REPORT PREPARATION INSTRUCTIONS
Reporting Period
This report is an annual report, the fourth Environmental, Social, and Governance (ESG) report publicly released by Shanghai Steel Union E-commerce Co., Ltd. to society.
Statement of Terms
For ease of expression, this report uses terms such as "Shanghai Steel Union," "Steel Union," and "the Company" to refer to Shanghai Steel Union E-commerce Co., Ltd. Terms such as "Shanghai Steel Silver," "Steel Silver E-commerce," and "Steel Silver" in the report refer to Shanghai Steel Silver E-commerce Co., Ltd., which is a subsidiary of Shanghai Steel Union. Terms such as "Longzhong Information" in the report refer to Shandong Longzhong Information Technology Co., Ltd., which is a subsidiary of Shanghai Steel Union.
Organizational Boundary
The scope of this report covers companies within the consolidated financial statements of Shanghai Steel Union.
Time Scope
The time scope of this report is from January 1, 2025, to December 31, 2025. Some content related to management, policies, and initiatives may extend beyond this time scope.
Reference Basis
Shenzhen Stock Exchange "Listed Company Self-Regulatory Supervision Guidelines No. 17 — Sustainable Development Report (Trial)" "China Enterprise Social Responsibility Report Guide (CASS-ESG5.0)" by the Chinese Academy of Social Sciences
Preparation Process
Report planning → Report framework construction → Report preparation training → Report material collection → Report preparation → Internal discussion → Opinion solicitation → Report revision → Management review → Board of Directors' approval → Report finalization and release.
Data Description
All data in this report are from official documents and statistical reports of Shanghai Steel Union and have been reviewed by relevant departments. Financial data in the report are denominated in RMB unless otherwise specified.
Quality Commitment
The information and data disclosed in this report are derived from the company's statistical reports and official documents and have been reviewed by relevant departments. The company undertakes that this report does not contain any false records or misleading statements and is responsible for the authenticity, accuracy, and completeness of its content.
Contact Information
Telephone: 021-26093997
Company Address
No. 68 Yuanfeng Road, Baoshan District, Shanghai
Company Website
CONTENTS
Report Preparation Instructions
ESG Report Chairman's Speech
Company Basic Information
1.1 Company Introduction 09 1.2 Corporate Culture 10 1.3 Company Honors 11
Materiality Assessment
2.1 Double Materiality Analysis 15 2.2 Stakeholder Communication 15 2.3 Identification of Material Issues 16
Company Sustainable Development Governance Arrangements
3.1 Upholding Party Building Leadership 19 3.2 Optimizing Governance Structure 20
Environment
4.1 Response to Climate Change 23 4.2 Energy Utilization 23 4.3 Promoting High-Quality Development of the Circular Economy 24 4.4 Water Resource Utilization and Discharge Treatment 26
Social
5.1 Focusing on Technological Innovation and Actively Embracing the AI Wave 29 5.2 Product and Service Safety and Quality Management 34 5.3 Data Security and Customer Privacy Protection 38 5.4 Supply Chain Security Management and Risk Prevention and Control 39 5.5 Employees 41 5.6 Rural Revitalization 45 5.7 Social Contribution 47
Governance Dimension of Sustainable Development
6.1 Anti-Bribery and Anti-Corruption 53 6.2 Fair Competition 53 6.3 Investor Relations Management 53 6.4 Strengthening Risk Management 54
07 ESG Performance Data Summary
08 Index of Sustainable Development Report Regulatory Guidelines
ESG Report Chairman's Speech
CHAIRMAN'S SPEECH
Dear Shareholders, Customers, Partners, Colleagues, and Friends from All Walks of Life:
We are pleased to share with you Shanghai Steel Union's 2025 ESG Report. Over the past year, we have made steady progress on the path of sustainable development. This report not only summarizes our phased achievements but also embodies our reflections and responsibilities for the future.