Stock Code: 300389.SZ
and Governance (ESG) Report
SHENZHEN ABSEN OPTOELECTRONIC CO.,LTD.
Shenzhen Absen Optoelectronic Co.,Ltd.
District Shenzhen
https://www.absen.com Absen Website
About This Report
Reference Standards
This report is the 2025 Environmental, Social and Governance Report ("this Report") published by Shenzhen Absen This Report has been prepared with reference to the Shenzhen Stock Exchange ("SZSE") Self-Regulatory Guidelines
Optoelectronics Co., Ltd. ("Absen", the "Company", or "we"), which systematically disclosing the Company's man- for Listed Companies on the Shenzhen Stock Exchange No. 17 — Sustainability Reporting (Trial), while also drawing
agement practices, key performance indicators, and future plans in the environmental, social and governance upon the provisions and requirements of the Global Sustainability Standards Board ("GSSB") GRI Sustainability
("ESG") ?eld. Reporting Standards ("GRI Standards").
Timeframe
This Report covers the period from 1 January 2025 to 31 December 2025 (the "Reporting Period"). Certain content Accessibility
has been appropriately traced back to prior periods or extended beyond the Reporting Period to ensure continuity
This Report is available in both printed and electronic formats. The electronic version can be accessed online or
and comparability.
downloaded from Absen's of?cial website at www.absen.cn.
Reporting Scope
The scope of this Report aligns with the business coverage of Shenzhen Absen Optoelectronics Co., Ltd., encom-
passing Shenzhen Absen Optoelectronics Co., Ltd. and its subsidiaries.
CONTENTS
Authentic Brilliance Integrity in Governance Precision in Products Clean Development Talent-driven Development Benevolent Dedication
Pursuit of Excellence Stability in Operations Empowered by Innovation Safeguarding Ecosystems People-oriented Approach Community Wellbeing
Governance Innovation Management and Bene?ts Social Contributions
and Development
Indicators (KPI) Table
Exchange Guidelines Index
Information Security and
Privacy Protection
Chairman’s Statement
The global industrial landscape is evolving rapidly amid transformation and recalibration. Sustainability has Looking ahead to the new year, Absen will leverage its existing six core competencies, with products as the corner-
ceased to be a mere conceptual choice and has evolved into a benchmark for measuring core corporate com- stone and strategy as the guiding force. We will deeply explore future technological transformations, enhance
petitiveness. Guided by the philosophy that "operating a business well is the greatest social responsibility", we have operational ef?ciency and delivery quality, and uphold a long-term perspective. We will systematically balance
advanced our own steady growth while committing to serve the high-quality development of society. For Absen, the core interests of all stakeholders—employees, customers, suppliers, government, shareholders, and communi-
the past year has been one of profound signi?cance. In the face of market volatility and challenges, Absen chose ties—and work with partners across the global value chain to build a community with a shared future. Our vision is
to adopt a contrarian approach —focusing on high-value domains, re?ning our product mix and customer quality, that every Absen screen across the globe will not only embody an ideal visual future but also manifest our unwav-
and honing our uncompromising authenticity with a technology-for-good ethos. ering commitment to sustainable development.
In 2025, Absen successfully completed the renewal of its sixth Board of Directors, advancing the professionalisation
and diversi?cation of the Board. Upholding the strategic resolve to "remain vigilant in times of prosperity and act
in harmony with prevailing trends", we have strengthened risk-control safeguards through institutional rigour. We
have likewise embedded the core values of "integrity, gratitude, and responsibility" throughout our business
conduct and ethics framework. Absen is committed to sustaining corporate resilience through institutionalised
governance, and to fostering trust in our business operations through transparent compliance. We strictly ful?l our
tax obligations to the state, contributing to national ?scal revenue and public sector development, while delivering
long-term, stable returns to our shareholders and safeguarding their lawful rights and interests.
Customer-centricity remains our unwavering commitment. We treat customer needs as the wellspring of innova-
tion, and win client trust through "genuine" quality. We have re?ned our quality management systems, forged
mutually bene?cial partnerships with suppliers, and provided global customers with safe, reliable, and green prod-
ucts together with professional audio-visual solutions. As we accelerate our "global products, local delivery" strate-
gy, Absen honours its commitments to every customer, connecting the world through brand-anchored services.
Since launching the Absen Green initiative in 2021, we have consistently spearheaded the industry's green and
low-carbon transition across six dimensions: design, materials, processes, intelligent manufacturing, health, and
energy ef?ciency. We have introduced a range of low-power, high-ef?ciency LED display products, with certain
Chairman, Absen
models achieving energy-ef?ciency improvements of over 30%. All new products have secured international Ding Yanhui
environmental certi?cations such as RoHS and REACH. We are also progressively expanding the product scope
subject to carbon footprint veri?cation. In energy management, we have comprehensively optimised our energy
mix in production and actively pursued integrated photovoltaic, energy storage and charging, raising the propor-
tion of renewable energy used throughout the year to 11.33%. We closely align our corporate growth with the
long-term wellbeing of surrounding communities, proactively embedding ourselves in community development
processes, and supporting the development of green communities through diverse forms of participation,
engagement, and collaboration.
Our employees are the core asset of the company . We ?rmly believe that the essence of management lies in
unlocking human potential and goodwill. We are dedicated to fostering a diverse, equitable, and inclusive working
environment where every employee can ?ourish in an atmosphere of trust and respect. Through our ?agship
platform, the "Zhen Ai Academy", we have opened clear pathways for talent development, with average training
hours per employee exceeding 20 hours during the year. We have fully implemented our occupational health and
safety management system, achieving zero workplace safety incidents. More importantly, through our Employee
Stock Ownership Plan and the three-tier partnership mechanism, we have transformed a greater number of
employees from "executors" into "co-owners of the enterprise."
Authentic
Brilliance,
Pursuit of
Excellence
Business Footprint
About Us
With a global outlook, Absen has assembled a high-calibre, international team of professionals. Through 20
Company Pro?le overseas and domestic subsidiaries, over 20 domestic representative of?ces, a channel partner network of more
than 6,000 entities, and over 700 international sales professionals operating in more than a dozen languages, we
Established in 2001, Absen (SZSE: 300389) is a global leader in LED display technology and applications. The Group achieve precise, localised market reach across our target global markets, forming a sales network that covers over
currently encompasses its Shenzhen headquarters, the Absen Dongjiang Intelligent Manufacturing Centre, and 20 165 countries and regions.
subsidiaries worldwide spanning the United States, Germany, Japan, Dubai, Saudi Arabia, Russia, Mexico, Brazil, Hong
Kong SAR, China and other key markets.
Absen's core business focuses on advertising displays, stage displays, commercial displays, data visualisation displays,
conference displays, creative displays, and consumer-grade displays. Our products are exported to 165 countries and
Overseas and Domestic Channel International Countries
regions across the Americas, Europe, Oceania, Asia, and Africa, with over 65,000 successful installations to date. Notable
domestic subsidiaries representative of?ces partner network sales professionals and regions
projects include Hollywood, Disney, Universal Studios, the FIFA World Cup, the Olympic Games, the UEFA European
Championship, the NBA, Times Square, New York and major media events. For 16 consecutive years, Absen has ranked
?rst in the industry by export value of single-brand display products.
Corporate Culture
At Absen, we uphold the core values of "integrity, gratitude, and responsibility" — speaking truthfully, acting pragmati-
cally, and embracing genuine character. We observe the "three no" principle: no falsehoods, no counterfeiting, and no
bribery. Embodying the "little bee spirit" of loyalty, diligence, courage, and contribution, we remain united in solidarity and
relentless in our pursuit of excellence, delivering quality products and professional services to our customers. Absen
?rmly believes that quality is the lifeline of the enterprise, and we adhere to rigorous standards in material selection,
every step of the production process, and every detail of service, so as to create maximum value for our customers.
Maintaining integrity and leading the industry, we at Absen are guided by the "True Brilliance" brand strategy. We are Overseas market
committed to establishing Absen as commercial civilization that promotes honesty, high quality, responsibility and
Bene?ting from years of sustained cultivation in
mutual success. overseas markets, the continued advancement of
our international strategic positioning, and the
development of differentiated brand advantages,
Absen Core Value Triangle we have successfully enhanced our competitiveness
Absen Corporate Culture V4.0 Mission
Make the World Shine More in overseas markets. Our international business
demonstrated robust growth momentum,
Vision
Maintain integrity and lead the industry.
Build a commercial civilization that promotes honesty,
high quality, responsibility and mutual success Generating operating revenue of Domestic market
approximately RMB 3.178 billion
Maximize the value
Success is measured by meeting In the domestic market, against a
de?ned targets. Speed and
for our customers
ef?ciency are key factors for success backdrop of subdued overall demand for
Representing a year-on-year increase
LED displays, we achieved operating
of approximately 8.41%
revenue of RMB 981 million
Believe in our team Apply methodology and evaluate
and follow the team things from a value chain perspective
Core Values
Honesty Gratitude Responsibility through strategic initiatives focused on
Work hard and enjoy work
Learning ability is essential
to problem-solving
focusing on premium customer segments,
product mix optimisation, and channel
Enterprise Spirit
strategy adjustments — a year-on-year
Modesty Loyalty Innovation Collaboration Responsibility Proactiveness Perseverance increase of 34.02% that re?ects
successful counter-cyclical growth.
Mission Vision Core Values Values Enterprise
Make the World Shine More Honesty Gratitude Responsibility Spirit
Maintain integrity and lead the industry.
Maximize the value for our customers
Build a commercial civilization that Modesty
Honesty: Have a pure heart, be
In pursuit of excellence, we are promotes honesty, high quality, Believe in our team and follow the team
responsibility and mutual success honest and trustworthy, and stay Loyalty
committed to providing the best
true to our words and ?rm in our Work hard and enjoy work
products and services for our actions Innovation
We run our business with sincerity and Success is measured by meeting
customers worldwide de?ned targets; Speed and ef?ciency Collaboration
integrity, seeking to develop better to lead are key factors for success
Gratitude: Love is the drive of life
the industry and light up the world Responsibility
We are the light of the world. We and gratitude is the source of love. Apply methodology and evaluate
We are determined to build a business We should live with love, become things from a value chain perspective Proactiveness
want to make the world shine
civilization that promotes honesty, high the love and give our love During the reporting period, the Company achieved total operating revenue of approximately RMB 4.158 billion,
more and make people’s life Learning ability is essential to Perseverance
quality, responsibility and mutual success
more colorful
problem-solving representing year-on-year increase of 13.53%.
Responsibility: To act is to ful?ll
We call upon more private enterprises in
responsibility
China to join hands with us in building such
a commercial civilization
During the reporting period, Absen received the following major awards:
Awards and
Recognition
Chinese Management Prize in Memory of Peter Drucker International Renowned Brand
China's 500 Most Valuable Brands 2024 Golden Disclosure Award Manufacturer of the Year
China's Best Managed Companies China Patent Excellence Award Guangdong Provincial Industrial Design Centre
Absen continuously re?nes its ESG governance framework by integrating ESG performance into the annual perfor-
mance appraisal system for relevant departments. We establish quanti?able and trackable key indicators, link
evaluation outcomes to remuneration and incentives, and implement effective accountability mecha-
Governance Responsibility nisms—thereby generating intrinsic momentum for the sustained improvement of ESG management practices.
Operating revenue increased by 13.53% YOY
An incentive fund of RMB 60 million was set aside for the Employee Stock Ownership Plan
Stakeholder Engagement
The restricted stock incentive plan proposes to grant 12 million shares We place great emphasis on constructive dialogue and collaborative governance with all stakeholders. To this end, we
have established a regular communication mechanism, conducting stakeholder exchanges through multiple chan-
nels including periodic meetings, thematic research initiatives, on-site visits, and consultative roundtables. Stakehold-
er expectations are systematically incorporated into strategic decision-making and day-to-day operations.
Product and Service Responsibility Stakeholder Key Concerns / Expectations Response Measures
R&D investment of RMB 184 million, with cumulative R&D investment over the past ?ve years · Re?ning the compensation system
· Wage and bene?t security
· Providing platforms for learning and
reaching RMB 754 million · Occupational health and safety
Employees advancement
Intellectual property incentives totalling RMB 579,200 were distributed · Fair promotion and career development
· Strengthening employee care and
Product safety investment of RMB 8.5626 million, increased up 31% year on year · Work-life balance
wellbeing initiatives
Supply chain fund management and collaboration mechanisms were optimised, providing
· Protection of consumer rights and interests · Continuously improving products and
support to 26 SME suppliers cumulatively
· Effective response to and resolution of services
Customers
complaints · Conducting satisfaction surveys
· Information security and data protection · Enhancing customer privacy protection
Environmental Responsibility
· Ful?lment of contractual obligations in
· Building a responsible supply chain
The proportion of renewable energy reached 11.33%
accordance with law
Suppliers · Standardising supplier management
Carbon footprint veri?cation completed for 90% of indoor and outdoor ?xed-installation · Transparent supplier onboarding standards
protocols
products and all-in-one machines · Promotion of mutual development
· Monitoring policy developments
· Law-abiding and compliant operations · Paying taxes in full compliance with the
Government
· Statutory tax payment in full law
Regulatory
Bodies · Adhering to environmental protection
Employee Responsibility
· Protection of the local environment
regulations
Total investment in employee training of RMB 9,663,500
· Identifying drivers of pro?t growth
Investment in safety production at the Huizhou Manufacturing Base of RMB 1.13 million · Standardised operational risk management
Shareholders · Strengthening risk management and
Zero workplace safety incidents; zero occupational disease incidence · High-quality information disclosure
Investors internal controls
· Achieving investment returns
· Conducting periodic information disclosure
· Organising investor meetings
· Contributing to local development
· Promoting community development
· Enhancing community value
Community · Supporting social welfare and public
Organisations · Carrying out charitable and public
Social Responsibility
bene?t initiatives
welfare activities
The Absen Foundation made charitable donations of RMB 1.1735 million
Public welfare and charitable activities bene?ted 392 individuals in total · Participating in industry summits
· Strengthening industry collaboration
Industry · Leading standard-setting initiatives
· Driving technological innovation
Associations · Promoting supplier energy conserva-
· Building a green supply chain
tion and carbon reduction
Materiality Assessment
Level Category 2025 Topics
During the reporting period, the Company, drawing upon its own operational characteristics and taking into
Business ethics
account information disclosure requirements, capital market ratings, and industry issues of concern to peers, com-
piled a materiality topic inventory. Through interviews and questionnaire surveys with internal and external stake- Economic performance
holders, we prioritised and ranked the topics by materiality.
Law-abiding and compliant operations
Governance
Strengthening internal control management
Sustainability management
Product and service safety and
quality
Stakeholder engagement
Product and service safety and quality
Business ethics
Law-abiding and
Product and technological innovation Product and technological innovation
compliant operations
Safeguarding customer rights and interests
Science and technology ethics Sustainability management Supply chain management
Sustainable product
Supply chain management Information security and privacy Product & Service
development Information security and privacy protection
protection
Highly Material
Intellectual property protection Employee rights and bene?ts
Strengthening internal Occupational health and Topics (21) Safeguarding customer rights and interests
Energy management control management safety
Economic performance Intellectual property protection
Stakeholder engagement Employee training and
Ecosystem and biodiversity
Materiality to Stakeholders
Waste management Environmental compliance development
protection Science and technology ethics
management
Equitable treatment of Circular economy
Sustainable product development
SMEs Water resource Diversity and equal
Pollutant emissions
Social contribution management opportunities
Environmental compliance management
Environment
Climate change response
Waste management
Rural revitalisation Pollutant emissions
Occupational health and safety
Employee training and development
Employees
Employee rights and bene?ts
Diversity and equal opportunities
Energy management
Circular economy
Environment Ecosystem and biodiversity protection
Moderately Material
Climate change response
Materiality to Absen’s Sustainable Development Topics (8)
Water resource management
Social contribution
Community Equitable treatment of SMEs
Rural revitalisation
Absen Materiality Matrix
Integrity in
Governance,
Stability in
Operations
Absen adheres to the corporate governance
objective of "building an internationally leading
enterprise characterised by a sound governance
structure, clearly de?ned development strategies,
robust decision-making mechanisms, optimised
business processes, solid ?nancial foundations,
sound operational management, comprehensive
risk control, and effective incentive and constraint
mechanisms." The Company continuously re?nes
its corporate governance framework, enhances
risk prevention and control mechanisms, strength-
ens end-to-end compliance management, and
upholds the bottom line of business ethics—ensur-
ing sustainable development through disciplined
governance and responsible operations.
Board Diversity
Enhancing Corporate Governance
In nominating and selecting directors, Absen adheres to the principle of appointing on merit. The Nomination Com-
mittee is responsible for assessing candidates' capabilities comprehensively and giving full consideration to the
contribution they can bring to board diversity, thereby promoting more robust and well-rounded decision-making.
Absen strictly complies with the Company Law of the People's Republic of China, the Securities
As of the end of the reporting period, the Board of Directors comprised 9 directors in total, including 3 independent
Law of the People's Republic of China, and other relevant laws, regulations, and regulatory
directors (representing 33%), 1 female director (representing 11%), and 2 employee representative directors (repre-
requirements. During the reporting period, the Company revised and improved its internal gover-
senting 22%)—fully safeguarding employees' rights to participation and oversight in the Company's operational
nance framework, including the Articles of Association, the Independent Director Policy, and the decisions. All incumbent directors possess extensive experience in the LED industry and corporate management,
Internal Audit Policy, thereby raising the standard of corporate governance. with deep professional expertise spanning compliance operations, business management, product sales, produc-
tion and R&D, ?nancial auditing, and other domains, providing solid professional support for the formulation and
implementation of the Company's strategic decisions.
Remuneration Management
Absen has established a governance framework with clearly de?ned roles and responsibilities. Under
the Board of Directors, four specialised committees have been constituted: the Strategy Committee, The Company has formulated remuneration policies including the Director Remuneration Policy and the Senior
the Audit Committee, the Nomination Committee, and the Remuneration and Appraisal Committee. Management Remuneration Policy, and has actively pursued remuneration structure reforms to align the compen-
These committees provide professional opinions on material matters, ensuring the objectivity and sation of directors and senior management with market benchmarks, corporate performance, individual perfor-
scienti?c rigour of the Company's decision-making process. mance, and sustainable development objectives.
To strengthen the long-term incentive mechanism, attract and retain outstanding talent, Absen formulated and
implemented the 2025 Restricted Stock Incentive Programme in accordance with the principle of matching returns
with contributions. Incentive funds of RMB 50 million, RMB 40 million and RMB 60 million were set aside under the
General Meeting of 2022, 2023 and 2025 Employee Stock Ownership Plans respectively, with the Company's partners as bene?ciaries.
Shareholders
Audit Committee The partnership mechanism more closely links the Company's operating performance with remuneration, effec-
tively aligning the interests of shareholders, partners, and employees under a shared objective, thereby stimulating
Remuneration and partners' enthusiasm for innovation and entrepreneurship, and supporting the Company's medium- and
Assessment Committee
long-term strategic development.
Board of Directors Board Of?ce
Strategy Committee Investor Protection
The Company strictly operates in accordance with the Investor Relation Management System, the Articles of Asso-
Nomination Committee ciation, the Shareholders' Meeting Rules of Procedure, and other governance frameworks, effectively safeguarding
Management the legitimate rights and interests of shareholders and the equal rights of minority investors. Through shareholders'
meetings and streamlined voting arrangements for minority shareholders, the Company ensures all shareholders'
right to participate in decisions on material matters.
Absen strictly ful?ls its information disclosure obligations in accordance with regulatory requirements, ensuring
timely, accurate and complete disclosure, thereby safeguarding shareholders' right to know. At the same time, the
Absen Corporate Governance Structure
Company enhances communication and engagement with investors through platforms such as the Shenzhen
Stock Exchange's Interactive Easy platform, the Company's of?cial website, investor hotlines, investor email, on-site
research visits, and results brie?ngs.
During the reporting period, the Company conducted a total of 5 annual results presentation meetings and investor
In 2025, Absen held a total of 6 shareholders' meetings, 11 Board of Directors meetings, 7 Audit
research activities, responded to 19 investor inquiries on the Interactive Easy online platform, and engaged exten-
Committee meetings, 5 Remuneration and Appraisal Committee meetings, 2 Strategy Committee
sively with both institutional and individual investors—actively safeguarding investor interests and delivering
meetings, and 3 Nomination Committee meetings, diligently ful?lling its corporate governance
reasonable returns to investors.
responsibilities and safeguarding the long-term, steady development.
Enhancing Internal Control Management Risk Management
Absen relies on a systematic and professional risk management framework to precisely identify,
scienti?cally assess, and effectively respond to a wide range of internal and external risks and chal-
Absen continues to strengthen its internal control system covering all operational levels and aspects. lenges. The Company has formulated the Comprehensive Risk Management System, the Risk Identi?-
Through precise risk assessment, ef?cient control activities, and comprehensive internal oversight, the Com- cation, Analysis and Response Process, the Business Continuity Management Manual, and the Internal
pany ensures a solid foundation for sound business operations. Reporting System for Major Emergencies, among other policies. These establish the three lines of
defence—business, functional and audit—clarify accountability for risk management across all
domains, apply the probability and impact of risk occurrence as assessment criteria, and task profes-
sional teams with coordinating the implementation of risk response measures, thereby embedding
Compliance Management risk prevention into routine operations in a standardised manner.
Absen has established a comprehensive, professional, and coordinated compliance governance framework.
In 2025, the Company comprehensively identi?ed and systematically assessed risks across key areas
including strategy, market, operations, ?nance, and legal. The Company has integrated risk manage-
ment requirements into organisational performance appraisals, and established a stringent loss
The Board of Directors establishes the direction The Legal Department serves as the central accountability mechanism. For risk events such as information leaks and budget expense ratio devia-
and principles for compliance management, compliance coordination body. Each functional tions, graded deductions are applied based on the amount of loss and the magnitude of deviation,
makes decisions on material matters, and department acts as the compliance focal
with clear assessment criteria for responsible leaders and departments. Similarly, audit issues, major
convenes the Risk Management Leading Group point for its respective domain, independently
product quality incidents, and safety incidents are subject to quanti?ed deductions based on the cost
to oversee compliance affairs, ensuring the undertaking responsibilities including system
of the incident and the outcome of accountability determinations. In 2025, the Company experienced
allocation of compliance resources and the development, review and approval, risk
effectiveness of implementation. control, supervision and inspection, no material risk events, effectively safeguarding operational stability.
training and awareness cam-
paigns, and issue remediation. Absen actively fosters a risk management culture and company-wide risk awareness. In 2025, the
Decision- Management
Making Tier Tier Company reviewed and compiled typical risk cases from the past decade, developed dedicated risk
management training materials and delivered intensive training sessions to all sales personnel,
thereby elevating risk identi?cation and management capabilities throughout the entire business
process.
Execution Supervision
Tier Tier
Each business department, The Audit Department
subsidiary, and project unit serves independently conducts compli-
as the primary responsible entity for ance audits, internal control evalua-
compliance execution, rigorously implement- tions, and special reviews, providing indepen-
ing compliance requirements across all dent supervision and objective assessment of
functions, conducting routine self-audits, the effectiveness of compliance management
proactively reporting risks, and closing the loop across all business lines, with direct reporting to
on issue remediation. the Board of Directors / Audit Committee.
Absen Compliance Governance Structure
In 2025, Absen launched a dedicated compliance column on its internal "Bee Community" platform, issuing monthly
compliance risk alerts to all employees to enhance compliance awareness and risk management capabilities.
Business Ethics Whistleblowing Mechanism
Absen has promulgated the Whistleblowing Management System, which articulates the Company's zero-tolerance
stance on misconduct and establishes a comprehensive mechanism for case intake, investigation, and
closed-loop remediation.
Absen consistently embeds the core values of "integrity, gratitude, and responsibility" into the foundations
of business ethics. The Company has established a systematic anti-fraud mechanism and accessible
Upon receiving or identifying leads concerning commercial bribery, embezzlement, or similar misconduct, the Audit
whistleblowing channels, in its cooperation with suppliers, upholds ethical standards as a foundation for
Department conducts an immediate preliminary veri?cation. For cases meeting the criteria for formal investigation,
building a responsibility-sharing community across the supply chain.
a full inquiry is initiated upon approval, during which evidence is gathered, and an investigation report is prepared.
Based on the ?ndings, the Audit Department works in conjunction with the Human Resources Department to hold
those involved accountable in accordance with applicable laws and regulations. Where management gaps or
Anti-Corruption policy de?ciencies are identi?ed during the investigation, remedial recommendations are proposed, and responsi-
ble departments are required to implement corrective actions. The system also explicitly provides for whistleblower
Absen has issued a series of supervisory and management policies, including the Whistleblowing
protection and incentive mechanisms, ensuring that reporting channels remain accessible, secure, and effective,
Management System, the Con?ict of Interest Management System, the Blacklist Management Mea-
thereby upholding the Company's clean business environment.
sures, the Gift Management Measures, and Absen's Nine Prohibitions, as well as codes of conduct such
as the Integrity Cooperation Agreement, the Integrity Declaration, and the Integrity and Self-Discipline
Commitment. These instruments cover all internal employees and external partners, and are designed Absen Whistleblowing Channels
to foster a clean, transparent, and straightforward business environment.
Phone 13823753868 WeChat 13823753868 (Integrity Absen)
Absen adheres to a "zero-tolerance, full-coverage, no-exceptions" principle in addressing corruption,
Audit Department Director, Absen Co., Ltd.,
and takes ?rm action against corrupt practices.
Email 5198@absen.com Postal Mail Longgang District, Shenzhen, China
In terms of prevention the Company has established a tiered and categorised integrity culture training
mechanism, covering new employee onboarding, ongoing education for existing staff, and integrity
brie?ngs for external partners. At the same time, integrity reminders are disseminated through platforms Whistleblower Protection Mechanism
such as OA and the Bee Community to reinforce risk prevention at key junctures. During the reporting period,
Absen's Whistleblowing Protection Policy explicitly provides for a whistleblower protection mechanism,
ment and employees achieved 100% coverage.
including:
In terms of monitoring internal and external reporting channels are made publicly available and regu- Strict con?dentiality of whistleblowers' personal information—including name, work unit, and home
larly promoted. For high-fraud-risk areas including sales, procurement, R&D, service, quality, warehousing, address—as well as the content of their reports.
and equipment, the Company has developed and applied a "Fraud Risk Map", encouraging business When receiving reports or conducting veri?cation interviews with whistleblowers, all communications
departments to optimise controls through policy and process improvements. shall be carried out with due con?dentiality measures in place, without exposing the whistleblower's
identity. The results of investigations and information concerning the subjects under investigation shall
not be disclosed.
In terms of enforcement the Company adheres to the principle of "investigating every case and holding
every violation to account", handling corruption and fraud in strict accordance with laws and regulations.
Regardless of whether a report is signed or anonymous, once veri?ed to be true, the Company will
This creates a robust deterrent environment and comprehensively reinforces the integrity and compliance
provide appropriate material rewards to the whistleblower.
defences.
In supplier management the Company has incorporated corporate social responsibility clauses and
During the reporting period, the Company received a total of 5 whistleblowing leads concerning commercial
integrity provisions into procurement contracts, and requires suppliers to separately sign the Integrity
bribery, corruption, and fraud. Of these, 4 cases were substantiated, and 7 individuals were disciplined in accor-
Cooperation Agreement. This measure has effectively strengthened anti-corruption risk controls across
dance with applicable regulations and policies. Among them, 2 were referred to judicial authorities and 4 had their
the supply chain and fostered a fair, transparent, and trustworthy working relationship.
employment contracts terminated, demonstrating the Company's unwavering zero-tolerance stance in upholding
the integrity and compliance framework.
Precision in
Products,
Empowered
by Innovation
With a global development footprint, Absen
continues to deepen its intelligent transformation
and upgrading, builds a high-calibre pipeline of
innovative talent, and continuously strengthens its
core technological innovation capabilities to
deliver higher-quality, smarter LED display prod-
ucts and solutions to customers worldwide. The
Company consistently generates innovation
outcomes that deliver both industrial and social
value, leading the sustainable development of the
industry through technological advancement.
Product and Technological Innovation Key Priorities of Absen’s "Technology Leadership Implementation"
Programme
The Company attaches great importance to the development of an innovative R&D management system, Five Core Technological Core Three-Year Technology
continuously consolidates its core advantage of technological leadership, strengthens the development and Innovation Themes Content Development Targets
reserve of R&D talent pools, and deepens industry-university-research cooperation. Meanwhile, the Company
has built an intellectual property protection framework, adheres to the fundamental principles of scienti?c
Develop the ?rst-generation model for
and technological ethics and compliance, and comprehensively ensures that R&D and innovation work Improve product reliabili-
mechanical and thermal simulation,
progresses steadily in a standardised and ef?cient manner. Innovation in ty, reduce development prediction and optimisation; drive the
Mechanical Design and production costs, completion of the ?rst round of theoreti-
and Simulation and provide fundamental cal optimisation veri?cation for key
Optimisation support for lightweight products; and achieve large-scale
rollout of cost reduction and ef?ciency
design
improvement
Technology Leadership Strategy
With "anchoring commercial value through technological leadership" as its core guiding principle, Absen has
established "maintaining technological leadership" as its primary core competitiveness, and continuously iterates Achieve ultimate breakthroughs in
Innovation in Deliver high-performance electronic performance, strengthen the
and upgrades its R&D and innovation strategy. In 2025, the Company conducted a systematic review of the major
Electronic display and ef?cient energy industry-leading technological advan-
market segments targeted by its technology leadership strategy, and continuously strengthened its capabilities in Technology management, and meet the tages of core products, and deliver a
technological R&D and engineering implementation. To drive the precise implementation of the technology and Control demand for intelligent control revolutionary, convenient intelligent
leadership strategy, the Company has formulated differentiated technology targets for different product lines: interaction experience to users through
Systems in complex scenarios
innovative control systems
Professional Audio-
Advertising Display Products Stage Rental Products
Visual (ProAV) Products Innovation in Infuse products with intelli- Develop AI value-added solutions for
AI Algorithm gence, expand value-add- speci?c industries and achieve com-
Centred on the core proposition Focused on delivering system-level With an in-depth focus on deliver-
Research and ed services, and explore mercial rollout, driving growth in
of stability and energy ef?ciency, solutions de?ned by simplicity and ing exceptional user experience
Application new business models service-based businesses
the Company strives to set indus- stability, the Company continuously and image quality, the Com-
try technological benchmarks in enhances the technical integra- pany optimises artistic presen-
the ?elds of energy performance tion capabilitiesof its end-to-end tation and operational conve-
and reliability. solutions. nience through technological
Deepen research on image quality tech-
innovation. nologies in segmented scenarios, meet
Deliver the ultimate visual
Innovation in users’ differentiated demands for image
experience, address core
Image Algorithm quality, establish an image quality stan-
industry pain points, and
Research and dard system covering mainstream
build differentiated prod-
Application high-end application scenarios, and
uct advantages build core competitive advantages for
the Company’s high-end products
Meanwhile, the Company has further de?ned ?ve core technological innovation themes, set three-year technol-
ogy development targets, and strives to streamline the end-to-end pipeline from cutting-edge technology
research to product engineering realisation, ensuring that core technological breakthroughs are effectively Improve the performance
Innovation in Build an advanced Micro LED technology
translated into improved product performance and can deliver tangible value to users. of LED products in terms of
Material and system and products with independent
luminous ef?cacy, colour
Optical Technology intellectual property rights, and achieve
and lifespan, and consoli-
Application major breakthroughs in key areas such
date the mass production
(including as optical performance, reliability,
feasibility of Mini/Micro LED
processes) slimness and ?ame retardancy
technologies
R&D and Innovation Management R&D Team Development
Focusing on optimising process ef?ciency and strengthening institutional support, Absen continues to advance the The Company has established channels for recruiting innovative talent, and is committed to building a high-cali-
development of its product and technological innovation management system, and has formulated and improved bre, high-level scienti?c research and innovation team, providing solid talent support for technological break-
core management documents such as the Product Development Project Management Speci?cation, ensuring that throughs and product iteration and upgrading.
a set proportion of annual operating revenue is allocated to R&D. Meanwhile, the Company has built a full-process
Integrated Product Development system spanning market demand identi?cation to product technology imple-
mentation, forming a closed-loop management mechanism for R&D and innovation. In 2025, the Company carried
out systematic optimisation of the Technology Development process within the Integrated Product Development High-End Talent Introduction Reserve Talent Development
system, clari?ed the R&D orientation anchored in market demand, accelerated the implementation and application
In April 2025, the Company formally signed a postdoctoral In 2025, the Company carried out campus
of technological achievements, and promoted the in-depth adaptation of technology development to business
joint training agreement with the Chinese University of Hong recruitment activities at multiple key
scenarios and its precise alignment with user needs. These efforts have further improved R&D ef?ciency and
Kong, Shenzhen, and established a Shenzhen Postdoctoral universities including Southern University
achievement conversion rates, providing solid support for the continuous advancement of the technology leader-
Innovation Practice Base, committed to cultivating com- of Science and Technology, continuously
ship strategy.
pound high-level talents with both academic depth and advancing the recruitment of outstand-
In 2025, the Company’s R&D investment amounted to RMB 184 million, with cumulative R&D investment reaching engineering practice capabilities. As at the end of the ing fresh graduates, promoting the
RMB 754 million over the past ?ve years.
reporting period, the Company had successfully recruited 3 renewal and iteration of its talent team,
doctoral talents from renowned domestic and international optimising the personnel structure of the
Core Innovation Achievements
universities, focusing on strengthening theoretical research product R&D system, and invigorating
In 2025, focusing on cutting-edge technology directions such as Micro LED display, the Company continued to capabilities in core technological ?elds such as structural the R&D team.
increase R&D investment, made breakthroughs in multiple key technological areas, and promoted the transition of design simulation.
core innovation achievements from laboratory development to mass production application. Meanwhile, the Com-
pany has deepened its application of arti?cial intelligence technology, forming a "dual-engine" development
pattern of internal empowerment and external exploration, promoting the deep integration of AI technology with
the Company’s operations and product scenarios, and achieving dual enhancement of technological value and
Industry-University-Research Cooperation
commercial value.
The Company deepens industry-university-research collaborative innovation, and carries out practical coopera-
Micro LED Segment Arti?cial Intelligence Segment tion with universities including South China University of Technology and Xidian University. It conducts joint research
on key technological directions including structural optimisation, thermal design and lightweighting, actively
Rollout of panel packaging technology: The Compa- Internal intelligent management: The Company has
ny’s independently developed new-generation HTB built the "AI Dr. Ai" intelligent agent platform, which
promotes the transformation of scienti?c research achievements, explores a funding application mechanism for
packaging technology has of?cially entered the mass enables interconnection across 18 information research projects, and continuously improves the university-enterprise collaborative R&D system.
production transition phase. It signi?cantly improves systems, breaks down data silos within internal
the contrast ratio and light extraction ef?ciency of systems, and advances cross-system data collabo-
display panels, further optimising core product perfor- ration and the intelligent upgrading of of?ce In cooperation with South China University of Technology, the project achieves
Ultra-Thin Double-Sid-
mance. work?ows. lightweight product design while ensuring structural strength through simulation
ed Screen Structural
Application of hybrid driving technology: The Compa- External commercialisation exploration: The Company analysis and material selection optimisation, reserving key technologies for the R&D
Optimisation Project
ny’s self-developed PWM+PAM hybrid driving technol- actively promotes the deep integration of AI technolo- of next-generation products.
ogy has been successfully applied to Micro LED panels, gy with LED display scenarios, focusing on developing
enabling precise regulation of brightness and colour two innovative applications: the AI Virtual Dressing
and consolidating the Company’s core technological Solution and the AI Meeting Assistant.
NT Series Product Conducting ?nite element analysis and topology optimisation in collaboration with
advantages. Forward-looking intelligent agent deployment: The
Strength Analysis Xidian University, the project effectively reduces product weight on the premise of
Launch of core products: The Company has success- Company has of?cially commenced planning for the
and Lightweight ensuring quality and performance, and improves convenience in transportation
fully launched the CL V3 series, its ?agship image "Xiao Ai Assistant – LED Screen Intelligent Steward"
Design Project and installation.
quality product line equipped with the new HTB pack- intelligent agent project. Dedicated to upgrading
aging technology and PWM+PAM hybrid driving display screens into intelligent terminals with
technology. This series attains world-leading self-sensing and self-adjustment capabilities, the
standards across all core image quality dimensions, Company continues to explore the market prospects Thermal Analysis and Addressing the thermal dissipation demands of complex outdoor application
including colour gamut coverage, contrast ratio, colour of AI technology empowering hardware products. Design Optimisation scenarios, the Company carries out thermal-?uid coupling simulation analysis with
reproduction accuracy, refresh rate and frame rate. Project for Bare-Mount-
South China University of Technology to optimise the thermal dissipation structure
ed Outdoor LED Displays
in Buildings solution, ensuring stable product operation in high-temperature environments.
Absen Shines at International Exhibitions and Wins Multiple Product Innovation Awards
In February 2025, Absen participated in Integrated Systems Europe 2025 (ISE 2025), showcasing a range of products
In cooperation with South China University of Technology, the project conducts
Large-Screen Thermal systematic thermal simulation and structural optimisation focusing on the thermal
including KLCOB V2, CPS, Smart Screen X, A25, NT V2 and AbsenLive. The Company was awarded the Manufacturer of the
Dissipation Analysis dissipation requirements of large screens for key projects, effectively reducing the
Year grand prize, while the CPS series and AbsenLive SA-C series won the ISE Best Display Product Award. In March of the
and Design Optimisa- operating temperature of core devices, extending equipment service life, and
same year, the Company exhibited at the ISLE 2025 International Smart Display and System Integration Exhibition, show-
tion Project ensuring smooth project delivery.
casing core products such as KLCOB V2, CPS, NT and Smart Screen X. The A25 series won the Golden Display Award, and
its benchmark project for the Paris Olympic Games won the Application Engineering Grand Award.
Industry Exchange In addition, the Company is deeply involved in formulating industry standards and technical
speci?cations, committed to guiding technological directions and improving the industrial eval-
Absen is deeply committed to the development of the industry ecosystem, deepens communication and strategic uation system. It fosters industry-wide synergy with an open, win-win approach, and jointly
cooperation with upstream and downstream partners across the industrial chain, proactively participates in key promotes technological iteration, standard improvement and high-quality transformation and
events such as industrial seminars and industry exchange conferences, and actively shares technological upgrading of the LED display industry. In 2025, the standards led or participated in by the Com-
achievements and practical experience. pany are as follows:
Absen Attends the National LED Industry Seminar
Type of Standard Standard Name Participation Role
In September 2025, Absen participated in the 19th National LED Industry Development and Technology Requirements and Inspection Methods for LED
National Standard Participated in formulation
Seminar. Centred on the theme of "New Technologies Driving the Transformation and Upgrading of the LED Displays in Stadiums and Gymnasiums
Industry", the Company shared its HDR display technology breakthroughs and LED image quality evalua-
tion system. Two papers submitted by the Company – LED Image Quality Evaluation Scheme Based on
Technical Speci?cation for Ultra-High De?nition
Perceptual Consistency and Industrialisation Path of Micro LED for Large-Size Display: Challenges and Industry Standard Participated in formulation
Light Emitting Diode (LED)Display Systems
Innovations – both won the second prize, demonstrating the Company’s strong technological R&D capa-
bilities.
Energy Conservation Evaluation Speci?cation for Led the formulation
Micro LED Displays
Association Standard
Mini LED Indoor Commercial Displays Participated in formulation
Sustainable Products
Absen of?cially launched the "Absen Green" initiative in 2021, fully integrating the concepts of green and low-car-
In October 2025, Absen participated in the 2025 TrendForce Self-Luminous Display Industry Seminar, discussing bon development, energy conservation and environmental protection into the entire production and operation
hot topics of industry development alongside leading display enterprises, experts, scholars and representatives process. Guided by this initiative, the Company continues to advance the R&D and manufacturing of sustainable
from across the industrial chain products, embeds sustainability concepts at early product design stage, proactively selects eco-friendly raw
materials, and promotes the application of energy-ef?cient, safe and reliable advanced technologies, effectively
reducing the lifecycle impact of products on the ecological environment and human health.
Materials
Higher standards
Less pollution
Manufacturing
Processes
More green
energy Higher ef?ciency
Lower carbon Less waste
emissions
With its outstanding operational and management As a " Class A Co-authoring Unit", Absen was
Green Design
capabilities, leading COB display technology, and deeply involved in compiling the 2025 Global Energy
Conservation More attention
benchmark projects such as the world’s largest COB LED Display Research White Paper, actively Higher quality to detail
Lower energy Less environ-
curved screen and the world’s largest single-unit LED contributing technical insights and practical
consumption mental impact
virtual production studio, Absen won four major cases Health
honours at the Expert Aurora Awards More protection
Less hazard
Sustainable Product Design Sustainable Product Use
During the product design and development phase, the Company has established and improved new product Focusing on the application demands of multiple scenarios, the Company continues to develop green products
introduction procedures and manufacturability review speci?cations, ensuring the large-scale application of with high energy ef?ciency and low energy consumption, and systematically promotes product carbon footprint
green, low-carbon, cost-effective and ef?cient design solutions across all product series through these systematic veri?cation, making every link from creation to operation of each display more environmentally friendly. Leveraging
processes. The Company strictly complies with international raw material standards, fully adopts green and multiple core technologies such as black screen energy saving, common cathode energy saving, dynamic energy
non-toxic materials, and promotes modular design, reducing environmental impact while improving product saving and ?ip chip energy saving, the Company achieves an overall energy saving effect of approximately 35%,
maintenance ef?ciency. enabling low-carbon operation of products in all aspects. In 2025, the Company made new breakthroughs in prod-
uct energy-saving technologies. Through multi-dimensional innovations such as optimising the luminous ef?cien-
cy of LED lamps, upgrading driving solutions, and enabling the power-saving mode of driver ICs, the A25 series
Raw Material Management
achieves approximately 50% lower energy consumption than domestic similar products under full-scenario
dynamic energy saving, signi?cantly reducing the environmental impact of products during the use phase.
Strictly complying with international standards such as the EU Restriction of Hazardous Substances Directive
(RoHS), the Company exercises strict control over hazardous substances such as lead, mercury and cadmium
in product raw materials. As at the end of the reporting period, all product series of the Company comply with End-of-Life of Sustainable Products
the latest requirements of the RoHS 2.0 Directive (2011/65/EU).
Adhering to the concept of circular economy, the Company has established a standardised recycling and disposal
The Company has obtained IECQ QC080000 Hazardous Substance Process Management System certi?cation, mechanism for end-of-life products, which proactively guides and provides customers with services such as
ensuring the systematicness and traceability of hazardous substance control. professional recycling, compliant disposal, refurbishment and functional upgrading, thereby promoting the
The Company fully adopts eco-friendly materials such as lead-free solder paste, green polymer packaging resource reuse of components and materials, maximising product service life and utility, and effectively reducing the
materials and halogen-free ?ux, continuously advancing the green upgrading of production processes, proac- generation of e-waste.
tively replacing high-risk hazardous substances, and controlling and reducing the use and discharge of toxic Renew and Upgrade: Circular Renovation Practice for Large LED Displays
and hazardous substances at the source.
In September 2025, the Company provided old display refurbishment and upgrading services for the large LED
display at Shenzhen Tian’an Cloud Park. Addressing issues such as poor display performance and high energy
Modular Design
consumption of the original large display at the end of its lifecycle, the Company implemented overall refurbish-
The Company has established a closed-loop feedback mechanism between the R&D and process sides, feeding ment while retaining the main steel structure. During the project, the Company adopted professional disassembly
quality experience back into product design, and focusing on promoting the modular development of key com- and standardised installation procedures and replaced the modules with energy-saving A1025 series modules.
ponents such as waterproof modules and welded copper pillars, effectively improving the feasibility of product After the renovation, the display achieved signi?cantly improved brightness and resolution, with energy consump-
design and production quality. tion reduced by over 50%, greatly saving the client's operating costs, reducing e-waste generation, and realising
resource recycling. The project delivers multiple bene?ts, including visual upgrade, cost reduction and ef?ciency
Products adopt a structural design with independently detachable cabinets and panels, which greatly improves
improvement, and environmental protection.
on-site maintenance convenience and operation and maintenance ef?ciency, and extends product service life.
Sustainable Product Manufacturing
Absen implements the management philosophy of full-process re?nement and circular economy, integrating
green and low-carbon practices into every aspect of production and operation. In terms of energy management,
the Company promotes systematic energy ef?ciency improvement and clean energy substitution, continuously
reduces unit energy consumption in production processes through intelligent scheduling and production process
optimisation, and actively deploys photovoltaic power generation in manufacturing facilities to improve the energy
mix. In water resource management, the Company focuses on building a closed-loop recycling system to increase
the recycling rate of process water. For production waste, it strictly implements full-chain classi?ed management
and control, ensuring 100% compliant disposal of hazardous waste. In the areas of waste gas treatment and dust
emission reduction, the Company combines source transformation with end-of-pipe treatment to achieve compli-
ant emissions and signi?cantly reduce pollutant release. These initiatives collectively form the core practice direc-
tion of Absen’s sustainable product manufacturing.
Intellectual Property Protection Bonus Incentives
Absen strictly abides by relevant laws and regulations such as the Patent Law of the People’s Republic of China, the
Patent application rewards: After a patent application is submitted and an acceptance notice is received,
Copyright Law of the People’s Republic of China and the Trademark Law of the People’s Republic of China. In accor-
rewards are given to the inventor or designer.
dance with the national standard Code of Intellectual Property Management for Enterprises , the Company contin-
uously optimises its intellectual property (IP) management system, comprehensively advances IP creation, man-
Patent authorisation rewards: After a patent is granted an authorisation certi?cate, rewards are given to the
agement, utilisation and protection, effectively prevents IP risks, fully stimulates the innovation dynamism of R&D
inventor or designer.
personnel, and realises scienti?c management and strategic application of intellectual property.
Patent implementation remuneration: During the term of the patent right, a ?xed-amount implementation
remuneration is given to the inventor or designer.
Intellectual Property Management
Software copyright registration rewards: After software copyright registration is completed, rewards are given
The Company has formulated management documents such as the Intellectual Property Management Measures
to the author.
and the Concept Phase Process for Technology Development Projects, clarifying core elements such as manage-
ment responsibilities, management measures, reward and punishment implementation standards, and risk identi- Integrated circuit layout design rewards: After integrated circuit layout design registration is completed,
?cation procedures related to intellectual property. In 2025, the Company obtained certi?cation for the IP compli- rewards are given to the designer.
ance management system under the Code of Intellectual Property Management for Enterprises, further consolidat-
Patent drafting related rewards: Special rewards are given to patent engineers of the intellectual property team
ing the standardised and systematic management of intellectual property.
who draft patent application documents.
The Company strengthens IP risk management and control, deeply integrates IP management into the product Special Contribution Incentives
development process, and carries out IP risk identi?cation simultaneously with the advancement of R&D projects.
The Company has established an IP management team, conducts patent searches in line with business develop- Annual patent star reward: The top three employees with the highest patent contributions are selected and
granted monetary awards.
ment and R&D demands, and produces Intellectual Property Analysis Reports to provide scienti?c and reliable
professional support for the Company’s R&D decision-making. In addition, the Company collaborates with external Intellectual property professional development reward: In alignment with local operational management
professional institutions to conduct Freedom to Operate analysis, effectively preventing various IP infringement requirements, cultivation incentives are applied for and disbursed to intellectual property professionals.
risks and effectively safeguarding the Company’s legitimate IP rights and interests.
Absen Intellectual Property Incentive Mechanism
Intellectual Property Incentives
Based on its own development reality and industry best practices, the Company revised the Intellectual Property Intellectual Property Pro?le
Management Measures, raised the reward standards for invention patents, and added special contribution awards
Indicator Data (units)
such as the Annual Patent Star Award and IP Professional Talent Development Award, further stimulating the
innovation enthusiasm of R&D personnel and strengthening incentives for IP achievements. During the reporting Invention patents 99
period, the Company issued a total of RMB 579,200 in intellectual property incentives.
Number of Patent Utility model patents 93
Applications in 2025
Design patents 10
Recognition and Incentives
Total 202
Promotion rewards: Employees with outstanding performance in intellectual property work are given priority for
Invention patents 24
promotion under equal conditions.
Number of Granted Utility model patents 123
Performance rewards: Employees who have been granted patent authorisations receive extra points in talent Patents in 2025 Design patents 15
selection and performance appraisal.
Total 162
Honorary rewards: Employees who have been granted invention patent authorisations or made outstanding
Total cumulative valid patents by the end of the reporting period 632
contributions to technological innovation are awarded certi?cates, conferred with corresponding honorary titles,
and publicly commended.
In May 2025, Absen won the China Patent Excellence Award issued by the National Intellectual Property Administration
for its patent Support Frame and LED Display System Including the Support Frame.
Science and Technology Ethics Product Quality Management
Absen attaches equal importance to technological innovation and scienti?c and technological ethics. In the The Company has established a quality management structure with clear roles and responsibilities. The Quality
process of product R&D and application, the Company proactively identi?es and prevents potential ethical risks at Department takes the lead in formulating the Company’s quality objectives and establishing supporting assess-
an early stage, values user health and safety, continuously strengthens data usage standards and user privacy ment mechanisms, continuously promoting the achievement of the Company’s overall quality objectives. The
protection, pays attention to the environmental impact of products, and fosters an industry ecosystem of fair com- Quality Department has six secondary departments under it, responsible for coordinating various specialised
petition, ensuring that technological innovation meets market demands while aligning with scienti?c and techno- quality control initiatives, forming an end-to-end quality management system centred on R&D, supply, production,
logical ethical values. sales and service.
Quality Department
Product Safety and Health Ethics
Strictly controlling potential impacts such as blue light radiation and electromagnetic radiation from LED display
Design Quality Department Panel Quality Department Customer Quality Department
screens, the Company ensures all relevant products have obtained multiple international safety certi?cations,
safeguarding users’ safety and physical health.
Incoming Quality Department In-Process Quality Department Quality System
For products deployed in high-traf?c scenarios, ?ame-retardant materials and processes are uniformly adopted to
minimise ?re safety hazards.
Absen Quality Management Structure
Customer Privacy and Data Security Ethics
In 2025, focusing on product quality improvement, the Company newly developed 60 quality management-related
The Company explicitly follows core principles such as data minimisation and local processing, standardises documents, fully covering core areas such as Integrated Product Development , Integrated Supply Chain and Qual-
the entire process of data collection, storage and use, and effectively protects user privacy and data security. ity Control, further improving quality management speci?cations for all stages of the product lifecycle. The Com-
pany continuously improves the construction of its quality management system and actively promotes quality
management system certi?cation.
Environmental Ethics
Quality planning is conducted using the Integrated Product Development process methodology,
The Company actively develops and promotes low-energy-consumption, energy-saving and eco-friendly with key quality activities standardised and quality delivery requirements clari?ed, to ensure
Design Stage closed-loop management of all quality risks. All products must pass safety certi?cation before
products, and conducts product carbon footprint veri?cation for multiple product series to reduce the environ-
entering the mass production stage.
mental impact of products.
The Company enforces strict quality inspections on raw materials, covering all key inspection
Industry Ecosystem and Fair Competition Ethics Incoming
dimensions such as product appearance, structural dimensions, functional testing, performance
Inspection Stage
testing, photoelectric testing, RoHS testing and reliability, ensuring product quality at the source.
The Company proactively advocates for and initiates the formulation of industry-related standards, promoting
the standardised development of the industry.
It strictly safeguards the intellectual property rights of itself and its partners, adheres to the bottom line of fair The Company has strengthened quality control during the production process, and strictly
Production implements ?nished product inspection procedures covering order requirement con?rmation,
competition, and jointly builds a healthy and orderly industry ecosystem. Process Stage
product appearance, functional testing, performance, photoelectricity, structure, packaging and
other aspects, to ensure process quality meets standards.
Product and Service Safety and Quality The Company strictly implements pre-shipment inspection
Pre-Shipment standards, conducting special inspections on product appearance,
Inspection Stage display effect, photoelectric parameters, software control, structural
Absen adheres to a customer-centric approach, strictly abides by industry standards and compliance
parameters, safety performance and other aspects, to control the
requirements, continuously strengthens product quality and safety assurance capabilities, and builds a
quality of shipped products and ensure delivered products meet
full-process quality control system and safety risk prevention mechanism. We continuously optimise service
quality standards and customer requirements.
processes and improve service quality, and effectively protect customer rights and interests with safe,
ISO 9001 Quality
reliable, high-quality and ef?cient products and services.
Absen Quality Management Process Management System Certi?cation
Product Safety Assurance Product Health Assurance
The Company conducts in-depth assessment of the potential health and safety impacts of various products, and continu- In the ?elds of photobiological safety and light pollution prevention and control, the Company has established an
ously develops and manufactures safe, stable and high-quality products. As at the end of the reporting period, the internal technical standard system that is higher than national standards and stricter than international standards.
Company’s products have obtained safety certi?cations in nearly 40 countries and regions including China, the EU, the US,
With "Care + Comfortable Vision" and "Absen Green" as core design concepts, the Company achieves multi-di-
Latin America and Southeast Asia, covering more than ten authoritative international and domestic standards, ensuring
mensional and all-round protection for human health, residents’ lives, traf?c safety and the ecological environment
that products comply with relevant product safety requirements of the countries and regions where they operate.
through core initiatives such as optical innovation, intelligent control and system integration.
Focusing on the key safety control points of display products such as structural safety, ?re resistance, waterproo?ng and
electric leakage protection, the Company strictly complies with domestic and international standards, and has established
a safety protection system covering "core material selection – design factor control – reliability test veri?cation – installa- Core Management Speci?c Contents
Dimension Initiatives
tion standard implementation – full-lifecycle maintenance" to ensure safe and reliable product operation.
In 2025, the Company’s investment in product safety reached RMB 8.2634 million, a year-on-year increase of 26%. The blue light hazard safety level of all product series reaches the RG0
Internal
hazard-free level, which can achieve retinal safety protection under
standard
unlimited exposure time, fully protecting human visual health.
control
Safety Protection
Core Safety Assurance Measures Risk Type
System
Precise control By optimising chip selection and packaging processes, the proportion
Key components all meet UL94-V0 ?ame retardant requirements; wires of blue light of energy in the peak hazardous blue light band is effectively reduced,
Core material additionally pass VW-1 or FT1 tests; housings adopt ?ame-retardant alumini- lowering blue light hazards.
Fire risk band
selection um alloy or ?ame-retardant ABS materials, fully eliminating ?ammable
components. Third-party professional institutions are entrusted to test products in
accordance with the IEC 62471 standard, and an internal blue light
Dual blue light
AW series products adopt ?n-shaped heat dissipation design, physically isolating hazard testing laboratory has been established, with additional
detection
the heat dissipation air duct from the circuit area to avoid safety hazards caused by Human health assessment items on retinal thermal hazard and rhythm disturbance,
mechanism
heat conduction; high-end products such as the A25 series adopt bare passive Fire risk to ensure that blue light radiation of products remains below the
natural heat dissipation or fan-free forced air cooling natural heat dissipation safety threshold throughout the lifecycle.
design to avoid local overheating of products.
For indoor ?ne-pitch and control room display products, blue light
Die-cast aluminium alloy / galvanised steel cabinets are selected to Special control
hazard values are strictly controlled, which can meet users’ long-time
enhance product structural safety; high-end products such as the A25 series for key products
Structural viewing needs and reduce visual fatigue and health risks.
adopt lightweight design, maintaining excellent structural strength while
safety risk
reducing weight.
For products used in special scenarios such as education and
Customised product design solutions are provided according to the environ- Special control for healthcare, additional assessment of blue light rhythm disturbance
Design factor mental characteristics of different regions to enhance wind and seismic Extreme special scenarios coef?cient is conducted to effectively protect the physical health of
control resistance; for coastal environments, products are treated with salt spray environment
adolescents and special groups.
risk
resistant coatings to improve environmental adaptability.
Night protection standards stricter than national standard require-
The power module is built with ?ame-retardant fuses, the driver board is
Precise control of ments are implemented, with clear requirements for automatic
equipped with thermal fuse protection devices, and the system has automatic Electric residential light reduction of product brightness below speci?ed values during
power-off functions under over-current, over-temperature and short-circuit leakage risk intrusion speci?c periods, supporting multi-level brightness adjustment by
conditions, effectively preventing components from overheating and catching
Residents’ lives time period to reduce interference with residents’ lives.
?re and ensuring safe circuit operation.
The whole machine adopts an integrated front and rear sealed waterproof Night colour Products are switched to warm colour temperature mode at night,
structure, and modules are independently sealed. The protection rating of Electric temperature reducing the proportion of blue light by 60%, effectively reducing the
mainstream products reaches IP65, and high-end products such as the A25 leakage risk control impact on the sleep quality of surrounding residents.
series are upgraded to IP66 fully sealed protection, which can effectively prevent
water vapour in?ltration and electric leakage risks.
Ultra-black coating and anti-glare structural design are adopted to
Glare value ensure that the glare value from the driver’s perspective is far below
Safe travel
Reliability test Product quality inspections such as environmental tests, optical tests, electrical Product control the national standard limit, effectively reducing visual interference
performance tests, safety tests and mechanical strength tests are conducted to quality risk from strong light on drivers and ensuring traf?c safety.
veri?cation
ensure product quality meets the demands of global customers.
A collaborative governance model of light pollution and energy
A professional installation service team is equipped and standardised proce- consumption is implemented, adopting energy-saving technologies
Installation dure manuals are provided to ensure the installation process strictly complies Ecological Collaborative such as white screen power saving, black screen power saving,
with design speci?cations. After product installation, structural safety inspec- Equipment
standard environmental energy saving dynamic power saving and full-range high PF value, achieving
tion, electrical performance test, waterproof test, display effect commission- failure risk
implementation governance energy saving and consumption reduction while preventing and
ing and safety training delivery are carried out to con?rm safe and reliable protection
controlling light pollution, and practicing the concept of green devel-
product operation. opment.
Featured maintenance services are provided, offering 5–10 years of warranty
Full-lifecycle service for products. During the warranty period, professional personnel are Equipment During the reporting period, the Company did not incur any major safety and quality liability accidents related to
maintenance arranged to conduct regular on-site inspections and maintenance to promptly failure risk
products and services, nor any non-compliance related to the health and safety impacts of products and services.
identify and eliminate safety hazards.
Quality Culture Building
The Company upholds the quality commitment of "upholding quality and getting it right the ?rst time" at all levels, Tier1 7*24 Online Customer Service Center
actively carries out quality culture building, and consolidates the quality awareness of all employees through forms
Functional Escalation
such as reward and punishment incentives, case studies, special activities and tiered training, promoting continu-
Tier 1 Tier 2 Tier3
ous improvement of quality control levels.
Quality Training System Relevant
Department
The Company has established a full-cycle, multi-level quality training system, delivering comprehensive quality
empowerment to employees from onboarding to on-the-job, and from frontline staff to engineers. Online Customer Service
Representative
Second-tier
Technical Expert
Quality, Research &
Development Team
Customer
Quality Reward and Punishment Mechanism Processing
Online Solutions
Service Engineer
The Company has formulated and improved the Quality Reward and Punishment Management Regulations and On-site Service
special incentive schemes for quality improvement, optimised the quality incentive and restraint mechanism,
Technical Upgrade
commended outstanding quality improvement projects and employees with outstanding contributions, and strict-
ly held accountable for quality accidents.
Tier3 Localized Service Network Tier2 Distributed RMA Repair Centers
Quality Case Sharing
The Company regularly carries out typical quality case sharing covering key links such as R&D, production, process,
equipment and sales, conducting in-depth analysis of quality problems, causes and corrective measures, guiding
all employees to learn from cases and avoid risks, and preventing the recurrence of similar quality problems.
Quality Month Activities
The Company’s management signed quality commitments, organised 8 empowerment training sessions covering
more than 1,500 participants, held skills competitions with cross-departmental participation, advanced 22 QCC
improvement projects and standardised more than 30 management documents, and advocated a cultural atmo-
sphere of "everyone values quality" through promotional videos.
Enhancing Customer Service
Adhering to the service philosophy of "proactive, fast, standardised and considerate", Absen has built an ef?cient
three-tier service support structure, promoting the upgrading of service standards from internal process compli-
ance to delivering excellent customer experience. Centred on the core closed loop of "precisely managing custom-
er expectations – delivering beyond-expectation experience throughout the process – shaping positive customer
Customer Service Assurance
perceived value – driving customer loyalty and word-of-mouth", the Company creates full-lifecycle scenar-
Absen has established 40 primary and secondary service centres worldwide, and partnered with over 1,000 service
io-based service solutions covering pre-sales, during-sales and after-sales, unlocks customer value with indus-
partners. Its service network covers 165 countries and regions across 6 continents. Relying on a tiered management
try-leading service standards, and continuously enhances its competitive edge in service.
model to achieve ef?cient collaborative operation, the Company has built an integrated service system covering
global markets. The Company has formed a professional international service team comprising multilingual
Differentiated Service Strategy
professionals ?uent in English, German, Spanish, Portuguese, Russian and Japanese, providing seamless localised
With a customer-centric approach, we adopt a service model of "tailored regional strategies, customised customer services to customers worldwide.
solutions, and grid-based management", and formulate differentiated service solutions tailored to the characteris-
tics, cost structure, policy environment and local resources of each regional market. By building a management
The Company has built the "Absen Care" full-lifecycle scenario-based service system, launching service solutions
mechanism of "headquarters-led coordination, regional hub execution, and urban grid coverage", we support the
for different application scenarios such as digital outdoor advertising, professional audio-visual, event rental and
implementation of the three-tier service structure and business model of "Omnimedia customer service centre +
sports display, to accurately identify and ef?ciently respond to customer needs, driving the advancement of indus-
RMA maintenance service centre + on-site local service network", achieving "10-second online response, 4–8 hours
try standards.
on-site service domestically, 24–48 hours on-site service internationally, and full-process closed loop manage-
ment", building service competitiveness of "speed, professionalism and global coverage", and improving global
service response ef?ciency and customer experience.
AbsenCare DOOH display service solution is speci?cally designed for
DOOH displays to ensure uninterrupted performance!
Online Service System
The Company has built a 24/7 omnichannel integrated technical support system, integrating multiple service
Fast Response Specialized Inspection Comprehensive Support
DOOH Display 24/7 support Proactive removal of
potential hazards
One-stop solution access channels including telephone, WeChat, of?cial website and SMS. Equipped with an advanced omnichan-
Service Solution nel call centre management system and customer service information management system, it realises uni?ed
Six-star standalone Choose from two standard packages acceptance, recording, distribution, scheduling and process monitoring of service demands.
services to suit your needs
Freely customizable,
meeting your Standard Assurance Package: Comprehensive Coverage
personalized needs! Premium Assurance Package: Proactive Protection
Customer Service Management Platform
Relying on the Customer Service Management (CSM) platform, the Company realises uni?ed scheduling of
The AbsenCare sports display service solution, your dedicated event
global service resources, real-time supervision of service processes and results, and automatic anomaly
guardian that ensures failure-free, spectacular broadcasts!
warning, ensuring ef?cient operation of all links.
Fast Response Specialized Inspection Comprehensive Support
Sports Display 24/7 support Proactive removal of
potential hazards
One-stop solution
Global After-Sales Service Monitoring Platform
Service Solution
Worry-Free Event
Package for
The Company has built a "Global After-Sales Service Monitoring Platform", which fully integrates global service data
Five Premier Service
Critical Events and realises transparent management of the entire chain from work order creation and engineer dispatch to
Available in ?exible combinations to meet your needs!
Delivering end-to-end
support progress tracking, supporting rapid response to customer demands and precise allocation of service resources.
Service Team Empowerment
The AbsenCare ProAV display service solution is here to help! We offer
a One-stop Service Solution! The Company attaches importance to improving the professional capabilities of the service team and
standardised management of service partners, and continuously strengthens the professional capabilities of the
Worry-free Hassle-free Fast Response service team through a competency-building programmes, digital tool sharing and standardised quality control.
ProAV Display Ease your maintenance
pressure by 60%
Guarantee equipment
stability
Service Solution Diversi?ed Service Training
Six-star standalone services Choose from two standard packages to suit your needs
Freely customizable, meeting your Maintenance Protection Package: preferred choice for VAP partners The Absen Certi?ed Engineer (ACE) Programme is a customised training project provided by the Company
personalized needs! All-round Protection Package: ultimate guarantee for end users
for employees in service-related positions such as global LED display engineers and technical personnel.
Through systematic theoretical teaching and practical training, it helps trainees master LED display-related
knowledge and practical skills in all aspects. Those who pass the assessment can obtain an ACE certi?cation
AbsenCare has introduced the rental & staging display service solution
certi?cate. As at the end of the reporting period, ACE training had delivered over 300 sessions, certifying more
exclusively designed for rental & staging.
than 5,400 trainees, effectively improving the industry’s technical service level.
Fast Response Lower Costs Super Guardian Support
Rental & Staging repair speed cost savings Support
training sessions and "invite-in" service training, and organised targeted online service training, promoting
the comprehensive upgrading of professional capabilities of global service personnel through diverse train-
Fast Response, Hassle- Five Premier Services are available in ?exible ing forms.
Free Repairs, and combinations to ?t your needs!
Comprehensive Support!
Scenario-based, full-lifecycle and customised professional service solutions
China United Arab Emirates Iraq Netherlands
Digital Service Experience
The Company leverages digital technologies to enhance its customer service system, delivering standardised,
visualised and intelligent management of the entire service process through information systems, and continuous- Singapore Morocco DACH Miami
ly improves service ef?ciency and customer experience.
Global ACE Training and Certi?cation
To ensure that the service quality of service partners is consistent with the Company’s service standards, the The Company improves its customer feedback management mechanism, clari?es time limit requirements for
Company has established a service partner management system. By granting service partners access to the CSM each stages, and covers various customer feedback scenarios to ensure ef?cient response to customer feedback.
platform with service partners, it realises the coordinated linkage of service resources and service processes, and At the same time, the Company strengthens its customer feedback handling capacity, and forms a joint expert
improves the service ef?ciency of partners. At the same time, the Company incorporates the customer service team of sales, service and quality to quickly judge feedback, implements precise measures, and promptly outputs
work of all service partners into the service quality management system simultaneously, and conducts regular targeted solutions. After receiving customer demands, the Company will simultaneously investigate potential risks
service quality inspections. For non-compliant service processes and substandard service quality, partners are of products under production, in stock and in transit, dig deep into the root causes of problems, and formulate and
promptly required to make recti?cations, and those with ineffective recti?cations are eliminated, ensuring uni?ed implement effective improvement measures.
and controllable global service quality.
The Company has built a time-effect management system covering the entire process of online service, RMA
service, on-site service and customer satisfaction, and set quantitative indicators such as response time, service
Customer Communication and Feedback standard achievement rate, on-site service resolution time and customer service satisfaction. The Company regu-
larly conducts Net Promoter Score surveys to understand customers’ feedback on product quality, service, delivery
The Company has built a multi-channel customer communication network covering multilingual and diverse
and other aspects.
customer needs across multiple scenarios, which responds to customers’ business inquiries in a timely manner. We
During the reporting period, the customer satisfaction score was 98.20%.
attach great importance to customers’ opinions and demands, receive customer complaints and feedback in a
timely manner through channels such as service hotlines and dedicated email for complaints and suggestions,
and establish a full-process closed-loop management mechanism from acceptance, veri?cation, handling to Responsible Marketing
follow-up, ensuring that all customer feedback receives a full response and is resolved satisfactorily, thereby
continuously enhancing customer satisfaction and the overall service experience. Absen strictly abides by relevant laws and regulations such as the Advertising Law of the People’s Republic of
China, and has formulated management documents such as the Brand Marketing Business Violation Management
System, Marketing Material Management System and Marketing Promotion Plan Management Process, clarifying
compliance standards for marketing activities, materials and promotional content, and resolutely prohibits false
Other Communication and
Online Service Communication Channels publicity and misleading information.
Feedback Channels
Multi-touch hotlines and portals: A global service Of?ine event outreach: Face-to-face communi-
The Company has established a strict pre-approval mechanism for marketing activities. All marketing promotion
hotline has been set up, and one-stop service access cation channels are established through partici-
and market activity plans must be reviewed by the compliance and legal departments to ensure compliance with
is provided through the Chinese and English of?cial pating in and holding various of?ine activities such
advertising regulations, consumer protection regulations and industry regulatory requirements of the operating
websites. as industry exhibitions, marketing conferences,
roadshows and customer promotion meetings. locations. Centred on customers’ real demands, we implement precise positioning, tiered marketing and compliant
Instant messaging and social media matrix: A publicity around core application ?elds such as advertising, sports and stage rental, and strive to build a responsi-
Internal collaboration mechanism: An ef?cient
series of of?cial communication accounts under ble and trustworthy global brand image. At the same time, the Company standardises the management of the
internal demand circulation and response mecha-
"Absen Global Service" have been established, cover- entire marketing promotion chain, clari?es marketing standard requirements for employees, and regularly moni-
nism has been established to ensure seamless
ing mainstream domestic and international instant tors and evaluates the publicity behaviours of partners such as distributors and media to ensure the authenticity
connection between front-end customer service
messaging software and social media platforms. and accuracy of product information promotion.
demands and back-end support capabilities.
Email support system: An email support channel has
The Company regularly conducts special compliance training covering all marketing employees and global
been set up to ensure professional and timely
partners, systematically promoting awareness of marketing code of conduct, anti-bribery requirements, data
handling of customer demands and feedback.
compliance and brand usage guidelines, and comprehensively improving the compliance awareness of all
employees. In addition, the Company’s marketing centre, in conjunction with the legal and audit departments,
regularly conducts cross-departmental compliance audits, risk investigations and special inspections, implements
closed-loop monitoring of the entire marketing process, establishes and improves a violation accountability
On-Site Service Follow-Up Mechanism mechanism, and takes disciplinary action against non-compliant marketing practices to ensure the implementa-
Closed-loop Service Management Process: A time-effect tracing mechanism for the entire service process has tion of recti?cations.
been established. After completing on-site service, service engineers conduct standardised satisfaction follow-up and
surveys with customers. Customer feedback is collected through the system to optimise service processes. During the reporting period, the Company did not experience any violations related to product and service
information and labelling, nor any violations related to marketing communication.
Supply Chain Management Supplier Onboarding
The Company conducts systematic assessments of prospective suppliers based on four core onboarding criteria:
Absen conducts business with high standards of business ethics and builds an equal and responsible value sound operational performance, high strategic alignment, optimal overall cost, and rigorous quality control. We
chain cooperation ecosystem. The Company continuously strengthens the construction of its supply chain integrate ESG dimensions such as anti-corruption and compliance, environmental protection, labour practices and
management system, adopts multiple measures to empower supplier development, and is committed to quality management into the supplier onboarding audit system, ensuring the compliance, stability and sustain-
achieving win-win results with global supply chain partners. ability of the supply chain from the source. In 2025, the Company signed the Integrity Cooperation Agreement,
Con?dentiality and Intellectual Property Protection Agreement and Supplier Corporate Social Responsibility Agree-
ment with suppliers, achieving a 100% signing rate.
Supplier Management Principles
The Company strictly abides by laws and regulations such as the Bidding and Tendering Law of the People’s Integrity and compliance dimension
Republic of China, and has formulated institutional documents such as the Supplier Management Regulations and
· Suppliers are required to sign the Letter of Commitment on Integrity Guidelines and strictly abide by the
Supplier Quality Management Regulations, clarifying full-process management speci?cations for supplier access,
Company’s "Three Nos" principle: no falsehood, no fraud, no bribery.
classi?cation, evaluation and elimination. In 2025, the Company revised the Supplier Performance Management
· The Company veri?es suppliers’ internal anti-commercial bribery systems, employee integrity training
Process to further re?ne supplier performance assessment indicators and enhance the standardisation and
records and gift and hospitality registration ledgers, and identi?es and assesses business ethics risks through
ef?ciency of supplier management.
on-site interviews with personnel in key positions.
The Company follows four core principles in conducting full-process supplier management and continuously
optimise the supply chain system:
Environmental protection dimension
· Suppliers are required to provide ISO 14001 environmental management system certi?cation or equivalent
proof, and the Company conducts on-site audits of the operation status of wastewater, waste gas and solid
Instead of taking a single price as the core
waste treatment facilities and compliant emission monitoring records.
benchmark, the Company builds a full-process
Supplier management is led and coordi- · In accordance with the requirements of the QC080000:2017 standard, the Company focuses on verifying
performance evaluation system and
nated by the Procurement Department, the control of hazardous substances, and conducts spot checks on raw material safety data sheets and
institutional support, adhering to the
achieving centralised and RoHS and REACH compliance declaration documents.
management principles of
standardised management.
scienti?city, compatibility,
Centralisation Comprehe
Principle nsiveness fairness and impartiality. Environmental protection dimension
Principle
质量管理维度
· Suppliers are required to pass social responsibility audits such as SA8000 and BSCI, or have equivalent
internal management systems.
· The Company veri?es suppliers’ labour management practices such as employee labour contract signing
Flexibility Dynamic In line with the Company’s rate, social security payment records, and working hours and overtime management ledgers.
Principle Principle
development strategy and · On-site audits are conducted on the implementation of workplace safety protection and the protection of
Differentiated management is
procurement planning, the the rights and interests of juvenile workers and female employees.
implemented for different
Company dynamically optimises
material categories and supply
supplier resources, completes supplier
proportions, improving the precision of supply Quality management dimension
onboarding and streamlining in a timely manner,
chain management. 质量管理维度
and continuously improves the business
· Suppliers are required to obtain ISO 9001 quality management system certi?cation.
adaptability of the supply chain.
· The Company conducts on-site audits of suppliers’ quality control plans and related quality management
documents.
· The Company inspects the implementation records of the entire process of incoming inspection, in-pro-
During the reporting period, the Company had a total of 156 suppliers, with 75% of procurement sourced from local cess inspection and outgoing inspection of suppliers, as well as the application of statistical process control.
suppliers in operating regions. The speci?c distribution is as follows: It conducts witness tests on key processes to verify the effectiveness of quality management measures such
as equipment calibration, ?rst article con?rmation and non-conforming product control.
Domestic suppliers (including Hong
Indicator 2025 Data (number of entities)
Kong, Macao and Taiwan regions)
(number of entities)
dimensions, and 100% were screened using social evaluation dimensions.
Supplier Evaluation and Assessment Capability Enhancement
The Company builds ef?cient and collaborative communication bridges through communication forms such as
The Company has established a closed-loop management system for supplier performance evaluation and recti?ca-
face-to-face meetings, telephone calls and on-site conferences, and strengthens empowerment and guidance for
tion, with monthly and quarterly assessment mechanisms. It conducts performance evaluation based on the Supplier
suppliers. In 2025, the Company held the annual Core Supplier Partner Conference, where the Company’s executives
Relationship Management (SRM) system, and implements closed-loop tracking of supplier recti?cation through digital
communicated the annual development strategy to core suppliers and clari?ed the direction of cooperation develop-
systems, ensuring the compliance, authenticity and traceability of the supplier evaluation process.
ment. Heads of departments such as product, quality and procurement explained the Company’s standard require-
ments and action guidelines to suppliers from dimensions such as product standards, quality control and procurement
Assessment
Assessment Form Recti?cation Mechanism collaboration. They also emphasised the principles of integrity and clean cooperation, clari?ed supplier reporting chan-
Frequency
nels, guided suppliers to operate in a standardised manner, consolidated the foundation of cooperation, and fostered
If a supplier’s monthly performance fails to meet standards,
win-win supply chain development.
the SRM system will automatically trigger a recti?cation
Weights are assigned across
process and send a recti?cation notice to the supplier.
The Company regularly conducts sustainable supply chain awareness training and capacity building programmes for
core dimensions such as Suppliers are required to con?rm the issues, complete internal internal supplier audit teams and procurement personnel, supports employees in obtaining procurement quali?cation
Monthly
cost, quality, delivery and reviews within the speci?ed time limit, and submit a written certi?cations, and improves the professional competence compliance awareness and sustainable management
assessment improvement report including root cause analysis, corrective
commerce to comprehen- capabilities of supply chain-related personnel.
measures and prevention plans.
sively evaluate suppliers’ The improvement report is jointly reviewed by the Company’s
monthly performance. supplier quality engineers and procurement personnel to
verify the effectiveness and implement ability of the supplier’s
Con?ict Minerals Management
improvement measures and ensure recti?cation is delivered. The Company strictly abides by internationally accepted con?ict-free minerals standards, has established a
full-chain supply chain control system, resolutely eliminates the use of con?ict minerals, and earnestly ful?ls corpo-
A tiered response mechanism is activated for suppliers with a rate social responsibility. We require all products supplied by suppliers to be con?ict-free metal products, and
quarterly rating of "to be improved" or "unquali?ed".
Quarterly ratings such as continue to deepen supply chain due diligence management. We conduct full-process traceability veri?cation of
For suppliers that fail the quarterly assessment for the ?rst
green card, yellow card, red card key metals involved in products, such as gold (Au), tantalum (Ta), tungsten (W), cobalt (Co) and tin (Sn), ensur-
time, strategic procurement specialists will initiate an
and black card are generated application for supplier level adjustment and provide special ing that the relevant metals are not obtained through illegal channels such as mining or smuggling by warlord
Quarterly based on the aggregated recti?cation guidance to the suppliers. groups and illegal groups, and do not involve high-risk countries and regions related to the the Democratic Repub-
assessment For suppliers that fail the assessment for two consecutive
monthly performance results lic of the Congo (DRC) and adjoining countries identi?ed by the United Nations Security Council.
quarters, a supplier downgrade process is initiated to adjust
of three consecutive months, subsequent procurement weight and cooperation priority.
and differentiated tiered If a supplier fails the assessment for three consecutive
quarters, the Company will activate the supplier certi?cation Equal Treatment of Small and Medium-Sized Enterprises
management is implemented.
exit mechanism and take measures such as temporarily
freezing supplier resources, re-sourcing or terminating The Company has always adhered to the supply chain cooperation philosophy of equality, mutual bene?t and
cooperation. collaborative development, actively supports the growth of small and medium-sized enterprise (SME) suppliers,
and is committed to building a fair, transparent and win-win supply chain system, ensuring that SME suppliers
enjoy equal cooperation opportunities and development space. As at the end of the reporting period, the Company
Meanwhile, the Company has established a scienti?c and sound supplier scoring model, adopting a multi-sector
collaborative evaluation mechanism covering three core functional departments: procurement, R&D and quality. has optimised supply chain capital management and cooperation mechanisms, and has supported a total of 26
Differentiated weights are set based on the business contribution of each sector to comprehensively and objec- SME suppliers, effectively helping them maintain stable operations and expand production capacity, and jointly
tively re?ect the overall capabilities of suppliers and achieve tiered management and control of suppliers. building a more resilient and sustainable supply chain ecosystem.
Supplier Rating Tiered Management Measures
Grade A
Included in the priority pool for major project bidding, and suppliers of this grade are
given priority under equal conditions. Information Security and Privacy
Grade B
Maintain regular business cooperation relations, review performance improvement items
on a quarterly basis, and continuously optimise cooperation quality.
Protection
Immediately launch the supervision and improvement process, with strategic procure-
Grade C ment specialists taking the lead in formulating supplier improvement plans and tracking Absen abides by the laws, regulations and regulatory requirements applicable in China and all regions
the progress and effectiveness of recti?cation throughout the process.
where its business operates, incorporates information security and data compliance into a core component
Suspend cooperation quali?cation. If a supplier is rated Grade D twice within a year, the
of corporate management, continuously improves its information security management system, and
Grade D matter will be submitted to management for review and the cooperation relationship will
be terminated. constantly re?nes technical protection and internal control processes. The Company attaches great impor-
tance to the protection of user privacy and data security, and effectively forti?es the line of defence for
information security through full-lifecycle management, regular risk assessment and emergency response
During the reporting period, the Company conducted environmental and social impact assessments on all suppli-
mechanisms, safeguarding the data rights and interests of users, partners and the Company itself.
ers, achieving a 100% coverage rate. The number of suppliers con?rmed to have signi?cant actual or potential
environmental and social impacts was 0.
Information Security Management
The Company has established an information security management structure and set up an Information Security Leading
Group, which makes decisions on major information security matters, reviews the information security management
system, and supervises the handling of major security incidents. The Digital Operations Department, as the permanent
administrative body of the Leading Group, assists the Leading Group in implementing information security strategies,
supports decision-making on information security affairs, takes charge of the establishment, implementation and daily
operation of the information security management system, formulates information security policies and management
standards, and communicates and coordinates with national information security competent authorities and depart-
ments. Heads of all ?rst-tier departments, as the primary persons responsible for information assets of their respective
departments, are fully responsible for the management and maintenance of information assets in their departments and
cooperate in audits. The System Team of the Quality Department is responsible for information security system audits,
information asset inventory updates, and risk control assessment and tracking. Meanwhile, the Company requires all
internal employees to strictly comply with information security-related regulations, use information assets in a
standardised manner, actively participate in security training, and report violations in a timely manner, to jointly build a
strong information security defence for the Company.
The Company has formulated and implemented internal management policies such as the Information Security Manage- ISO/IEC 27001:2022 Information Security Management System Certi?cation,
ment System, Information Security Incident Management Regulations and Cybersecurity Management Regulations. The Information Security Service Quali?cation Certi?cation
Company has obtained ISO/IEC 27001:2022 Information Security Management System Certi?cation and Information
Security Service Quali?cation Certi?cation.
The Company has formulated management documents such as the Information System Emergency Response Plan to In 2025, Absen organised company-wide phishing email emergency drills to improve employees’ ability to identify and
standardise information security incident handling procedures and continuously enhance emergency response capa- report incidents promote the standardised closed loop of handling procedures, and transform protection from passive
bilities. to active. Meanwhile, the IT Department organised backup data restoration drills to verify data integrity and restoration
time ef?ciency, optimise backup strategies, and consolidate the data security defence line. In terms of information
Upon receiving reports of information security risks or incidents, the Company immediately security culture building, the Company has set up compulsory onboarding courses for new employees, established an
carries out incident investigation and nature assessment, veri?es network architecture, audit internal mechanism for sharing on technology and security knowledge, and regularly carried out awareness
Incident
Detection logs and system anomalies, completes on-site records and evidence retention, and de?nes campaigns on phishing email prevention and data leakage protection through internal platforms, to continuously
response strategies. strengthen the security awareness of all employees.
A working group is formed to protect the incident scene, avoid using damaged systems, assess
Incident Customer Privacy Protection
system risks and synchronise handling progress, and promptly prevent the spread of informa-
Containment The Company strictly complies with relevant laws, regulations and industry regula-
tion security risks.
tory requirements, continuously improves its personal information protection
management system and operational speci?cations, clari?es the boundaries of
The root cause of the incident is identi?ed, security protection measures are improved, system
rights and responsibilities at all stages such as information collection, storage, use,
Incident and network vulnerability assessments are conducted, similar weaknesses in other systems are
Investigation transmission and destruction, and safeguards customers’ rights to be informed, to
identi?ed, and security risks are eliminated.
choose and to control their information. Through measures such as improving the
technical protection system, strengthening data security audits and conducting
Systems, software and data are restored using reliable backup sources. After installing patches, employee compliance training, we continuously improve data security manage-
System the Company comprehensively veri?es system security, operation and functional integrity to
Recovery ment capabilities and strictly guard against risks of information leakage, abuse and
ensure the system returns to normal operation. unauthorised access.
After the incident is contained, an incident handling report is prepared and a seminar is organised In product design and service delivery, the Company implements data minimisa- ISO/IEC 27701:2019 Privacy
Summary to review the incident, collect opinions, implement improvement measures, and continuously tion measures to effectively protect customers’ privacy rights and interests, and Information Management
and Optimisation System Certi?cation
improve response capabilities. build a safe, credible and responsible customer service ecosystem.
As at the end of the reporting period, the Company did not experience any customer privacy leakage incidents, nor any
Information Security Incident Handling Process
complaints arising from infringement of customer privacy or loss of customer data.
Clean
Development,
Safeguarding
Ecosystems
Absen advocates a production and operation
model centred on green, low-carbon, energy-sav-
ing and eco-friendly practices. It integrates the
concept of full-lifecycle management thinking into
all aspects of product R&D, manufacturing and
operations, systematically reduces environmental
risks during operations, and continuously explores
a green development path that balances sustain-
able growth with ecological sustainability.
Environmental Compliance In terms of production and operations, the Company takes national-level green factories and green of?ce build-
Management ings as strategic pillars. Through independent investment, it has built a facility-wide integrated green energy
system combining photovoltaic power generation, energy storage and charging infrastructure, creating a
full-scenario energy closed loop of self-generation and self-consumption, surplus grid feed-in, energy storage
for peak shaving, and green mobility.
Absen strictly complies with national and local environmental laws and regulations, including the Environmental
Protection Law of the People’s Republic of China, the Air Pollution Prevention and Control Law of the People’s In terms of supply chain management, the Company upholds the philosophy of green procurement, implements
Republic of China, the Water Pollution Prevention and Control Law of the People’s Republic of China and the Law a stringent hazardous substance control system for components and raw materials, actively participates in the
of the People’s Republic of China on the Prevention and Control of Environmental Pollution by Solid Waste. The formulation of industry green standards, and collaborates with upstream and downstream partners along the
Company has formulated environmental management systems including the Regulations on the Management value chain to build a sustainable green ecosystem.
of Water, Gas, Noise and Residue Discharge, and continuously optimises its environmental compliance system
to ensure all operations meet stringent environmental management requirements. Risk Management
Absen has established a systematic climate change risk management system across three dimensions: compli-
Absen has de?ned the division of responsibilities across all departments, forming an environmental management
ance operations, environmental risks and value chain risks.
organisational structure with clear accountabilities and synergistic collaboration. In addition, through regular
energy conservation training, expert lectures, knowledge competitions and creative idea campaigns, the Company In terms of compliant operation, the Company has established a carbon footprint accounting and veri?cation
systematically fosters a green culture of full participation, co-creation and shared value, deeply embedding the mechanism covering the entire process. It conducts quantitative assessments of product carbon emissions
concept of energy conservation and environmental protection into daily operations and employee behaviour. across all cradle-to-gate stages, and has pioneered the completion of carbon footprint veri?cation for multiple
product series with authoritative certi?cation, effectively managing compliance risks amid tightening environmen-
tal regulations.
In terms of environmental risks, the Company has established an end-to-end monitoring and emergency
response system covering critical monitoring nodes at the Dongjiang Intelligent Manufacturing Centre, achieving
zero environmental hazard incidents for the entire year.
In terms of value chain risk management, the Company integrates ESG management requirements to supplier
management and product development by signing environmental compliance agreements and verifying hazard-
ous substance process management system certi?cations. This shifts risk governance from end-of-pipe treat-
ment to source control, and reduces the potential impact of climate change and its associated policies on
business operations.
Meanwhile, the Company has re?ned its physical risk identi?cation and prevention and control mechanism, and
formulated the Emergency Response Plan for Extreme Weather Incidents, to effectively manage and promptly
ISO 14001 Environmental ISO 50001 Energy respond to various extreme weather events and ensure operational continuity.
Management System Certi?cation Management System Certi?cation
Indicators and Targets
The Company has established a scienti?c, comparable
Responding to Climate Change
system of climate-related indicators, covering key metrics
such as energy consumption intensity and renewable
energy share. It discloses progress on these indicators
annually, reports climate action outcomes to stakeholders,
Governance
and drives continuous internal improvement.
Absen proactively evaluates the impact of climate change on business operations, incorporates climate action
into its ESG governance structure, and drives the advancement of its green and low-carbon strategy. In 2025, the Company engaged an independent Absen’s Shenzhen headquarters is a national two-star
third-party organisation to conduct cradle-to-gate green building, integrating eco-friendly structural
Strategy design, smart operations, clean energy application,
carbon emission accounting for its full product ranges of
water conservation and ecological landscaping to
Absen’s climate action is systematically implemented across three core areas: products, production and opera- the A27 series, NX series, A series, KLCOB series, iCon
build a full-cycle green and low-carbon operation
tions, and supply chain management. series, HCM series, and HC II series. As at the end of the
system. Rooftop photovoltaic power generation
reporting period, the Company had completed carbon reached 145,000 kWh in its ?rst year of operation,
In terms of products, the Company focuses on energy-saving and eco-friendly design across the full lifecycle,
footprint veri?cation for 90% of indoor and outdoor achieving a carbon reduction of approximately 135.6
and continuously develops green products with high energy ef?ciency and low energy consumption.
?xed-install and all-in-one products, providing data tons of carbon dioxide equivalent
support for energy saving and carbon reduction across
the entire value chain.
Energy Management Water Resource Management
Absen strictly complies with relevant laws and regulations such as the Energy Conservation Law of the
Through measures such as optimising production processes, upgrading water-saving equipment and
People’s Republic of China, and formulates and re?nes the Energy and Resource Management System. It
implementing water recycling systems, Absen continuously reduces water consumption per unit of output
clari?es the energy management responsibilities of each department, and formulates and implements
value and improves water utilisation ef?ciency. In its production operations, the Company deploys
annual energy-saving plans for key energy-consuming areas including production, of?ce, domestic and
closed-loop circulating water systems for key water-consuming processes such as cleaning and cooling,
auxiliary equipment energy use. The Company incorporates energy-saving targets into business perfor-
to minimise municipal water intake. The Company has established a water metering and monitoring
mance assessments, establishes energy performance parameters and benchmarks, and achieves
mechanism to track and analyse water consumption across workshops and facilities in real time, and
dynamic monitoring of key indicators.
promptly identify and rectify abnormal water use. For production wastewater, the Company has installed
with advanced sewage treatment facilities in strict compliance with national and local discharge
standards, ensuring treated ef?uent meets discharge requirements or is reused.
Application of the Integrated PV-Storage-Charging System
Absen makes full use of factory rooftop resources to plan and build an integrated photovoltaic, energy
storage and charging project. Based on systematic calculations, the photovoltaic system at the Huizhou Application of Water Recycling Systems
Manufacturing Base generates an average of approximately 1.8 million kWh of electricity per year, with a
peak daily output of 9,000 kWh, while the energy storage station has an annual charge and discharge In 2025, the Huizhou Manufacturing Base installed water recycling systems to treat testing water, enabling it
capacity of approximately 3 million kWh. Through coordinated scheduling of photovoltaic generation and to meet reuse standards and be recirculated for water testing procedures, forming a closed-loop system.
energy storage, the project delivers both economic and environmental bene?ts. Economically, it is expected Following the upgrade, annual water savings reach 27,955 tons, with an equivalent reduction in wastewater
to save approximately RMB 3 million in energy costs per year on average. Environmentally, it is expected to discharge, signi?cantly lowering municipal water intake costs and sewage treatment costs.
save approximately 550 tons of standard coal annually and reduce emissions by approximately 1,400 tons
of carbon dioxide equivalent, supporting the development of a clean and ef?cient factory energy supply and
consumption system.
The Company advanced
management of production energy
re?ned The Company carried out intelligent
upgrading of burn-in test electrical
In production workshops, the Compa-
ny promoted off-peak electricity
Pollutant and Waste Management
ef?ciency, with production electricity cabinets, adopting the "2+1" automatic utilisation for burn-in test displays
consumption per unit area decreas- cycle control mode, achieving a 10% across peak and valley load periods,
ing by 9.3% year on year. year-on-year reduction in electricity optimised grid load distribution, and
Absen strictly complies with the Law of the People’s Republic of China on the Prevention and Control of
consumption during the testing phase. effectively improves power utilisation
Environmental Pollution by Solid Waste, the Emission Standard for Environmental Noise at Boundary of
ef?ciency.
Industrial Enterprises and relevant local environmental regulations. Adhering to the principles of reduction,
recycling and harmless treatment, the Company continuously improves end-to-end pollutant and waste
The Company implemented thermal The Company installed cooling water The Company deployed rooftop management.
insulation design and hot air discharge circulation ?ow meters for refrigeration photovoltaic power generation
optimisation for exhaust air ducts in the systems, enabling remote energy systems across factory premis-
Printed Circuit Board Assembly (PCBA) consumption monitoring and intelligent es, actively utilises clean energy,
workshop, reducing the impact of indoor
scheduling via Internet of Things (IoT) and optimises the production In waste gas management, the Company identi?es key processes such as cutting, welding and spraying,
technology, effectively reducing electrici- energy mix. In 2025, the propor- and ensures 100% compliant emissions through front-end process assessment, extraction and ventilation
temperature differences and signi?cantly
ty consumption in the Chip on Board tion of renewable energy
cutting the energy consumption of system collection, and activated carbon adsorption treatment.
(COB) workshop by approximately 37%. reached 11.33%.
refrigeration systems.
In solid waste management, the Company implements a classi?ed disposal mechanism: non-recyclable
solid waste is entrusted to quali?ed operators for treatment. Hazardous waste is transferred daily from user
Absen Optimised Production Energy Use
departments to a dedicated hazardous waste warehouse, entrusted to licensed third parties for collection
and disposal, and fully registered and declared via the Guangdong Provincial Solid Waste Environmental
The Company implemented electrici- The Company installed centralised The Company introduced a third-par- Supervision Information Platform to ensure compliant disposal.
ty saving controls in of?ce areas, with linked controllers for smart central air ty vehicle dispatching platform to
In noise management, the Company identi?es major noise sources including vehicles, production equip-
energy-ef?cient LED lighting ?xtures conditioning in of?ce areas, enabling standardise the management of
of?cial vehicles, optimise the alloca- ment, air compressors and generators. It requires factory vehicles to minimise unnecessary honking and
adopted across all premises. multi-dimensional precise control of
tion of of?cial vehicle resources, and undergo regular maintenance; exhaust fans and production equipment are operated on demand and
air conditioning across whole-site,
prioritise the use of new energy switched off when not in use; air compressors are managed as special equipment with regular inspection
zoned and scheduled modes.
electric vehicles for business travel.
and record-keeping. Through source control and standardised operation and maintenance, noise impact
is effectively reduced.
Absen Optimised Of?ce Energy Use
Ecosystem and Biodiversity Circular Economy
Absen actively collaborates with third-party professional ecological service institutions to establish a Absen embraces the principles of the circular economy, establishing a standardised management and
landscaping maintenance mechanism and improve the ecological quality of its premises. The Company control system, and embeds the circular principles of reduction, reuse and resource recovery across the
has also installed 25 beehives at the Huizhou Manufacturing Base, demonstrating its commitment to biodi- entire product lifecycle, spanning from R&D and production to recycling.
versity conservation.
General Production Materials Standardised Processes
and Processes The Company has streamlined and improved new
Bees pollinate surrounding vegetation, improving fruit set rates and Over 90% of developed products can achieve product introduction (NPI) processes and manufac-
seed yields, which in turn supports the food chain for birds and small ef?cient mass production using existing equip- turability review speci?cations, standardised the
ment. product introduction work?ow, and ensured that green,
mammals and maintains the stable reproduction of the regional
cost-effective design solutions can be widely rolled out
ecosystem. Meanwhile, bees are highly sensitive to pollutants, and
across all product series.
their health status serves as a low-cost, high-sensitivity biological
indicator system for identifying environmental risks at the facility.
Green Packaging
Within the industrial landscape, beehives and factory vegetation
together form key nodes in pollination corridors, effectively improving
In 2025, the Huizhou Manufacturing Base implemented green upgrades for disposable packaging materials
habitat connectivity. In addition, the beehives serve as a nature
in supplier deliveries: recyclable plastic corner protectors, plastic pallets and turnover plastic crates
education for employees and the local community, translating intan-
replaced foam corner protectors, wooden pallets and traditional cartons respectively, reducing non-de-
gible pollination services into tangible corporate action and engaging
gradable waste at source. Meanwhile, the base has established an internal recycling management system
more employees in ecological protection.
with dedicated recycling areas to ensure standardised reuse of packaging materials. It has also signed
dedicated recycling agreements with suppliers to build a full-chain closed-loop management model of use,
recycling, and regeneration and reuse, effectively reducing packaging solid waste generation and
end-to-end supply chain costs.
Talent-driven
Development,
People-oriented
Approach
Absen consistently adheres to the principles of
respect, trust, and mutual growth, committing to
building a fair, diverse, and inclusive home for
every dedicated professional. By unlocking
employees' full potential, we align individual value
with organisational development, building a com-
munity of mutual success and trust. We safeguard
health and safety with responsibility, pave the way
for career growth with sincerity, and enable every
professional to transform from dedicated to joyful
work, jointly writing a future of sustainable devel-
opment.
Employee Rights and Bene?ts Diversity and Equal Opportunity
Absen ensures that the entire recruitment process is legal, compliant, fair, and equitable, providing equal employ-
ment and development opportunities for all candidates. The Company explicitly prohibits discrimination or differ-
Absen strictly adheres to human rights and labour-related standards, providing competitive remuneration ential treatment against employees based on factors such as gender, age, nationality, race, religious beliefs, family
packages and diversi?ed welfare guarantees. The Company maintains open channels for employee com- status, or health conditions.
munication, actively listens to employee feedback, and addresses reasonable demands, effectively
enhancing employees' sense of belonging and happiness, and fostering strong talent engagement for the In the Company's management team, women are well-represented, with female leaders in the overseas sales
sustainable development of the enterprise. department being particularly prominent. We provide maternity and paternity leave for eligible employees in
accordance with the law, actively implement allowance policies, and set up nursing rooms, practically supporting
employees in balancing work and family responsibilities, fostering a friendly workplace atmosphere that accom-
modates both career development and family care, and deepening gender equality practices.
Protection of Basic Rights During the reporting period, the Company had a total of 996 female employees, with female managers accounting
for 31.1%, and female managers in the overseas sales department accounting for 57.35%. A total of 61 employees
Absen proactively complies with a series of international human rights conventions, charters, and principles, such
took maternity and paternity leave.
as the ILO Constitution and the Universal Declaration of Human Rights, and strictly abides by laws and regulations
including the Labour Law of the People's Republic of China, the Law of the People's Republic of China on the Protec-
tion of Minors, and the Labour Contract Law of the People's Republic of China, explicitly prohibiting forced or com-
Compensation and Bene?ts
pulsory labour, the use of child labour, violence, and harassment.
In 2025, Absen comprehensively carried out a remuneration system reform, striving to break the traditional seniori-
Absen systematically prevents forced labour risks by institutionally clarifying the principle of voluntary labour
ty-based distribution model and establish a more objective distribution mechanism with greater market competi-
relations. Employees enjoy the right to resign freely according to the law; the Company strictly forbids withholding tiveness and internal fairness, further stimulating the dynamism of young core talents.
identi?cation documents or collecting deposits, and employees can ?le complaints through HRBPs or the audit
The Company continues to invest signi?cantly in building an employee bene?ts and care system covering statuto-
email. All employees sign labour contracts upon onboarding, retain their own personal documents, and overtime
ry bene?ts, featured bene?ts, and instant incentives, practically enhancing employees' sense of belonging, happi-
is strictly voluntary. The Company protects employees' right to rest according to the law, ensures overtime is mutu-
ness, and professional identity.
ally agreed upon and compensated, and pays wages and contributes to the "Five Social Insurances and One Hous-
ing Fund" on time and in full. Through channels such as HRBPs, values assessments, and new employee sympo-
siums, the Company promptly identi?es potential risks and extends the prohibition of forced labour to the supply Statutory Bene?ts
chain, requiring partners to comply with the same standards and accept on-site audits.
Provide statutory holidays such as paid annual leave, marriage leave, maternity leave, and paternity leave.
Absen systematically eliminates the risk of child labour. At the institutional level, the strict prohibition of recruiting
Contribute to the "Six Social Insurances and One Housing Fund" for employees.
minors under the age of sixteen is established as a core recruitment criterion and incorporated into the Supplier
Code of Conduct, with strict accountability for violations. During the recruitment process, the Company implements
an original ID card veri?cation and dual-approval system to ensure age compliance and retains records for future Featured Bene?ts and Care
reference. In terms of supervision, the Company strengthens internal compliance reviews through random checks,
Health Guarantee: Employees can enjoy medical examination services upon onboarding and after one year of
special audits, and open reporting channels, while conducting irregular employment audits on partners to strictly
employment.
prevent child labour risks in the supply chain. Furthermore, the Company conducts speci?c training on child labour
Festival and Birthday Care: Hold afternoon tea activities during festivals; employees receive a gift redemption
control for HR and recruitment-related personnel to enhance their legal awareness and identi?cation capabilities,
quota on their birthdays.
preventing child labour at its source.
Tenure Rewards: Distribute exclusive commemorative gifts to employees who have been with the company for 1, 3, 5,
and 10 years.
Based on the above measures, no incidents of forced or compulsory labour or child labour were recorded within
Life Care: Provide meal allowances, communication allowances, and supporting talent housing resources.
the Company in 2025.
Cultural and Sports Activities: Regularly organise activities such as yoga, badminton, football, and basketball;
both the Shenzhen Headquarters and the Huizhou Manufacturing Base have set up cultural and sports associa-
tions to hold regular activities and competitions.
Instant Incentives Employee Training and Development
Special Sales Incentives: Hold sales incentive conferences monthly and quarterly, awarding cash, electronic
Absen continuously re?nes its talent development strategy from a strategic perspective, building a train-
devices, and other prizes on-site to outstanding performers.
ing system that covers all employees throughout their entire career journeys. Through systematic train-
Outstanding Employee Recognition: Publicise the deeds of outstanding employees through the Company's
ing and targeted empowerment, the Company builds a high-quality talent pool, empowering employee
online and of?ine channels.
growth and injecting continuous talent momentum into the enterprise's high-quality and sustainable
Absen Employee Bene?ts and Care System development.
During the reporting period, Absen achieved a 100% labour contract signing rate and a 100% social security Talent Development Strategy
coverage rate.
Absen explicitly focuses on three core strategies: Strategic Focus, Technology Leadership Strategy, and Talent
Strategy, driving the deep integration of talent development and business strategy.
Employee Communication
Strategic Focus
Absen highly values employee communication and employee voice, committing to building an open and trans-
Organisational Restructuring: In 2025, restructured business units by segmented scenarios, and established
parent employee communication system, facilitating open feedback channels, and listening to the true voices of
virtual organisations to precisely align with customer needs in speci?c segments.
employees.
Sales Capability Enhancement: Launched sales team capability enhancement projects, and hired external
lecturers to conduct targeted training.
HRBP Mechanism Open Email Channel Product-side Capability Building: Concentrated R&D resources; conducted special training for product manag-
The Company has established an HRBP mecha- The Company has established an open audit ers focusing on the product requirement collection phase.
nism, arranging HRBPs to be embedded in various email address, through which employees can
business departments, conduct regular communi- directly provide feedback on issues via email. Technology Leadership Strategy
cation with employees, accurately collect employ- The Company will conduct special veri?ca-
ees' opinions and demands regarding direct super- tions and handling of the feedback content. Requirement Collection End: Promote the transformation of overseas sales to consultative sales, focus on
visors, work arrangements, etc., and coordinate to enhancing product technology comprehension, and cultivate sales engineers.
handle or report upwards step by step in a timely
Requirement Realisation End: Deepen the core capabilities of product managers, focusing on cultivating their
manner.
requirements screening, identi?cation, and product de?nition capabilities.
Technology Realisation End: Cooperated with The Chinese University of Hong Kong, Shenzhen to establish a
postdoctoral innovation base. Introduced 3 postdocs in 2025, 2 of whom have onboarded and completed their
proposal defences.
New Employee Symposium
Value Transmission End: Focus on enhancing the capabilities of solution engineers, promoting them to become
The Company has optimised the feedback collection method for new employees by shifting from front-end market technology interpreters and solution designers.
online scoring to of?ine symposiums. Through face-to-face communication, accurately evaluate
new employees' onboarding feelings, training experiences, and development suggestions.
Talent Strategy
Talent Introduction: Launch core talent programmes, led by senior management, highlighting the priority of the
talent strategy.
Pipeline Building: Supplement the reserve of international sales management talents, and perfect the building
of the talent pipeline.
Main Employee Communication Channels at Absen
Absen Talent Development Strategy
Employee Training System
Focusing on core areas such as product knowledge,
The development of the Absen Zhen Ai Academy is rooted in Absen's long-term strategic investment in its talent Focusing on core areas such as LED display control
sales processes, and after-sales service, conduct
system. system technology, conduct product technical
new sales talent training. A total of 8 sessions of
talent training. A total of 252 people participated in
courses were conducted, 367 people participated in
online and of?ine training, 103 people participated
In 2010, the Company organised over 60 core employees in a systematic study of Peter Drucker's courses,
online and of?ine training and on-the-job practice,
in on-the-job practice, and the assessment pass
gaining a profound understanding that "management has its true essence and methods" and that "the
and the assessment pass rate was 100%.
rate was 98%.
essence of management is to stimulate human goodwill and potential". This realisation laid the ideological
foundation for the academy's development.
During the reporting period, employee training coverage reached 96.25%, with a total employee training investment
In 2019, the Company of?cially established the ?rst corporate university in the LED display industry—Absen
of RMB 9.6635 million. The training satisfaction score for product technical talents was 95, while that for sales
Zhen Ai University (later developed into Absen Zhen Ai Academy). Driven by the initial mission of "cultivat-
ing world-class entrepreneurs with a Chinese spirit", it focuses on key employees and emphasises "using talents was 96.
the best to develop the better".
Performance Management System
Since then, the Academy has continued to evolve, gradually deepening its mission to "cultivate business
talents with Absen genes", building a comprehensive cultivation system covering ?ve major colleges, and The Company continuously improves its comprehensive performance management system to effectively drive
linking with the Company's "Professional + Management" dual-channel promotion mechanism to provide employee engagement, ensure strategic execution and achievement of business goals, and provide support for
capability upgrade solutions for internal managers, core backbones, and technical talents. human resource decisions such as employee career development, remuneration, rewards, and punishments. The
Company uses PBC (Personal Business Commitment) and values assessment as quarterly assessment tools to
conduct comprehensive evaluations. The Company issued the 2025 Restricted Stock Incentive Programme
Its development process re?ects the continuous integration of modern management philosophies, growing from Assessment Management Measures, linking corporate and individual performance to serve as the basis for the
a single training carrier into a strategic talent empowerment platform covering internal certi?cation, global service vesting of restricted stocks.
standards, and supply chain co-construction.
Restricted Stock Incentive Programme
Senior level: Enhance overall management capabilities.
Hierarchical and In September 2025, Absen of?cially released the 2025 Restricted Stock Incentive Programme. This incen-
Middle level: Enhance the understanding and execution capabilities of strate-
Categorised tive programme intends to grant 12 million restricted shares, accounting for approximately 3.25% of the
Cultivation Company's total share capital. The ?rst grant covers a total of 216 incentive targets, including company
Grassroots level: Match training content and formats based on job quali?cations;
provide subsidies for key professional title evaluations and quali?cation certi?cates.
directors, senior management personnel, core management personnel, and core technical (business)
personnel. The assessment cycle covers the three accounting years from 2025 to 2027. This incentive
Learn: Design courses based on job quali?cations. programme aims to perfect the Company's long-term incentive mechanism, attract and retain
outstanding core talents, and align the interests of shareholders, the Company, and the core team.
Training and
Practise: On-the-job practice and mentorship.
Assessment
Closed Loop Assess: Course assessments, practical assessments, and debrie?ng evaluations.
Conducting Talent Review
Apply: Assessment results are linked to job quali?cation promotions.
The Company engaged external consulting ?rms to conduct the ?rst 360-degree talent assessment and
review covering all employees, marking a shift from subjective judgment to data-driven decision-mak-
Categorised Management: Categorise lecturers into practical and lecturing types.
ing. Based on the assessment results, the Company develops performance improvement or role transi-
Internal tion plans for underperforming employees, conducts targeted cultivation for high-potential talents, and
Dynamic Adjustment: Establish a two-way channel for lecturer promotion and
Lecturer demotion, evaluate from dimensions such as teaching data, course development, strengthens the talent pipeline.
and comprehensive performance, and optimise the lecturer team.
Development
Lecturer Incentives: Evaluate teaching quality from dimensions such as teaching
hours and teaching scores, and provide teaching remuneration for lecturers.
During the reporting period, the percentage of employees receiving regular performance and career development
reviews was 100%.
Absen Employee Development System
Occupational Health and Safety Work Safety Culture
Absen focuses on cultivating a culture of safe production. During the reporting year, the Huizhou Manufacturing
Base organised a total of 7 comprehensive or specialised drills covering ?re?ghting, ?ood emergency response,
Absen has established a systematic occupational health and safety management system, comprehen- special equipment incident response, chemical spills, food poisoning, electric shock ?rst aid, and environmental
emergencies. Concurrently, the Company actively delivered targeted safety training courses, covering various
sively strengthening the production safety defence line. We actively shape a safety culture with full partici-
topics such as ?re safety, chemical management, and machinery safety. We strictly implemented three-level
pation, deeply embedding safety concepts into the entire operation process, and safeguarding sustainable
safety training for newly onboarded personnel and organised monthly safety training for on-the-job personnel in
business growth and employee well-being.
workshops.
The Huizhou Manufacturing Base continuously handles occupational disease prevention and control well, regularly
Safety Management System conducting hazard monitoring on operational positions exposed to occupational hazard factors such as dust,
noise, and chemicals in the production process. For employees in positions with occupational hazards, the Com-
Absen strictly complies with relevant laws and regulations such as the Law of the People's Republic of China on the pany standardises the organisation of pre-employment, on-the-job, and off-the-job occupational health exam-
Prevention and Control of Occupational Diseases and the Work Safety Law of the People's Republic of China, inations.
formulating internal systems including the Production Safety Responsibility System, Safety Hazard Identi?cation
and Governance System, and Fire Safety Management System.
The Company has established a Work Safety Management Committee
and appointed a dedicated safety of?cer. We actively cascade the
signing of production safety responsibility commitments at all levels to
ensure the rigorous implementation of ?re safety, environmental safety,
and related initiatives.
Furthermore, the Company has established a safety risk hierarchical
control mechanism, formulating speci?c management systems such as
the Emergency Preparedness and Response Management Regulations
and the Accident and Incident Management Regulations. The Company
identi?es major safety risks such as ?re, poisoning, and electric shock,
establishing a list of high-risk locations and operational points, clearly
de?ning accountable departments and targeted control measures for
each site. This approach effectively mitigates risks at the source and
ISO 45001 Occupational Health and
elevates overall safety management standards. Fire Drill
Safety Management System Certi?cation
Production safety accidents: 0
Occupational disease incidence rate: 0
Environmental pollution accidents and environmental emergencies: 0
Fire accidents: 0
Chemical Spill Drill
Food poisoning accidents: 0
Quarterly work-related injuries: ≤1
A total of 137 safety hazards identi?ed throughout the year, with a safety hazard recti?cation rate of 100% During the reporting period, the Huizhou Manufacturing Base conducted safety onboarding training for 1,074 new
hires, organised 12 training sessions for current employees, achieved a 100% employee health examination rate, and
Total Recordable Incident Rate (TRIR) per million hours worked: 0.99
invested RMB 1.13 million in production safety.
Benevolent
Dedication,
Community
Wellbeing
Absen adheres to the philosophy of "people-ori-
ented, giving back to society", transforming
business achievements into social well-being
through the Absen Public Welfare Foundation and
continuous educational support initiatives. Absen
?rmly believes that corporate value lies not only in
creating wealth but also in inspiring goodwill and
sharing development achievements with the
community, building a bridge of responsibility
between the Company and society through tangi-
ble efforts.
Rural Revitalisation and Social Contributions
Warming the Hearts of Rural Elderly and Supporting Livelihood Care
Over the years, Absen has consistently paid attention to the rural development process. Relying on its public
Absen has long been dedicated to safeguarding the physical and mental health
welfare foundation, the Company consistently provides ?nancial and material aid to underserved regions,
and livelihood security of the elderly and retired workers in rural areas. In January
with a focus on supporting the development of rural education and the improvement of people's livelihoods. 2025, the Absen Public Welfare Foundation provided dedicated support for elderly
care initiatives in Dingren Village, distributing daily necessities, such as grain and
In the future, the Company will further integrate its business operations, making support for rural revitalisation and cooking oil, to residents aged 60 and above, as well as retired workers. The Compa-
ny also conducted on-site visits to care for the living conditions of the elderly
consolidating the expansion of poverty alleviation achievements a strategic focus. By empowering rural specialty
population, injecting strength into rural livelihood security with practical actions.
industries and promoting local employment, the Company aims to foster sustainable economic and social devel-
opment while ensuring healthy growth and continuous returns for investors.
Chairman Ding Yanhui personally
funded the establishment of the
donated RMB 314,600 to console
employees' families and reward The Absen Public Welfare Foundation
"Hongwei Public Welfare Foundation" Chairman Ding Yanhui led a team of 15 senior outstanding teachers and students of donated around RMB 1.1735 million to
executives to visit and survey 4 villages in Dingren Primary School and Xinzhuang support the educational development
named after a high school teacher,
with cumulative donations of RMB 3.11 Maojing Town, Huan County, Qingyang City, Middle School in Qingyang City, Gansu of Dingren Village Primary School and
million. Gansu Province, a designated assistance Province; The foundation plans to Xinzhuang Middle School in Qingyang
point of Longdong College, and issued higher donate RMB 1 million to the Education City, Gansu Province, the construction of
The Company's cumulative Ningxian No. 4 Middle School Gymnasi-
education grants to 14 outstanding graduates Bureau of Qingyang City, Gansu
donations to the Absen Public um, New Year's care in Dingren Village,
from the 4 local villages. Province (including RMB 800,000 for
Welfare Foundation reached RMB and condolences to employees and
Xinzhuang Middle School and RMB
Sponsored and participated in the Welfare Foundation donated RMB from Dingren Village Primary School
be paid over ten years.
large-scale public welfare documen- 290,900 to support the educational and 70 people from Xinzhuang Middle
tary The Chinese Dream - Public development of multiple schools School received bonuses; a total of 288
Welfare Journey of 100 Enterprises, and assist employees from elderly people in Dingren Village were
and launched a public welfare activity ?nancially disadvantaged families. comforted on New Year's Day; and the
themed "Caring for Left-behind public welfare charity activities
Children, Warm Winter Action in the bene?ted a total of 392 people.
Great Northwest."
Absen co-established the "Absen Promoted the development of urban The Absen Public Welfare Foundation The Absen Public Welfare Foundation
Class" with Longdong College in and rural education by setting up a donated RMB 430,800 to console donated RMB 271,000 to support the
Qingyang City, Gansu Province, reward fund for Dingren Primary School employees and their families, make Red educational development of Dingren
providing students with opportuni- and Xinzhuang Middle School in Cross donations, console the elderly Village Primary School and Xinzhuang
ties to get close to the business Qingyang City, Gansu Province, during the Mid-Autumn Festival in Middle School in Qingyang City, Gansu
environment. frequently rewarding outstanding Dingren Village, Qingyang City, Gansu Province, as well as for tree planting on
teachers and top students. Province, and support the educational the playground of Xinzhuang Middle
development of Xinzhuang Middle School, New Year's condolences in
School and Dingren Primary School in Dingren Village, and condolences to
Qingyang City, Gansu Province. employees' families.
Key Performance Indicators (KPI) Table Social KPIs
Environmental KPIs Indicator Unit 2025 2024 2023
Employee Structure
Indicator Unit 2025 2024 2023 Total number of employees Person 2,552 2,455 2,713
Energy Consumption By Region
Domestic (including HK, Macao, and Taiwan) Person 2,442 2,378 2,626
Total energy consumption MWh 27,595.03 26,918.85 27,129.31
Overseas Person 110 77 87
Energy consumption intensity MWh / million revenue 6.64 7.35 6.77
By Gender
Direct Energy Consumption
Total direct energy consumption Female Person 996 943 1,022
MWh 3,359.45 3,343.79 1,066.57
Direct energy consumption intensity Male Person 1,556 1,512 1,691
MWh / million revenue 0.81 0.91 0.27
Gasoline (mobile combustion) By Age
Liter 26,578.21 36,370.29 29,985.64
Self-generated renewable electricity 30 and under Person 952 961 1,077
MWh 3,127.02 3,025.73 804.34
Indirect Energy Consumption
Total indirect energy consumption MWh 24,235.58 23,575.06 26,062.74 51 and above Person 62 56 46
Indirect energy consumption intensity MWh / million revenue 5.83 6.44 6.51 By Rank
Purchased electricity MWh 24,235.58 23,575.06 26,062.74 Non-management Person 2,327 2,256 2,531
Greenhouse Gas (GHG) Emissions Management Person 225 199 182
Total GHG emissions tCO2e 12,918.81 12,590.23 13,895.91 By Employment Type
Full-time employees Person 2,552 2,455 2,713
Scope 1 tCO2e 59.41 81.30 67.03
Part-time employees Person 0 0 0
Scope 2 tCO2e 12,859.40 12,508.93 13,828.89
New Hire Structure
GHG emissions intensity tCO2e / million revenue 3.11 3.44 3.47
Total new hires Person 965 1,073 941
Water Resource Usage
Total water consumption Ton 136,981.70 152,979.20 151,687.50 By Region
Water consumption intensity Domestic (including HK, Macao, and Taiwan) Person 902 1,039 908
Ton / million revenue 32.94 41.77 37.86
Wastewater Discharge Overseas Person 63 34 33
By Gender
Total wastewater discharge Ton 130,183 146,561 144,907
Female Person 330 390 365
Total pollutants in water kg 7,764.10 11,556.33 6,237.45
Male Person 635 683 576
Chemical Oxygen Demand (COD) kg 2,994.20 7,550.61 5,207.32
kg 3,514.94 2,343.29 911.28 By Age
Suspended solids
Ammonia nitrogen kg 1,252.36 1,640.30 116.25
Total phosphorus kg 2.60 22.13 2.60
Exhaust Gas Emissions
kg 2,292.84 3,785.72 2,650.01 By Rank
Particulate matter
Non-management Person 941 1,064 919
Volatile Organic Compounds (VOCs) kg 461.67 929.66 3,963.16
Solid Waste Management Person 24 9 22
kg 375,242.00 334,062.00 368,984.00 By Employment Type
Total general production waste
Full-time employees Person 965 1,073 941
Recyclable kg 323,423.00 302,099.00 326,068.00
Part-time employees Person 0 0 0
Non-recyclable kg 51,819.00 31,963.00 42,916.00
Employee Turnover Rate
Total hazardous waste kg 746.00 434.00 298.00
Employee turnover rate % 25.07 35.02 33.67
Notes:
By Region
Domestic (including HK, Macao, and Taiwan) % 25.30 35.26 34.05
Manufacturing Base, as well as self-generated renewable electricity consumption by the Huizhou Manufacturing Base. The conversion coef?cient for standard coal
is derived from the General Principles for Calculation of the Comprehensive Energy Consumption (GB/T 2589-2020). Overseas % 19.71 26.67 19.44
Climate Change (IPCC) and the IPCC Sixth Assessment Report. Scope 2 GHG emissions calculation refers to the 2023 national average grid emission factor for
electricity published by the Ministry of Ecology and Environment and the National Bureau of Statistics.
Female % 22.61 31.96 32.14
Male % 26.57 36.79 34.56
water consumption at Shenzhen Absen Optoelectronic Co., Ltd.
Shenzhen Stock Exchange Guidelines Index
Correspond-
Indicator Unit 2025 2024 2023 Dimension No. Topic ing Clause Chapter Index Page Index
By Age Product and Technological Innovation P25-P36
Articles Responding to Climate Change P53-P54
Response
Environmental KPIs P73
By Rank
Non-management % 25.56 36.75 34.90 Pollutant and Waste Management P56
Management % 19.64 5.69 9.90 Environmental KPIs P73
Employee Rights and Bene?ts Ecosystem and
Environmental 4 Articles 32 Ecosystem and Biodiversity P57
Total employees taking maternity and paternity leave Person 51 Biodiversity Protection
Female Person 41 29 28 Environmental Compli-
Male Person 20 20 23 ance Management
Employees returning to work in reporting period after leave Person 55 46 50 Energy Management P55
Female Person 35 26 27 Environmental KPIs P73
Male Person 20 20 23 Water Resource Management P56
Employees returning to work and still employed after 12 months Person 55 38 39 Environmental KPIs
Female Person 35 23 23
Circular Economy P58
Male Person 20 15 16 Environmental KPIs P73
Female % 85.37 89.66 96.43
Return-to-work Rural Revitalisation and
rate after leave 9 Rural Revitalization Articles 39 P71-P72
Male % 100 100 100 Social Contributions
Female % 85.37 79.31 82.14
Retention rate after leave Rural Revitalisation and Social Contributions P71-P72
Male 10 Social Contribution Articles 40
% 100 75 69.57 Social KPIs P74-P75
Employee Training and Development
Percentage of employees receiving regular performance and % 100 100 100 11 Innovation-driven Development Articles 42 Product and Technological Innovation P25-P36
career reviews
Number of training sessions conducted Session 222 257 298
Training investment RMB 10,000 966.35 565.22 335.34 12 Ethics of Science and Technology Articles 43 Product and Technological Innovation P36
Average training hours per employee Hour 25.3 23.6 16.65
Social
Employee training coverage rate % 96.25 95.75 95 13 Supply Chain Security Articles 45 Supply Chain Management P45-P48
Occupational Health & Safety (Huizhou Manufacturing Base)
Employee health examination rate % 100 100 100 14 Equal Treatment of SMEs Articles 46 Supply Chain Management P45-P48
Fatality rate due to work-related injuries % 0 0 0
Product and Service
High-consequence work-related injury rate % 0 0 0 15 Articles 47 Product and Service Safety and Quality P36-P44
Safety and Quality
Recordable work-related injury rate % 0.99 0.47 0.42
Data Security and Customer
Number of recordable work-related injuries Case 4 2 2 16 Articles 48 Information Security and Privacy Protection P48-P50
Privacy Protection
Days lost due to work-related injuries Day 170 37 113
Employee Rights and Bene?ts P61-P63
Investment in production safety RMB 10,000 113 117 135 17 Employees Articles 50 Employee Training and Development P64-P66
Community Participation Occupational Health and Safety P67-P68
Public welfare donation amount RMB 1,173,452 270,967 290,867.7 18 Due Diligence Articles 52 Supply Chain Management P45-P48
Number of bene?ciaries from public welfare Person 392 403 142
Stakeholder Engagement ESG Management P12-P14
Sustainable 19 Articles 53
Notes: Enhancing Corporate Governance P17-P18
category at the end of the reporting period + Number of turnovers in that category during the reporting period). Governance Anti-commercial bribery and
Anti-corruption
previous reporting period * 100. Fair Competition Business Ethics P21-P22
worked * 1,000,000.
GRI Standards Index
Absen has reported the information for the period from January 1, 2025 to December 31, GRI Standard Disclosure Chapter Index Page Index
Usage Instruction 2025 in accordance with the GRI Standards
GRI 204: Procure-
GRI Used GRI 1: Foundation 2021 ment Practices 2016
Business Ethics
GRI 205: Anti-cor- anti-corruption policies and procedures
GRI Standard Disclosure Chapter Index Page Index ruption 2016
Business Ethics P21-P22
actions taken
Business Ethics P21-P22
sustainability reporting About This Report
petitive Behaviour behaviour, anti-trust, and monopoly practices
About Us P7-P10 GRI 301:
Materials 2016
business relationships P12-P14 301-3 Reclaimed products and their packaging materials Circular Economy P58
ESG Management
GRI 302:
governance body Enhancing Corporate Governance 302-4 Reduction of energy consumption Energy Management P55
overseeing the management of impacts Enhancing Corporate Governance
GRI 2: General 2-14 Role of the highest governance body Enhancing Corporate Governance P17-P18 GRI 303: Water
Disclosures 2021 in sustainability reporting and Ef?uents
ESG Management P12-P14 2018
Business Ethics
Ecosystem and Biodiversity
Biodiversity 2016 and services on biodiversity
governance body Enhancing Corporate Governance
Enhancing Corporate Governance
highest governance body
Chairman’s Statement P3-P4 GRI 305:
development strategy ESG Management P12-P14 Responding to Climate Change P53-P54
Environmental KPIs P73
ESG Management Pollutant and Waste Management P56
raising concerns 306-1 Waste generation and signi?cant waste-related impacts
GRI 306：
Waste 2020
GRI 3: Material
Topics 2021 3-2 List of material topics ESG Management P12-P14
GRI 201: Economic and opportunities due to climate change Responding to Climate Change P53-P54 306-5 Waste directed to disposal
Performance 2016 201-3 De?ned bene?t plan obligations and
Employee Rights and Bene?ts P61-P63 308-1 New suppliers that were screened using
other retirement plans GRI 308：Supplier Supply Chain Management P45-P48
GRI 203: Indirect Rural Revitalisation and Social Contributions P71-P72 Environmental
services supported 308-2 Negative environmental impacts in the
Economic Impacts Assessment 2016 P45-P48
supply chain and actions taken Supply Chain Management
GRI Standard Disclosure Chapter Index 页码索引
Page Index
GRI 401：
Employment 2016 Employee Rights and Bene?ts
not provided to temporary or part-time employees
Occupational Health and Safety P67-P68
system
Occupational Health and Safety
incident investigation
communication on occupational health and safety
GRI 403：Occupation- 403-5 Worker training on occupational health and
al Health and Safety Occupational Health and Safety P67-P68
safety
Occupational Health and Safety
safety impacts directly linked by business relationships
Occupational Health and Safety
safety management system
Employee Training and P64-P66
Development
Social KPIs P74-P75
GRI 404：Training
and Education 2016
transition assistance programs Development
performance and career development reviews Development
Enhancing Corporate P17-P18
GRI 405：Diversity and Governance
Equal Opportunity 2016
Employee Rights and Bene?ts P61-P63
GRI 406：Non-dis- 406-1 Incidents of discrimination and corrective P61-P63
Employee Rights and Bene?ts
crimination 2016 actions taken
Supply Chain Management
GRI 414：Supplier criteria
Social Assessment 2016
actions taken
GRI 416：Customer of product and service categories and Quality
Health and Safety 2016
health and safety impacts of products and services and Quality
and labelling and Quality
GRI 417：Marketing 417-2 Incidents of non-compliance concerning product Product and Service Safety P36-P44
and Labelling 2016 and service information and labelling and Quality
marketing communications and Quality
GRI 418：Customer 418-1 Substantiated complaints concerning breaches Information Security and
P48-P50
Privacy 2016 of customer privacy and losses of customer data Privacy Protection
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