国联股份: 北京国联视讯信息技术股份有限公司2024年可持续发展报告(英文版)

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CONTENTS                                                                                     Executive Summary
Executive Summary
About the Report                          01
                                                                                             About the Report
Message from the Chairman                 03
                                               Sustainable Development (ESG)
About Us                                  05   Management
                                               ESG Strategic Positioning                07
                                               ESG Management Structure                 08
                                               Due Diligence & Stakeholder Engagement
                                                                                             Report Information Disclosure
                                                                                             This report is the second Sustainability Report released by Beijing United Information Technology Co., Ltd. (hereinafter referred to
                                               Key Findings of Materiality Assessment   11
Corporate Governance                                                                         as "Beijing United", "the Company", or "we"). It outlines the Company’s sustainability philosophy and policies, as well as its efforts in
and Sound Operation
Corporate Governance Structure            15
                                                                                             expectations and concerns of stakeholders, demonstrating our commitment to sustainable development and transparent communi-
Business Ethics & Anti-Corruption         18
                                                                                             cation.
Regulatory Compliance & Risk Management   20   Climate Action and
                                               Green Synergy
Intellectual Property Protection          22
                                               Addressing Climate Risks                 25
                                                                                             Reporting Period
                                               Environmental Management System          28
                                                                                             The report covers the period from January 1, 2024, to December 31, 2024. To maintain information continuity, certain content has
                                               Deep Green Operations & Circular Economy 29
                                                                                             been retrospectively reviewed and extended. All information is sourced from internal company data and public records.
                                               Low-Carbon Transition Enablement         31
                                               Ecological Conservation                  32
Data Innovation
and Quality Service                                                                          Reference Standards
Technological Innovation                  35
Tech Ethics & Algorithm Governance        41                                                 ·GRI Sustainability Reporting Standards (GRI Standards 2021) issued by Global Sustainability Standards Board (GSSB)
Data Security & Privacy Protection        42    Partnerships & Social                        ·Shanghai Stock Exchange Listed Company Self-Regulatory Guidelines No. 14 – Sustainability Reporting (for Trial Implementation)
Service & Product Excellence Commitment   44    Responsibility                               ·Shanghai Stock Exchange Listed Company Self-Regulatory Guide No. 4 – Preparation of Sustainability Reports
                                                Responsible Supply Chain                49
                                                                                             ·Recommendations of the Task Force on Climate-related Financial Disclosures released by Task Force on Climate-related Financial
                                                Social Welfare & Volunteerism           52
                                                                                             Disclosures (TCFD)
                                                Advancing Green Practices
                                                                                             ·United Nations 17 Sustainable Development Goals (SDGs)
Employee Employment and                                                                      Access Methods
                                                Appendix
Career Development
                                                                                             This report is published in both Chinese and English versions and made available to the public in electronic format. You are invited to click on
Employee Development                      59    Quantitative Performance Dashboard      71
                                                                                             the Company's official website (https://www.ueiibi.com) to access and download the reports, as well as to learn more relevant information.
Health & Safety                           67    Report Index                            73
              Beijing United Information Technology Co.,Ltd
Message from the Chairman
                                                              Liu Quan
                                                              Chairman
                                                              Beijing United Information Technology Co., Ltd.
Dear Beijing United’s shareholders, partners, and all other friends:
The year 2024 marks a pivotal moment for the deep integration of the digital economy with the real economy, and a significant            tems and green office initiatives enabled precise control over operational energy consumption. Externally, our "digital technology +
year for Beijing United as we deepen our presence in the industrial internet sector and advance sustainable development. Con-            digital factory" model empowered SMEs in their green transition, catalyzing carbon reduction across production, logistics, and ser-
fronted with the transformative opportunities of global industrial evolution and the era of "dual carbon", we remain steadfast in our    vice chains. Innovating in supply chain ESG management, we embedded sustainability standards into supplier selection and collab-
strategic core of "platform services, technology-driven innovation, and data empowerment." We have embedded ESG principles               oration processes. Through blockchain traceability and intermodal emission reduction, we built a green industrial community span-
into our development, continuously exploring technological innovation, ecological synergy, and green transformation to contribute        ning upstream and downstream partners, ensuring our growth delivers tangible environmental value.
Beijing United’s strength to industrial upgrading and societal progress.
                                                                                                                                         This year, we took responsibility as our canvas to write a new chapter in governance and talent development. We refined our sus-
This year, we wielded technology as our brush to paint a new vision of industrial digitalization. Leveraging our technological matrix,   tainable governance framework, incorporating ESG metrics into executive evaluations to ensure strategic execution and sustainabil-
the Ibisaas.com empowered over 30,000 industrial enterprises. Through digital twin factories, we enhanced production efficiency          ity move in unison. In talent cultivation, the "Beijing United Academy" metaverse training platform created immersive digital skills
and optimized energy consumption, earning recognition as a "chain-style" digital transformation model case by the Ministry of            classrooms, while our diverse and inclusive culture ignited innovation. We firmly believe that robust governance and exceptional
Industry and Information Technology. Our smart warehousing and intermodal transport solutions were efficiently deployed along            talent are the bedrock for navigating cycles and the core engine for creating shared value.
the Belt and Road routes. Digital cloud warehouses, powered by IoT and algorithmic optimization, significantly shortened supply
chain cycles, extending the benefits of digital trade to more partners. Upholding technological ethics, we strengthened algorithmic      Looking ahead, Beijing United will continue its mission to "drive cost reduction and efficiency enhancement in traditional indus-
fairness reviews and data security mechanisms, driving more transparent and efficient industrial collaboration through responsible       tries," deepening our commitment at the intersection of the digital economy and green transition. We will embrace technological
innovation.                                                                                                                              change with greater openness, advance "dual carbon" goals with stronger resolve, and give back to society with deeper purpose.
                                                                                                                                         Together with all stakeholders, we will navigate the new frontiers of industrial internet and jointly compose a magnificent blueprint
This year, we used collaboration as our ink to outline a new green, low-carbon ecosystem. Beijing United actively responded to           for the digital economy and sustainable development!
global climate imperatives, integrating climate governance across our entire value chain. Internally, smart energy management sys-
                                                                                                                                         Thank you for your trust and partnership!
               Beijing United Information Technology Co.,Ltd
About Us                                                                                                                                                                                                      Industrial e-commerce
                                                                                                                                                                                                                    Duoduo
                                                                                                                                                                                                                                           nd
                                                                                                                                                                                                                                             Le
                                                                                                                                                                                                                                              us
                                                                                                                                                                                                                  e-commerce
                                                                                                                                                                                                                                                 try
                                                                                                                                                                                                                                                 ad
Corporate Profile
                                                                                                                                                                                                        ion
                                                                                                                                                                                                                                                   E- cub
                                                                                                                                                                                                  igh n
                                                                                                                                                                                                                                                                                             Preferential purchase
                                                                                                                                                                                              ins actio
                                                                                                                                                                                                                                                     ge
                                                                                                                                                                                                                                                     ins
                                                                                                                                                                                                                                                     co at
                                                                                                                                                                                                                                                      in
                                                                                                                                            Steady large orders
                                                                                                                                                                                                     ts
                                                                                                                                                                                                    rat
                                                                                                                                                                                                                                                                                                    prices
                                                                                                                                                                                                                                                         ne
                                                                                                                                                                                                                                                         mm ion
                                                                                                                                                                                                                                                         igh n
                                                                                                                                                                                                                                                          Cu ickin
                                                                                                                                                                                           kin er
                                                                                                                                                                                                ene
                                                                                                                                                                                                 ns
                                                                                                                                                                                                                                                            rat
                                                                                                                                                                                               ess
                                                                                                                                                                                                                                                            st
                                                                                                                                                                                       stic stom
                                                                                                                                                                                                                                                             ts
                                                                                                                                                                                                                                                             sto es
                                                                                                                                                                                                                                                              erc
                                                                                                                                                                                             Tra
                                                                                                                                                                                                                                                                i
                                                                                                                                                                                           dg
                                                                                                                                                                                                                                                                 o
Established on September 6, 2002, Beijing United Information Technology Co., Ltd. (stock code: 603613.SH) was listed on the main
                                                                                                                                                                                                                                                                  me
                                                                                                                                                                                                                                                                   e
                                                                                                                                                                                        Cu
                                                                                                                                                                                       Lea
                                                                                                                                                                                                                                                                     r
                                                                                                                                                                                                                                                                             Downstream
board of A-share market of the Shanghai Stock Exchange ("SSE") on July 30, 2019.
                                                                                                                                                                         Suppliiers
                                                                                                                                                                                                                                                                              customers
                                                                                                                                          Industrial chain-based                                                                                                                            Industrial chain-based
                                                                                                                                           value-added services                                                                                                                              value-added services
Focusing on the main business of business-to-business ("B2B") digital commerce and industrial Industry platforms, the Company,
                                                                                                                                                                                                                                             Ibicn.com
based on industrial e-commerce and supported by industrial big data, provides online commodity trading of industrial products and                                                           Ibisaas.com                                                                                         Cost reduction
                                                                                                                                             Cost reduction                                                                                                                                   and performance
                                                                                                                                           and performance                                                                                                                                 improvement with digital
raw materials, business information services, and digital technology services for related industry customers.                           improvement with digital                                                    Customer                                                                     technologies
                                                                                                                                              technologies                               Digital technology                            Business information
                                                                                                                                                                                              services              stickiness               services
                                                                                                                                                                                                                 Industry insights
Vision and Mission                                                                                                                                                                                               Lead generation
                                                                                                                                             Information                                                           Transaction                                                                Digitalization
                                                                                                                                                                                      Closed-loop business model of "information + transaction + service"
  Strategic
                                       Platform Services, Technology-Driven Innovation, and Data Empowerment
    Core
                                                                                                                                        Development Strategy
  Strategic
                                       Building an Industrial Digital Ecosystem with Platform, Technology, and Data
   Vission
                                                                                                                                        Beijing United closely aligns with national strategic priorities in the digital economy, industrial e-commerce, industrial internet, and
                                                                                                                                        innovative supply chain applications. Anchored in integrating, transforming, and upgrading traditional industries, the Company
                                                                                                                                        vigorously implements its B2B e-commerce and industrial internet development strategy. This centers on industrial e-commerce
  Strategic
                                       Industrial Internet Development Strategy Centered on Platform, Technology, and Data              platforms as the core growth vector, leverages industrial information services and digital technology capabilities as Dual Engines,
 Positioning
                                                                                                                                        and is propelled by a nationwide marketing infrastructure—collectively accelerating the rapid expansion of core business operations.
                                                                                                                                                                                Industrial Internet Development Strategy
  Mission                             Driving Cost Efficiency Enhancement in Traditional Industries                                                                               Centered on “Platform, Science and
                                                                                                                                                                                          Technology, and Data”
                                                                                                                                                                                                                                    E-commerce            Intelligent    Digital factory     Industrial Internet
                                                                                                                                                                   Strategic                                    Platform             transaction        supply chain      production            connection
                                                                                                                                    Platform-based services       Positioning                                                           needs          delivery needs        needs                 needs
                                                                                                                                    science and technology
                                                                                                                                      driven development
                                                                                                                                          data support
                                                                                                                                                                                                                  Science                                                   Production
Business Layout
                                                                                                                                                                                                                                    Transaction         Supply chain                             Industrial
                                                                                                                                                                                                                    and                                                   and operation
                                                                                                                                                                                                                technology          digitalization      digitalization     digitalization      digitalization
The Company comprehensively implements its Industrial Internet development strategy centered on Platform Services, Technolo-
gy-Driven Innovation, and Data Empowerment. The Company executes the "One Body with Two Wings" operational approach: the                                                                                                                                                  Production
                                                                                                                                                                                                                  Data           Transaction big        Supply chain
                                                                                                                                                                                                                                                                         and operation
                                                                                                                                                                                                                                                                                                  Industrial
                                                                                                                                              Strategic                                                                               data                big data                                big data
Body drives rapid expansion of transaction scale and platform influence through Duoduo E-commerce, while the Wings propel                      Focus
                                                                                                                                                                                          Strategic                                                                        big data
                                                                                                                                                                                           Vision
enhanced integrated information services via Ibicn.com and strengthened digital technology capabilities through Ibisaas.com. Sup-                                                                                                                                              Strategic development stage
                                                                                                                                                Building the Industrial Digital Ecosystem                              Industrial
ported by proactive nationwide marketing system development, efficient R&D capabilities, and standardized management                                                                                                    Internet
                                                                                                                                           with “Platform, Science and Technology, and Data”                          Ecosystem
                                                                                                                                                                                                                                                     Development strategy of Beijing United
enhancement, the Company achieves sustained and rapid business growth.
             Beijing United Information Technology Co.,Ltd
Major Honors — Rating Performance                                                                                                                 Fengtai District People’s Government
                                                                                                                                                         of Beijing Municipality
                                                                                                                                                                                                                                  Fengtai District People’s Government
                                                                                                                                                                                                                                         of Beijing Municipality
                                                                                                                                                Fengtai Development Partner Chain - leader Unit,                                  Case Studies of Innovative Achievements
                                                                                                                                                Tu Duoduo, was awarded the "Market Entity with                                        in the "Two Zones" Construction
     ESG Ratings                                                                                                                                Prominent Contributions to Fengtai District".
                                                                                                                                                                                                                                              in Beijing in 2024
                                                                                                                       SynTao Green
      Agencies                                        QuantData    Wind                      CCXI
                                                                                                                          Finance                        Guiyang Big Data Exchange
                                                                                                                                                                                                                                    Beijing Cyberspace Administration
                                                                                                                                  -                 2023-2024 Outstanding Data Provider
       Ratings                                               AA    BBB                         BB                             A                                                                                                     Beijing National Digital Literacy and
                                                                                                                                                                                                                                             Skills Training Base
     Passive Index                                                                                                                          Awards and Recognitions of Subsidiaries and Affiliated Companies
                                                                                                                                                       Beijing Municipal Science and                                               Fengtai District People’s Government
     Index Code                                       000510.SH             930651.CSI                                  930625.CSI                                                                                                        of Beijing Municipality
                                                                                                                                                          Technology Commission
                                                                                                                                                                                                                                   Tu Duoduo, was awarded the Market Entity
                                                                                                                                                         Tu Duoduo was listed in the
                                                                          CSI Computer                           CSI Shanghai-Hong Kong-                China Unicorn Enterprises List.                                                with Prominent Contributions.
     Index Name                                  CSI A500 Index
                                                                          Theme Index                             Shenzhen Internet Index
     Index Code                                      h30318.CSI             931378.CSI                                   999102.SSI         Beijing United’s subsidiaries shone at the "2024 China Industrial Internet TOP 10 Enterprises in Vertical Segments" awards co-hosted
                                                                                                                                            by Industrial Internet Panorama and B2B Neican, securing multiple honors:
                                                        CSI TMT            AH Economic                                S&P China ESG
     Index Name                                        150 Index          Expansion Index                              Leaders Index                                                                                                       Beijing United
                                                                                                                                                                       CNAUTO                                                              Cross-Border
     Social Awards                                                                                                                          2024 Top 10 Enterprises in Construction Machinery Industrial Internet
                                                                                                                                                                                                                                   Electronics Industrial Internet
              All-China Federation of                                                            All-China Federation of
             Industry and Commerce                                                              Industry and Commerce
                                                                                                Private Service Enterprises
             Ministry of Commerce of                                                              Beijing Federation of                                Packaging & Printing Industrial Internet                                   Component Industrial Internet
          the People’s Republic of China                                                        Industry and Commerce
      Supply Chain Innovation and Application                                             Top 100 Exemplary in Social Responsibility
                                                                                                                                                                      Fei Duoduo                                                        Liangyou Duoduo
 Ministry of Industry and Information Technology
        of the People’s Republic of China,                                                                                                   2024 Top 10 Enterprises in Agricultural Materials, Agricultural                  2024 Top 10 Enterprises in Agricultural
   the People's Government of Anhui Province                                              China Light Industry Internet Center
                                                                                                                                                 Service & Agricultural Technology Industrial Internet                              Product Industrial Internet
            Selected as a Typical Case of
                                                                                      China's Light Industry Digital Transformation
         "Chain-Type" Digital Transformation
                                                                                       Urgently Needed Technology "Unveiling and
             for Two Consecutive Years
                                                                                            Commanding" Solutions in 2024
                    B2B Neican,                                                                                                                                       Tu Duoduo                                                          Yixie Duoduo
           Industrial Internet Panorama                                                       Alliance of Industrial Internet
            Internet TOP 10 Enterprises
              Beijing United Information Technology Co.,Ltd
Sustainable Development                                                                                                               ESG Management Structure
(ESG) Management                                                                                                                      As a leading enterprise in the digital economy, industrial e-commerce, and industrial internet sectors, the Company actively sup-
ESG Strategic Positioning
                                                                                                                                      ports the United Nations' 2030 Agenda for Sustainable Development by ESG principles into every aspect of its operations, ensuring
                                                                                                                                      the effective implementation of its sustainable development philosophy.
                                                                                                                                      The Company's Board of Directors has established several specialized committees, including the Strategy Planning & ESG Com-
                                                                                                                                      mittee, Nomination Committee, Audit Committee, and Remuneration Committee. Among these, the Strategy Planning & ESG
The Company, in line with its business characteristics and development situation, set nine long-term strategic courses as its stra-   Committee is responsible for formulating the Company’ s ESG strategies and policies, overseeing their execution, addressing key
tegic positioning of ESG from the three dimensions of environmental (E), social (S) and governance (G). Each small gear will drive    ESG-related challenges, and providing expert support and recommendations for ESG decision-making. In 2024, the Company
the corresponding large gear, and the coordinated operation of the three large gears will drive the sustainable development of the    further enhanced the effectiveness of its ESG governance framework by collaborating with more functional departments and busi-
                                                                                                                                      ness teams to refine ESG management practices. It achieved multiple innovations in advancing dual-carbon strategies, upgrading
Company.
                                                                                                                                      green operations, and promoting sustainable development concepts across the industrial chain. Additionally, we actively studied
                                                                                                                                      the latest sustainability policies and guidelines. Grounded in the principle of financial materiality, it improved ESG data collection
                                                                                                                                      and disclosure processes, deeply embedded ESG management into core business operations, and progressively refined its ESG
                                                                                                 Employee
                                                                           Green                 happiness                            performance indicator system.
                                                                          factory
                   Green
                  operation                                                                                      Industrial
                                                                                                                 empower-
                                                                                                                   ment                        Decision-making                                        Management                                            Execution
                                                                                                                                                     level                                               level                                                level
                                                E                                                            S
                                                                                                                                               Board of Directors            Work report
                                                                                                                                                                                                    The Management
                                                                                                                                                                                                                             Work report                ESG Working Group
                                                                                                                                               Strategic Planning           Decision-making                                                           Functional departments
                                                                                                                                               & ESG Committee              and supervision                                  Management
                                                                                                                                                                                                                           and coordination
                           ESG
                         manage-
                                                               G                                  Talent
                                                                                                 develop-
                                                                                                  ment
                                                                                                                 People's
                                                                                                                 wellbeing
                                                                                                                                                                                      ESG Management Structure of Beijing United
                          ment                                                      Corporate
                                                                                    governance
                                                                Digital
                                                              transfor-
                                                               mation
               Beijing United Information Technology Co.,Ltd
Materiality Assessment Process                                                                                                                  Due Diligence and Stakeholder Engagement
Double Materiality Analysis constitutes the core methodology for Beijing United in compiling annual sustainability reports, formu-              Beijing United' social responsibility stakeholders encompass shareholders/investors, customers, suppliers, employees, government/-
lating long-term ESG strategic objectives, and engaging with stakeholders. By integrating financial materiality and impact material-            regulators, and communities.
ity dimensions, the Company has developed its ESG issue inventory through rigorous alignment with the following frameworks:
Shanghai Stock Exchange Listed Company Self-Regulatory Guidelines No. 14 – Sustainability Reporting (for Trial Implementation),                    Stakeholder Group          Communication Channels                   Key Concerns                        Company Responses
Shanghai Stock Exchange Listed Company Self-Regulatory Guide No. 4 – Preparation of Sustainability Reports, UN Sustainable Devel-
                                                                                                                                                                                                               Data Security & Customer Privacy          Strengthen Data Encryption
opment Goals (SDGs), GRI Universal Standards 2021, ISO 26000, SASB industry-specific topics, and ESG rating systems from                                                        Shareholders' Meetings
MSCI, China Securities Index (CSI), and Wind.                                                                                                                                                                  Energy Utilization                        Optimize Energy Structure
                                                                                                                                                                                Investor Relations Website
                                                                                                                                                                                                               Product/service Safety & Quality          Strict Quality Control
                                                                                                                                                                                Earnings Conference
                                                                                                                                                  Shareholders/Investors                                       IP Protection                             Improved IP Protection
                                                                                                                                                                                Analyst Meetings
                                                                                                                                                                                                               Environmental Compliance                  Enforce Green Management
                                                               The Company conducts risk analysis focusing on factors impacting future
                                                                                                                                                                                Brokerage Conferences          Management
  Corporate Value                                              revenue and production costs, aligned with industry characteristics and
                                                                                                                                                                                                               Climate Change Response                   Advance Carbon Neutrality
   Chain Analysis                                              technological trends. It performs due diligence for key stakeholders including
                                                               shareholders/investors, customers, government/regulators, employees, and
                                                                                                                                                                                Telephone Conferences          Data Security & Customer Privacy          Enhance Data Encryption
                                                               suppliers/partners.
                                                                                                                                                                                Emails                         Product/service Safety & Quality          Strictly Control Service Standards
                                                                                                                                                                                Customer Visits                Supply Chain Security                     Audit Supply Chain Security
                                                                                                                                                                                Online Meetings                Innovation-Driven Development             Maintain Continuous Innovation
                                                                                                                                                        Customers
                                                                                                                                                                                Annual Conferences             Environmental Compliance                  Comply with Environmental
                                                               With reference to international and domestic sustainability standards, we                                                                       Management                                Regulations
 Development of                                                                                                                                                                 Customer Surveys               Climate Change Response                   Advance Carbon Neutrality
                                                               have established a comprehensive ESG issues inventory comprising 26 items,
 Materiality Matrix
                                                               categorized as follows: 8 environmental issues, 13 social issues, and 5
                                                                                                                                                                                Telephone Conferences          Supply Chain Security                     Strengthen Risk Assessment
                                                               sustainable governance issues.
                                                                                                                                                                                Emails                         Energy Utilization                        Green Energy Transition
                                                                                                                                                                                On-Site Visits                 Product/service Safety & Quality          Ensure Product Quality
                                                                                                                                                        Suppliers
                                                                                                                                                                                Supplier Conferences           Environmental Compliance                  Carry Out Green Management
                                                                                                                                                                                                               Management
                                                                                                                                                                                Online Platform Meetings       Climate Change Response                   Advance Carbon Neutrality
       Materiality                                             Regarding impact materiality, the Company adopted the three-factor FMEA
      Assessment                                               (Failure Mode and Effects Analysis) model. This involved quantifying impact                                      Internal Emails                Labor Rights and Employee Benefits        Enhance Employee Benefits
     and Validation                                            significance across four dimensions—scale, scope, irremediability, and                                           Staff Meetings                 Employee                                  Protect Labor Rights
                                                               likelihood—with subsequent calculation of the Risk Priority Number (RPN)
                                                                                                                                                                                Online Meetings                Innovative Digital Services               Optimize Service Processes
                                                               through multiplicative aggregation.                                                     Employees
                                                                                                                                                                                Employee Suggestion Boxes      Anti-Bribery and Anti-Corruption          Eliminate Commercial Bribery
                                                                                                                                                                                Government Reports              Data Security & Customer Privacy         Strengthen Data Protection
Regarding financial materiality, we incorporated short-term, medium-term, and long-term time horizons, applying weighted scoring                                                Regulatory Meetings             Energy Utilization                       Optimize Energy Use
to financial impacts across different time periods to derive a comprehensive financial materiality score.                                                                       Policy Consultations            Environmental Compliance                 Enforce Strict Environmental
                                                                                                                                                 Government/Regulators                                          Management                               Standards
                                                                                                                                                                                Compliance Reviews              Anti-Bribery and Anti-Corruption         Eliminate Commercial Bribery
                                                                                                                                                                                Industry Seminars               Labor Rights and Employee Benefits       Enhance Employee Benefits
    Materiality                                                The Company developed a materiality matrix based on the issue evaluation                                                                                                                  Conduct Regular Donations
 Disclosure Report                                                                                                                                                              On-Site Activities              Rural Revitalization
                                                               results, obtaining a prioritized ranking of ESG issues. For high-materiality                                                                                                              and Support
                                                               topics, the report provides enhanced disclosure.                                                                 Online Exchanges                Public Welfare and Charity               Organize Periodic Donation
                                                                                                                                                      Communities                                                                                        Activities
                                                                Beijing United Information Technology Co.,Ltd
Key Findings of Materiality Assessment                                                                                                                                                                           Materiality Matrix
                                                                                                                                                                                                                         Quadrant          Composite Ranking          Material Topics             Topic Categorization
In 2024, the Company continued to identify sustainability issues and conduct materiality assessment and prioritization. The report
discloses and responds to the management and performance of all 26 identified issues, with key focus areas including innovation-driven                                                                                  1 Core Issues            1             Innovation-Driven Development             Social
development, corporate governance, supply chain security, product/service safety and quality, intellectual property protection, and
climate change response.                                                                                                                                                                                                1 Core Issues            2                 Corporate Governance               Governance
                                                                                             Beijing United’s Materiality Assessment Results                                                                            1 Core Issues            6               Climate Change Response             Environmental
     Significance in Economic, Social, and Environmental
                                                                  Not Important                                                                                                                 Very Important
                                                                                                                            Significance in Corporate Financial Performance
                                                                                                                Environmental                 Social                   Governance
Corporate Governance
and Sound Operation
Corporate governance plays a pivotal role in the Company’s devel-
opment. We have established a comprehensive governance frame-
work where the Shareholders' Meeting, Board of Directors, and
Supervisory Committee each fulfill their distinct responsibilities to
ensure scientific decision-making and effective oversight. The
Company prioritizes information disclosure to maintain transparency,
keeping shareholders and the market promptly informed of opera-
tional developments. Regarding internal controls, we continuously
optimize our systems to mitigate risks, safeguard asset security and
operational compliance, while implementing rational incentive
mechanisms to motivate employees and drive business expansion.
This sound corporate governance framework provides a solid
foundation for the company's steady progress in e-commerce and
industrial internet sectors, powerfully advancing sustainable devel-
opment.
  The Company held      8 board meetings, 2 shareholders' meetings,
  and    8 supervisory committee meetings in 2024.
  As of the end of 2024, independent directors accounted for
  sented 22.2% of board membership.
  The Company received approximately     70 media outlets and a total
  of about    390     institutional investors; it responded to207
  inquiries on the Shanghai Stock Exchange's e-interaction platform.
  In 2024, the Company provided anti-corruption training for all new
  employees, with a total of   464    participants, achieving   100%
  coverage of new staff.
  As of the end of 2024, the company had a cumulative total of   101
  patents, applied for
  held   1,245 software copyrights.
Commitment to Sustainable Development Goals (SDGs)
              Beijing United Information Technology Co.,Ltd
Corporate Governance Structure                                                                                                            Promote diversity and independence
                                                                                                                                          The Company has long been committed to enhancing board diversity. As of the end of 2024, our board comprises nine directors,
                                                                                                                                          including three independent directors representing 33.3% of the board membership. All directors bring extensive knowledge and
The Board of Directors of the Company is steadfastly committed to safeguarding the legitimate rights and interests of the Company         professional experience across various domains including industry expertise, corporate management, and financial governance,
and all shareholders. It proactively fulfills its management responsibilities, continuously enhances corporate governance capabilities,
                                                                                                                                          enabling the board to make well-informed decisions that drive the Company's sustainable and healthy development.
and strengthens the independence and diversity of the board. The board actively engages with investors and participates in investor
relations management, while ensuring standardized information disclosure practices.
                                                                                                                                          Our independent directors are all highly qualified professionals with specialized expertise in accounting, legal affairs, technology and
                                                                                                                                          other relevant fields. They fully comply with the independence requirements stipulated in the Administrative Measures for Indepen-
Governance Structure                                                                                                                      dent Directors of Listed Companies, including but not limited to holding no positions in the Company other than independent director,
                                                                                                                                          maintaining no relationships with the Company or its controlling shareholders that could impair independent judgment, and receiving
                                                                                                                                          no undisclosed benefits from the Company, its controlling shareholders or related parties.
Beijing United strictly adheres to laws, regulations and policy provisions including the Company Law of the People's Republic of China,
the Securities Law of the People's Republic of China, the Corporate Governance Code for Listed Companies, and the Shanghai Stock
Exchange Listing Rules. The Company remains committed to exploring best practices in modern corporate governance, while
comprehensively integrating ESG principles into all aspects of its governance framework to continuously enhance sustainable value
                                                                                                                                                  Key Performance Indicators
creation capabilities.
The Board of Directors has established four specialized committees - the Strategy & ESG Committee, Nomination Committee, Audit
Committee and Remuneration Committee - all of which operate in strict compliance with corporate governance and internal control                 Independent directors accounted for    33.3% of the board, while female directors represented 22.2%.
systems to effectively protect shareholder rights and ensure standardized corporate development.
Optimize Responsibility Fulfillment Capabilities
The Company has established detailed provisions in the Rules of Procedure for the Board of Directors of Beijing United regarding the
                                                                                                                                          Standardize Compensation Management
convening of board meetings, voting, and deliberation of proposals to ensure compliance and efficiency in all types of board
meetings. In 2024, all directors of the Company diligently fulfilled their duties, achieving a 100% attendance rate at board meetings.
                                                                                                                                          The Company's Remuneration and Appraisal Committee is responsible for formulating and reviewing the remuneration policies and
Additionally, we has systematically reviewed past work practices, optimized workflows, and scientifically structured the board’s
                                                                                                                                          schemes for directors and senior management. These are based on: (1) the business strategies and objectives set by the Board; (2)
approval authority to streamline processes while ensuring compliance and effective risk control. By strategically scheduling meetings
based on the urgency of agenda items, the Company has maximized efficiency in approvals.                                                  compensation benchmarks from peer companies; and (3) the specific responsibilities and time commitments of the individuals. The
                                                                                                                                          Committee also provides recommendations regarding performance evaluation matters. Additionally, it oversees the implementation
In 2024, the board deliberated on a series of key proposals, including the Proposal on the 2023 Annual Report and Summary, the Propos-
                                                                                                                                          of remuneration systems and ensures no director or their associates participate in decisions concerning their own compensation.
al on the 2023 Board of Directors Work Report, the Proposal on the 2023 Internal Control Evaluation Report, the Proposal on the 2023
Environmental, Social, and Governance (ESG) Report, and the Proposal on the Election of Members and Chairpersons of the Special
Committees of the Ninth Board of Directors. These efforts have continuously driven corporate governance enhancements.                     Independent directors receive an annual stipend of RMB 200,000 (pre-tax) from the Company. Non-independent directors who hold
                                                                                                                                          management positions are compensated according to their respective roles without separate director fees. Similarly, supervisors
                                                                                                                                          receive compensation based on their actual positions within the Company and do not receive additional supervisor allowances.
       Key Performance Indicators
      The Company held               8 board meetings, 2 shareholders' meetings, and 8 supervisory committee meetings in 2024.
                                                                                                                                          Protection of Investor Rights and Avoidance of Conflicts of Interest
Meanwhile, to enhance the governance capabilities of directors, supervisors and senior management, the company actively                   The Company strictly adheres to the Company Law, Securities Law, the CSRC's Notice on Further Implementing Cash Dividend
organized their participation in various training programs during the reporting period. These included the "Specialized Training for      Distribution by Listed Companies, Guidance No. 3 for Listed Company Supervision - Cash Dividends of Listed Companies, and its Articles
Directors and Supervisors of Beijing Listed Companies" organized by the Beijing Listed Companies Association, as well as training         of Association when implementing profit distribution policies and conducting deliberation procedures. Our dividend standards and
courses organized by the China Listed Companies Association such as "Administrative Responsibilities and Typical Cases of Informa-        payout ratios are explicitly defined, supported by well-established decision-making processes and mechanisms. In the process of
tion Disclosure Violations by Listed Companies", "Interpretation of Latest Regulatory Policies for Listed Companies (Part I)", and        formulating and approving distribution plans, independent directors diligently fulfill their oversight responsibilities. They actively
"Interpretation of Latest Regulatory Policies for Listed Companies (Part II)". Additionally, the company arranged for independent         engage with minority shareholders to understand their concerns and ensure all proposals undergo thorough review by both the
directors to attend the "2024 Special Compliance Training for Independent Directors of Listed Companies" organized by the Shang-          Board and Supervisory Board before being submitted to shareholders' meetings for approval. All ratified dividend plans are promptly
hai Stock Exchange.                                                                                                                       executed within specified timeframes to effectively protect the interests of all shareholders.
              Beijing United Information Technology Co.,Ltd
                                                                                                                                          Business Ethics and Anti-Corruption
During the reporting period, to improve and strengthen the Company's sustainable, stable, and scientific dividend decision-making
and supervision mechanism, actively reward investors, and guide them to adopt long-term and rational investment concepts, the
Company reviewed the Proposal on the 2023 Profit Distribution Plan in accordance with the requirements of the Company Law of the
People's Republic of China, the Notice on Further Implementing Cash Dividend Distribution by Listed Companies, the Guidance No. 3 for
Listed Company Supervision - Cash Dividends of Listed Companies, and other relevant documents, as well as the provisions of the           Beijing United strictly adheres to China's anti-corruption laws and regulations as well as the United Nations Convention Against Corruption.
Company's Articles of Association, taking into account the Company's actual circumstances. For details, please refer to the Announce-     The Company upholds integrity commitments for both internal operations and business partnerships, continuously strengthening its
                                                                                                                                          ethical culture. Neither the Company nor its employees (including contract and temporary workers) may engage in or accept any form of
ment on the 2023 Profit Distribution Plan of Beijing United Information Technology Co., Ltd. (Announcement No.: 2024-014) published on
                                                                                                                                          corrupt, bribery, fraudulent, or money laundering activities under any circumstances or in any jurisdiction. These requirements extend
April 29, 2024.
                                                                                                                                          equally to suppliers, contractors, and service providers. All domestic and international business operations and investments strictly comply
                                                                                                                                          with these anti-corruption, anti-bribery, anti-fraud, and anti-money laundering principles.
The Company has always placed the interests of minority shareholders in a paramount position. Through long-term exploration and
efforts, we have gradually established a highly comprehensive and effective policy system to avoid and prevent conflicts of interest.     Under the Board's leadership, Beijing United has implemented comprehensive anti-corruption measures across all business units in accor-
In daily operations and major decision-making processes, the Company has clearly defined the responsibilities and authority of each       dance with legal and internal requirements. The Company continues to enhance its internal oversight systems to ensure full supervision
department and position at the institutional level, eliminating ambiguous areas where overlapping functions might lead to conflicts       coverage of directors, supervisors, senior management, and all personnel exercising managerial authority.
of interest.
                                                                                                                                          Implementation of Anti-Corruption and Integrity Building
Information Disclosure and Market Value Management                                                                                        Beijing United maintains a "zero-tolerance" stance against corruption, continuously improving its anti-corruption governance system and
                                                                                                                                          whistleblowing mechanisms while strengthening integrity culture development to foster a clean and ethical internal environment.
Beijing United remains firmly committed to safeguarding the interests of all stakeholders, with particular emphasis on protecting
minority shareholders' rights. The Company rigorously adheres to applicable information disclosure regulations and fulfills all disclo-   Guided by principles of justice, fairness and transparency, the Company strictly prohibits all forms of corrupt practices. Through institution-
sure obligations, ensuring all published information meets the highest standards of timeliness, accuracy, completeness and fairness       al frameworks including the Anti-Corruption Management Policy and Professional Integrity Development Regulations, Beijing United rigorous-
while continuously enhancing transparency and reporting quality.                                                                          ly investigates bribery and fraud cases, ensuring standardized anti-corruption governance to cultivate fair, transparent and trustworthy
                                                                                                                                          operational practices.
During 2024, Beijing United successfully prepared and published its 2023 Annual Report, 2024 First Quarter Report, interim report and
third quarter report. The Company issued a total of 55 ad-hoc announcements without any disclosure errors. Beijing United                 The Company conducts regular anti-corruption compliance training and awareness campaigns to deepen employees' understanding of
maintained active engagement with approximately 70 media organizations and conducted meetings with around 390 institutional               relevant laws and regulations. These initiatives clearly define prohibited conduct while enhancing staff vigilance and capabilities. In 2024,
investors. Through the SSE e-Interaction platform, the Company responded to 207 investor inquiries, achieving an 83.47% response          Beijing United achieved 100% coverage of new hires through anti-corruption training for all 464 newly onboarded employees.
rate. Additionally, Beijing United's investor relations team handled hundreds of investor inquiries via the dedicated hotline.
                                                                                                                                                    Case          Beijing United's Anti-Bribery Rules for Employees
        Key Performance Indicators
                                                                                                                                                 Providing or accepting cash, bank cards, or cryptocurrency
 The company conducted     180 online and offline earnings communication meetings, received approximately 320 institutional                      Providing or accepting any form of membership cards, gift cards, shopping vouchers or other marketable securities
 investors, and saw securities firms publish 120 in-depth research reports on the company.                                                       Providing or accepting physical goods or materials
                                                                                                                                                 Providing or accepting business sponsorships that violate fair competition principles, travel, study tours or other activities under
                                                                                                                                                 improper arrangements
                                                                                                                                                 Providing or accepting equity without capital contribution or dividends
        Case                  Beijing United Investor Communication Activities                                                                   Providing or accepting benefits through Gambling activities, Falsely labeled payments including Promotional fees, Advertising
                                                                                                                                                 fees, Training fees, Consultant fees and Advisory fees
               Beijing United Information Technology Co.,Ltd
Anti-Corruption Internal Controls and Auditing                                                                                                  Beijing United Whistleblower Channel Information
We consistently adhere to the bottom line of compliant operations and regard internal corporate controls as a critical measure to                    Whistleblowing Hotline: 58950745                 Whistleblowing Email:lzjs@ueiibi.com
safeguard long-term development. The Company strictly complies with the relevant requirements of the enterprise internal control
supporting guidelines and continuously advances the optimization of the internal control system with rigorous and meticulous atten-                  Whistleblowing QR Code:
tion. On one hand, we meticulously improve the corruption risk assessment mechanism by establishing professional teams to
conduct in-depth analysis of each business process segment - from supplier selection and contract signing in procurement to
customer development and discount approval in sales - comprehensively identifying potential corruption risk points while applying
scientific quantitative models to evaluate their likelihood of occurrence and potential impact severity.
Simultaneously, we significantly strengthen internal control evaluation and auditing efforts. Internal control evaluations are conduct-
ed periodically, where experienced professionals thoroughly examine the design rationality and operational effectiveness of the
internal control system according to established standards to accurately identify existing weaknesses. The audit work employs
flexible and precise audit methodologies, combining system optimization with self-inspection audits. Through these measures, we
                                                                                                                                          Compliance Management & Risk Control
effectively promote the continuous improvement of the Company's internal controls, enabling them to flexibly adapt to changes in
both internal and external environments while progressively enhancing the effectiveness of internal controls, thereby establishing a      Beijing United attaches great importance to compliance management, driving business development through robust compliance
solid foundation for the Company's stable development.                                                                                    practices. The company continuously optimizes and improves its compliance systems in accordance with its operational realities,
                                                                                                                                          ensuring that both the organization and its employees strictly adhere to all applicable laws, regulations, industry standards, and
                                                                                                                                          internal corporate policies.
         关键绩效
         Key Performance Indicators
     In 2024, the Company's internal audit department conducted anti-corruption audits covering   100% of over 200 projects.              Compliance Governance Framework
                                                                                                                                          Internal audit serves as a critical component within the Company's compliance governance framework, functioning as a vital
                                                                                                                                          safeguard to ensure lawful and compliant operations, mitigate risks, and enhance management efficiency.
Whistleblower Protection                                                                                                                  To further standardize internal audit practices, enhance audit quality, and protect investors' legitimate rights and interests, the
                                                                                                                                          Company has established a comprehensive compliance management system encompassing corporate governance, market transac-
The Company encourages all types of stakeholders to provide any form of suggestions or feedback on business ethics to the Compa-          tions, labor laws and other key areas, in compliance with the Supervision Law of the People's Republic of China, the Audit Law of the
ny, and guarantees confidential handling of relevant reports. The Company has established relevant policy clauses and promises to         People's Republic of China, the Provisions on Internal Audit Work issued by the National Audit Office, the Shanghai Stock Exchange Listing
treat whistleblowers fairly in terms of reporting channels and handling procedures, whistleblower protection, etc. It is explicitly       Rules, and the Shanghai Stock Exchange Self-Regulatory Guideline No. 1 - Standardized Operations.
stipulated that personnel responsible for accepting reports shall not disclose whistleblowers' information in any form, shall not
arbitrarily investigate whistleblowers, and shall conceal whistleblowers' personal identities in the procedures of report acceptance      In daily operations, the Company's compliance department conducts regular evaluations and updates of compliance documentation
and result notification when necessary, so as to effectively protect whistleblowers' legitimate rights and interests. At the same time,   to maintain alignment with the latest legal requirements and industry developments, with active participation and implementation
the Company has listed reporting channels as necessary clauses in relevant policy documents such as the Employee Handbook and             by management and employees at all levels to ensure effective compliance governance. We continuously improve our business
Bidding & Procurement policies, and ensures that all reporting channels are unblocked and effective.                                      compliance review mechanisms and have implemented regulatory documents including the Basic Standards for Enterprise Internal
                                                                                                                                          Control and the Risk Management Principles and Implementation Guidelines, achieving comprehensive coverage across all business
The scope of complaints and reports covers violations and disciplinary acts in the following areas: human resources recruitment,
                                                                                                                                          domains and operational levels.
employment, job arrangements for relatives of leading cadres, bidding and procurement, fund management, illegal charging,
financial fraud, party conduct and integrity, harboring and connivance, qualifications of special operation personnel, failure to
declare kinship, etc. Reports and complaints can be made through channels such as telephone, internal network, email, and on-site
visits. The Human Resources Department is responsible for accepting reports, and will jointly investigate and handle them with the
Security Department. General cases will be settled within 30 days, and complex cases can be extended by 20 days with approval.            Risk Control and Identification
Whistleblowers shall be responsible for their reporting actions. False accusations, framing, or fraudulently seeking rewards are          The Company has established a joint risk governance structure led by the Board of Directors and primarily composed of the "Board
strictly prohibited. Those who obstruct reporting or retaliate against whistleblowers will be severely punished. Personnel with knowl-    of Directors" and the "Strategic Planning and ESG Committee," tailored to its operational realities and business development needs,
edge of reporting information must strictly maintain confidentiality. The Company will provide spiritual or material rewards to
                                                                                                                                          to manage ESG risks. Meanwhile, the Company has outlined in the Working Rules of the Board's Development Strategy and ESG
whistleblowers with meritorious deeds. The reward standards are determined according to the nature of the report and the investi-
                                                                                                                                          Committee that the committee's responsibilities include the identification, research, and analysis of ESG-related risks and significant
gation results. Different reward amounts apply to situations such as serious acts involving corruption or economic loss recovery.
Promotions and salary increases require approval, and there are corresponding procedures for reward approval and payment.                 matters.
                   Beijing United Information Technology Co.,Ltd
       Risk Categories                                             Risk Descriptions                                            Response Strategies
                                                                                                                  Proactively monitoring the latest technological
                                                                                                                                                                        Intellectual Property Protection
                                                                                                                  developments both domestically and internation-
                                                                                                                  ally, the Company continuously innovates and
                                             With the rapid evolution of market demands and business              develops products and services that meet user         Beijing United rigorously complies with the Trademark Law of the People's Republic of China, the Patent Law of the People's Republic of
  Market           Demand                    models, application scenarios are becoming increasingly              needs through ongoing market research and
                                             fragmented and customized. If our products and solutions fail to     customer studies.                                     China, the Copyright Law of the People's Republic of China and other relevant laws and regulations. The Company has established the
    Risk         Volatility Risk
                                             maintain sufficient market competitiveness, significant market       Through comprehensive and detailed market             Intellectual Property Management Policy to standardize project and intellectual property administration, strengthen IP protection, and
                                             risks may emerge.                                                    research, we analyze market dynamics and
                                                                                                                  emerging trends to drive the development of           promote the application and dissemination of technological achievements.
                                                                                                                  cutting-edge new products.
                                                                                                                  The Company's senior management team leads
                                                                                                                  the Supply Chain Continuity Task Force, which is      The Company has set up a dedicated Intellectual Property Management Department responsible for defining ownership of intellectu-
                                                                                                                  responsible for making strategic material reserve     al creations, conducting infringement risk assessments, and formulating corresponding incentive and disciplinary measures.
                                                                                                                  decisions and overseeing their implementation.
Supply Chain     Supply Chain                The Company is exposed to the risk of complete or partial            Supported by digital information platforms, we are
                                             business operation interruptions caused by force majeure events      transforming our supply chain operations to
    Risk        Disruption Risk              including natural disasters, human accidents, system failures,       improve end-to-end agility and build a specialized            Key
                                                                                                                                                                                关键绩效Performance Indicators
                                             and supply chain disruptions.                                        rapid-response system for bulk product manage-
                                                                                                                  ment.
                                                                                                                  By establishing multiple production bases and
                                                                                                                                                                         As of the end of 2024, the company had a cumulative total of    101 patents, applied for 44 patents during the reporting period,
                                                                                                                  logistics hubs, we strengthen delivery capabilities
                                                                                                                  and build a more resilient supply chain.               and held   1,245 software copyrights.
                                                                                                                  We are building a robust compliance risk manage-
                                             The Company and its employees face exposure to legal
                                                                                                                  ment     framework,      including  organizational
                                             consequences, supervisory penalties, monetary damages and            structures, policies, procedures, and operational
                  Regulatory                 impairment of reputation arising from violations of compliance       standards, to strengthen risk prevention, incident
  Legal    Compliance Risk                   requirements in business management or professional practices.       response, and resolution capabilities, ensuring
    &                                                                                                             effective and timely risk containment.
Compliance                                   The Company faces the risk that its employees or associated
   Risk                                      persons may improperly use their authority or influence to solicit   Develop comprehensive compliance documents
               Integrity & Ethical           benefits, or embezzle corporate assets through deception,            and business ethics governance frameworks to
                                             concealment, or collusion for personal enrichment, thereby
                                             causing financial detriment to the Company; additionally, there      guide employee behavior, ensuring zero tolerance
               Compliance Risk
                                             exists the risk of bribery to third parties that may impair the      for bribery and corrupt practices.
                                             Company's goodwill and reputation.
                                                                                                                  We establish a comprehensive tax risk manage-
                                             The risk that tax-related practices may fail to properly and
                                                                                                                  ment mechanism covering risk identification,
                                             effectively comply with tax laws and regulations, potentially
                 Taxation Risk                                                                                    assessment, response, and control, as well as
                                             resulting in legal penalties, financial losses, or reputational      information reporting and continuous supervision
                                             damage.                                                              for improvement.
  Financial
    Risk                                     Data security risks obtained through means such as detection,        A professional security team provides full-spec-
                                             assessment, information collection, and authorized monitoring,       trum support for all products, encompassing
                 Data Security                                                                                    security audits and testing for both in-develop-
                                             including but not limited to data breaches, data tampering, data
                      Risk                                                                                        ment and released products, delivering targeted
                                             abuse, illegal transmission, unauthorized access, and abnormal       security training, and actively monitoring emerg-
                                             traffic.                                                             ing security issues and threats.
  Tax Compliance
  Fulfilling tax obligations constitutes a fundamental requirement of corporate social responsibility and serves as a vital manifestation
  of enterprises' participation in socioeconomic circulation and support for national development. We resolutely upholds tax compli-
  ance as a core operating principle, actively discharging tax obligations to contribute to state fiscal revenue and social progress.
  The Company strictly adheres to laws and regulations including the Enterprise Income Tax Law of the People's Republic of China and
  the Tax Collection and Administration Law of the People's Republic of China, having established a comprehensive tax governance
  system to ensure all business activities fully comply with national tax legislation. Annually, the Company conducts at minimum one
  internal audit alongside financial and tax compliance reviews to faithfully execute tax obligations and mitigate tax risks. During the
  reporting period, the Company maintained proactive collaboration with tax authorities and other stakeholders, regularly participating
  in official tax policy seminars to stay abreast of evolving regulatory requirements.
Climate Action and
Green Synergy
Climate and environmental management constitute the foundational
pillar of Beijing United's development strategy. Our service innova-
tions align with global decarbonization trends while mitigating
operational risks across industrial chains and unlocking new oppor-
tunities. Internally, we implement comprehensive energy conserva-
tion measures—deploying smart lighting systems, energy-efficient
appliances, and optimized logistics solutions to reduce transporta-
tion emissions. Regarding climate transition, we proactively drive
supply chain consolidation, collaborate with partners to promote
green standards, and assist suppliers in process upgrades for
emission reduction. The Company actively participates in environ-
mental initiatives, translating commitments into tangible ecological
protection actions that accelerate industry-wide green transforma-
tion.
  In 2024, the Company completed the disclosure of climate-related
  risks and opportunities identification in accordance with the TCFD
  framework.
  In 2024, the Company's annual electricity procurement reached
  amounted to 425.76 metric tons of CO₂ equivalent, while Scope
  equivalent.
  In 2024, the Company's total comprehensive energy consumption
  amounted to   499.62 tons of standard coal equivalent (tce), with
  a per capita comprehensive energy consumption of
Commitment to Sustainable Development Goals (SDGs)
                 Beijing United Information Technology Co.,Ltd
Addressing Climate Risks                                                                                                                                       Risk Category               Risk Description
                                                                                                                                                                                                                  Financial
                                                                                                                                                                                                                   Impact
                                                                                                                                                                                                                                     Mitigation Measures               Time Horizon
                                                                                                                                                                                       Stakeholders (includ-
                                                                                                                                                                                       ing clients and
Facing the increasingly severe impacts of climate change, the 29th Conference of the Parties (COP29) to the United Nations Frame-                                                      investors) are placing
work Convention on Climate Change (UNFCCC) in 2024 set forth a vision to enhance climate action ambition and promote imple-                                                            greater emphasis on
mentation. The conference called on all Parties to submit higher-quality Nationally Determined Contributions (NDCs) and translate                                                                                             The Company has established a
                                                                                                                                                                                       environmental
them into effective policies, concrete actions, and specific projects. The Company recognizes the impact of climate change on its                     Trans-    Reputa-                                                       robust ESG management system,
                                                                                                                                                                          ESG Negative information disclosure.
operations and has conducted disclosures in accordance with the recommendations of the Task Force on Climate-Related Financial                        ition      tional                                           Declined    integrating ESG governance into           Short-term
                                                                                                                                                                                       Failure to meet their
Disclosures (TCFD) this year.                                                                                                                         Risks      Risks      Incident
                                                                                                                                                                                       expectations in such       revenue     risk control frameworks to
                                                                                                                                                                                       disclosures may                        mitigate potential ESG incidents.
                                                                                                                                                                                       adversely impact the
                                                                                                                                                                                       Company's corporate
Climate Risk Governance Framework                                                                                                                                                      image and reputation.
                                                                                                                                                                                       The Company
The Company actively responds to the 1.5°C temperature control goal set forth in the Paris Agreement and the Carbon Peak Action                                                        headquarters is located                The Company has formulated and
Plan Before 2030 issued by the State Council. Building upon our existing ESG governance infrastructure, we have integrated a                                                           in Beijing, situated on                implemented flood prevention
                                                                                                                                                                                       the North China Plain                  emergency management
comprehensive climate risk governance framework. By referencing industry best practices and incorporating regulatory recommen-                                                         with a temperate
dations, we have established a climate governance management structure led by the Board of Directors with cross-departmental                                                           monsoon climate                        protocols. Emergency equipment
                                                                                                                                                                            Extreme    characterized by           Increased   and supplies are provisioned,
collaboration.
                                                                                                                                                                            Rainfall   concentrated summer                    with established emergency drill
                                                                                                                                                               Short-term                                           costs,
                                                                                                                                                                                       precipitation. Climate
                                                                                                                                                                           and Urban change has increased         Declined    mechanisms. Continuous                    Short-term
                                                                                                                                                                 Risks
Climate Risk Governance System                                                                                                                                            Waterlogging
                                                                                                                                                                                       the frequency of
                                                                                                                                                                                       extreme rainfall events
                                                                                                                                                                                                                  revenue     enhancements are being made to
                                                                                                                                                                                                                              data center disaster recovery
                                                                                                                                                                                       and urban waterlog-
                                                                                                                                                                                       ging, elevating both the               capabilities, including the
We have classified climate-related risks and opportunities in accordance with the Final Report: Recommendations of the Task Force on
                                                                                                                                                                                       probability of disasters               expansion of geographically
Climate-related Financial Disclosures (TCFD). Taking into account our industry-specific characteristics, including cash flow patterns,                                                 and potential losses,                  dispersed backup data centers
investment cycles, and business operations, as well as the legal jurisdictions of applicable policies, the nature of risks and opportuni-                                              which may pose threats
                                                                                                                                                                                       to data center security.               based on existing infrastructure.
ties, and asset lifespans, we have established defined time horizons for material impacts. The "short-term" refers to within one year
                                                                                                                                                      Physi-
following the end of the current reporting period (inclusive); the "medium-term" denotes one to five years after the reporting period                                                 The Company is
                                                                                                                                                      cal
(inclusive); and the "long-term" indicates more than five years beyond the reporting period.                                                                                          exposed to rising
                                                                                                                                                      Risks                                                                   Optimize server cooling systems
                                                                                                                                                                                      mean temperatures
                                                                                                                                                                                      under long-term             Increased   to ensure equipment operates
The Company has conducted comprehensive analyses of how various risks and opportunities may affect our business model, opera-
                                                                                                                                                                             Mean     climate pattern shifts,       costs,    normally under extreme
tions, development strategy, financial position, operating results, cash flows, financing methods and associated costs. We have
                                                                                                                                                                                      which may lead to                       high-temperature conditions,            Medium-term
evaluated the adaptability of our corporate strategy and business model to climate change, and have formulated corresponding                                             Temperatures computing equipment         Declined
                                                                                                                                                                                                                              achieving energy conservation
transition plans with specific measures to address climate-related risks and capitalize on opportunities, while regularly monitoring                                       Increase   overheating, resulting      revenue
                                                                                                                                                                                                                              and consumption reduction in
implementation progress.                                                                                                                                                              in service disruptions
                                                                                                                                                                                      and operational                         cooling systems.
                                                                                                                                                               Long-term              efficiency impacts.
                                                                                     Financial                                                                                        The Company's digital
         Risk Category                                           Risk Description                         Mitigation Measures          Time Horizon              Risks
                                                                                      Impact
                                                                                                                                                                                      economy headquarters
                               As the system of                                                                                                                                       in Beijing is situated at   Increased
                               sustainability informa-                                                                                                                                                                        The Company prioritizes climate
                                                                                                                                                                                      a relatively low             costs,
                               tion disclosure                                        Decreased                                                                            sea level                                          risk assessment in office site
                                                                                                   The Company discloses environ-                                                     elevation, making it                                                              Long-term
                               standards for domestic                                   costs,                                                                                rise                                Declined    selection, while ensuring business
                                                                                                   mental information regularly in
        Policy & ESG Reporting enterprises is increas-                                Increased                                                                                       vulnerable to sea level
                                                                                                                                                                                                                  revenue     operations can be conducted
                                                                                                                                       Medium-term
       Legal Risks Obligations ingly improving, failure                              non-operat-   compliance with laws and                                                           rise impacts, which                     remotely whenever possible.
                               to timely disclose
                               relevant information                                 ing expendi-   regulations, and prepares and                                                      may exacerbate flood
Trans-                         may expose compa-                                        tures      releases standalone ESG reports.                                                   risks.
ition                          nies to compliance
Risks                          risks.
                                                          Against the backdrop
                                                          of the "dual carbon"                     The Company actively optimizes
                     Low-carbon                           goals, the Company                       and deploys water- and electrici-
       Technological                                      faces greater challeng-    Increased
                     Technology                                                                    ty-saving technologies to achieve    Long-term
           Risks                                          es in operational          expenses
                      Transition                          energy conservation                      energy conservation and
                                                          and consumption                          consumption reduction.
                                                          reduction.
               Beijing United Information Technology Co.,Ltd
        Risk Category                                          Risk Description
                                                                                  Financial
                                                                                                       Mitigation Measures             Time Horizon
                                                                                                                                                              Key Performance Indicators
                                                                                   Impact
                                                 Through optimized
                                                 management practices,
                                                 implementation of
                                                                                                                                                          Purchased electricity:   1,858.57 MWh; Gasoline consumption: 184,439.54 liters
                                                                                                Optimize server cooling technolo-
                     Enhanced                    low-carbon technologies,
  Resource                                       and upgrading to ener-            Declined     gies to reduce water and energy
  Efficiency
                     Resource
                                                 gy-efficient equipment, the                    consumption; promote green              Short-term        Scope 1 carbon emissions:   425.76 tCO₂e; Scope 2 carbon emissions: 1,080 tCO₂e
                     Utilization                 company reduces resource            Cost
                                                                                                office practices to cut emissions
                     Efficiency                  consumption in both
                                                 production and office                          from workplace operations.
                                                 operations, thereby
                                                 lowering costs.
                                                 The implementation of the
                                                 dual-carbon strategy has
                                                 expanded the market            Increased                                                             Environmental Management System
                                                 demand for cloud services       revenue        The Company actively develops
  Products                                       with low carbon emissions.     Increased       and deploys energy-saving
                 Green Products                  By leveraging technological
     and
                                                 innovation, the Company can short-term cost,   technologies to reduce the              Long-term
  Services         and Services                  develop products that better   Increased       carbon footprint of its services,                     In our environmental governance structure, the Board of Directors serves as the supreme decision-making and oversight body. It is
                                                 align with dual-carbon         long-term
                                                 policies, cater to market                      gaining strong customer recogni-                      responsible for formulating ESG strategies, including key environmental management directives, and reviewing major environmental
                                                 needs, and enhance              revenue        tion.                                                 risks. The Strategic Planning and ESG Committee, operating under the Board, assumes delegated responsibilities by conducting
                                                 corporate revenue.                                                                                   research on corporate sustainability planning related to environmental management and providing professional recommendations to
                                                 The smart logistics, digital                   The Company, with sharp market                        the Board.
                                                 factories, and digital                         insights, accelerates innovation
                                                                                                by leveraging its industrial                          Under the supervision of the Board and the Strategic Planning and ESG Committee, the executive management team oversees the
                                                 warehousing services                           e-commerce platform strengths.
                    Industrial                   provided by the Company           Increased    By integrating technologies like                      comprehensive implementation of environmental management strategies. They coordinate the advancement of various environmen-
     Market       E-Commerce                     can help upstream and                          Internet +, artificial intelligence,    Short-term    tal initiatives and regularly report environmental management performance to the Board.
                                                                                    revenue     and cloud computing, it
                     Market                      downstream industrial                          transforms traditional enterprise
                                                 clients achieve energy                         operations, empowering clients to
                                                 savings and carbon                             reduce costs and enhance
                                                                                                efficiency.
                                                 reduction.
                                                                                                The Company has established a
                                                                                                                                                      Environmental Compliance Governance
                                                 The Company's resilience                       comprehensive climate risk and
                                                                                  Increased
                                                 to climate change enables                      opportunity management system
                     Corporate                                                     revenue      to forecast, evaluate, and respond                    As an industrial internet enterprise, Beijing United generates office waste and similar byproducts as its primary emissions. The
  Resilience                                     better management of                                                                  Medium-term
                     Resilience                                                   Decreased     to potential risks and opportuni-                     Company strictly complies with Chinese environmental regulations including the Air Pollution Prevention and Control Law, the Urban
                                                 related risks and opportuni-        cost       ties by assessing their impact                        Drainage and Sewage Treatment Regulations, and the Solid Waste Pollution Environment Prevention Law. We have established an
                                                 ties.                                          levels and formulating corre-
                                                                                                                                                      Emissions Management System and implemented strict categorized waste management to advance pollution control efforts. In our
                                                                                                sponding mitigation strategies.
                                                                                                                                                      office areas, we have set up categorized waste bins to separately collect recyclable materials such as waste paper, plastics, metals
                                                                                                                                                      and glass, which are regularly collected and processed by professional recycling agencies to achieve resource circularity. We have
                                                                                                                                                      also implemented an e-waste recycling system to centrally collect and process discarded computers, mobile phones, servers and
                                                                                                                                                      other electronic equipment. These items are handed over to qualified environmental protection enterprises for proper dismantling
Metrics and Targets                                                                                                                                   and reuse, effectively preventing environmental pollution from electronic waste. Through these comprehensive measures covering
                                                                                                                                                      waste classification and specialized e-waste handling, we ensure full compliance with environmental regulations while promoting
                                                                                                                                                      sustainable resource utilization across our operations.
Facing the severe challenges of global climate change, the Company has proactively responded to China's "Dual Carbon" strategy
by integrating climate action into corporate strategy and daily operations. Through a series of practical measures, the Company is
contributing to climate change mitigation and green development.
                                                                                                                                                      Deep Green Operations and Circular Economy
At the climate indicator level, while the Company's business model doesn't involve physical production activities, the continuous
                                                                                                                                                      Beijing United strictly complies with Chinese environmental laws and regulations, including the Environmental Protection Law of the
expansion of operations has necessitated large-scale occupation of new office buildings, making carbon emission growth inevitable.
                                                                                                                                                      People's Republic of China, the Energy Conservation Law of the People's Republic of China, the Air Pollution Prevention and Control Law,
Beijing United is currently establishing a comprehensive carbon emission management system to accurately account for and monitor
                                                                                                                                                      the Urban Drainage and Sewage Treatment Regulations, and the Solid Waste Pollution Environment Prevention Law. The Company
its carbon footprint. In 2024, our operational activities were primarily powered by purchased electricity and fossil fuel consumption
                                                                                                                                                      continuously optimizes its energy consumption and material management, and has established internal regulations such as the
from gasoline vehicles. Accordingly, we have implemented monitoring and statistical tracking of these energy sources. All calcula-
                                                                                                                                                      Corporate Energy Management System, Water Conservation Management System, Emissions Management System, and Green Office
tions strictly adhere to national Dual Carbon standards to ensure data accuracy and regulatory compliance.
                                                                                                                                                      Management System at the organizational level.
             Beijing United Information Technology Co.,Ltd
Water Resource Management                                                                                                                                                       Beijing United' Green Office Initiatives
                                                                                                                                        Categories                                                             Company Initiatives
The Company has consistently strictly complied with relevant laws and regulations including the Energy Conservation Law of the
                                                                                                                                                              Promoting Paperless Office: Relying on its own internet technology advantages, the Company strength-
People's Republic of China, while continuously improving its energy management system. The Company has established the Corporate
Energy Management System and Water Conservation Management System to strengthen statistics and monitoring of energy usage,                                    ens the construction and use of online office systems. For example, through the remote office platform
implement real-time monitoring and data analysis of water resource consumption, and endeavor to reduce the growth rate of energy                              of the Ibisaas.com, inter-departmental document transmission and approval processes are fully digitized.
and water resource consumption. Moving forward, the Company will continue to actively adopt energy-saving measures to improve        Resource Utilization     Saving Office Supplies: Following the principle of taking only what is needed, office supplies are issued
its energy and water resource management performance.                                                                                                         in limited quantities to improve utilization efficiency.
                                                                                                                                                              Paper Recycling: Double-sided printing is encouraged. Dedicated paper recycling bins are set up to
                                                                                                                                                              classify single-sided used paper by size for reuse.
       Key Performance Indicators
                                                                                                                                                              Lighting Management: The Company rationally plans the lighting systems in office areas, making full use
                                                                                                                                                              of natural light and reducing the use of artificial lighting when light is sufficient. Meanwhile, intelligent
      In 2024, the Company's water resource consumption amounted to   130,732.68 cubic meters.                                                                lighting systems are adopted to optimize energy consumption.
                                                                                                                                                              Equipment Power Management: Employees are required to turn off power sources of computers, air
                                                                                                                                    Energy Management         conditioners, and other equipment in a timely manner before leaving work. Office computers should be
                                                                                                                                                              set to appropriate brightness, and put into standby mode with monitors turned off when leaving
                                                                                                                                                              workstations. For high-power consumption appliances such as copiers, using a single socket simultane-
                                                                                                                                                              ously is avoided to reduce the impact of instantaneous current on the power grid and energy consump-
                                                                                                                                                              tion.
Green Office and Energy Conservation & Emissions Reduction                                                                                                    Rational Setup of Waste Sorting Facilities: In office areas, corresponding trash bins are set up according
                                                                                                                                                              to classification standards such as recyclables, hazardous waste, wet waste, and dry waste. Clear classi-
                                                                                                                                                              fication labels with brief descriptions are pasted above the bins.
Facing increased energy consumption due to the occupation of new office buildings, in 2024 we vigorously advanced green office        Waste Sorting &         Strengthening Employee Training and Advocacy: Regular waste sorting training is conducted to popular-
initiatives, implementing energy-saving and emission-reduction measures across all aspects of daily operations to comprehensively                             ize relevant knowledge, and environmental protection activities are organized to enhance employee
                                                                                                                                         Treatment
deepen our green operational philosophy.                                                                                                                      participation and environmental awareness, encouraging active engagement in waste sorting.
                                                                                                                                                              Establishing Supervision and Feedback Mechanisms: Dedicated personnel are assigned to monitor waste
                                                                                                                                                              sorting to ensure employees correctly classify and dispose of waste.
                                                                                                                                                              Priority on Green Products: When purchasing office equipment, furniture, consumables, and other
                                                                                                                                                              materials, products with environmental certifications and energy-saving labels are prioritized to reduce
                                                                                                                                                              environmental impact at the source.
                                                                                                                                     Green Procurement
                                                                                                                                                              Promoting Green Development of Suppliers: Leveraging its influence in the industrial chain, the Compa-
                                                                                                                                                              ny requires suppliers to comply with environmental regulations, adopt green production processes and
                                                                                                                                                              packaging materials, and promote green development throughout the supply chain.
                                                                                                                                                              Green Office Training: Regular or irregular green office training courses and seminars are organized to
                                                                                                                                                              popularize knowledge and skills related to green office practices among employees, including energy
                                                                                                                                                              conservation and emission reduction, resource recycling, waste sorting, and other relevant topics, so as
                                                                                                                                    Employee Awareness
                                                                                                                                                              to enhance employees' environmental awareness and sense of responsibility.
                                                                                                                                         Cultivation
                                                                                                                                                              Environmental Theme Activities: Various environmental theme activities are held to encourage active
                                                                                                                                                              employee participation, foster a cultural atmosphere of green office practices, and deeply ingrain green
                                                                                                                                                              concepts in everyone's mindset.
                                                                                                                                          Key Performance Indicators
                                                                                                                                    In 2024, the Company's total comprehensive energy consumption amounted to       499.62 metric tons of standard coal equivalent
                                                                                                                                    (tce), with a per capita comprehensive energy consumption of   0.36 tce.
             Beijing United Information Technology Co.,Ltd                                                                                                                                                                                          Climate Action and Green Synergy
Empowering Low-Carbon Transition                                                                                                       Ecological and Environmental Protection
Amid the global wave of transition toward a low-carbon economy, Beijing United fully leverages its industrial internet platform and    The Company maintains ongoing focus on the impacts of its operations on biodiversity. In strict compliance with relevant laws,
diversified technological strengths to profoundly empower low-carbon transformation across various sectors, emerging as a pivotal      regulations and policies including the State Council's Guidelines on Strengthening Biodiversity Protection, the Soil Pollution Prevention
force in advancing green development.                                                                                                  and Control Law of the People's Republic of China, and the Regulations on Groundwater Management, we conduct systematic identifica-
                                                                                                                                       tion of opportunity factors and business quality risk assessments.
Data-Driven Solutions for Corporate Energy                                                                                             Looking ahead, the Company will increase investment in terrestrial and aquatic ecological protection, explore innovative integration
Conservation and Emissions Reduction                                                                                                   points between green business and environmental practices, expand the social reach of sustainable operations, and enhance brand
                                                                                                                                       influence. According to internal evaluations during the reporting period, all business operations adhered to ecological protection
Beijing United leverages its big data analytics models to collect and integrate production and operational data from enterprises       principles, with no negative environmental impacts on any nature reserves or surrounding areas. All production and storage facilities
across the industrial chain, covering multi-dimensional information including energy consumption, raw material usage, and produc-      maintain safe buffer distances from protected areas, effectively mitigating potential risks at source and substantively fulfilling corpo-
tion processes. Through in-depth analysis, the Company accurately identifies issues in energy utilization and carbon emissions.
                                                                                                                                       rate ecological responsibilities.
For example, when serving chemical enterprises, by analyzing operational data from production equipment, the platform identifies
energy-inefficient processes. Through optimized production workflows and rational adjustments to equipment operating parameters,
it helps enterprises reduce energy consumption, decrease greenhouse gas emissions, and effectively enhance their low-carbon
development capabilities.
Innovation-Driven Green Solutions
The Company places high importance on the critical role of technological innovation in low-carbon transition, continuously increas-
ing R&D investment to explore applications of green technologies across various industries. By establishing an energy management
system that monitors corporate energy consumption in real-time and performs intelligent regulation based on actual demand, the
company achieves refined energy management, improves energy utilization efficiency, and reduces comprehensive energy costs by
an average of 10%.
Platform Synergy for Green Industrial Ecosystem Development
Beijing United fully leverages the convergence effect and collaborative advantages of its platform, dedicated to assisting small and
medium-sized enterprises in achieving high-quality transformation through cost reduction and efficiency improvement by means of
its "digital technology plus digital factory" model. The Company promotes green cooperation and collaborative innovation among
upstream and downstream enterprises in industrial chains. With the ultimate objectives of quality upgrading, cost efficiency, green
development and operational safety, the Company focuses on consolidating the foundation for digital transformation, deepening the
application of enabling digital technologies, strengthening hardware-software coordination, and improving support systems. Through
driving business transformation across entire industrial chains via industrial digitization, the Company accelerates the high-end,
green, safe and efficient development of raw material industries. By collectively exploring new pathways for low-carbon transition,
the Company is constructing a green and sustainable industrial ecosystem.
Data Innovation
and Quality Service
Data innovation and quality service serve as the dual engines driving
the Company's growth. We focus on innovating data services to help
clients accurately grasp market supply and demand trends, provid-
ing robust support for decision-making and empowering rapid
industrial expansion. Quality service remains the cornerstone for
strengthening client relationships and building the Company's brand
reputation. In 2024, we comprehensively expanded the scope of our
data platform services, deeply leveraged industry data to empower
upstream and downstream partners, and optimized supply chain
efficiency. Simultaneously, we established a professional service
team to deliver attentive after-sales support, ensuring swift respons-
es from order tracking to issue resolution. Through data and service
excellence, we are writing a new chapter in high-quality, sustainable
development.
  The Company was selected as a "2024 National Supply Chain
  Innovation and Application Exemplary Case" by the Ministry of
  Commerce and recognized as an "Outstanding Data Provider of
  In 2024, the Company obtained certifications for both the GB/T
  ISO/IEC 20000-1?2018 Information Technology Service Management
  System.
Commitment to Sustainable Development Goals (SDGs)
              Beijing United Information Technology Co.,Ltd
Technological Innovation                                                                                                                                    Key Innovation Focus Areas for Beijing United' Business Development
                                                                                                                                                             Customized Vertical Domain Models
                                                                                                                                            R&D of Core
Innovation System                                                                                                                            Capabilities
                                                                                                                                                             For industrial scenarios (such as mechanical manufacturing, electronic components, chemical engineering,
                                                                                                                                                             etc.), domain-specific large models are being developed that integrate industry-standard data, product
                                                                                                                                           in Large-Scale
                                                                                                                                               Models        parameters, and supply chain rules to enhance semantic understanding, logical reasoning, and
Guolian Securities remains steadfast in its customer-centric philosophy, continuously advancing technological innovation to elevate                          decision-support capabilities. A hybrid architecture of "industrial knowledge graph + large model" has been
service and product quality. With a dedicated research and development team of approximately 300 professionals, the Company                                  created to achieve functions including product model matching, fault diagnosis, and process optimization.
deeply understands that innovation serves as the perpetual driving force for enterprise development. Actively responding to China's
innovation-driven development strategy, we persistently explore new technological applications within the industrial internet sector.
                                                                                                                                                             Multimodal Fusion Technology
Through these innovation efforts, we strive to deliver enhanced services to clients and create greater value for enterprises across
the industrial chain, thereby propelling the entire industry forward.                                                                                        Integrating text, images, videos, and IoT data (e.g., sensor signals) to train models that enable intelligent
                                                                                                                                                             quality inspection (defect detection) and equipment condition monitoring (predictive maintenance), among
The Company places paramount importance on innovation and R&D, having established comprehensive systems and founded                                          other applications.
specialized Innovation Centers and Data Business Divisions. Concurrently, we have strengthened our technical platform infrastruc-
ture, developing a holistic technology R&D platform that supports full lifecycle project management - encompassing development,
                                                                                                                                                             Lightweight Optimization and Edge Deployment
testing, deployment, and ongoing maintenance. Our commitment to cutting-edge technological research is demonstrated through
sustained investments, most notably in establishing the Digital Intelligence Integration Laboratory. This facility concentrates research                     Optimize the model architecture to reduce computational resource requirements, enabling real-time
capabilities across big data analytics, digital twin technology, the Internet of Things, and cloud computing. In 2024, these innovation                      inference on edge devices (e.g., factory terminals, logistics nodes), thereby minimizing latency and
initiatives garnered significant recognition, including the "Outstanding Data Provider of the Year" award from Guiyang Big Data                              safeguarding data privacy.
Exchange and designation as a "Beijing Digital Literacy and Skills Training Base."
                                                                                                                                                             Smart Procurement Assistant
                                                                                                                                                             Powered by large language models, it allows users to input needs (e.g., "Find 150°C heat-resistant connec-
                                                                                                                                             Upgrading
                                                                                                                                             Intelligent     tors") and automatically matches suppliers, suggests models, and creates procurement plans.
        Key Performance Indicators                                                                                                          B2B Trading
                                                                                                                                             Platforms
              In 2024, the Company's R&D team comprised 217 members, including 1 Ph.D. holder
                                                                                                                                                             Dynamic Pricing and Inventory Optimization
              and 77 master's degree holders.
                                                                                                                                                             Combining historical transaction data, market trends, and supplier production capacity, large models are
                                                                                                                                                             used to predict price fluctuations and optimize inventory strategies.
                                                                                                                                                             Automated Contracting and Compliance
                                                                                                                                                             Analyze contract terms, automatically generate risk alerts (such as delivery deadlines, quality standards),
        Case                   Data Industry Accolades                                                                                                       and integrate with electronic signature systems.
                                                                                                                                                             Supply Chain Synergy Optimization
                                                                                                                                                             Connect to enterprise ERP/MES systems, leverage AI models to analyze order volatility and production
                                                                                                                                             Intelligent     bottlenecks, and autonomously optimize supplier scheduling and logistics routing.
                                                                                                                                              Industrial
                                                                                                                                               Internet
                                                                                                                                               Platform
                                                                                                                                                             Equipment Health Management
                                                                                                                                                             Leverage IoT data and predictive AI to anticipate equipment failures, provide actionable maintenance alerts,
                                                                                                                                                             and reduce unplanned downtime.
                                                                                                                                                             Industry Solution Market
                                                                                                                                                             Open platform APIs to enable third-party developers to build vertical applications (e.g., energy consumption
                                                                                                                                                             optimization in steel industry, material traceability in electronics) using large AI models.
               Beijing United Information Technology Co.,Ltd
Industry-Academia-Research Collaboration                                                                                                             Participate in Digital Innovation for Key Regional Industries
Beijing United adheres to the philosophy of open innovation and collaborative development, actively engaging in industry-aca-                        As a benchmark enterprisein supply chain system development, Beijing United has achieved remarkable accomplishmentsin nation-al
demia-research partnerships with universities and scientific institutions. The Company deeply recognizes that universities and                       and regional key technological innovation as well as digital ecosystem development. The Company was selected as a "2024 National
research institutes possess cutting-edge scientific achievements, specialized talent resources, and advanced research facilities, while              Supply ChainInnovation and Application Best Practice Case" by China's Ministry of Commerce, demonstratingitsleadership in digital-in-
enterprises offer rich market experience, robust industrial transformation capabilities, and sufficient funding support. Through tripar-             telligent supply chain transformation, green development, collaborative innovation, and international cooperation.
tite collaboration, all parties can complement each other’s strengths, accelerate the transformation of scientific achievements into
real-world productivity, and jointly drive innovative industrial progress.
                                                                                                                                                     In the fields of industrial e-commerce, industrial internet, and industrial big data, Beijing United, guided by new quality productivity, active-
                                                                                                                                                     ly promotes multi-dimensional supply chain collaboration, helping SMEs reduce costs, improve efficiency, and achieve digital transforma-
                                                                                                                                                     tion. The Company is committed to enhancing supply chain management capabilities and supporting the advancement of industrial
     Joint Cultivation of                 Collaborate with universities to develop talent training programs, integrating real-world projects and
                                                                                                                                                     infrastructure and the modernization of industrial chains. Beijing United proactively collaborates with relevant institu-
      Innovative Talents                  industry needs into the curriculum for targeted talent development.                                        tions to establish "Industrial Internet Data Zones," facilitating the integrated development of data chains, industrial chains, supply chains,
                                                                                                                                                     and capital chains.
                                         Partner with research institutions for in-depth collaboration in key areas such as Industrial Internet,
 Joint Research Projects                                                                                                                             Moving forward, Beijing United will continue to invest in supply chain development, technological innovation, and digital ecosystem
                                         digital supply chain, and AI, jointly advancing R&D projects.                                               advancement, making active contributions to China's industrial upgrading and digital economy development.
                                         Explore the establishment of joint R&D platforms with universities and research institutions, integrating
                                         resources to create innovation hubs that combine industry, academia, research, and application.
     Joint R&D Platform                  Through these collaborative platforms, achieve resource sharing in talent, technology, and equipment,
                                         enhancing R&D efficiency and accelerating the transformation and application of scientific achieve-
                                         ments.                                                                                                               Case            Doodoo Digital Warehouse Platform
                                         Leverage the enterprise's strengths in market and industrial transformation to actively promote the              The Tianjin Smart Digital Cloud Warehouse Project carries out
                                         application of academic and research achievements in the industrial internet sector. For jointly devel-
     Promote Industrial                                                                                                                                   digital management based on actual operations, using practical
                                         oped technologies and products, the company facilitates market promotion and application validation
                                         through its own platforms and channels, accelerating the commercialization of scientific and technologi-         training as the medium, with the goal of mastering intelligent
          Synergy
                                         cal outcomes.                                                                                                    warehouse management systems. Warehouse operations have
                                                                                                                                                          achieved digitization in goods receiving/shipping, inventory
                                         Drive collaborative development across the industrial chain by commercializing industry-academia-re-             counting, shelf planning, and delivery route optimization. By
       Advance Tech                      search achievements. The Company promotes successful innovation models and technical expertise to                employing smart identification, automated scanning, real-time
      Implementation                     partner enterprises, accelerating digital transformation and upgrading across the entire sector.                 data updates and algorithm optimization, the project has
                                                                                                                                                          improved efficiency and accuracy across all processes. This
                                                                                                                                                          promotes the development of informatized, standardized and
                                                                                                                                                          normalized warehouse management and operations.
          Case                  Beijing United Supports University R&D, Empowering Industrial Digital Upgrade
      In November 2024, at the Innovation and Development Conference of
      the Fengtai Innovation Alliance Fund under the Beijing Natural Science
      Foundation, the technical team of Beijing United held in-depth discus?
      sions with over 20 expert representatives from prestigious institutions                                                                                 Case            Doodoo Digital Warehouse Successfully Listed in Khorgos
      including Tsinghua University, Beihang University, Beijing Institute of
      Technology, Beijing University of Technology, University of Science and
                                                                                                                                                          Toodudu officially launched its Digital Cloud Warehouse in
      Technology Beijing, Beijing University of Chemical Technology, and the
      Institute of Automation, Chinese Academy of Sciences regarding                                                                                      Khorgos. This milestone not only marks a significant advance-
      funded projects. Additionally, a strategic cooperation agreement was                                                                                ment in the Company’s digital supply chain expan-sion in
      signed with Beihang University.                                                                                                                     Xinjiang but also unlocks new opportunities for its e-commerce
                                                                                                                                                          platforms and upstream/downstream industry partners.
                                                                                                                                                          Furthermore, it injects fresh vitality into trade development
                                                                                                                                                          along the Belt and Road Initiative. The digital warehouse will
                                                                                                                                                          provide one-stop storage management services for e-com-
As a leading industrial e-commerce and industrial internet platform in China, Beijing United actively promotes the digital transforma?                    merce platforms, suppliers, and clients, enabling intelligent
tion and innovative development of SMEs across industrial chains. By continuously deepening collaborations with universities and                          operations in goods storage, allocation, and transportation. This
research institutions, the company leverages complementary strengths to jointly conduct R&D projects, tackle key technological                            will substantially improve warehouse utilization and logistics
challenges, and expand cooperative domains. These efforts ensure precise alignment between scientific achievements and industrial                         efficiency, making supply chain services more transparent,
needs, while accelerating the commercialization and application of research outcomes—driving industrial advancement through                               efficient, and controllable.
technological innovation. Recognized for two consecutive years as a "Chain-based" Digital Transformation Benchmark Case by
China's Ministry of Industry and Information Technology, Beijing United has emerged as an industry exemplar, fostering synergistic
growth within the industrial ecosystem.
               Beijing United Information Technology Co.,Ltd
Industry Associations Empowerment                                                                                                                The application ofIoT technology enables the company to provideintelligent solutions and technical support for enterprises, promot-
                                                                                                                                                 ing collaborative development across industrial chains. This technology has already demonstrated its value in smart manufacturing,
                                                                                                                                                 warehousing and logistics, environmental monitoring, safety management, and energy management—enhancing both production
The Company,leveragingits extensive expertisein B2B e-commerce andindustrialinternet, actively empowersindustry associations and
                                                                                                                                                 efficiency and safety.
provides multi-dimensional support for sector development.
                                                                                                                                                 Digital twin technology allows for the simulation and optimization of real-world production processes and system operations in
         Case                                                                                                                                    virtual environments, offering data-driven strategic support for decision-makers. The Company's digital twin solutions have been
                                                                                                                                                 applied in smart factories, supply chain visual management, remote equipment maintenance and health management, production
     In October 2024, a delegation from the China Customs Brokers Association visited the Company and held in-depth discussions
                                                                                                                                                 environment safety warnings, and energy and resource optimization.
     with the Company's senior executives. During the symposium, Ji Jingjing, CEO of Beijing United lydodo, presented the
     Compa-ny's business model, highlighting the Company' role as a leading B2B e-commerce and industrial internet platform
     committed to driving innovation in industrial and supply chain operations.As a core subsidiar of Beijing United, lydodo leverages           Cloud computing technology provides the Company with virtualization, distributed computing, automated management, cloud
     industrial e-commerce, deep supply chain solutions, and big data serices to continuously unlock the potential of industrial
     digitalization. The platform suppors enterprises in reducing costs and improving efciency, injecting strong momentum into                   storage, cloud security, and cloud computing platforms, supporting enterprise innovation and R&D. This technology has been widely
     industrial transformation, upgrading, and high-quality economic development. Qiu Yueling, the Vice President, expressed full                adopted in education, scientific research, and enterprise applications, improving resource utilization and response speeds.
     recognition of the Company’s industrial internet platform, paricularly its digital factor construction and digital supply chain
     serice system. She encouraged the Company to furher assist traditional enterprises in overcoming challenges related to digital
     tool selection, adaptation, and implementation costs under the trend of technology-driven digital transformation. By advancing              Through continuous R&D and application of these technologies, the Company has achieved a series of notable accomplishments,
     digital supply chain serices and digital industrial park initiatives, Guolian Securities can facilitate the integrated development of
                                                                                                                                                 including over 20 big data-related patents, multiple industry-leading AI use cases, and groundbreaking progress in IoT and digital
     traditional enterprises and digitalization.
                                                                                                                                                 twin domains. Moving forward, the Company will remain committed to technological innovation, delivering more comprehensive and
                                                                                                                                                 efficient digital transformation services to clients.
                                                                                                                                                 In the field of big data, the Company has established a vertical industry big data platform, leveraging precise data analysis and
                                                                                                                                                 application to unlock deeper data value and drive the digital transformation ofindustrial chains. The Company's technology has been
                                                                                                                                                 deployed across multiple scenarios,including transactions,logistics, warehousing, and production, enabling market demandinsights,
                                                                                                                                                 sales trend forecasting, supply chain bottleneck identification, and intelligent production transformation.
                                                                                                                                                         Case             Beijing United Innovation Cases in the Data Industry
Comprehensive Innovation in Data Factor Services
As a leading digital solution provider in the industry, the Company leverages five core technologies—big data, artificial intelligence, IoT,
digital twins, and cloud computing—to driveindustrial digital transformation. Our missionis to empower enterprises withinnova-
tive technologies, enabling data-driven decision-making, optimizing business processes, improving operational efficiency, reducing costs,
and ultimately achieving sustainable development.
In the field of big data, the Company has established vertical industry big data platforms to deeply mine data value through precise analysis
and application, facilitating the digital transformation and upgrading of industrial chains. These technologies have been applied to scenarios
such as transactions, logistics, warehousing, and production, enabling market demand insights, sales trend forecasting, supply chain bottle-
neck identification, and intelligent production transformation.
Artificial intelligence serves as a key pillar of the Company’s capabilities, particularly in large language models (LLMs), generative AI, and
multimodal technologies. The Company’s AI solutions have been deployed across business processes, sales and procurement forecasting,
e-commerce recommendations, intelligent customer service, and industrial inspection, significantly enhancing opera-
tional efficiency and service quality for enterprises.
                Beijing United Information Technology Co.,Ltd                                                                                                                                                                                                     Data Innovation and Quality Service
Technology Ethics and                                                                                                                                 Data Security and Privacy Protection
Algorithmic Applications
The Company, with its deep accumulation in the fields of B2B e-commerce and industrial internet, has actively empowered industry                      Data Security and Privacy Protection
associations, providing strong multi-dimensional support for industry development.
                                                                                                                                                      Philosophy and Framework
                                                                                                                                                      Beijing United attaches great importance to data security and privacy protection. The Company has established a sound internal
                                             Corporate Principles for Technology Ethics and Application
                                                                                                                                                      information security management system and organizational structure, while continuously enhancing its technical capabilities in
                                                   When conducting data collection and analysis, it is essential to protect user privacy and ensure   information security to comprehensively safeguard security requirements.
                                                   data security.
Data Privacy and Security                          All relevant laws and regulations must be complied with, and strict data management policies
                                                   must be implemented.                                                                               The Company strictly complies with Chinese laws and regulations including the Cybersecurity Law, Data Security Law, Regulations
                                                                                                                                                      on Security Protection of Computer Information Systems, and Network Data Security Management Regulations.
                                                    Ensure transparency in technology applications, enabling users to understand how technologies
Transparency and Fairness                           are used and their impacts.                                                                       Beijing United has implemented a comprehensive information security management system based on internal policies such as the
                                                    Prevent algorithmic bias to maintain fairness in technological decision-making, ensuring no
                                                    discrimination against any group.                                                                 Corporate Network Security Management System, Information Security Management System, Comprehensive Risk Management
                                                                                                                                                      System, IT Procurement Management System, and Data Change Management System. Under the leadership of the General Manager,
      Accountability and                            Technological innovation should consider its impacts on society, economy and environment to       the company has established a security management organization to ensure well-organized information security management activi-
                                                    drive sustainable development.
                                                    Enterprises must take responsibility for the consequences of their tech products and services,    ties.Furthermore, Beijing United has developed a multi-levelinformation security responsibility system that clearly defines responsi-
         Sustainability                             ensuring positive contributions to society.                                                       bilities at all levels. The Company focuses on policy implementation and accountability, conducts regular safety responsibility inspec-
                                                                                                                                                      tions, and ensures timely reporting of potential risks.
                                                    Enterprises should establish ethical review mechanisms to assess potential ethical risks
                                                    associated with new technologies and products.
Ethical Review Mechanisms                           Ethical reviews must be conducted at all stages of technology R&D and application to ensure       During the reporting period, the company obtained the following certifications: GB/T19001-2016/ISO9001:2015 Quality Management
                                                    alignment with societal values.                                                                   System Certification, ISO/IEC20000-1:2018 Information Technology Service Management System Certification, and
                                                                                                                                                      GB/T22080-2016/ISO/IEC27001:2013 Information Security Management System Certification. These certifications fully ensure the
                                                                                                                                                      privacy and security of stakeholders including employees, customers, and suppliers, effectively preventing data leakage incidents. In
                                    Corporate Future Goals for Technological Innovation and Development                                               throughout the year.
     Diversified Platform &                            Develop diversified platforms to enable comprehensive data collection, thereby enhancing the
                                                       functionality of the smart hub.
        Data Collection                                30% KPI completion scheduled for 2025
  Warehouse & Logistics                                Achieve automated warehouse dispatch to enhance logistics efficiency.
          Automation                                   40% deployment milestone to be reached in 2025
     Transparent Customer                              Enhance customers' shipment monitoring capabilities to improve service transparency.
            Process                                    20% KPI completion scheduled for 2025
  Intelligent Supply Chain                             Drive automation in supply chain processes to enhance overall decision-making efficiency.
         Management                                    60% AI-enabled decision penetration by 2025
                                                       Establish a comprehensive knowledge management system to facilitate information sharing                                          The Company’s Information Technology Service Management System Certification
 Knowledge Management
                                                       and experience accumulation.
            System                                     Full system implementation targeted for 2025
                          Beijing United Information Technology Co.,Ltd
Data Security and Privacy Protection Measures                                                                                                    Focus on Service Product Quality
                        Data Encryption Technology: Advanced encryption for storage/transmission, with dedicated encrypted storage for
                        confidential contracts and customer data to ensure maximum confidentiality.                                              Beijing United adheres to the principle of "quality first," integrating product quality throughout the entire business process, including
 Technical Security
                                                                                                                                                 procurement, sales, and logistics. The Company recognizes that high-quality products are the foundation for meeting customer
                                                                                                                                                 needs, earning market trust, and achieving sustainable development.
                        Access Control Technology: Strict role-based access protocols that precisely align data permissions with job functions
                        and responsibilities.
                                                                                                                                                 In strict compliance with relevant laws and regulations such as the Product Quality Law of the People's Republic of China and the
                                                                                                                                                 Import and Export Commodity Inspection Law of the People's Republic of China, the Company has established a comprehensive,
                        Security Monitoring & Alert Technology: Real-time network traffic analysis and system monitoring through                 multi-tiered quality management system supported by a digital management framework. This system clearly defines the responsibili
                        cutting-edge detection systems for immediate threat identification.                                                      ties of each role in product quality control, ensuring that quality management follows established protocols.
                                                                                                                                                 The Company has developed a cloud-based logistics tracking system that integrates with the BeiDou Navigation Satellite System
                                                                                                                                                 (BDS) to provide real-time updates on vehicle location, speed, and other critical data, enabling continuous monitoring of the
                                                                                                                                                 transportation process. This approach enhances transportation efficiency and service quality, mitigates logistics risks, and ensures
 Personnel Management
                                                                                                                                                 that product quality remains uncompromised during transit.
                        Security Training & Education: Conducts regular employee training programs covering data security laws, risk aware-
                        ness, and operational protocols to strengthen organizational security posture.
                        Background Screening & Supervision: Implements strict pre-employment vetting for data-handling positions, coupled
                        with ongoing employee monitoring and whistleblowing mechanisms to ensure compliance.
                                                                                                                                                 Enhance Customer Service
                                                                                                                                                 The Company upholds a "customer-centric" service philosophy, deeply understanding client needs and striving to deliver high-quali-
 Emergency Response
                        Emergency Response Planning: Developed comprehensive data security and privacy protection contingency plans
                                                                                                                                                 ty, efficient, and personalized services. We are committed to continuously enhancing customer satisfaction and loyalty.
                        that clearly define emergency procedures and departmental responsibilities during security incidents.
                        Drills & Continuous Improvement: Conduct regular data security emergency drills simulating various breach scenarios
                        to validate and enhance the Company's incident response capabilities.
                                                                                                                                                 Customer Service System
Data Security and Privacy Protection Achievements                                                                                                The Company continuously refines its after-sales management system by clarifying assessment rules, performance metrics, and
                                                                                                                                                 reward-penalty mechanisms to effectively motivate relevant departments to enhance after-sales service quality. We actively develop
                                                                                                                                                 and optimize the functionalities of Beijing United’s Cloud Customer Service System and After-sales Management System to improve
            Data Security Assurance
                                                                                                                                                 service handling efficiency, elevate customer shopping experience, and maintain strong client relationships.
Through the implementation of the above systems and measures, the Company did not experience any major data security incidents
in 2024, ensuring the normal operation of its business and the security of its data. The system stability and data integrity of the
company have been effectively maintained, providing customers with a safe and reliable service environment and enhancing custom-
ers' trust in the Company.
To prevent sudden system failures and ensure information security, the Company has established a security emergency response
                                                                                                                                                 Customer Feedback & Satisfaction
mechanism and formulated the Backup and Recovery Management System and Information System Disaster Recovery System. By
setting up a disaster recovery project team, the company has stipulated matters such as disaster prevention, recovery processes,                 The Company has established a closed-loop complaint management mechanism that encompasses preemptive prevention, real-time
power and network outage plans, and data catastrophic recovery                                                                                   control, and post-incident improvement. The Company provides multiple customer complaint channels to ensure timely and effective
                                                                                                                                                 resolution of client issues. Additionally, we organize offline bulk procurement salons and industry conferences to gain in-depth
                                                                                                                                                 understanding of customer needs, thereby continuously enhancing customer satisfaction.
            Implementation of Privacy Protection
During the reporting period, the Company strictly complied with privacy protection regulations, and no incidents of customer
information leakage or abuse occurred. The Company's measures to protect customer information have been recognized by clients,
enhancing its brand image and market competitiveness, and laying a solid foundation for its sustainable development.
                Beijing United Information Technology Co.,Ltd                                                                                                                                                                                               Data Innovation and Quality Service
                                      Beijing United Customer Complaint & Communication Channels                                                                      Beijing United TDD-global Co-hosted: 2024 China-Pakistan Animal Fodder and Fruits,
                                                                                                                                                       Case
                                                                                                                                                                      Vegetables Processing B2B Matchmaking Meeting
                       We actively monitor the evolution of social media and proactively engages with clients through these platforms.
      Social           Customers may follow our official social media accounts (including WeChat Official Accounts, etc.) to access the             On November 26, 2024, the 2024 China-Pakistan Animal Fodder and Fruits, Vegetables Processing B2B Matchmaking
      Media            latest corporate updates and service information, while also utilizing these channels to provide valuable feedback           Meeting, jointly organized by the Embassy of Pakistan in China, Board of Investment Pakistan, China Association for the
                       and suggestions.                                                                                                             Promotion of International Agricultural Cooperation (CAPIAC), China Grain Association, and Beijing United TDD-global, was
                                                                                                                                                    successfully held at the Marriott Hotel, HNA Plaza, Beijing.
                       Our business platform website offers comprehensive service information and multiple consultation channels.                   The meeting served as a strategic bridge to enhance agricultural cooperation and exchange between China and Pakistan.
      Online
                       Clients can visit our official business website to access detailed service offerings, policies, contact information,         It brought together 200 enterprises, culminating in the signing of 12 Memorandums of Understanding (MoUs) and 1 Letter
     Platform          and other relevant details.                                                                                                  of Intent (LoI), with a total projected trade value of USD 25 million, marking a significant milestone in bilateral agricultural
                                                                                                                                                    collaboration.
Responsible Marketing
The Company rigorously adheres to relevant laws and regulations including the Advertising Law of the People's Republic of China and
the Anti-Unfair Competition Law of the People's Republic of China, ensuring full compliance of all marketing activities. Throughout
advertising campaigns and market promotion initiatives, we implement stringent content review protocols to eradicate false advertis-
ing, prevent consumer deception, and uphold fair market competition standards.
                                       Beijing United Customer Complaint & Communication Channels
                              Product Information Disclosure: In all marketing activities, Global Linker guarantees the authenticity, accuracy,
    Ensure                    and completeness of product information provided to customers. Product introductions comprehensively cover
 information                  characteristics, quality standards, usage instructions, after-sales services, and other essential aspects to enable      Case           Beijing United Achieves Multiple Milestones at 2024 CIFTIS
 authenticity                 customers to make well-informed purchasing decisions.
     and                                                                                                                                            On September 15, 2024, the "China Enterprises Going Global Forum" hosted by the China Enterprises Going Global
                              Data Security: We maintain the highest standards for customer data security. All marketing operations strictly
   accuracy                                                                                                                                         Alliance, as a special forum of the 2024 China International Fair for Trade in Services, grandly opened at the Beijing Nation-
                              comply with relevant regulations to prevent any leakage or misuse of customer information.
                                                                                                                                                    al Convention Center. Xu Jian, Executive President of Beijing United' cross-border platform CNAUTO, was invited to attend
                                                                                                                                                    the summit and served as a dialogue guest at the high-end dialogue on "How Service Trade Enterprises Should Explore
                              Supporting Clients' Low-Carbon Transition: Leveraging our platform and technological strengths, we empower            and Integrate into the Global Market". Starting from the practical problems encountered by service trade enterprises in
  Promote                     small and medium-sized enterprises across the industrial chain to achieve green and low-carbon transforma-            exploring international markets and carrying out international cooperation, he discussed the development path of service
 sustainable                  tion.                                                                                                                 trade together with guests such as Zhou Wuzhong, President of the International Design Science Society. During this
                                                                                                                                                    period, CNAUTO reached a cooperation intention with the China Chamber of Commerce in South Africa, hoping to further
  develop-                    Sustainable Supply Chain Management: In procurement practices, we prioritize suppliers with strong sustain            deepen economic and trade cooperation and exchanges in other fields with South Africa.
    ment                      ability credentials, giving preference to those demonstrating excellence in environmental protection and social
                              responsibility.
Partnerships & Social
Responsibility
Supply chain management serves as the cornerstone of enterprise
development. We have established a highly efficient supply chain to
ensure timely raw material supply and rapid product delivery,
enhancing customer loyalty, strengthening market competitiveness,
and fostering innovation in industrial operations. Simultaneously, we
maintain close ties with local communities, not only accessing
regional resources but also giving back to society, thereby building
a strong brand reputation. Looking ahead, we remain firmly commit-
ted to integrating AI and digitalization with green development
principles. We will comprehensively optimize supply chain process-
es, achieve precise supply-demand matching, and reduce logistics
waste. We actively engage in community initiatives by supporting
local education and elderly care programs, organizing employee
volunteer activities, and promoting regional prosperity. Through
these efforts, we aim to create a mutually beneficial relationship
between the enterprise and the community, working together
toward a sustainable future.
  In 2024, the company has progressively strengthened the manage-
  ment of ESG-related documentation, including the signing of Integri-
  ty Agreements, Environmental and Occupational Health & Safety
  Communication Letters to Stakeholders, and Supplier SA8000 Social
  Accountability Commitment Statements with its suppliers.
  In 2024, the Company has further strengthened supplier training and
  market engagement initiatives.
  In 2024, the Company's public welfare service duration was 193
  hours, with a total of 43 person-times; the participation in public
  welfare environmental sanitation services was 305 hours, with a
  total of 233 person-times.
Commitment to Sustainable Development Goals (SDGs)
              Beijing United Information Technology Co.,Ltd
Responsible Supply Chain                                                                                                                                               Supply Chain Lifecycle Management
                                                                                                                                                                       Beijing United places high importance on supplier sustainability development and ESG governance. The Company has established
The Company is committed to developing a sustainable supply chain that not only meets procurement requirements and fulfills
                                                                                                                                                                       clear management requirements for environmental protection, social responsibility, and business ethics during the supplier qualifica-
commitments in a timely manner but also actively drives suppliers to enhance their sustainability performance. We implement
                                                                                                                                                                       tion process. Furthermore, we have integrated these requirements into all core stages of supplier management and conduct regular
end-to-end management across supplier qualification, procurement, evaluation, and capacity-building, with targeted integration of
                                                                                                                                                                       evaluations to ensure suppliers' ongoing compliance and effective risk prevention and control.
ESG risk assessments.
To ensure supply chain sustainability and mitigate financial and ESG risks, the Company has established a rigorous supplier manage-
                                                                                                                                                                                                          Beijing United Supply Chain Management System
ment mechanism, featuring a two-tier governance structure that operates at both corporate and project/city-company levels.
                                                                                                                                                                                                      Each subsidiary shall prioritize selection from the existing supplier directory based on Company
                                                                                                                                                                         Supplier Selection           needs and the technical specifications of the R&D department. If unsuitable, they may proceed to
                                                                                                                                                                                                      select from the open market for preliminary screening. Upon passing the document review, a
Supply Chain Governance Framework                                                                                                                                                                     thorough evaluation will be conducted.
The Company has established a supply chain management system centered on internal regulations such as the Procurement                                                                                 Suppliers must inspect their supplied products and provide valid qualification reports or certifi-
                                                                                                                                                                        Supplied Product              cates. Any changes must be notified in advance, and renaming requires submission of detailed
Management Standards, Supplier Management Regulations, and Stakeholder HSE Management Guidelines, which comprehensively                                                                               documentation. If a supplier has not supplied goods for an extended period or exhibits quality
                                                                                                                                                                       Quality Management
cover supplier development, evaluation, qualification, and full lifecycle management. These regulations clearly define supplier classi-                                                               irregularities, they must undergo re-evaluation or face disqualification.
fication criteria, development principles, and differentiated management strategies. Through dynamic assessments and ongoing
performance monitoring, the system ensures suppliers consistently meet the company's requirements in quality, delivery timelines,                                                                     Dynamic management shall be implemented, with evaluations conducted annually at year-end or
                                                                                                                                                                       Supplier Assessment            when new qualified suppliers are added. Each subsidiary shall organize the assessment and revise
environmental protection, and other key areas. Additionally, the company has implemented a supplier compliance review mechanism
                                                                                                                                                                         & Re-evaluation              the list of qualified suppliers based on comprehensive evaluation results, including supplier audit
that incorporates ESG indicators - particularly environmental protection and workplace safety - into qualification requirements,                                                                      reports.
thereby significantly strengthening supply chain sustainability
                                                                                                                                                                         Supplier Dynamic             Suppliers shall be periodically classified and rated based on their performance evaluation results,
                                                                                                                                                                                                      enabling dynamic management to reward excellence, eliminate underperformers, and drive contin-
                                                                                                                                                                          Classification &            uous improvement in product and service quality. Supplier management approaches shall be
                                                                                                                                                                           Management                 differentiated according to the total number of suppliers available to the Company.
                                                       Responsible for establishing the overarching direction and strategies for supplier management
                                                       Ensuring alignment between supply chain management and the company's long-term objectives and vision
                    Strategic
                    Planning
                & ESG Committee
                                                                                                                                                                       In the introduction of new suppliers, Beijing United prioritizes the comprehensive service capabilities of suppliers while also assess-
                                                                  Responsible for jointly establishing, reviewing, and implementing supplier managementrequlations
                                                                                                                                                                       ing their performance in environmental and social risk management aspects such as labor rights and business ethics. The Company
                  ESG工作小组                                         Ensuring alignment between supply chain management and the company's long-term objectives
                                                                  and vision                                                                                           has established systems including the Supplier Review Form and Supplier Evaluation Form to conduct qualification capability assess-
                                                                  Guaranteeing the proper enforcement of all supplier management provisions.
                                                                                                                                                                       ments, on-site audits, and credit rating evaluations during the selection and approval process of new suppliers, thereby ensuring
                                                                       Responsible for designing management tools, standardizing processes and systems, monitoring     quality, safety, and environmental compliance while promoting sustainable supply chain development. Simultaneously, when
                                                                       operational status, and collecting relevant appeals
                     子、分公司                                             Convening regular meetings to maintain periodic communication with strategic suppliers,         introducing new suppliers, the Company signs ESG-related documents with suppliers such as the Integrity Agreement, Environmen-
                                                                       ensuring effective alignment and coordination of mutual objectives and expectations
                                                                                                                                                                       tal and Occupational Health Safety Communication Letter to Relevant Parties, and Supplier SA8000 Social Responsibility Commit-
                                                                       Overseeing the monitoring and resolution of exceptional circumstances within the supply chain
                                                                                                                                                                       ment Letter to ensure their ESG performance.
                                                  Beijing United Supply Chain Governance Framework
                                                                                                                                                                                         Beijing United’s Supplier Screening Process
Supply Chain Security Risk Identification                                                                                                                                  Supplier Sourcing
The Company's monitoring and management of supply chain risks are essential to ensuring business continuity, compliance, and
                                                                                                                                                                           Based on market research findings, potential suppliers are screened and compiled into a list of candidate suppliers.
reputation protection while promoting sustainable development. We adhere to the principle of implementing comprehensive supply
chain risk management to identify and evaluate potential risks, take effective preventive and responsive measures, thereby enhanc-
ing supply chain resilience and responsiveness, guaranteeing product and service quality, protecting environmental and human
                                                                                                                                                                           Supplier Qualification Assessment
rights standards, and upholding the company's business ethics and governance principles. Our primary focus lies in risk identification                                     Establish a supplier evaluation team to conduct comprehensive assessments on quality, service, ESG and other dimen-
and management optimization for suppliers in the areas of product quality, ethical business practices, green production, and occupa-                                       sions in accordance with internal admission requirements. Based on field research, consolidate and complete the
tional health and safety                                                                                                                                                   Supplier Survey and Evaluation Report.
               Beijing United Information Technology Co.,Ltd
   Supply Chain ESG Training                                                                                                               Equal treatment for SMEs
Beijing United periodically organizes supplier exchange and training sessions to facilitate friendly and equitable development          In 2024, the Company strictly adhered to the contractual terms with small and medium-sized enterprises (SMEs), ensuring all due
through face-to-face communication between both parties. Additionally, the Group conducts regular awareness campaigns on work
                                                                                                                                        payments in compliance with agreements were made on time. We remain committed to maintaining strong cooperative relationships
safety and safety management requirements for qualified suppliers, aiming to enhance their safety awareness and empower their
development.                                                                                                                            with SMEs, upholding financial responsibility and sound asset management to ensure equal treatment for all partners.
          Case                 Beijing United’s Jiangxi Xinzhen Supplier Training
     In 2024, to enhance suppliers' overall capabilities and safeguard                                                                  Social Welfare and Volunteer Services
     employees' occupational health, the Company organized supplier
     training sessions for Jiangxi Xinzhen, with particular emphasis on
     compliance with operational protocols and workplace safety
     standards. The training covered proper operational procedures, safety
                                                                                                                                        Beijing United has consistently carried out a series of public welfare and philanthropic initiatives over the years, advancing charitable
     management measures, and occupational health protection require?
                                                                                                                                        causes such as poverty alleviation and educational support. These efforts not only demonstrate the Company's commitment to
     ments. It aimed to heighten suppliers' awareness of safety and health
                                                                                                                                        creating social value but also highlight the positive corporate ethos of the Group. Adhering to the spirit of volunteerism—"dedication,
     in production processes, ensure work environments meet safety
                                                                                                                                        fraternity, mutual assistance, and progress"—the Company actively encourages employees to participate in volunteer activities,
     regulations, reduce occupational diseases and accidents, and promote
                                                                                                                                        contributing compassion and warmth to society. Through initiatives such as rural revitalization, support for major events, and
     both operational efficiency and the physical/mental well-being of
                                                                                                                                        community-building programs, Beijing United has effectively leveraged the power of volunteer service to drive meaningful impact.
     employees.
                                                                                                                                        Looking ahead, we will further strengthen its efforts to give back to society, striving to make even greater contributions to the
                                                                                                                                        community.
          Case                  Beijing United’s Shandong Fuxiangrun Supplier Training
                                                                                                                                        Volunteer Engagement
     To enhance service quality, the Company organized supplier training
     for Shandong Fuxiangrun, designed toimprove suppliers' accuracy and
                                                                                                                                        Beijing United profoundly recognizes the symbiotic relationship between enterprises and society. A company's thriving development
     timeliness in product delivery as well as their overall service capabili-
                                                                                                                                        is never an isolated phenomenon, but rather deeply rooted in the fertile soil of societal support from all sectors. It is for this reason
     ties. The training program encompassed customer needs analysis,
                                                                                                                                        that the Company steadfastly advocates for and actively encourages every employee to dedicate their leisure time to participating
     quality control, after-sales service, and communication skills. It aimed
                                                                                                                                        in diverse volunteer activities. Through these tangible actions, we expect our team members to embody our collective gratitude and
     to strengthen suppliers' attention to detail in service processes, boost
                                                                                                                                        give back to the community.
     their responsiveness and service attitude, thereby ensuring better
     fulfillment of client requirements, increased customer satisfaction, and
     the development of long-term collaborative partnerships.
                                                                                                                                                Key Performance Indicators
  Conflict Minerals                                                                                                                          In 2024, Beijing United organized:
                                                                                                                                             · Environmental Cleanup Activities:
The Company's production process does not involve the use of 3TG minerals. At the same time, Beijing United adheres to responsi-             · Volunteer Service Programs: 43 staff engagements totaling 193 service hours
ble procurement practices, committing to refrain from using minerals sourced from conflict-affected regions. The Company also
explicitly requires its suppliers not to use minerals from such areas or any sources that violate its policies.
                                                                                                                                             · Public Awareness Campaigns: 20 employee involvements with 42 service hours
Beijing United pledges to comply with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affect-
ed and High-Risk Areas issued by the Organization for Economic Co-operation and Development (OECD), as well as the regulations
on tungsten, tin, tantalum, and gold minerals from conflict zones under the Dodd-Frank Wall Street Reform and Consumer Protection
Act. These requirements are incorporated into contracts or agreements with mineral suppliers to ensure that neither the company
nor its supply chain uses minerals originating from conflict-affected areas or those that contravene the Company's Non-Use of
Hazardous Substances Commitment.
              Beijing United Information Technology Co.,Ltd
Supporting Public Health Initiatives                                                                                                     Achieving Rural Revitalization
                                                                                                                                         Beijing United has consistently upheld a profound understanding and strong sense of mission, fully recognizing the pivotal role of
Beijing United has always placed public medical and health endeavors at an extremely important strategic level, with particular          rural revitalization in the nation's comprehensive development. The Company firmly believes that corporate growth is inextricably
attention and care given to the rare disease patient community. The Company has keenly recognized the challenges faced by rare
                                                                                                                                         linked to the prosperity of rural communities. Guided by this conviction, Beijing United has proactively shouldered its corporate social
disease patients—including scarce medical resources and exorbitant treatment costs—and the multiple layers of difficulties these
                                                                                                                                         responsibilities, making comprehensive efforts in rural revitalization and philanthropic initiatives, with the continuous improvement
circumstances impose on patients and their family lives. Based on this understanding, Beijing United has taken proactive action,
dedicating full efforts through various channels and approaches to enhance societal awareness and prioritization of all types of rare    of people's livelihoods as its unwavering goal.
diseases.
                                                                                                                                         In practice, the Company has closely aligned with the objectives of the 14th Five-Year Plan, focusing on pioneering industrial digital
Throughout its history, Beijing United has not only invested substantial human, material, and financial resources in combating viruses   economy practices as its core strategy to expand government-enterprise collaboration. By establishing innovative industrial digital
as part of major public health missions—demonstrating strong social responsibility—but in recent years has also continuously broad-
                                                                                                                                         economy models, Beijing United actively promotes the effective allocation and integration of resources into rural areas. In agricultur-
ened its philanthropic vision, gradually expanding robust support to numerous other medical public welfare initiatives. Whether
                                                                                                                                         al industrial upgrading, the company leverages digital technologies to optimize agricultural supply chains and enhance the added
through active participation in awareness campaigns about rare disease medical knowledge, generous contributions to the construc-
tion of rehabilitation facilities for rare disease patients, or the promotion of collaborations and funding for rare disease research    value of farm products. For rural talent development, it utilizes online platforms to provide skills training and knowledge sharing,
projects with medical research institutions, Beijing United has spared no effort. The ultimate goal is to create a more hopeful and      fostering endogenous momentum for rural growth. Through these concrete measures, Beijing United fully unleashes the immense
friendly social environment for the rare disease patient community, supporting them to feel less alone in their battle against illness   potential of the industrial digital economy in advancing rural revitalization, painting a vibrant blueprint for sustainable rural develop-
and to gain more assistance and support. This aims to improve their quality of life to a certain extent, while contributing unique and   ment and setting an exemplary model for corporate participation in this national endeavor.
crucial strength to building a healthy and harmonious society.
        Case                  Beijing United Charity Medical Consultation                                                                          Case           Beijing United's Strategic Partnerships Powering Rural Revitalization
     In 2024, Beijing United organized multiple charity medical consultation events that were warmly welcomed and well received               CUFE Rising Capital Management Co., Ltd. (hereinafter referred to as "CUFE Rising Capital Management"), Guangdong
     by participants. These activities provided medical services to over 100 participants in total. The consultation sites maintained         Dongjiang Green Agricultural Products Trading Co., Ltd. (the operator of Heyuan’s consumption assistance production-mar-
     an enthusiastic yet orderly atmosphere throughout the events, successfully enhancing participants' health awareness and                  keting platform, hereinafter referred to as "Dongjiang Green"), and Beijing United have officially signed a tripartite coopera-
     disease prevention knowledge. Participants unanimously expressed their appreciation for these events, noting that such activi-
                                                                                                                                              tion agreement. The core objective of this collaboration is to advance rural revitalization by leveraging advanced digital
     ties spared them the inconvenience of hospital visits while giving them a better understanding of their health conditions. Many
     voiced their hope that similar events would be held more frequently in the future.                                                       technologies to promote the green, high-quality, and brand-driven development of regional agriculture.
     During these medical consultations, a team of 14 healthcare professionals conducted comprehensive examinations for partici-              Under the agreement, Beijing United, CUFE Rising Capital Management, and Dongjiang Green will fully integrate their
     pants, including blood pressure monitoring, blood glucose testing, blood type identification, as well as specialized checkups            respective strengths to deepen cooperation in three key areas: B2B information services, digital technology, and B2B
     for neck, shoulder, back and leg pain, along with ear-nose-throat examinations. All medical specialists performed thorough
                                                                                                                                              vertical e-commerce. Specific initiatives include providing digital factory solutions, centralized e-commerce procurement,
     assessments and provided professional, science-based diagnosis and treatment recommendations to each participant.
                                                                                                                                              digital trading platforms, digital supply chain systems, and PTDCloud internet services for Heyuan’s rural revitalization
                                                                                                                                              efforts, with the goal of establishing a regional agricultural digital innovation demonstration system.
                                                                                                                                              The signing of this strategic partnership marks a significant milestone for CUFE Rising Capital Management in expanding
                                                                                                                                              its "fund +" business model, particularly in the "capital supports agriculture, technology empowers agriculture" sector.
                                                                                                                                              Moving forward, CUFE Rising Capital Management will continue collaborating with Beijing United and other stakeholders
                                                                                                                                              to multi-dimensionally and comprehensively support the development of smart agriculture, driving digital empowerment
                                                                                                                                              for rural revitalization.
                 Beijing United Information Technology Co.,Ltd                                                                                                                                                                                 Partnerships & Social Responsibility
          Case                   Beijing United's Strategic Collaboration Drives Rural Revitalization
                                                                                                                                      Advancing Green Practices
     Lydodo has strategically collaborated with leading rice producers in Tailai County, including Liushuixiang Ecological Agricul-
     ture Co., Ltd. These partners specialize in premium varieties such as "Longyang 16" and "Daohuaxiang", implementing strict
     quality control across the entire production chain—from rice cultivation and field management to storage, processing,            Deep Integration of Sustainability Principles into
     packaging, and sales. This comprehensive approach ensures the superior quality of Tailai rice, enhancing its market
     competitiveness and enabling farmers to sell their produce at better prices, thereby indirectly increasing rural incomes.        Business Operations and Innovation
     Through this deep integration with Tailai's rice industry, Lydodo has significantly advanced local agricultural development.      Actively responding to the national "dual carbon" goals, namely the carbon peak and carbon neutrality strategy, the company
                                                                                                                                       continuously enhances its environmental governance capabilities through optimized green management, embedding green
     The collaboration extends beyond production support to foster synergistic growth in logistics, packaging, and related
                                                                                                                                       development principles throughout its corporate growth journey.
     sectors, creating more employment opportunities locally. These initiatives not only stimulate rural economic prosperity but
                                                                                                                                       In the construction of its digital economy headquarters, the company adheres to the principles of "low-carbon, eco-friendly, and
     also provide stronger income growth channels for farmers, contributing to the sustainable development of Tailai's rice            smart," selecting durable building materials while fully utilizing information technology to enhance construction and manage-
     industry.                                                                                                                         ment efficiency. It emphasizes the circular use of construction materials and the recycling of construction waste, reducing
                                                                                                                                       environmental pollution at the construction site.
                                                                                                                                       The Company leverages its platform and technological strengths to help small and medium-sized enterprises (SMEs) across the
                                                                                                                                       industrial chain reduce costs, improve efficiency, and achieve green, low-carbon transformation. Through its "digital technology
                                                                                                                                       + digital factories" approach, the company assists partnered cloud factories in their digital transformation, enhancing production
                                                                                                                                       and operational efficiency while realizing energy savings and reduced carbon emissions.
                                                                                                                                      Promoting Green Practices in the
                                                                                                                                      Chemical Industry/Brand Development
                                                                                                                                       Beijing United's Duoduo Platform has established a titanium concentrate storage network connecting Panxi and Shandong with
                                                                                                                                       multimodal transportation. After consolidating large volumes of stable titanium concentrate purchase orders in Shandong, the
                                                                                                                                       company has transformed the long-standing logistics pattern dominated by road transport from Panxi by setting up central
                                                                                                                                       warehouses in Tianjin Port and Huanghua Port (Hebei) for multimodal transportation.
                                                                                                                                       Multimodal transportation optimally utilizes the advantages of each transport mode while mitigating their weaknesses, achieving
                                                                                                                                       both energy conservation/emissions reduction and significant cost savings. This approach has reduced titanium concentrate
                                                                                                                                       logistics costs from the original 450-600 yuan/ton to no more than 350 yuan/ton. Compared to the average selling price of
                                                                                                                                       about 2,200 yuan/ton for titanium concentrate, logistics costs can be directly reduced by approximately 10%.
                                                                                                                                       Beijing United is dedicated to constructing a green supply chain system for China's coatings industry. Through digital manage-
                                                                                                                                       ment and multimodal transportation practices, we are driving low-carbon development across the industrial chain to new
                                                                                                                                       heights.
                                                                                                                                       Beijing United has established a "Digital Cloud Factory + Digital Supply Chain + Industrial Internet" ecosystem to facilitate energy
                                                                                                                                       conservation and emissions reduction in manufacturing, fully committed to building a sustainable green industrial circle.
Employee Employment and
Career Development
Beijing United adheres to a people-oriented approach, providing
employees with multi-dimensional benefits and care covering health,
life, financial security, etc. By continuously improving talent develop-
ment paths, optimizing the employee training system, and establish-
ing employee incentive plans, it creates a comfortable and safe
working and living environment for employees, enabling them to
integrate self-worth with corporate values and achieve common
development and progress with the Company.
  As of the end of 2024, the Company had            1,380 on-the-job
  employees, with female employees accounting for      56%.
  In 2024, the Company had      1,184 person-times participating in
  work safety training, with an employee coverage rate of 85.8%.
  In 2024, the headquarters of Beijing United and its subsidiaries
  organized a total of
  pation of 38,924 person-times.
  In 2024, the Company's new employee training covered all newly
  hired staff, with a   100% coverage rate.
Commitment to Sustainable Development Goals (SDGs)
              Beijing United Information Technology Co.,Ltd
Employee Development
                                                                                                                                          The Company has formulated internal documents such as the Discrimination Prohibition Management System, Policy and Procedure
                                                                                                                                          Document for the Prevention of Child Labor Employment, Forced Labor Prohibition System, and Basic Personnel System. Adhering to
                                                                                                                                          open, fair, and just recruitment processes and the principle of equal employment, it opposes any form of discrimination, prohibits
                                                                                                                                          child labor, resists all forms of forced and compulsory labor, promptly completes the signing of labor contracts for new hires, and
                                                                                                                                          makes every effort to protect employees' legitimate rights and interests. In terms of employment principles, the Company has always
                                                                                                                                          adhered to the concept of equality and non-discrimination, treating every employee fairly and justly. Regardless of gender, region,
Employee Development Management Framework                                                                                                 race, or religious belief, it provides them with equal employment opportunities, development space, and compensation. The Compa-
                                                                                                                                          ny also actively promotes the construction of a diversified team, encourages talents from different backgrounds to gather, learn
                                                                                                                                          from each other, collaborate, and jointly contribute to corporate development.
Our overall employee development strategy is formulated by the Board of Directors, with the management team led by the
President responsible for execution. As the primary department in charge of human resources, the Human Resources Department
is responsible for the specific implementation of a series of employee development-related affairs, including compensation and
                                                                                                                                                  Key Performance Indicators
benefits, diversified employment, labor rights, and employee training. All our subsidiaries have established human resources depart-
ments or personnel specialists to carry out related work and protect employee rights.
The Human Resources Department has overall responsibility for the Company's employee development, including formulating and                  As of the end of 2024, the company had       1,380 on-the-job employees, with female employees accounting for 56%.
executing recruitment policies, employee training and development, compensation and benefits management, as well as employee
promotion and incentive mechanisms. The department also ensures compliance with policies against child labor and forced labor                The Company has no form of employment discrimination or forced labor, and the labor contract signing rate for
during the recruitment process, and manages the introduction and administration of high-end talent. In addition, the Human                   employees is   100%.
Resources Department oversees employees' career planning and job changes, promoting their continuous growth and development
within the Company.
Employee Development Risk Management                                                                                                        Comprehensive Compensation, Benefits and Care
                                                                                                                                          We firmly believe that talent is the core driving force for enterprise development, and unswervingly implement an innovative distribu-
Through systematic surveys, interviews, audits, data analysis, and other multi-channel approaches, we continuously identify and           tion policy that combines salary incentives with non-salary benefits, while carefully carrying out a targeted hierarchical management
assess employee satisfaction and engagement, training and development needs, the effectiveness of benefits and work-life balance,         model. In terms of salary incentives, the company has always adhered to the core philosophy of "efficiency first, fairness consider-
as well as the actual impact of innovative incentive mechanisms. Meanwhile, we conduct regular reviews of internal communication          ation, and legal compliance", and made every effort to create the Salary and Welfare Management system of Beijing United that is
efficiency and compliance with human rights and labor standards to ensure effective protection of employee rights. By deeply              highly aligned with the enterprise strategy.
analyzing diversity and inclusion opportunities and continuously benchmarking against external standards and industry practices,
we continuously optimize our employment compliance strategies, turnover rate management, and supply chain human rights and                Basic Principles of the Company's Salary Distribution
labor standards reviews. On this basis, supported by rigorous supervision and assessment mechanisms, we integrate key perfor-
mance indicators (KPIs) into human resources strategies and department heads' evaluations to ensure that employee-related issues                                   The design of salary focuses on establishing a reasonable value evaluation mechanism. Under unified rules,
remain closely aligned with the Company's overall development goals and continue to improve.                                               Flexibility Principle
                                                                                                                                                                   the final income of employees is determined through performance evaluation.
Employee Development Strategy
                                                                                                                                                                   To break the rigidity of wages and enhance wage flexibility, performance appraisal is used to closely link
                                                                                                                                           Legality Principle      employees' income with both company performance and individual performance, thereby stimulating employ-
                                                                                                                                                                   ee enthusiasm.
                                                                                                                                                                   The growth of labor costs corresponds to the profit margins of each branch. The appropriate increase in wage
  Equal and Diverse Employment Strategy                                                                                                    Economy Principle
                                                                                                                                                                   costs is used to inspire employees to create more economic value, achieving sustainable development.
We uphold a high sense of social responsibility and legal awareness, strictly comply with a series of international conventions and                                The salary distribution complies with national and local labor laws and regulations. In the distribution process,
domestic laws and regulations, effectively protect human rights in all aspects of corporate operations, safeguard the legitimate rights    Incentive Principle
                                                                                                                                                                   employees' basic rights and interests are protected, and any discriminatory or unfair practices are prohibited.
and interests of employees and suppliers, and actively build harmonious and stable labor relations. The Company fully abides by
important international conventions approved or signed by the Chinese government, such as the International Covenant on Economic,
                                                                                                                                                                   The business environment and development strategies of enterprises are constantly changing, so the salary
Social and Cultural Rights, the International Covenant on Civil and Political Rights, and the Convention Concerning the Elimination of     Fairness Principle      distribution system should have a certain degree of flexibility to adjust according to the changes of the enter-
Discrimination in Respect of Employment and Occupation, integrating international human rights standards into corporate manage-                                    prise.
ment concepts and practices.
              Beijing United Information Technology Co.,Ltd
Welfare System: The Company strictly formulates the Insurance and Housing Fund Management policy of Beijing United in accor-             Employee Assistance: Beijing United has long been committed to providing comprehensive support and relief initiatives, conducting
dance with relevant national and local policies and regulations. It fully contributes to social insurances such as endowment, medical,   thorough and meticulous research to ensure effective aid. The Company dispatches multiple professional research teams to various
work-related injury, maternity, and unemployment insurances for employees, ensuring they can obtain solid protection when facing         departments and grassroots positions, engaging in in-depth conversations with employees in need and their families to fully under-
various life risks. Meanwhile, it actively implements the housing provident fund system to help employees achieve the dream of           stand their practical challenges in daily life, healthcare, education, and other areas. Through extensive collection of employee
                                                                                                                                         feedback and analysis of first-hand data, the company identifies precise directions for its assistance programs. It implements target-
having a stable residence. In terms of implementing national policies, the Company has always adhered to a rigorous and responsible
                                                                                                                                         ed support measures, such as "one-to-one employee assistance partnerships," ensuring that "genuine difficulties receive genuine
attitude, strictly enforcing a series of policy regulations involving employee benefits such as maternity leave and parental leave,
                                                                                                                                         help." Additionally, Beijing United has institutionalized "Warmth Delivery" initiatives. During holidays, the company provides thought-
effectively protecting employees' legitimate rights and interests during special periods, and making employees feel the warmth and       ful seasonal care packages to employees in need, conveying corporate care and goodwill. Moreover, the company continues to
support of the enterprise.                                                                                                               expand universal welfare programs, extending support beyond financially strained staff to cover all employees—ensuring everyone
                                                                                                                                         feels the warmth of the corporate family.
  Social Insurances                                                 Employee Care Benefits
Endowment insurance, medical insurance, work-related              Afternoon tea, birthday parties, exclusive birthday surprises for
                                                                                                                                                  Case          Beijing United's Employee Assistance Program for Staff in Need
injury insurance, maternity insurance, unemployment               employees, team building activities, monthly kick-start packs,
insurance                                                         performance incentive promotion activities
                                                                                                                                              At Beijing United, employee care is not just a slogan—it’s reflected in daily actions.
  Housing Benefits                                                  Seasonal Care
                                                                                                                                              In 2024, Xiaohua, an employee of Beijing United, faced significant financial strain due to long-term medication needs,
Housing provident fund system, staff dormitories                  Cool drinks, heatstroke prevention supplies (summer), warm
                                                                                                                                              making life difficult for his family. Upon learning of his situation, leaders of the Company immediately activated the
                                                                  blankets, hot drinks (winter)                                               assistance program, providing Xiaohua with a monthly stipend of 500 yuan (totaling 6,000 yuan annually) to ease his
                                                                                                                                              burden. Additionally, Beijing United assigned a colleague to support Xiaohua’s workload, allowing him flexible scheduling
                                                                                                                                              to care for his family without compromising his job responsibilities.
  Statutory Holidays                                                 Assistance and Relief Benefits
Maternity leave, parental leave, marriage leave, sick             Assistance and relief work (pairing assistance, life, medical and           To systematically assist employees like Xiaohua during unexpected hardships, Beijing United conducts ongoing research
leave                                                             educational support), condolences to employees in difficulty                into employee challenges, strengthening assistance policies and establishing a comprehensive emergency support system
                                                                                                                                              with clear guidelines and procedures. The Company has also implemented a dynamic tracking system, maintaining detailed
                                                                                                                                              records of employees in need to ensure timely and effective aid.
  Communication Benefits                                             Life Benefits
Communication allowance                                           Marriage bonus, festival greeting gifts, seasonal care packages
                                                                                                                                                  Case          Beijing United "NextGen Support Program"
                                                                                                                                              Beijing United places great emphasis on employee training and education, while
                                                                                                                                              also paying close attention to the academic development of "NextGen" (children of
                                                                                                                                              employees).
                                                                                                                                              "NextGen" members who gain admission to prestigious universities are eligible for
                                                                                                                                              educational grants ranging from 5,000 to 30,000 yuan. All those admitted to
                                                                                                                                              undergraduate programs receive a special enrollment gift. In 2024, a total of 14
                          Birthday Parties for Employees                              Monthly Kick-Start Packs                                employee families received the "NextGen Enrollment Gift" - a gold jewelry set from
                                                                                                                                              Caibai - provided by the Company's assistance fund.
                   Beijing United Information Technology Co.,Ltd
 Care for Female Employees: In protecting female employees, the Company has established the Regulations on Maternity Leave and
 Salary Payment in accordance with the Special Provisions on Labor Protection for Female Employees and the Population and Family
                                                                                                                                                                                                Corporate Training System and Performance Appraisal System
 Planning Regulations, providing special care for female staff to safeguard their rights and interests at the institutional level. Addition-
                                                                                                                                                                                                    Implement an online+offline integrated model to create a full-coverage training and learning
 ally, the company prioritizes and enhances labor protection for female employees in production processes by conducting regular
                                                                                                                                                                                                    environment.
 hygiene inspections of their work environments and continuously improving their working conditions. Furthermore, the company
                                                                                                                                                                    Employee Training               Complement internally developed courses with external premium courses, and build an in-house
 actively implements a regular health check-up system for female employees, paying close attention to their physical and mental
                                                                                                                                                                                                    trainer team.
 well-being. Recognizing the unique challenges women face in balancing work and family life, the company has also designed a series                                          System
                                                                                                                                                                                                    Establish learning maps for key positions to assist in course development.
 of exclusive care initiatives to support them.
                                                                                                                                                                                                    Create an internal learning operation system to foster a positive learning and sharing atmosphere.
           Case                    "Joy Within, Joy in Action" Mother's Day Event                                                                                                                   Regularly carry out employee training activities through open courses, external training,
                                                                                                                                                                                                    team-building activities, etc., combined with tests to understand employees' acceptance level.
       In May, as the Mother's Day arrived, Beijing United meticulously                                                                                     Training Performance
                                                                                                                                                                                                    Establish a complete training management process and execution standards to achieve integration
       organized a special celebration under the theme "Joy Within, Joy                                                                                                    Confirmation             of company-wide training performance data.
       in Action", presenting its female employees with a holiday gift                                                                                                                              Improve the human resources digitalization system.
       brimming with love and care.
       The Company premises were adorned with exceptional warmth,
       suffused with festive cheer throughout. Vibrant fresh flowers and
                                                                                                                                                                                                                          Training Program System
       exquisite refreshments graced the venue. The event commenced
       with an enlightening "Women's Self-Care and Psychological
                                                                                                                                                      Development
                                                                                                                                                                              Leadership programs are primarily aimed at management cadres of the group and its subsidiaries, with the goal of
                                                                                                                                                       Leadership
       Wellness" lecture delivered by a professional counselor. Through
                                                                                                                                                                              cultivating leaders who possess strategic vision, market insight, and team cohesion to drive the Company's business
       vivid case studies and accessible explanations, the expert guided
                                                                                                                                                                              expansion and technological innovation. The courses cover content ranging from basic leadership skills such as
       participants to recognize the importance of nurturing their inner
                                                                                                                                                                              communication techniques and team building to advanced strategic management and change management.
       selves while caring for their families, emphasizing essential
       stress-relief techniques and emotional management strategies.
                                                                                                                                                      Professional Skill
                                                                                                                                                       Enhancement
                                                                                                                                                                             The group coordinates while each professional line including finance, technology, trading, commerce, and customer
                                                                                                                                                                             service organizes training independently, introducing unified work thinking, concepts, and standardized processes to
      Continuous Employee Training and Development                                                                                                                           enhance job-specific professional skills and collaborative capabilities.
 The talent development strategic vision of Beijing United is closely linked to the Company's overall mission and vision - to achieve
 the common growth of talent and the enterprise.
                                                                                                                                                      Competence
                                                                                                                                                      Professional
 Talent Development Principles                                                                                                                                               Professional competence programs mainly focus on general knowledge projects, where lecturers Beijing United's
                                                                                                                                                                             internal trainer team and external professional teams provide Company employees with general office knowledge
                                   In terms of talent development, we have achieved full coverage, ensuring that employees at any job level or                               such as Office applications, marketing skills, business etiquette, and effective communication.
   Full Coverage
       Principle                   position will have matching learning plans at different stages.
                                   Beijing United upholds the philosophy of "valuing both qualifications and character while attaching less impor-                            After joining the Company, new employees will enter the "Hello New Colleague Onboarding Camp". Focused on the
                                                                                                                                                         New Employee
                                   tance to academic credentials and seniority", which embodies a practical competency orientation that empha-
                                                                                                                                                                              growth path of "enlightenment - wing practice - feather enrichment - flight" and guided by the training mainline of
                                   sizes both virtue and talent. During recruitment and talent promotion, the Company places greater emphasis
Competency-Oriented                                                                                                                                                           "Guolian first experience - deeper understanding of industry chains - methodical work - strongest in the workplace",
                                   on employees' actual work capabilities. For example, for business positions, it prioritizes practical business
       Principle                                                                                                                                                              the camp provides training on the Company’s corporate culture, basic employee rules and regulations, legal and
                                   competencies such as market development and customer relationship management. Training is also carried
                                                                                                                                                                              integrity construction, business introduction, work processes, and skill training.
                                   out in a targeted manner to address the specific capabilities required for different positions.
                                   With the development and changes of the Company's business, dynamic adjustments will be made to talent.
                                                                                                                                                         Reading Sharing      The Company has formulated the Reading Together for Knowledge Sharing - Annual Co-reading and Co-cultivation Plan,
                                   For example, when the company transforms from traditional information service business to big data services,                               creating a long-cycle and diversified learning project through curated booklists, selected content, customized sched-
Talent and Business
                                   it will reassess and redeploy internal talent. Employees with potential in data analysis will be key-trained and                           ules, and interactive dialogues. Taking books as the carrier and booklists as the basis, it guides members' learning
 Matching Principle                                                                                                                                                           directions, creates more internal interactive channels, and fosters greater consensus, co-creation, and win-win
                                   adjusted to big data-related positions. Meanwhile, talents with professional skills such as big data algorithms
                                                                                                                                                                              outcomes.
                                   and data mining will be recruited to ensure that the talent structure adapts to the business structure.
                Beijing United Information Technology Co.,Ltd                                                                                                                                                                            Employee Employment and Career Development
Meanwhile, the company encourages employees to actively participate in training activities organized by the company, providing
                                                                                                                                                                           Beijing United Talent Performance Management System
both online and offline training formats for employees to choose from, so as to maximize employee participation rate.
                                                                                                                                                                                          Strategy of
                                                                                                                                                               Strategy-Oriented                                Continuous         Differentiated     Data-Driven and
                                                                                                                                                                                     Combining Precision       Feedback and
                                                                                                                                             Core Strategy     Objective Setting                                                   Incentive and           Dynamic
            Key Performance Indicators                                                                                                                                                Quantification with     Communication
                                                                                                                                                                    Strategy                                                    Development Strategy Adjustment Strategy
                                                                                                                                                                                     Qualitative Evaluation      Strategy
     In 2024, the headquarter of Beijing United and its subsidiaries organized   358 training sessionsin total,                                                   Strategic Layer
                                                                                                                                                                                        For the supreme management body in the implementation of the group's perfor-
                                                                                                                                                                                        mance management, it is responsible for the final review and approval of the
                                                                                                                                                                   Performance
     with 38,924 person-times participating.                                                                                                                       Management
                                                                                                                                                                    Committee
                                                                                                                                                                                        performance management system, plans, and results, provides guidance on the
                                                                                                                                                                                        implementation of performance management, and ensures the smooth implemen-
     The important trainings included 19 new-employee training camps, 27 experience-sharing sessions,
                                                                                                                                                                                        tation of the entire performance management work.
                                                                                                                                                                  Group Human
                                                                                                                                                                                        Responsible for designing performance management systems and process tools,
                                                                                                                                                                                        organizing and promoting line managers at all levels to carry out performance
     The new-employee training covered all the new employees in 2024, with a coverage rate of 100%.
                                                                                                                                                                Resources Center        management work.
                                                                                                                                              Governance
     The general-skill open-classes were participated by all employees, with a coverage rate of 97.23%.                                                         Management Layer        Formulate the group-level operating budget and provide specific data and result
                                                                                                                                               Structure
                                                                                                                                                                 Group Operation        verification for each business unit during the organizational goal-setting and goal
                                                                                                                                                                and Finance Center      assessment processes.
                                                                                                                                                                                        Responsible for implementing the formulation and decomposition of performance
                                                                                                                                                                 Execution Layer        assessment objectives for each department, and providing operational data
                                                                                                                                                              Business Departments
                                                                                                                                                                                        verification for intra-departmental or cross-departmental purposes.
  Systematic Employee Assessment and Promotion
We have always placed great importance on employees' career development, committing to building a scientific, transparent, and
                                                                                                                                                  Case          Boosts Employees' Career Development through Qualification Certificates
diversified career promotion system. We continuously improve the construction of talent growth channels, expanding career paths
for employees in both horizontal and vertical dimensions to provide broad space for their professional development.
                                                                                                                                              In 2024, Beijing United actively committed to promoting the continuous progress of professional and technical personnel,
                                                                                                                                              vigorously optimized employees' career development paths, and made every effort to build an excellent talent system with
The Company has formulated institutional documents such as the Group Promotion Policy, Group Internal Talent Mobility Management              specialized skills and multiple competencies. By revising the Administrative Measures for Encouraging Employees to Obtain
                                                                                                                                              Qualification Certificates (2023 Edition), the company has stimulated the high enthusiasm of professional and technical
System, Group Internal Competition Management System, Personnel Performance Appraisal Management System, and Cadre Manage-
                                                                                                                                              personnel for technical research through clear reward mechanisms, thereby laying a solid foundation of human resources
ment System. These documents establish clear internal promotion mechanisms, job rotation systems, competition standards, and                  and qualifications for the company's long-term development. This ensures that the company always maintains abundant
long-term talent development mechanisms to ensure the fairness and impartiality of promotion work and assist employees in rapid               intellectual resources and professional advantages in the fierce market competition, steadily advancing toward a more
growth. By building a promotion system platform, we clarify promotion evaluation criteria, processes, and ratios to ensure transpar-          brilliant development journey.
ency, while continuously improving promotion communication platforms and incentive-restraint mechanisms. In the vertical dimen-
sion, based on the actual needs of the group and its subsidiaries, we standardize the internal and cross-unit promotion mechanisms
to ensure clear, fair, and orderly paths; in the horizontal dimension, we regulate the flat transfer mechanism across units or depart-
ments in line with the group's strategic layout, promoting rational talent flow and optimal allocation to achieve the right person in
the right position.
                                                                                                                                          Smooth Employee Communication and Appeal Mechanism
                                                                                                                                          At Beijing United, employee communication and participation are regarded as important cornerstones of corporate development.
From March to May 2024, Beijing United carried out a comprehensive talent inventory across the group. Through systematic sorting          The Company is committed to building an all-round and multi-level communication and participation system to promote in-depth
and in-depth analysis, we fully grasped the overall talent status and development potential, providing a solid basis for precise talent   understanding and close cooperation between employees and the enterprise, and jointly drive the sustainable progress of the enter-
cultivation and rational utilization. Immediately following, in May, the Company held a rigorous public internal selection and competi-   prise. The Staff Congress is one of the important channels for communication between the Company and employees. Every year,
tion, further tapping into internal talent potential, stimulating employees' competitive awareness and enterprising spirit, and inject-   the group and its subsidiaries conduct research on employee needs through holding Staff Congresses, and promote exchanges and
ing continuous momentum into the Company's sustainable development.                                                                       interactions between the Company and employees on issues such as work safety, environmental protection, enterprise manage-
                                                                                                                                          ment, production and operation, and salary distribution.
Furthermore, to fully stimulate the work enthusiasm and initiative of all employees, comprehensively enhance organizational vitality
                                                                                                                                          In addition to the Staff Congress, based on the principle of equality for all employees, Guolian Shares has established "online +
and efficiency, and strongly promote the steady development of the Company's business and continuous improvement of manage-
                                                                                                                                          offline" direct communication channels with employees. The company regularly notifies employees of the Company's operation and
ment, the Company implements a regular performance appraisal system for all employees at the headquarters and subsidiaries.
                                                                                                                                          management information through training, meetings, announcements, cultural promotion and other forms. The group headquarters
Through a scientific and reasonable appraisal index system and a rigorous and fair evaluation process, we accurately measure
                                                                                                                                          and its subsidiaries hold management meetings and all-staff communication meetings. At the same time, the company conducts
employees' work performance and contribution value, providing key bases for salary adjustments, promotion rewards, and training
                                                                                                                                          annual employee satisfaction surveys and project-specific satisfaction surveys through internal online surveys and other special
development. This effectively motivates employees to pursue excellence, achieving common growth between individuals and the               survey methods.
organization.
                                                                                                                                                                                                                                                  Employee Employment and Career Development
               Beijing United Information Technology Co.,Ltd
In response to employee feedback, the Company makes every effort to facilitate the expression of employee concerns by establish-                Safety Management Policy System
ing a formal grievance mechanism. Employees may anonymously report any misconduct, negligence, or violations through multiple
channels, including complaint boxes, dedicated hotlines, and email. All reported matters or violations will be treated as confidential
information. To ensure accountability, the Company has established an independent investigation department responsible for
conducting timely inquiries, adjudicating cases, providing resolutions, and responding to complainants. This structured approach                                                      Define the organization's safety management policy, emphasizing the principle of "Safety
fosters a healthy, orderly, and positive corporate environment.                                                                                                                       First, Prevention First, and Comprehensive Management". Set specific, measurable, achiev-
                                                                                                                                                 Safety Management Policy
                                                                                                                                                       and Objectives                 able, relevant, and time-bound safety objectives, such as reducing accident rates and
         Key Performance Indicators                                                                                                                                                   increasing safety training coverage.
     In 2024, the Company received 6 employee complaints, achieving a                     100% satisfactory resolution rate.                                                          Including the establishment of safety management organizations, implementation of safety
                                                                                                                                                     Safety Management
                                                                                                                                                                                      responsibilities, safety supervision and inspection, and emergency handling of major
                                                                                                                                                        Policy System
                                                                                                                                                                                      accidents.
Health & Safety                                                                                                                                                                       Beijing United Occupational Health and Safety Management System: Clarifies the responsibili-
                                                                                                                                                                                      ties of management at all levels and employees in safety management, including leadership,
                                                                                                                                                                                      safety management departments, grassroots managers, and staff. Implement the work safety
                                                                                                                                                                                      responsibility system to ensure that everyone understands their safety obligations.
The Company strictly abides by relevant laws, regulations and policy provisions such as the Work Safety Law of the People's Republic
                                                                                                                                                                                      Establish a risk assessment mechanism to comprehensively identify various safety risks faced
of China, the Law of the People's Republic of China on the Prevention and Control of Occupational Diseases, the Environmental Protection
                                                                                                                                                                                      by the organization, including personnel, equipment, and environmental aspects. Formulate
Law of the People's Republic of China and the Fire Protection Law of the People's Republic of China. Combined with the annual new
                                                                                                                                                     Specific Safety                  corresponding control measures and emergency plans for the identified risks.
regulations requirements of regulatory authorities, it continuously improves the construction of the company's safety management
                                                                                                                                                   Management Policies                Develop comprehensive emergency plans for various emergencies, including fires, accidents,
system and management system, and promotes the company's safety operation level to a new stage.
                                                                                                                                                                                      and natural disasters. Conduct regular emergency drills to enhance employees' emergency
                                                                                                                                                                                      response capabilities.
In terms of health management, the Company has established and improved employees' health files, regularly organized health
                                                                                                                                                                                      Establish a safety supervision mechanism to regularly inspect the implementation of safety
check-ups, and paid attention to employees' physical and mental health status. It actively carries out occupational health protection
                                                                                                                                                                                      management systems. Timely identify and rectify safety hazards, and deal with violations.
training, equips employees with necessary labor protection articles, optimizes the working environment, and prevents the occurrence
                                                                                                                                                                                      Regularly evaluate the effectiveness of the safety management policy system and adjust and
of occupational diseases.
                                                                                                                                                                                      improve it based on actual conditions. Encourage employees to propose safety improvement
Health and Safety Management Structure                                                                                                                                                suggestions to continuously enhance safety management standards.
Beijing United attaches great importance to Health, Safety and Environment (HSE) management, making every effort to build and
continuously improve the HSE management system, and comprehensively safeguarding personnel health, operational safety and the
ecological environment in the company's production and operation. The Company has established a Safety Management Commit-
tee, with the Group President personally serving as the team leader, and senior management personnel respectively acting as
executive team leaders, deputy team leaders, secretaries general and team members, forming a strong leadership team. The Safety
Committee comprehensively coordinates safety management work to ensure that the company strictly complies with all national,
                                                                                                                                                Implementation of Work Safety Responsibility System
local and industry laws and regulations, rules and regulations, and standards in the field of safety, environmental protection and
occupational health.
                                                                                                                                                In terms of clarifying management responsibilities, the Company has further refined safety management objectives, implemented
                                                     Beijing United Safety and Health Management Structure                                      responsibilities layer by layer to each safety management entity, ensuring that every link and position has clear safety obligations.
                                                                                                                                                Meanwhile, it optimizes work safety processes to eliminate potential risks through sound process design; strengthens work safety
                                                                                                                                                assessment, closely linking safety performance with employee incentives to stimulate the initiative of all staff to actively participate
                                                                Safety Management
                                                                    Committee                                                                   in safety management.
                                                                                                                                                Additionally, the Company has carefully formulated management improvement projects with core focuses on grassroots construc-
                                                                Safety Management                                                               tion, inherent safety, process systems, performance evaluation, and accountability. These efforts include: strengthening the
                                                                                                    Internal Audit and Full-staff Supervision
                                                                    Department                                                                  standardization of grassroots safety management to build a solid safety line; focusing on inherent safety to eliminate hazards from
                                                                                                                                                the source; optimizing process systems to improve safety management efficiency; implementing strict performance evaluation to
                                                                                                                                                ensure the fulfillment of safety responsibilities; and strengthening accountability to form a strong deterrence.
                                                               Frontline Basic Partners
               Beijing United Information Technology Co.,Ltd
Beijing United remains steadfast in its commitment to the safety management principle of "Safety First, Prevention Foremost,"            Promote Employee Health
considering workplace safety as the fundamental cornerstone of corporate development. Guided by the foundational tenets of
"Whoever Leads is Responsible" and "Operations Management Includes Safety Management," the Company has established a
                                                                                                                                       At Beijing United, employee health is regarded as a fundamental element of safety management. The company consistently upholds
comprehensive and effective occupational safety management system.
                                                                                                                                       its high level of responsibility toward employees, strictly adhering to regulations such as the Work Safety Law of the People's Republic
In 2024, the Company significantly intensified its safety management efforts. Through diversified training programs ranging from       of China and the Occupational Disease Prevention and Control Law of the People's Republic of China. Through comprehensive
basic safety awareness to specialized operational skill enhancement, Beijing United has achieved all-round improvement in employ-      measures, Beijing United strengthens occupational disease prevention and health management, committed to creating an optimal
ees' safety competencies. Concurrently, the company leverages various meeting formats - from large assemblies to departmental          environment where employees can fully dedicate themselves to work while enjoying a healthy and fulfilling life.
briefings - to consistently communicate and reinforce safety principles, embedding a robust safety consciousness into every employ-
ee's mindset. These substantive measures have effectively reduced workplace injury risks, erected a solid safety barrier for both
                                                                                                                                       Each year, the group headquarters and subsidiaries systematically carry out a series of health initiatives. Structured health
sustainable business operations and employee well-being, and demonstrated resolute progress on the path to operational safety
                                                                                                                                       check-ups are efficiently implemented, and the thoughtfully organized "On-Site Medical Services" program delivers care directly to
excellence.
                                                                                                                                       employees. The company invites medical experts to provide professional consultation services tailored to employees’ occupational
                                                                                                                                       health needs, ensuring timely and accurate health advice for early detection, prevention, and treatment of potential health issues.
Health & Safety Risk Management                                                                                                        Starting in 2024, Beijing United has introduced an open lecture series, regularly hosting sessions led by seasoned mental and physi-
                                                                                                                                       cal health experts. Topics include psychological well-being, common disease prevention, and healthy lifestyle habits—offering
  Health & Safety Strategy                                                                                                             holistic support for employees’ physical and mental health.
                                                                                                                                       Furthermore, Beijing United actively promotes a culture of "Healthy Living, Joyful Working." The group headquarters and subsidiaries
The company regards safety knowledge training as a critical component of occupational health and safety (OHS), establishing a
comprehensive employee safety education system. Through diversified approaches—including training sessions, meetings, safety           organize activities such as hiking and mountain climbing, encouraging employees to embrace physical exercise, build endurance,
posters, and on-site demonstrations—we conduct targeted safety instruction to enhance employee awareness and substantially             and cultivate resilience and positivity. This approach fosters a balanced lifestyle where employees can thrive professionally while
elevate the competency of OHS management personnel. Simultaneously, we leverage multiple internal communication channels
                                                                                                                                       enjoying personal well-being.
such as bulletin boards, digital displays, the company intranet, and social media groups to widely disseminate OHS knowledge. This
creates a robust safety culture where employees are continuously exposed to safety education during daily operations, steadily
reinforcing their safety awareness and behavioral habits. The Company regularly organizes emergency drills, followed by thorough       In 2024, employee participation in health programs reached 840 attendees, achieving an impressive 60% engagement rate. These
evaluations to address identified gaps. This strengthens employees’ emergency response capabilities and cultivates intrinsic motiva-   figures highlight employees’ strong endorsement of and active involvement in wellness initiatives, reflecting Beijing United’s signifi-
tion for OHS management, driving our safeguards to new heights. In 2024, our safety training programs achieved 1,184 participants
                                                                                                                                       cant achievements in health management. Moving forward, Beijing United will continue to enhance employee health programs,
in workplace safety training with 85.8% employee coverage rate.
                                                                                                                                       innovating new approaches to sustain workforce well-being and drive long-term corporate growth.
          Case                  Beijing United Occupational Mental Health Training                                                              Case          Beijing United's 14th Annual Fragrant Mountain Climbing
      Guided by its fundamental principle of "Safety First, Prevention                                                                      In April 2024, with the crack of the starting pistol, Beijing United's 14th Annual Fragrant Mountain Climbing event kicked off
      Foremost," Beijing United Group has implemented a comprehen-                                                                          energetically. Over 270 participants, including employees and their family members, departed from the East Gate of Fragrant
      sive occupational mental health program that systematically                                                                           Hills Park, charging toward the summit under brilliant sunshine. Centered on the theme "Vitality in Motion, Journeying Togeth-
      addresses critical workplace psychological challenges including                                                                       er," this year's event was designed to create a healthy and positive work environment while enhancing employees' cultural
      job burnout and declining work satisfaction. The initiative's                                                                         engagement and wellness awareness. The activity sought to encourage regular exercise habits among staff members, deepen
      multifaceted approach focuses on equipping employees across                                                                           mutual understanding, strengthen personal bonds, and boost team cohesion.
      all organizational levels with practical psychological tools to
      optimize work attitudes, enhance professional self-efficacy, and
      reinforce safety-conscious behaviors. This organization-wide
      program has achieved exceptional engagement levels, success-
      fully reaching 1,184 employees and attaining an 85.8% workforce
      participation rate.
              Indicator                                         Unit     2022    2023                         2024
       Safety Education &
                                                               Persons   916     965                         1,184
       Training Participants
     Coverage Rate of Safety
                                                                 %       76.6%   78.8%                       85.8%
      Education & Training

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