北矿科技股份有限公司 董事会战略与可持续发展委员会工作细则 （2025 年 8 月） 第一章 总则 第一条 为适应北矿科技股份有限公司（以下简称"公司"）战略发展需要， 增强公司核心竞争力，确定公司发展规划，健全投资决策程序，加强决策的科学 性，提高重大投资决策的效益和质量，完善公司治理结构，增强公司可持续发展 能力，根据《中华人民共和国公司法》《上市公司治理准则》《上市公司独立董 事管理办法》《上海证券交易所股票上市规则》《上海证券交易所上市公司自律 监管指引第 1 号—规范运作》《上海证券交易所上市公司自律监管指引第 14 号 —可持续发展报告（试行）》等有关法律法规和规范性文件以及《北矿科技股份 有限公司章程》（以下简称"《公司章程》"）的有关规定，公司设立董事会战 略与可持续发展委员会，并制定本工作细则。 第二条 董事会战略与可持续发展委员会是董事会下设的专门工作机构，主 要负责对公司发展战略、重大投资决策、可持续发展和 ESG（环境、社会和公司 治理）相关事项进行研究并提出建议。 第二章 人员组成 第三条 董事会战略与可持续发展委员会由五名董事组成，其中至少包括一 名独立董事。 第四条 董事会战略与 ...

Core Viewpoint - The tile industry faces various challenges and opportunities in the context of economic globalization, with Marco Polo standing out as a leading enterprise due to its quality, innovative technology, and sustainable development philosophy [1] Group 1: Company Overview - Marco Polo is one of the largest manufacturers of building ceramics in China, owning two major brands: "Marco Polo Tiles" and "Weimei L&D Ceramics" [2] - The company has established five production bases in Dongguan, Qingyuan, Fengcheng, Chongqing, and Tennessee, USA [2] - In 2024, Marco Polo achieved a revenue of 7.324 billion yuan and a net profit exceeding 1 billion yuan [2] Group 2: Strategic Development - The company is focused on green and intelligent construction and transformation, aiming to become a materials manufacturer and service provider that integrates green development, resource conservation, innovation, and digital empowerment [2] - Marco Polo emphasizes technological innovation to drive product upgrades and aims to strengthen brand building to become a world-renowned brand [2] - The company is committed to building a green manufacturing system centered on green factories, products, and supply chains, while also optimizing services to enhance customer satisfaction [2] Group 3: Sustainable Development Practices - Marco Polo has long adhered to the development philosophy of "green, environmental protection, energy saving, and emission reduction," integrating green development into all aspects of its operations [3] - Since 2007, the company has utilized clean energy natural gas to reduce pollution and carbon emissions, and it began promoting photovoltaic power generation in 2019, with future solar power station capacity expected to exceed 200 MW, generating over 200 million kWh annually [3] - The company has implemented advanced production processes to improve resource recycling efficiency, such as wastewater recycling and waste recovery technologies, significantly reducing natural resource consumption [4] Group 4: Recognition and Future Commitment - Marco Polo's products have received national green product certification, and four of its factories have been recognized as national green factories [4] - The company's green development initiatives have garnered widespread recognition and praise from various sectors, setting a benchmark for high-quality development in the industry [4] - Moving forward, Marco Polo will continue to uphold the principles of innovative, green, and sustainable development to enhance its core competitiveness and contribute to industry advancement and social progress [4]

"可持续发展已从'锦上添花'变成企业运营与战略中不可或缺的一部分。"近日，LEED北亚区副总裁王 婧在接受《中国经营报》记者采访时如是说道。 她的观点数据支撑来自世邦魏理仕（CBRE）与LEED北亚区联合近期发布的《2025年亚太区首席可持 续发展官（CSO）调查》——近90%的亚太区房地产企业已设立可持续发展专职岗位，其中70%为全 职，较两年前增长10个百分点。 这一变化标志着亚太房地产行业可持续发展实践进入"成熟而审慎"的新阶段。当绿色建筑认证从"溢价 项"转向"标配"，租户的净零目标倒逼业主加速脱碳，一场围绕可持续价值的深度博弈正在重塑行业竞 争规则。 CSO角色日益成熟 记者了解到，岗位普及率与成熟度双提升是本次调查最显著的信号。不仅近九成企业设立专职岗，更有 超六成企业在3年前已设立该职能，其中四成超过5年。 王婧指出，这一趋势也反映了企业在行动上的转变——可持续实践转向长期、系统化的策略执行，这也 需要整个企业所有环节、自上而下的通力合作——无论是碳减排、能效提升还是绿色供应链管理，都对 跨部门协作和长期持续项目跟进提出了全新的要求，这也正是专职岗位能够发挥作用的地方。 中经记者 吴静 卢志坤 ...

Core Viewpoint - The article emphasizes the transformative impact of technological innovation on the chemical industry, showcasing how companies like Yongrong Holdings are redefining the sector through sustainable practices and advanced manufacturing techniques [1][19]. Group 1: Company Overview - Yongrong Holdings is a large industrial group focused on green energy chemical new materials, with over 60 subsidiaries and nearly 10,000 employees [3]. - The company has developed a complete industrial chain from benzene to nylon products, enhancing efficiency and maintaining a leading position in the industry [5]. Group 2: Technological Innovation - Yongrong has established a central research institute and five specialized R&D centers, with annual R&D investment growth exceeding 20% over the past three years [5]. - The company has applied for over 1,000 patents, with more than 800 granted, indicating a strong commitment to innovation [5]. Group 3: Sustainable Practices - Yongrong is responding to national "dual carbon" strategies by implementing renewable energy projects and acquiring companies in the new energy sector, thereby setting a model for low-carbon manufacturing [6][22]. - The company has developed low-carbon products that significantly reduce carbon emissions, such as the E-SUNLON® fiber, which reduces 3.2 tons of CO2 emissions for every ton produced [6]. Group 4: Smart Manufacturing - Yongrong has adopted AI-driven smart manufacturing systems, including the industry's first AI inspection system for nylon products, enhancing production efficiency and data management [9][10]. - The company utilizes a comprehensive energy management system to recycle waste heat, maximizing energy efficiency in production processes [12]. Group 5: Economic Impact - Yongrong's innovative waste management practices have led to significant cost savings and reduced carbon emissions, such as converting waste gases into fuel, saving 960,000 yuan annually and reducing carbon emissions by over 1,400 tons [14]. - The company’s projects, such as the integrated functional materials industry chain in Sichuan, utilize cleaner production methods, significantly lowering carbon emissions compared to traditional methods [17]. Group 6: Global Reach - Yongrong's products are exported to 58 countries and regions, accounting for over 36% of China's nylon product exports, demonstrating its growing international influence [5]. - The company aims to become a benchmark for sustainable development in the global green energy chemical new materials sector [22].

Core Insights - The report from the 16th China Dairy Conference highlights the significant advancements in China's dairy industry over the past two decades, particularly in milk source construction, yield levels, and product quality, with key indicators surpassing EU standards [1] Group 1: Industry Developments - China's dairy industry has seen continuous improvements in milk quality, with protein, fat, somatic cell counts, and total bacterial counts all exceeding EU standards [1] - The industry leader, Yili, has demonstrated superior raw milk quality, particularly in bacterial counts [1] Group 2: Technological Innovations - Yili's Chulu Ecological Smart Ranch employs fully automated management systems, including automatic feeding, milking, and waste management, ensuring optimal conditions for dairy cows [2] - The ranch utilizes a green circular economy model, converting waste into organic fertilizers for pasture cultivation, and incorporates renewable energy sources to promote sustainable practices [2] Group 3: Manufacturing Efficiency - Yili's Global Smart Manufacturing Base features advanced production technologies, including the world's largest pre-pasteurization machine and high-speed packaging systems, achieving a 20% reduction in operational costs [5] - The facility's production capacity has increased dramatically, with milk powder production scaling from 0.5 tons/hour to 10 tons/hour, representing a 20-fold efficiency improvement [5] Group 4: Research and Development - The National Dairy Technology Innovation Center, as China's only national-level platform, focuses on key research areas and has made significant breakthroughs in critical technologies, such as the extraction of lactoferrin [8] - The center's innovations have improved the retention rate of lactoferrin in milk from 10% to 90%, overcoming previous technological barriers [8] Group 5: Overall Industry Impact - The integration of ecological ranching, intelligent manufacturing, and cutting-edge research is transforming China's dairy industry into a complete, green, and sustainable value chain [9] - The rapid advancements in the industry have significantly narrowed the gap with developed dairy nations, achieving in two decades what took others over a century [9]

Group 1: Industry Overview - Chongqing's Dadu River District is recognized as an "old industrial base" and has transformed into a hub for high-quality enterprises focusing on green and low-carbon initiatives following the relocation of Chongqing Steel's production processes in 2011 [1] - The glass fiber industry is one of the three key industries prioritized for development in Chongqing [3] Group 2: Company Highlights - Chongqing International Composite Materials Co., Ltd. (International Composite) is a key subsidiary of Yuntianhua Group, established in 1991, and was recognized as one of the first "green factories" by the Ministry of Industry and Information Technology in 2017 [2] - International Composite has implemented advanced dry ceramic filter technology for flue gas treatment, eliminating wastewater generation and reducing environmental impact [2] - The company has achieved a 50% reduction in wastewater generation through recycling and has built wastewater treatment stations that allow for 70% reuse of incoming wastewater, leading the industry [2] Group 3: Product Applications and Environmental Impact - International Composite's glass fiber products are widely used in green sectors such as wind power and energy-efficient windows, with a 20% to 30% reduction in energy consumption for buildings using their glass fiber-enhanced windows compared to traditional options [3] - If adopted nationwide, these energy-efficient windows could save millions of tons of standard coal annually and significantly reduce carbon dioxide emissions [3] Group 4: Waste Management and Environmental Contributions - Chongqing Sanfeng Environment Group focuses on waste-to-energy projects and has invested in 57 waste incineration power projects across 16 provinces, processing 61,000 tons of waste daily [4] - The company has processed over 124 million tons of waste by the end of 2024, resulting in a reduction of approximately 43.36 million tons of carbon dioxide emissions and providing 44.5 billion kWh of green electricity [4] - Sanfeng Environment employs advanced pollution control technologies, ensuring emissions meet national standards, with 11 incineration plants certified as "AAA-level" [4] Group 5: Business Expansion and Innovations - Sanfeng Environment is expanding its business to include waste heat and energy supply, as well as collaborative treatment of kitchen waste, sludge, and industrial waste [5] - The company has developed unique leachate treatment processes and holds patents for its containerized operation systems, providing integrated waste management solutions [5]

Group 1 - The core achievement of the company is the continuous improvement in its ESG score, achieving a total score of 42, which places it ahead of nearly 87% of its global peers [1][2] - The S&P Global ESG rating (CSA) is one of the largest and oldest corporate sustainability assessments, with over 3,600 companies participating in 2024 [1] - The assessment evaluates various aspects such as corporate transparency, environmental governance, information disclosure, and performance, which are crucial for constructing the S&P Global ESG Index [1] Group 2 - The company integrates sustainable development into its corporate strategy, focusing on environmental governance, social responsibility, and corporate governance [2] - The company is making significant advancements in AI technology applications and the construction of a one-stop O2O automotive consumption ecosystem, driving digital transformation and green development in the automotive industry [2] - The continuous rise in the ESG score reflects the company's solid achievements in sustainable development and its commitment to long-termism [2]

Core Insights - The report titled "2025 China Corporate Social Responsibility Observation Report" focuses on the theme of "Upward Competition, Reshaping Responsibility Leadership," showcasing the current state and trends of corporate social responsibility (CSR) practices in China [1] - The report is based on a survey of 620 companies across various sectors, evaluating CSR across seven dimensions and implementing a veto system for companies with significant negative CSR events [1] - Key findings indicate that while the CSR development index for Chinese companies has improved, scores in economic and environmental dimensions remain low [1] Group 1: CSR Trends and Observations - The report identifies ten major observations, including the rising CSR development index, compliance pressures for overseas companies, and the integration of CSR into executive compensation and corporate strategy [1] - The emergence of "sustainable development services" as a new market opportunity is highlighted, along with the role of leading companies in promoting sustainability across the entire value chain [1] - Companies are increasingly focusing on low-carbon transformation, although challenges in carbon reduction persist [1] Group 2: Industry Insights - The report provides specific insights into various industries, noting that the internet and technology sectors are focusing on ethical practices and anti-corruption, while the automotive industry faces supply chain pressures [1] - The financial sector is addressing key issues through five major articles, and the renewable energy sector is experiencing dual pressures [1] Group 3: Leading Companies and Case Studies - Notable CSR case studies include Schneider Electric's transition from practice to empowering clients, and Lenovo's expansion into new growth areas through ESG and AI [1] - The report serves as a reference for companies looking to enhance their CSR efforts and navigate the challenges associated with sustainable development [1]

Core Insights - The Kuwait Environmental Remediation Program (KERP) oil lake crude oil recovery project, involving China's Jereh Group, has completed its first equipment operation test, marking the official execution phase of the project [1][2]. Group 1: Project Overview - KERP is one of the largest land environmental remediation projects globally, aimed at addressing oil pollution and war-related issues caused by the Gulf War [1]. - The project amount is approximately 100 million RMB (around 14 million USD) [1]. Group 2: Company Involvement - Jereh Group is responsible for the overall solution and core equipment provision for the oil lake crude oil recovery project [1]. - The company emphasizes its role in enhancing the efficiency of crude oil recovery and advancing the project towards ecological restoration and vegetation reconstruction [1]. Group 3: Diplomatic and Environmental Significance - The success of Jereh Group's project demonstrates China's strength in environmental protection equipment and engineering technology on an international scale [2]. - The project is seen as a significant step for Kuwait in achieving environmental governance and sustainable development [1].

Summary of the Conference Call for ZhongAn Online P&C Insurance Co., Ltd. Company Overview - **Company**: ZhongAn Online P&C Insurance Co., Ltd. - **Date**: 2025 H1 Conference Call Key Points Industry and Company Performance - **Insurance Premium Income**: Reached 16.61 billion RMB in H1 2025, a year-on-year increase of 9.3% [2][5][34] - **Core Business Growth**: Real estate and auto insurance segments grew over 30%, indicating a strategic shift towards high-value products [2][5][34] - **Insurance Service Revenue**: 15.04 billion RMB, stable compared to the previous year, affected by product structure adjustments [2][5][34] - **Net Profit**: 668 million RMB, reflecting a significant increase [2][5][34] - **Comprehensive Solvency Ratio**: 226%, indicating strong financial health [2][5][34] Specific Business Segments - **Health Insurance**: Premiums grew by 38.3% to 6.275 billion RMB, covering 15.21 million users with an average premium of 581 RMB [2][8][41] - **Auto Insurance**: Original gross written premiums (GWP) increased by 34% to 1.478 billion RMB, with new energy vehicles accounting for over 18% of the total [2][10][43] - **Banking Business**: Achieved net income of 457 million HKD, up 82.1%, marking the first half-year profit of over 49 million HKD [2][6][36] - **Technology Business**: Revenue from technology exports grew by 12.2% to 496 million RMB, despite a net loss of 56 million RMB [2][6][37] Strategic Initiatives - **Digital Transformation**: Emphasis on automation and AI to enhance operational efficiency and customer service [3][33] - **Sustainable Development**: Signed the UN Principles for Sustainable Insurance and launched green insurance products [2][7][38][39] - **Channel Diversification**: Focus on building proprietary channels, with proprietary channel premium income reaching 3.697 billion RMB, a 16.9% increase [2][40][62] Future Outlook - **Growth Strategy**: Aiming for double-digit growth in total premium income by the end of 2025, with a focus on enhancing user value and market share in health and auto insurance [2][56][60] - **Investment Strategy**: Cautious approach in the current interest rate environment, focusing on fixed-income assets while increasing equity investments [2][57][58] - **Pet Insurance Potential**: Significant growth potential in the pet insurance market, with a 51% increase in revenue, reflecting strong market demand [2][29][63] Additional Insights - **Consumer Finance**: Achieved over 20% growth in H1 2025, with a focus on quality and compliance [2][26][60] - **AI Integration**: Continued development of AI capabilities to enhance customer experience and operational efficiency [2][32][33] This summary encapsulates the key insights and performance metrics from the conference call, highlighting the company's strategic direction and market positioning.