Core Viewpoint - Zhejiang Fulai New Materials Co., Ltd. emphasizes its commitment to sustainable development through its 2024 ESG report, showcasing achievements in green operations, technological innovation, and corporate governance [1][2]. Group 1: Company Overview - Zhejiang Fulai New Materials Co., Ltd. is a national high-tech enterprise specializing in the research, production, and sales of multifunctional composite materials [5]. - The company was established in 2009 and is headquartered in Jiaxing, Zhejiang Province, within the Yangtze River Delta integration demonstration zone [5]. Group 2: Financial Performance - The total revenue for the year reached 2.541 billion yuan, representing a year-on-year increase of 19.23% [4]. - The net profit attributable to the parent company was 139 million yuan, showing a significant year-on-year growth of 98.42% [4]. - Research and development investment amounted to 92.7847 million yuan, accounting for 3.65% of total revenue [4]. Group 3: ESG Initiatives - The company has implemented a comprehensive ESG governance structure, integrating ESG principles into its operational processes [10][11]. - Fulai New Materials has made significant investments in environmental protection, totaling approximately 14.5163 million yuan in EHS (Environment, Health, and Safety) initiatives [4][11]. - The company has achieved various certifications, including ISO 9001, ISO 14001, and GRS, demonstrating its commitment to quality and environmental management [4][26]. Group 4: Innovation and R&D - The company added 45 new patents during the reporting period, including 27 invention patents, and established a national-level postdoctoral research station [4][19]. - Fulai New Materials focuses on technological innovation, particularly in the development of low-carbon products and sustainable materials [3][21]. - The company has collaborated with several prestigious universities to enhance its R&D capabilities and attract high-level talent [17]. Group 5: Environmental Commitment - The company adheres to the "5R" principle (Replace, Refuse, Reduce, Reuse, Recycle) to enhance resource utilization and minimize environmental impact [22]. - Fulai New Materials has initiated photovoltaic power generation projects to reduce carbon emissions during production [3][24]. - The total amount of photovoltaic power generated during the reporting period was 1,459,201.60 kWh, resulting in a reduction of approximately 751.93 tons of CO2 equivalent emissions [4]. Group 6: Social Responsibility - The company has invested approximately 420,000 yuan in charitable activities during the reporting period [4]. - Fulai New Materials emphasizes employee welfare, with a 100% signing rate of labor contracts and full coverage of insurance and retirement benefits for employees [4][12]. - The company conducted 352 safety education training sessions, with a total participation of 13,546 person-times [4].
福莱新材: 福莱新材2024年环境、社会及公司治理(ESG)报告