Company Overview - Tigermed (stock code: 300347.SZ/3347.HK) is an integrated biopharmaceutical research and development service platform providing one-stop innovative R&D services and solutions for the global pharmaceutical and medical device industries [2] - Over the past 20 years, the company has collaborated with more than 3,600 partners, creating an innovative ecosystem that empowers the entire industry chain [2] - Tigermed has established over 180 offices and branches globally, employing more than 10,000 professionals across dozens of countries on five continents [2] - The company holds the highest MSCI ESG rating of AAA, a score of 60 on the S&P CSA ESG questionnaire, a B rating (management level) on the CDP climate change questionnaire, and maintains an AAA rating from the Shenzhen Stock Exchange National Index ESG [2] Compliance and Governance - Tigermed has built a compliance governance system covering the entire value chain, with a compliance and ESG committee under the board of directors, directly led by the director and general manager [3] - The company has established a systematic compliance risk management process, with specialized compliance groups regularly identifying, assessing, and responding to operational risks [3] - A multi-level supervision and risk identification mechanism is in place, covering headquarters, subsidiaries, and business departments, to ensure compliance and operational stability [3] Anti-Corruption and Data Security - The company has implemented a comprehensive anti-corruption and anti-bribery policy, with plans for company-wide anti-corruption training in 2024 [4] - Suppliers are required to sign a "Supplier Code of Conduct" and "Anti-Bribery and Anti-Corruption Commitment" during the onboarding process to ensure awareness of the company's policies [4] - Tigermed is continuously optimizing its data security management system, with measures to enhance network security, data lifecycle management, and information access control [4] - The company holds an ISO 27001:2013 information security management system certification, and three core business systems have passed the national information security level protection tier three certification [4] Intellectual Property Management - Tigermed views intellectual property as a crucial competitive advantage, having established various management policies and training programs related to intellectual property compliance [5] - The company is actively planning its intellectual property strategy and aims to achieve GB/T 29490-2023 intellectual property compliance management system certification in 2024 [5] Expert Commentary - In 2024, Tigermed will embed compliance objectives into executive assessments, with anti-corruption training covering all employees and 80% of global business (excluding listed subsidiaries) completing anti-corruption audits [5] - The requirement for suppliers to sign the "Anti-Bribery Commitment" ensures adherence to legal and ethical standards [5]

Company Overview - GCL-Poly Energy Holdings Limited (002506.SZ) is a global energy system solution provider, integrating the theme of green low-carbon era with its long-term focus on renewable energy [2] - The company’s business covers efficient photovoltaic cells, differentiated modules, EPC (Engineering, Procurement, and Construction) for power plants, and energy storage system integration, among other related products and services [2] - In 2024, the company achieved operating revenue of CNY 1,623,978.68 million and employs over 6,000 people [2] Sustainable Development Strategy - Since the establishment of the "NEXT Vision" sustainable development strategy framework in 2023, GCL-Poly has set 25 key commitments and strategic goals based on four pillars: Nature, Equity, Excellence, and Trust [3] - The company aims to lead sustainable development efforts by assessing and addressing climate risks in line with the Paris Agreement and TCFD disclosure framework [3] - In 2024, GCL-Poly utilized self-built photovoltaic systems to generate 49,376.1 MWh of renewable energy for self-consumption and purchased green power certificates amounting to 33,509.4 MWh [3] Carbon Management Initiatives - On June 12, 2024, GCL-Poly launched the "GCL Carbon Chain" management platform, integrating granular silicon technology, blockchain technology, and intelligent digital technology [4] - The platform includes modules for organizational carbon inventory, product carbon footprint management, carbon reduction optimization, and carbon-inclusive culture [4] - By June 2025, GCL-Poly plans to connect with quality suppliers and partners through the GCL Carbon Footprint Data-Tian Gong Data Platform, utilizing AI tools to reduce carbon emissions dynamically [4] Climate Change Management - GCL-Poly has integrated climate risk into its risk management processes, establishing a climate change management system across governance, strategy, risk management, and metrics [5] - The company aims to reduce absolute emissions by 64.7% by 2035 and decrease carbon emissions from purchased goods and services per unit of production by 66.3% [5] - By 2030, the average product carbon footprint is targeted to decrease by 5% annually [5]

Company Overview - Shanghai Longqi Technology Co., Ltd. is an ODM enterprise focused on the research, design, production, and comprehensive services of smart products, with over 20 years in the industry, set to be listed on the Shanghai Stock Exchange in 2024 (stock code: 603341) [2] - The company serves leading consumer electronics brands such as Xiaomi, Samsung, and Huawei, with products spanning smart phones, tablets, automotive electronics, and smart wearable devices [2] ESG Governance and Compliance - In 2024, the company enhanced its ESG governance structure by renaming the original board strategy committee to "Strategy and ESG Committee," and established implementation guidelines to define its responsibilities, including researching sustainable development and reviewing ESG reports [3] - New compliance documents were released in 2024, including the "Longqi Technology Business Ethics Code" and "Anti-Corruption Policy," with a 100% signing rate for the "Business Conduct Code" and "Integrity Commitment" [3] Risk Management and Internal Control - Longqi Technology has established a "three lines of defense" risk management system, with the first line being business departments, the second line being the internal control department conducting 80 special safety inspections in 2024 with a 100% rectification rate, and the third line being independent audits by the audit department, recovering losses of 8.43 million yuan [4] - The company has maintained an A-level tax credit rating for several years, paying a total of 407 million yuan in various taxes [4] Information Security and Supply Chain Compliance - The company has implemented information security compliance measures, including the "Employee Information Security Guidelines" and regular risk assessments, achieving 100% coverage for new employee training and no privacy breaches in the year [4] - Longqi Technology established an ESG audit mechanism for suppliers, completing CSR audits for 117 new suppliers and 92 existing ones in 2024, with over 70% passing rate, and conducted due diligence on nearly 600 direct suppliers regarding conflict minerals [4] Expert Commentary - The company has built a comprehensive anti-corruption and anti-bribery system, utilizing a risk map to manage business risks and covering over 20 compliance areas, reinforcing integrity risk management and internal control for over 10,000 employees [5]

民生银行1996年成立，是国内首家由民营企业发起设立的全国性股份制商业银行。2000年、2009年先后 在上交所和香港联交所上市。 文/华夏ESG观察联盟 企业介绍 截至2024年年底，中国民生银行董事会关联委成员为6名，全部为独立非执行董事，均是金融、会计、 审计、法律等相关领域的资深专业人士。2024年，董事会关联委共召开5次会议，审议7项议题，听取3 项报告。 专家点评：民生银行以稳健治理赢得信赖，以责任金融引领未来，MSCI"AAA"评级见证其在全球ESG 舞台上的卓越表现。（施涵-香港大学） 实践案例 编辑：麻晓超 中国民生银行修订《中国民生银行员工行为禁止规定》《中国民生银行员工违规违纪行为处分办法》等 制度，组织全行员工学习并签署遵守员工行为禁止规定承诺书。2024年，共计开展合规培训6,989次， 累计培训人数26.3万人次。 中国民生银行持续加强洗钱风险管理文化建设。例如，举办"民生杯"劳动与技能竞赛暨反洗钱大比武赛 事，全行5万余人次参与。组织全行开展"打击洗钱犯罪，构建和谐民生"反洗钱短视频宣传，发布涉黑 涉恶、防非防诈等主题共计10期20份宣传视频及1期环境犯罪主题宣传海报。 中国民生 ...

Company Overview - Softline Technology (Group) Co., Ltd. was established in 2005 in Beijing, providing software and digital technology services, computing products, intelligent electronics, digital energy, and international services, with a workforce of 90,000 [2] - The company operates multiple sub-brands and has established a presence in over 60 cities globally, with four major international delivery centers in North America, Japan, Asia-Pacific, and the Middle East [2] - It has built two intelligent manufacturing bases in Tongzhou, Beijing, and Wuxi, Jiangsu, and has set up 30 capability centers, one national engineering laboratory, and several provincial engineering and technology laboratories [2] Governance Structure - The company has a clear governance structure comprising a shareholders' meeting, board of directors, supervisory board, and management team [3] - In 2024, the supervisory board consists of three members, with two female supervisors, representing 66.67% [3] - The board of directors includes nine members with diverse professional backgrounds, ensuring independence and effectiveness through majority independent directors in committees [3] Compliance and Internal Control - Softline Technology has established a robust internal control system with multiple levels of oversight and compliance management [3] - In 2024, the internal control system remained unchanged, with five special audits and over 200 investor communication events held [3] - The company distributed cash dividends of 1.80 yuan per 10 shares (including tax), totaling approximately 171.53 million yuan [3] Anti-Corruption Measures - The company has achieved 100% coverage of anti-corruption training and has implemented a comprehensive anti-corruption policy that passed audits [4] - It actively participates in market competition in compliance with laws, opposing commercial bribery and other unfair practices, with no major violations reported in 2024 [4] - The parent company and its subsidiaries have been rated as Class A taxpayers for several consecutive years [4] ESG Commitment - Softline Technology integrates ESG frameworks, international standards certification, and comprehensive carbon management into its operations [4] - The company emphasizes employee rights protection and social responsibility, establishing a compliance system that addresses environmental, governance, and social aspects [4] - It aims to provide a replicable model for green transformation and responsible business practices within the industry [4]

文/华夏ESG观察联盟 企业介绍 京东于2004年正式涉足电商领域。2014年5月，京东集团在美国纳斯达克证券交易所正式挂牌上市，并 于2020年6月，在香港联交所二次上市。 京东集团定位于"以供应链为基础的技术与服务企业"，目前业务已涉及零售、科技、物流、健康、工 业、产发和国际等领域。京东集团所有的业务都围绕供应链展开，持续推进"链网融合"，实现了货网、 仓网、云网的"三网通"，不仅保障自身供应链稳定可靠，也带动产业链上下游合作伙伴数字化转型和降 本增效。 ·境内外专利授权累计数11,512件。 实践案例 ·线上合规培训员工覆盖率100%。 ·以京东集团为被告的贪腐诉讼案件数为0件。 ·反腐败相关承诺书员工签署率（含实习生、顾问及其他劳务人员）100%。 ·2024年，京东主动拦截风险交易，涉及金额逾39.60亿元。 ·主动或协助各地公安机关成功拦截、返还涉诈资金总额逾5,340万元。 京东集团以"担当"和"诚信"为企业核心价值观的重要内容，将企业责任深度融入运营实践，坚持 "合规 即发展"，持续完善公司治理，强化商业道德规范，加强信息安全与隐私保护。 ·入选Gartner 2024年度全球供应链25强。 ...

Core Viewpoint - The upcoming "Double Festival" during the National Day and Mid-Autumn Festival in 2025 is expected to create an 11-day holiday for some families, highlighting the impact of the newly introduced policies aimed at expanding service consumption [2] Group 1: Policy Impact - The Ministry of Culture and Tourism anticipates a significant surge in tourism and hospitality sectors during the holiday, with predictions of record-breaking domestic travel numbers and revenue [2] - The recently released policies have shown immediate effects, with four main benefits observed during the holiday period [3] Group 2: Benefits of the Policies - **Time Benefit**: The inclusion of "optimizing student holidays" in national consumption expansion policies has led to extended holiday periods, facilitating long-distance and in-depth travel [3] - **Scene Benefit**: Many cultural and tourism venues have extended their operating hours, transforming nighttime economy into a primary focus with various nighttime activities [3] - **Financial Benefit**: Initiatives such as the "Hundred Cities and Hundred Districts" cultural and tourism consumption plan and financial incentives from major banks have been launched to stimulate consumption [3] - **Inbound Benefit**: The expansion of visa-free access aims to boost inbound tourism [4] Group 3: Future Considerations - To sustain the momentum of consumer resilience observed during the holiday, further efforts are needed to convert short-term excitement into long-term growth [4] - Recommendations include institutionalizing flexible holiday arrangements, enhancing service standards in county-level tourism, and promoting high-end consumption through financial incentives [5] - The holiday serves as a reflection of policy implementation speed and effectiveness, as well as a measure of the gap between supply and demand [5]

Company Overview - Huida Sanitary Ware Co., Ltd. was founded in 1982 and is headquartered in Tangshan, Hebei Province, with an asset scale of 5.5 billion and products exported to over 100 countries and regions [2] - The company has three core production bases in Tangshan, Chongqing, and Guangxi, with an annual production capacity of 10 million sanitary ceramics, 500,000 smart bathrooms, and 600,000 high-end bathroom cabinets [2] - Huida owns multiple brands including "HUIDA," "DOFINY," and "LA'BOBO," covering a full range of products such as sanitary ware, ceramic tiles, rock slabs, and integrated kitchen and bathroom solutions [2] - The company has established national-level research and development facilities and has been recognized as a national high-tech enterprise and a national green factory [2] Governance and Management Practices - The board of directors consists of 9 members, including 3 independent directors, with a 33% representation of female directors, promoting diverse and professional decision-making [3] - The company has implemented a comprehensive management mechanism for information security, including risk warning, emergency response, real-time monitoring, and regular audits, enhancing data protection and compliance [3] - Huida has established a multi-dimensional defense network for system security, achieving a core business system availability of 99.99% and has not experienced any major information security incidents during the reporting period [3] - The company aims to achieve ISO 27001 international certification for information security management systems by 2024, reinforcing its commitment to transparent governance and digital empowerment [3]

Company Overview - Mondelez International operates in over 150 countries, providing snacks with an estimated net revenue of approximately $36.4 billion for 2024, and is part of major indices like S&P 500, NASDAQ 100, and Dow Jones Sustainability Index [2] - The company entered the Chinese market in 1984, with its Greater China headquarters in Shanghai, producing and managing various products including biscuits, chocolates, gum, candies, and solid beverages under well-known brands like Oreo and Trident [2] - Mondelez employs around 4,000 people in China, with production bases in North, South, and East China, and a global R&D center located in East China [2] - The Suzhou Lake East factory received the Green Factory title from Jiangsu Province in 2021, and in January 2023, it joined the World Economic Forum's Global Lighthouse Network [2] Compliance and Ethics Initiatives - Mondelez International has established a training mechanism to cultivate a compliance culture, implementing a hybrid training program that deepens employees' understanding of core policies [3] - In 2024, the company conducted approximately 90 interactive compliance live courses, with around 43,000 employees completing the training online [3] - The company has developed and continuously updates a binding Code of Conduct, available in about 32 languages, outlining employees' responsibilities in conducting business lawfully and ethically [3] - All employees are required to undergo annual training on the Code of Conduct, ensuring they read, understand, and comply with its contents [3] Reporting and Accountability - Mondelez International provides accessible complaint mechanisms for employees, contractors, and subcontractors through its compliance and integrity program, with a free hotline and online reporting platform available in over 90 countries [4] - In 2024, the company's ethics and compliance department received over 2,900 contacts globally through these channels, primarily concerning inquiries about compliance policies and reporting of misconduct [4] - The company has integrated compliance principles into its supply chain management, with approximately 96% of its owned production sites and 98% of key suppliers having completed SMETA social responsibility audits in the past three years [4] - Mondelez aims for 100% coverage of its Cocoa Life program's child labor monitoring and remediation system in West Africa by 2025, having achieved 89% coverage in 2024 [4]

Core Viewpoint - The official operation of the Digital Renminbi International Operation Center in Shanghai marks a significant milestone in the internationalization of the digital renminbi, enhancing its infrastructure for cross-border applications and reducing reliance on traditional payment systems like SWIFT [2][3][4]. Group 1: Digital Renminbi International Operation Center - The Digital Renminbi International Operation Center has established three major business platforms: cross-border digital payment platform, blockchain service platform, and digital asset platform [2][3]. - The center aims to improve the efficiency and security of cross-border payments, providing a "China solution" for international digital currency cooperation [4][6]. Group 2: Business Platforms - The cross-border digital payment platform is designed to support the internationalization of the renminbi and address pain points in traditional cross-border payments through technological integration and innovation [4][5]. - The blockchain service platform supports standardized blockchain transactions and on-chain digital renminbi payment services, while the digital asset platform facilitates compliant issuance, registration, custody, and trading of digital assets [5][7]. Group 3: Advantages and Innovations - Digital renminbi cross-border settlement offers advantages such as high efficiency, security, and low costs, which can enhance the international competitiveness of Chinese enterprises [6][9]. - The integration of blockchain technology in the digital asset platform allows for automated compliance checks and enhances regulatory transparency, thereby preventing risks such as fictitious transactions [7][8]. Group 4: Recent Developments - Recent successful cross-border transactions using digital renminbi include a transaction by China Construction Bank for a technology company in Chongqing and a cross-border capital pool settlement by Bank of China in Shenzhen [8]. - The regulatory environment is evolving, with new policies encouraging the use of electronic documents and digital renminbi in cross-border payments, aiming to improve efficiency and reduce costs [8][9].