Report Preparation
Report Introduction
This report discloses the key performance indicators of Gold Cup Electric Co., Ltd. for 2025 in the dimensions of environment, society, and corporate governance, demonstrating the company's achievements in these areas to shareholders and stakeholders.
Reporting Scope
This report covers the environmental, social, and governance work of the company and its manufacturing and operational entities from January 1, 2025, to December 31, 2025, with some content extended to previous years.
Basis of Preparation
This report is prepared with reference to the "Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 17 — Sustainable Development Report (Trial)," the "Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 3 — Sustainable Development Report," the Sustainability Reporting Standards issued by the Global Reporting Initiative (GRI), the United Nations 2030 Sustainable Development Goals, and the ISO 26000:2010 Guidance on Social Responsibility, combined with the company's actual situation.
Report Nomenclature
In this report, "Gold Cup Electric Co., Ltd." is also referred to as "Gold Cup Electric," "the Company," "the Group," or "we."
Data Explanation
All data cited in this report is derived from Gold Cup Electric's formal documents, statistical reports, and financial reports.
Source and Reliability Statement
The information used in this report is provided by Gold Cup Electric Co., Ltd. and its subsidiaries. Gold Cup Electric is responsible for the authenticity, accuracy, and completeness of the report's content.
Confirmation and Approval
This report was approved by the Company's Board of Directors for publication.
Report Acquisition
The electronic version of this report can be obtained through the Gold Cup Electric official website, the Shenzhen Stock Exchange website, and the Juchao Information website. (URL: http://www.gold-cup.cn; http://www.szse.cn; http://www.cninfo.com.cn)
CONTENT
01 Report Preparation 02
02 Company Overview 2.1 Company Profile 05 2.2 Chairman's Statement 07 2.3 Sustainable Development Strategy and Management 09
03 Materiality Assessment 3.1 Materiality Analysis 13 3.2 Due Diligence and Stakeholder Engagement 14 3.3 Materiality Assessment Conclusion 19
04 Governance 4.1 Governance Structure 20 4.2 Protection of Minority Shareholder Rights 22 4.3 Risk Management 22 4.4 "Three Lines of Defense" Internal Control 23 4.5 Compliance and Closed-loop Management 24
05 Environment 5.1 Climate Change Response 25 5.2 Green Production 29 5.3 Energy Utilization 35
06 Social 6.1 Product and Service Safety and Quality 41 6.2 Innovation-Driven 47 6.3 Supply Chain Security 62 6.4 Data Security and Customer Privacy 69 6.5 Employees 71 6.6 Rural Revitalization and Social Contribution 81
Report Appendix ESG Report Assurance Statement 84 Report Preparation Standards Index 86 Feedback 88
2.1 Company Profile
Gold Cup Electric Co., Ltd. was established in 2004 and possesses three major bases for electromagnetic wire and wire and cable, located in Changsha, Hengyang, Chengdu, Wuhan, Nanchang, and Changzhou. It owns six major brands: "Gold Cup," "Tower," "Feihe," "Gongchang," "Power," and "aerumtec." The company currently has 12 first-tier subsidiaries, 8 second-tier subsidiaries, and 1 third-tier subsidiary, including 4 national-level green factories and 2 provincial-level green factories.
The company's main products cover power cables, bare wires, overhead insulated cables, electrical equipment wires and cables, electromagnetic wires, and special cables. Products are directly or indirectly applied to ultra-high/high voltage transformers, smart power grids, data centers, new energy vehicles, high-speed rail, industrial robots, smart equipment, rail transit, wind and solar energy storage, new infrastructure construction, medical equipment, nuclear power engineering, and other key areas.