Foreword
About This Report
This report details the environmental, social, and governance (ESG) practices and highlights of Xiamen Changelight Optoelectronics Co., Ltd. (hereinafter referred to as "Changelight Optoelectronics," "Changelight," or "the Company") in 2025, responding to the concerns of various stakeholders and promoting the company's continuous improvement in ESG performance.
Report Scope
The reporting period is from January 1, 2025, to December 31, 2025. To enhance comparability and forward-looking insights, some content extends to previous and subsequent periods. The policies and data provided in this report cover Changelight Optoelectronics and its subsidiaries, consistent with the company's annual report.
Basis for Report Preparation
This report is prepared in accordance with the Global Reporting Initiative (GRI) Standards for Sustainability Reporting, the International Sustainability Standards Board (ISSB) "International Financial Reporting Sustainability Disclosure Standards No. 2 — Climate-related Disclosures," and the Shenzhen Stock Exchange's "Listed Company Self-Regulatory Supervision Guidelines No. 17 — Sustainability Report (Trial)," and is compiled in conjunction with the company's actual situation.
Data Statement
The data and cases in this report are sourced from the company's official statistical reports and related documents. The company's board of directors solemnly declares that this report does not contain any form of false information or misleading statements or significant omissions of key information, and strictly ensures the authenticity, accuracy, and completeness of the report's content. Hisense Group Co., Ltd. is the controlling shareholder of the company. The Hisense Group's relevant logos and information used in this report, based on the equity relationship and strategic synergy between the two parties, do not constitute Hisense Group's guarantee or assurance of the data and conclusions in this report.
Glossary
Xiamen Changelight Optoelectronics Co., Ltd.: Changelight Optoelectronics, Xiamen Changelight, the Company, or us Yangzhou Changelight Optoelectronics Co., Ltd.: Yangzhou Changelight Jiangxi Changelight Optoelectronics Co., Ltd.: Jiangxi Changelight
Report Acquisition
The electronic version of this report can be obtained from the official website of Changelight Optoelectronics (https://www.changelight.com.cn/tzzgx/index_33.aspx). Readers are welcome to provide feedback on this report or the company's ESG work. If you have any questions or suggestions regarding the report, please contact the company through the following means:
| Company Name | Postal Address | Postal Code | Email Address | Contact Number |
|---|---|---|---|---|
| Xiamen Changelight Optoelectronics Co., Ltd. | Xiang'an Industrial Zone, Torch High-tech Zone, Xiamen, Xiangtian Road No. 259-269 | 361101 | 300102@changelight.com.cn | 0592-7616258 |
Management Discussion and Analysis
Driving Value Through Transformation, Illuminating the Future with "Chips"
The global industrial landscape is undergoing a rapid reshaping, presenting the semiconductor optoelectronics industry with dual opportunities of technological iteration and demand upgrade. Facing a complex market environment, increasingly fierce industry competition, and continuously evolving global government regulatory requirements, Changelight Optoelectronics adheres to its mission of "changing the world with light and benefiting humanity with technological innovation," striving to become a globally leading and most influential provider of semiconductor products and services. All Changelight employees are united in their efforts, working together to face the complex and ever-changing market environment.
We understand that a company's long-term value stems not only from technological breakthroughs and market expansion but also from the deep integration of environmental, social, and governance (ESG) concepts. We uphold the development strategy of "focusing on high-end products and customers, improving system operational efficiency, and achieving stable and continuous profit growth." We focus on market expansion, technological breakthroughs, product development, and system efficiency improvements. While creating economic value, we actively respond to the challenges of the times and fulfill our commitment to sustainable development.