Chairman's Letter
2025 marks the final year of the "14th Five-Year Plan" and a crucial period for charting the course of the "15th Five-Year Plan." It is also a pivotal year for the global sustainable development governance to move towards standardization and systematization. Against the backdrop of the global "dual carbon" goals and the comprehensive implementation of the International Sustainability Standards Board (ISSB), China's "Basic Standards for Enterprise Sustainability Disclosure (Trial)" has been implemented. The Shenzhen Development and Reform Commission has issued the "Work Plan for Promoting the Construction of Environmental and Social Governance (ESG) System in Shenzhen to Help Build a Pioneer City for Sustainable Development (2025-2027)," pointing the way for corporate sustainable development. As a deep cultivator in the field of specialty polymer materials, WOTE has steadily advanced on the path of high-quality development and has successfully been recognized as one of the first batch of ESG practice pioneer enterprises in Shenzhen. We firmly believe that only by deeply embedding the concept of sustainability into our development DNA can we navigate steadily through the waves of the times.
We adhere to the bottom line of excellent governance and build the foundation for sustainable development. We continuously improve the top-level design of ESG and the governance structure, standardize information disclosure, and have been rated A by the Shenzhen Stock Exchange for information disclosure for four consecutive years. We have established a sound risk management and internal control system, strictly adhered to business ethics and compliance, and optimized information security and data protection systems, ensuring that our solid governance capabilities escort the company's high-quality development.
We practice the concept of green development and lead the low-carbon transformation of the industry. We deeply respond to the national "dual carbon" strategy, break through the bottlenecks of green technology for polymer materials, and achieve large-scale application of bio-based polyamides and PCR environmentally friendly materials. Recycling carbon fiber materials empower carbon reduction in the robotics industry. The green production capacity of the Chongqing base is continuously released, and the entire production line implements clean production processes to reduce carbon footprint from the source. Through full life cycle environmental management of products, we provide low-carbon solutions for downstream industries such as electronics, photovoltaics, semiconductors, communications, new energy vehicles, and unmanned aerial vehicles, contributing to the construction of a beautiful China.
We adhere to innovation-driven development and activate the momentum of industrial upgrading. Based on the national strategy of innovation-driven development and the overall situation of building a strong manufacturing nation, we implement a platform-based strategy for specialty polymer materials. The LCP and PEEK projects in the Chongqing base have been put into production. We have wholly acquired Huaka Sealing to increase our investment in the semiconductor industry chain. The production capacity and technology of our core products are at the forefront globally, achieving independent and controllable control over the entire chain of "synthesis-modification-processing and molding." In 2025, R&D investment reached 120 million yuan, with a cumulative total of 434 patents. Seven companies were recognized as high-tech enterprises, and five companies were recognized as "specialized, refined, unique, and new" enterprises. We rely on four major innovation platforms to deepen industry-university-research cooperation, overcome challenges in the independent and controllable supply chain of key materials for 5G/6G communications, and empower strategic emerging industries.