Financial Performance - In the first three quarters of 2025, the company achieved a revenue of 9.675 billion yuan, an increase of 27.92% compared to the same period last year [2] - The net profit attributable to shareholders reached 150 million yuan, up by 24.96% year-on-year [2] - As of September 30, 2025, total assets amounted to 8.393 billion yuan, reflecting a 5.88% increase since the beginning of the year [2] - Total liabilities were 4.601 billion yuan, rising by 11.64% from the start of the year [2] - Shareholders' equity attributable to the company was 3.774 billion yuan, a slight increase of 0.27% [2] - The asset-liability ratio stood at 54.81% [2] Product and Market Overview - The company produces surfactants primarily used in detergents, cosmetics, food processing, and textile dyeing, which are essential in daily life [3] - Oil chemical products are applied in plastics, rubber, textiles, daily chemicals, leather, paper, and oil fields, indicating a broad market potential [3] - The company has an annual production capacity of 100,000 tons for liquid detergents in Zhenjiang and 50,000 tons for OEM/ODM personal care products in Hebi [3] Impairment and Financial Adjustments - In the first three quarters of 2025, the company recognized a credit impairment provision of 31.8792 million yuan and an asset impairment provision of 7.0298 million yuan, totaling 38.909 million yuan, which reduced the consolidated profit for the period [3] Export and Industry Outlook - The export tax for crude palm oil is set at $220.36 per ton, including a special export tax of $96.36 [3] - The palm oil market is expected to remain stable, with prices fluctuating within a reasonable range driven by supply and demand fundamentals [3] Strategic Development - The company aims to enhance its supply chain management by extending its operations upstream to raw materials and expanding its sales market, particularly in Southeast Asia [4] - The company is engaged in futures hedging to mitigate risks associated with raw material price fluctuations [4] - As of September 30, 2025, the company has repurchased 4.0598 million shares for a total amount of 39.7674 million yuan [4] - The strategic focus is on surfactants, oil chemical products, and personal care products, with an emphasis on customer-centric OEM/ODM services and technological innovation [4]

Core Viewpoint - ESG (Environmental, Social, and Governance) has become a crucial metric for assessing long-term corporate value, with Zanyu Technology (002637) releasing its first ESG report, showcasing its strategic layout, practical achievements, and future commitments in sustainable development [1][3]. Group 1: Company Overview - Zanyu Technology is a leading domestic producer of surfactants and fatty chemical products, with the top five anionic surfactant manufacturers accounting for over 70% of national production [2]. - The company has established industrial production bases in multiple locations, achieving an annual production capacity of over 1.2 million tons for surfactants and over 1 million tons for fatty chemicals [2]. - In 2024, Zanyu Technology reported a revenue of 10.792 billion yuan, a year-on-year increase of 12.27%, and a net profit attributable to shareholders of 135 million yuan, up 53.99% from the previous year [2]. Group 2: ESG Governance Structure - The company has developed a comprehensive governance structure, adhering to relevant laws and regulations, and held multiple meetings for shareholders and board members in 2024 [4]. - Zanyu Technology emphasizes the independence and diversity of its board, ensuring scientific and comprehensive decision-making [4]. - The company has implemented various risk management measures, including anti-fraud and integrity management systems, conducting extensive training to build a robust supervisory network [4]. Group 3: Environmental Initiatives - Zanyu Technology is committed to green transformation, establishing an environmental management policy focused on eco-friendliness and resource conservation [5]. - The company achieved a 100% compliance rate in wastewater discharge, solid waste disposal, and air emissions in 2024, reflecting its significant investment in environmental protection [5]. - The use of clean energy reached 373.63 tons of standard coal, accounting for 3.29% of total energy consumption, alongside the trading of 100 green power certificates [5]. Group 4: Product Innovation - The company focuses on green design, utilizing natural plant oils as raw materials for its surfactant products, and has developed biodegradable products through advanced production technologies [6]. - Zanyu Technology has established an overseas palm oil production base in Indonesia, enhancing its supply chain security and supporting sustainable palm oil procurement [6]. Group 5: Innovation and R&D - Innovation is a key driver for Zanyu Technology, which has established a multi-layered innovation system and increased R&D investment to align with international standards [7]. - The company has achieved significant milestones in establishing research platforms and holds a total of 734 effective patents, including 55 national invention patents [7]. Group 6: Social Responsibility - Zanyu Technology prioritizes employee welfare, with a young and highly educated workforce, and has implemented competitive compensation and diverse career development paths [9]. - The company conducted 830 training sessions in 2024, covering 90% of employees, enhancing professional skills and team cohesion [9]. - Employee participation in corporate governance is encouraged, reflecting the company's respect for employee opinions [9]. Group 7: Safety and Shareholder Engagement - The company has set strict safety production goals, achieving zero major accidents in 2024 through enhanced risk control and training [10]. - Zanyu Technology distributed cash dividends of 46.3 million yuan to shareholders and repurchased shares worth 70.81 million yuan, demonstrating its commitment to shareholder returns [10]. Group 8: Future Vision - Zanyu Technology aims to leverage its first ESG report as a foundation for future growth, focusing on technological innovation and sustainable practices to enhance market competitiveness [11].