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2025 Environmental, Social, and Governance (ESG) Report (Chinese Version)

✨ AI Summary

Highpower Technology's 2025 ESG report highlights its commitment to robust corporate governance and sustainable development. Key figures include 33.33% female directors and 100% independent directors on the Audit Committee. The company successfully responded to 194 investor inquiries and conducted 5 special internal audits with no major risk events identified. Material outcomes include optimizing governance structure by abolishing the supervisory board and establishing the Audit Committee as the core supervisory body, alongside a strong focus on anti-bribery and fair competition measures.

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01 Contributing to Responsibility

Highpower Technology views a robust governance system as the cornerstone of sustainable development, committed to continuously optimizing its governance mechanisms, enhancing risk management resilience, and ensuring the company operates steadily and creates long-term value while upholding business responsibilities and addressing stakeholder concerns.

This chapter corresponds to the following United Nations Sustainable Development Goals (SDGs): 1 No Poverty 4 Quality Education 8 Decent Work and Economic Growth 10 Reduced Inequalities 16 Peace, Justice and Strong Institutions

Key Issues: Corporate Governance Compliance Operations and Risk Management Anti-Bribery Anti-Unfair Competition Information Security and Privacy Protection Community Investment and Engagement

Corporate Governance

The company strictly adheres to laws and regulations such as the "Company Law," "Securities Law," "Corporate Governance Guidelines for Listed Companies," and the "Shenzhen Stock Exchange Stock Listing Rules," continuously improving its modern corporate governance system, which is centered around the "Articles of Association" and includes rules for shareholder meetings, board meetings, and independent director work systems. This ensures the company's sustained, standardized, and healthy development.

In 2025, the company actively responded to the "Arrangements for the Implementation of Supporting Rules for the New Company Law" issued by the China Securities Regulatory Commission, focusing on optimizing its corporate governance structure. As a core reform measure, the company restructured the "Three Meetings and One Level" system, abolishing the supervisory board and simultaneously establishing the Board's Audit Committee as the core supervisory body to undertake the statutory supervisory functions of the former supervisory board.

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