Jiangsu Expressway(600377) 证券之星·2025-03-26 12:31Core Viewpoint - Jiangsu Ningshu Expressway Co., Ltd. emphasizes its commitment to environmental, social, and governance (ESG) practices, aiming for sustainable development and high-quality growth through comprehensive management and innovative practices [1][4][19]. Report Principles - The report adheres to HK-ESG guidelines and GRI Standards, focusing on substantial issues management and performance measurement [1][2]. - Key principles include importance, quantification, balance, and consistency in reporting [1][2]. Report Scope and Period - The report covers the management practices from January 1 to December 31, 2024, and includes data from the company and its subsidiaries [2][4]. - This is the 16th annual ESG report, with the previous report published in March 2024 [2]. Governance and Quality Assurance - The company ensures the accuracy and completeness of the report through internal audits and compliance with legal standards [3][5]. - The board of directors is responsible for overseeing ESG strategies and performance [16][17]. Company Overview - Jiangsu Ningshu Expressway Co., Ltd. was established in August 1992 and is the only publicly listed transportation infrastructure company in Jiangsu Province [7]. - As of December 31, 2024, the company has total assets of RMB 89.886 billion and net assets of RMB 38.597 billion [7]. Key Performance Indicators - Revenue increased from RMB 132.56 billion in 2022 to RMB 231.98 billion in 2024, while net profit rose from RMB 37.24 billion to RMB 49.47 billion during the same period [12][15]. - Employee satisfaction improved from 81.90 in 2022 to 86.23 in 2024, reflecting enhanced employee engagement [15]. Environmental Initiatives - The company is committed to green development, achieving a 100% usage rate of low-carbon maintenance materials and promoting energy-saving technologies [5][6]. - It aims to build a "zero-carbon service area" and actively participates in ecological protection efforts [5][6]. Technological Innovation - The company integrates advanced technologies such as cloud computing and AI into highway management, enhancing operational efficiency and traffic management [6][26]. - The "smart expansion" initiative has led to a 56% increase in traffic volume, demonstrating the effectiveness of technology in improving service efficiency [26]. Social Responsibility - The company engages in community support activities, including rural revitalization and volunteer services, contributing to social harmony [7][30]. - It prioritizes public safety and satisfaction, implementing comprehensive safety management and emergency response strategies [30][31]. Future Outlook - The company aims to continue its focus on high-quality development and innovation, aligning its ESG goals with national strategies and industry standards [19][20]. - Plans for 2025 include further integration of ESG principles into business operations and enhancing stakeholder communication [19][20].