site?audit?must?be?conducted?that?year.?For?B??and?C?class?               coordination? and? data?driven? operations? across? the? supply? chain,? optimizing? network? structure,? improving? operational? ef?ciency,?
                                       suppliers,? the?Quality?Management?Department?will?determine? whether? a?site?audit?is?necessary?
                                                                                                                                                        reducing?costs,?and?achieving?transparency?and?full?lifecycle?traceability?of?product?quality.
                                       based?on?the?supplier's?product?quality.
                                       Suppliers? that? fail? to? improve? after? being? warned? for? poor? raw? material? quality? or? other?
         Exit?of?Suppliers             unsatisfactory?behaviors?will?be?disquali?ed?and?no?longer?be?considered?for?future?cooperation.?
                                       Suppliers? providing? counterfeit? or? substandard? products? that? cause? severe? impacts? or? major?
                                       quality?incidents?will?be?blacklisted?and?permanently?banned?from?cooperation.
     Supplier?ESG?Management
     Jafron?regards?responsible?supply?chain?management?as?a?key?component?of?its?ESG?strategy?and?is?committed?to?building?an?integrity?
     based?ecosystem?in?collaboration?with?its?partners.?Jafron?has?established?the?Procurement?Integrity?Management?Policy,?which?clearly?
     de?nes?the?procurement?management?scope,?procedures?and?requirements.?All?procurement?staff?are?required?to?perform?their?duties?in?
     strict? compliance? with? applicable? laws? and? regulations.? Prior? to? starting? work,? procurement? personnel? must? sign? the? Procurement?
     Personnel?Integrity?Commitment.?We've?further?strengthened?procurement?process?oversight?mechanisms?and?enhanced?integrity?training?
     and?communication?for?both?procurement?personnel?and?suppliers.?We?maintain?a?zero?tolerance?policy?toward?any?form?of?commercial?
     bribery,?improper?bene?ts?transfer?or?other?corrupt?practices,?ensuring?procurement?activities?are?conducted?in?a?fair?and?transparent?and?
     compliant?manner,?thereby?safeguarding?the?Company's?reputation.
     During?the?reporting?period,?the?signing?rate?of?the?Procurement?Personnel?Integrity?Commitment?reached?100%,?while?the?signing?rate?of?
     Supplier?Integrity?Commitment?increased?by?17?percentage?points?year?on?year.
     Consolidating?the
     Foundation?for?
     Sustainable
     Development?through
     Steadfast?Governance
     Jafron? continues? to? optimize? the? operation? of? its? Board? of? Directors? and?
     strengthen? its? internal? control? and? risk? management? systems? to? ensure?
     sound? decision?making,? effective? oversight,? and? robust? execution.? The?
     Company? is? committed? to? establishing? a? governance? framework?
     characterized? by? clearly? de?ned? rights? and? responsibilities,? effective?
     checks?and?balances,?and?coordinated?and?ef?cient?operations.?By?strictly?
     complying?with?applicable?laws?and?regulations,?upholding?business?ethics?
     and? practicing? integrity?driven? operations,? the? Company? continuously?
     enhances? its? governance? capabilities,? laying? a? solid? foundation? for? long?
     term?sustainable?growth?and?value?creation.
     ESG?Material?Topics?Covered?in?this?Chapter
       Due?Diligence                                        Anti?Unfair?Competition
       Anti?Commercial?Bribery?and?Anti?Corruption
     SDGs?Responded?in?this?Chapter
     Governance                                                                                                                                               Specialized?Committees?under?the?Board?of?Directors
                                                                                                                                                              The? Board? of? Directors? is? supported? by? four? specialized? committees?? the? Strategy? and? ESG? Committee,? the? Audit? Committee,? the?
     Governance?Structure                                                                                                                                     Nomination? Committee,? and? the? Remuneration? and? Appraisal? Committee.? We've? also? formulated? the? Rules? of? Procedure? for? the?
                                                                                                                                                              Strategy?and?ESG?Committee,?the?Rules?of?Procedure?for?the?Audit?Committee,?the?Rules?of?Procedure?for?the?Nomination?Committee,?
     In?line?with?the?Company?Law?of?the?People's?Republic?of?China?(the?"Company??Law"),?the?Securities?Law?of?the?People's?Republic?of?                     and?the?Rules?of?Procedure?for?the?Remuneration?and?Appraisal?Committee?under?the?Board?of?Directors.?Each?governance?body?has?
     China?(the?"Securities?Law"),?the?Code?of?Corporate?Governance?for?Listed?Companies?and?other?relevant?laws?and?regulations,?Jafron?                     clearly?de?ned?responsibilities,?operates?in?a?coordinated?manner,?and?maintains?effective?checks?and?balances.?Its?deliberation?and?
     has? formulated? the? Articles? of? Association? and? other? internal? control? systems.? We? continuously? strengthen? our? internal? governance?       decision?making? processes? are? rigorous,? transparent,? and? democratic.? These? committees? play? a? key?role? in? supporting? the? Board? in?
     framework?and?re?ne?internal?control?systems?by?clearly?de?ning?the?respective?responsibilities?and?authorities?of?decision?making,?                     ful?lling?its?decision?making?and?supervisory?responsibilities,?thereby?promoting?standardized?governance?and?sustainable?corporate?
     execution? and? oversight? functions.? We've? established? a? governance? structure? comprising? the? Shareholders'? Meeting,? the? Board? of?           development.
     Directors,?and?the?management?team.?This?structure?forms?a?well?de?ned,?standardized?and?effectively?balanced?governance?system,?
     providing?a?solid?foundation?for?compliant?operations?and?sustainable?development.
                                                                                                                                                                                         Meetings?of?                Independent?               Proportion?of?                                 Whether?independ?
                                                                                                                                                                Specialized                                                                                            Non?Independent
                                                                                                                                                                                         Specialized?                  Directors?               Independent?                                   ent?directors?serve?
                                                                                                                                                                Committees                                                                                             Directors(Persons)
                                                                                                                                                                                      Committees?(Times)               (Persons)                Directors?(%)                                   as?the?chairman
     General?Meeting?of?Shareholders
     Jafron?strictly?complies?with?applicable?laws?and?regulations,?including?the?Rules?for?the?Shareholders'?Meeting?of?Listed?Companies,?                    Strategy?and
     and? has? formulated? the? Rules? of? Procedure? for? Shareholders'? Meetings? to? standardize? the? convening? and? conduct? of? shareholders'?          ESG?Committee                    1                          2                    66.67%                           1                       No
     meetings.?Notices?are?issued?to?shareholders?15?or?20?days?in?advance?of?meetings.?Lawyers?are?engaged?to?attend?meetings?on?site?
     and? issue? legal? opinions.? Resolutions? are? adopted? through? a? combination? of? on?site? and? online? voting,? ensuring? that? shareholder?
     decisions?are?made?in?a?fair,?open?and?transparent?manner.?All?directors?and?senior?management?attend?the?shareholders'?meetings?
                                                                                                                                                               Audit?Committee                  5                          2                    66.67%                           1                      Yes
     and?engage?in?in?depth?communication?with?investors.?For?matters?that?may?materially?affect?the?interests?of?minority?shareholders,?
     separate? voting? for? minority? shareholders? is? implemented,? fully? safeguarding? the? legitimate? rights? and? interests? of? all? shareholders,?
     particularly?minority?shareholders.
                                                                                                                                                               Nomination
                                                                                                                                                               Committee                        0                          2                    66.67%                           1                      Yes
            Key?Performance
            During?the?Reporting?Period,?the?Company?held? 2?general?meetings?of?shareholders,?including? 1?annual?general?meetings?                           Remuneration
            of? shareholders? and? 1? extraordinary? general? meetings? of? shareholders,? at? which? a? total? of? 26? proposals? were? reviewed?             and?Appraisal                    2                          2                    66.67%                           1                      Yes
                                                                                                                                                               Committee
            and?approved.
     Board?of?Directors
     The? Board? of? Directors? of? the? Company,? accountable? to? the? General? Meeting? of? Shareholders,? reviews? major? matters? in? the? business?
     activities? of? the? Company,? and? makes? decisions? or? submits? them? to? the? General? Meeting? of? Shareholders? for? approval.? In? strict?
     compliance?with?the?provisions?and?requirements?of?the?Company?Law?of?the?People’s?Republic?of?China,?the?Articles?of?Association?and?
     the?Rules?of?Procedure?of?the?Board?of?Directors,?the?Company?clari?es?the?scope?of?authority?of?the?Board?of?Directors,?improves?and?
     standardizes?the?operation?of?the?Board?of?Directors?in?aspects?such?as?the?procedures?of?convening?meetings?and?reviewing?proposals?
     voting,?as?well?as?voting?modes?and?resolution?content,?thereby?fully?utilizing?the?decision?making?role?of?the?Board?of?Directors.
     In?2025,?the?Company's?Board?of?Directors?strictly?adhered?to?the?resolutions?and?authorizations?of?the?General?Meeting?of?Shareholders,?
     conscientiously?implemented?all?resolutions?passed?by?the?General?Meeting?of?Shareholders,?and?ensured?the?standardized?operation?of?
     all? Board? activities.? All? directors? exercised? their? duties? in? a? standardized? manner,? attended? the? General? Meeting? of? Shareholders,?
     performance?brie?ngs,?and?investor?communication?meetings,?and?fully?applied?their?professional?knowledge?and?expertise?to?provide?
     scienti?c?support?for?the?decision?making?on?major?corporate?matters.
            Key?Performance
            During?the?reporting?period,?the?Company?convened?a?total?of?14?meetings?of?the?Board?of?Directors,?at?which?45?proposals?
            were?reviewed?and?approved.
     Board?Diversity?and?Composition                                                                                                                       Investor?Relations?Management?and?Shareholders’?
     In?2025,?the?Board?of?Directors?comprised? 9?members.?Board?members?bring?expertise?across?economics,?management,?biomedical?
     sciences? and? other? disciplines.? Their? diverse? professional? backgrounds? and? extensive? industry? experience? ensure? that? company?
                                                                                                                                                           Rights?and?Interests
     decisions?are?scienti?cally?sound?and?forward?looking.
                                                                                                                                                           Information?Disclosure
                                                                                                                                                           Jafron?strictly?complies?with?the?Measures?for?the?Administration?of?Information?Disclosure?by?Listed?Companies?and?other?relevant?
             By?Educational?Background                                 By?Gender                                       By?Position
                                                                                                                                                           regulations.?We've?established?the?policies,?such?as?the?Information?Disclosure?Management?Policy,?the?Material?Information?Internal?
                                                                                                                                                           Reporting? Procedures? and? the? Accountability? Mechanism? for? Material? Errors? in? Annual? Reports,? to? optimize? internal? reporting? and?
                                                                                                                                                           review? mechanisms? and? ensure? timely? and? compliant? information? disclosure.? Through? disclosure? channels? such? as? the? Shenzhen?
          Persons                            Persons                                           Persons                                        Persons      Stock? Exchange? website,? we? proactively? communicate? the? Company's? operating? results,? governance? practices? and? development?
                                                                                                                                                           strategy,? effectively? safeguarding? investors'? right? to? information? and? participation,? particularly? those? of? minority? shareholders.? We're?
                                                                                                                                                           committed? to? building? an? open,? transparent? and? trust?based? investor? relations? framework,? while? maintaining? a? strong? and? credible?
                                                                                                                                                           an?"A?(Excellent)"?rating.
                                                                                                                                                                  Key?Performance
              Doctoral      Master's      Bachelor's                                                            Non?Independent          Independent
                                                                      Male?          Female?                                                                      During?the?reporting?period,?the?Company?issued? 154?interim?reports?and? 4?periodic?reports,?with?no?regulatory?penalties?
              Degree        Degree        Degree                                                                Directors?               Directors
                                                                                                                                                                  arising?from?information?disclosure?violations.
     Independence?of?Board?of?Directors
     Jafron?emphasizes?the?critical?role?of?independent?directors?in?corporate?governance.?Through?institutionalized?processes,?we?leverage?               Investor?Relations?Management
     their? expertise? to? enhance? board? oversight? and? decision?making? quality.? We've? established? an? Independent? Director? Committee? and?
                                                                                                                                                           At?Jafron,?we?highly?value?investor?relations.?In?line?with?the?Guidelines?for?Investor?Relations?Management?of?Listed?Companies,?the?
     formulated?the?Work?Rules?of?Independent?Directors?and?the?Work?Rules?for?Independent?Director?Annual?Reporting,?ensuring?that? 3?
                                                                                                                                                           Rules?Governing?the?Listing?of?Stocks?on?the?ChinNext?Market?of?Shenzhen?Stock?Exchange?and?other?relevant?laws?and?regulations,?
     quali?ed?independent?directors,?accounting?for?1/3?of?the?board,?are?appointed?in?compliance?with?regulatory?requirements.                            we?have?established?the?Investor?Relations?Management?Policy?to?regulate?investor?relations?management.?Through?various?channels,?
                                                                                                                                                           including?the?SZSE?Cninfo?Platform,?performance?brie?ngs,?investor?hotlines,?and?shareholders'?meetings,?we?continuously?strengthen?
                                                                                                                                                           communication? with? investors? and? actively? convey? our? business? strategies,? management? initiatives,? and? achievements? to? enhance?
             Key?Performance                                                                                                                               investors'?understanding?and?recognition?of?the?Company.
             During?the?Reporting?Period,?the?Company?convened? 7?special?meetings?of?independent?directors,?at?which? 18?proposals?
             were?reviewed?and?approved.                                                                                                                    Communication?with?Investors?in?2025
                                                                                                                                                                                                                                                                 Number?of?On?Site?Investor
     Management?of?Remuneration?for?Directors?and                                                                                                                       Number?of?Investor?Receptions                                                            Surveys?Received
     Senior?Management                                                                                                                                                  5   Times                                                                                2   Times
     Jafron?has?established?the?Remuneration?Management?System?for?Directors?and?Senior?Management?and?the?Rules?of?Procedure?for?the?
     Remuneration?and?Appraisal?Committee?under?the?Board?of?Directors.?This?framework?ensures?that?remuneration?management?is?closely?                                                                                                                          Total?number?of?investor?inquiries
                                                                                                                                                                        Total?Performance?Brie?ngs?Convened                                                      via?irm.cninfo.com.cn.
     aligned? with? the? Company's? strategic? objectives? and? performance? outcomes.? The? Remuneration? and? Appraisal? Committee? scienti?cally?
     designs?remuneration?structures,?reasonably?determines?compensation?levels,?and?strengthens?the?linkage?between?remuneration,?long?
     term? performance? and? risk? management.? This? ensures? that? remuneration? arrangements? are? aligned? with? the? Company's? long?term?
     development?strategy?and?the?overall?interests?of?shareholders.
     Independent? directors? receive? ?xed? allowances? determined? based? on? the? Company's? operational? circumstances,? applicable? regulatory?
     requirements,? and? benchmarking? against? comparable? listed? companies.? The? remuneration? of? non?independent? directors? and? senior?                         Number?of?Investor?Questions?answered
                                                                                                                                                                        on?the?Cninfo?Platform
     management? is? linked? to? their? respective? managerial? responsibilities,? benchmarked? against? comparable? positions? in? the? same? industry?
     and? region,? and? determined? based? on? annual? performance? evaluation? results.? Jafron? continues? to? optimize? its? remuneration? decision?
     making?processes?and?enhance?disclosure?transparency,?thereby?strengthening?compliance?and?credibility?in?remuneration?governance,?                                       Questions
     encouraging? diligence? and? accountability? among? senior? management,? and? supporting? the? Company's? sustainable? and? high?quality?
     development.
     Return?to?Shareholders                                                                                                                      Protection?of?Creditors
     According?to?the?pro?t?distribution?policy?stipulated?in?the?Articles?of?Association,?the?Company?has?formulated?scienti?c?and?effective?   To? mitigate? debt?related? risks? and? effectively? safeguard? creditors'? legitimate? rights? and? interests,? Jafron? has? established? a? suite? of?
     pro?t?distribution?decision?making?procedures?and?adjustment?mechanisms?to?ensure?that?the?entire?distribution?process?is?open?and?         governance?policies,?including?the?Management?System?for?Raised?Funds?and?the?Rules?of?the?Bondholders'?Meeting?for?Convertible?
     transparent,?to?fully?safeguard?minority?shareholders’?right?to?information?and?participation?and?effectively?safeguard?their?legitimate?   Corporate?Bonds,?thereby?strengthening?its?debt?risk?management?framework.?We?strictly?perform?our?obligations?in?accordance?with?
     rights?and?interests.                                                                                                                       agreements? entered? into? with? creditors.? We? also? engage? professional? agencies? to? conduct? credit? ratings? for? both? the? issuer? and? its?
     Jafron?places?strong?emphasis?on?shareholder?returns.?While?balancing?short?term?shareholder?interests?with?long?term?sustainable?          debt?instruments,?ensuring? that?creditors?are?fully?informed?of?the?Company's?operating?performance?and?bond?related?risks.?These?
                                                                                                                                                 measures?safeguard?creditors'?right?to?information?and?decision?making?basis,?and?effectively?protect?their?lawful?interests.
     development,?it?has?consistently?implemented?a?stable?cash?dividend?policy.?Since?its?listing,?the?Company?has?paid?dividends?for? 9?
     consecutive?years,?with?cumulative?cash?dividends?totaling?RMB?3.571?billion.
                                                                                                                                                        Key?Performance
         Cash?Dividends?in?the?Past?3?Years
                                                                                                                                                        During?the?Reporting?Period,?the?Company?maintained?an?“AA”?credit?rating,?and?no?debt?default?incidents?occurred.
                                                              Cash?Dividend?per?Share?(RMB)
                                                                                                                                                 Compliant?Operation?and?Risk?Management
                                                                                                                                                 Compliant?Operations
                                                                                                                                                 Jafron?places?strong?emphasis?on?compliance?management?and?continues?to?enhance?its?compliance?governance?framework.?A?Chief?
                                                                                                                                                 Compliance?Of?cer?has?been?appointed?to?coordinate?compliance?management,?ensuring?that?compliance?requirements?are?embedded?
                                                                                                                                                 throughout? business? processes.? We've? established? the? control? objective? of? "strengthening? internal? controls,? preventing? risks? and?
                                                     Total?Cash?Dividend?Distributed?(in?RMB?10,000)                                             promoting? compliance"? and? have? developed? a? comprehensive,? organization?wide? and? all?encompassing? compliance? risk? prevention?
                                                                                                                                                 and? control? system.? In? addition,? we've? signed? a? Legal? Compliance,? Integrity? and? Self?Discipline? Commitment? with? all? marketing?
                                                                                                                                                 strengthens?compliance?accountability?and?promotes?the?deep?integration?of?compliance?principles?across?the?entire?business?chain.
                                                                                                                                                 system.?Through?regular?training?programs,?employees?are?guided?to?strictly?adhere?to?compliance?boundaries?and?professional?ethics,?
                                                                                                                                                 fostering?a?culture?in?which?compliance?is?observed?by?all?and?rules?are?followed?in?all?operations.
                                                 Proportion?to?Net?Pro?t?Attributable?to?Shareholders?of?the
                                                 Listed?Company?in?Consolidated?Financial?Statements?(%)
                                                                                                                                                                    Hubei?Jafron?Compliance?Training                                         Beijing?Jafron?Compliance?Training
     Risk?Management                                                                                                                                            Business?Ethics
     Jafron?strictly?complies?with?applicable?laws?and?regulations?and?actively?implements?comprehensive?risk?management?practices.?We?
     exercise? end?to?end? control? over? core? business? segments,? promptly? identifying? and? assessing? operational? risks,? and? continuously?             Anti?Commercial?Bribery?and?Anti?Corruption
     monitoring? and? improving? mitigation? measures? for? key? risks? closely? related? to? our? operations,? including? investment,? business,?
     operational?and?sustainability?related?risks.?These?efforts?further?enhance?the?Company's?risk?prevention?and?control?capabilities.                        Jafron? strictly? complies? with? applicable? laws? and? regulations,? including? the? Interim? Provisions? on? the? Prohibition? of? Commercial?
                                                                                                                                                                Bribery?and?the?Guidelines?for?Pharmaceutical?Companies?to?Prevent?Commercial?Bribery?Risks?and?has?established?and?continuously?
     In?addition,?the?Company?has?formulated?systems?such?as?the?Public?Opinion?Management?System,?established?rapid?response?and?
                                                                                                                                                                improved?its?business?ethics?and?anti?corruption?management?system?to?comprehensively?strengthen?ethical?safeguards.?Internally,?
     emergency?handling?mechanisms,?and?promptly?and?appropriately?addressed?various?situations?that?may?affect?the?Company's?share?
                                                                                                                                                                all? procurement? personnel? are? required? to? sign? the? Integrity? Commitment.? Externally,? we? issue? Integrity? Noti?cations? to? all? bidding?
     price,? business? reputation,? and? normal? production? and? operation? activities,? thereby? maintaining? stable? operations? and? effectively?
                                                                                                                                                                entities,?comprehensively?advancing?anti?bribery?and?anti?corruption?efforts.
     protecting?the?legitimate?rights?and?interests?of?investors.
                                                                                                                                                                During? the? reporting? period,? the? Company? achieved? a? 100%? compliance? rate? in? signing? ethics?related? declarations.? There? were? no?
                                                                                                                                                                reported?incidents?involving?material?violations?of?ethical?business?conduct,?no?cases?of?corruption,?and?no?litigation?related?to?bribery.
     Internal?Control
     In?strict?accordance?with?the?requirements?of?laws?and?regulations?such?as?the?Basic?Norms?for?Enterprise?Internal?Control,?and?in?light?                  Training?on?Anti?Corruption
     of?actual?operational?and?management?conditions,?the?Company?has?formulated?and?improved?special?systems?including?the?Internal?
                                                                                                                                                                Jafron? continues? to? strengthen? anti?corruption? communication? and? education? and? actively? promotes? integrity? culture? development.?
     Audit? Management? System? and? the? Internal? Audit? Work? System.? These? systems? further? standardize? internal? audit? work?ows,?
                                                                                                                                                                Through?multi?level?training?sessions?covering?anti?corruption?regulations,?anti?bribery?systems?and?analysis?of?representative?cases,?
     strengthen? the? effectiveness? of? internal? oversight,? effectively? prevent? operational? risks,? and? tangibly? enhance? corporate? governance?
                                                                                                                                                                the? Company? effectively? enhances? employees'? compliance? awareness? and? strengthens? disciplinary? safeguards? for? high?quality?
     standards?and?internal?control?execution?capabilities.?We've?established?a?Legal?Audit?and?Supervision?Center?responsible?for?internal?
                                                                                                                                                                development.
     audit? functions,? including? annual? audit? planning,? implementation? of? internal? audit? activities,? and? organization? of? audit? projects.? This?
     strengthens?internal?control?and?helps?prevent?operational?risks.
     During?the?reporting?period,?the?Legal?Audit?and?Supervision?Center?conducted?independent?audits?of?key?business?processes,??nancial?
     reporting?and?internal?control?effectiveness,?issuing?a?total?of?17?internal?audit?reports.
                                                                                                                                                                     Number?of?Directors?Participating          Number?of?the?Management?Participating                Number?of?Employees?Participating
                                                                                                                                                                     in?the?Training?on?Anti?commercial         in?Training?on?Anti?commercial?Bribery                in?Training?on?Anti?commercial?Bribery
     Related?Party?Transactions                                                                                                                                      Bribery?and?Anti?Corruption                and?Anti?Corruption                                   and?Anti?Corruption
     Jafron? strictly? complies? with? applicable? laws,? regulations? and? regulatory? requirements,? and? has? formulated? the? Related? Party?                    1    persons                               42       persons                                      1,047         persons
     Transaction?Management?Policy?and?the?Special?Policy?for?Preventing?Fund?Embezzlement?by?the?Controlling?Shareholders?and?Their?
     Related?Parties.?These?policies?clearly?de?ne?pricing?principles,?decision?making?procedures?and?information?disclosure?requirements?
     for?related?party?transactions,?and?regulate?capital??ows?between?the?Company?and?its?controlling?shareholders,?de?facto?controllers?
     and?related?parties.?This?effectively?mitigates?risks?such?as?bene?t?transfer?and?misappropriation?of?funds.?During?the?reporting?period,?                 Anti?Unfair?Competition
     all?related?party?transactions?were?conducted?in?the?ordinary?course?of?business?operations,?with?no?circumstances?that?impaired?the?
                                                                                                                                                                Jafron?strictly?complies?with?the?Anti?Monopoly?Law?of?the?People's?Republic?of?China,?the?Anti?Unfair?Competition?Law?of?the?People's?
     lawful?rights?and?interests?of?the?Company?or?its?shareholders.
                                                                                                                                                                Republic?of?China,?and?other?relevant?laws?and?regulations.?We're?committed?to?maintaining?a?fair?and?orderly?market?environment?and?
                                                                                                                                                                prohibit? unfair? competitive? practices? such? as? unreasonable? restrictions? on? partners,? discriminatory? treatment,? and? infringement? of?
     Tax?Management                                                                                                                                             trade? secrets.? We? strive? to? promote? a? fairer? and? more? transparent? competitive? landscape.? We? require? our? suppliers? to? sign? the?
                                                                                                                                                                Suppliers'? Integrity? Agreement? and? the? Non?Disclosure? Agreement,? af?rming? their? commitment? to? safeguarding? commercial? and?
     Jafron? strictly? complies? with? the? Enterprise? Income? Tax? Law? of? the? People's? Republic? of? China,? the? Law? of? the? People's? Republic? of?   technological?secrets?shared?during?cooperation.?During?the?Reporting?Period,?no?violations?such?as?unfair?competition?occurred?in?the?
     China?on?the?Administration?of?Tax?Collection?and?other?relevant?tax?regulations.?We?proactively?ful?ll?our?tax?obligations?and?conduct?                   Company.
     tax??ling,?payment?and?planning?in?a?standardized?manner.?Regular?internal?tax?self?inspections?and?external?audits?are?carried?out?to?
     effectively?prevent?tax?related?risks?and?avoid?potential?legal?liabilities?and?economic?losses?arising?from?non?compliance.?In?2025,?the?
                                                                                                                                                                Appeals?and?Whistleblowing?Mechanism
     Company?paid?a?total?of?RMB?402?million?in?various?taxes?in?full?compliance?with?the?law.
                                                                                                                                                                Jafron?has?established?and?implemented?the?Internal?Reporting?and?Whistleblowing?Management?System,?providing?multiple?reporting?
                                                                                                                                                                channels? including? mail,?email?and? telephone,? and? actively? accepts? internal? and? external? supervision? and? reports.?The? Group's?Audit?
                                                                                                                                                                and? Supervision? Department? is? responsible? for? receiving,? investigating? and? handling? reported? matters.? We? strictly? protect?
                                                                                                                                                                whistleblowers'? identities? and? personal? information? and? ensure? data? security.? Whistleblowers? whose? reports? are? veri?ed? and? who?
                                                                                                                                                                contribute?to?risk?prevention?or?loss?recovery?are?rewarded?in?accordance?with?relevant?policies.
                                                                                                                                                                    Whistleblowing?Hotline??0756?3619947              Whistleblowing?email??shenjijiancha@jafron.com
     Advancing?Green
     Transformation?to
     Enable?Sustainable
     Healthcare
     Jafron? is? committed? to? embedding? green? development? principles? across?
     its? operations.? The? Company? strictly? complies? with? applicable?
     environmental? laws,? regulations? and? industry? standards,? and? has?
     established? a? structured? and? continuously? evolving? environmental?
     management? system.? We? actively? promote? cleaner? production? and? green?
     manufacturing? practices,? with? a? focus? on? minimizing? resource?
     consumption?and?reducing?emissions?at?source.
     By? increasing? investment? in? environmental? protection? technologies,?
     optimizing? manufacturing? processes? and? expanding? the? use? of? clean?
     energy? and? renewable? materials,? we? continue? to? improve? resource?
     ef?ciency? and? environmental? performance.? At? the? same? time,? we?
     strengthen? organization?wide? environmental? awareness? and? promote?
     green? of?ce? practices? and? low?carbon? mobility? to? foster? a? culture? of?
     shared?responsibility?for?sustainability.
     ESG?Material?Topics?Covered?in?this?Chapter
       Environmental?Compliance                  Pollutant?Emissions
       Management
                                                 Waste?Disposal
       Energy?Utilization
                                                 Water?Resource?Utilization
       Response?to?Climate?Change
                                                 Ecosystem?and?Biodiversity?Protection
       Circular?Economy
     SDGs?Responded?in?this?Chapter
     Response?to?Climate?Change                                                                                                                                    Risk
                                                                                                                                                                   Type
                                                                                                                                                                                                   Description?of?Risk
                                                                                                                                                                                                                                                     Impact
                                                                                                                                                                                                                                                    Duration
                                                                                                                                                                                                                                                                 Potential
                                                                                                                                                                                                                                                                 Financial
                                                                                                                                                                                                                                                                  Impact
                                                                                                                                                                                                                                                                                               Countermeasures
     Jafron?proactively?addresses?climate?related?risks?and?opportunities?by?enhancing?its?climate?governance?framework?and?integrating?                                            As? climate? change? policies? continue? to?
                                                                                                                                                                          Policy?                                                                                Increase?in        Monitor? and? analyze? national? and? regional?
     climate?considerations?into?strategic?planning.?Through?the?implementation?of?structured?and?science?based?management?measures,?                                               evolve,? failure? to? develop? and? implement?                  Short?and
                                                                                                                                                                          Comp?                                                                                  compliance         climate?related? regulations? to? ensure? the?
     we?seek?to?reduce?greenhouse?gas?emissions.?In?alignment?with?the?Recommendations?of?the?Task?Force?on?Climate?related?Financial?                                              strategies? aligned? with? these? regulations?                   medium
                                                                                                                                                                          liance?                                                                               and?operating       Company?remains?compliant?with?the?latest?
                                                                                                                                                                                    may? expose? the? Company? to? compliance?                        term
     Disclosures? (TCFD),? we? manage? and? disclose? climate?related? matters? across? four? key? dimensions—governance,? strategy,? risk?                                 Risk                                                                                    costs           environmental?laws?and?regulations
                                                                                                                                                                                    risks.
     management,?and?metrics?and?targets—providing?a?robust?framework?to?guide?ongoing?climate?action.
     Governance                                                                                                                                                                     As?the?Company?advances?technology?R&D,?
     Building? on? its? overall? sustainability? governance? structure,? Jafron? has? established? a? dedicated? climate? governance? framework? to?                                e q u i p m e n t ? u p g r a d e s ? a n d ? p r o c e s s?                 Increase?in        Implement? energy? ef?ciency? retro?t?
                                                                                                                                                                          Techno?   optimization?in?response?to?decarbonization?                                 production         projects;
     ensure?systematic?and?standardized?management?of?climate?related?initiatives.?The?Strategy?and?ESG?Committee?under?the?Board?of?                                                                                                                Medium
                                                                                                                                                                            logy    trends,? failure? to? align? with? low?carbon?                                costs?and
     Directors? serves? as? the? central? decision?making? body,? overseeing? climate?related? matters? and? other? sustainability? priorities,? and?                                                                                                 term                          Perform? thorough? evaluations? before?
                                                                                                                                                                           Risks    transition? requirements? may? weaken?                                          R&D
                                                                                                                                                                                                                                                                                    launching?new?projects?or?investing?in?new?
     approving? strategic? direction,? implementation? pathways? and? control? mechanisms.? This? ensures? that? climate? governance? is? fully?                                    product? competitiveness? and? result? in? loss?                            expenditures
                                                                                                                                                                                                                                                                                    technologies.
     aligned? with? the? Company's? development? strategy.? Relevant? subsidiaries? and? functional? departments? operate? within? a? coordinated?                                  of?market?share.
                                                                                                                                                             Transition
     execution? framework,? implementing? energy? ef?ciency,? pollution? reduction? and? carbon? mitigation? initiatives? according? to? their?                Risks
     respective? responsibilities.? Through? end?to?end? operational? controls,? we? effectively? ful?ll? our? climate? responsibilities,? contribute? to?
     climate?change?mitigation,?and?advance?green,?low?carbon,?high?quality?development.                                                                                            Growing? customer? and? market? preference?                                 Decrease?in         Invest? in? the? development? of? low?carbon,?
                                                                                                                                                                                    for? low?carbon? and? environmentally?                                      production          environmentally?friendly?products;
                                                                                                                                                                          Market                                                                     Medium
                                                                                                                                                                                    sustainable?products,?coupled?with?potential?                                costs?and
     Strategy                                                                                                                                                              Risk
                                                                                                                                                                                    increases? in? upstream? raw? material? costs?
                                                                                                                                                                                    driven?by?climate?related?factors.
                                                                                                                                                                                                                                                      term
                                                                                                                                                                                                                                                                 operating
                                                                                                                                                                                                                                                                  revenue
                                                                                                                                                                                                                                                                                    Adjust? procurement? strategies? dynami?
                                                                                                                                                                                                                                                                                    cally?based?on?market?trends.
     Based?on?its?operational?needs,?Jafron?systematically?identi?es?climate?related?risks?and?opportunities?linked?to?its?business?activities,?
     and? assesses? their? potential? time? horizons? and? ?nancial? implications.? By? establishing? a? structured? climate? response? framework,? we?
     continue?to?strengthen?the?Company's?climate?risk?management?capabilities?and?overall?sustainability?performance.                                                                                                                                                              Prioritize? ESG? management? and? practices,?
                                                                                                                                                                                    Stakeholders'? growing? interest? in? green?                                                    ensuring?timely?disclosure?of?climate?related?
                                                                                                                                                                          Reputa?                                                                    Reputation                     initiatives?and?performance;
                                                                                                                                                                                    development? could? damage? the? Company's?          Short?and
                                                                                      Potential                                                                             tion                                                                    and?revenue
          Risk                                                            Impact                                                                                                    reputation? if? we? fail? to? meet? their? expecta? medium?term                                 Build? a? strong? green? brand? image,? reducing?
                                   Description?of?Risk                                Financial                     Countermeasures                                        Risks                                                                        loss
          Type                                                           Duration                                                                                                   tions.                                                                                          carbon? emissions? to? meet? stakeholder?
                                                                                       Impact
                                                                                                                                                                                                                                                                                    expectations.
                                                                                                        Establish?emergency?response?systems?
                                                                                                        for? extreme? weather;? pre?deploy?
                          Extreme? weather? events? such? as?                                           protective? equipment? and? emergency?
                          typhoons,? ?oods,? earthquakes? and?                                          supplies? to? strengthen? emergency?                                                                                                                     Potential
                                                                                                        response?capabilities;                                Opportunity                                                                            Impact
                          blizzards? can? cause? signi?cant?                                                                                                                                  Description?of?Opportunit                                          Financial                     Countermeasures
                Acute                                                                                                                                            Type                                                                               Duration
                                                                                                                                                                                                                                                                  Impact
                 Risk     damage? to? equipment? and? power?            Short?term                      Install? energy? storage? solutions? to?
                          outages,? which? may? in? turn? disrupt?                                      manage? power? outages,? and? develop?                                      Climate?change?has?driven?growing?demand?                                                       Advance? green? product? certi?cation? in?
                          production?processes.                                                         emergency?power?outage?plans;                                               for?low?carbon,?environmentally?responsible?                                                    alignment? with? European? Green? Deal?
                                                                                                        Strengthen? infrastructure? construction?                                   products.? By? developing? eco?friendly?                                                        requirements? and? domestic? environmental?
                                                                                                                                                                                                                                                                  Market
                                                                                     Increase?in        to? improve? resilience? against? natural?            Product?and           medical? products? and? enhancing? product?
                                                                                                                                                                                                                                                    Medium?to    premium            standards? to? support? international? market?
                                                                                      operating         disasters.                                              Service             performance,? the? Company? is? well?
                                                                                                                                                                                                                                                    long?term   and?revenue         expansion;?
     Physical                                                                         costs?and                                                               Opportunities         positioned? to? respond? to? evolving? market?
      Risks                                                                                                                                                                                                                                                       growth            Enhance? marketing? initiatives? to? emphasize?
                                                                                     decrease?in                                                                                    demands,?boost?brand?image,?strengthen?its?
                          Rising? global? temperatures? may? lead?                                                                                                                                                                                                                  products'?low?carbon?attributes?and?align?with?
                                                                                      operating                                                                                     competitive?advantage?and?expand?revenue?
                          to?increased?energy?consumption?for?                                                                                                                                                                                                                      hospitals'?green?procurement?requirements.
                                                                                       revenue                                                                                      streams.
                          cooling? and? refrigeration? systems,?                                        Develop? energy?saving? management?
                          thus? driving? up? energy? costs? and?                                        policies? and? integrate? advanced? energy?
                                                                                                        management? systems? to? improve?                                                                                                                                           Optimize? hemoperfusion? cartridge? production?
                          potentially? causing? equipment?                                                                                                                          Optimizing? production? processes? and?                                     Reduced
                Chronic                                                 Long?term                       energy?ef?ciency;                                                                                                                                                           processes? to? minimize? material? waste;?
                                                                                                                                                                                    adopting? high?ef?ciency? equipment? or?                                   production
                 Risks    damage.? Temperature? ?uctuations?                                                                                                   Resource                                                                                                             Implement? waste? segregation,? recycling? and?
                                                                                                        Deploy? photovoltaic? energy? systems? in?                                  energy ? management ? systems ? can?                            Short?and  costs?and
                          may? affect? product? manufacturing?                                                                                                 Ef?ciency                                                                                                            circular?utilization?practices;
                                                                                                        production? facilities? to? optimize? the?                                  signi?cantly? enhance? resource? utilization,?                 medium?term improved
                                                                                                                                                              Opportunities                                                                                                         Deploy? energy?ef?cient? production? and?
                          and? storage,? necessitating? enhanced?                                       energy?mix.                                                                 lower?operational?costs,?and?reduce?carbon?                                  gross
                                                                                                                                                                                    emissions.                                                                  margins             sterilization? equipment,? alongside? advanced?
                          temperature? control? systems? that?
                                                                                                                                                                                                                                                                                    energy?management?systems.
                          add?to?operating?costs.
       Opportunity
                                      Description?of?Opportunit
                                                                                           Impact
                                                                                                        Potential
                                                                                                        Financial                          Countermeasures
                                                                                                                                                                                           Metrics?and?Targets
          Type                                                                            Duration
                                                                                                         Impact
                                                                                                                                                                                           To? strengthen? climate? governance,? Jafron? has? incorporated? greenhouse? gas? (GHG)? emissions? as? a? key? performance? indicator? for?
                             Ongoing? enhancements? in? domestic? and?                                                                                                                     managing? climate?related? risks,? in? alignment? with? its? operational? pro?le.? These? metrics? are? regularly? monitored? and? benchmarked?
                             international?low?carbon?policy?frameworks,?                                                    Strengthen? collaboration? with? academic?
                                                                                                                                                                                           against?established?targets,?with?ongoing?re?nement?of?management?measures?to?support?the?Company's?low?carbon?transition?and?
                             coupled? with? increased? support? for? green?                                                  institutions?and?industry?leaders?to?establish?
                                                                                                       Reduced               low?carbon?R&D?platforms;                                     contribute?to?China's?carbon?peaking?and?carbon?neutrality?goals.
                             healthcare? and? low?carbon? industries,? are?
         Market                                                                                       ?nancing
                             creating? new? growth? opportunities.? At? the?              Medium?to                          Actively? participate? in? the? development? of?
       Opportunities         same? time,? rising? demand? for? green?
                                                                                                    pressure?and                                                                                2025?Indicator
                                                                                          long?term                          green? standards? and? industry? exchanges?
                                                                                                      increased
                             collaboration? across? the? industry? enables?                                                  within? the? medical? device? sector,? promoting?
                                                                                                       revenue
                             the? Company? to? leverage? policy? incentives?                                                 the? Company's? low?carbon? strategy? and?
                             and? ecosystem? partnerships? to? expand? its?                                                  practices.                                                            Total?GHG?Emissions                                                                                    Direct?GHG?Emissions?(Scope?1)
                             market?presence.
     Note??Impact?Duration??refers?to?the?different?periods?when?different?climate?related?risks?and?opportunities?will?affect?the?Company.?The?Company?categorizes?the?impact?duration?
     into?short?term?(0?1?year),?medium?term?(1?5?years),?and?long?term?(over?5?years).
                                                                                                                                                                                                   Indirect?GHG?Emissions?(Scope?2)                                                                       GHG?Emissions?Intensity
     Impact,?Risk,?and?Opportunity?Management                                                                                                                                                      8,378.58               tCO2e                                                                           0.069?          tCO2e/RMB?1?Million
     To? systematically? identify? and? manage? climate?related? risks? and? opportunities,? Jafron? has? integrated? climate?related? risks? into? its?
                                                                                                                                                                                                 Note?1??Reported?GHG?emissions?include?Scope?1?(direct)?and?Scope?2?(indirect)?emissions,?which?are?calculated?in?accordance?with?the?GHG?Emissions?Accounting?
     organization?wide? risk? management? process.? This? process? spans? the? full? lifecycle? from? risk? identi?cation? to? response? planning? and?                                          and?Reporting?Guidelines?for?Industrial?Enterprises?(Other?Sectors).
     implementation.? Through? continuous? monitoring? and? periodic? review,? we? ensure? timely,? proactive? responses? to? evolving? climate?                                                 Note?2??Scope?1?emissions?cover?natural?gas?consumption;?Scope?2?emissions?include?purchased?electricity?(sourced?from?China?Southern?Power?Grid).?Natural?gas?
                                                                                                                                                                                                 emissions?are?calculated?based?on?a?conversion?factor?of?1?m??of?natural?gas?equivalent?to?1.20?kg?of?standard?coal?by?energy?content.
     related?risks?and?opportunities.
                                                                                Management?Process
                                                                                                                                                                                           Environmental?Compliance?Management
                                                                                                                                                                                           Jafron?strictly?complies?with?the?Environmental?Protection?Law?of?the?People's?Republic?of?China?and?other?applicable?environmental?
                                                                                                                                                                                           laws? and? regulations.? We? continue? to? enhance? our? environmental? management? system,? rigorously? control? pollutant? generation? and?
                                                 Jafron?identi?es?the?physical?and?transition?risks?as?well?as?potential?opportunities?associated?
                                                                                                                                                                                           emissions,? and? systematically? improve? environmental? performance.? We? are? committed? to? maintaining? a? clean,? safe? and? healthy?
             Identi?cation                       with? climate? change.? These? are? de?ned? and? described? with? reference? to? internal? operations,?
                                                                                                                                                                                           operating?environment,?and?to?achieving?high?quality?development?in?harmony?with?ecological?protection.
                                                 industry?dynamics?and?shifts?in?domestic?and?international?policy?landscapes.
                                                                                                                                                                                           Environmental?Management?System
                                                                                                                                                                                           Jafron? has? established? the? Environmental? Management? Policy,? underpinned? by? clearly? de?ned? roles,? responsibilities? and? tiered?
                                                                                                                                                                                           accountability.? The? Environmental,? Health? and? Safety? (EHS)? Department? serves? as? the? central? coordinating? body,? overseeing?
                                                                                                                                                                                           organization?wide? pollutant? discharge? monitoring,? inspection? and? compliance? management.? It? conducts? regular? environmental? risk?
                                                 Identi?ed?risks?and?opportunities?are?systematically?evaluated?in?terms?of?contributing?factors,?
              Assessment                                                                                                                                                                   assessments,?provides?technical?guidance?to?business?units,?and?leads?critical?activities?including?environmental?impact?assessments?
                                                 potential??nancial?impact?and?anticipated?impact?period.
                                                                                                                                                                                           (EIA),?project?completion?acceptance,?and?the?development?of?emergency?response?plans.?The?department?also?manages?key?functions?
                                                                                                                                                                                           such?as?solid?waste?disposal,?routine?environmental?monitoring?and?regulatory?compliance?inspections.?Each?business?unit?is?required?
                                                                                                                                                                                           to? designate? dedicated? environmental? management? personnel? responsible? for? the? independent? execution? of? environmental?
                                                                                                                                                                                           management?activities.?This?ensures?compliant?discharge?of?wastewater,?air?emissions?and?solid?waste,?as?well?as?the?standardized?
                                                                                                                                                                                           operation? of? environmental? protection? facilities.? Core? responsibilities—including? EIA? acceptance,? self?monitoring,? and? compliance?
                                                                                                                                                                                           evaluation—are?effectively?implemented?to?support?environmental?compliance?and?sustainable?operations.?To?reinforce?environmental?
                                                                                                                                                                                           governance,? we've? established? a? structured? supervision? and? performance? evaluation? mechanism.? Regular,? multi?dimensional? audits?
                                                 Based? on? the? assessment? results,? we? develop? and? implement? targeted? actions? to? mitigate?
               Response                                                                                                                                                                    and?inspections?are?conducted,?with?performance?outcomes?linked?to?incentive?and?accountability?measures.
                                                 climate?related?risks?and?capitalize?on?related?opportunities.
                                                                                                                                                                                           During?the?reporting?period,?the?Company?continued?to?strengthen?its?environmental?management?practices,?with?total?environmental?
                                                                                                                                                                                           protection? investment? amounting? to? RMB?             2.288? million.? And? we? did? not? incur? any? administrative? penalties? for? violations? of?
                                                                                                                                                                                           environmental?laws?or?regulations,?nor?were?there?any?material?environmental?risks?or?adverse?environmental?impacts.
                       Environmental?Compliance?Targets                                             2025年目标完成情况
                                                                                                     Achievements?in?2025                                  Training?on?and?Promotion?of?Environmental?Protection
                       Environmental?Pollution?Incidents??0                                                      Achieved                                  To?strengthen?the?environmental?awareness?and?capabilities?of?EHS?personnel?at?all?levels,?the?Company?conducted?thematic?training?
                                                                                                                                                           sessions,? knowledge?sharing? workshops,? hands?on? operational? practice? and? corresponding? evaluations—helping? to? ensure? our? EHS?
                Administrative?Penalties?Related?to?EHS?Matters??0                                               Achieved                                  personnel?can?effectively?ful?ll?their?responsibilities?and?support?the?Company's?compliance?objectives?and?EHS?efforts.
     Management?of?Environmental?Risks                                                                                                                            Key?Performance
                                                                                                                                                                  During? the? Reporting? Period,? the? Company? offered? 10? training? sessions? on? environmental? protection? for? 80? (person?
     Environmental?Impact?Assessment
                                                                                                                                                                  times)?participants,?with?a?total?duration?of?60?hours.
     Jafron? places? strong? emphasis? on? mitigating? the? potential? impacts? of? pollutant? emissions? on? employee? health? and? the? surrounding?
     environment.? All?existing? operations? and?new?construction? projects? are?subject? to?environmental? impact?assessments? (EIA)? in?strict?
     accordance? with? applicable? regulatory? requirements.? During? the? EIA? process,? potential? environmental? risks—including? wastewater,?
     solid?waste?and?other?emissions—are?systematically?identi?ed?and?controlled.?Environmental?compliance,?along?with?energy?ef?ciency?
                                                                                                                                                                 Upholding?Compliance,?Strengthening?Environmental?Foundations?—?Specialized?Training?on?Corporate
     and?carbon?reduction?performance,?is?incorporated?as?a?key?criterion?in?project?feasibility?assessments.?This?ensures?that?all?projects?                    Environmental?Protection?and?Waste?Disposal?Compliance?Management                                                              Case
     are?developed?and?operated?in?a?compliant,?environmentally?responsible?and?sustainable?manner?throughout?their?lifecycle.
                                                                                                                                                               In?April?2025,?to?thoroughly?implement?laws?and?regulations?related?to?ecological?and?environmental?protection,?prevent?risks?
     During? the? reporting? period,? the? Company? completed? and? obtained? regulatory? approval? for? the? EIA? reports? of? the? Workshop? #10?
                                                                                                                                                               of? environmental? violations,? and? ensure? the? company's? lawful? and? compliant? operations,? Jafron? organized? a? specialized?
     Expansion? Project,? the? North? Zone? Expansion? Project? of? the? Medical? Device? Company,? and? the? Jafron? Blood? Puri?cation? Jinding?
                                                                                                                                                               training? on? environmental? protection? and? waste? disposal? compliance? management.? This? training? focused? on? the? core?
     Project.
                                                                                                                                                               requirements? of? corporate? environmental? compliance? and? standardized? pollutant? disposal? practices.? Delivered? through? a?
                                                                                                                                                               three?dimensional?approach?of?"policy?interpretation?+?case?based?education?+?practical?guidance",?the?training?equipped?all?
     Environmental?Self?Inspection                                                                                                                             participants?with?the?skills??of?compliant?waste?disposal?and?integrated?the?compliance?mindset?across?the?entire?production?
                                                                                                                                                               and?operational?process.
     Jafron? complies? with? national? and? local? regulatory? requirements? on? pollutant? discharge? and? regularly? engages? quali?ed? third?party?
     agencies?to?monitor?air?emissions,?wastewater?and?noise?levels?at?its?facilities.?This?ensures?that?all?emission?sources?meet?applicable?
     standards? and? that? environmental? impacts? are? effectively? mitigated.? During? the? Reporting? Period,? no? emission? non?compliance?
     incidents?occurred?in?the?Company.
     Emergency?Management
     Jafron? places? a? high? priority? on? emergency? management? for? environmental? incidents.? We've? developed? the? Contingency? Plan? for?
     Environmental?Emergencies?and?established?a?comprehensive?environmental?emergency?management?framework,?clearly?de?ning?the?
     organizational? structure,? response? procedures? and? allocation? of? responsibilities.? We? conduct? regular? environmental? emergency?
     response? drills? to? continuously? strengthen? our? emergency? response? and? on?site? incident? handling? capabilities,? ensuring? that? in? the?
     event? of? an? environmental? incident,? response? protocols? can? be? promptly? activated? to? contain? pollutant? dispersion? and? minimize?
     environmental? impact.? We? also? continuously? enhance? our? risk? prevention? and? emergency? preparedness? mechanisms,? safeguarding?
     ecological? security? and? ensuring? safe,? stable? and? compliant? operations.? During? the? Reporting? Period,? the? Company? conducted? 6?
     emergency?response?drills?for?environmental?incidents.
     Identi?cation?of?Potential?Hazards
     Jafron?proactively?identi?es?and?manages?environmental?risks?by?establishing?a?normalized?mechanism?for?hazard?identi?cation?and?
                                                                                                                                                           Wastewater?and?Waste?Emissions?Management
     remediation.? Regular? inspections,? risk? assessments? and? closed?loop? corrective? actions? are? implemented? throughout? the? entire?             Jafron?strictly?complies?with?the?Law?of?the?People's?Republic?of?China?on?Prevention?and?Control?of?Water?Pollution,?the?Law?of?the?
     production? and? operational? process.? Key? focus? areas? include? wastewater,? air? emissions,? hazardous? waste? management,? and? the?            People's?Republic?of?China?on?Prevention?and?Control?of?Atmospheric?Pollution?and?the?Law?of?the?People's?Republic?of?China?on?the?
     operation? of? environmental? protection? facilities.? Through? continuous? re?nement? of? inspection? standards,? clear? assignment? of?             Prevention? and? Control? of? Environmental? Pollution? Caused? by? Solid? Wastes,? and? relevant? local? regulations? such? as? the? Guangdong?
     responsibilities?and?timely?recti?cation?of?identi?ed?issues,?the?Company?strengthens?its?environmental?risk?management?capabilities?                 Regulations? on? Solid? Waste? Pollution? Prevention? and? Control.? We've? established? a? comprehensive? pollution? and? waste? management?
     and?ensures?compliant?operations?and?ecological?safety.?During?the?reporting?period,?the?Company?submitted? 11?assessment?results?                    system? and? completed? the? registration? of? ?xed? pollution? sources? for? regulatory? oversight.? At? the? same? time,? we? actively? implement?
     through? the? Environmental? Emergency? Regulatory? System? of? Guangdong? Province.? All? assessments? con?rmed? the? absence? of? any?              measures? to? reduce? wastewater,? air? emissions? and? solid? waste? generation,? with? the? objective? of? minimizing? the? environmental?
     environmental?hazards.                                                                                                                                footprint?of?business?operations.
     Management?of?Waste?Gases                                                                                                                                     2025?Indicator
     Jafron? adheres? strictly? to? national? regulatory? requirements,? including? the? Law? of? the? People's? Republic? of? China? on? Prevention? and?
     Control? of? Atmospheric? Pollution? and? the? Emission? Standard? of? Air? Pollutants? for? Boilers,? and? has? de?ned? clear? responsibilities,?                                                  Chemical?oxygen?demand?
                                                                                                                                                                  Wastewater?discharges                  (COD)                                            Ammonia?nitrogen                         Total?phosphorus
     procedures?and?monitoring?requirements?for?air?emissions?management.
     Targeted?treatment?measures?are?applied?based?on?emission?sources??Process?emissions?are?treated?through?a?three?stage?system?                               79,779          tons                   0.775            tons                            0.004          tons                     0.348          tons
     comprising? activated? carbon? adsorption,? alkaline? scrubbing? and? water? scrubbing? prior? to? discharge.? Wastewater? treatment? plant?
     emissions? are? treated? using? a? combined? process? of? alkaline? scrubbing,? activated? carbon? adsorption? and? UV? photolysis? to? ensure?
     compliance? with? discharge? standards.? These? measures? effectively? control? atmospheric? pollutant? emissions? and? contribute? to? the?
                                                                                                                                                                                                                    Sewage?and?Wastewater?Treatment?Process
     protection?of?ambient?air?quality.
                                                                                                                                                                                                                                                                                       Tertiary
                                                                                                                                                                                                                   Primary?Treatment                          Secondary?Treatment     Treatment
                                                                                                                                                                              Sewage                                                                          Second?
             Waste?Gas?Emission                                             Nitrogen?Oxide                                      Sulfur?Dioxide                                                                                                 Primary
                                                                                                                                                                                                                                                             ary?Bioc?
                                                                                                                                                                                                                                                                           Second?
                                                                                                                                                                                                                                                                                                    Disinfec?
                                                                                                                                                                                                                                                                                                                 Compliant
                                                                                                                                                                              Collect?       Coarse     Pumping          Fine           Grit   Sedime?                       ary      Advanced                   Discharge
                                                                                                                                                                  Sewage
                                                                                                                                                                                                                                                              hemical                                 tion
                                                                                                                                                                             ion?from        Screen      Station        Screen         Tank     ntation                    Settling   Treatment                    of?Tail
                                                                                                                                                                                                                                                             Treatment                                Tank
                                                                                                                                                                             Pipelines                                                           Tank                       Tank                                   Water
                                 tons                                                 tons                                                tons                                                                                                                  Tank
             Volatile?Organic?Compounds?(VOC)                               Particulates
                                                                                                                                                             Waste?Treatment
                                                                                                                                                             Jafron?adheres?to?the?principles?of?waste?minimization,?segregation?and?resource?recovery?in?its?waste?management?practices.?Waste?
                                                                                                                                                             is?classi?ed?into?general?waste?and?hazardous?waste,?with?differentiated?handling?and?disposal?measures?applied?to?each?category.?All?
                                                             Waste?Gas?Treatment?Measures
                                                                                                                                                             operating?units?are?required?to?sort,?collect?and?store?waste?in?accordance?with?established?procedures.
                                                                                                                                                             During?the?Reporting?Period,?the?Company?achieved?a?100%?compliance?rate?in?waste?disposal.
             Collection?and?Transport?System                         Treatment?System                               Emission?System
            Odor? sources? are? enclosed? or?                 Collected? gases? are? treated?                Treated? exhaust? gases? that?
            captured? via? collection? hoods? and?            using? physical,? chemical,? or?               meet? regulatory? standards? are?                    Volume?of?Non?hazardous                                                                                       Volume?of?Hazardous?Waste
            conveyed?through?ducting?systems?                 biological? methods,? depending?               discharged? via? exhaust? stacks,?                   Waste?Generated                             Disposal?Volume?of?Non?hazardous?Waste                            Generated
            using? induced? draft? fans.? Negative?           on?the?nature?of?the?pollutants.               typically? with? a? height? of? no?
            pressure?is?maintained?at?emission?                                                              less? than? 15? meters,? to? ensure?                                tons                                             tons                                                            tons
            sources? during? collection? to?                                                                 effective?dispersion.
            prevent?fugitive?emissions.
                                                                                                                                                                  Disposal?Volume?of?Hazardous
                                                                                                                                                                  Waste                                       Total?Recycled?Waste                                              Waste?Recycling?Rate
     Wastewater?Management
     The? Company's? wastewater? primarily? consists? of? domestic? sewage? and? industrial? e?uent.? We've? established? a? closed?loop,? full?
     process? wastewater? management? system.? We? strictly? implement? a? rainwater–sewage? separation? system? to? prevent? soil? and?                          Types?of?Hazardous?Waste
     environmental? contamination.? Depending? on? wastewater? characteristics,? treatment? is? conducted? through? a? multi?stage? process?
     comprising? iron?carbon? treatment,? acid–base? neutralization,? anaerobic? treatment,? aerobic? treatment,? sedimentation? and? MBR?                        Waste?Organic?Solvents                  Spent?Activated?Carbon                          Laboratory?Waste                    Waste?Empty?Drums
     membrane? ?ltration.? Special? wastewater? streams? are? collected,? classi?ed? and? treated? separately? in? accordance? with? regulatory?
     requirements.? The? Wastewater? Treatment? Management? Department? maintains? comprehensive? operational? records,? including?
     treatment?logs,?facility?operation?and?maintenance?records,?and?routine?monitoring?data,?ensuring?stable?compliance?with?discharge?
     standards.?During?the?Reporting?Period,?all?wastewater?discharged?by?the?Company?met?applicable?standards.
                                  Waste?Type                                                          Treatment?Measures                                             2025?Indicator
                                                                                                                                                                       Total?Energy?Consumption1                                    Direct?Energy?Consumption                                    Indirect?Energy?Consumption
                                         Industrial?Solid?Waste?                     Transferred? to? designated? management? departments?
                                                                                     for? recycling? or? disposal.? Construction? waste? and?
                                         (Recyclable),?Construction?
                                         Waste,?Kitchen?Waste                        kitchen? waste? are? centrally? managed? by? the? Property?                                                tce                                                         tce                                                         tce
                                                                                     Management?Section?of?the?Group's?Logistics?Support?
           General?Solid                                                             Center.
                                                                                                                                                                       Purchased?electricity                                         Consumption?of?Natural?Gas                                  Photovoltaic?Power?Generation
              Waste
                                                                                                                                                                       (China?Southern?Power?Grid)
                                         Industrial?Solid?Waste                      Stored? in? designated? facilities? with? standardized?                           20,728,790                     kWh                            258.79             10,000?m3                                2,082,300                  kWh
                                         (Non?recyclable)                            labeling? and? classi?ed? storage? management,? and? is?
                                                                                     disposed?of?by?quali?ed?third?party?service?providers.                            Renewable?Energy?Consumption                                  Energy?Consumption?Intensity
             Hazardous                   Waste?Activated?Carbon,                     Subject? to? established? annual? disposal? plans,? with?                         Note?1??Total?energy?consumption?includes?natural?gas,?purchased?electricity?and?solar?generated?electricity.?Natural?gas?emissions?are?calculated?based?on?a?
              Wastes                     Waste?Solvents,                             approval? procedures? completed? via? the? hazardous?
                                                                                                                                                                       conversion?factor?of?1?m??of?natural?gas?equivalent?to?1.20?kg?of?standard?coal?by?energy?content.
                                         Laboratory?Waste                            waste?management?platform?prior?to?each?transfer.
                                                                                                                                                               Energy?Conservation?and?Emission?Reduction?Measures
                                                                                                                                                               Jafron? continues? to? advance? energy? ef?ciency? through? technological? upgrading.? We've? introduced? high?ef?ciency? production?
     Noise?Management                                                                                                                                          equipment? and? implemented? waste? heat? recovery? systems? to? improve? overall? energy? utilization.? In? addition,? a? power? energy?
                                                                                                                                                               management? system? has? been? deployed? to? enable? real?time? monitoring? of? energy? consumption? data,? supporting? continuous?
     Jafron?has?established?a?full?process?noise?pollution?prevention?and?control?system.?All?operating?units?strictly?comply?with?applicable?
                                                                                                                                                               optimization? of? energy? use? and? reduction? in? unit? energy? intensity.? We? also? implement? targeted? energy?saving? initiatives? to? further?
     noise? emission? limits? and? implement? lifecycle? management? and? mitigation? measures? for? noise?generating? facilities? to? minimize?
                                                                                                                                                               reduce?energy?consumption.
     environmental? impact.? For? high?noise? operations,? source?level? mitigation? is? implemented? through? equipment? selection,? process?
     optimization? and? engineering? controls.? Noise? monitoring? is? conducted? prior? to? commissioning? new? equipment;? where? excessive?
                                                                                                                                                                             Retro?t?Category                                                                     Speci?c?Retro?t?Measures
     emissions?are?identi?ed,?corrective?actions?or?noise?reduction?measures?are?implemented?without?delay.
                                                                                                                                                                                                                                  Replacement?of?high?energy?vertical?vacuum?pumps?with?low?energy
     Resource?Utilization
                                                                                                                                                                         Equipment?Replacement
                                                                                                                                                                                                                                  water?ring?vacuum?pumps
                                                                                                                                                                                                                                  Installation?of?energy?storage?systems?and?chilled?water?pre?cooling?to
     Jafron? prioritizes? ef?cient? and? intensive? resource? utilization? as? a? core? element? of? its? green? operations? strategy.? We? continuously?                 Electricity?Optimization                                enable?off?peak?electricity?utilization
     improve? energy? ef?ciency? through? optimization? of? the? Company's? energy? structure,? enhance? water?use? ef?ciency? through? the?
     deployment? of? water?saving? technologies,? and? strengthen? lifecycle? management? of? materials.? Through? the? promotion? of? material?
                                                                                                                                                                                                                                  Extension?of?alkaline?cleaning?cycles?to?reduce?chemical?usage?and
     reduction,? recycling? and? circular? utilization,? we've? established? a? science?based? and? ef?cient? resource? management? model,?                               Process?Improvement                                     wastewater?discharge
     strengthening?the?foundation?for?sustainable?development?and?accelerating?the?transition?toward?a?low?carbon?operating?model.
     Energy?Utilization                                                                                                                                               Energy?Ef?ciency?Retro?t?Project?for?Pump?Systems?in?Power?Station                                                                                      Case
     Jafron? strictly? complies? with? the? Energy? Conservation? Law? of? the? People's? Republic? of? China,? the? Renewable? Energy? Law? of? the?
                                                                                                                                                                 Jafron?implemented?an?energy?ef?ciency?retro?t?for?pump?systems?in?
     People's? Republic? of? China,? and? other? applicable? laws? and? regulations.? We've? established? a? suite? of? internal? policies,? including? the?     its? power? station.? While? maintaining? stable? chilled? water? system?
     Regulations?on?Energy?Conservation?Management,?the?Cost?Control?Guidelines?for?Manufacturing?Division?I,?and?the?Lean?Management?                           operating? conditions,? four? 55kW? pumps? were? replaced? with? 37kW?
     Measures? for? Workshop? #1.? These? frameworks? strengthen? full?process? energy? management? and? promote? ef?cient? and? circular?                       energy?ef?cient? pumps,? supplemented? with? booster? devices.? The?
     utilization? of? energy? resources.? The? Company's? energy? consumption? is? primarily? associated? with? production? operations? and?                     project? is? expected? to? achieve? electricity? savings? of? over? 25%? per?
                                                                                                                                                                 pump,? generate? annual? electricity? cost? savings? of? approximately?
     administrative?support?activities,?and?includes?electricity?supplied?by?the?grid?and?purchased?natural?gas.
                                                                                                                                                                 RMB? 370,000,? and? deliver? a? static? payback? period? of? approximately?
     In?addition,?we've?established?a?dedicated?Energy?Conservation?Of?ce?staffed?with?certi?ed?energy?managers,?supported?by?a?technical?                       1.62?years.?The?Company?plans?to?pilot?the?initiative?in?facilities?with?
     advisory?group?and?an?energy?saving?task?force.?This?of?ce?centrally?coordinates?energy?management?across?the?organization.?The?                            lower?operating?pressure?before?gradually?expanding?implementation?
                                                                                                                                                                 to?headquarters?facilities,?balancing?energy?ef?ciency?improvements?
     of?ce? conducts? annual? energy? ef?ciency? performance? assessments,? regularly? monitors? energy? wastage,? and? investigates? and?
                                                                                                                                                                 with?operational?safety.
     addresses?non?compliance,?thereby?strengthening?overall?energy?governance.
     Jafron?continues?to?advance?the?adoption?of?clean?energy.?Photovoltaic?(PV)?power?generation?systems?have?been?installed?across?its?
     facilities?to?partially?replace?conventional?electricity?consumption?and?reduce?dependence?on?fossil?fuels.?In?addition,?we?are?exploring?
                                                                                                                                                           Water?Resource?Utilization
     the? use? of? cleaner? energy? sources,? such? as? natural? gas,? to? optimize? the? energy? mix? and? reduce? carbon? emissions? from? production?   Jafron? recognizes? the? critical? importance? of? water? resources? and? strictly? complies? with? the? Water? Law? of? the? People's? Republic? of?
     activities.
                                                                                                                                                           China?and?other?applicable?laws?and?regulations?in?managing?water?use.?In?terms?of?water?sourcing,?water?required?for?production?and?
                                                                                                                                                           operations?is?primarily?supplied?by?municipal?systems,?ensuring?standardized?water?intake?management?at?the?source?and?eliminating?
            Rooftop?Photovoltaic?Power?Generation?at?the?Plant?Area                                                                         Case           unauthorized?or?wasteful?consumption.
                                                                                                                                                           To?further?improve?water?use?ef?ciency?and?ful?ll?its?water?saving?responsibilities,?the?Company?proactively?adopts?advanced?water?
          Jafron?has?developed?rooftop?PV?power?generation?systems?at?its?Jinding?facility,?Northern?District?facility?and?headquarters?                   saving? technologies? and? high?ef?ciency? equipment? produced? at? home? and? abroad.? In? line? with? the? characteristics? of?
          facility?in?the?Zhuhai?National?High?Tech?Industrial?Development?Zone,?Guangdong?Province.?The?project?integrates?rooftop?                       biopharmaceutical? and? medical? device? manufacturing? processes,? it? has? comprehensively? optimized? water? usage? across? production?
          resources? across? the? three? sites? and? optimizes? PV? module? layout,? achieving? a? total? installed? capacity? of? 1,849.65? kW.?          stages?to?further?unlock?water?saving?potential.
          Leveraging? favorable? solar? irradiation? conditions? in? Zhuhai,? the? PV? system? operates? ef?ciently? and? reliably,? generating?
          approximately? 2.0823? million? kWh? of? electricity? in? 2025.? All? generated? electricity? is? used? for? on?site? production? and? of?ce?           Recycling?of?Water?Distiller?Cooling?Water?to?Enable?Water?Circularity                                                         Case
          operations,?signi?cantly?reducing?reliance?on?grid?power.?The?project?is?expected?to?reduce?electricity?costs?by?approximately?
          RMB?353,300?and?further?supports?the?Company's?transition?toward?low?carbon?and?sustainable?development.
                                                                                                                                                              Jafron? has? optimized? the? operating? process? of? water?
                                                                                                                                                              distillers? by? collecting? cooling? water? generated? during?
                                                                                                                                                              operation,? ?ltering? and? purifying? it,? and? reusing? it? for?
                                                                                                                                                              equipment? cooling.? This? reduces? direct? discharge? of?
                                                                                                                                                              cooling? water,? lowers? freshwater? consumption,? and?
                                                                                                                                                              effectively? integrates? water? conservation? principles? into?
                                                                                                                                                              daily? production? processes,? thereby? improving? overall?
                                                                                                                                                              water?resource?ef?ciency.
                                                                                                                                                           In? addition,? Jafron? places? strong? emphasis? on? enhancing? employees'? water? conservation? awareness.? Regular? training? programs? are?
                                                                                                                                                           conducted?to?promote?water?saving?regulations,?technologies?and?best?practices,?fostering?a?corporate?culture?of?"saving,?valuing?and?
                                                                                                                                                           protecting?water?resources,?with?enterprises?taking?the?lead?by?example".?Employees?are?actively?encouraged?to?participate?in?water?
                                                                                                                                                           saving?initiatives,?translating?awareness?into?concrete?actions?and?supporting?the?development?of?a?water?ef?cient?society.?During?the?
                                                                                                                                                           reporting?period,?the?Company?was?recognized?as?a?Water?Saving?Enterprise.
     Energy?Conservation?Awareness?Development
     Jafron? conducts? dedicated? training? programs? and? awareness? campaigns? on? energy? conservation? and? emissions? reduction.? These?                     2025?Indicator
     campaigns? cover? energy? management? principles? and? practical? operational? skills,? with? the? objective? of? strengthening? employees'?
     energy? ef?ciency? awareness? and? execution? capability.? Participants? primarily? include? employees? in? key? production? and? operational?
     roles.? Through? systematic? training,? the? Company? further? enhances? its? overall? energy? conservation? and? emissions? reduction?
     performance.                                                                                                                                                        Total?Water?Consumption                                                   Total?Freshwater?Withdrawal
            Training?on?Re?ned?Energy?Management?for?Workshop?#1                                                                            Case                        538,030             Ton                                                    483,152            Ton
        To? fully? tap? energy?saving? potential? and? implement? re?ned? management,?
        Workshop? #1? recently? held? a? specialized? training? program? on? energy?
        management.? The? training,? tailored? to? production? realities,? provided? a? detailed?
        explanation?of?key?measures?such?as?pre?cooling?and?peak?shaving?operation?of?
        chillers,?low?frequency?control?of?air?conditioning?systems,?precise?air?supply?by?                                                                             Volume?of?Recycled?and?Reused?Water                                        Proportion?of?Recycled?and?Reused?Water
        compressors,? and? utilization? of? steam? waste? heat.? Through? case? analysis? and?
        hands?on? demonstrations,? employees? were? guided? to? start? with? small? actions,?
        strictly?follow?equipment?startup?and?shut?down?procedures?and?leak?inspection?
        protocols,? and? integrate? energy? conservation? and? consumption? reduction? into?
        daily?operations,?supporting?the?workshop’s?green?and?ef?cient?performance.
     Material?Utilization                                                                                                                                         Application?of?Hollow?Fiber?Membrane?Sub?Assemblies                                                                           Case
     The?materials?used?in?the?Company's?production?and?operations?primarily?include?raw?and?auxiliary?materials,?as?well?as?paper??and?
     plastic?based?packaging?materials.?To?achieve?standardized?and?structured?material?management,?Jafron?has?established?a?series?of?                       During? the? reporting? period,? Jafron? adopted? a? simpli?ed?
     internal?policies?and?procedures,?including?the?Raw?and?Auxiliary?Materials?Inbound?and?Outbound?Control?Procedures,?the?Automated?                      encapsulation? process? (polypropylene? tubes? and? AB?
     Warehouse?Material?Handling?Procedures,?and?the?Raw?Material?Sorting?and?Automated?Handling?Buffer?Operating?Procedures.?These?                          adhesive)? to? fabricate? compact? membrane? sub?assemblies?
     systems?ensure?that?all?material??ows?are?governed?by?standardized?requirements?and?controlled?processes.                                                for? direct? ultra?ltration? and? screening? performance? testing.?
                                                                                                                                                              Compared? with? the? traditional? approach? of? producing?
     Across?the?full?material?lifecycle,?we?implement?re?ned?management?at?each?stage.?This?includes?procurement?and?acceptance?of?raw?
                                                                                                                                                              complete? hemodialyzers? and? conducting? testing? in?
     and? auxiliary? materials? and? packaging? materials;? classi?ed? storage,? environmental? monitoring? and? labeling? after? warehousing;?
                                                                                                                                                              accordance?with?YY0053?standards,?this?method?signi?cantly?
     transportation?planning?and?protection?measures;?as?well?as?approval?controls?and?quota?management?for?material?requisition.?These?
                                                                                                                                                              reduces? material? consumption? and? testing? costs,? enabling? a?
     measures? ensure? robust? material? quality? control? at? source,? support? ef?cient? and? orderly? production? operations,? and? reduce? material?
                                                                                                                                                              more? ef?cient? and? cost?effective? evaluation? of? membrane?
     waste?through?disciplined?lifecycle?management.
                                                                                                                                                              performance.
     In?addition,?guided?by?the?principles?of?ef?ciency?enhancement,?cost?optimization?and?green?development,?we?implement?a?series?of?
     packaging?optimization?initiatives,?including?material?reduction,?lightweight?design?and?circular?utilization,?while?ensuring?compliance?
     with? required? protective? performance? standards.? These? measures? effectively? reduce? packaging? material? consumption? costs? and?
     improve?material?circularity.?We?also?actively?explore?the?application?of?green?manufacturing?processes?across?production,?testing?and?                                                                                        Comparison?of?Hemodialyzer?and?Sub?assembly?Appearance
     other?operational?stages?to?reduce?material?usage?and?further?embed?sustainable?manufacturing?practices.
                                                                 Green?Packaging?Initiatives
             Category                                                               Speci?c?Actions
                                                                                                                                                                  Total?Use?of                           Consumption?of?Paper                Consumption?of?Plastic             Quantity?of?Packaging
                                                                                                                                                                  Packaging?Materials                    Packaging?Materials                 Packaging?Materials                Materials?Recycled
                                                                        Used?resin?packaging?drums?are?regularly?collected?and?returned?
                 Recycling
                                      Recycling?of?resin?drums          to?suppliers?for?cleaning?and?reuse?as?resin?storage?containers.
                                                                                                                                                                                      Ton                                    Ton                           Ton                               Ton
                                                                        Under? the? premise? of? ensuring? required? product? protection?
                                      Substitution?of?premium
                                    boxes?with?corrugated?boxes
                                                                        performance,? lightweight? corrugated? boxes? are? used? to?
                                                                        replace?the?original?premium?packaging?boxes.
                                                                        Foam? cushioning? materials? are? replaced? with? lighter? expanded?
                                                                                                                                                           Green?Of?ce
            Lightweight?design      Replacement?of?foam?liners
                                                                        polyethylene? (EPE)? or? thermoformed? trays? while? maintaining?
                                   with?EPE/thermoformed?trays                                                                                             Jafron? actively? promotes? green? of?ce? practices? and? advocates? paperless? operations.? Employees? are? encouraged? to? prioritize? digital?
                                                                        equivalent?protective?performance.
                                                                                                                                                           work?ows?and?electronic?documentation,?thereby?effectively?reducing?paper?consumption?and?resource?waste.?In?parallel,?we?continue?
                                                                        Structural?optimization?is?applied?to?reduce?tube?wall?thickness?                  to? expand? the? use? of? energy?ef?cient? of?ce? equipment,? including? energy?saving? lighting? systems,? low?power? printers? and? energy?
                                         Reduction?of?tube              while? ensuring? structural? integrity? and? functional? performance?              ef?cient? computers,? to? reduce? overall? of?ce? energy? consumption.? Through? these? green? of?ce? initiatives,? we? continuously? improve?
                                          wall?thickness                requirements?are?met.                                                              resource? ef?ciency? and? foster? a? low?carbon,? environmentally? friendly? and? high?ef?ciency? working? environment,? supporting? the?
                                                                                                                                                           Company's?sustainable?development.
                                                                                                                                                           Ecosystem?and?Biodiversity?Protection
                                                                                                                                                           Jafron? integrates? green? development? principles? throughout? its? R&D? and? manufacturing? processes,? reducing? environmental? impact?
                                                                                                                                                           through? cleaner? production? processes? and? energy?saving? initiatives,? and? safeguarding? the? sustainable? use? of? natural? resources? at?
                                                                                                                                                           source.?In?its?operations,?the?Company?strictly?complies?with?environmental?regulations?and?promotes?waste?recycling?and?resource?
                                                                                                                                                           recovery?to?minimize?impacts?on?surrounding?ecosystems.?Employees?are?encouraged?to?participate?in?environmental?public?welfare?
                                                                                                                                                           activities,? contributing? to? biodiversity? protection? through? practical? engagement.? Looking? ahead,? we? will? continue? to? advance? green?
                                                                                                                                                           innovation? and? are? committed? to? achieving? harmonious? coexistence? between? business? development? and? ecological? protection,?
                                                                                                                                                           contributing?to?the?goal?of?building?a?community?of?all?life?on?Earth.
     Building?a?Harmonious
     Workplace?through
     People?Oriented
     Development
     Jafron? strictly? adheres? to? international? labor? standards? as? well? as?
     applicable? laws? and? regulations,? safeguarding? equal? employment?
     opportunities,?equitable?career?development,?and?occupational?health?and?
     safety,? while? ?rmly? prohibiting? all? forms? of? discrimination? and? unfair?
     treatment.? We've? established? diversi?ed? and? inclusive? communication?
     platforms,? strengthened? labor? dispute? mediation? mechanisms? and?
     maintained?accessible?employee?grievance?channels?to?ensure?employees'?
     voices? are? heard? in? a? timely? manner,? enabling? every? employee? to? receive?
     respect?and?care?in?the?workplace.?In?parallel,?we?actively?ful?ll?our?social?
     responsibilities? and? promote? coordinated? development? among? the?
     enterprise,? employees,? communities? and? society,? fostering? shared? value?
     creation? through? a? people?centered? approach? and? contributing? to? a?
     harmonious?and?inclusive?ecosystem.
     ESG?Material?Topics?Covered?in?this?Chapter
       Employee?Training?and                      Due?Diligence
       Development
                                                  Protection?of?Employees'?Legal
       Occupational?Health?and?Safety             Rights?and?Interests
       Social?Contribution                        Access?to?Healthcare
       Rural?Revitalization
     SDGs?Responded?in?this?Chapter
      Protection?of?Employees'?Rights?and?Interests                                                                                                            Recruitment?Channels
                                                                                                                                                               Jafron?has?established?a?diversi?ed?talent?acquisition?system?integrating?social?recruitment,?campus?recruitment?and?internal?referral?
                                                                                                                                                               mechanisms.? Social? recruitment? leverages? leading? online? recruitment? platforms? to? precisely? access? high?quality? industry? talent.?
       Jafron?upholds?a?people?oriented?management?philosophy?and?strictly?complies?with?the?Labor?Law?of?the?People's?Republic?of?China?
                                                                                                                                                               Campus?recruitment?is?conducted?through?long?term,?reliable?partnerships?with?multiple?universities?across?China,?including?on?site?
       and? the? Labor? Contract? Law? of? the? People's? Republic? of? China.? We've? established? a? comprehensive? human? resources? management?
                                                                                                                                                               presentations? and? outreach? activities,? to? attract? outstanding? graduates? and? build? a? sustainable? pipeline? of? young? talent? to? support?
       system? and? internal? control? framework,? ensuring? full? implementation? of? labor? contract? management,? employee? training? and?
                                                                                                                                                               long?term?development.
       development,?compensation?and?bene?ts,?rest?and?leave?entitlements,?and?occupational?health?protection.?These?measures?effectively?
       safeguard?employees'?legitimate?rights?and?interests?and?support?the?creation?of?a?safe,?respectful?and?equitable?working?environment.                  As?of?the?end?of?the?Reporting?Period,?the?Company?had?a?total?of?295?newly?recruited?employees.
                                                                                                                                                               Diversity,?Equality,?and?Inclusion
      Talent?Recruitment
                                                                                                                                                               We?champion?diversity,?equity?and?inclusion?as?core?values?of?our?corporate?culture.?We?are?committed?to?creating?a?workplace?that?
       Adhering? to? the? principles? of? openness,? fairness? and? merit?based? selection,? Jafron? has? established? a? standardized? and? compliant?        respects?individual?differences?and?ensures?equal?opportunity?regardless?of?ethnicity,?race,?gender?or?religious?belief.?Every?employee?is?
       recruitment? system.? All? candidates? are? provided? equal? opportunities? without? discrimination? based? on? gender,? ethnicity,? religion? or?      treated?with?dignity?and?fairness.
       referral?source.?We've?formulated?the?Recruitment?Management?Policy,?the?Regulations?on?Employee?Position?Transfer?Management?
       and? the? Internship? Management? Regulations,? which? clearly? de?ne? recruitment? and? interview? procedures? and? provide? standardized?                     DEI?(Diversity,?Equity?and?Inclusion)?Practices?and?Key?Performance?Indicators
       guidance?for?hiring?activities.?All?recruitment?processes?strictly?comply?with?applicable?national?labor?laws?and?regulations.?We??rmly?
       prohibit?child?labor?and?forced?labor,?and?ensure?lawful?and?compliant?employment?practices.                                                                      Jafron?fully?respects?ethnic?diversity.?As?of?the?end?of?the?reporting?period,?we?employed?85?ethnic?minority?employees,?
                                                                                                                                                                         accounting? for? approximately? 4%? of? the? total? workforce.? Ethnic? minority? employees? have? become? an? important? and?
                                                                                                                                                                         integral?part?of?the?Company's?development.
      Employee?Composition                                                                                                                                               Jafron?actively?ful?lls?its?social?responsibility?by?supporting?employment?opportunities?for?persons?with?disabilities.?As?
       As?of?the?end?of?the?Reporting?Period,?the?Company?had?a?total?of?2,301?employees.                                                                                of?the?end?of?the?reporting?period,?we?employed?6?employees?with?disabilities.
                                                                                                                                                               ?Anti?Discrimination?and?Anti?Harassment
                                                                                                                                                               throughout? all? employment? processes,? including? recruitment,? hiring,? compensation,? promotion? and? performance? evaluation,? on? the?
         By?Gender
                                                                                                                 Male
                                                                                                                                                               basis?of?gender,?age,?education,?ethnicity?or?physical?condition.?We?also?strictly?prohibit?any?form?of?workplace?harassment,?including?
                                             persons                                                                                                           been?established?to?ensure?effective?enforcement,?safeguarding?the?dignity?and?legitimate?interests?of?all?employees.
                                                                                                                                                               Protection?of?Female?Employees'?Rights?and?Interests
                                                                                                                                                               Jafron?places?strong?emphasis?on?safeguarding?the?rights?and?interests?of?female?employees,?and?has?established?a?robust?system?to?
                                                                                                                                                               protect? female? employees'? rights? and? interests? in? strict? compliance? with? the? Special? Provisions? on? Labor? Protection? for? Female?
     Number?of?Employees?by
                                                                                                                                                               Employees? and? other? applicable? laws? and? regulations.? In? accordance? with? legal? requirements,? we? implement? comprehensive?
                                             persons
                                                                                    persons                      Doctoral?Degree?                              occupational?protections?for?female?employees?during?menstruation,?pregnancy,?childbirth?and?breastfeeding.?Work?arrangements?and?
          Education
                                                                                                                 Master's?Degree?                              job?assignments?are?reasonably?adjusted?to?eliminate?gender?discrimination?and?any?form?of?unreasonable?employment?requirements.?
                                                                                                                                                               We've? established? a? dedicated? care? mechanism? for? female? employees? and? regularly? provide? psychological? counseling? services,?
                                            persons                                                              Bachelor's?Degree?                            including? on?site? professional? counseling? support,? to? safeguard? employees'? physical? and? mental? well?being.? In? addition,? a? range? of?
                                                                                                                                                               employees?receive?comprehensive?workplace?care?and?support.
                                                                                                                                                                   Key?Performance
          Number?of?Employees?by?Age
                                                                                                                 Under?30?(exclusive)?Years?Old
                                                                                                                                                                      Proportion?of?Female?Employees?in
                                                                                                                                                                      Management                                              Employees?Taking?Maternity?Leave
                                                                                                                                                                                                                                                                             Return?Rate?of?Employees?on
                                                                                                                                                                                                                                                                             Maternity?Leave
                                                                                         persons
                                                                                                                 Above?50?Years?Old
                                                                                                                                                                            persons
     Compensation?and?Bene?t?Management                                                                                                                     Workplace?Amenities
     Remuneration?Management
     Jafron?has?established?the?Compensation?Management?Policy?and?the?Performance?Evaluation?Policy,?forming?a?scienti?c?and?well?
     structured?remuneration?and?incentive?framework.?Guided?by?the?principles?of?distribution?according?to?work,?performance?orientation,?
     fairness?and?equity,?we?closely?link?compensation?with?job?value,?individual?performance?and?competency,?thereby?building?a?market?
     competitive? compensation? structure? that? safeguards? employees'? legitimate? remuneration? rights.? We've? also? introduced? equity?
     incentives?to?fully?recognize?employee?contributions?and?value?creation,?motivating?employee?engagement?and?innovation?through?a?
     structured? incentive? mechanism.? This? ensures? alignment? between? employee? value? realization? and? the? Company's? sustainable?
     development?objectives.
     Welfare?Bene?ts
     Jafron?regards?employee?welfare?as?a?key?pillar?of?sustainable?development?and?has?established?a?comprehensive?bene?ts?system.?In?
                                                                                                                                                                             Break?Room?Cafés                                                     Dining?Facilities
     addition? to? statutory? contributions? to? social? insurance? schemes? and? the? housing? provident? fund,? and? ensuring? employees'? statutory?
     leave?entitlements,?we?provide?a?range?of?additional?welfare?and?human?centered?care?measures.?In?strict?compliance?with?applicable?
     national? and? local? regulations,? we've? formulated? the? Attendance? and? Leave? Management? System? to? standardize? working? hour?
     management?and?safeguard?work–life?balance,?enabling?employees?to?share?in?the?bene?ts?of?corporate?development.
            Key?Performance
             During?the?Reporting?Period,?the?social?insurance?coverage?rate?was?100%.
     Jafron? consistently? places? employees'? physical? and? mental? well?being? as? well? as? the? workplace? environment? at? the? forefront? of? its?
     priorities.? Upholding? a? people?oriented? philosophy,? we? provide? comprehensive? logistical? support? across? of?ce? facilities,? dining,?
     accommodation,?recreation?and??tness?and?parking,?fully?meeting?employees'?diverse?needs.?Through?the?continuous?optimization?of?
                                                                                                                                                                                  Dormitories                                                           Gym
     management? practices? and? workplace? facilities,? we? are? committed? to? creating? a? positive,? safe? and? comfortable? working? and? living?
     environment,? thereby? enhancing? employees'? sense? of? ful?llment? and? well?being,? and? further? strengthening? corporate? cohesion? and?
     engagement.
                                                                                          Other                      Meal? and? accommodation?
                                                                                         Welfare                     subsidies,? shopping? allow?
                                                                                                                     ances,?and?access?to?employee?
          Social?insurances?and                              Mandated
                                                                                                                     facilities,? including? gymna?
                                                             Bene?ts
          housing?provident?fund;                                                                                    sium,? badminton? hall,? table?
          statutory?holidays                                                                                         tennis? room,? basketball? court,?
                                                                                                                     billiards?room,?yoga?studio,?and?
                                                                                                                     other?recreational?and?wellness?
                                                                                                                     amenities.
                                                                                                                                                                                  Yoga?Studio                                                           Gym
     Labor?Relations?Management                                                                                                                              Care?for?Employee
     Democratic?Governance                                                                                                                                   Assistance?for?Employees?in?Dif?culty
     Jafron?has?established?a?standardized?employee?democratic?governance?system,?with?the?Employee?Congress?as?the?core?mechanism.?
                                                                                                                                                             Jafron?consistently?adheres?to?a?people?oriented?philosophy?and?places?strong?emphasis?on?supporting?employees?facing??nancial?or?
     We've? developed? the? Democratic? Management? Policy,? the? Collective? Bargaining? Policy? and? the? Union? Leadership? Open? Of?ce? Hours?
                                                                                                                                                             personal? dif?culties.? We've? developed? the? Employee? Hardship? Relief? Policy? and? established? a? standardized,? institutionalized? support?
     Policy.?Employee? congress? meetings? are? convened? in? accordance? with?applicable? laws?and? regulations? to?review?and? vote? on? major?
                                                                                                                                                             mechanism.? Through? systematic? identi?cation? of? employee? needs,? we? provide? targeted? assistance? measures,? including? ?nancial?
     matters? related? to? corporate? operations? and? employees'? vital? interests.? This? ensures? employees'? rights? to? information,? participation?
                                                                                                                                                             subsidies,?material?support?and?special?relief?programs,?effectively?helping?employees?overcome?challenges?and?stabilize?livelihoods.
     and?expression?are?fully?protected.
     Jafron? has? established? diversi?ed? and? multi?channel? employee? communication? and? feedback? mechanisms.? We? regularly? conduct?
     employee?roundtables?as?well?as?online?and?o?ine?surveys?to?systematically?capture?employee?feedback?and?concerns?with?precision.?
     A?dedicated?feedback?channel,?including?a?"President's?Suggestion?Box",?has?been?established?to?broadly?collect?employees'?views?and?                   Employee?Activities
     recommendations? regarding? corporate? development,? management? practices? and? operational? improvements.? We've? implemented? a?
                                                                                                                                                             Jafron?is?committed?to?enriching?employees'?cultural?and?spiritual?life?and?fostering?a?positive,?collaborative,?and?inclusive?workplace?
     closed?loop? mechanism? covering? proposal? submission,? follow?up? tracking? and? response? feedback.? Reasonable? suggestions? are?
                                                                                                                                                             culture.? A? series? of? employee? engagement? initiatives? is? regularly? organized,? including? the? Jafron? Festival,? recognition? ceremonies,?
     actively? evaluated? and? incorporated? into? practice.? This? mechanism? enables? employees? to? participate? effectively? in? democratic?
                                                                                                                                                             family?carnivals,?New?Year?gala?events,?and?sports?club?competitions.?These?activities?actively?encourage?participation,?alleviate?work?
     management?of?the?enterprise?and?contribute?to?corporate?development,?thereby?fostering?a?harmonious?labor?relationship?in?which?
                                                                                                                                                             pressure,?and?strengthen?team?cohesion?and?employee?belonging.
     employees?and?the?Company?progress?in?alignment?and?achieve?coordinated?growth.
     Labor?Contract?Management                                                                                                                                      19th?Jafron?Festival?Celebration                                                                                             Case
     Jafron? strictly? complies? with? the? Labor? Contract? Law? of? the? People's? Republic? of? China? and? other? applicable? laws? and? regulations.?
     We've? formulated? the? Labor? Contract? Management? System? to? standardize? full? lifecycle? contract? management.? All? stages—including?                Since?2007,?Jafron?has?celebrated?employees?who?have?been?with?us?for?10?years?or?more.?In?recognition?of?our?successful?
     contract? establishment,? performance,? modi?cation? and? termination—are? conducted? in? strict? accordance? with? legal? and? regulatory?                 restructuring? and? independent? development,? we? designated? the? third? Saturday? of? each? July? as? the? Jafron? Festival—an?
     requirements.?The?rights?and?obligations?of?both?the?employer?and?employees?are?clearly?de?ned,?effectively?safeguarding?employees'?                        employee?holiday?marked?by?festive?events?and?cultural?celebrations.?Over?the?years,?the?Jafron?Festival?has?become?a?key?
     lawful?labor?rights?and?interests.                                                                                                                          part?of?our?corporate?culture.?On?July?19,?2025,?the?Jafron?Festival?employee??lm?screening?event?was?successfully?held?at?the?
                                                                                                                                                                 Zhuhai? Workers'? Cultural? Palace?(Workers'? Grand? Theater).? Employees? collectively? revisited?the? classic? ?lm?My?Country,? My?
                                                                                                                                                                 Parents.? The? event? also? included? employee? engagement? activities? such? as? souvenir? gifts,? scratch? cards? and? lucky? draw?
            Key?Performance
                                                                                                                                                                 sessions.? In? recognition? of? long?term? service,? 134? employees? with? 10,? 15? and? 20? years? of? service? were? awarded?
                                                                                                                                                                 commemorative? gifts,? including? gold? sailboats,? gold? coins? and? golden? keys,? respectively.? Chairman? &? President? Dong? Fan?
             During?the?Reporting?Period,?the?signing?rate?of?labor?contracts?was?100%.                                                                          personally? attended? the? event? and? took? commemorative? photos? with? employees,? expressing? gratitude? for? their? long?term?
                                                                                                                                                                 contributions.
     Labor?Dispute?Management
     Jafron?has?issued?the?Decision?on?Establishing?a?Trade?Union?Labor?Law?Supervision?Committee?and?has?established?a?Labor?Dispute?
     Mediation? Committee? in? accordance? with? applicable? laws.? The? Committee? is? responsible? for? handling? the? initiation,? negotiation,?
     mediation? and? follow?up? supervision? of? labor? dispute? resolution? agreements.? Through? a? multi?tiered? dispute? resolution? mechanism,?
     the?Company?continuously?enhances?its?negotiation?and?mediation?capabilities,?effectively?safeguarding?employees'?legitimate?rights?
     and?interests.
     In? addition,? we've? established? a? formal? employee? complaint? mechanism.? Employees? may? submit? complaints? through? multiple?
     channels,? including? email?and?telephone.? Dedicated? personnel? and?responsible? departments?ensure?timely?receipt,? investigation?and?
     resolution?of?employee?concerns.?All?complaint?information?is?kept?strictly?con?dential.
     Training?and?Development                                                                                                                                                                                           Key?Performance
                                                                                                                                                                                                                        Investment?in?Employee?Training                     Number?of?Employee?Training?Sessions            Total?Number?of?Persons?Trained?1
     Employee?Training
                                                                                                                                                                                                                        RMB    0.3563           Million                    1,720?      Sessions                             2,487?        Persons
     Jafron? has? established? a? systematic,? end?to?end? employee? training? framework,? centered? on? the? core? objective? of? "role?based?
     capability? development? and? strengthening? the? Group's? talent? pipeline".? A? diversi?ed? training? system? has? been? developed,? covering?
                                                                                                                                                                                                                        Total?Number?of?Persons?Trained                     Coverage?of?Employee?Training
     management? training,? professional? training,? onboarding? training? and? general? training.? By? integrating? internal? and? external? faculty,?
     curricula?and?platform?resources,?we?provide?strong?support?for?employee?development?and?growth.
                                                                                                                                                                                                                  Note?1??Total?Number?of?Persons?Trained?includes?former?employees.
                                                                                  Jafron?Training?System?Overview
                                                                                                                                                                                                                          Company?wide?Knowledge?Contest                                                                                                 Case
                                                     Role?Based?Empowerment                                        Support?for?Group?Talent?Supply
                                                Type                                                         Training?Tracks                                                                                          Jafron?organized?a?six?month,?12?session?knowledge?contest?covering?themes?such?as?branding,?products?and?current?affairs.?
                                                                                                                                                                                                                      All?business?units?actively?participated,?with?a?total?of?12,219?participations.?Through?quiz?based?competitive?engagement,?the?
                                                                     Management             Management               On?the?Job                                                                                       initiative? effectively? stimulated? employees'? learning? enthusiasm,? encouraged? focus? on? core? business? areas,? deepened?
                                        ManagementTraining                                                                                  Standard?Project?Track
                                                                     Trainee?Track         Promotion?Track         Competency?Track                                                                                   professional?understanding?and?enhanced?professional?competencies.?
                                                                                                                                                                             Competency?Evaluation?and?Feedback
     Corporate?Culture?Implementation
                                                                                          Industrial?Manufacturing     Technology?&?R&D           Comprehensive
                                        Professional?Training          Marketing                                                                     Support
                                                                       New?Hire?Orientation              Sun?ower?Program                       Pre?con?rmation
                                        New?Employee?Training          (Social?Recruitment)            (Campus?Recruitment)                      Empowerment
                                                                         System?and
                                           General?Training             Policy?Training           Of?ce?Skills         Professional?Ethics         External?Training
                                                         Training?Management                                                  Training?Resources
                                                                System                                                              System
                                                                                                                                                                                                                          Operational?Analysis?Meeting?Training?Program                                                                                  Case
                                          Policy      Requirements   Implementation    Evaluation       Trainer     External?Training   Course?Content   Learning?Platform
                                        Management    Management      Management      Management       Resources       Resources          Resources         Resources
                                                                                                                                                                                                                      Jafron?conducted?three?sessions?of?operational?analysis?meeting?training,?involving?98?participants?across?nine?organizations.?
                                                                                                                                                                                                                      The? training? focused? on? systematic? learning? of? "How? to? Conduct? Effective? Operational? Analysis? Meetings",? followed? by? post?
                                                                                                                                                                                                                      training? practice? sessions.? A? combined? approach? of? training,? practice,? and? application? was? adopted? to? strengthen?
                                                                                           E?learning?Platform                                                                                                        implementation?effectiveness.
     In?2025,?guided?by?the?dual?priorities?of?"supporting?business?operations?and?developing?talent",?the?Company?steadily?advanced?its?
     annual? training? plan.? For? new? employee? onboarding,? standardized? programs? were? implemented? in? an? orderly? manner,? while? course?
     content? and? assessment? mechanisms? were? continuously? optimized? to? ensure? the? quality? of? newly? recruited? talent.? For? on?the?job?
     training,? we? focused? on? key? operational? priorities? and? emerging? topics? such? as? AI,? talent? review,? functional? evaluation? and? business?
     etiquette.?Training?activities?were?conducted?across?four?major?areas,?including?management?track?training,?secondary?level?training,?
     quality? system? training? and? project?based? training,? continuously? enhancing? the? comprehensive? capabilities? of? employees? and?
     managers? and? enabling? organizational? ef?ciency? improvement.? At? the? same? time,? we? increased? investment? in? training? resource?
     development,?strengthened?the?internal?lecturer?pool,?and?expanded?the?integrated?application?of?online?platforms?and?external?training?
     resources,?thereby?continuously?reinforcing?foundational?training?support?capabilities.
     Construction?of?Internal?Trainer?Team                                                                                                                  Platform?Usage?(as?of?the?end?of?the?reporting?period)
     Jafron? places? strong? emphasis? on? the? development? of? its? internal? lecturer? team.? Key? personnel? from? management,? technical? and?
     business?functions?are?selected?to?form?a?professional?internal?trainer?team.?Through?structured?instruction?in?teaching?methodologies,?                 Number?of?users                            Online?learning?coverage?rate                              Cumulative?learning?hours
     course? development? empowerment? and? tiered? certi?cation? management,? we've? established? a? full? lifecycle? mechanism? covering?
     selection,? development,? utilization? and? incentive? systems.? This? supports? the? ef?cient? transmission? of? core? technologies,? business?                      Persons                                                                                                      Hours
     expertise? and? corporate? culture,? strengthens? talent? pipeline? development? and? organizational? capability? building,? and? provides? solid?
     talent?support?for?the?Company's?sustained?high?quality?development.                                                                                     Training?programs?in?operation             Internal?and?external?knowledge
                                                                                                                                                                                                         courses?retained
     During? the? reporting? period,? the? Company? had? 117? registered? internal? trainers? (including? newly? appointed? trainers).? A? total? of?
     approximately? 229? training? sessions? were? delivered? throughout? the? year,? with? total? training? hours? reaching? approximately? 321.7?
     hours,?representing?an?increase?compared?with?previous?years.
            Internal?Trainer?Engagement                                                                                                 Case              Career?Development
                                                                                                                                                          Jafron? actively? promotes? clear? and? accessible? career? development? pathways? and? has? established? the? Position? and? Job? Grade?
        Leveraging?Teachers'?Day?as?an?opportunity,?Jafron?organized?a?light?appreciation?initiative?themed?"Gratitude?for?Cultivation",?                 Management?Measures,?which?de?ne?employee?career?progression?routes?as?well?as?promotion?and?demotion?criteria.?Each?job?family?
        which?received?wide?positive?feedback.                                                                                                            is?assigned? de?ned? quali?cation? requirements,? enabling? a?structured,? transparent? and?diversi?ed? career? development? system.?We've?
                                                                                                                                                          implemented?a?uni?ed?job?grading?framework,?categorizing?positions?into?three?streams??managerial,?technical?and?professional.?This?
                                                                                                                                                          framework?fully?covers?diverse?career?development?needs,?provides?clear?advancement?pathways,?and?helps?unlock?employee?potential?
                                                                                                                                                          while?supporting?the?realization?of?individual?career?aspirations.
                                                                                                                                                                                                            Dual?Track?Career?Development?Pathway
                                                                                                                                                                        Professional?Track                                Technical?Track                                  Managerial?Track
                                                                                                                                                                         Career?Pathway                                   Career?Pathway                                   Career?Pathway
                                                                                                                                                                           Chief?Expert                                 Certi?ed?Technician                                 Senior?Executive
                                                                                                                                                                              Expert                                      Senior?Engineer                                       Director
            Recruitment?and?Development?of?New?Internal?Trainers                                                                                                        Business?Manager                                 Advanced?Engineer                                      Manager
                                                                                                                                        Case
                                                                                                                                                                        Senior?Supervisor                              Intermediate?Engineer                                  Section?Chief
         Through? referral? and? self?nomination? mechanisms,? Jafron?
         selected? 16? internal? trainer? candidates? during? the? reporting?                                                                                               Supervisor                                   Assistant?Engineer                                    Supervisor
         period.? Two? rounds? of? empowerment? training? were? conducted,?
         along? with? two? rounds? of? assessment? and? certi?cation.?                                                                                                      Specialist                                       Technician                                        Specialist
         Ultimately,?15?individuals?successfully?obtained?certi?cation.
                                                                                                                                                                                                                             New?Hire
                                                                                                                                                               Key?Performance
     Online?Learning?Platform
     Jafron? has? independently? developed? the? Jafron? Academy? online? learning? platform,? supported? by? the? Group? Training? Center? and? its?             Number?of?Employees?Undergoing?Internal?Transfers                            Percentage?of?Employees?Undergoing?Internal
     digital?infrastructure.?The?platform?integrates?online?and?o?ine?training?resources?and?is?closely?aligned?with?the?development?of?the?                      or?Applying?For?Internal?Positions                                           Transfers?or?Applying?For?Internal?Positions
     internal? trainer? system.? It? provides? robust? support? for? employee? development,? organizational? capability? enhancement? and? the?
     dissemination?of?industry?technologies,?thereby?contributing?to?the?development?of?a?learning?organization?and?a?talent?hub?within?the?                      439       persons                                                           17.3%
     industry.
     Occupational?Health?and?Safety                                                                                                                              2025?Indicator
                                                                                                                                                                Investment?in?Safety?Production
                                                                                                                                                                                                                  Permit?Holding?Rate?for?Personnel                  Investment?in?Work?Related
     Jafron? regards? occupational? health? and? safety? as? a? core? foundation? of? its? business? development? and? adheres? to? the? principles? of?                                                          Engaged?in?Special?Operations                      Injury?Insurance
     "Safety? First,? Prevention? Utmost? and? Holistic? Control".? We? strictly? implement? work? safety? management? standards,? ensure? rigorous?
     supervision?and?risk?control?across?all?production?processes,?and?provide?comprehensive?occupational?health?and?safety?training?to?                       RMB                      Million                                                                      RMB                     Million
     foster?a?safe?and?healthy?working?environment.?During?the?reporting?period,?Jafron?was?recognized?as?an?Excellent?Organization?in?the?
     national? "Ankang? Cup"? Competition? and? received? the? Excellence? Award? in? the? Zhuhai? Work?Related? Injury? Prevention? Skills?
                                                                                                                                                               Coverage?Rate?of?Work?Related              Number?of?Work?Safety            Number?of?Work?Related            Number?of?New?Occupational
     Competition.
                                                                                                                                                               Injury?Insurance                           Accidents                        Deaths                            Diseases
                                                                                                                                                           Work?Safety?Risk?Management
                                                                                                                                                           Risk?Management?Mechanism
                                                                                                                                                           Jafron?has?formulated?the?Jafron?Dual?Prevention?Mechanism?Implementation?Plan?and?conducts?regular?identi?cation,?assessment?
                                                                                                                                                           and?monitoring?of?hazard?sources.?We?focus?on?key?risk?points?and?high?risk?hazards?that?are?prone?to?incidents,?strengthening?real?
                                                                                                                                                           time? monitoring? and? dynamic? risk? management.? Through? timely? veri?cation? of? monitoring? data,? tracking? of? corrective? actions? and?
                                                                                                                                                           implementation? of? risk? mitigation? measures,? we've? achieved? full?process? management? of? safety? risks.? This? further? strengthens? the?
                                                                                                                                                           foundation?of?production?safety?and?provides?a?robust?safeguard?for?the?stable?operation?of?the?Company.
                                   Excellence?Award?in?Zhuhai?Work?Related?Injury?Prevention?Skills?Competition
                                                                                                                                                                                                                Work?Safety?Risk?Management?Process
     Work?Safety?Management?System                                                                                                                                                                We? conduct? in?depth? job?level? risk? identi?cation? based? on? Job? Hazard? Analysis? (JHA)?
                                                                                                                                                                                                  forms,?Safety?Checklist?Analysis?(SCL)?forms?and?risk?assessment?methods?(L–S?method).?
                                                                                                                                                                   Risk?Identi?cation
     Jafron?strictly?complies?with?the?Work?Safety?Law?of?the?People's?Republic?of?China?and?the?Law?of?the?People's?Republic?of?China?on?                                                        According? to? the? identi?ed? risk? register? and? classi?cation? results,? hazard? inspection?
                                                                                                                                                                                                  checklists?are?developed?across?all?management?levels.
     Prevention?and?Control?of?Occupational?Diseases,?among?other?applicable?laws?and?regulations.?We've?established?dedicated?policies?
     such? as? the? Safety? Structure? Management? System? for? the? Hemoperfusion? Cartridge? Plant? and? the? Group? Occupational? Health?
     Management?System.?A?Work?Safety?Committee?has?been?established?with?the?participation?of?heads?of?all?departments,?under?which?
                                                                                                                                                                                                  Work?units?are?divided?into?assessment?units?for?risk?evaluation.?Risks?are?identi?ed?and?
     the? EHS? Department? is? responsible? for? routine? safety? performance? assessments,? hazard? identi?cation? and? recti?cation,? and?
                                                                                                                                                                   Risk?Classi?cation             assessed? to? determine? their? risk? levels? and? corresponding? control? hierarchies.? Risks? are?
     occupational?risk?management.
                                                                                                                                                                                                  categorized?into?critical,?major?risks,?moderate?and?low?risks.
     To? ensure? the? achievement? of? safety? objectives? and? strengthen? accountability,? we? required? all? employees? to? sign? Work? Safety?
     Responsibility?Agreements?during?the?reporting?period,?clearly?de?ning?safety?responsibilities?and?key?annual?tasks.?A?corresponding?
                                                                                                                                                                                                  The? Company? implements? graded,? hierarchical,? categorized? and? specialized? risk? control?
     safety?performance?evaluation?mechanism?is?in?place?to?regularly?assess?duty?performance?and?target?completion.
                                                                                                                                                                                                  measures.? We? clearly? de?ne? control? scope? and? responsibilities? across? the? organization,?
                                                                                                                                                                      Risk?control
                                                                                                                                                                                                  workshop? and? team? levels? corresponding? to? each? risk? category,? and? establish? targeted?
                                  Occupational?Health?and?Work?Safety?Targets                                            Achievements?in?2025                                                     safety?control?measures.
                                     Major?(or?above)?Work?Safety?Incidents??0                                                     Achieved
                                                                                                                                                                                                  Regional? safety? risk? warning? notices? are? publicly? displayed,? key? post? risk? noti?cation?
                                                                                                                                                                  Noti?cation?of?Risks            boards?are?installed,?and?a?"red–orange–yellow–blue"?four?color?risk?zoning?map?is?used?
                                   Occupational?Disease/Poisoning?Incidents??0                                                     Achieved                                                       to?visualize?spatial?risk?distribution?across?the?plant?area.
     Emergency?Management                                                                                                                                Identi?cation?of?Potential?Hazards
     Jafron?has?developed?the?Work?Safety?Emergency?Response?Plan?and?established?a?comprehensive?emergency?management?system?                           Jafron?has?established?a?comprehensive?safety?hazard?identi?cation?system?based?on?the?principles?of?"all?staff?participation,?end?to?
     with? continuous? optimization? of? response? mechanisms.? A? dedicated? emergency? organizational? structure? has? been? established,?             end? process? control? and? full?area? coverage".? A? multi?dimensional? inspection? mechanism? has? been? implemented,? combining? daily,?
     comprising? an? Emergency? Command? Center? led? by? a? Commander?in?Chief? responsible? for? overall? coordination? and? a? Deputy?                quarterly,?holiday,?annual?and?targeted?special?inspections.?Dedicated?professionals?are?assigned?to?conduct? routine?comprehensive?
     Commander? responsible? for? operational? coordination.? Five? specialized? response? teams? have? been? formed,? including? the? Emergency?        safety? inspections? and? hazard? identi?cation? and? remediation? of? production? equipment? and? occupational? health? hazard? control?
     Rescue? Team,? Communication? and? Liaison? Group,? Security? and? Evacuation? Team,? Medical? Aid? Group? and? Logistics? Support? Team.?          facilities,?ensuring?early?detection?and?timely?remediation?of?risks.?A?structured?tracking?ledger?is?maintained?to?monitor?recti?cation?
     These?teams?operate?with?clear?role?de?nitions?and?coordinated?response?mechanisms.?We?also?conduct?regular?emergency?drills?to?                    progress.?The?Company?continuously?enhances?on?site?safety?protection?measures,?optimizes?operational?procedures,?and?eliminates?
     ensure? employees? are? familiar? with? emergency? procedures? and? to? continuously? enhance? their? capability? to? respond? effectively? to?     potential?safety?hazards.
     unexpected?incidents.
                                                                                                                                                         During?the?reporting?period,?the?Company?conducted?comprehensive?departmental?inspections,?targeted?safety?inspections?and?job?
                                                   Organizational?Structure?for?Emergency?Response                                                       level?self?inspections,?identifying?and?rectifying?a?total?of? 1,079?issues,?all?of?which?were?addressed?in?a?timely?manner,?achieving?a?
                                                                    Emergency?Rescue
                                                                     Command???Chief                                                                                                                                                                                                 Case?Study
                                                                       Commander
                                                                                                                                                            On?April?3,?2025,?expired?safety?helmets?were?identi?ed?in?a?construction?area?and?were?promptly?replaced?as?part?of?corrective?
                                                                 Deputy?Chief?Commander                                                                     actions.
                Emergency?Rescue            Communication              Security?and                                       Logistics?Support
                                                                                               Medical?Aid?Team
                     Group                 and?Liaison?Team          Evacuation?Team                                            Team
            High?Rise?Fire?Emergency?Drill?at?Qianfan?Apartment                                                                            Case
         On? December? 25,? 2025,? to? draw? lessons? from? high?rise? building? ?re? incidents,? strengthen? ?re? safety? awareness? across? the?
         workforce?and?enhance?practical?emergency?response?capabilities?while?improving?the??re?emergency?preparedness?system,?                                          Before?Recti?cation                                                 After?Recti?cation
         Jafron's?EHS?Department,?in?collaboration?with?the?Logistics?Support?Department,?conducted?a?high?rise??re?emergency?drill?at?
         Qianfan? Apartment.? For? the? ?rst? time,? the? drill? adopted? a? "no? prior? notice"? approach,? simulating? a? realistic? nighttime? ?re?
         scenario.
                                                                                                                                                         Safety?Management?Practice
                                                                                                                                                         Safety?Management?for?Related?Parties
                                                                                                                                                         Jafron? has? established? a? set? of? management? systems,? including? the? Outsourced? Engineering? Management? Policy,? the? Project?
                                                                                                                                                         Management?Policy?and?the?Construction?Safety?Management?Regulations,?to?strengthen?the?safety?management?of?contractors?and?
                                                                                                                                                         other? third? parties? accessing? the? Company? premises.? These? systems? ensure? that? all? third? parties? operating? within? the? Company?
                                                                                                                                                         premises?comply?with?established?safety?standards?and?procedures.?Dedicated?safety?supervision?teams?are?established,?and?regular?
                                                                                                                                                         safety? training? and? assessments? are? conducted.? The? Company? comprehensively? manages? safety? risks? associated? with? outsourced?
                                                                                                                                                         services?and?construction?activities,?ensuring?safety?throughout?the?entire?project?lifecycle.
      Training?and?Culture?Construction                                                                                                                           EHS?Awareness?and?Communication?Campaigns                                                                                  Case
      Jafron? places? strong? emphasis? on? continuously? strengthening? employees'? safety? awareness? and? has? established? a? comprehensive?
      occupational?health?and?safety?training?system?covering?all?employees.?A?wide?range?of?safety?awareness?initiatives?is?actively?carried?
      out? to? ensure? employees? are? equipped? with? essential? safety? knowledge? and? skills? and? meet? certi?cation? requirements? for? their?
      respective? roles.? During? the? reporting? period,? the? Company? organized? a? series? of? activities,? including? a? safety? hazard? reporting?
      incentive? program,? a? company?wide? EHS? knowledge? competition,? and? a? ?re? safety? skills? competition.? In? addition,? safety? culture?
      communication? was? further? strengthened? through? quarterly? incident? alert? bulletins? and? the? "EHS? Micro? Classroom"? section? on? the?
      of?cial?WeChat?platform,?fostering?a?strong?safety?culture?across?the?organization.
                                                                                                             Number?of?Participants?in?Safety
           Total?Investment?in?Safety?Training          Number?of?Safety?Training?Sessions
                                                                                                             Training?(Person?time)
           RMB    68?    Thousand                       775?      Sessions                                   33,178?          Person?times
           Total?Training?Duration                      Average?Duration?of?Safety?Training                  Coverage?Rate?of?Safety?Training
                                                                                                                                                           Occupational?Health?Protection
                                                                                                                                                           To?further?implement?the?Law?of?the?People's?Republic?of?China?on?the?Prevention?and?Control?of?Occupational?Diseases,?Jafron?has?
             Fire?Safety?Skills?Competition                                                                                                                adopted? a? range? of? occupational? health? protection? measures? and? fully? implemented? occupational? disease? prevention? and? control?
                                                                                                                                          Case
                                                                                                                                                           requirements,?thereby?safeguarding?employees'?health?and?lawful?rights?and?interests.
          On? the? afternoon? of? September? 12,? 2025,? Jafron's? EHS? Department? organized? a? ?re? safety? skills? competition? in? the? northern?
          area?of?Jianfan?Industrial?Park,?continuously?enhancing?employees'?emergency?response?capabilities?and?teamwork?skills.                          Detection?of?Occupational?Hazard?Factors
                                                                                                                                                           Jafron?maintains?stringent?end?to?end?management?of?occupational?
                                                                                                                                                           hazard? factor? monitoring.? Where? monitoring? reports? identify?
                                                                                                                                                           workplace? noncompliance,? the? Safety? Management? Department?
                                                                                                                                                           organizes? the? relevant? responsible? departments? to? develop? and?
                                                                                                                                                           implement? corrective? actions.? For? roles? with? severe? noncompliance,?
                                                                                                                                                           production? is? suspended? immediately,? and? operations? may? only?
                                                                                                                                                           resume? once? remediation? has? been? completed? and? compliance? has?
                                                                                                                                                           been? veri?ed.? In? addition,? the? Company? engages? quali?ed?
                                                                                                                                                           occupational?health?technical?service?providers?on?an?annual?basis?to?
                                                                                                                                                           conduct? occupational? hazard? factor? testing,? and? completes? at? least?
                                                                                                                                                           one?comprehensive?occupational?disease?hazard?status?assessment?
                                                                                                                                                           every? three? years.? Through? institutionalized? and? routine? monitoring?
                                                                                                                                                           measures,? the? Company? continuously? strengthens? occupational?
                                                                                                                                                           health? risk? prevention? and? control? and? effectively? safeguards?
                                                                                                                                                           employees'?occupational?health?rights?and?interests.
                                                                                                                                                           During? the? Reporting? Period,? the? Company’s? occupational? disease?
                                                                                                                                                           hazard? factor? detection? rate? was?    100%,? and? the? monitoring?
                                                                                                                                                           compliance?rate?for?occupational?disease?hazard?factors?was?100%.               Occupational?Hazard?Factor?Detection?Report
      Occupational?Hazard?Protection?Measures                                                                                                        Social?Contribution
      Jafron? has? established? the? Personal? Protective? Equipment? Management? Policy? and? the? Static? Electricity? Protection? Safety?
      Management? Policy,? and? provides? employees? with? adequate? personal? protective? equipment? (PPE)? that? meets? national? standards,?      Guided? by? its? public? welfare? philosophy? of? "caring? for? life? and? prioritizing? health",? Jafron? adheres? to? the? principle? of? "technology? for?
      including? protective? footwear,? gloves,? and? masks.? A? standardized? storage,? distribution,? and? management? mechanism? has? been?       good"?and?leverages?its?strengths?as?a?medical?technology?enterprise?to?ful?ll?social?responsibility?through?public?welfare?initiatives,?
      implemented? to? ensure? PPE? compliance? and? usability.? Risk? communication? is? reinforced? through? on?site? postings? and? warning?      contributing?to?human?health?and?broader?social?development.
      signage.? Through? integrated? measures? covering? individual? protection,? PPE? management,? and? risk? noti?cation,? the? Company? has?
      established?a?comprehensive?occupational?hazard?protection?system,?effectively?reducing?occupational?health?risks?in?the?workplace?
      and?safeguarding?employee?health?and?safety.
                                                                                                                                                     Continuing?Guangcai?Program
                                                                                                                                                     As? a? high?tech? medical? enterprise? specializing? in? blood? puri?cation,? Jafron? actively?
                                                                                                                                                     responds?to?national?strategic?priorities?while?pursuing?its?own?development.?We?fully?
                                                                                                                                                     leverage?the?important?role?of?the?Guangcai?Program?in?demonstrating?the?strengths?
                                                                                                                                                     of? socialism? with? Chinese? characteristics,? promoting? coordinated? urban? and? rural?
                                                                                                                                                     development,? and? advancing? the? healthy? business? development? and? healthy?
                                                                                                                                                     entrepreneur? growth.? By? improving? public? well?being? and? contributing? to? national?
                                                                                                                                                     strength? and? rejuvenation,? we? continue? to? write? a? new? chapter? for? the? Guangcai?
                                                                                                                                                     Program?and?contribute?to?Chinese?modernization.
                                                                                                                                                     In? October? 2025,? at? the? 2025? World? Guangdong? Entrepreneurs? Convention,? Jafron?
                                                                                                                                                     received?the?"Guangdong?Guangcai?Program?Contribution?Award"?in?recognition?of?its?
                                                                                                                                                     long?term?commitment?to?the?Guangcai?Program?and?its?outstanding?contributions?to?
                                                                                                                                                     the?development?of?primary?healthcare?institutions.
                                                                                                                                                             Jafron?Chairman?and?President?Dong?Fan?Re?elected?as?Executive?Director?of?China?Society?for?Promotion
                                                                                                                                                             of?the?Guangcai?Program                                                                                                              Case
                                                                                                                                                          On?November?26,?2025,?the?Seventh?National?Members'?Congress?of?the?China?Society?for?Promotion?
                                                                                                                                                          of?the?Guangcai?Program?was?held?in?Beijing.?Wang?Huning,?Member?of?the?Standing?Committee?of?
                                                                                                                                                          the? Political? Bureau? of? the? CPC? Central? Committee? and? Chairman? of? the? National? Committee? of? the?
                                                                                                                                                          Chinese?People's?Political?Consultative?Conference,?met?with?all?delegates?attending?the?conference.?
                             PPE                                                    Hazard?Noti?cation?Cards                                              During? the? meeting,? the? leadership? of? the? Seventh? Council? was? elected,? and? Dong? Fan? was?
                                                                                                                                                          successfully?re?elected?as?an?Executive?Director.
      Occupational?Health?Checkups
      Jafron? places? strong? emphasis? on? occupational? health? management? and? has? established? the? Employee? Health? Management? Policy,?             Guangcai?Program?in?Yangchun?–?Jafron?Awarded?"Outstanding?Private?Enterprise?Contributor”                                           Case
      implementing? full? lifecycle? occupational? health? management? requirements.? Occupational? health? examinations? are? conducted? for?
      employees? prior? to? employment? (including? job? transfers),? during? employment? and? upon? departure.? For? employees? newly? hired? or?        On?December?23,?2025,?Jafron?donated?RMB?3?million?to?Yangjiang?City,?Guangdong?Province,?to?support?the?construction?of?a?
      transferred? into? occupational? hazard?related? positions,? the? Company? promptly? issues? the? Written? Noti?cation? of? Occupational?           rural? revitalization? workshop? in? Qigu? Village,? Tanshui? Town,? Yangchun? City.? In? parallel,? the? Company? implemented? a?
      Hazards.? Employees? with? occupational? contraindications? are? reassigned? in? accordance? with? applicable? regulations.? Occupational?          photovoltaic? rooftop? project? for? a? basketball? court? at? a? cultural? and? sports? plaza.? This? "industry? +? solar? energy? +? culture"?
      health?records?are?established?and?continuously?improved?to?ensure?closed?loop?management?across?the?entire?occupational?health?                    integrated?model?enhances?rural?development?by?combining?industrial?upgrading,?cultural?continuity,?collective?income?growth?
      process,?effectively?safeguarding?employees'?occupational?health?rights?and?interests.?During?the?Reporting?Period,?the?coverage?rate?              and?low?carbon?development?into?a?comprehensive?public?welfare?benchmark?program.
      of?employee?health?checkups?reached?100%,?and?0?new?occupational?disease?cases?occurred?in?the?Company.
      Social?Public?Welfare?Governance                                                                                                                                    Supporting?Yichang's?"Dialysis?Patients?Returning?Home?Project”                                                              Case
      Jafron? actively? aligns? with? national? strategic? priorities,? integrating? its? development? with? key? national? initiatives? such? as? the? Healthy?
                                                                                                                                                                       In?August?2025,?in?response?to?the?"Dialysis?Patients?Returning?Home?Project"?coordinated?by?the?Yichang?Municipal?Health?
      China?Strategy,?Rural?Revitalization?Strategy,?and?Regional?Coordinated?Development?Strategy.?The?Company?continues?to?innovate?its?
                                                                                                                                                                       Commission,?Jafron?collaborated?with?multiple?stakeholders?to?meet?the?donation?needs?of?35?township?health?center?dialysis?
      social? responsibility? practices,? building? a? framework? centered? on? "technology? empowerment? +? targeted? support? +? ecosystem? co?
                                                                                                                                                                       units? across? nine? counties? in? Yichang.? The? Company? urgently? allocated? and? donated? hemodialysis? powder? and? concentrate?
      creation",? and? has? established? a? structured? and? sustainable? CSR? governance? system? with? multi?dimensional? implementation?
      pathways.                                                                                                                                                        products?with?a?market?value?of?over?RMB?990,000.?The??rst?batch?of?donated?materials?has?been?successfully?delivered?and?is?
                                                                                                                                                                       being?progressively?put?into?use,?supporting?grassroots?dialysis?centers?through?a?critical?development?phase.
      A? dedicated? CSR? department? has? been? established? to? coordinate? the? full? lifecycle? management? of? public? welfare? initiatives,?
      systematically?manage?CSR?data,?and?support?integrated?brand?communication.?In?2025,?the?team?implemented?more?than? 10?major?
      public?welfare?donation?programs,?demonstrating?the?Company's?commitment?to?social?responsibility?through?concrete?actions.
      During?the?Reporting?Period,?the?Company?invested?a?total?of?RMB?44.5931?million?in?public?welfare.
      Medical?Support?to?Safeguard?Health
      Guided?by?professional?expertise?and?a?commitment?to?social?well?being,?Jafron?gives?back?to?society?through?tangible?action.?As?a?
      domestic?enterprise?specializing?in?blood?puri?cation,?the?Company?aligns?closely?with?the?"Healthy?China"?strategy,?which?emphasizes?
      strengthening? primary? healthcare? service? capacity? and? safeguarding? the? foundational? level? of? public? health.? Leveraging? its? core?
      technological? capabilities,? the? Company? embeds? technology? accessibility? throughout? the? entire? process? of? grassroots? medical?
      assistance.
      In?patient?access?and?healthcare?system?coordination,?the?Company?promotes?advanced?medical?devices?and?solutions?in?regions?with?
      unmet?healthcare?needs,?thereby?enhancing?primary?level?public?health?capacity.?It?also?supplies?disposable?hemoperfusion?cartridges?
      to? grassroots? medical? institutions? at? inclusive? pricing,? accelerating? deployment? in? county?level? hospitals,? reducing? the? cost? of?
      healthcare?access,?and?improving?equity?and?accessibility?of?medical?resources.
                                                                                                                                                                          Precision?Manufacturing?Inclusive?Healthcare?Initiative                                                                      Case
              Supporting?Healthcare?Development?in?Bijie                                                                                        Case
                                                                                                                                                                       In? alignment? with? national? medical? insurance? reform? priorities? of? cost? containment? and? quality? improvement,? Jafron?
                                                                                                                                                                       proactively? adjusted? the? pricing? of? disposal? hemoperfusion? cartridges.? Through? the? "Precision? Manufacturing? Inclusive?
           On?June?20,?2025,?at?the?industry?focused?coordinated?support?meeting?of?the?United?Front?Work?system?held?in?Zhijin?County,?
                                                                                                                                                                       Healthcare?Initiative",?the?Company?reduced?the?price?of?domestically?produced?medical?devices,?promoted?the?DX?10?blood?
           Bijie?City,?Jafron?donated?medical?supplies?with?a?total?value?of?approximately?RMB?1?million?to?Zhijin,?Dafang?and?Hezhang?
                                                                                                                                                                       puri?cation? machine? at? inclusive? pricing? to? primary? healthcare? markets,? and? provided? an? integrated? "equipment? +?
           counties.?The?donation?was?closely?aligned?with?the?needs?of?primary?healthcare?institutions?and?supported?the?advancement?
                                                                                                                                                                       consumables? +? training? +? service"? end?to?end? solution.? This? is? supported? by? more? than? 500? technical? training? sessions?
           of?local?healthcare?services.
                                                                                                                                                                       annually? and? an? after?sales? service? system? backed? by?a?professional? team? of? over? 1,000? personnel,? accelerating? equipment?
                                                                                                                                                                       deployment?in?county?level?hospitals?and?enhancing?critical?care?capacity?at?the?primary?level.?To?date,?these?initiatives?have?
                                                                                                                                                                       reached? multiple? grassroots? medical? institutions? nationwide,? effectively? addressing? the? "last? mile"? challenge? in? healthcare?
                                                                                                                                                                       equity?and?demonstrating?the?responsibility?of?a?domestic?medical?device?enterprise.
                                                                                                                                                                   In? academic? and? standard?setting? engagement,? Jafron? continues? to? disseminate? professional? knowledge? through? publications? and?
                                                                                                                                                                   standards? development.? By? leveraging? technological? innovation? to? support? inclusive? healthcare? practices,? we? contribute? to? the?
                                                                                                                                                                   standardization? of? blood? puri?cation? diagnosis? and? treatment? at? the? primary? level.? To? date,? Jafron? products? and? technologies? have?
                                                                                                                                                                   been?cited?in?over?1,000?academic?papers,?including?more?than?300?English?language?publications,?helping?to?improve?the?quality?of?
                                                                                                                                                                   grassroots?healthcare?services.
                                                                                                                                                                   Meanwhile,?the?Company?addresses?the?needs?of?speci?c?vulnerable?populations?through?targeted?support?initiatives.?The?Company?
                                                                                                                                                                   participated? in? the? "Her? Health"? Care? Program? for? underprivileged? women? in? Zhuhai,? Guangdong? Province,? providing? insurance?
                                                                                                                                                                   coverage? for? seven? major? female? cancers? ("Seven? Cancers"? insurance),? precisely? ?lling? gaps? in? health? protection? for? disadvantaged?
                                                                                                                                                                   groups?and?aligning?with?the?national?policy?direction?of?strengthening?basic?social?welfare?safeguards.?In?2023,?the?Company?donated?
                                                                                                                                                                   RMB? 2? million? to? support? the? "Caring? for? Dialysis? Patients"? program? for? the? prevention? and? care? of? dialysis?related? complications?
                                                                                                                                                                   among? uremia? patients,? helping? low?income? uremia? patients? alleviate? ?nancial? burdens.? The? program? has? been? implemented?
                                                                                                                                                                   continuously?for?3?years,?and?as?of?2025,?a?total?of?3,485?service?instances?have?been?provided.
      Contribute?to?Rural?Revitalization                                                                                                                      Appendix
      Jafron?closely?aligns?with?the?strategic?priorities?of?the?Central?Committee?of?the?Communist?Party?of?China?and?the?State?Council?to?
      comprehensively? advance? rural? revitalization.? Leveraging? its? core? capabilities,? the? Company? deepens? its? medical? assistance? efforts?
      and?actively?explores?long?term?mechanisms?to?support?rural?revitalization.?Focusing?on?key?development?challenges?in?county?level?                     Indexes
      regions,? the? Company? is? shifting? its? support? model? from? one?off? donations? to? "capacity?building"? empowerment,? promoting?
      coordinated?improvements?in?rural?industry,?livelihoods,?and?culture.                                                                                   Shenzhen? Stock? Exchange? Self?Regulatory? Guidelines? No.? 17? for? Companies? Listed? on? Shenzhen? Stock? Exchange—Sustainability?
      In? 2025,? the? Company? advanced? rural? revitalization? initiatives? across? multiple? dimensions,? including? industrial? support,? cultural?        Report?(For?Trial?Implementation)
      revitalization,?ecological?development?and?healthcare?improvement.?During?the?2025?"6·30"?Rural?Revitalization?Campaign?in?Zhuhai,?
      the? Company? pledged? RMB? 15? million? in? donations,? actively? participating? in? rural? revitalization? efforts? and? fully? supporting? paired?              Disclosure?Requirements                                       Corresponding?Sections?of?This?Report
      assistance? and? cooperation? regions? in? consolidating? and? expanding? poverty? alleviation? outcomes,? injecting? strong? momentum? into?
                                                                                                                                                                                                                  Advancing?Green?Transformation?to?Enable?Sustainable?Healthcare??
      comprehensive?rural?revitalization.                                                                                                                       Response?to?Climate?Change                        Response?to?Climate?Change
                                                                                                                                                                                                                  Advancing?Green?Transformation?to?Enable?Sustainable?Healthcare??
             Charitable?Donation?to?Safeguard?Rural?Health?and?Well?being                                                                                       Pollutant?Emissions                               Environmental?Compliance?Management
                                                                                                                                            Case
                                                                                                                                                                                                                  Advancing?Green?Transformation?to?Enable?Sustainable?Healthcare??
                                                                                                                                                                Waste?Disposal                                    Environmental?Compliance?Management
          On?October?17,?2025,?through?the?Jafron?Medical?Foundation,?Jafron?donated?RMB?100,000?for?the?renovation?of?the?Meizhou?
                                                                                                                                                                                                                  Advancing?Green?Transformation?to?Enable?Sustainable?Healthcare??
          Village?clinic?in?Xiaoxishi?Township,?Shaoyang?County,?Hunan?Province.?At?the?same?time,?the?Company?donated?foam?based?                              Ecosystem?and?Biodiversity?Protection
                                                                                                                                                                                                                  Ecosystem?and?Biodiversity?Protection
          hand? sanitizer? and? other? supplies? tailored? to? primary? healthcare? settings,? strengthening? infection? prevention? capacity? at? the?
                                                                                                                                                                                                                  Advancing?Green?Transformation?to?Enable?Sustainable?Healthcare??
                                                                                                                                                                Environmental?Compliance?Management
          clinic,? supporting? rural? primary? healthcare? infrastructure,? and? enabling? residents? to? access? safe? and? high?quality? medical?                                                               Environmental?Compliance?Management
          services?within?their?communities.                                                                                                                                                                      Advancing?Green?Transformation?to?Enable?Sustainable?Healthcare??
                                                                                                                                                                Energy?Utilization
                                                                                                                                                                                                                  Resource?Utilization
                                                                                                                                                                                                                  Advancing?Green?Transformation?to?Enable?Sustainable?Healthcare??
                                                                                                                                                                Water?Resource?Utilization
                                                                                                                                                                                                                  Resource?Utilization
                                                                                                                                                                Circular?Economy                                  Advancing?Green?Transformation?to?Enable?Sustainable?Healthcare??
                                                                                                                                                                                                                  Resource?Utilization
                                                                                                                                                                                                                  Building?a?Harmonious?Workplace?through?People?Oriented?Development??
                                                                                                                                                                Rural?Revitalization
                                                                                                                                                                                                                  Social?Contribution
                                                                                                                                                                                                                  Building?a?Harmonious?Workplace?through?People?Oriented?Development??
                                                                                                                                                                Social?Contribution
                                                                                                                                                                                                                  Social?Contribution
                                                                                                                                                                                                                  Driving?Industry?Transformation?through?Innovation?and?Collaboration??
                                                                                                                                                                Innovation?driven?Development
                                                                                                                                                                                                                  Innovation?driven?Development
                                                                                                                                                                Science?and?Technology?Ethics                     Driving?Industry?Transformation?through?Innovation?and?Collaboration??
                                                                                                                                                                                                                  Innovation?driven?Development
                                                                                                                                                                                                                  Driving?Industry?Transformation?through?Innovation?and?Collaboration??
                                                                                                                                                                Supply?Chain?Security
                                                                                                                                                                                                                  Responsible?Supply?Chain
            Six?Consecutive?Years?of?Support?for?the?"Light?of?Gesang?Flower"?Cataract?Restoration?Public?Welfare?Initiative                Case                                                                  The?Company?has?no?accounts?payable?balances?exceeding?RMB?30?billion?
                                                                                                                                                                                                                  or? accounting? for? over? 50%? of? total? assets,? nor? has? it? publicly? disclosed?
                                                                                                                                                                Equal?Treatment?of?Small?and                      information? regarding? overdue? payments? to? small? and? medium?sized?
          On? May? 8,? 2025,? Jafron? donated? RMB? 500,000? to? the? Zhuhai? Red? Cross? Society.? From? 2020? to? 2025,? the? Company? has?                   Medium?Sized?Enterprises                          enterprises? through? the? National? Enterprise? Credit? Information? Publicity?
                                                                                                                                                                                                                  System.?Therefore,?this?topic?was?not?identi?ed?as?a?material?topic?during?
          continuously?supported?the?"Light?of?Gesang?Flower"?Cataract?Restoration?Public?Welfare?Initiative?in?Tibet?for?six?consecutive?
                                                                                                                                                                                                                  the?Reporting?Period.
          years.? The? program? provides? free? cataract? surgeries? for? Tibetan? patients? suffering? from? eye? diseases? and? helps? local?
          physicians? master? advanced? ophthalmic? treatment? technologies,? contributing? to? the? development? of? a? sustainable,? locally?                                                                   Promoting?Industrial?Upgrading?through?Lean?Innovation?–?Product?Safety
                                                                                                                                                                Safety?and?Quality?of?Products?and?Services       and?Quality
          rooted?medical?workforce.
                                                                                                                                                                                                                  Promoting?Industrial?Upgrading?through?Lean?Innovation?–?Customer?Service
                                                                                                                                                                Data?Security?and?Customer                        Driving?Industry?Transformation?through?Innovation?and?Collaboration??
                                                                                                                                                                Privacy?Protection                                Information?Security?and?Data?Protection
                                                                                                                                                                                                                  Building?a?Harmonious?Workplace?through?People?Oriented?Development??
                                                                                                                                                                                                                  Protection?of?Employees'?Rights?and?Interests
                                                                                                                                                                Employees                                         Building?a?Harmonious?Workplace?through?People?Oriented?Development??
                                                                                                                                                                                                                  Training?and?Development
                                                                                                                                                                                                                  Building?a?Harmonious?Workplace?through?People?Oriented?Development??
                                                                                                                                                                                                                  Occupational?Health?and?Safety
                                                                                                                                                                                                                  Consolidating?the?Foundation?for?Sustainable?Development?through?Steadfast
                                                                                                                                                                Due?Diligence                                     Governance???Compliant?Operation?and?Risk?Management
                                                                                                                                                                Communications?with?Stakeholders                  Sustainable?Development?Governance???Communications?with?Stakeholders
               Disclosure?Requirements                                     Corresponding?Sections?of?This?Report                       Environmental?Performance
        Anti?Commercial?Bribery?and                       Consolidating?the?Foundation?for?Sustainable?Development?through
        Anti?Corruption                                   Steadfast?Governance???Business?Ethics                                                                                                            Response?to?Climate?Change
                                                          Consolidating?the?Foundation?for?Sustainable?Development?through
        Anti?Unfair?Competition                           Steadfast?Governance???Business?Ethics
                                                                                                                                                                      Indicator?Name                                                    Unit                           2024                           2025
       Self?Disclosure?Topics?
                                                          Annual?Thematic?Initiative??"Love?Life,?Love?Life?More"?–?919?Uremia                                    Total?GHG?Emissions1                                                 tCO2e                        19,309.47                      13,974.11
                                                          Awareness?Day
                                                          Driving?Industry?Transformation?through?Innovation?and?Collaboration???
       Access?to?Healthcare                               Innovation?driven?Development
                                                                                                                                                           Direct?GHG?Emissions?(Scope?1)1                                             tCO2e                        8,644.93                        5,595.53
                                                          Building?a?Harmonious?Workplace?through?People?Oriented?Development???
                                                          Social?Contribution
                                                          Building?a?Harmonious?Workplace?through?People?Oriented?Development??                          Indirect?GHG?Emissions?(Scope?2)1                                                                          10,664.54                       8,378.58
        Occupational?Health?and?Safety                    Occupational?Health?and?Safety                                                                                                                                               tCO2e
                                                                                                                                                                         Natural?Gas                                                10,000?m3                        399.823                         258.79
      Key?Performance?Form                                                                                                                                     Total?Purchased?Electricity                                              kWh                        27,564,090                     20,728,790
      Economic?Performance                                                                                                                                 Photovoltaic?Power?Generation2                                               kWh                         1,725,780                      2,082,300
                   Indicator?Name                          Unit                       2024                             2025
                                                                                                                                                             Total?Energy?Consumption3                                                   tce                        8,397.60                       5,908.964
                  Operating?Revenue                 RMB?100?million                    26.77                           20.12
                                                                                                                                      Note?1??Reported?GHG?emissions?include?Scope?1?(direct)?and?Scope?2?(indirect)?emissions,?which?are?calculated?in?accordance?with?the?GHG?Emissions?Accounting?and?Reporting?
        Net?Pro?t?Attributable?to?Owners?of?the     RMB?100?million                    8.20                            5.33           Guidelines?for?Industrial?Enterprises?(Other?Sectors).
                   Parent?Company                                                                                                     Note?2??Total?energy?consumption?includes?natural?gas,?purchased?electricity?and?solar?generated?electricity.?Natural?gas?emissions?are?calculated?based?on?a?conversion?factor?of?
                  Total?Assets                      RMB?100?million                    53.83                           54.09
                  Earnings?per?Share                   Yuan/Share                      1.02                            0.69                                                                         Environmental?Compliance?Management
                  Total?Taxes                       RMB?100?million                    4.70                            4.02
                                                                                                                                                                      Indicator?Name                                                    Unit                           2024                           2025
                                                                                                                                                           Total?Environmental?Investment                                          RMB?10,000                       8,541.02                         228.80
      Governance?Performance
                                  Indicator?Name                                Unit                2024                      2025
                                                                                                                                           Number?of?Major?Administrative?Penalty?Cases?imposed
                                                                                                                                             by?Ecological?and?Environmental?Authorities?due?to                                         Case                             0                               0
                 Training?on?Laws?and?Regulations?(Session)                   Session                 4                          4                        Environmental?Incidents
          Signing?Rate?of?Integrity?and?Other?Related?Business?Ethics
                                  Agreements                                      /                 100%                      100%
                                                                                                                                              Amount?of?Major?Administrative?Penalties?Imposed
                                                                                                                                                by?Ecological?Environment?and?Other?Relevant                                       RMB?10,000                            0                               0
             Anti?corruption?and?Anti?bribery?Incidents?Reported                Case                  0                          0                 Authorities?for?Environmental?Incidents
           Number?of?the?Management?Participating?in?Training?on               Person
           Anti?commercial?Bribery?and?Anti?Corruption                                                66                       42
                                                                                                                                                        Training?on?Environmental?Protection                                          Session                            12                             10
          Total?Duration?of?Training?on?Anti?commercial?Bribery?and             Hour                 528                       115
                    Anti?Corruption?for?the?Management
                                                                                                                                                       Number?of?Participants?in?Training?on
                                                                                                                                                                                                                                  Person?times                          105                             80
              Number?of?Employees?Participating?in?Training?on                 Person                                                                      Environmental?Protection
                Anti?commercial?Bribery?and?Anti?Corruption
          Total?Duration?of?Training?on?Anti?commercial?Bribery?and             Hour                                          2,087             Duration?of?Training?on?Environmental?Protection                                        Hour                            97                              60
                        Anti?Corruption?for?Employees                                               2,336
                                                Pollutant?Emissions                                                                                      Water?Resource?Utilization
                  Indicator?Name                                   Unit    2024       2025                                Indicator?Name                                        Unit                  2024                    2025
                 Waste?Gas?Emission                                Ton    5,333.65   3,467.83                        Total?Water?Consumption                                       Ton              753,795                 538,030
                Nitrogen?oxide?(NOX)                               Ton     7.85       2.42                          Total?Freshwater?Withdrawal                                    Ton              705,038                 483,152
                    Sulfur?Dioxide                                 Ton     0.19       0.24                       Total?Water?Circulation?and?Reuse                                 Ton               48,757                  54,878
          Volatile?Organic?Compounds?(VOC)                         Ton     3.78       2.67
                                                                                                                                                            Material?Utilization
               Particulate?Matter?(PM)                             Ton     0.17       0.10                                Indicator?Name                                        Unit                  2024                    2025
               Wastewater?Discharges                               Ton    141,383    79,779                      Total?Use?of?Packaging?Materials                                  Ton              8,432.32                5,114.62
           Chemical?Oxygen?Demand?(COD)                            Ton     1.829      0.775                         Paper?Packaging?Materials                                      Ton              8,158.35                4,947.75
             Ammonia?Nitrogen?(NH3?N)                              Ton     0.011      0.004                         Plastic?Packaging?Materials                                    Ton               273.97                  166.87
          Total?Phosphorus?(Calculated?at?P)                       Ton     0.004      0.348                  Quantity?of?Packaging?Materials?Recycled                              Ton                    /                  28.84
                                                  Waste?Disposal
                  Indicator?Name                                   Unit    2024       2025        Social?Performance
      Volume?of?Non?hazardous?Waste?Generated                      Ton    661.64     377.47                                                         Innovation?driven?Development
                                                                                                              Indicator?Name                       Unit                2023                        2024                      2025
      Disposal?Volume?of?Non?hazardous?Waste                       Ton    373.08     154.24
                                                                                                                                                   RMB
                                                                                                             Investment?in?R&D                    10,000            24,537.87                   24,009.32                  19,844.53
        Volume?of?Hazardous?Waste?Generated                        Ton    121.82     145.20
                                                                                                      Percentage?of?R&D?Investment?in                                 12.79%                      8.97%
                                                                                                          Main?Business?Revenue                      /                                                                      9.89%
        Disposal?Volume?of?Hazardous?Waste                         Ton    121.82     145.20
                                                                                                    Total?Number?of?R&D?Team?Members            Person                  544                         486                      405
                Total?Recycled?Waste                               Ton    288.56     144.56       Ratio?of?R&D?Personnel?to?Total?Employees          /                22.59%                      17.38%                    17.60%
                                                                      /                                Number?of?Patent?Applications               Item                 50                          53                        50
          Waste?Disposal?Compliance?Rate                                   100%       100%
                                                                                                          Granted?Patents?(Valid)                  Item                 37                          27                        45
             Waste?Oil?(HW08?Category)                             Ton       /        0.72
                                                                                                    Number?of?Granted?Invention?Patents            Item                 22                          17                        20
       Waste?Organic?Solvents?(HW06?Category)                      Ton    106.54     124.98
                                                                                                  Number?of?Granted?Utility?Model?Patents          Item                 15                           8                        17
           Waste?Activated?Carbon?(Hw49)                           Ton     13.02      15.47          Number?of?Granted?Design?Patents              Item                  0                           2                         8
                                                                   Ton                                  Total?Number?of?Trademarks                 Item                 239                         243                       246
         Laboratory?Waste?(HW49?Category)                                  0.67       1.27
                                                                                                Specialized?and?Sophisticated?Enterprise?that
                                                                                                   Produces?Novel?and?Unique?Products             Entity                 2                           2                         1
                                                                   Ton      1.6       0.67
         Waste?Containers?(HW49?Category)
                                                                                                       National?High?tech?Enterprise              Entity                 4                           4                         3
                                                                   Ton
                       Sludge                                             373.08     232.91        National?Enterprise?Technology?Center          Entity                 1                           1                         1
                                                                       Product?Safety?and?Service?Quality                                                                                                                                         Data?Security?and?Customer?Privacy?Protection
                          Indicator?Name                               Unit                    2023                              2024                             2025                                       Indicator?Name                                Unit                    2023                        2024                     2025
                          First?Pass?Yield                                /                    100%                              100%                             100%                      Number?of?Incidents?Involving?Leakage?of                      RMB
                                                                                                                                                                                                    Customer?Information
         Number?of?Internal?Quality?Audits?in?a?year                 Session                      2                                2                                 2                     Veri?ed?Complaints?Involving?Infringement
                                                                                                                                                                                                of?Customer?Privacy?and?Loss?of                           Case                        0                         0                         0
             Number?of?Sampling?Inspections?by                                                                                                                                                          Customer?Data
                Third?Party?Organizations                              Time                       4                                6                                 4
                                                                                                                                                                                                 Total?Number?of?Con?rmed?Leaks,
                   Number?of?Product?Recalls                           Piece                      0                                0                                 0                                                                                    Case                        0                         0                         0
                                                                                                                                                                                                Thefts,?or?Losses?of?Customer?Data
                Including??Number?of?Products
                 Withdrawn?or?Recalled?due?to                          Piece                      0                                0                                 0                        Number?of?Training?Sessions?on?Data
                                                                                                                                                                                              Security/Customer?Privacy?Protection                      Session                       8                         9                         2
                  Health?and?Safety?Concerns
                                                                                                                                                                                               Coverage?Rate?of?Training?on?Data
              Amount?Involved?in?Major?Liability                                                                                                                                                                                                              /                    100%                        100%                     100%
                                                                       RMB                                                                                                                    Security/Customer?Privacy?Protection
             Accidents?Related?to?the?Safety?and                                                  0                                0                                 0
               Quality?of?Products?or?Services
                                                                                                                                                                                            Per?Capita?Training?Hours?for?Training?on
                                                                     Person?                                                                                                               Data?Security/Customer?Privacy?Protection                      Hour                        8                         18                        2
         Number?of?Participants?in?Quality?Training                                               /                              4,953?                           4.197
                                                                      times
                Total?Hours?of?Quality?Training                        Hour                       /                             24,672?                           8,188
                  Sessions?of?Quality?Training                       Session                      /                                20                               18                                                                                               Social?Contribution
             Number?of?Customers?Participating                                                                                                                                                               Indicator?Name                                Unit                    2023                        2024                     2025
                       in?the?Survey                                  Person                     517                              392                              480
                                                                                                                                                                                                                                                          RMB
            Number?of?Valid?Copies?of?Customer                                                                                                                                                       Public?Welfare?Investments1                                                 2,613.96                    3,830.22                 4,459.31
                                                                       Copy                      517                              481                              574                                                                                   10,000
            Satisfaction?Questionnaires?Issued
                    Customer?Satisfaction?/                                                                                                                                              Note?1??The?amount?includes?both?monetary?and?in?kind?donations,?with?in?kind?donations?calculated?at?fair?value.
                                                                          /                   98.99%                            99.04%                          97.14%
                    Total?Satisfaction?Score1
            Customer?Complaint?Resolution?Rate                            /                       /                              100%                             100%
                                                                                                                                                                                                                                                         Employee?Training?and?Development
      Note?1??The?overall?customer?satisfaction?is?calculated?by?averaging?the?following?satisfaction?measures—Adsorbent?category??98.8%,?Equipment?category??97.1%,?Tubing?category??
                                                                                                                                                                                                             Indicator?Name                                Unit
                                                                                                                                                                                                                                                          RMB
                                                                                                                                                                                                 Investment?in?Employee?Training                                                   34.45                      34.23                    35.63
                                                                                                                                                                                             Number?of?Employee?Training?Sessions                       Sessions                   2,026                      3,540                    1,720
                                                                                Supply?Chain?Security
                                                                                                                                                                                           Total?Number?of?Persons?Trained?(Person)1                     Person                    2,643                      3,042                    2,487
                          Indicator?Name                               Unit                    2023                              2024                             2025
                                                                                                                                                                                                 Total?Number?of?Persons?Trained                        Person?
                   Total?Number?of?Suppliers                         Supplier
                                                                                                                                                                                                        Total?Training?Duration                           Hour                  75,933.39                    92,872.26                73,841.10
             Signing?Rate?of?Integrity?Agreement
                        by?Suppliers                                      /                     22%                               19%                              36%
                                                                                                                                                                                             Average?Training?Duration?per?Employee                      Hour/
                                                                                                                                                                                                            per?Year                                     Person
          Number?of?Incidents?with?Major?Risk?and
               Impact?in?the?Supply?Chain                              Case                       0                                0                                 0                         Coverage?Rate?of?Employee?Training
                                                                                                                                                                                                                                                              /                    100%                        100%                     98%
                                                                                                                                                                                                  (Training?Ratio?of?Employee)
                                                                                                                                                                                         Note?1??Total?Number?of?Persons?Trained?includes?former?employees.
                                                             Labor's?Rights?and?Interests                                                                                            Labor's?Rights?and?Interests
                 Indicator?Name                        Unit                 2023              2024    2025                        Indicator?Name                               Unit                    2023                            2024                             2025
      Signing?Rate?of?Employment?Contract                /                  100%              100%    100%
                                                                                                                                         Male                                Person                     191                             761                              181
             Labor?Dispatch?Workers                   Person                  0                0       0
                                                                                                                                                                        Including??Number?of?New?Employees?by?Age
               Part?time?Employees                    Person                  0                0       0
           Total?Number?of?Employees                  Person                2,408             2,797   2,301              Under?30?(exclusive)?Years?Old                      Person                    157                              653                              202
      Number?of?Employees?with?Disabilities           Person                  0                8       6
        Number?of?Employees?of?Minority
                                                      Person                 41               120      85
                 Nationalities
       Percentage?of?Employees?of?Minority                                                                         40?(inclusive)?to?50?(exclusive)?Years?Old                Person                     19                               71                               12
                                                         /                   2%                4%      4%
                  Nationalities
                                                   Including??Number?of?Employees?by?Gender                                   50?years?old?or?above                          Person                      2                                3                                1
                      Female                          Person                990               1,154   972
                                                                                                                                                                      Including??Number?of?New?Employees?by?Region
                       Male                           Person                1,418             1,643   1,329
                                                                                                                                Chinese?Mainland                             Person                    296                             1,245                             295
                                                    Including??Number?of?Employees?by?Age
           Under?30?(exclusive)?Years?Old             Person                 729              886     622         Hong?Kong,?Macao?and?Taiwan?Regions                        Person                      0                                2                                0
                                                                                                                                      Overseas                               Person                      0                                1                                0
                                                                                                                     Proportion?of?Female?Employees?in
                                                                                                                               Management
                                         Including??Number?of?Employees?by?Education?Background
                                                                                                                 Number?of?Employees?on?Maternity?Leave                      Person                    100                               99                               91
             Below?bachelor’s?degree                 Person                 1,063             1,298   958
                                                                                                              Return?Rate?of?Employees?on?Maternity?Leave                        /                    100%                             100%                             100%
                Bachelor's?Degree                    Person                 1,140             1,251   1,086
                 Master's?Degree                     Person                  197              242     250         Number?of?Employees?on?Parental?Leave                      Person                     65                               48                               48
                 Doctoral?Degree                     Person                   8                6       7
                                                                                                                Return?Rate?of?Employees?on?Parental?Leav                        /                    100%                             100%                             100%
                                                   Including??Number?of?Employees?by?Region
                                                                                                                      Coverage?Rate?of?Social?Insurance                          /                    100%                             100%                             100%
                Chinese?Mainland                     Person                 2,406             2,794   2,298
      Hong?Kong,?Macao?and?Taiwan?Regions            Person                   1                2       2             Proportion?of?Employees?Receiving
                                                                                                                      Regular?Performance?and?Career                             /                    100%                             100%                             100%
                     Overseas                        Person                   1                 1       1               Development?Assessments
            Number?of?New?Employees                  Person                  296              1,248   295
                                                                                                                       Number?of?Employees?Resigned                          Person                    880                              858                              792
                                              Including??Number?of?New?Employees?by?Gender
                                                     Person                                                            Number?of?Employees?Resigned1                             /                   26.80%                           23.50%                           25.60%
                      Female                                                 105              487     114
                                                                                                              Note?1??Total?Employee?Turnover?Rate?=?total?Number?of?Employees?Who?Left?during?the?Reporting?Year?/?(Total?Number?of?Employees?Who?Left?during?the?Reporting?Year?+?Total
                                                                                                              Number?of?Employees?on?the?Payroll?at?the?End?of?the?Reporting?Year)
                                                                         Occupational?Health?and?Safety                                        Feedback?Form
                          Indicator?Name                               Unit                    2023                          2024     2025
                                                                                                                                               Dear?Readers,
             Number?of?Work?Safety?Accidents                          Case                        0                            0        0      Thank? you? for? reading? this? report.? We? highly? value? and? look? forward? to? hearing? your? feedback? on? this? report.? Your? opinions? and?
                                                                                                                                               suggestions?are?an?important?driving?force?for?us?to?continuously?improve?our?ESG?information?disclosure?quality?and?deepen?our?ESG?
              Number?of?Work?Related?Deaths                          Person                       0                            0        0      management?and?practices.?We?sincerely?welcome?and?thank?you?for?your?engagement?and?support!
          Total?Number?of?Work?Related?Injuries                      Person                       /                            3        1
                                                                                                                                               □?Very?Good?????□?Good?????□?Average?????□?Below?Average?????□?Poor??
       Working?Day?Lost?due?to?Work?related?Injury Working?Days                                   /                           48       67
           Identi?cation?and?Recti?cation?Rate
                                                                         /                     100%                          100%     100%
                   of?Potential?Hazards                                                                                                        □?Very?Good?????□?Good?????□?Average?????□?Below?Average?????□?Poor?
           Number?of?Security?Emergency?Drills                     Sessions                      91                           69       143
                                                                                                                                               □?Very?Good?????□?Good?????□?Average?????□?Below?Average?????□?Poor??
                 Investment?in?Work?Safety1                      RMB?10,000                       /                          433.65   261.02   4.?How?do?you?think?Jafron?has?performed?in?terms?of?corporate?governance?
                                                                                                                                               □?Very?Good?????□?Good?????□?Average?????□?Below?Average?????□?Poor??
            Total?Investment?in?Safety?Training1                 RMB?10,000                       /                           6.6      6.8
                                                                                                                                               change?
           Number?of?Safety?Training?Sessions                       Session                      64                           110      775
                                                                                                                                               □?Very?Good?????□?Good?????□?Average?????□?Below?Average?????□?Poor?
        Number?of?Participants?in?Safety?Training
                                                  Person?times                                 11,581                        12,779   33,178   6.?How?do?you?think?Jafron?has?performed?in?terms?of?product?management?
                    (Person?time)
                                                                                                                                               □?Very?Good?????□?Good?????□?Average?????□?Below?Average?????□?Poor??
                    Total?Training?Duration                           Hour                     13,042                        13,430   40,142
             Coverage?Rate?of?Safety?Training                            /                        /                          100%     100%     □?Very?Good?????□?Good?????□?Average?????□?Below?Average?????□?Poor??
           Coverage?Rate?of?Training?on?Safety                                                                                                 8.?How?do?you?think?Jafron?has?performed?in?terms?of?the?protection?of?employees’?rights?and?interests?and?the?management?of?
                                                                         /                        /                          100%     100%     occupational?health?
                    Risk?Prevention
             Permit?Holding?Rate?for?Personnel                                                                                                 □?Very?Good?????□?Good?????□?Average?????□?Below?Average?????□?Poor??
              Engaged?in?Special?Operations                              /                     100%                          100%     100%
            Investment?in?Work?Related?Injury
                                                                 RMB?10,000                    62.62                         97.25    135.07
                       Insurance
              Coverage?Rate?of?Work?Related
                    Injury?Insurance                                     /                     100%                          100%     100%
            Coverage?Rate?of?Health?Checkups
                   among?Employees                                       /                     100%                          100%     100%
               Detection?Rate?of?Occupational
                                                                         /                     100%                          100%     100%     You?can?contact?us?at?
                       Hazard?Factors
                                                                                                                                               Website??www.jafron.com
             Quali?cation?Rate?in?Detection?of
              Occupational?Hazard?Factors                                /                     100%                          100%     100%     Tel.??0756?3619693
                                                                                                                                               Email??ir@jafron.com
         Number?of?New?Occupational?Diseases                          Case                        0                            0        0      Address??98?Keji?6th?Road,?Zhuhai?National?High?tech
                                                                                                                                               Industrial?Development?Zone,?Zhuhai?City,?Guangdong,?China
      Note?1??The?investment?in?work?safety?and?total?investment?in?safety?training?throughout?2024?are?estimated?amounts.

微信
扫描二维码
关注
证券之星微信
相关股票:
好投资评级:
好价格评级:
证券之星估值分析提示健帆生物行业内竞争力的护城河良好,盈利能力优秀,营收成长性一般,综合基本面各维度看,估值合理。 更多>>
下载证券之星
郑重声明:以上内容与证券之星立场无关。证券之星发布此内容的目的在于传播更多信息,证券之星对其观点、判断保持中立,不保证该内容(包括但不限于文字、数据及图表)全部或者部分内容的准确性、真实性、完整性、有效性、及时性、原创性等。相关内容不对各位读者构成任何投资建议,据此操作,风险自担。股市有风险,投资需谨慎。如对该内容存在异议,或发现违法及不良信息,请发送邮件至jubao@stockstar.com,我们将安排核实处理。如该文标记为算法生成,算法公示请见 网信算备310104345710301240019号。
网站导航 | 公司简介 | 法律声明 | 诚聘英才 | 征稿启事 | 联系我们 | 广告服务 | 举报专区
欢迎访问证券之星!请点此与我们联系 版权所有: Copyright © 1996-年