Core Viewpoint - The report reflects Jinxi Axle Co., Ltd.'s commitment to environmental, social, and governance (ESG) responsibilities, showcasing its efforts towards sustainable development and high-quality growth [1][2]. Company Overview - Jinxi Axle Co., Ltd. was established in December 2000 and listed on the Shanghai Stock Exchange in 2004, with total assets of 4 billion yuan and over 1,200 employees as of the end of 2024 [2][3]. - The company specializes in the production and sales of axles, railway vehicles, wheel sets, and other related products, with a production capacity of over 100,000 axles and 3,000 railway vehicles annually [3][4]. ESG Management - The company emphasizes the integration of ESG management into its governance structure, establishing a three-tier ESG management framework to enhance stakeholder communication and address their concerns [4][5]. - In 2024, the company aims to further incorporate ESG management into its strategic planning and operational processes, focusing on stakeholder management, governance, and green transformation [4][6]. Financial Performance - In the past year, the company achieved an operating income of 1.314 billion yuan, representing a year-on-year growth of 2.4%, with a stable increase in net profit [2][3]. - The company has maintained a strong market position, securing the largest share in the joint procurement of freight car axles by the China Railway Group [6][7]. Innovation and Development - The company has made significant advancements in research and development, completing the trial production of various high-speed train axles and participating in the formulation of industry standards [5][6]. - In 2024, the company plans to enhance its technological capabilities and expand its product offerings, including new energy locomotive axles and other innovative products [6][7]. Environmental Initiatives - The company is committed to green manufacturing and has implemented measures to reduce carbon emissions and improve energy efficiency across its operations [6][7]. - It adheres to national and local environmental regulations, ensuring compliance in pollution control and waste management [6][7]. Social Responsibility - Jinxi Axle actively engages in social responsibility initiatives, including community support and employee welfare programs, reflecting its commitment to social value creation [5][6]. - The company has established communication channels with stakeholders to gather feedback and improve its ESG reporting and practices [4][5].
晋西车轴: 晋西车轴2024年度环境、社会与公司治理(ESG)报告