Core Insights - Yongdong Co., Ltd. released its 2024 Sustainable Development Report, highlighting its strategic layout and achievements in economic, environmental, and social domains, achieving a revenue of 4.23 billion and a net profit of 110 million [1] Group 1: Green Development - Yongdong Co., Ltd. has established a circular economy industrial chain involving coal tar processing, carbon black production, flue gas power generation, and fine chemical materials, significantly enhancing resource utilization [2] - The company invested 63.33 million in environmental protection in 2024, focusing on pollutant reduction, ecological restoration, and technological innovation, showcasing its green competitiveness [2] - The 2×20MW carbon black flue gas power generation project aims to maximize heat recovery, reduce production costs, and lower carbon dioxide emissions [2] - The company has undertaken ecological restoration on 60 acres of barren land, planting carbon-sequestering tree species, and increased its green coverage area to 127,000 square meters, achieving a coverage rate of 25.7% [2] - Yongdong Co., Ltd. developed high-dispersibility low-resistance conductive carbon black, filling a domestic gap and achieving international advanced performance, receiving the first batch of "Shanxi Quality" certification [2] - The company plans to raise 365 million through a private placement to invest in a 2X10 million tons/year anthracene oil deep processing project, promoting product upgrades [2] - Yongdong Co., Ltd. has obtained 32 patents, including 2 new national invention patents during the reporting period, and has been recognized as a provincial-level green factory [2] Group 2: Social Responsibility - The company emphasizes employee welfare and community development, implementing a "filial salary" system for employees' parents and organizing various employee engagement activities [3] - Yongdong Co., Ltd. has provided annual benefits to elderly residents in Gaoqu Village for ten consecutive years, creating job opportunities for 500 villagers and transitioning from "blood transfusion" assistance to "blood production" revitalization [3] - The company ensures stable supply of raw materials through dynamic inventory management and supply chain optimization, fostering collaborative development with upstream and downstream SMEs [3] - Yongdong Co., Ltd. aims to reduce carbon dioxide emissions per unit product and increase the premium rate of carbon black by 2025, while advancing smart factory construction to enhance production efficiency [3] - The company is committed to becoming a global leader in green new materials by accelerating the layout of the entire coal tar deep processing industry chain [3] Group 3: Strategic Vision - The chairman of Yongdong Co., Ltd. stated that ESG is not only a compliance requirement but also a core competitiveness for high-quality corporate development, emphasizing the integration of economic, environmental, and social sustainability [4]
永东股份发布ESG成绩单:深耕循环产业链 彰显绿色竞争力