To systematically advance the company's ESG management system and strategic progress, and to enhance overall management level, core competitiveness, sustainable development, and brand image, Jinggong Technology held the 2023 ESG Report Preparation Kickoff Meeting on February 29, 2024. The meeting specially invited the consulting team from Shanghai Rongzheng Yisi Enterprise Service Co., Ltd. (hereinafter referred to as “Rongzheng Yisi”) to attend, along with the company's ESG working group, various functional departments (business units), research institutes, and heads of subsidiaries.

This meeting was the company's first mobilization meeting for the ESG report preparation. During the meeting, Mao Juan, partner and general manager of Rongzheng Yisi, provided training on ESG-related concepts, ESG report preparation standards, how to prepare high-quality ESG reports, and the processes involved in ESG report preparation.

ESG (Environmental, Social, and Governance) assesses the sustainability of a company’s operations and its impact on societal values across three dimensions. This is a new trend in global economic development and a new logic, new opportunity, and new path for promoting sustainable and high-quality corporate growth.

In 2024, Jinggong Technology will release the “2023 ESG Report” alongside the “2023 Annual Report,” fully showcasing the brand. The report will focus on the “dual carbon” strategy goals, integrating digitalization, intelligence, and informatization to drive technological development and industrial upgrading of China’s specialized equipment manufacturing industry. It will highlight the practical achievements and forward-looking exploration in these areas to respond to the interests and expectations of stakeholders such as shareholders, customers, employees, and the public.

In a fiercely competitive market environment, Jinggong Technology will continue to adhere to its founding principle of “excellence in technology, craftsmanship in quality,” with the mission of “green equipment, China intelligent manufacturing.” We will focus on the development strategy of “rooted in dual carbon, technology-driven,” benchmark industry-leading standards, maintain technological leadership, and concentrate on the cutting edge of industrial research and technology. We aim to promote digitalization, intelligence, and low-carbon transformation in the industry, continually strengthen the brand’s resilience, and create greater economic benefits.

In the future, the company will continue to optimize management operations, integrate ESG concepts into industrial innovation and development, strengthen risk prevention, and advance the internationalization strategy. We aim to expand the global business scope, open new channels and opportunities, create more valuable differentiated advantages, and empower sustainable development with ESG principles, driving high-quality development, economic and social progress, and environmental protection.

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The ESG evaluation system, also known as ESG ratings, is created by commercial and non-profit organizations to assess how a company's commitments, performance, business model, and structure align with sustainability goals.

Based on ESG evaluations, investors can observe a company’s ESG performance to assess its contributions to economic sustainability and social responsibility. The core goal is to explore a sustainable development path, balancing commercial value and social responsibility, representing a new approach to corporate evaluation. For enterprises, the ESG concept is also a more advanced, rational, and comprehensive management approach.