Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
The Report is the fourth Environmental, Social, and Governance (ESG) Report (hereinafter referred to as "ESG Report" or "the Report") released by Ninestar Corporation (hereinafter referred to as "Ninestar", "We" or "the Company"). It discloses our ESG management
philosophy, management policies, improvement actions, and other achievements in 2024.
References and Basis of Preparation Reporting Scope
Self-Regulatory Guidelines No. 17 for Companies Listed on Shenzhen Stock Exchange―Sustainability Report (For Trial
Implementation) The Report is an annual ESG report covering the period from January 1, 2024, to December 31, 2024 (hereinafter referred
to as "this year" or "the Reporting Period"). Some contents are appropriately extended beyond the Reporting Period and
The GRI Sustainability Reporting Standards (GRI Standards) issued by the Global Sustainability Standards Board (GSSB) need to be read in combination with our 2024 annual report.
Shenzhen Stock Exchange Social Responsibility Instructions to Listed Companies Unless otherwise specified, the amounts involved in the Report are denominated in RMB.
Recommendations of the Task Force on Climate-related Financial Disclosures (TCFD)
Reporting Principles Data Source
All the data used in the Report is mainly derived from public data, internal statistics, third-party surveys, administrative
We have engaged a professional third-party institution to identify current ESG material issues based
documents, reports and other relevant documents.
on business characteristics, industry analysis, and expert asses**ent and submitted the results to
our Board of Directors (hereinafter referred to as "the Board of Directors") for review, to determine
Materiality the materiality ranking of the ESG issues, which is used as the basis for ESG report preparation and
management enhancement. Availability of the Report
We have developed a comprehensive and effective ESG governance structure. Under the leadership
The Report is prepared in both Chinese and English versions. In case there is any discrepancy between them, the Chinese
of the Board of Directors, we have established and continue to improve data collection tools and
version shall prevail.
review mechani**s through the two-tier governance structure of the "ESG Committee - ESG Working
Group". Where applicable, a comparison between data for this year and previous years is disclosed
Quantitative
You can view and download the electronic version of the Report on the website of the Shenzhen Stock Exchange (www.
in the Report to better inform shareholders of our ESG management progress. szse.cn) and the Company's website (www.ninestargroup.com).
The Report presents our ESG performance objectively and impartially, showcasing not only our Feedback
working achievements but also discussing areas for improvement and future plans on relevant
issues.
Balance
Should you have any questions or feedback on the Report and contents hereof, please contact us by:
Address: No. 3883, Zhuhai Avenue, Xiangzhou District, Zhuhai City
To the extent reasonably feasible, the quantitative information in the Report is measured and
disclosed in a manner consistent with past practices so that shareholders can analyze and assess our Tel: 86(0)756-6258000
achievements in different periods. If the scope of data collection changes, the data is updated, or the
Fax: 86(0)756-8539856
Consistency method of measurement is altered, corresponding explanations will be noted for the Report users'
reference. Email: info@ggimage.com
ZIP code: 519075
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
To all stakeholders,
The year 2024 marked another solid step forward for
optimized ESG governance framework and enhanced
Ninestar on its path toward high-quality, sustainable educational equity and community prosperity. These
Upholding Green and Clean Principles, Strengthening
internal management over the past year but also stands
development. Looking back, we confronted challenges efforts reflect our dedication to being a responsible
Low-Carbon Foundations
as a testament to the collective efforts of our entire
with craft**anship and innovation while upholding our In alignment with China's "3060" goals for peaking corporate citizen. We firmly believe that aligning economic
team. While we take pride in this accomplishment,
commitments with responsibility and dedication. Looking carbon emissions and achieving carbon neutrality, we value with social value is the only path to achieving
we extend our sincere gratitude to all stakeholders for
ahead, we will remain true to our founding principles set a clear commitment in 2023 to reduce our overall sustainable development.
their unwavering support and trust. Moving forward,
and embrace change with even greater determination to carbon emissions by 50% by 2030 and have since been we will continue to refine our ESG management system If we do not fail Nature, Nature shall never fail us. Standing
foster shared growth for both our business and society at steadfastly advancing our green initiatives. In 2024, we through systematic gap analysis and improvement at the threshold of 2025, Ninestar is poised to embark
large. On behalf of the Company's management, I would deepened our product lifecycle management, integrating initiatives, proactively responding to evolving regulatory on a new chapter of high-quality development, guided
like to extend our deepest gratitude to all shareholders, more clean technologies across design, packaging, and requirements and evaluation standards. We firmly believe by customer needs, driven by technological innovation,
customers, employees, and partners who have shown e-waste recycling while advancing comprehensive carbon that our employees are the key driving force behind our and safeguarded by ESG governance. Our upgraded MSCI
unwavering support for Ninestar. footprint certification. Additionally, we will further success. To this end, we remain committed to fostering ESG rating to 'A' stands as testament to our efforts, yet
increase the adoption of clean energy like photovoltaic a fair and inclusive workplace, perfecting training this is but a beginning. We look forward to joining hands
power, optimize our green operations framework, and
Upholding Craft**anship, Driving an Innovative
system and career development pathways to inspire with all stakeholders in the coming years. Through open
strive to deliver more competitive, eco-friendly and green
Future
creativity and a sense of belonging among our workforce. collaboration and steadfast responsibility, we will forge
We have achieved inspiring milestones on our path of products. We firmly believe that green and low-carbon Moreover, we will engage with stakeholders more openly, a brighter future, one that is greener, **arter, and more
independent innovation. Pantum's first self-developed development is not just a corporate responsibility but a ensuring our corporate strategy resonates with societal inclusive. Together, let us turn this shared vision into
A3 monochrome and color copiers succes**ully debuted strategic imperative, enhancing both market resilience expectations. reality!
in the market, earning widespread acclaim for their high and long-term value.
reliability, ease of maintenance, and cost-effectiveness. Putting Responsibility into Action, Creating Shared Ninestar Corporation
As we moved into 2024, we further increased R&D
Embracing Responsibility, Advancing ESG Governance Value
President Kong Dezhu
investments to accelerate our digital and intelligent As a Shenzhen Main Board-listed company, Ninestar Since its founding, Ninestar has embedded social
tran**ormation, introducing more high-quality products has consistently regarded ESG (Environmental, Social, responsibility into its corporate DNA. In 2023, we gave
with proprietary intellectual property. We are committed and Governance) management as the cornerstone back to society through concrete actions - supporting
to leveraging technological innovation as a catalyst for of high-quality development. In 2024, we achieved a education initiatives and participating in community
industry advancement, delivering more efficient and milestone in our ESG governance journey - our MSCI development. Building on this commitment, we further
**arter printing solutions to users, and reinforcing ESG rating was upgraded to 'A'. This recognition not increased our investments in public welfare programs
Ninestar's leadership in the printer industry. only reflects international acknowledgment of our in 2024, launching more targeted projects to promote
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
We uphold the corporate mission to fulfill our social responsibilities, to provide exceptional service for our customers, to
help realize the dreams of our employees, to create value for our shareholders. Our founders established the Company
and the nation will it achieve broad and robust success and create a great brand". While delivering high-quality products
and services, we have actively engaged in social welfare initiatives and environmental protection endeavors.
Established in 2000 with its beginnings in manufacturing printing
consumables, Ninestar Corporation has consistently focused on Guided by our core values of "loyalty, truth-seeking, innovation and being win-win", we have steadily expanded our
the research, development, production, and sales of printing and business from compatible consumables and printers to integrated circuit chips and beyond, evolving into a distinctive,
imaging products. Today, the Company has emerged as the world's dynamic, and innovative technology services enterprise.
fourth-largest laser printer manufacturer, a leading designer of
application-specific integrated circuits (ASICs), and a global leader
in the compatible consumables industry. Listed on the Shenzhen
Ranked among the top 500
Stock Exchange (Stock Code: 002180) in 2014, the Company has
listed companies in China for six 3.4 Core Values
consecutive years
been ranked among China's Top 500 Listed Companies for six
consecutive years.
abide by laws and
The Company operates three core business segments: laser regulations, be innovate boldly,
printers and consumables, integrated circuit chips, and printer core honest and dedicated
Loyalty Innovation keep exploring new
components, achieving comprehensive coverage across the entire to work, adhere to possibilities, and
printing industry chain. With a global presence spanning over 150 A presence in more than 150 professional ethics, seek development
through innovation
countries and regions, the Company boasts a portfolio of renowned countries and regions around and be loyal to the
industry brands including "Geehy ( 极 海 )", "APEXMIC ( 艾 派 克 )", the world Company's business
"G&G ( 格之格 )", "Static Control", "Lexmark", and "PANTUM ( 奔图 )".
For more information about the Company's business operation and
financial condition, please refer to Ninestar's 2024 Annual Report:
https://www.ninestargroup.com/investor-ar.html be an honest person, share difficulties and
Truth-
work practically, seeking
Win-win success together, and
pursue substantial competition before
results, and make winning awards
Laser printer Integrated circuit chip Compatible consumables
Ninestar Corporation 2024 Environmental, Social, and Governance (ESG) Report
Operating revenue Patents awarded globally during the Reporting Period Ninestar conducted ESG audits covering 1,328 suppliers, accounting for over 80% of total procurement.
Ninestar and all its subsidiaries achieved 100% signing compliance with the Group's Anti-Commercial Bribery
Ninestar allocated RMB 21.8726 million in workplace safety investments and delivered 14,409 hours of
work safety training.
Taxes paid R&D investments
The number of products recalled due to safety or health concerns was 0.
China, Malaysia, and Mexico. Female leadership representation has increased to
managers.
Ninestar has dedicated itself to comprehensive layout and development across the entire printing industry chain. Its
business stretches across spanning laser printers and original supporting consumables, printer master SoC chips and
consumables chips, printer compatible consumables, and print management services. Operating in over 150 countries and
regions worldwide, the Company has been ranked among the "Guangdong Province's Top 100 Private Enterprises" list for 3.5.3 Highlights - Environmental indicators
six consecutive years since 2018.
MSCI (Morgan Stanley Capital International), the globally authoritative index provider, recently announced its 2024 ESG
rating results, Ninestar achieved an upgraded rating from BBB to A, due to the Company's sustained efforts and tangible Clean technology products generated sales revenue of RMB 11,625.5148 million, accounting for 44%
progress in ESG practices. This accomplishment not only recognizes Ninestar's dedication to sustainable development of total sales.
but also demonstrates our steadfast commitment to corporate social responsibility and relentless pursuit of continuous
improvement. Annual self-consumed photovoltaic power generation reached 6,647,200 kWh in 2024, representing a
remarkable 208% increase compared to 2023.
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
Since its founding, Ninestar has upheld responsible operations, striving to create enduring environmental, social
and economic value across multiple domains including environmental protection, clean technology application,
product quality, employee responsibility, supply chain development and social welfare. Guided by our comprehensive 2025
sustainability philosophy, we have continuously deepened the integration of ESG principles into business operations to Reaching New Heights: In April, we unveiled our "Printing a
drive high-quality development of the Company. Greener Future" ESG strategic goals and three key strategic
directions, marking our advancement toward higher
As global emphasis on sustainability intensified in 2024, we deeply recognize the expectations from stakeholders for
management maturity.
Ninestar to integrate long-term value creation with deeper ESG practices. To this end, during the Reporting Period, we
established the strategic goal centered on "Printing a Greener Future", further refining, clarifying, and focusing our efforts 2024
to shape three key strategic directions for future sustainable development: Responsible Intelligent Manufacturing, Value
Creation, and Green Reinvention. Renewed Recognition: In December, our MSCI rating was
upgraded from BBB to A, marking another affirmation of
In the strategic focus process, we aligned our efforts with China's carbon reduction targets and action plans for the 15th our sustainability efforts and demonstrating our steadfast
Five-Year Plan period, integrated the national call to cultivate and develop new quality productive forces, and adhered to commitment to social responsibility as well as our 2023
the latest sustainability guidelines and directives from the Shenzhen Stock Exchange. We also actively responded to global determination for continuous improvement.
trends, incorporating the United Nations Sustainable Development Goals (SDGs) and the disclosure standards of the Routine Management: We implemented an internal ESG
International Sustainability Standards Board (ISSB), among other international frameworks. enhancement plan guided by the two major ESG goals
of "strengthening internal management and improving
We firmly believe that ESG and corporate high-quality development are mutually reinforcing and complementary. We external evaluation". Tailored ESG improvement solutions
strive not only to integrate ESG principles into key aspects of Ninestar's planning, operations, and decision-making - were developed for all organizational levels and business
ensuring that our business growth drives economic benefits while also generating profound positive impacts on the units, fully incorporating operational management
environment and society - but also to continuously enhance our ESG influence, injecting new momentum into the requirements to effectively institutionalize ESG
Company's sustainable growth. This dual commitment aims to achieve excellence in both business performance and 2022
management practices.
social responsibility, collectively forging long-term sustainable development.
First ESG Report: In June, we issued our first ESG Report
Focused Advancements: Identifying high-relevance
(2021 ESG Report), which was published bilingually in
priority issues such as "clean technology opportunities"
Chinese and English right from its first edition.
and "e-waste management", we implemented two
Initial Gap Analysis: In July, we benchmarked ESG practices comprehensive rounds of ESG management enhancement
Responsible of leading enterprises in international and domestic to address identified gaps by benchmarking against
Intelligent markets, conducted gap analysis, and implemented industry best practices under the leadership of our
Manufacturing targeted improvements to address management President.
deficiencies.
First Recognition: In December, our MSCI rating was
Board Engagement: In December, we established a Board- upgraded from B to BBB.
level ESG Special Committee, defining its membership
composition, responsibilities, authority, and decision- 2018
making procedures.
Printing a Ninestar was initially included in the MSCI rating as B.
Greener Future
The "Ninestar Angel Love Fund" was renamed as the
"Ninestar Angel Love Plan", through which we have carried
out philanthropic projects in critical areas including
Green
Value Creation
Reinvention medical aid for serious illnesses, educational assistance, 2007
environmental protection, and youth development.
The establishment of the "Ninestar Angel Love Fund" aims
to aid underprivileged children suffering from leukemia.
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
Ninestar has established a board-led ESG governance framework with multi-tier oversight, creating an end-to-end In 2024, building upon our previous work, we continued to focus on key issues highlighted by external rating agencies as
process that integrates decision-making, communication, and practical implementation. Under the board's leadership, levers for management enhancement. Through point-to-point communication with subsidiaries, we addressed challenges
our "ESG Committee - ESG Project Task Force" structure effectively identifies and assigns ownership of key ESG topics to and difficulties in management improvement to uncover more best practices. Regarding the "e-emissions management"
relevant internal departments, clearly defining their responsibilities and establishing standardized requirements for ESG issue, we systematically documented each subsidiary's latest recycling practices and management systems for electronic
improvement plans. This systematically integrates ESG principles across business operations. We are actively cultivating waste, reviewed progress against recycling targets, and created posts on our WeChat official account to share updates with
in-house ESG specialists through knowledge sharing and expert consultations to enhance competency in managing external stakeholders.
specific ESG matters.
Additionally, we conducted internal training on the Shenzhen Stock Exchange's new ESG disclosure guide to lay the
groundwork for further enhancing our future information disclosure. For specific issues, we compiled and distributed
Designing top-level strategy training materials to subsidiaries as reference resources, supporting their efforts to train and empower both employees
The Board of Directors, serving as the highest
and suppliers.
Governance Membership
Levels governance body, actively participates in
formulating ESG strategies, oversees the
Board
Company's ESG developmental direction 4.5 Communication and Training Regarding Sustainability
and strategies, and regularly discusses and
of
Directo
rs
reviews the risks and opportunities related to
ESG development.
Ninestar is fully advancing ESG management. Employees at all levels actively participate in the annual ESG Committee
meetings, where they collaborate with committee leaders to discuss and develop ESG strategies that align with our
sed of business needs, crafting ESG management enhancement action plans and goals for various business units.
ESG Co Compri Coordinating ESG activities
mmitte rs and
In 2024, we conducted four internal ESG training sessions covering, but not limited to, the latest ESG trends, industry best
e e cto
The ESG Committee is primarily responsible
p e ndent
practice sharing, rating management standards, and company improvement action plans to deepen ESG understanding.
rs
for setting the Company's sustainable
directo
development goals and development For ESG-related operational tasks such as data collection and factory audits, we also provided targeted training and
plans. It supervises the operation of the learning opportunities for employees with questions, along with focused discussions to ensure organization-wide ESG
- sustainable development systems across competency enhancement.
Leader
various business units, providing suggestions
Group
orking
The Company has established a dedicated mechani** for external communication on ESG topics. It maintains an active
S G W o m pa ny
E the C
and solutions for improving the Company's
ent of
Presid
ESG Wo
dialog with ESG rating agencies, ESG investment institutions, and leading enterprises regarding ESG trends, management
sustainable development performance.
am
rking Gro tion Te
enhancement, and regulatory updates to learn from their experiences and foster our ESG initiatives.
up ordina
ESG Co
The ESG Committee members come from
Group
Leaders
eputy
roup D units) diverse backgrounds with extensive industry
in g G
ESG W
ork siness
ous bu
of vari
experience, covering areas such as corporate
(H ea d s
embers
management, financial management, and
roup M
G W o rking G
ES
risk management. This diversity provides
various professional perspectives and risk
preferences, enabling the Company to
better manage complex ESG risks and seize
development opportunities.
Developing improvement actions Implementing
improvement measures
ESG Working Group includes management from the parent company and its Regularly record, collect, and report ESG-
subsidiaries, responsible for coordinating, planning, implementing, and supervising related information.
the Company's ESG activities to ensure the ongoing advancement of our ESG
governance. Responsible for conducting measures that
can improve the Company's ESG in daily
The Company's President serves as the ESG Working Group Leader, with heads operations.
of various business units appointed as the ESG Working Group Deputy Leaders.
Personnel seconded from such business units and subsidiaries form the core Organize and implement daily management
membership. A Group ESG Coordination Team has been established as a facilitating activities related to ESG research, training,
body, regularly reporting ESG progress to the ESG Working Group Leader while communication, and dissemination.
providing internal ESG advisory services to all business units and subsidiaries.
For information about ESG management policies, please refer to the sections on various ESG issues on Ninestar's official
website (https://www.ninestargroup.com/esg.html).
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
We have developed a diversified communication mechani**, establishing close ties with stakeholders through a combination of online and offline interactions and actively responding to their expectations through communication and cooperation.
Stakeholders
Government and
Investors Employees Consumers Suppliers Distributors Partners Media Public
regulatory authorities
Continuous value
creation
Implementation of Protection of basic
Prevention of Open, fair and just
macro policies rights and interests Privacy and Conduct cooperation
operation risks procurement Win-win cooperation
Employment of employees information security Responsible Strengthen the
Protection of Insist on integrity High-quality Response to public
promotion Employee care High-quality products communication and
shareholders' rights management products and opinions
Lawful and compliant Occupational Health products and Product optimization exchange
and interests Long-term and stable services Information
Their concerns
operation and Safety services and innovation Support the public
Good information cooperation Abide by business publication
Corporate Employee training Localized products Business ethics and welfare
disclosure Support the supplier ethics
sustainable and occupational and services anti-corruption
Corruption- growth
development development
free business
environment
Strengthen the
information
Strictly abide by the Establish a fair and
security and privacy
laws and regulations just remuneration
protection measures
of each place where Comply with relevant system Establish fair
Develop a quality
we operate laws and regulations Care about special and transparent
management system, Expand cooperation Strengthen the
Conduct integrity Hold general employees procurement
and ensure **ooth and exchange industry-university-
management meetings of Strengthen the principles and
service networks channels research project
and pay taxes in shareholders construction of processes
Keep consumer Keep product and cooperation Keep the
Our daily accordance with the Regularly disclose occupational Advocate for a Strengthen the public
feedback channels service feedback Provide support to communication
communication law operating and health and safety sustainable supply opinion monitoring
open channels open teaching in universities channels open
and responses Participate in the financial information management system chain Maintain
Conduct the product Strictly abide by the Enhance the Organize social
planning and Regular and daily Establish a long- Carry out ESG communication with
sati**action survey laws and regulations product innovation welfare activities and
formulation of communication with term talent training management of the media
and feedback of each place where consciousness volunteer activities
policies and plans investors mechani** supply chain
Cultivate the local we operate Keep regular
Accept supervision Strengthen the Conduct employee Carry out regular
market, and continue Strict review and or irregular
and asses**ent compliance and sati**action surveys communication
the technological certification communication
Sustainable internal control Provide anonymous with and training of
innovation
development system channels for suppliers
Introduce policies to
through lean collecting reasonable
combat counterfeit
management employee demands
and shoddy products
in the market
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
The latest guide issued by the Shenzhen Stock Exchange emphasizes the dual materiality principles of impact and finance.
Accordingly, Ninestar has placed greater emphasis on assessing and measuring these two critical dimensions in this year's Step 1
ESG management and disclosures. We mapped business relationships through diagrams, covering both upstream and downstream
Identifying the Company's
value chains and the types and nature of these business relationships. Additionally, we analyzed
In alignment with both GRI standards and Shenzhen Stock Exchange requirements, we evaluated Ninestar's 15 ESG Business Activities and relevant laws, regulatory policies, media coverage, peer benchmarking, and other contextual
issues through the dual lenses of financial materiality and impact materiality. Our objective was to identify issues that Stakeholders information related to the Company. Based on this, we identified the affected stakeholders.
may enhance or diminish corporate value, thereby providing substantive ESG references for future business and strategic
decisions. During the Reporting Period, seven topics demonstrated dual materiality - possessing both significant impact
and financial relevance.
Step 2
Based on the existing material issues list, we comprehensively assessed the following five dimensions
to conduct a multi-dimensional review of material issues, completing the identification and updating
of the material issues list:
Policy Trend Analysis: Aligning with national strategies, we conducted an in-depth study of policies
and regulations at the national, provincial, and municipal levels, combined with industry regulatory
requirements, to analyze sustainable development trends in the sector.
Identifying and Updating Corporate Development Planning: We identified issues critical to the Company's growth in accordance
Green Products and Clean Technology with its business and operational strategies and annual planning.
the ESG Issues List
Disclosure Standards Analysis: We referenced a range of frameworks, including the Shenzhen Stock
Exchange Sustainability Reporting Guide, HKEX ESG Reporting Guide, GRI Standards, UN Sustainable
Waste management Electronic Waste Recycling
Development Goals (SDGs), SASB, TCFD, and ISSB Climate-Related Disclosure Standards.
Employees' Rights, Interests, Diversity Responsible Supply Capital Market Analysis: We referenced key issues covered by major ESG ratings and indices.
and Equity Chain Management Peer Benchmarking Analysis: By reviewing sustainability reports from leading domestic and
Occupational Health and Safety Privacy and Information Security international peers, we identified industry-aligned priorities.
Business Ethics and Corporate Governance Product
and Risk Management
Impact materiality
Anti-corruption Responsibility
Step 3
Through our ESG communication strategy, we are committed to enhancing the Company's transparency
Human Capital Development and accountability, and ensuring open and diversified communication channels with all stakeholders,
including but not limited to surveys, online and offline interviews, and other engagement methods. Based on
Respond to Climate Change stakeholder feedback and research findings, we conducted a materiality matrix analysis in accordance with
Water Resources Management Energy Management the ESG reporting guide.
Conducting Materiality Impact Materiality Asses**ent: We evaluated material impacts based on factors such as scale, scope,
Issue Analysis irremediability, and likelihood of both negative and positive effects. Through stakeholder surveys and expert
scoring, we established thresholds for determining materiality and derived conclusions on impact materiality.
Financial Materiality Asses**ent: We identified risks and opportunities that currently affect or may affect
the Company's business operations, financial condition, and operating results. Using qualitative thresholds,
we assessed whether these factors could have a significant financial impact.
Social Welfare
Step 4
By integrating international leading reporting standards, ESG priorities of top domestic and global
Review of Material Issues peers, and recommendations from ESG professional advisors, we developed a review checklist
for material issues analysis. Through this process, we identified and evaluated 15 material issues,
Analysis
assessing the impact and financial materiality of Ninestar and its stakeholders.
Financial materiality Step 5
The ESG Committee and the Board of Directors reviewed and confirmed Ninestar's material
Confirmation of Material issues for the current year, along with their asses**ent results. Based on the final review findings,
Environmental Issues Social Issues Governance Issues Issues
the number of ESG issues and their degree of materiality remain unchanged in terms of impact
materiality, while a financial materiality asses**ent has been newly introduced.
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
During the Reporting Period, the directors of the Company carried out their work in strict accordance with relevant laws, regulations
In the current trends of globalization and sustainable development, ESG factors are crucial for measuring corporate and rules, and fulfilled their duties with due diligence. The Company held board meetings, management report meetings and
governance. We believe that optimising corporate governance means more than compliance with laws and regulations. other meetings irregularly. The management timely reported important information such as the Company's business operations,
Instead, we should take the initiative to integrate ESG factors into Corporate Culture. We are confident that our ESG efforts the progress of strategic implementation, and the financial status to the Board of Directors, and also accepted the inquiries and
will drive the overall advancement in corporate governance, reduce operational risks, and achieve prudent corporate guidance of the Board of Directors. In addition to the meetings, the board members of the Company have the right to communicate
growth in the long run. with the management at any time regarding urgent or important issues, which facilitates the tran**ission of documents, data
and other materials between both sides. During the Reporting Period, various special committees established under the Board of
Directors held several meetings, complying with the associated rules of procedure.
Directors independence ensures that we make decisions in an objective and fair manner to better protect the rights and interests
of all stakeholders. We consider various factors for the diversity of board members, including gender, age, nationality, cultural and
A well-established governance structure and clear governance responsibilities serve as the core of promoting effective
educational background, professional experience, skills, knowledge, industry or other experience, expertise, independence, and
corporate governance. We strictly follow the Company Law of the People's Republic of China, Securities Law of the
term of service, when appointing optimal board members. We also take factors into account based on our business model and
People's Republic of China, Regulations on Corporate Governance of Listed Companies, Stock Listing Rules of the
specific needs at any given time. The Nomination Committee checks diversified factors of the Board of Directors annually, irregularly
Shenzhen Stock Exchange, and relevant regulations of regulatory authorities such as the CSRC, and develop and vigorously
discusses measurable goals for board member diversity and provides recommendations to the Board of Directors.
implement the Articles of Association, Rules of Procedure for General Meeting of Shareholders, Special Working Meeting
System for Independent Directors, Implementation Rules for the Nomination Committee and other internal management During the Reporting Period, we gave ongoing training sessions and took improvement measures to strengthen the management
systems, to continuously improve the corporate governance and internal control system. of directors' capabilities and board independence and reviewed and optimized the structure of existing committees. We irregularly
organize directors to participate in professional training, the content of which includes but is not limited to the latest laws and
Our Board of Directors is fully responsible for corporate business operations and strategy development. We have set up
regulations, corporate governance code, industry development trends, etc., to improve the professional qualities and performance
five professional committees. Each professional committee gives full play to its professionali** and operational efficiency
capabilities of directors. In March 2024, one of our directors resigned from their senior management duties, resulting in the absence
to ensure rational and efficient decision-making. We constantly learn from the domestic and overseas best practices and
of any current management members in the Audit Committee, and enhancing the independence of the Audit Committee.
continuously review and improve ESG and corporate governance in accordance with international authoritative rating
standards.
Number of the
boards of listed Remuneration
Strategy Nomination ESG Audit
No. Role Name companies where Focus areas and Evaluation
Committee Committee Committee Committee
the director served Committee
(including Ninestar)
Strategy development/
General Meeting of Wang
Shareholders 1 Director
Dongying
talent development
Zeng Corporate operation/
Supervisory 2 Director 1
Board of Directors
Committee
√
Yangyun technical consulting
Corporate operation/
business management
Wang Public relations/financial
Yonghua management
Zhang
Remuneration
√ √
Jianzhou
Strategy Nomination Audit ESG
and Evaluation
Committee Committee Committee Committee 6 Director Meng Qingyi 1 Strategy consulting
Committee
√
Independent Tang Financial management/
director Tianyun risk management
Independent Xiao Legal consulting/risk
director Yongping management
Independent Wang Artificial intelligence and
director Guoyou automation
Proportion of independent directors 40% 67% 67% 33% 67%
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
Number of meetings held (time) Number of proposals approved (item) Aiming to build a fair, reasonable, and competitive salary system, we have formulated the Comprehensive Salary
Management System , thereby facilitating the achievement of our strategic objectives by attracting, motivating, and
General Meeting General Meeting retaining talents.
of Shareholders of Shareholders
During the Reporting Period, the Company has closely tied its core personnel to the performance for a long term,
Board of Directors 9 Board of Directors 56 guiding the core backbone to focus on the Company's long-term interests and stable and sustainable development. The
Company implemented differentiated incentive tools based on the value contributions of different groups of people. In
Supervisory Supervisory
Committee Committee
The Company is studying and considering incorporating sustainable performance as a component of the performance
appraisal and linking it to the salary.
departments and subsidiaries, and urge departments to integrate the requirements for sustainable development into their
current responsibilities. By establishing the mechani** that links performance appraisal with salary, we associate certain
Ninestar has always adhered to the governance concept of transparency and efficiency. Ninestar has established and improved the ESG indicators with employee rankings and promotions, aiming to stimulate the motivation of all employees.
information disclosure system to ensure that the Board of Directors discloses the Company's major information to shareholders
and the market in a timely, accurate and complete manner, and accepts the external supervision, thereby enhancing the market's
trust in the Company. The Company actively releases information through channels such as the official website and social media 6.1.4 Metrics and targets
and enhances the interaction between investors and the public. During the Reporting Period, the Company took the initiative to
optimize the internal management system to ensure the synchronization with the latest regulatory requirements of the Shenzhen
Stock Exchange. Meanwhile, the Company released key internal management policies on the exchange platform, covering such
aspects as rules of procedure of the Board of Directors and special committees, investor relations management, compensation Targets Progress
systems, and ESG management. The system revision is conducive to the stable operation of the Company, and ensures the
efficiency and standardization of the business process. In the meantime, we have demonstrated our transparent and orderly
management structure and decision-making system to external investors and other stakeholders through proactive information
disclosure, which also reflects our firm pursuit and commitment to excellent governance practices. In 2024, Ninestar issued a total
Enhance information disclosure transparency
of 108 announcements in accordance with the relevant information disclosure requirements of the stock exchange.
Implement comprehensive salary and
The Company has established multi-channel and diversified communication channels for investors. Through various means such
performance management Completed
as telephone communication, performance briefings, investor interaction platforms, and investor investigations, the Company
accepts investors' inquiries and maintains **ooth communication with them. In 2024, the Company openly disclosed five Protect minority shareholders' interests
investigations on investors and over 205 investment agencies engaged in the investigation online and offline. The number of
investors engaging in the investigations reached more than 296. A total of 39 seller agencies were contacted closely in the whole Improve the coverage rate of compliance training
year.
The Company performs the functions of the General Meeting of Shareholders in strict accordance with the relevant legal
requirements and regulations such as the Rules for the Shareholders' Meetings of Listed Companies, Rules of Procedure for
General Meeting of Shareholders and the Articles of Association , standardizes the procedures for convening, holding and voting
of the general meeting of shareholders, to ensure the equal rights of all shareholders, especially minority shareholders, and legal
exercise of rights and interests by all shareholders. During the Reporting Period, the Board of Directors of the Company convened
and held 5 general meetings of shareholders in accordance with regulations. The general meeting of shareholders of the Company
reviewed the proposals listed in the meeting notice successively. The review of proposals complied with the procedures, and the
qualifications of the attendees at the general meeting of shareholders were legal and valid. The Company engaged lawyers to
witness the meeting and issue legal opinions, ensuring the legality of the meeting's convening, holding and voting procedures,
and safeguarding the legal rights and interests of the Company and shareholders.
Investment agencies The number of investors
In 2024, the Company engaged in the engaging in the investigations
openly disclosed investigation reached more than A total of
investigations on the seller agencies were contacted
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
Adhering to the "forward-looking, comprehensive, systematic, flexible, and sustainable" risk management concept, Ninestar has gradually established and improved a comprehensive compliance management system, promoting
Ninestar has formulated a management structure, risk identification process, and countermeasures that meet business compliance management in seven professional fields from three dimensions, and gradually integrating compliance
development and constantly raises its risk management level by defining risk management objectives to guarantee orderly into the business and corporate culture. To ensure the effective operation of the compliance management guarantee
business development in the long term. mechani**, we have formulated a three-year implementation roadmap for compliance management planning, promoting
the deepening and improvement of compliance management in phases and in an orderly manner.
the compliance system framework as planned, laying a solid foundation for the in-depth advancement of compliance
management in the future.
In accordance with the relevant regulations of the China Securities Regulatory Commission and the Shenzhen Stock
Exchange and following the basic principles of risk management and internal control, the Company has established an During the Reporting Period, we held 8 internal training and publicity activities, covering more than 500 person-times.
internal control and management organization system for risks jointly composed of the Audit Committee, Internal Audit Meanwhile, we established a qualification certification program for part-time internal auditors within the Company. To
Department and Legal Affairs Department. The Audit Committee consists of two independent directors with professional date, more than 800 part-time internal auditors within the Company have been certified in the program, which provides
risk management knowledge. The Audit Committee quarterly reviews the relevant internal audit work in the Company and colleagues interested in internal audit with an opportunity for cross-industry learning, enhancing their professionali**
makes a report to the Board of Directors. and future career mobility.
The Company has established and improved the internal control system and a comprehensive risk response and
management system. The core systems include the Compliance Management Program, Risk Investment Management
Policies, Internal Audit Policy, Internal Control Management Policies, and Internal Control Risk Matrix and Risk List . We
advance and implement our risk management strategies by resolving around the risk identification, risk asses**ent, risk
priority ranking, formulation of risk response strategies, risk monitoring and reporting, risk communication and training, The Company conducts business audits annually, including anti-corruption audits, covering all major companies. We
and emergency plan formulation. regularly conduct compliance reviews and formulate a risk-oriented annual internal audit plan taking the Company's
operation and control as the core. The Audit Department conducts audits annually, and specialized internal control
audits on each subsidiary and business within our operational scope. In the future, we will continue to expand the audit
conduct an audit of our annual financial information and issue an audit report, fully ensuring information transparency
and the stakeholders' right to know. Additionally, we engage a professional third-party institution to audit our internal
standard unqualified opinion.
Facing the rising uncertainties in the external environment and the
gradual emergence of emerging risks, comprehensively identifying and
managing risks, including ESG risks, has become an essential question
for an enterprise to achieve high-quality development. The existing risk 6.2.4 Metrics and targets
management strategy of Ninestar covers multiple aspects such as strategy,
operation, finance, law and compliance, and reputation, including risk
considerations in dimensions such as climate change and business ethics.
Targets Progress
To identify and effectively prevent risks, we conduct due diligence on
external suppliers, partners and new projects, including background
investigations, risk asses**ent, formulation of rectification plans, By 2024, conduct comprehensive internal control compliance
and follow-up verification. For internal management, we ensure the Completed
management, build a compliance system framework.
transparency and efficiency of the production process, financial statements
and compliance management through the internal audit mechani**
By 2025, reach the effective operation of compliance management,
and promote the continuous improvement of the management level in
improve the frequency and coverage of compliance audits,
combination with external audits. We insist on a risk-oriented approach,
continuously increase the compliance training coverage rate of
continuously identify the risks in the procurement, sales and other key
employees, and achieve "employee compliance". In progress
links, and improve the internal control specifications. We conduct in-depth
reviews and optimization of business processes, including procurement By 2026, empower our compliant operations and improve
management, supply chain management and contract management audits, corporate compliance image.
to improve the standardization and effectiveness of the internal control.
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
Ninestar upholds the corporate values of "loyalty, truth-seeking, innovation and being win-win", always insists on honest We conduct multiple thematic audits across all business units annually and perform comprehensive audits of all business
operation, abides by business ethics, and firmly eliminates any form of improper interest tran**er. The Company has operations every three years. The annual thematic audits encompass areas such as business ethics and anti-corruption.
comprehensively enhanced the business ethics awareness of its employees through multiple measures such as improving Additionally, the Group utilizes IT management systems to conduct exit audits for high-risk positions within its subsidiaries
internal systems, formulating clear standards, optimizing business processes, and strengthening employee training. in each place where we operate, thereby enforcing integrity audits.
Meanwhile, the Company actively exerts its influence in the industry, conveys business ethics requirements to suppliers
and other stakeholders, and jointly builds an open, transparent, fair, and clean business ecosystem.
During the Reporting Period, we conducted business ethics risk asses**ents, categorizing identified corruption risks and
Ninestar abides by the relevant national laws and regulations, such as the Anti-Monopoly Law of the People's Republic Business ethics risk Risk description Mitigation plan
of China , and the Anti-Unfair Competition Law of the People's Republic of China, as well as relevant provisions including
Regulations on Strengthening the Internal Audit of Enterprises, the BSCI Code of Conduct , and the RBA Code of Conduct,
and has formulated the Integrity Reporting System, Anti-bribery and Anti-corruption Management System and other
management systems, aiming to clarify the ethical standards and management requirements for all employees and Industry- The procurement process involves
suppliers. multiple stakeholders, posing a high risk
specific Establish and refine anti-bribery
of commercial bribery.
risk policies, explicitly prohibiting
commercial bribery and instituting
corresponding disciplinary
Some employees may resort to improper measures.
Employee means to achieve personal gain due
Enhance employee training to raise
conduct to performance pressures or personal
Human Resources Department & awareness of legal and compliance
risk advancement needs.
Audit Department & Audit Committee & obligations.
Office of the Integrity and Self- Integrity and Self-discipline
disciplineCommittee Executive Management
Committee Strengthen internal audits,
Responsible for the implementation Responsible for leading and monitoring and establishing
level level
Some partners may attempt to influence
and execution of business ethics supervising the construction of dedicated compliance departments
company decisions through bribery,
Partner
management measures. an anti-bribery, anti-corruption for oversight.
leading to legal and reputational risks.
risk
and anti-fraud culture within the
Implement reporting mechani**s
Company
to protect and incentivize reporters.
Conduct rigorous compliance
With the continuous improvement of
Regulatory reviews of partners.
laws and regulations, the company must
Ninestar Business Ethics Governance Structure
compliance
risk enhance compliance to mitigate risks.
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
We continuously reinforce the construction of an integrity culture to promote standardized internal management, reduce We have established a comprehensive anonymous reporting mechani**, ensuring efficient handling of corruption cases
corruption and misconduct, and prevent resource waste and legal risks arising from poor management. while safeguarding the confidentiality of reporters' information in accordance with the Integrity Reporting System.
We place great emphasis on anti-corruption efforts, providing integrity training to all employees. During Report handling process Reporting channels
the Reporting Period, the Integrity and Self-discipline Committee organized 14 anti-corruption training
sessions for headquarters and subsidiary personnel at the managerial level and above, as well as for 1 The Human Resources Department records the report
individuals in sensitive positions. These included 13 in-person sessions and 1 online session, with a and informs the Integrity and Self-discipline Committee. Dedicated phone line: 0756-6258192
total participation of over 1,389 individuals and cumulative training hours exceeding 975. The training Dedicated email: lianjiezilv@ggimage.com
Fax: 0756-8539856
Integrity
comprehensively covered fundamental principles of anti-corruption and anti-unfair competition, corporate
training
internal integrity management culture, and whistleblower system requirements. Through case studies 3 If the report is substantiated, rewards are granted to the Physical letterbox: In various locations
and interactive discussions, participants deepened their understanding of anti-corruption from cognitive, reporter in accordance with the reward and punishment within the Company
management regulations. QR code
behavioral, and preventive perspectives. Furthermore, the Integrity and Self-discipline Committee regularly
organized knowledge asses**ents and position risk self-examinations to further enhance the foundational 4 Cases involving illegal activities are tran**erred to judicial
understanding of anti-corruption among key personnel. authorities for processing.
Signing rate for the Employee Integrity
Employee We mandate all employees to adhere to the
and Self-discipline Regulations reached
commitment to Employee Integrity and Self-discipline Regulations, Reporter protection measures Reporting outcomes
integrity achieving a 100% signing rate.
Strictly protect the privacy and legal rights of reporters;
During the Reporting Period, we
We conduct regular integrity training for partners information is used solely for investigation and feedback
Signing rate for the Agreement on received a total of
every year, and require them to sign the Agreement purposes and is not disclosed to third parties.
Business Ethics Adherence reached
Promote
on Business Ethics Adherence. Partners are required Any actions infringing upon the rights of reporters will
integrity across
partners
to formulate business ethics and anti-corruption
policies to ensure honest cooperation. In 2024, the 100% be subject to disciplinary action or legal accountability,
depending on the severity.
integrity-related reports1.
domestic document signing rate reached 100%.
Targets Progress Targets Progress
Promote regular business ethics audits
Improve ethics standards audit and anti-corruption policy Promote integrity across partners and strengthen integrity
audit systems management for stakeholders including suppliers
Refine the decision-making management mechani** based Completed Expand the training scope of business ethics standards for Completed
on business features and advance departments to participate employees
in integrity remediation
Employees comply with Employee Integrity and Self-
Perfect employee appeal and feedback management discipline Regulations with a 100% signing rate
mechani** to listen to their opinions on anti-corruption work
Upon investigation, all four reported cases were found to be unsubstantiated, and therefore no further action was taken.
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
management for suppliers in phases
We and our subsidiaries have established multidimensional supplier classification standards based on the
characteristics of different categories of suppliers, including product/service types and depth of cooperation.
resilience and flexibility of the supply chain.
To establish long-term cooperation and a positive relationship with suppliers for mutual growth and progress, we
prioritized respecting and safeguarding the legitimate rights and interests of our suppliers through fair competition,
reasonable pricing, and prompt payment. We also put forward management requirements for the sustainable
development of our supply chain, conduct regular asses**ents of suppliers' social responsibility management practices Service Suppliers of Production Materials, Equipment Suppliers, Engineering Suppliers, Consulting
to build a sustainable supply chain and mitigate business risks. types Service Providers, Competitor Material Suppliers, and Logistics Suppliers
Potential suppliers, approved suppliers, disqualified suppliers, blacklisted suppliers
Depth of
We adhere to Chinese laws and regulations as well as international supply chain management standards, including but
cooperation
not limited to RBA, BSCI, and SA8000. We continuously improve our Supplier Code of Conduct, Due Diligence Management
Policies for Responsible Mineral Resource Supply Chains, and Supply Chain Sustainable Development Management
Policies to strengthen the management of labor human rights risks and conflict minerals.
By continuously enhancing the supplier classification management system, we have completed the
We prioritized two strategies: "enhancing sustainable development risk management among suppliers" and "emphasizing organization of supplier resources during the Reporting Period, significantly increasing the stability and
suppliers' ESG management responsibilities", to continuously enhance our supply chain management practices. transparency of the supply chain.
Focusing on suppliers' ESG management responsibilities to build a responsible supply chain
We collaborate with suppliers to integrate environmental awareness throughout the supply chain. Regular
comprehensive reviews are conducted on waste management practices and energy utilization efficiency 7.1.3 Actions and practices
related to suppliers, aiming to establish a green value chain system.
On the other hand, Ninestar and its main business sectors continuously monitor suppliers' management
levels concerning social responsibility to create a compliant supply chain. We prohibit suppliers from 7.1.3.1 Optimize whole-process supply chain management
employing child labor, engaging in forced labor, and practicing corruption or fraud. In the onboarding
process for potential suppliers, the scope of our due diligence encompasses the management of hazardous
substances, conflict minerals, and social responsibility. To reduce compliance risks within the supply chain and further enhance efficiency and trustworthiness, Ninestar and its
main business sectors are continuously optimizing the regular supplier asses**ent plan and performance management
mechani**, advancing towards the goal of a green value chain.
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
Supplier ESG Audit and Asses**ent
Ninestar supplier audit in 2024
Based on the Supplier Quality and Performance Asses**ent Report and the Supplier Regular Review Form, Ninestar and
its subsidiaries collaborate with third-party organizations to conduct quarterly/annual ESG audits for Class 1, Class 2 and
Class 3 suppliers on an irregular basis. These audits involve scoring dimensions such as incoming material acceptance
rates, complaint impact, labor management, trade safety, and operational risks through a questionnaire format. Suppliers Total number of engaged suppliers
who do not meet the standards are required to rectify their deficiencies in a timely manner. Details of some scoring criteria
are as follows:
EHS management level
System certification requirements 1,649
Conflict minerals management Raw material quality
Number of Class 1 suppliers assessed �C 493 suppliers of
Number of suppliers assessed major components of products
Number of Class 2 suppliers assessed �C 476 suppliers of
Supply chain labor management
Number of Class 3 suppliers assessed �C 359 suppliers of
Sample timely delivery rate
Trade security compliance 5%
Product timely delivery rate
Timely return and exchange rate
Price and cost
Number of suppliers who failed the asses**ent (online offline)
Asses**ent Weighting Diagram
We assess all suppliers on the Recognized Supplier List according to the above dimensions and weight and classify the
suppliers according to the asses**ent results.
Number of suppliers removed (suppliers)
Class Asses**ent criteria
A
B
≥ 90
C 80 > score ≥ 70
We assess the annual ESG performance of our suppliers through a scoring system, conveying our vision of building a green
value chain. In 2024, we conducted ESG audits for 1,328 suppliers, representing 84.41% of the total number of suppliers,
D 70 > score ≥ 60 with over 80% of procurement costs associated with these suppliers. This included 493 Class 1 suppliers, 476 Class 2
suppliers, and 359 Class 3 suppliers. We awarded the title of "Outstanding Supplier" to the supplier with the highest ESG
E Score ＜ 60 internal audit score and implemented preferential policies for them, including preferential procurement and long-term
collaboration. Additionally, we issued warnings and mandated corrective actions within a specified timeframe for 11
suppliers that did not meet the asses**ent criteria.
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
In 2024, we added 110 new suppliers, with 100% of their domestic suppliers signing the Commitment To Not Use Conflict
Minerals , the Trade Security Compliance Declaration , and the Integrity and Self-Discipline Agreement . Additionally, Class
Case G&G Symposium on the Theme of "Crossing Symbiosis: A Spring of Blooming Flowers"
On December 22, 2024, G&G held a themed symposium aimed at discussing the Company's future strategic Social Responsibility Compliance Declaration . Furthermore, we require these suppliers to possess relevant certifications,
development and product planning, as well as announcing and recognizing outstanding suppliers. At the including ISO 9000 Quality Management System, QC080000 Hazardous Substance Process Management System, ISO 14000
symposium, we introduced our intelligent office products and invited suppliers to experience them, fostering Environmental Management System, and ISO 45001 Occupational Health and Safety Management System.
a collaborative discussion on the future development of printers and ecological products. Based on the 2024
audit results of our suppliers, G&G recognized exceptional partners by awarding the "Pioneer in Crossing
Award" and the "Excellence in Symbiosis Award". We hope to work hand in hand with our partners to promote
the sustainable development of the value chain. Ninestar special ESG audits (2024)
Number of labor Number of conflict Number of supplier training
Group photo of symposium participants Outstanding Partner Award Ceremony management audits minerals audits sessions (online offline)
Supplier Admission Audits
For newly added suppliers, during the Reporting Period, we aimed to further reduce compliance risks and build a green
value chain by relying on the Supplier Management Policies and Supplier Development and Onboarding Management
Regulations . We continuously broaden the scope of topics covered in the admission risk audits for suppliers. We conduct
risk audits on harmful waste management, conflict minerals management, and social responsibility management for
admitted suppliers.
Harmful waste management We recognize the importance of a clean and transparent supply chain in achieving a green value chain; therefore, we insist
that all Class 1, Class 2 and Class 3 suppliers of Ninestar and its subsidiaries sign the Integrity Compliance Terms . These
To establish a green supply chain, we require suppliers engaged in relevant business activities to comply with the REACH
terms require suppliers to have well-developed anti-corruption policies to enhance their management of bribery and
Regulation, the RoHS Directive, and the standards for the attestation of the Chinese environment mark.
corruption risks.
Business ethics During the Reporting Period, Ninestar and its subsidiaries gradually advanced the signing of the Supplier Anti-Bribery/
Anti-Corruption Agreement and began evaluating the feasibility of incorporating Responsible Business Alliance (RBA) rules
In accordance with the Integrity and Self-discipline Agreement , Ninestar and its suppliers are required to sign an agreement reporting into supplier management standards.
on integrity, law-abiding and fair competition.
Additionally, Ninestar conducted 84 training sessions for suppliers focused on the Integrity Compliance Terms , covering
Supply chain labor management various topics, including anti-bribery and anti-corruption throughout the value chain. Our Group has established clear
policies prohibiting its employees from soliciting or accepting cash, physical gifts, or any other form of gifts or benefits
We place great importance on suppliers' actual performance in human rights and require them to comply with the Business from suppliers for any reason. We also strictly require suppliers not to offer gifts, items, securities, or any improper
Social Compliance Initiative (BSCI) Code of Conduct . Suppliers must respect workers' rights to freely organize and participate benefits, whether directly or indirectly, to any employee of our Group, aiming to maintain integrity and compliance in our
in unions, and they are prohibited from discriminating against workers for union activities. Additionally, suppliers should operations.
fully respect workers' rights to collective bargaining. Furthermore, suppliers are required to commit to and implement labor
rights protections, ensuring equal treatment, providing fair compensation, ensuring that working hours comply with legal In 2024, we incorporated supply chain integrity management into the annual ESG audits for suppliers to evaluate
requirements, strictly prohibiting child labor, safeguarding occupational health and safety, and completely banning any form their compliance. This initiative reinforced our commitment to ethical business practices and advances our vision for
of forced labor. transparency with zero commercial ethical risks.
Conflict minerals management
As of December 2024, the signing rate of the Group Anti-Bribery Declaration by suppliers of
During the Reporting Period, we optimized our conflict minerals management standards for suppliers. Conflict minerals were
Ninestar and all its subsidiaries reached
incorporated into the supplier admission evaluation criteria, and all suppliers involved in the production, processing, or use
of metals were sent the Conflict Minerals Survey and required to sign the Commitment To Not Use Conflict Minerals.
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
Considering the significant negative impact risks associated with mining, transportation, trade, processing, and storage
Equity
activities in conflict-affected and high-risk areas, we fully acknowledge these risks and have integrated them into the
comprehensive risk management for the entire lifecycle of the supply chain during the Reporting Period.
Employees are the cornerstone of Ninestar's development. We adhere to a people-centered and diversified employment
Management policies
In accordance with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals , we are continuously enhancing philosophy, committed to providing our employees with a safe, harmonious, and open working environment. We ensure
our Due Diligence Management Policies for Responsible Mineral Resource Supply Chains . This policy encompasses minerals such clear communication channels and continuously enhance our employee care system to comprehensively safeguard
as tungsten, tin, tantalum, gold, nickel, cobalt, manganese, lithium, graphite, mica, copper, aluminum, and others that are utilized employees' legal rights and interests. We also offer competitive compensation and benefits, encouraging employees from
by the Company and its subsidiaries. We have developed a conflict minerals risk management strategy that spans from "cradle" to diverse backgrounds and with varied experiences to fully express their wisdom and creativity. This enriches employees'
"gate". leisure lives and guides them in pursuing a high quality of life, achieving a harmonious balance between work and
personal life.
Furthermore, during the ESG audits and supplier admission phases, we incorporate conflict minerals as a significant topic within
the Supplier Development and Onboarding Management Regulations, Supplier Quality and Performance Asses**ent Report , and
Supplier Regular Review Form . We conduct regular asses**ents of suppliers' risk management levels regarding conflict minerals.
We strictly adhere to the labor laws, regulations, and standards of the regions in which we operate, including the Labor
Results and progress Law of the People's Republic of China, the Civil Code of the People's Republic of China , and the Law on the Protection
In 2024, we conducted training sessions for suppliers on conflict minerals and related sourcing activities. Additionally, we regularly
of Women's Rights and Interests of the People's Republic of China . We continuously improve our labor employment
engage suppliers in Conflict Minerals Reporting Template (CMRT) asses**ents and audits on conflict minerals issues, requiring
review and supervision mechani**s, covering aspects such as new employee recruitment and daily human resource
them to sign the Commitment to Not Use Conflict Minerals in the Supply Chain . As of the end of the Reporting Period, 711
management. Through periodic self-asses**ents and inspections, we aim to minimize potential labor risks.
suppliers had signed the commitment letter, and we had conducted 274 audits related to conflict minerals issues.
We respect the international standards outlined in the UN Guiding Principles on Business and Human Rights, the Universal
Declaration of Human Rights (UDHR), the International Labour Organization's Declaration on Fundamental Principles and
Rights at Work, the Ten Principles of the United Nations Global Compact (UNGC), the Responsible Business Alliance (RBA)
Code of Conduct , and the Business Social Compliance Initiative (BSCI) Code of Conduct , taking actions in line with these
RBA Code of Conduct and BSCI Code of Conduct .
employment, and firmly eliminating issues such as child labor, forced labor, workplace haras**ent, and discrimination.
For specific management regulations, please refer to the Labor Rights Protection Policy on our official website.
Targets Progress 7.2.3 Actions and practices
The plan is for all major business-related Supplier ESG Audits: 1,328
suppliers to sign the Commitment To Not We place a high value on employees' freedom of association and the right to collective bargaining, ensuring that
Use Conflict Minerals in the Supply Chain Number of supplier training sessions: employees have the right to be informed, participate, express their views, and exercise oversight. By actively promoting
by 2025, achieving a signing rate of 100% A total of 84 suppliers participated in employee involvement in the construction of the enterprise, we fully leverage the roles of democratic management,
training throughout the year democratic participation, and democratic supervision by employees. This year, the membership of the Ninestar trade
We will distribute social responsibility- union2 has reached 14,695 individuals.
related surveys to suppliers annually As of 2024, 711 suppliers have signed the
Commitment To Not Use Conflict Minerals We continuously implement diverse channels for employee communication and complaint reporting, actively listening to
We will conduct regular quality the voices of our employees. We have established various reporting channels, including telephone hotlines, suggestion
in the Supply Chain
improvement training for all suppliers on boxes, DingTalk, and email, allowing all employees to submit complaints regarding various issues encountered in their
an annual basis work and life, as well as suggestions for the Company, either anonymously or under their real names. Additionally, we
conduct regular surveys and employee interviews to enhance communication and interaction between employees and
the Company's management, actively seeking employee opinions and feedback. The Human Resources Department at our
headquarters has established a Rationalization Suggestions Office responsible for following up on and addressing various
employee requests and concerns.
This includes only the trade union members of Ninestar within China.
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
Employee complaint process Employee investigation mechani**
Employees have the right to file appeal, lodge complaints, and report violations when they believe their rights are being
infringed. We have established diverse channels for employees to submit complaints across various categories of issues, Internal management research Work environment sati**action survey
with clear responsibilities assigned to the Human Resources Department to promptly follow up on employee complaints
and suggestions. After conducting a thorough investigation into the complaints, the relevant departments will provide We conduct internal
feedback or resolutions in writing or via email within five working days to the reasonable suggestions office. For additional management surveys through
information regarding employee complaints, please refer to our official website's Employee Rationalization Suggestions methods such as Gallup Q12
and Appeal Policy and Employee Performance Appeal Policy. Every quarter, we conduct
employee questionnaires and anonymous work environment
DingTalk platform surveys, sati**action surveys for
Complaint Handling Process covering aspects such as job employees in three dimensions:
sati**action, team atmosphere, workplace, company canteen,
Employees submit their The complaints/reasonable Based on the nature of the issues,
they are classified and referred to learning, and growth. and employee dormitories.
complaints/reasonable suggestions are recorded and
suggestions. verified. the relevant responsible persons
or departments. Based on the feedback and In 2024, we received a total of
analysis of the surveys, the 18,145 anonymous employee
Human Resources Department feedback responses, with
formulates and implements sati**action rates as follows:
Feedback or resolutions are improvement plans to
provided to the employees, and the Complaint/Reasonable enhance employee dedication, Workplace sati**action: 95.92%
Summary and Reporting
effectiveness of the improvement Suggestion Handling
increase team cohesion, and
measures is monitored. Dormitory sati**action: 95.54%
optimize work processes.
We ensure that employees Canteen sati**action: 90.55%
have full rights in corporate
Category Complaint Complaint channel
governance, achieving
democratic management
within the company.
Various aspects,
including workflow Real-name
and efficiency, work complaint
Scan the code by mobile APP We have installed bulletin boards for anonymous reasonable suggestions and anonymous anti-corruption reporting in
environment and safety,
densely populated areas, promoting democratic communication and anti-corruption reporting throughout the Company.
employee welfare
and compensation,
management and
communication, career E-mail: helihua@ggimage.com 7.2.3.2 Employee diversity and inclusion
development and Mailing address: Bulletin board in the underground passage, or 1/
training, as well as Anonymous
F, Building 12 in the employee dormitory, Nanping Science and
complaint Creating a diverse and inclusive work environment and treating all employees fairly are our important goals and
company development Technology Industrial Park, Zhuhai, Guangdong
commitments. We focus on eliminating discriminatory practices in employment and career advancement, and we
and values.
Complaint hotline: 0756-6258327 strive to promote equality and fairness in the workplace. We have established the Relevant Requirements for Fair and
Just Recruitment of the Group to firmly prohibit discriminatory behaviors based on factors such as gender, age, race,
nationality, religious beliefs, and disabilities, ensuring that all candidates are afforded equal rights to employment.
Our Recruitment Website Usage Guidelines also explicitly emphasize the avoidance of any discriminatory language.
Feedback Timeline: Employees who have objections to the
We support workforce diversity by conducting diversified compliance reviews of human resources practices, including
performance asses**ent results may submit their complaints to the
recruitment, compensation and benefits, promotion systems, and attendance management.
Human Resources Department within one month after the completion
of the monthly, quarterly, or annual asses**ent cycle.
Performance We incorporate the concept of diversity into human resource management by developing the Ninestar Employee Diversity
Real-name Feedback method: Contact the Compensation and Performance Group and Rights Protection Policy , and we have included the monitoring of diversity metrics in the performance evaluations
asses**ent
complaint of the Human Resources Department at wenjing.liu01@ggimage. com of senior management within the Human Resources Department. This enables us to create a work environment that
results
to obtain the Performance Asses**ent Complaint Form. genuinely respects diverse opinions and perspectives. Additionally, we actively develop a new talent pool and establish
The Human Resources Department will notify employees of the workforce diversity plans that align with our business development strategy, providing specialized training to broaden
investigation and revised asses**ent results via email within five our talent base. By welcoming talents from various fields, we aim to bring wider perspectives and deeper insights to the
working days. Company. Furthermore, we emphasize the cultivation of a diverse corporate culture by regularly conducting workforce
diversity training for all employees (including full-time and part-time employees) and suppliers.
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
Total number of employees 23,139 By gender
Adhering to the "performance-oriented" compensation concept, Ninestar has formulated the Comprehensive
making the performance of senior management personnel strongly linked to the overall organizational performance and
the core backbone employees of the Company.
In addition, Ninestar has launched the Employee Stock Ownership Plan (ESOP) and the Employee Stock Purchase
Plan (ESPP) this year, benefiting middle-level management personnel and core business backbones, etc. This enables
Retired reemployed employees Interns Full-time female Full-time male employees to share the Company's long-term business development achievements, provides continuous excess returns
employees employees for outstanding partners, and enhances employees' sense of belonging and loyalty.
Employees working under Labor contract
labor dispatched agreements employees
By age By educational qualification
Our salary system adheres to the principle of "unified concept, unified system, and unified
management", implementing integrated salary management across the Company and its
We have established a dynamic
We respect and draw upon market
Employees aged 50 Employees aged Employees holding Employees holding adjustment mechani** for the Five practices and experience from high-
and above 30-49 master's degrees postsecondary non-tertiary comprehensive salary management
principles tech enterprises and have gradually
and above education certifications system to ensure that the salary
achieved market-oriented salary
Employees aged 29 system keeps pace with the market
and below management in combination with
and below Employees holding and the Company's development
actual business conditions.
bachelor's degrees and achieve mutual growth between
the Company and our employees.
By profession By geographical region
Equity Incentivization
ranks based on employee performance, years of promoting the growth of operating results.
service, and work attitude.
Production personnel Technical personnel Employees from Hong Kong, Macao and Taiwan We conduct performance asses**ents for all employees and use key performance indexes (KPIs), key target indexes
(KTIs) and daily work goal attainment as the asses**ent bases. We promptly communicate with and provide feedback to
Sales personnel Financial personnel Overseas employees
employees on the performance, propose improvement directions and measures, and follow up on employee performance
Administrative personnel Employees from the Mainland China enhancements.
We strictly adhere to national and local social security mechani**s. We provide diverse and comprehensive benefits
The statistics on employees of some of our overseas subsidiaries by gender are unavailable due to the restriction of their local laws and regulations. and pay, encompassing all staff. We promise that such benefits and pay will not be affected due to employees' ethnicity,
There are a total of 118 overseas employees whose gender is unknown. race, nationality, geographical region, gender, age, physical conditions, marital status, religious belief or other factors. We
The statistics on employees of some of our overseas subsidiaries by age are unavailable due to the restriction of their local laws and regulations. allocate benefits fairly and impartially to reward the efforts of employees.
There are a total of 135 overseas employees whose age is unknown.
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
We offer a comprehensive benefit protection system for employees as follows: 7.2.3.4 Employee cultural development
To balance employees' work and life and meet their growing spiritual and cultural needs, Ninestar continuously organizes
thematic team-building activities, various cultural and sports activities, and a variety of festival activities, etc., to promote
Women's rights and Ai Xin ( 艾心 ) Fund Our own benefits employee relationships.
interests protection
We provide prenatal checkup leaves,
maternity leaves, breastfeeding
leaves, etc., for female employees in We have established the Ninestar Meal subsidies, shuttle bus
accordance with the law. Moreover, "Ai Xin ( 艾心 )" Fund internally and for commuters, development Spring Festival activities
valuing women's power, we have formulated a legal and compliant training, team dinners,
played the promotional video with the Ninestar "Ai Xin ( 艾心 )" Public association activities, festival
theme of "Women's Power" and held Welfare Fund Management Method gifts, birthday benefits,
themed activities on Women's Day For the Spring Festival of 2024, Ninestar prepared a series of rich and colorful activities for its employees in
to help employees with financial commercial insurances, etc.
to encourage women in their career Zhuhai during the holiday, including free meals at the park cafeterias, giving away Spring Festival couplets,
difficulties.
development and to promote gender
equality in the workplace.
pasting "Fu" characters, having New Year's Eve dinner, watching fireworks, enjoying flowers and going on
an outing, doing handicrafts, and a one-day tour of Chimelong. The aim was to make employees feel the
warmth of home and enhance their sense of belonging and happiness. A total of 600 employees participated
in this event.
Special benefits Guaranteed benefits Protective benefits
Security housing, staff dormitory Social insurances and housing Safety protection consumables,
arrangements, high-temperature provident fund, paid leave, regular health examination,
subsidies, care for retired cadres minimum wage guarantee, occupational health
and summer camp activities for rest and leave, etc. are put examinations of special people,
our employees' children, etc. into practice, and a variety of special allowances, etc.
subsidies are issued as required. Spring Festival Activities
Lantern Festival activities
On the Lantern Festival, February 23, Ninestar Group organized a series of folk activities for its employees,
including eating tangyuan, guessing lantern riddles, making lanterns, and a garden party, to enrich the
employees' spare time and cultural experience.
Monthly Employee Birthday Party
The Company attaches great importance to
employee care and holds a birthday party for
employees every month. Through carefully
decorating the venue, preparing cakes and
**all gifts, and organizing the singing of
birthday songs, we make our employees feel
cared for and respected by the Company,
enhancing their sense of belonging and Scene of an Employee Birthday Party
happiness.
Making Lanterns Garden Party
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
Mid-Autumn Festival Reunion Night Core Stores Outreach Activities
On the evening of September 13, 2024, the 2024 "Innovation Leading, Diversity and Win-win" Mid-Autumn In 2024, Pantum China held the first core stores outreach event with the theme of "Innovation and
Festival Gala of Ninestar Group was succes**ully held simultaneously at the Nanping venue, Pingsha venue Coexistence" in Xiamen. It joined hands with partners from core stores across the country and promoted
and Hefei venue. About 5,500 Ninestar employees spent the festival together at the three venues. This event exchanges among partners and deepened the cooperative relationship by visiting scenic spots such as
was held in two ways: online live streaming and offline interaction. The number of online viewers of the Gulangyu Island and Jimei School Village.
evening party reached up to 52,000, jointly creating a warm and meaningful moment.
Scene of the Mid-Autumn Festival Gala
Core Stores Outreach Activities of Pantum China
Children's Day activities
On June 1, 2024, the Company invited the children of its employees to the Youth Home in Nanping Science Hike towards the Mountains and Dialogue with the Sea
and Technology Park to participate in the Children's Day activities. The activities included various forms
such as toy exchange, fun quizzes, joyful games, and DIY handicrafts, providing the children with a rich
festival experience. On December 14, 2024, Ninestar Group held its 9th hiking event, with a total of 450 employees participating
in the event. The hiking route this time is Jing Shan Road, with a total length of 8.4 kilometers. During
the hiking process, the employees experienced the mountains, rivers and sea views, enhanced team
relationships, and demonstrated an energetic and positive spirit.
Scene of the Children's Day Activities on June 1 The 9th "Hike towards the Mountains and Dialogue with the Sea" Hiking Event
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
Care for female employees
Ninestar attaches great importance to the care activities for female employees and has established special rooms for
mothers that are equipped with multi-functional areas such as nursing areas and public rest areas. Ninestar also provides
sofas, folding nap beds, breastfeeding consumables, and mother and baby bookshelves for working mothers. Through 7.3.1 Concept
these measures, we have created a service base that is heartwarming, full of warmth and showcases our image, enhancing
the physical and mental health of female employees and comprehensively safeguarding them. One of Ninestar's important strategies is supporting the all-around development of employees. To this end, we offer our
employees multiple career development channels, enabling them to fully utilize their strengths and abilities. Meanwhile,
we offer abundant learning resources and establish a diversified training system to help employees better explore their
potential. We help each employee achieve personal growth and career development by providing resource support for
their skills learning and comprehensive quality development.
By formulating administrative provisions on training such as the Training Management System , the Administrative
Provisions on the Internal Lecturers , the Administrative Provisions on the Pre-service Training of Employees , and
the In-service Degree Education Management System , and building a dual-line talent training system empowered
by management capabilities and professional capabilities, Ninestar creates a scientific talent echelon construction
Advocate Sports Culture mechani** for employees. Meanwhile, we provide our employees with free-to-access channels of career development
and promotion mechani**s and support their continuous progress and career development.
Ninestar has established seven interest associations, including the Dance Association, Badminton Association, Football
Association, Music Association, Board Game Association, Business Etiquette Association, and Yoga Association. There
are badminton courts, basketball courts, tables for table tennis and billiards, dance rooms, yoga rooms, etc., in the 7.3.3 Actions and practices
Nanping Park and Pingsha Park for sports activities. Various interest groups regularly organize exchange competitions
and participate in competitive events on behalf of the Company, enriching employees' leisure activities and enhance the Employees are the most valuable resource and wealth for Ninestar's continuous development. Through clear strategic
centripetal force and cohesion of the Company. planning and resource allocation, we provide our employees with all-around support and development opportunities. By
establishing the Innovation Contribution Award, we continuously recognize teams that have performed outstandingly in
technological breakthroughs and economic benefit creation, inspiring employees to pursue excellence and be courageous
in innovation. We uphold the values of "loyalty, pragmati**, innovation and being win-win", constantly optimize the talent
development mechani**, foster an open and inclusive corporate culture, and promote the common growth of employees
and the enterprise.
Ninestar attaches great importance to the attraction and reserve of talents. It annually formulates a talent demand
plan based on the Company's strategic development needs and has formulated the Strategy for Building a Diverse
Talent Pipeline . It continuously attracts talent through a combination of internal (such as employee recommendations)
and external (such as campus recruitment, recruitment software, headhunting companies, etc.) channels to build the
Ninestar encourages the participation of young forces and continuously conducts campus
Targets Progress
recruitment for global fresh graduates under the theme of "Focusing reshapes the Future,
Printing Connects the World". It is open to the public for over 100 positions covering various
sections such as marketing, technology, functions, and operations. Through regularly carrying
Campus out talent reserve programs such as the management trainee reserve program and formulating
Promote workplace diversity and inclusion, Created a diverse and equal workplace
recruitment special training plans for fresh graduates, we supplement young forces for the Company's
strengthen employee rights and interests culture; the number of female management technological innovation and business development. At present, 15% of the Company's
protection personnel increased to 127 employees5 above the manager level are selected through campus recruitment. The demand
for campus recruitment remains stable at around 180 people each year, accounting for 15% of
the annual talent recruitment plan, while the remaining 85% comes from social recruitment.
The details of campus recruitment of some of our overseas subsidiaries are unavailable due to the restriction of their local laws and regulations.
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
In order to make employees more enthusiastic about internal referrals, Ninestar has formulated Geehy Semiconductor - Wuhan University MCU Joint Laboratory established
the Incentive Plan for Internal Referrals by Employees to establish a scientific and reasonable
internal recruitment incentive mechani**. We have also set up a special internal referral
On June 11, the Geehy Semiconductor - Wuhan University MCU Joint Laboratory, jointly established by
Internal award to encourage current employees to recommend suitable candidates. And by establishing
Geehy Microelectronics and Wuhan University, was officially inaugurated, marking the implementation
referrals a clear internal recommendation platform, we ensure the accuracy and effectiveness of the
of the Geehy University Plan in Wuhan. This collaboration is based on the Ministry of Education's
internal referral information. In 2024, the proportion of employees who entered the Company
Industry-University Cooperation and Collaborative Education Project, focusing on the field of micro
through internal referrals exceeded 15%.
control units (MCU). It aims to promote the innovative application of domestic chips in cutting-edge
fields such as intelligent unmanned systems, tower base remote sensing systems, and **art agricultural
sensor network systems. Meanwhile, the two sides also unveiled the "Geehy - Wuhan University
Employment, Internship and Practice Base", providing students with practical and employment
Ninestar offers pre-job training and practical project experience to fresh interns, helping them opportunities, contributing to the reform of engineering education in universities, and cultivating
gain a deeper understanding of Ninestar's business and development. In 2024, Ninestar actively innovative talents.
responded to the government's policy of promoting the construction of a high-level talent
highland in the Guangdong-Hong Kong-Macao Greater Bay Area. In the 2024 Summer Practice
Program for outstanding young talents from globally renowned universities jointly organized
Intern
by the government and enterprises, it voluntarily offered multiple internship opportunities. We
program
极海半导体 - 武汉大学 MCU 联合实验室揭牌现场
have recruited doctoral and master's interns from prestigious universities in the UK, the US,
Hong Kong and Macao. Through forms such as park tours, production line visits, and practical
reports on actual research projects, we provide valuable on-the-job learning experiences.
Ninestar continuously promotes the International Student Recruitment project , mainly
targeting international students from developing countries in China and foreign personnel to
work in their homelands. The project provides internship opportunities for foreign students in Inauguration Scene of Geehy Semiconductor - Wuhan University MCU Joint Laboratory
China. Trainees who perform outstandingly during the intensive internship at the headquarters
International
Student
Recruitment can become regular employees of Ninestar headquarters or in their homelands after
project asses**ent. We have concluded agreements with multiple universities on cooperation on a
practice basis for the Sailor Recruitment Project. In 2024, we recruited a total of 8 international
Discipline co-building
students in China. One of our focuses has been placed on providing overall solutions for the co-building of the discipline of 3D printing
to interested secondary vocational and technical schools as a support for the implementation of relevant professional
education standards and relevant talent training plans. We not only provide course resources and professional equipment
but also send experts to participate in course development, optimization, and iteration for disciplines co-built by
universities and us and create featured practical training courses on 3D printing.
We attach great importance to the specialized knowledge and comprehensive quality of students from our partner
Ninestar actively promotes industry-university-research cooperation and jointly builds a differentiated school-enterprise schools, which is why we provide bonuses for skill contests and other relevant events and send backbone technicians to
cooperation mechani** with higher education institutions. It has made rich attempts in areas such as off-campus practice offer guidance. We will give internship offers and full-time offers in advance to students with excellent performance in
bases, joint construction of professional topics, and school-enterprise joint training. these activities. In addition, we have carried out a modern apprentice training program by regularly sending lecturers to
provide professional and vocational planning and guidance services.
Enterprise Visit and Position Expansion The 7th China Postgraduate IC Innovation Competition
The Company has joined hands with universities to carry out the "Enterprise Visit and Position Expansion" practical In 2024, Geehy Microelectronics provided full support for the 7th China Postgraduate IC Innovation
activities, building an interactive platform between schools and the enterprise to promote the collision and exchange of Competition. By focusing on industry hotspots such as ADC design and low-power Bluetooth (BLE)
technological development, business philosophy, personnel philosophy and employment philosophy between them. technology, it released corporate topics for the competition, inviting teachers and students from various
In 2024, we carried out over 50 practical activities in universities across the country, including Jinan University, Beijing universities to broaden their thinking, exchange and innovate, and jointly promote the development of
Normal University, Northwest University, and Jiangsu University, covering more than 1,000 people. China's integrated circuit industry.
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
Talent development forum
Ninestar provides diverse learning pathways and resources to staff and provides continuous support to new staff,
professionals and managers to upgrade their individual professional skills. We provide a wealth of in-house training
In 2024, the Ninestar University organized a talent development forum under the theme "Upgrading and
programs and work with third parties, such as outside academic institutions, to provide external learning opportunities for
Creating", which introduced the newly upgraded Ninestar University Lecturer Development Platform,
staff, help them enrich their expertise, broaden their horizons and make progress with the Company.
recognized Outstanding Lecturers of the Year, recruited new and promoted in-house trainers, re-engaged
cumulative class hours for in-house trainers reached 3,070.7 throughout the year. Also, the forum invited
Internal training internal and external experts to share insights on four topics, namely supply chain AI, team building,
valuable experience distillation, and thinking enhancement.
For talent development and talent pooling, we continuously optimize Ninestar University's system to provide
comprehensive and diverse training programs for our employees (including employees of our subsidiaries) and create
hierarchical training modes.
Program Name Program Description Built-in Programs
Navigation Cadre classes offer practice-integrated General manager Advanced manager
leadership courses that are designed to improve the classes classes
management abilities of members of our Director classes Supervisor classes
training
management at the level of supervisors or Manager classes Advanced supervisor
programs
above.
classes
To be oriented towards addressing
professional bottlenecks, the training R&D training camps Quality management The 36th G&G University
camps are applicable to multiple business Supply chain training camps
Professional lines, including the supply chain, project empowerment forum Lecturer training
training camp management, and R&D, with an orientation In August 2024, the G&G University succes**ully organized the 36th "Sales Multiplier 2.0 �C Business
Project management camps
series towards eliminating professional Operator" intensive training. The course focused on the business management and sales multiplier
training camps HR elite training
bottlenecks. In the name of these training strategy, using diverse teaching models such as theoretical narratives, case analysis, team discussions and
Lean production camps
camps, activities for the Action-based operational simulations to help participants to combine theoretical knowledge and practice and achieve
training camps Legal training camps
Learning and Improvement Week are carried upgrading of both knowledge and skills. This demonstrates the importance Ninestar attaches to talent
out to help talent learn from practice. training and lays a solid foundation for its sustainable development.
We provide targeted skill training for
employees in core positions, such as Training for obtaining electrician certificates
Training for cartridge maintenance, replenishment Training in automation
technical procedures, the refilling process, training
Training for lean production
professionals in automated operation for cartridge
Self-evaluation of occupational skill levels
workshops, and operation procedures for
positions at risk in die-making shops and
injection molding workshops.
Ninestar Classes (including 27 offline
courses, a 2-week workshop internship with
New employee mentorship from experienced professionals)
Onboarding training Training for employees recruited via social
training
recruitment (publicity of our corporate
culture, our regulations and policies, and the Participants take notes carefully and take an active part There's a good atmosphere in the classroom
knowledge of our systems and positions)
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
External training
Intensive training camp for MPS print solutions
Ninestar enters into cooperation with credit-worthy educational institutions as necessary every year, as well as regularly
provides external training and invites lecturers to provide training. By offering courses such as the Activity Themes of
From September 10 to 14, 2024, the Symbiotic Innovation Community of the G&G organized an intensive Problem-solving QCCs , the Activity Themes of Innovative Subject QCCs , Six Sigma in Project Management , the Whole-
training camp for the MPS print solution in Zhuhai, in conjunction with Guangdong Xunwei. As the first joint process Management of Accounts Receivable , and Condensed EMBA Training, we provide our employees with rich and
training of the Symbiotic Innovation Community of the G&G, this camp focused on the MPS business model, useful resources of training for obtaining a higher education degree and improving general and professional skills. This
which should be one-stop MPS print solutions offering customized hardware, management platform, print- year, conducted 11 training courses with external lecturers, covering topics such as leadership, quality management, and
based payment services, etc. Through practical exercises and interactive exchanges, participants mastered crisis communication. Additionally, 22 external training courses were provided to employees.
MPS applications in marketing and management, giving impetus to innovative development of print
management services.
Ninestar supports and encourages employees to continuously enhance their professional skills through various means,
including participating in on-the-job education programs at professional colleges, pursuing higher education degrees, and
obtaining external qualification certifications. The Company has established an In-service Degree Education Management
System that provides reimbursement and rewards to all regular employees who obtain professional qualifications or
higher education degrees, ensuring that our work in supporting on-the-job education has a positive effect. During the
Reporting Period, we granted 155 employees RMB 234,000 as awards for obtaining a higher education degree, completing
professional qualification certifications, 37 bachelor's degree upgrades, 28 associate degree upgrades, and 1 master's
degree.
To support staff in achieving their personal career goals, Ninestar has formulated the Position Management System , the
Cadre Management System , and the Management Mechani** for the Development of Cadre Positions , and designed a
Intensive training camp for MPS print solutions
fair and transparent career development system which defines clear promotion channels (professional and managerial)
and talent capability models so that employees can choose a channel better suited for their development in line with their
personal interests and expertise.
New graduate training plan
Ninestar implemented the annual training plan for university students who graduated in 2024, recruited via campus
recruitment - the Ninestar Classes, which was designed to help students adapt quickly to the workplace environment,
involving 54 new graduates. This year's training was divided into two phases: "intensive training" and "advanced training".
Intensive training helped students build professional awareness and included activities such as book sharing sessions, Promotion channel for
debates, and team-building exercises to cultivate teamwork skills. Advanced training consisted of monthly online live Promotion channel for professional personnel
courses designed to address skill-related challenges faced by new graduates during their initial onboarding period. managerial personnel
Based on the system for position
Moreover, we have established a mentor policy for recruited new graduates, designating 30 business cadres as mentors Subject to conditions such as qualification, employees who
for newcomers to guide them through the probation period. We require mentors to formulate mentoring schedules at results of annual performance qualify for assuming their positions
appraisals, training attendance, due to the fulfillment of relevant
the beginning of each stage and report the mentoring performance at the end of each stage, while the Human Resources
personal insights into cadre requirements for knowledge, skills,
Department needs to provide support for the tracking of the mentoring process, select model mentors for each stage
competence and experience, work results, and other criteria
according to the results of the mentoring performance appraisal, and select outstanding mentors at the end of the
reading notes, defense may be promoted.
probation period, as well as grant them incentives, to ensure the high quality of mentors.
reporting, etc.
To ensure equal and diverse promotion appraisals, we examine and select candidates by comprehensively taking multiple
factors into account rather than according to the results of a single performance appraisal. We give preference for
promotion to employees who have both good capabilities and performance, and we adopt a hierarchical system for extra
benefits and incentives for talent. Meanwhile, to ensure fair promotion interviews, the interviewers should strictly follow
the principle of restrictions to prevent nepoti**, cliques formed to pursue personal interests, etc.
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
In terms of automotive chip products, our diverse categories, such as compatible microcontroller units (MCU), ultrasonic
including but not limited to the ISO 26262 Functional Safety Management System Certification, EU Electromagnetic
Compatibility (CE-EMC) Certification, RoHS Compliance, and REACH chemical regulation testing. Additionally, the products
products, demonstrating our industry-leading product safety and reliability in automotive electronics.
Ninestar upholds the principle of the primacy of product responsibility as it knows that high-quality products are the
In terms of compatible consumables, our products have passed several international certifications, including Nordic
cornerstone of corporate reputation in the manufacturing industry. Therefore, we are constantly pursuing excellence
Environmental Label Certification and IECQ Certification, recognizing our outstanding performance in meeting quality and
and continuously improving product quality management systems to ensure that each product is designed to meet high
environmental standards. In addition, our subsidiary, Ninestar Information Technology, won the Laboratory Accreditation
standards of safety and quality requirements throughout design, production, and sales. In addition, we are committed to
Certificate from the China National Accreditation Service for Conformity Asses**ent (CNAS), fully demonstrating our
enhancing user experience through enhanced research and development and innovation, and to providing clients with
professional competence and high-standard requirements regarding our quality control system.
more intellectually responsible products. Control over the safety and quality of products throughout their life cycle is part
of our commitment to sustainable development and our unwavering dedication to user health and safety.
During the Reporting Period, Ninestar and its subsidiaries comprehensively improved the quality of their products and
Ninestar adhered to the Product Quality Law of the People's Republic of China , and Quality Management Systems -
services around internal systems such as the Quality Risk Asses**ent Process, from the organizational framework, staff
Requirements - GB/T19001-2016 Application Guidelines , and developed the Quality, Environment, Occupational Health
quality awareness, quality tools, etc.
and Safety Management Handbook and Total Quality Management System based on these standards. Furthermore, each
subsidiary has refined these guidelines based on their specific business and product requirements, establishing Lean
Quality Management departments to implement internal quality management systems such as the Product Inspection
and Control Procedures and the Mass Production Quality Management Procedures . This ensures comprehensive quality
control throughout the entire product lifecycle, from trial production and inspection to mass production, sales, and after- Organizational restructuring
sales service - from "cradle to grave" - guaranteeing product consistency and reliability. During the Reporting Period, The Ninestar subsidiaries, under the Department of Quality Management, have added a user experience group
Ninestar subsidiaries established user experience teams to incorporate customer feedback into new product development designed to accurately identify and di**antle user feedback and incorporate it into new product development
and design, creating a positive feedback loop. and design. We simulate application scenarios of customers and continuously grind our products to meet the
quality needs of all types of customers.
Our product responsibility management strategy centers on risk management, policy building, and objective setting and
highlights process control, regular compliance inspections, and quality spot checks to implement product responsibility
management on all fronts and protect consumers' rights and interests.
Quality awareness of staff
We were actively engaged in training in product quality, procurement quality, and service quality, covering the
manufacturing, procurement, and after-sales departments.
All our major subsidiaries have gained the ISO 9001 quality management system certificate to ensure standardized
and systematic quality control of products. In addition, the products of some of our subsidiaries have passed several
international security certifications, such as the EU CE Certification, EMC Certification, China Environmental Labeling
Certification, UKCA Certification, EU RoHS Certification and Nordic Environmental Label Certification, fully sati**ying
the laws and regulations on products and services. Our laser printer products have passed product certifications
related to electrical safety, electromagnetic compatibility (EMC), and energy efficiency in 42 countries and regions, fully
demonstrating the high reliability and safety of our products in the global market, as well as our capabilities to adapt our
products to diverse international standards and regulations.
CITC certification SMARK certification NBTC certification
Product certifications Quality training for staff
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
In 2024, Ninestar conducted a company-wide Quality Month campaign. Within our quality management system, we actively Through scientific selection and customized development programs, we fully unleash the innovative potential and
encouraged employees to develop a sense of personal responsibility for quality, shifting their attitudes from passive enthusia** of our employees, continuously driving technological innovation within the Company.
compliance to proactive ownership. We promoted a "Do It Right First Time" quality culture through various activities,
including quality awareness training, quality control standards education, and the sharing of quality improvement case Furthermore, regarding students, Geehy Microelectronics, guided by policies such as the Technical Committee
studies. These activities effectively stimulated employee initiative and active participation, comprehensively improved Management System , the Technical Expert Management System , the Government Talent Application and Subsidy
product quality and work efficiency, and continuously enhanced quality awareness across the workforce. Furthermore, we Management System , and the University Student Mentor Management System , has launched over 100 joint university-
implemented new quality tools, CPK and FMEA, as implementation standards to meet increasing regulatory and market enterprise projects and hosted a chip design competition. These initiatives are dedicated to cultivating a new generation
demands for product quality, ensuring consistent product quality. of talent (new chip force) for the development of the national integrated circuit industry.
The Ninestar Group places R&D and innovation at the heart of its development philosophy. Since its inception, Ninestar
has been working on in-depth research and innovation in products and services. Our R&D team has worked tirelessly
to integrate innovative technologies into products with the aim of providing a more efficient and convenient printing
experience. From our initial single product offering to our current comprehensive product line, our technological
innovations span diverse areas, including test paper refurbishment, remote WeChat printing, and energy-saving and
consumption reduction, consistently meeting user needs and enhancing user experience. We are committed to delivering
high-quality, reliable products through trusted technology, providing users with more efficient, convenient, and
economical printing solutions.
Geehy chip design competition
Innovative talent development
Technological innovation and innovation strategy planning
Ninestar aims to collaborate with talented individuals who share our vision. Therefore, we prioritize the selection,
development, and appointment of innovative talent: Ninestar recognizes that technological innovation is the core driving force of enterprise development and consistently
prioritizes research and development, and application of cutting-edge technologies as a key strategic objective. In 2024,
with the goal of "promoting the integrated development of China's independent printer industry chain", Ninestar achieved
During the Reporting Period, Ninestar built a rigorous talent selection and development system, the following innovative breakthroughs:
clarifying the criteria for identifying innovative talent and establishing specific, quantifiable selection
criteria. Through external recruitment and internal development programs, we continually infused
Selection
Case Pantum released its A3 laser copier, furthering the evolution of the printing industry
our R&D team with fresh talent.
In May 2024, Pantum held the "New Breakthrough in Chinese Printing-Pantum Strategy Conference and
Launch Ceremony for China's First Fully Independent A3" at the Yanqi Lake International Convention &
Exhibition Center in Beijing. At the conference, Pantum officially launched China's first fully independently
Ninestar emphasizes cultivating innovative thinking and practical skills. By providing customized developed A3 laser copier, a product of several years of research and development. This device boasts core
development plans, we ensure that each employee has a personalized growth trajectory. We also components with completely independent intellectual property rights, including the printer engine, the SoC
offer training related to product branding and technical modules, increasing the precision and
Development
main control chip, and the LSU laser scanning unit. According to IDC data, Pantum's newly launched A3 series
efficiency of talent development while respecting individual employee growth paths. products occupy mainstream speed segments in the market, covering 75% market share. Their performance
parameters are among the best in their class, providing government and enterprise users with efficient,
intelligent, stable, and economical printing solutions.
Ninestar attaches great importance to the cultivation of research and development talent. Ninestar
places a high priority on cultivating R&D talent. During the Reporting Period, we established over 20
active and effective incentive programs, encompassing the R&D Technology Innovation Incentive
Plan , the Group - Patent Technology Innovation Incentive Method , the Project Incentive Management
Incentives Measures , and the Proposal Reward System , among others. These programs utilize both material and
non-material incentives to stimulate innovation within research teams and individuals. Furthermore,
Pantum established the R&D Reserve Fund System , stipulating that an R&D reserve fund be accrued
annually at a rate of 3% to 6% of sales revenue. The finance center submits monthly accruals to the
General Manager for approval based on R&D needs and the Company's operating conditions.
A3 monochrome multifunction printer Pantum strategy conference
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
Case Geehy Launched G32A1465 series automotive compatible MCUs, driving the next level of intelligent driving Deeply committed to innovation, Geehy Microelectronics has established an intellectual property (IP)
incentive policy based on the Personal Growth Point Management Regulations and the Intellectual
Property Incentive Measures , providing incentives to patent holders involved in over 100 joint university-
In July 2024, Geehy announced the official launch of its new enterprise projects. Zhuhai National Resources & Jingjie Printing Technology Co. Ltd., a Ninestar
Intellectual
subsidiary, offers tiered bonus incentives for patent applications and technical contributions, and
property
G32A1465 series of automotive compatible MCUs, designed to
conducts promotional activities to foster an innovative mindset. Through cultural promotion and incentive
incentive
meet the growing demands of intelligent driving applications.
Built for increasingly computationally intensive applications, the policies, we significantly stimulate the team's enthusia** for innovation and enhance overall innovative
G32A1465 series integrates a rich set of communication interfaces capabilities.
and analog peripherals to simplify system design, enabling rapid
improvements in real-time control processing performance,
safety, and reliability for customer applications. These MCUs
operate efficiently and reliably across a wide temperature range of
-40° C to 125° C, with a maximum operating frequency of 112MHz
Geehy University Program
at 1.25 DMIPS/MHz. Furthermore, the G32A1465 series offers three Dedicated to cultivating a new generation of talent (new chip force) for the
scalable operating modes - low-power run, fast run, and stop - development of the national integrated circuit industry
making them suitable for a variety of automotive applications,
including BMUs, BCMs, charging stations, **art cockpits, seat
G32A1465 series automotive compatible MCUs
controllers, HVAC systems, T-BOXes, and automotive lighting.
Simultaneously, we actively explore the integration of industry, academia, and research. During the Reporting Period,
Ninestar's subsidiary Geehy collaborated with over 20 universities through various initiatives, including joint research
projects, design competitions, technical forums, and the establishment of a developer community. These efforts aim to Year launched Partner universities Joint university-enterprise projects Academic research patents
attract talent and enhance the development capabilities of our internal R&D teams. We also leverage regular participation
in international exhibitions to identify customer needs and improve our customized design capabilities.
Geehy University Program - Intellectual Property Incentives
Ninestar Group considers customer feedback a crucial driver of its progress. We regularly conduct customer sati**action surveys,
valuing and carefully considering each user's opinion to optimize our products and services and ensure they meet customer needs
and expectations. In 2024, we conducted customer sati**action surveys through various channels, including online questionnaires
with incentives, to gather extensive user feedback. We are committed to continuously improving the quality of our products and
services to reward our customers' trust and loyalty.
Geehy developer community Geehy in an international exhibition
In 2024, Geehy refined its after-sales service system with the
Customer Technical Support Management Process , clarifying the
and other personnel involved in handling customer complaints. This
Ninestar Group places a high priority on intellectual property (IP) protection. We have implemented a comprehensive IP process also establishes clear criteria for determining the validity
risk management strategy to address potential risks related to patents, copyrights, and trademarks. IP risk asses**ent is of quality complaints and defines procedures for addressing issues
integrated into the workflows of all business departments and modules, and a dedicated department is responsible for without immediate solutions. Customer sati**action with after-sales
document review for key projects. By conducting risk asses**ents and identification at each stage of the product lifecycle, service was assessed through questionnaires covering six dimensions,
we develop effective risk mitigation plans and generate asses**ent reports to ensure effective prevention and control of including the comprehensiveness of service and the timeliness
IP risks. of responses to complaints. Seven customers were surveyed,
resulting in a 100% sati**action rate. A broader survey revealed
that 95.2% of Geehy's customers rated their sati**action as either
"very sati**ied" or "sati**ied" for the year, with only 4.8% expressing
We conducted systematic training for management and employees on IP protection. R&D personnel "moderate" sati**action, indicating high overall customer sati**action.
received education on risk prevention, while management personnel were briefed on copyright, patent, Furthermore, we conducted follow-up surveys with all customers who Five-Star After-Sales Service Certification
trademark, and advertising laws. During the Reporting Period, Ninestar established an online learning expressed "moderate" sati**action or dissati**action.
IP training
platform for employees to cultivate IP awareness and protection capabilities.
Furthermore, G&G received the first nationally approved, and
industry-wide certification awarded by the Ministry of Commerce
"Five-Star After-Sales Service Certification".
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
Case Service express reaches 100 cities in 10 provinces 7.5 Privacy and Information Security
On June 28, 2024, G&G officially launched its "Service Express Reaches 100 Cities in 10 Provinces" campaign, 7.5.1 Concept
with the first stop in Zhuhai. G&G's team of technical service engineers provided comprehensive inspections
and maintenance for nearly one hundred printing devices at local hospitals and community health service
centers. They addressed user issues related to printing equipment and consumables, offering professional Ninestar is committed to the responsible use and security of personal information and other data, integrating privacy
advice and guidance. The team patiently listened to customer feedback, provided on-site demonstrations and protection and security-by-design principles into our products and services. We leverage technological safeguards,
operational explanations to help users optimize their equipment usage. establish robust governance frameworks, and drive continuous improvement to build a comprehensive, dynamic, and
sustainable information security system for the Company.
Ninestar strictly complies with relevant laws and regulations, including the Data Security Law of the People's Republic
of China and the Cybersecurity Law of the People's Republic of China . We have developed and implemented a series of
policies and guidelines, including the Personal Information Protection Management Measures , the Personal Information
Protection Compliance Guidelines , the Confidentiality Management System , the Emergency Management Regulations of
the Information Management Department , and the GDPR Compliance Guidelines. These documents define management
standards for each stage of information processing and comprehensively implement safeguards for information security
and privacy protection.
Ninestar adheres to the principle of "data minimization" and strictly restricts data access levels. We conduct regular
security audits and risk asses**ents. Quarterly, we engage professional third parties to perform IT audits of key
Scene of the "Service Express Up Close" event departments, and annually, we conduct company-wide internal audits. To address potential information security risks, we
have established an emergency response mechani**. By simulating various information security incident scenarios, we
further enhance the Company's information security emergency response capabilities.
Ninestar has established a dedicated Information Security Management Committee, composed of professionals in the
Targets Progress field of information security. The Committee is responsible for coordinating the development of information security
management systems for all of the Group's subsidiaries, ensuring the effective protection of the Company's information
assets and the orderly implementation of information security initiatives, fostering a secure and reliable information
We carried out the Quality Month activity to promote the environment.
quality culture of "Do It Right The First Time"
We continuously implemented, maintained, and improved the Company's information security management system.
Zero products were recalled for safety or health reasons Several Ninestar subsidiaries have obtained Level 3 Information Security Classified Protection Certification and ISO 27001
Continue to lower the
during the Reporting Period Information Security Management System Certification. To ensure continued compliance with security standards, we also
product rework rate
engage external organizations to conduct annual ISO 27001 audits of major subsidiaries every year. This year, Pantum
Make service system Our major products of the three principal business sectors updated its ISO 27001:2022 certificate, providing strong support for the Company's information security.
management more mature passed a number of international security certifications
Improve user experience An annual customer sati**action survey was conducted
Intensify IP protection During the Reporting Period, we conducted multiple IP
training sessions with over 1,485 participants, and we
filed 1,013 patent applications and were granted 820
patents globally. As of the end of the Reporting Period, we
held 6,234 patents and 8,102 intellectual property rights,
covering products, technologies, and services.
ISO 27001:2022 Level 3 Information Security Classified Protection Certification
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
Ninestar enhances network security awareness among all employees through various training and publicity activities,
We are committed to building a comprehensive, multi-layered information security system. To enhance overall
including email phishing exercises, information security knowledge competitions, and daily information security
information security, we employ a range of integrated measures, including physical access control, application system
reminders. We provide specialized information security training and asses**ents for new employees. We also engage
access control, and network security enhancements. These measures effectively prevent and mitigate various information
external professional organizations to conduct regular thematic training sessions for employees across various
security threats, providing robust security for the Company's business operations and customer data.
departments. We use online channels to disseminate information on information security laws and regulations,
cybersecurity basics, information classification and confidentiality, and internal communication guidelines, reinforcing
the importance of information security and privacy protection among all employees.
Physical access control Application system access
This year
We have established a monitoring system. Through We have deployed WAF. We have required encrypted
monitoring, we implement supervision and traceability tran**ission of sensitive information and mask sensitive
for the areas with different security levels, such as office information content based on different business scenarios.
areas and workshops. We have also developed zoned and We have activated relevant access permissions to We conducted a total of There were
hierarchical management and control for personnel, set application systems by making an application and review
up different access control areas for different personnel,
containing access control systems, metal detection doors
according to the responsibilities and office demands of staff.
Subject to the permissions, administrators access systems
and illegal entry alarms, etc. through the fortress computer, and external users access
our internal network remotely through VPN and VDI, thus
minimizing user permissions.
Network security
enhancement
Security hardening 7.5.4 Metrics and targets
We have built a company-wide security domain, We have launched a system vulnerability scanning platform
implemented three-network isolation, and assigned to enhance our vulnerability detection and verification Targets Progress
network access permissions based on responsibilities. We capabilities and strengthen our ability to mitigate risks. We
have adopted dual redundant links to prevent potential are also optimizing our patching platform and anti-virus
external attacks. We have also established a threat detection platform, facilitating timely communication of patch update
system, simulating vulnerabilities to attract attackers and requirements between departments, and ensuring effective Three-year objective: Perform refined security
collect information for proactive defense. Additionally, we vulnerability remediation, thereby comprehensively management of the Group, intensify software
utilize situational awareness and early warning platforms to enhancing system security and stability. and network security management, and carry
monitor abnormal conditions and provide timely alerts.
out audits of databases and codes
Five-year objective: Realize data grading and
Simulated attack and
classification, continue to improve the "three Special audits were conducted
defense drills
center in two cities" architecture, and upgrade annually with the target achieved.
the hybrid cloud architecture deployment
We engaged an information security vendor to conduct
simulated attack and defense drills. This allowed us to In the following three to five years: Expand
evaluate the effectiveness of the Group's information cloud and AI security control from the aspects
security infrastructure from a third-party perspective and to of network security, application security, system
promptly address any vulnerabilities identified.
security, terminal security and physical security,
in order to support and facilitate our business
development
During the Reporting Period, Ninestar
experienced no legal or litigation
events related to information security or
privacy protection.
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
We place the occupational health and safety of our employees as a top priority, continuously enhancing our occupational Each year, we proactively carry out a wide range of safety management initiatives, comprehensively strengthening the
health and safety management system and strengthening our ability to respond to risk incidents. We are committed to protection of employees' health and safety from aspects such as facilities and equipment, workplace environment,
providing a healthy, safe, and zero-injury workplace for all employees. personal physical and mental health, and the enhancement of safety awareness.
We strictly comply with the Law of the Peopl e's Republic of China on the Prevention and Control of Occupational Diseases ,
Provision of safety equipment
the Work Safety Law of the People's Republic of China , the Provisions on the Administration of Occupational Health at
Workplaces , and other applicable laws and regulations. We have established safety management systems, including the To provide employees with a healthy and safe working environment, we set access control cards and face recognition for
Occupational Health Management System , the Occupational Hygiene Management System , the Occupational Hazards restriction in a bid to strictly control the use of facilities by employees; provide necessary labor protection consumables
Management System , and the Hazardous Chemicals Management and Usage System . We have built a dual prevention for employees who need them, and install 24-hour surveillance cameras to identify dangerous disciplinary violation;
mechani** of hierarchical safety risk control and hidden hazard investigation and management, effectively preventing use ventilation facilities and noise-reducing facilities and take other technical measures for prevention of occupational
major and severe safety incidents. Throughout the year, we have continuously improved our occupational health and hazards; and furnish a medical room, eyewash equipment and other emergency facilities for occupational hazards.
safety management system. Based on actual production conditions, we have introduced new safety management
regulations, such as the Regulations on Hazardous Operations Management , the Fire Safety Implementation System ,
and the Occupational Disease Hazard Prevention Responsibility System V3 , all of which are strictly implemented by each
department in accordance with regulatory requirements. Health examinations of employees
We have established a Group Safety Committee Office responsible for coordinating all matters related to occupational
We regularly organize health examinations for employees, offering free occupational health checkups before employment,
health and safety production. In addition, we have set up dedicated safety management teams in our key subsidiaries to
during employment, and upon resignation. Special examination programs are provided for employees exposed to
oversee daily safety management. Regular safety management meetings are held on a weekly, monthly, and quarterly
hazardous factors. Potential occupational disease risks are proactively identified based on trend analysis of health
basis to guide working groups in conducting daily work safely and orderly.
examination data.
To implement safety production responsibilities, we have adopted an all-staff accountability system, requiring personnel
at all levels to sign safety responsibility agreements. We have standardized the appointment procedures for key safety
personnel and safety management staff, and we have procured professional insurance products such as safety production
liability insurance and forklift insurance to protect employees' health and safety.
Regular safety inspections
We are actively promoting ISO 45001:2018 Occupational Health and Safety Management System certification across our
major subsidiaries. As of now, several subsidiaries, including Pantum Electronics, Ninestar Information Technology, and
We conduct regular on-site inspections to identify potential safety hazards: production department safety officers
the Zhuhai Branch, have succes**ully obtained this certification. Meanwhile, we are advancing the application for Level 2
carry out daily self-inspections and corrections, safety management teams drive quarterly inspections led by principal
Certification of Work Safety Standardization Enterprises. We have conducted a comprehensive review of the existing safety
responsible persons, and the safety supervision department organizes monthly special inspections covering areas such as
management system and formulated improvement measures based on the ISO 45001 standards and recommendations
noise control, hazardous chemical management, and lightning protection inspections of buildings. Targeted management
from professional certification bodies.
measures and permanent management requirements are established for major risk sources, with deadlines for rectification
and responses.
Prevention and control of occupational diseases
Every year, we engage professional testing agencies to assess occupational hazard factors in production sites and
implement rectifications based on evaluation recommendations. This year, we carried out occupational hygiene
improvement projects in production sites, addressing occupational hazards such as noise, toluene, laser radiation, and
dust.
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
Special safety inspections
We conduct quarterly special inspections for major hazardous sources, employing third-party safety service agencies
to inspect fire safety, special equipment, occupational hygiene, dust removal systems, and more. We carry out risk
asses**ents for new equipment or process changes and implement targeted corrective and risk response measures,
including formulating improvement plans, adopting control measures, continuously monitoring and providing feedback,
and conducting periodic re-evaluations to ensure the effectiveness of risk management measures.
Special safety inspections
Safety culture promotion
We have formulated documents such as the Administrative Provisions on Work Safety Education and Training and
Employment with Certificates and conduct a variety of activities, including the Safety Production Month, Fire Safety
Publicity Month, various emergency drills, and safety training sessions on dust explosion prevention, special operations,
and emergency rescue. New employees receive three-level safety education training. Safety management personnel
undergo annual certified occupational hygiene management training. Employees exposed to hazards receive specialized
annual occupational health education. In addition, a monthly employee safety conference is held to promote knowledge
on occupational disease prevention.
Occupational safety management performance data
Safety production month activities
Investment in work The number of work-related
safety amounted to There was deaths of employees was
RMB 21,872,600 0 work safety accident 0 7.6.4 Metrics and targets
The number of work-
related injuries was 484 100% Targets Progress
potential safety hazards of potential safety
No deaths, fires, explosions, or other major
Training Work safety and occupational accidents During the Reporting Period, there were
of coverage rate of annual work 14,409 No accidents related to special equipment major accidents; no accidents involving
safety and occupational health hours of production 75,000 No industrial safety production accidents
special equipment; no industrial
accidents; no serious injuries; and the
training for employees were safety and occupational person-times
No serious injuries incidence rate of occupational diseases
achieved health
was zero.
The incidence rate of occupational diseases is
zero Full review and improvement of existing
safety management systems to ensure
Promotion of standardization of safety culture compliance with ISO 45001 standards.
construction
Emergency rescue training Emergency evacuation drill
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
In 2024, we donated 735 Pantum printers to Nanyang Institute of
shortage of printing resources at the university, and support the
development of its education programs.
to Xidian University to support the construction of the university's
We remain continuously committed to and actively engaged in public welfare, with the concept of "Mutual Creation, Future Information Technology Innovation Research Building and
Mutual Sharing" deeply embedded in our corporate philosophy. We proactively assume and actively respond to social promote its innovation research and talent development efforts in
responsibilities, staying closely aligned with national development strategies and continuously creating positive impacts the field of information technology. As of the end of the Reporting Information Technology Innovation Research
in local communities. Period, RMB 700,000 had been paid out. Building
Support for primary and secondary schools
conditions and support the development of secondary education. We also donated RMB 30,000 to Guangchang Primary
With a profound sense of national and social responsibility, we regard the fulfillment of corporate social responsibility as
School in Zhuhai City to upgrade teaching facilities.
a long-term strategic mission. The Company has established and implemented the Ninestar Charity and Public Welfare
Management System , building a structured, systematic, and procedural framework for corporate social responsibility, that Additionally, we established a scholarship fund of RMB 200,000 at Yiping Primary School in Henan Province to assist
ensures charitable and public welfare activities are conducted in an orderly and effective manner. outstanding students from economically disadvantaged families, safeguard their right to compulsory education, and
support the diversified development of excellent students. As of the end of the Reporting Period, RMB 20,000 had been
We partnered with the Chinese Red The fund was tran**ormed into the "Ninestar We were awarded the
Cross Foundation to establish the Angel Love Plan", continuously expanding "China Red Cross Medal of
"Ninestar Angel Love Fund", dedicated its contributions in areas such as critical Benevolence" by the Red Cross
to assisting children with leukemia illness assistance, educational support, Society of China. To foster reading abilities and meet the reading needs of rural children, we cumulatively
and congenital heart disease from environmental protection, and education. donated approximately RMB 700,000 to the Nanyang Charity Federation to establish
economically disadvantaged families. the "Love Reading Corner" project. As of the end of the Reporting Period, 313 reading
corners had been established across Nanyang, Henan Province, equipped with 21,910
books covering subjects such as natural sciences, fairy tales, social humanities, picture
Recognizing the critical importance of education, we are committed to fulfilling our social responsibility through Pursuing green low-carbon development, Ninestar is always on the way. Since joining the Society of Entrepreneurs and
continuous educational assistance efforts, supporting institutions at various levels, and contributing to society's future Ecology Conservation as a member in 2014, we have been committed to the mission of "Green Technology, Sustaining Life
development. on Earth". We have participated in various ecological projects such as the "One Hundred Million Ammodendron Trees",
aiming to plant 100 million ammodendron trees and restore 2 million mu (1 mu is equal to approximately 666.67 square
Support for higher education institutions meters) of vegetation in Alxa League, thereby improving the local ecological environment, curbing desertification trends,
and enhancing the living standards of local herd**en with the derivative economic value of these trees.
We made phased donations to the Lanzhou University Education Development
Foundation and established the "Ninestar Love Program" under the Foundation As of the end of the
to support Lanzhou University's initiatives in culture, education, and Reporting Period, a total of
environmental protection. As of the end of the Reporting Period, a total of RMB 8
million had been paid out. RMB 8 million
had been paid out
Targets Progress
We actively fulfilled social responsibility
To promote community development and carry and undertook a series of public welfare
out public welfare activities every year in fields initiatives, including educational
which may include educational assistance, assistance, community support, rural
environmental protection, health care, etc. revitalization, and environmental
protection actions.
"Ninestar Love Program" donation ceremony Nanyang Institute of Technology donation ceremony
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
We continuously increase R&D investment in the field of clean technology. We plan to invest over RMB 500 million
between 2024 and 2028, focusing on areas such as cleantech research and development, energy solutions, equipment
We uphold the philosophy of full life-cycle environmental management, integrating the concepts of green innovation upgrades, and low-power chips. We have simultaneously established a clean technology product database covering low-
and circular economy into all stages, including design, manufacturing, transportation, and recycling. We regard power energy-saving printers, Uni**art devices, low-power chips, and high-efficiency compatible consumables. We have
cleantech innovation as one of our core strategies, continuously increasing investment in and the application ratio of also promoted the clean technology concept within all R&D departments, emphasizing green product innovation and
environmentally friendly materials and clean technologies and deepening the application of environmental and energy application.
solutions across all business lines.
Case Remanufactured integrated ink cartridges: combining performance and environmental sustainability
Today, as more countries and regions promote bans on single-use ink cartridges, the printing industry
We have established a systematic green management system covering the entire product life cycle, encompassing is moving towards sustainable development. In response, Zhuhai National Resources & Jingjie Printing
R&D, procurement, manufacturing, and recycling. Through improving regulations and increasing R&D investment, we Technology Co., Ltd. has launched remanufactured integrated ink cartridges for the Americas and Asia-Pacific
implement green product management. markets, integrating environmental concepts with outstanding performance.
Vivid colors: Utilizing high-quality, eco-friendly ink formulas to ensure clear and vivid text and images;
Environmental remanufacturing: Designed according to circular economy principles, the products can
R&D be reused multiple times, significantly reducing plastic waste emissions and helping enterprises and
individuals achieve green office goals;
We continuously increase investment in clean technology products to reduce energy consumption. We have also
established the R&D Technology Innovation Reward Program to incentivize teams to engage in clean technology
Stable compatibility: Ensuring **ooth and even ink flow, highly compatible with various printing
research and development.
devices, effectively avoiding clogging and leakage issues, and extending product service life.
Material procurement
We collaborate with qualified suppliers to procure environmentally friendly materials and components, design
sustainable products and solutions, and minimize the environmental impact across the product life cycle.
Product manufacturing
We have formulated management standards, such as the Regulations for the Management and Control of
Hazardous Substances and the Control List of Hazardous Substances , strictly observed domestic and international
standards for green products, such as the Measures for the Restriction of the Use of Certain Hazardous Substances
in Electrical and Electronic Equipment , the Restriction of Hazardous Substances in Electrical and Electronic
Equipment (RoHS) , and the Regulation on the Registration, Evaluation, Authorization and Restriction of Chemicals
(REACH) , utilized compliant raw materials, and strictly controlled the use of chemical substances, such as lead,
cadmium, mercury, and hexavalent chromium.
Product recycling and reuse
We stress the recyclability, degradability, and reusability of products, have formulated the Design Regulations
on Toner Cartridge Packaging Process and the Design Regulations on Packaging Process of Ink Cartridge and Ink
as the design standards for product packaging, and advocate the use of eco-friendly materials to improve the
competitiveness in logistics costs and reduce the waste of packaging materials.
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
We have established a systematic clean technology product management system, strategically developed clean
Case Optimization plan for toner cartridge tran**er efficiency technology products, and applied high-efficiency energy solutions to further increase product sales. In 2024, the sales
revenue of our clean technology products amounted to RMB 11,625.5148 million, accounting for 44% of the total sales
revenue.
During the toner cartridge design optimization process, we precisely adjusted key components such as the
developer roller (DR) rubber material, doctor blade (DB) operating parameters, and organic photoconductor Highlight data
drum (OPC) sensitivity. Meanwhile, we adopted high-tran**er-efficiency toner, succes**ully increasing toner
cartridge tran**er efficiency by 47%. These optimization measures have not only effectively reduced the
workload of waste toner cleaning and improved the end-user experience but also significantly enhanced the This year, the sales revenue of our clean
environmental performance and product life cycle. technology products amounted to accounting for
RMB 11,625.5148 million 44% of the total sales revenue
Meanwhile, we are committed to developing high-efficiency energy solutions for household products, creating low-energy-
use scenarios for users through the development of clean technology products.
Case G&G laboratory: industry-leading quality built on authoritative standards
Four newly developed products have been certified by ENERGY STAR; The G&G Toner Cartridge Laboratory is an industry-leading laboratory recognized by the China National
Accreditation Service for Conformity Asses**ent (CNAS). It is also the laboratory with the broadest testing
Energy efficiency
Our branded printer series has passed the China Energy Conservation Certification scope, the most comprehensive experimental projects, and the most certifications in the industry. Every toner
from the China Quality Certification Centre (CQC) and reached the China Energy cartridge we sell must undergo at least 16 rigorous tests, from raw materials to finished products and delivery
standards
Efficiency Level Standard Level One or Level Two. to users. Each test must comply with national standards, covering parameters such as toner softening point
temperature, hazardous element content, and fixing fastness, ensuring product quality and environmental
compliance.
Using advanced pri** and electronic chip detection technologies to meet higher
Energy-saving and technical requirements and reduce product operating energy consumption;
Innovating the integrated circuit design of more than 10 types of wafer products,
consumption-reduction
technologies
effectively reducing wafer area and achieving lower energy consumption.
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
We are actively building a sustainable system of products and solutions and promoting green product certification. We
Green product packaging strictly conform to domestic and international laws and regulations for green products, covering all processes from
production to use to ensure that our products sati**y environmental standards. Several product lines from our subsidiaries
The selection of packaging materials is not only a matter of environmental protection but also a medium for conveying the have received environmental certifications, such as the "Attestation of Chinese environment mark", "IECQ QC080000", the
values of a sustainable lifestyle. We focus on developing recyclable and biodegradable plastic-free packaging solutions to "Nordic Swan Ecolabel", the "ENERGY STAR", and the certification of the "Forest Stewardship Council (FSC)", highlighting
effectively reduce the carbon footprint and resource consumption across the full lifecycle. their outstanding performance in low toxicity, low hazardous emissions, and resource conservation.
We have established a complete Product Life Cycle Asses**ent (LCA) system, following the requirements of international
We optimize the lightweight design of packaging materials to ensure the safety of product transportation while standards ISO 14040 and ISO 14044, to systematically evaluate the environmental impacts of products during design,
effectively reducing energy consumption and carbon emissions during logistics. manufacturing, distribution, usage, and disposal. We have also implemented a comprehensive Hazardous Substance Free
(HSF) management system, establishing an end-to-end environmental management mechani** from product design
To meet the demands of different regional markets, we have introduced plastic-free packaging solutions such and supply chain management to product recycling, to ensure the environmental compliance and sustainability of our
as honeycomb core paper bags and bubble paper to replace traditional EPE pearl cotton, thereby promoting the products throughout their lifecycle.
transition to plastic-free packaging.
Through packaging standardization and integration, we reduce scrap rates; by adopting minimalist packaging As of the end of the Reporting Period, among the Ninestar products on sale:
designs, we effectively save space and material consumption; we also continuously reduce the use of auxiliary
materials such as labels and instruction manuals.
a total of 10,795 a total of 542
products had obtained domestic authoritative products had obtained foreign authoritative
As of the end of the Reporting Period, environmental certificates (e.g. China Energy environmental certificates (e.g. the Nordic Swan
Conservation Certification and the Attestation of Ecolabel and the ENERGY STAR)
Total packaging material used for Chinese environment mark)
Total sustainable packaging
finished products
materials used
We continue to optimize our packaging materials. During the Reporting Period, we achieved the goal of reducing the Nordisk Milj?m?rkningslicens
volume of our printer product packaging. Moreover, in line with our corporate strategy, we will gradually replace the
Udstedt af:
Milj?m?rkning Danmark
G?teborg Plads 1
Oplysninger om licens-/registreringsindehaveren
current plastics in the shells of some products under mass production with a large proportion of recycled plastics with
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珠海奔图电子有限公司 珠海纳思达信息技术有限公司 珠海纳思达信息技术有限公司 珠海纳思达信息技术有限公司
地址：广东省珠海市金湾区平沙镇升平大道 888 号 02 栋、06 栋、08 栋 Producent: Zhuhai Ninestar Information Technology Co., Ltd
地址：广东省珠海市香洲区珠海大道 3883 号 01 栋 2 楼;02 栋 1 楼 A 区;03 栋;04 栋;05 栋;06 栋 1 楼、2 楼、4 楼 地址：珠海市香洲区珠海大道 3883 号 01 栋 2 楼;02 栋 1 楼 A 区;03 栋;04 栋;05 栋;06 栋 1 楼、2 楼、4 楼 地址：珠海市香洲区珠海大道 3883 号 01 栋 2 楼;02 栋 1 楼 A 区;03 栋;04 栋;05 栋;06 栋 1 楼、2 楼、4 楼
low mechanical property requirements. We will also progressively replace current packaging with renewable or bio-based
生产者 Produktionssted: NO. 3883 Zhuhai Avenue, Xiangzhou District, Zhuhai, Guangdong, China
生 产者 生产者 生 产者
珠海奔图电子有限公司
地址：广东省珠海市金湾区平沙镇升平大道 888 号 02 栋、06 栋、08 栋
Oplysninger om licensen 珠海纳思达信息技术有限公司 珠海纳思达信息技术有限公司 珠海纳思达信息技术有限公司
Licensnummer: Licensversion: Gyldig t.o.m.: 地址：广东省珠海市香洲区珠海大道 3883 号 01 栋 2 楼;02 栋 1 楼 A 区;03 栋;04 栋;05 栋;06 栋 1 楼、2 楼、4 楼 地址：珠海市香洲区珠海大道 3883 号 01 栋 2 楼;02 栋 1 楼 A 区;03 栋;04 栋;05 栋;06 栋 1 楼、2 楼、4 楼 地址：珠海市香洲区珠海大道 3883 号 01 栋 2 楼;02 栋 1 楼 A 区;03 栋;04 栋;05 栋;06 栋 1 楼、2 楼、4 楼
生 产企 业
珠海奔图电子有限公司 生 产企 业 生 产企 业 生 产企 业
地址：广东省珠海市金湾区平沙镇升平大道 888 号 02 栋、06 栋、08 栋 Kriteriedokument: Gyldighedstid: 珠海纳思达信息技术有限公司 珠海纳思达信息技术有限公司 珠海纳思达信息技术有限公司
认 证标 准
materials, including the use of biodegradable pearl cotton in toner cartridge packaging. Furthermore, we continuously
中华人民共和国环境保护行业标准 Kommentarer:
HJ2512-2012《环境标志产品技术要求 打印机、传真机和多功能一体机》 认 证标 准 认 证标 准 认 证标 准
认 证单 元
Milj?m?rkede produkter 中华人民共和国环境保护行业标准
HJ573-2010《环境标志产品技术要求 喷墨盒》
中华人民共和国环境保护行业标准
HJ570-2010《环境标志产品技术要求 鼓粉盒》
中华人民共和国环境保护行业标准
HJ570-2010《环境标志产品技术要求 鼓粉盒》
单色激光打印机 Betegnelse og specifikation af varen/tjenesten pr. land:
认 证单 元 认 证单 元 认 证单 元
产品名称、商标/品牌、型号 Betegnelse: Se bilag 彩色喷墨盒（水性墨水） 分离式鼓粉盒（彩色 化学 单组份） 分离式鼓粉盒（单色 物理 单组份）
详见证书附件
Milj?m?rkningsorganisationen giver hermed ovenn?vnte licens- og registreringsindehaver ret til at anvende det nordiske milj?m?rke i 产品名称、商标/品牌、型号 产品名称、商标/品牌、型号 产品名称、商标/品牌、型号
上述产品符合**环境标志产品认证实施规则 ECC-1014EL-A/1 的要求，特发此证。 henhold til licensens omfang p? eller i forbindelse med produkter, som opfylder kravene i relevante milj?m?rkningskriterier eller i forbindelse 详见证书附件 详见证书附件 详见证书附件
remove unnecessary packaging layers to save materials, reduce the use of auxiliary materials such as labels and
med marked**?ring af produkter. For at anvende milj?m?rket i et andet nordisk land kr?ves registrering i respektive land. Oms?tningen for
认证模式：初始工厂审查 产品检测 获证后的监督 ovenfor ber?rte produkter skal en gang om ?ret efter anmodning rapporteres til milj?m?rkningsorganisationen senest den 1. april.
本证书的有效性依据发证机构的监督获得保持，可通过扫描左下方二维码确认。 上述产品符合**环境标志产品认证实施规则 CEC-7025EL 的要求，特发此证。 上述产品符合**环境标志产品认证实施规则 CEC-7024EL 的要求，特发此证。 上述产品符合**环境标志产品认证实施规则 CEC-7024EL 的要求，特发此证。
本证书信息可在 www.meecec.com 和 www.cnca.gov.cn 上查询 Milj?m?rkningsorganisationen p?tager sig at informere ber?rte licensindehavere, hvis noget i kriteriedokumentet ?ndres. 认证模式：型式试验 工厂检查 认证后监督 认证模式：型式试验 工厂检查 认证后监督 认证模式：型式试验 工厂检查 认证后监督
本证书的有效性依据发证机构的监督获得保持，可通过扫描左下方二维码确认。 本证书的有效性依据发证机构的监督获得保持，可通过扫描左下方二维码确认。 本证书的有效性依据发证机构的监督获得保持，可通过扫描左下方二维码确认。
发证日期：二○二二年七月二十一日 新污染物控制情况： Milj?m?rkningslicensen g?lder til ovenfor angivet dato, hvis den ikke fra licensindehaverens eller milj?m?rkningsorganisationens side opsiges 本证书信息可在 www.meecec.com 和 www.cnca.gov.cn 上查询。 本证书信息可在 www.meecec.com 和 www.cnca.gov.cn 上查询。 本证书信息可在 www.meecec.com 和 www.cnca.gov.cn 上查询。
mindst tre m?neder i forvejen. Licensen m? ikke overdrages, uden at Ans?gning om overdragelse gennemf?res. Licensen/registreringen
有效期至：二○二七年七月二十日 tilbagekaldes med umiddelbar virkning, hvis ”Regler for milj?m?rkning af produkter” eller milj?m?rkningskriterierne for produktgruppen 发证日期：二○二一年五月八日 发证日期：二○二一年五月八日 发证日期：二○二一年五月八日
tilsides?ttes. Hvis licensindehaveren p?f?rer milj?m?rkningsorganisationen direkte eller indirekte omkostninger som f?lge af dette, eller hvis 有效期至：二○二六年五月七日 授权机构：中华人民共和国生态环境部 有效期至：二○二六年五月七日 授权机构：中华人民共和国生态环境部 有效期至：二○二六年五月七日 授权机构：中华人民共和国生态环境部
换证日期：二○二四年九月六日 der for?rsages skade af produkt fremstillet/solgt af licensindehaveren, skal licensindehaveren holde milj?m?rkningsorganisationen helt 换证日期：二○二四年四月十八日 换证日期：二○二四年八月十六日 换证日期：二○二四年八月十六日
skadesl?s.
instruction manuals, replace plastic film coatings on cartons with water-based varnishes, and substitute recyclable paper
签 发 人： 授权机构：中华人民共和国生态环境部
Nordhavn, den 26 marts 2025 签 发 人： 签 发 人： 签 发 人：
Milj?m?rkning Danmark
Martin Fabiansen
Direkt?r
cards and paper bags for cushioning plastics.
Green product materials
We adhere to the principles of reduction and harmlessness in our use of environmentally friendly materials, giving priority
to S1 raw materials and eco-friendly materials. During the year, through iterative improvements, our new eco-friendly ink
pouch products succes**ully reduced their plastic content by more than 8%, with the proportion of recycled materials
exceeding 25%.
**环境标志产品认证证书 **环境标志产品认证证书 **环境标志产品认证证书 **环境标志产品认证证书
In terms of material management, we updated the Product Environmental Specification of Zhuhai Pantum Electronics Co. ,
证书编号：CEC2018ELP07901136 证书编号：CEC2018ELP07901135 证书编号：CEC2018ELP05701134 证书编号：CEC2018ELP05701133
委 托人 委 托人 委托人 委 托人
珠海纳思达信息技术有限公司 珠海纳思达信息技术有限公司 珠海纳思达信息技术有限公司 珠海纳思达信息技术有限公司
地址：珠海市香洲区珠海大道 3883 号 01 栋 2 楼;02 栋 1 楼 A 区;03 栋;04 栋;05 栋;06 栋 1 楼、2 楼、4 楼 地址：珠海市香洲区珠海大道 3883 号 01 栋 2 楼;02 栋 1 楼 A 区;03 栋;04 栋;05 栋;06 栋 1 楼、2 楼、4 楼 地址：珠海市香洲区珠海大道 3883 号 01 栋 2 楼;02 栋 1 楼 A 区;03 栋;04 栋;05 栋;06 栋 1 楼、2 楼、4 楼 地址：珠海市香洲区珠海大道 3883 号 01 栋 2 楼;02 栋 1 楼 A 区;03 栋;04 栋;05 栋;06 栋 1 楼、2 楼、4 楼
生 产者 生 产者 生产者 生 产者
珠海纳思达信息技术有限公司 珠海纳思达信息技术有限公司 珠海纳思达信息技术有限公司 珠海纳思达信息技术有限公司
Ltd. in 2024 to further strengthen the control of pollutants.
地址：珠海市香洲区珠海大道 3883 号 01 栋 2 楼;02 栋 1 楼 A 区;03 栋;04 栋;05 栋;06 栋 1 楼、2 楼、4 楼 地址：珠海市香洲区珠海大道 3883 号 01 栋 2 楼;02 栋 1 楼 A 区;03 栋;04 栋;05 栋;06 栋 1 楼、2 楼、4 楼 地址：珠海市香洲区珠海大道 3883 号 01 栋 2 楼;02 栋 1 楼 A 区;03 栋;04 栋;05 栋;06 栋 1 楼、2 楼、4 楼 地址：珠海市香洲区珠海大道 3883 号 01 栋 2 楼;02 栋 1 楼 A 区;03 栋;04 栋;05 栋;06 栋 1 楼、2 楼、4 楼
生 产企 业 生 产企 业 生 产企 业 生产企业
珠海纳思达信息技术有限公司 珠海纳思达信息技术有限公司 珠海纳思达信息技术有限公司 珠海纳思达信息技术有限公司
地址：珠海市香洲区珠海大道 3883 号 01 栋 2 楼;02 栋 1 楼 A 区;03 栋;04 栋;05 栋;06 栋 1 楼、2 楼、4 楼 地址：珠海市香洲区珠海大道 3883 号 01 栋 2 楼;02 栋 1 楼 A 区;03 栋;04 栋;05 栋;06 栋 1 楼、2 楼、4 楼 地址：珠海市香洲区珠海大道 3883 号 01 栋 2 楼;02 栋 1 楼 A 区;03 栋;04 栋;05 栋;06 栋 1 楼、2 楼、4 楼 地址：珠海市香洲区珠海大道 3883 号 01 栋 2 楼;02 栋 1 楼 A 区;03 栋;04 栋;05 栋;06 栋 1 楼、2 楼、4 楼
认 证标 准 认 证标 准 认 证标 准 认证标准
中华人民共和国环境保护行业标准 中华人民共和国环境保护行业标准 中华人民共和国环境保护行业标准 中华人民共和国环境保护行业标准
HJ570-2010《环境标志产品技术要求 鼓粉盒》 HJ570-2010《环境标志产品技术要求 鼓粉盒》 HJ/T413-2007《环境标志产品技术要求 再生鼓粉盒》 HJ/T413-2007《环境标志产品技术要求 再生鼓粉盒》
认证单元 认 证单 元 认证单元 认证单元
一体式鼓粉盒（彩色 化学 单组份） 一体式鼓粉盒（单色 物理 单组份） 一体式再生鼓粉盒（彩色 化学 单组份） 一体式再生鼓粉盒（单色 物理 单组份）
产 品名 称、 商 标 / 品 牌、 型 号 产品名称、商标/品牌、型号 产品名称、商标/品牌、型号 产品名称、商标/品牌、型号
详见证书附件 详见证书附件 详见证书附件 详见证书附件
上述产品符合**环境标志产品认证实施规则 CEC-7024EL 的要求，特发此证。 上述产品符合**环境标志产品认证实施规则 CEC-7024EL 的要求，特发此证。 上述产品符合**环境标志产品认证实施规则 ECC-1065EL-A/0 的要求，特发此证。 上述产品符合**环境标志产品认证实施规则 ECC-1065EL-A/0 的要求，特发此证。
认证模式：型式试验 工厂检查 认证后监督 认证模式：型式试验 工厂检查 认证后监督 认证模式：初始工厂检查 型式检验 获证后的监督 认证模式：初始工厂检查 型式检验 获证后的监督
本证书的有效性依据发证机构的监督获得保持，可通过扫描左下方二维码确认。 本证书的有效性依据发证机构的监督获得保持，可通过扫描左下方二维码确认。 本证书的有效性依据发证机构的监督获得保持，可通过扫描左下方二维码确认。 本证书的有效性依据发证机构的监督获得保持，可通过扫描左下方二维码确认。
本证书信息可在 www.meecec.com 和 www.cnca.gov.cn 上查询。 本证书信息可在 www.meecec.com 和 www.cnca.gov.cn 上查询。 本证书信息可在 www.meecec.com 和 www.cnca.gov.cn 上查询。 本证书信息可在 www.meecec.com 和 www.cnca.gov.cn 上查询。
发证日期：二○二一年五月八日 发证日期：二○二一年五月八日 发证日期：二○二一年五月八日 发证日期：二○二一年五月八日
有效期至：二○二六年五月七日 授权机构：中华人民共和国生态环境部 有效期至：二○二六年五月七日 授权机构：中华人民共和国生态环境部 有效期至：二○二六年五月七日 授权机构：中华人民共和国生态环境部 有效期至：二○二六年五月七日 授权机构：中华人民共和国生态环境部
换证日期：二○二四年八月十六日 换证日期：二○二四年八月十六日 换证日期：二○二四年八月十六日 换证日期：二○二四年八月十六日
签 发 人： 签 发 人： 签 发 人： 签 发 人：
As of the end of the Reporting Period,
a total of a total of
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
We enhance product reuse and capacity expansion through innovative product design. These design optimizations not
Our brand G&G launched more efficient and eco-friendly easy-refill toner cartridges in the industry and has
only reduce production costs but also improve the reuse rate of products and components, effectively minimizing resource
continuously optimized product lifespan and recycling efficiency throughout product iterations. The newly
consumption and waste generation.
introduced "High-Capacity Easy Refill" series offers a green and convenient experience featuring "easy refill",
"cyclic printing", and "worry-free use".
Case Pantum's Efficient Pro Series Laser Printer broke industry durability standards
Supports three refill cycles,
significantly reducing per-page
printing costs to RMB 0.009 yuan
In September 2024, Pantum launched the"Efficient Pro Series Laser Printer", which have received professional per page and effectively minimizing
recognition for their breakthrough durability and extended lifespan. This series features two core advantages: resource consumption;
Ultra-long lifespan
Compared with the standard easy-
Utilizing a full-metal frame design and highly wear-resistant components, the printers are equipped refill toner cartridge, toner capacity
with a long-life drum unit supporting up to 25,000 pages, with commercial consumables supporting up is increased by 50%, boosting
to 11,000 pages. Their lifespan far exceeds the industry average, significantly reducing the frequency of page yield by over 1,000 pages and
device and consumables replacement for users. extending the product lifecycle;
Outstanding stability
Equipped with a high-strength,
Certified by CEPREI, the printers demonstrated continuous operation for over 20 days, printing 200,000
wear-resistant drum core, achieving
pages, with a paper jam rate as low as 0.02%. By innovatively adopting a tempered ball-bearing fusing
a blackness value of 1.45 at a
assembly and NJT engine technology, the printers ensure long-term, stable performance.
professional level, delivering a clear
and comfortable printing experience
After 17 years of independent R&D, Pantum has broken multiple technological barriers in the printer industry, while ensuring durability and
achieving full independent control from key components to the complete machine, providing users with more continuous usage.
durable and sustainable printing solutions.
In 2024, over 80% of our compatible consumable chip models supported device resetting via Uni**art equipment, with all
equipped chip models enabling device reset, thereby achieving efficient recycling and reuse of chips.
Case Chip reuse technology facilitates the circular economy
We focus on innovative breakthroughs in chip reuse technology. With continued R&D investment in Uni**art
and MINI series devices, we have expanded the coverage of resettable chip models and optimized firmware
upgrade efficiency. In 2024, we plan to achieve the reset and upgrade of over 20 million printing consumable
chips through the Uni**art and Mini Smart device platforms, further enhancing chip recycling rates. In
addition, we actively develop OEM chip reset technology and recyclable, eco-friendly compatible chip designs,
providing solutions for chip reuse in the consumables recycling industry.
Moreover, the chip removal tool developed by us adopts an innovative dual-cutter design, supporting the safe
removal and reuse of original toner cartridge chips, effectively reducing electronic waste generation.
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
We uphold the philosophy of green manufacturing by continuously optimizing production processes through the adoption
of advanced equipment and process technologies, thereby effectively reducing energy consumption and waste emissions.
Targets Progress
For details, see Section 8.3 Energy Management.
Our major subsidiaries have passed ISO 14001 Environmental Management Systems certification, fully integrating
Gradually replacing current packaging in the shells
environmental management into daily operations and strategic planning. We strictly comply with environmental laws and
of some products under mass production with
regulations, effectively control environmental compliance risks, and maintain active communication on environmental Use of eco-friendly packaging a large proportion yet low mechanical property
topics with customers, suppliers, communities, and other stakeholders. materials requirements with renewable or bio-based materials;
We continuously promote the construction of a green supply chain by selecting suppliers certified under the ISO 14001 using biodegradable pearl cotton in product toner
Environmental Management Systems to ensure the quality and reliability of purchased materials and the environmental cartridges.
compliance of production processes.
materials content by more than 8%, and the proportion of
recycled materials has exceeded 25%.
We actively promote product carbon footprint certification. Our Pantum 5103 printer, through hardware configuration and
software algorithm optimization, has achieved high energy efficiency and a lower carbon footprint, succes**ully obtaining
carbon footprint certification from the British Standards Institution (BSI). This certification reflects our commitment
and efforts to reduce greenhouse gas emissions throughout the entire product life cycle. We will continue to increase
investment in low-carbon product R&D and expand the coverage of products certified for their carbon footprint.
In 2024, the sales revenue of our clean technology
Development of efficient energy
products amounted to RMB 11,625.5148 million,
solutions
accounting for 44% of the total sales revenue.
Internal Internal Internal Internal
核查声明 核查声明 核查声明 核查声明
产品碳足迹 产品碳足迹 产品碳足迹 产品碳足迹
核查意见声明 核查意见声明 核查意见声明 核查意见声明
兹证明： Zhuhai Pantum Electronics Co., Ltd. 兹证明： 珠海奔图电子有限公司 Zhuhai Pantum Electronics Co., Ltd. 兹证明： 珠海奔图电子有限公司 Zhuhai Pantum Electronics Co., Ltd. 兹证明： 珠海奔图电子有限公司 Zhuhai Pantum Electronics Co., Ltd.
珠海奔图电子有限公司
Building 02, 06, 08 91440400324837464A Building 02, 06, 08 91440400324837464A Building 02, 06, 08 91440400324837464A Building 02, 06, 08
No. 888, Shengping Avenue ** No. 888, Shengping Avenue ** No. 888, Shengping Avenue ** No. 888, Shengping Avenue
**
Pingsha Town 广东省 Pingsha Town 广东省 Pingsha Town 广东省 Pingsha Town
广东省
Zhuhai 珠海市 Zhuhai 珠海市 Zhuhai 珠海市 Zhuhai
珠海市
金湾区平沙镇 Guangdong 金湾区平沙镇 Guangdong 金湾区平沙镇 Guangdong
金湾区平沙镇 Guangdong
升平大道 888 号 519000 升平大道 888 号 519000 升平大道 888 号 519000
升平大道 888 号 519000
Focused on extending the lifespan and recycling
持有声明: PCFV 793943-1 持有声明: PCFV 793943-2 持有声明: PCFV 793943-3
持有声明: PCFV 793943-0
As a result of carrying out the verification of product life cycle greenhouse gas emissions, it is the opinion of As a result of carrying out the verification of product life cycle greenhouse gas emissions, it is the opinion of As a result of carrying out the verification of product life cycle greenhouse gas emissions, it is the opinion of
As a result of carrying out the verification of product life cycle greenhouse gas emissions, it is the opinion of BSI with reasonable assurance that基于产品生命周期温室气体排放核查结果，BSI出具合理保证声明如下： BSI with reasonable assurance that基于产品生命周期温室气体排放核查结果，BSI出具合理保证声明如下： BSI with reasonable assurance that基于产品生命周期温室气体排放核查结果，BSI出具合理保证声明如下：
BSI with reasonable assurance that基于产品生命周期温室气体排放核查结果，BSI出具合理保证声明如下：
? The product carbon footprint with the function unit of one BM5115ADW Monochrome Laser Multifunction ? The product carbon footprint with the function unit of one BM5100FDW Monochrome Laser Multifunction ? The product carbon footprint with the function unit of one BM5115FDW Monochrome Laser Multifunction
? The product carbon footprint with the function unit of one BM5100ADW Monochrome Laser Multifunction Printer that prints every 1000 pages (excluding printing paper) is 2.34 kg of CO2 equivalent. 功能单位为1台 Printer that prints every 1000 pages (excluding printing paper) is 2.49 kg of CO2 equivalent. 功能单位为1台 Printer that prints every 1000 pages (excluding printing paper) is 2.51 kg of CO2 equivalent. 功能单位为1台
efficiency of printers, toner cartridges, and chips
Printer that prints every 1000 pages (excluding printing paper) is 2.31 kg of CO2 equivalent. 功能单位为1台 BM5115ADW黑白激光多功能一体机每1000页打印（不含打印纸） ，其产品碳足迹为2.34千克二氧化碳当量。 BM5100FDW黑白激光多功能一体机每1000页打印（不含打印纸），其产品碳足迹为2.49千克二氧化碳当量。 BM5115FDW黑白激光多功能一体机每1000页打印（不含打印纸），其产品碳足迹为2.51千克二氧化碳当量。
BM5100ADW黑白激光多功能一体机每1000页打印（不含打印纸） ，其产品碳足迹为2.31千克二氧化碳当量。 ? No material misstatements in this product life cycle greenhouse gas emission statement were revealed. ? No material misstatements in this product life cycle greenhouse gas emission statement were revealed. ? No material misstatements in this product life cycle greenhouse gas emission statement were revealed.
? No material misstatements in this product life cycle greenhouse gas emission statement were revealed. 本产品生命周期温室气体排放声明未发现实质性错误陈述。 本产品生命周期温室气体排放声明未发现实质性错误陈述。 本产品生命周期温室气体排放声明未发现实质性错误陈述。
Product design optimization
本产品生命周期温室气体排放声明未发现实质性错误陈述。 ? The product life cycle GHG data quality was verified to be acceptable against the requirements of ISO ? The product life cycle GHG data quality was verified to be acceptable against the requirements of ISO ? The product life cycle GHG data quality was verified to be acceptable against the requirements of ISO
? The product life cycle GHG data quality was verified to be acceptable against the requirements of ISO 14067:2018. 产品生命周期温室气体数据质量经验证符合ISO 14067:2018的要求。 14067:2018. 产品生命周期温室气体数据质量经验证符合ISO 14067:2018的要求。 14067:2018. 产品生命周期温室气体数据质量经验证符合ISO 14067:2018的要求。
This statement shall be valid for a maximum period of two years after the latest issue date on this certificate. Should there be a change in the life cycle of the product whose GHG emissions are being certificate. Should there be a change in the life cycle of the product whose GHG emissions are being certificate. Should there be a change in the life cycle of the product whose GHG emissions are being
during product iterations, reducing resource
certificate. Should there be a change in the life cycle of the product whose GHG emissions are being assessed, the validity of this opinion statement will cease. 本声明有效期最长为本证书**签发日期后两年。 assessed, the validity of this opinion statement will cease. 本声明有效期最长为本证书**签发日期后两年。 assessed, the validity of this opinion statement will cease. 本声明有效期最长为本证书**签发日期后两年。
assessed, the validity of this opinion statement will cease. 本声明有效期最长为本证书**签发日期后两年。 如果正在评估其温室气体排放的产品的生命周期发生变化，本意见声明的有效性将中止。 如果正在评估其温室气体排放的产品的生命周期发生变化，本意见声明的有效性将中止。 如果正在评估其温室气体排放的产品的生命周期发生变化，本意见声明的有效性将中止。
如果正在评估其温室气体排放的产品的生命周期发生变化，本意见声明的有效性将中止。
consumption and waste generation.
BSI 代表： BSI 代表： BSI 代表：
BSI 代表： Michael Lam - Managing Director Assurance, APAC Michael Lam - Managing Director Assurance, APAC Michael Lam - Managing Director Assurance, APAC
Michael Lam - Managing Director Assurance, APAC
**发证日期： 2023-09-04 生效日期： 2023-09-04 **发证日期： 2023-09-04 生效日期： 2023-09-04 **发证日期： 2023-09-04 生效日期： 2023-09-04
**发证日期： 2023-09-04 生效日期： 2023-09-04 **发证日期： 2023-09-04 有效期至： 2025-09-03 **发证日期： 2023-09-04 有效期至： 2025-09-03 **发证日期： 2023-09-04 有效期至： 2025-09-03
**发证日期： 2023-09-04 有效期至： 2025-09-03
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BSI 与上述客户没有经济利益关系，独立于上述客户。本意见声明仅为核实上述客户在范围内具体描述的碳排放有关的声明而编写，不用于**其他目的。 在提供意见声明时，BSI 不会接受或承担 BSI 与上述客户没有经济利益关系，独立于上述客户。本意见声明仅为核实上述客户在范围内具体描述的碳排放有关的声明而编写，不用于**其他目的。 在提供意见声明时，BSI 不会接受或承担 BSI 与上述客户没有经济利益关系，独立于上述客户。本意见声明仅为核实上述客户在范围内具体描述的碳排放有关的声明而编写，不用于**其他目的。 在提供意见声明时，BSI 不会接受或承担
法律或其他责任，也不会接受与使用意见声明的**其他目的或阅读意见声明的**人有关的责任。本意见声明是在 BSI 对上述客户提交的信息进行评估的基础上编写的。在进行此类评估时，BSI 法律或其他责任，也不会接受与使用意见声明的**其他目的或阅读意见声明的**人有关的责任。本意见声明是在 BSI 对上述客户提交的信息进行评估的基础上编写的。在进行此类评估时，BSI 法律或其他责任，也不会接受与使用意见声明的**其他目的或阅读意见声明的**人有关的责任。本意见声明是在 BSI 对上述客户提交的信息进行评估的基础上编写的。在进行此类评估时，BSI
BSI 与上述客户没有经济利益关系，独立于上述客户。本意见声明仅为核实上述客户在范围内具体描述的碳排放有关的声明而编写，不用于**其他目的。 在提供意见声明时，BSI 不会接受或承担 假定所有这些信息都是完整和准确的。 因本意见声明而产生的**疑问或与本意见声明有关的事项，应只向上述名称的客户提出。 假定所有这些信息都是完整和准确的。 因本意见声明而产生的**疑问或与本意见声明有关的事项，应只向上述名称的客户提出。 假定所有这些信息都是完整和准确的。 因本意见声明而产生的**疑问或与本意见声明有关的事项，应只向上述名称的客户提出。
法律或其他责任，也不会接受与使用意见声明的**其他目的或阅读意见声明的**人有关的责任。本意见声明是在 BSI 对上述客户提交的信息进行评估的基础上编写的。在进行此类评估时，BSI
假定所有这些信息都是完整和准确的。 因本意见声明而产生的**疑问或与本意见声明有关的事项，应只向上述名称的客户提出。 信息查询及联系方式： 信息查询及联系方式： 信息查询及联系方式：
英标管理体系认证（北京）有限公司 北京市建**外大街甲 24 号东海** 2008 室 邮编：100004 电话： 86 10 85073000 英标管理体系认证（北京）有限公司 北京市建**外大街甲 24 号东海** 2008 室 邮编：100004 电话： 86 10 85073000 英标管理体系认证（北京）有限公司 北京市建**外大街甲 24 号东海** 2008 室 邮编：100004 电话： 86 10 85073000
信息查询及联系方式： BSI 集团公司成员 BSI 集团公司成员 BSI 集团公司成员
英标管理体系认证（北京）有限公司 北京市建**外大街甲 24 号东海** 2008 室 邮编：100004 电话： 86 10 85073000
BSI 集团公司成员
Internal Internal Internal Internal
核查声明 核查声明 核查声明 核查声明
产品碳足迹 产品碳足迹 产品碳足迹 产品碳足迹
核查意见声明 核查意见声明 核查意见声明 核查意见声明
兹证明： Zhuhai Pantum Electronics Co., Ltd. 兹证明： 珠海奔图电子有限公司 Zhuhai Pantum Electronics Co., Ltd. 兹证明： 珠海奔图电子有限公司 Zhuhai Pantum Electronics Co., Ltd. 兹证明： 珠海奔图电子有限公司 Zhuhai Pantum Electronics Co., Ltd.
珠海奔图电子有限公司
Building 02, 06, 08 91440400324837464A Building 02, 06, 08 91440400324837464A Building 02, 06, 08 91440400324837464A Building 02, 06, 08
No. 888, Shengping Avenue ** No. 888, Shengping Avenue ** No. 888, Shengping Avenue ** No. 888, Shengping Avenue
**
Pingsha Town 广东省 Pingsha Town 广东省 Pingsha Town 广东省 Pingsha Town
广东省
Zhuhai 珠海市 Zhuhai 珠海市 Zhuhai 珠海市 Zhuhai
珠海市
Guangdong 金湾区平沙镇 Guangdong 金湾区平沙镇 Guangdong 金湾区平沙镇 Guangdong
金湾区平沙镇
升平大道 888 号
China 02 栋、06 栋、08 栋 China 02 栋、06 栋、08 栋 China 02 栋、06 栋、08 栋 China
持有声明: PCFV 793943-4 持有声明: PCFV 793943-5 持有声明: PCFV 793943-6 持有声明: PCFV 793943-7
As a result of carrying out the verification of product life cycle greenhouse gas emissions, it is the opinion of As a result of carrying out the verification of product life cycle greenhouse gas emissions, it is the opinion of As a result of carrying out the verification of product life cycle greenhouse gas emissions, it is the opinion of
As a result of carrying out the verification of product life cycle greenhouse gas emissions, it is the opinion of
BSI with reasonable assurance that基于产品生命周期温室气体排放核查结果，BSI出具合理保证声明如下： BSI with reasonable assurance that基于产品生命周期温室气体排放核查结果，BSI出具合理保证声明如下： BSI with reasonable assurance that基于产品生命周期温室气体排放核查结果，BSI出具合理保证声明如下：
BSI with reasonable assurance that基于产品生命周期温室气体排放核查结果，BSI出具合理保证声明如下：
? The product carbon footprint with the function unit of one BP5115DN Monochrome Laser Printer that prints ? The product carbon footprint with the function unit of one BP5100DW Monochrome Laser Printer that prints ? The product carbon footprint with the function unit of one BP5115DW Monochrome Laser Printer that prints
? The product carbon footprint with the function unit of one BP5100DN Monochrome Laser Printer that prints
every 1000 pages (excluding printing paper) is 2.02 kg of CO2 equivalent. 功能单位为1台BP5115DN黑白激光 every 1000 pages (excluding printing paper) is 2.08 kg of CO2 equivalent. 功能单位为1台BP5100DW黑白激光 every 1000 pages (excluding printing paper) is 2.10 kg of CO2 equivalent. 功能单位为1台BP5115DW黑白激光
every 1000 pages (excluding printing paper) is 2.00 kg of CO2 equivalent. 功能单位为1台BP5100DN黑白激光
单功能打印机每1000页打印（不含打印纸） ，其产品碳足迹为2.02千克二氧化碳当量。 单功能打印机每1000页打印（不含打印纸） ，其产品碳足迹为2.08千克二氧化碳当量。 单功能打印机每1000页打印（不含打印纸） ，其产品碳足迹为2.10千克二氧化碳当量。
单功能打印机每1000页打印（不含打印纸） ，其产品碳足迹为2.00千克二氧化碳当量。
? No material misstatements in this product life cycle greenhouse gas emission statement were revealed. ? No material misstatements in this product life cycle greenhouse gas emission statement were revealed. ? No material misstatements in this product life cycle greenhouse gas emission statement were revealed.
? No material misstatements in this product life cycle greenhouse gas emission statement were revealed.
本产品生命周期温室气体排放声明未发现实质性错误陈述。 本产品生命周期温室气体排放声明未发现实质性错误陈述。 本产品生命周期温室气体排放声明未发现实质性错误陈述。
本产品生命周期温室气体排放声明未发现实质性错误陈述。
? The product life cycle GHG data quality was verified to be acceptable against the requirements of ISO ? The product life cycle GHG data quality was verified to be acceptable against the requirements of ISO ? The product life cycle GHG data quality was verified to be acceptable against the requirements of ISO
? The product life cycle GHG data quality was verified to be acceptable against the requirements of ISO 14067:2018. 产品生命周期温室气体数据质量经验证符合ISO 14067:2018的要求。 14067:2018. 产品生命周期温室气体数据质量经验证符合ISO 14067:2018的要求。 14067:2018. 产品生命周期温室气体数据质量经验证符合ISO 14067:2018的要求。
This statement shall be valid for a maximum period of two years after the latest issue date on this This statement shall be valid for a maximum period of two years after the latest issue date on this This statement shall be valid for a maximum period of two years after the latest issue date on this
This statement shall be valid for a maximum period of two years after the latest issue date on this certificate. Should there be a change in the life cycle of the product whose GHG emissions are being certificate. Should there be a change in the life cycle of the product whose GHG emissions are being certificate. Should there be a change in the life cycle of the product whose GHG emissions are being
certificate. Should there be a change in the life cycle of the product whose GHG emissions are being assessed, the validity of this opinion statement will cease. 本声明有效期最长为本证书**签发日期后两年。 assessed, the validity of this opinion statement will cease. 本声明有效期最长为本证书**签发日期后两年。 assessed, the validity of this opinion statement will cease. 本声明有效期最长为本证书**签发日期后两年。
assessed, the validity of this opinion statement will cease. 本声明有效期最长为本证书**签发日期后两年。 如果正在评估其温室气体排放的产品的生命周期发生变化，本意见声明的有效性将中止。 如果正在评估其温室气体排放的产品的生命周期发生变化，本意见声明的有效性将中止。 如果正在评估其温室气体排放的产品的生命周期发生变化，本意见声明的有效性将中止。
如果正在评估其温室气体排放的产品的生命周期发生变化，本意见声明的有效性将中止。
BSI 代表： BSI 代表： BSI 代表：
BSI 代表： Michael Lam - Managing Director Assurance, APAC Michael Lam - Managing Director Assurance, APAC Michael Lam - Managing Director Assurance, APAC
Michael Lam - Managing Director Assurance, APAC
**发证日期： 2023-09-04 生效日期： 2023-09-04 **发证日期： 2023-09-04 生效日期： 2023-09-04 **发证日期： 2023-09-04 生效日期： 2023-09-04
**发证日期： 2023-09-04 生效日期： 2023-09-04 **发证日期： 2023-09-04 有效期至： 2025-09-03 **发证日期： 2023-09-04 有效期至： 2025-09-03 **发证日期： 2023-09-04 有效期至： 2025-09-03
**发证日期： 2023-09-04 有效期至： 2025-09-03
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BSI 与上述客户没有经济利益关系，独立于上述客户。本意见声明仅为核实上述客户在范围内具体描述的碳排放有关的声明而编写，不用于**其他目的。 在提供意见声明时，BSI 不会接受或承担 BSI 与上述客户没有经济利益关系，独立于上述客户。本意见声明仅为核实上述客户在范围内具体描述的碳排放有关的声明而编写，不用于**其他目的。 在提供意见声明时，BSI 不会接受或承担 BSI 与上述客户没有经济利益关系，独立于上述客户。本意见声明仅为核实上述客户在范围内具体描述的碳排放有关的声明而编写，不用于**其他目的。 在提供意见声明时，BSI 不会接受或承担
BSI 与上述客户没有经济利益关系，独立于上述客户。本意见声明仅为核实上述客户在范围内具体描述的碳排放有关的声明而编写，不用于**其他目的。 在提供意见声明时，BSI 不会接受或承担 法律或其他责任，也不会接受与使用意见声明的**其他目的或阅读意见声明的**人有关的责任。本意见声明是在 BSI 对上述客户提交的信息进行评估的基础上编写的。在进行此类评估时，BSI 法律或其他责任，也不会接受与使用意见声明的**其他目的或阅读意见声明的**人有关的责任。本意见声明是在 BSI 对上述客户提交的信息进行评估的基础上编写的。在进行此类评估时，BSI 法律或其他责任，也不会接受与使用意见声明的**其他目的或阅读意见声明的**人有关的责任。本意见声明是在 BSI 对上述客户提交的信息进行评估的基础上编写的。在进行此类评估时，BSI
法律或其他责任，也不会接受与使用意见声明的**其他目的或阅读意见声明的**人有关的责任。本意见声明是在 BSI 对上述客户提交的信息进行评估的基础上编写的。在进行此类评估时，BSI 假定所有这些信息都是完整和准确的。 因本意见声明而产生的**疑问或与本意见声明有关的事项，应只向上述名称的客户提出。 假定所有这些信息都是完整和准确的。 因本意见声明而产生的**疑问或与本意见声明有关的事项，应只向上述名称的客户提出。 假定所有这些信息都是完整和准确的。 因本意见声明而产生的**疑问或与本意见声明有关的事项，应只向上述名称的客户提出。
假定所有这些信息都是完整和准确的。 因本意见声明而产生的**疑问或与本意见声明有关的事项，应只向上述名称的客户提出。
信息查询及联系方式： 信息查询及联系方式： 信息查询及联系方式：
英标管理体系认证（北京）有限公司 北京市建**外大街甲 24 号东海** 2008 室 邮编：100004 电话： 86 10 85073000 英标管理体系认证（北京）有限公司 北京市建**外大街甲 24 号东海** 2008 室 邮编：100004 电话： 86 10 85073000 英标管理体系认证（北京）有限公司 北京市建**外大街甲 24 号东海** 2008 室 邮编：100004 电话： 86 10 85073000
信息查询及联系方式：
BSI 集团公司成员 BSI 集团公司成员 BSI 集团公司成员
英标管理体系认证（北京）有限公司 北京市建**外大街甲 24 号东海** 2008 室 邮编：100004 电话： 86 10 85073000
BSI 集团公司成员
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
We implement end-of-life management for our products by taking effective measures to ensure the standardized We continuously enhance the domestic electronic waste
recycling system by delivering collected discarded
Users
disposal and recycling of compatible consumables, used printers, and testing equipment, thereby reducing the negative
environmental impact of electronic waste. Given that compatible consumables account for the largest proportion of products to qualified third-party organizations for disposal.
recycled products, we focus on continuously improving the recycling management of this category. In addition, we explicitly provide waste disposal guidelines
in our product user manuals to assist users in properly and
Pantum designated repair center
compliantly handling discarded products.
improve the global electronic waste recycling system.
We carry out the recycling, disposal, and reuse of electronic waste across our global operations through a dedicated In overseas markets, we cooperate with third-party
Sorting
product recycling system. certification bodies to join local recycling systems and
complete the compliance registration of Waste Electrical Renewable Non-renewable
and Electronic Equipment (WEEE), ensuring the effective
Develop detailed electronic waste recycling plans and adopt a unified recycling mechani** for the
recycling of scrapped products in various regions. To
collection and recycling of all proprietary and other products, with the Company conducting audits of
enhance user experience, we provide specialized recycling Comprehensive
bags for consumables. After consumables are depleted,
Recycling
treatment
users can place the empty consumables into the recycling
Electronic waste recycling system (domestic)
bag for unified collection.
Prohibit the export of electronic waste to non-OECD countries in line with international laws and
Restrict the use of persistent organic pollutants (POPs) and related hazardous substances in printer
To optimize the electronic waste recycling process and promote electronic waste recycling programs, we have launched
products. For instance, we practice refined management of halogen materials, such as brominated flame
ink cartridge recycling initiatives in more than 30 countries and regions, including China, Japan, and European countries,
covering multiple well-known brands. Additionally, we have added channels for recycling by mail year by year.
We inform users about the environmental attributes of our products and the recycling processes through product leaflets
Establish a comprehensive recycling system. For compatible consumables, we achieve the circular reuse of and recycling forms included in product packaging. We have also developed a dedicated recycling mini program to provide
but also offer coupons or cash incentives. Consumers who return discarded items to supermarket recycling machines can
receive supermarket coupons for cash discounts while shopping. During the Reporting Period, Pantum launched a trade-in
campaign, allowing users to bring used printers of any brand to regional dealers to exchange for specified Pantum product
models and receive official trade-in subsidies.
Case Activating the consumable recycling market with the G&G brand
Our G&G brand remains committed to green management throughout
the entire product lifecycle, focusing on the recycling and reuse of
empty consumables. Through a mature "Recycle-Remanufacture"
technology, we upgrade and repurpose recycled consumables. Starting
from August 19, 2024, we launched a paid recycling program for
empty shells of original and G&G brand consumables and introduced
a price increase for recycled items, enabling users to "exchange old
consumables for more cash", thus actively stimulating the recycling
market.
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
G&G "Going Green" and "Flashback Recycling Program" 8.2.3.4 Recycle and reuse
To reduce electronic waste pollution and improve the efficiency of electronic waste recycling, we have developed a
Since its establishment, G&G has consistently promoted
The consumer provides The branch cartridge recycling program to recycle empty laser powder cartridges through our own recycling plant, and at the same
product recycling and reuse. For ink cartridge recycling, we
empty and used toner reconciles and time, we clarify, track, and record the process of di**antling, cleaning and utilization, recycling, and treatment of
have launched two major programs: "Going Green" (overseas) cartridge settles
electronic waste to ensure that the whole process is carried out in facilities that comply with local laws and regulations.
and "Flashback Recycling Program" (domestic). For toner
cartridge recycling services, we do not limit the models and
accept all cartridges that are either refilled or unrefilled and
that have intact appearances without powder leakage. At For recyclable materials, For the materials that cannot be For precious metals in electronic
present, the "Flashback Recycling Program" recycling network Empty and used toner
Reconciliation and Reconciliation and we process them for secondary recycled for the time being, waste (mainly copper and gold),
settlement are settlement are
covers key regions such as Beijing-Tianjin-Hebei, the Yangtze cartridge are handed to use. The Company's toner cartridge we tran**er them to an organization we extract them through chemical
conducted upon conducted upon
River Delta, and the Pearl River Delta. The recycling process
local dealers
recycling recycling
recycling center boasts industry- with waste disposal qualifications methods to achieve non-hazardous
is managed in a standardized manner, involving collection by leading toner cartridge recycling for recycling, reuse and disposal in treatment and local recycling of
dealers, on-site pickup by service providers, and compliant and remanufacturing technologies order to save resources and reduce electronic waste.
transportation, ensuring the effective handling of discarded and processes, enabling the reuse environmental pollution.
toner cartridges. The service provider
of waste toner cartridge parts to
The service
The dealer
accepts the order and provider recycles make recycled toner cartridges.
Since 2021, G&G has cumulatively recycled over 90 million ink submits an
recycles discarded discarded products
order
cartridges and toner cartridges, fulfilling its commitment to the products door-to-door door-to-door
sustainable development of the printing industry. In regard to recycling and reuse, we recycled approximately 20,942,000 toner cartridge and ink cartridges in 2024,
effectively promoting recycling and extending product service life. At present, we can recycle 1,360 product models and
will expand the range of recyclable product models to cover more types of products.
To improve recycling efficiency and motivate users to participate in recycling, we recycle products through multiple During the Reporting Period, During the Reporting Period,
channels. The main collection channels include, but are not limited to:
we recycled we achieved
Recycling at designated drop-off locations
used ink cartridges
In selected operating locations, we cooperate with recyclers or dealers to set up recycling bins in stores or
designated recycling points. Users can put the used products into the recycling bins, which will be recycled by the
recyclers or handed over by the dealers to a processing agency with relevant qualifications.
G&G collaborates with Tmall to build the first digital circular economy system for
Case
consumables trade-in in the industry
Mail-in program In August 2024, under the guidance of the Zhuhai Municipal Bureau of Commerce,
the Zhuhai Municipal Ecology and Environment Bureau, and other authorities,
We set up electronic waste recycling programs and accept end-of-life products sent by mail. We have launched the G&G, in collaboration with Tmall, the Zhuhai Printing Equipment and Consumables
"Mailing Bag" Program. For some products, we place recycling bags in product packages to encourage users to Industry Association, Alibaba Foundation, the SEE Foundation, and other
send back discarded products. organizations, jointly launched the "Printing Consumables Green Trade-In Initiative".
This initiative created the industry's first traceable digital circular economy system
End customers can also send them directly to the plant warehouse via the applet. Taking ink cartridges as an for printing consumables, promoted green circular consumption, and contributed to
example, when users run out of ink, they can put the waste ink cartridges in the mailing bag and send them to the the development of Zhuhai as a "Zero-Waste City".
Company via local postal services. We then hand over the discarded products to qualified third-party agencies for In October, our trade-in initiative with
proper treatment to achieve product recycling and reuse. Tmall was succes**ully implemented,
further building a digitalized, intelligent,
and low-carbon recycling network.
Pick-up program This initiative provides users with an
integrated, one-stop service across the
entire chain, from sales, recycling, and
We work with local agents and recyclers in the exporting countries of our original products and the selling areas of
disassembly to reuse. It also connects
other brands, such as Canon and HP, to recycle discarded consumables.
the upstream and downstream of the
industry chain, establishes standards
for circular recycling, and promotes the
concept of a circular economy.
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
We have established a rigorous partner evaluation system and
conduct comprehensive annual qualification audits of recyclers During the Reporting Period, Ninestar
and waste disposal institutions. These audits cover risk asses**ent completed annual audits of 8.3.1 Concept
of business processes, evaluation of internal control systems,
and compliance inspections. We ensure that partners possess the 59 recycling vendors.
We continuously enhance energy efficiency and promote green and low-carbon operations through energy structure
necessary local operating qualifications and adequate electronic optimization and energy-saving technological innovation. We integrate innovation-driven development with sustainability
waste treatment facilities, and we continuously enhance supply to build a systematic energy management system.
chain transparency and operational efficiency.
We strictly comply with laws and regulations such as the Energy Conservation Law of the People's Republic of China ,
the Cleaner Production Promotion Law of the People's Republic of China , and the Administrative Measures for Industrial
Energy Conservation . We have established energy management systems, including the Management System for Electricity
Targets Progress Safety in Factory Workshops and Offices and the Electricity Consumption Asses**ent and Management Provisions ,
revised the Setting and Use Specifications for Central Air Conditioners/Cabinet Air Conditioners/Ceiling Air Conditioners ,
continuously improving energy use efficiency.
In 2024, we succes**ully recycled approximately
Expand the number and range of other products, covering 1,360 product models.
Since 2021, G&G has cumulatively recycled over In April 2025, Zhuhai Pantum Electronics Co., Ltd. obtained ISO 50001 Energy Management Systems certification.
recyclable product models
fulfilling its commitment to the sustainable
development of the printer industry.
We are further improving our electronic waste
Achieve an average annual growth rate of
recycling processes and have expanded our
recycling network across the value chain
next four years
through cooperation with Tmall.
Photovoltaic power supply at the Pingsha Park
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
We have established a layered and distributed energy management system to achieve centralized monitoring of
electricity, gas, compressed air, coal, diesel, water, and other types of energy. The system is managed uniformly by the
functions. Through the collection and analysis of energy data, we can promptly grasp energy usage conditions, formulate
precise energy consumption plans, and promote low-carbon development.
During the Reporting Period, we managed energy in the following ways:
The traditional lighting fixtures in offices, dormitories, and parking lots were replaced with
energy-saving lamps, and lighting hours were controlled by voice and motion sensors.
During the Reporting Period, Geehy Microelectronics replaced over 400 LED lighting fixtures
The operation of air compressors was optimized through the joint control of multiple air
compressor units.
Energy-saving Energy-saving renovation was carried out over the intelligent temperature control system
renovation of for cooling water.
equipment Energy-saving renovation was carried out over the intelligent temperature and humidity
regulation and monitoring system for workshops.
The project of electricity consumption and energy storage of industrial parks was launched.
The temperature of the central air-conditioning system was set to the energy-saving mode
of 26℃ , and the operating hours were optimized based on working hours and weather.
Wall-mounted fans were installed in the dining area for rapid cooling and effective energy
conservation.
Employees were encouraged to participate in air-conditioning power-saving initiatives.
Power-saving measures, such as turning off office power during lunch breaks on workdays
Energy-saving and turning off lights before leaving, were implemented.
control of equipment The control over air compressors was improved, and their output pressure was adjusted
to around 0.6Mpa. Additionally, the air leakage issue in the workshop was remedied. The
available time for air compressors was adjusted based on the workshop's air consumption Image: Energy management system �C Nanping Park, Zhuhai
pattern to avoid no-load operation.
The original water pump was replaced with an inverter servo. A looped network of cooling
water supply was used to enhance the efficiency of the cooling water pump.
Management policies, such as the Office Water and Electricity Management Regulations and
the Workshop Electricity Consumption Regulations, were formulated to standardize the use
requirements of large equipment and lighting fixtures.
The monthly electricity consumption reduction per product in the workshop and of
air compressors was assessed to supervise and improve the management of energy
Regulatory policies conservation and consumption reduction.
and measures An energy management system was adopted. The input and output of the joint control of
multiple air compressor units were tracked via the accounting table to achieve real-time
monitoring and effective control of energy consumption.
Online working was encouraged to reduce unnecessary business travel.
Carpooling was advocated to reduce the use of official vehicles.
Shuttle buses were available for employees to promote public transportation and reduce
the use of private vehicles.
Monthly employee meetings were held to promote energy and water conservation and reuse
of office paper.
Promotion and
Training related to green office, low carbon emissions and environmental protection,
implementation of
resource conservation, and waste classification was organized.
energy conservation
Image: Energy management system �C Pingsha Park, Zhuhai
Energy-saving tips and guidelines were pasted on air conditioners and light switches, to
and emission
cultivate the habits of keeping the air-conditioning temperature no lower than 26 degrees
reduction
and turning off lights before leaving.
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
We actively promote the application of clean energy. Since 2018, we have comprehensively installed solar photovoltaic
panels, capable of generating up to 6.6472 million kWh of clean electricity annually under ideal weather conditions. The photovoltaic power generation NEVs were purchased for
During the Reporting Period, we continued to expand the application of clean energy, with multiple photovoltaic power equipment in 2024 amounted to official use
generation projects progressing steadily. The photovoltaic power station project at Pingsha Park, Zhuhai, has been
completed, the 3 MW rooftop photovoltaic project at Nanping Park, Zhuhai, has been completed, and the 6 MW rooftop
photovoltaic project in Hefei has commenced. Additionally, we have purchased new energy vehicles for short-distance
travel and transportation and installed solar water heating systems in employee dormitories.
Using clean energy to power the plant ESG Indicators Unit Data in 2024
Purchase electricity usage 10,000 kWh 3,719.49
Photovoltaic power generation equipment
(self-consumed)
Gasoline usage Liter 107,019.50
Diesel usage Liter 22,840.00
Total overall energy consumption Tons of standard coal equivalent 5,533.45
Direct energy consumption Tons of standard coal equivalent 962.19
Indirect energy consumption Tons of standard coal equivalent 4,571.26
Low-voltage room photovoltaic grid-connected Photovoltaic project power control cabinet Comprehensive energy consumption intensity Tons of standard coal/RMB 10,000 of revenue 0.0021
cabinet
Direct Greenhouse gas (GHG) emissions (Scope 1) tCO2e 302.85
Indirect Greenhouse gas (GHG) emissions (Scope
tCO2e 19,958.79
Total Greenhouse gas (GHG) emissions tCO2e 20,261.65
Greenhouse gas (GHG) emission intensity Tons of CO2 equivalent/RMB 10,000 of revenue 0.0077
Targets Annual progress
We established a hierarchical and distributed
Establish an energy monitoring system to realize energy management system, achieving unified
real-time monitoring and precise analysis of plant group-wide regulation of multiple types of
energy consumption energy, with real-time monitoring, comprehensive
analysis, and quality control functions.
Actively obtain an energy management system Zhuhai Pantum Electronics Co., Ltd. obtained ISO
certification 50001 Energy Management Systems certification.
The central air-conditioning system was
Enhance temperature, humidity, and refrigeration optimized to provide constant temperature and
humidity for areas with temperature and humidity
controls to conserve water, electricity, and gas
requirements and practice separate cooling
Bird's-eye view of photovoltaic power generation in Nanping Park and reduce energy consumption
control in other areas.
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
Our operational hazardous waste includes waste packaging drums,
dispose of all untreated hazardous waste in accordance with waste for this year was
relevant regulations and tran**er it to qualified hazardous emissions
We strictly comply with national regulations on emissions management and continuously promote source reduction of
waste gas, wastewater, and solid waste through technological innovation and process optimization. We actively respond
management companies for disposal. Each year, we conduct periodic
pollutant monitoring as required by pollutant discharge permits and
to stakeholder demands and continuously improve our environmental management measures. self-monitoring requirements to ensure compliant emissions.
We have established a comprehensive emissions management system and developed standardized documents such as
the Safety Operation and Maintenance Regulations for Sealed Drum Recycling Organic Waste Gas Treatment Equipment ,
Safety Operation and Maintenance Regulations for Waste Gas Treatment Equipment, Wastewater Discharge Regulations, The non-hazardous wastes generated during our operations mainly include recyclable materials such as wastepaper
Safety Operation and Maintenance Regulations for Sewage Treatment , and Guidelines for Waste Classification and and non-recyclable materials such as household waste and kitchen waste. For recyclable waste, we conduct specialized
Treatment. These documents strengthen employee operational standards and emergency response capabilities, ensuring training on waste classification and follow household waste classification guidelines for disposal and collection. We also
compliance and safety while effectively safeguarding employee occupational health and the environmental quality of engage qualified third-party organizations for waste transportation, recycling, and treatment. Through conducting annual
surrounding communities. on-site audits of waste recycling companies, we ensure the compliant management of waste. Non-recyclable waste is
disposed of in accordance with local regulations by qualified third-party organizations designated by the park.
The waste gases generated during our operations mainly include laser coding exhaust, powder filling dust, and kitchen
fumes. We strictly comply with the Limits for Atmospheric Pollutants Emissions and centralize the collection of particulate
dust and organic waste gases (such as benzene and toluene). These gases are purified through dust removal systems Targets Progress
using bag filtration and activated carbon adsorption processes before being discharged at high altitudes in compliance
with standards. Hazardous wastes such as waste toner and spent activated carbon are disposed of in strict accordance
with environmental protection regulations. Kitchen fumes are treated through specialized purification devices before We reviewed and optimized production,
discharge. transportation, and sales processes, and
improved packaging.
Optimize production, transportation, and
hazardous waste cartridge scrappage and minimized product
scrappage resulting from returns and
We strictly comply with the Law of the
unpacking.
People's Republic of China on Prevention
and Control of Environmental Pollution
by Solid Waste , the Standard for
Pollution Control on the Non-hazardous
We reduced waste weight through the
Industrial Solid Waste Storage and Improve production and recycling processes
dehydration of discarded sponges and the
Landfill (GB 18599-2020), and other laws to reduce waste weight
extraction of ink from discarded cartridges.
and regulations. We have established
management policies such as Waste
Classification and Disposal Regulations,
Pollution Prevention Procedures , and We advanced the formulation and
Emissions Management Regulations . In implementation of dust removal system
addition, in accordance with HJ1276- Optimize dust removal systems to enhance optimization plans, completed system
signage at storage sites to further
purification efficiency.
enhance employee awareness of waste
reduction and harmless treatment. Posting standardized waste disposal signage at storage sites
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
We attach great importance to the conservation and protection of water resources. Through the continuous application
of advanced technologies and management practices, we promote the intensive and efficient use of water resources.
We continuously improve our systems for water reuse and recycling to comprehensively enhance water use efficiency
throughout our operations.
We strictly comply with laws and regulations such as the Water Law of the People's Republic of China and the Water
Pollution Prevention and Control Law of the People's Republic of China . We have formulated management systems,
including the Environmental Management Policies , the Energy Management Regulations , and the Wastewater Discharge
Management Regulations of the Consumables Business Unit , to define the environmental management framework and Water resource recycling facilities Lawn sprinkler systems in Nanping Park
responsibilities, and to regulate requirements for concentrated ink collection.
We rigorously implement the Discharge Standard of Water Pollutants for Printing Ink Industry (GB25463-2010), exercise
graded management of industrial wastewater at the source to reduce the impact of wastewater concentration fluctuations
Case Optimizing ink cartridge recycling and cleaning technology
on the treatment process, and achieve sustainable utilization of water resources through effective water-saving measures,
reasonable water resource planning, and efficient wastewater treatment solutions.
Through process optimization and technological upgrades, we have significantly improved water use
efficiency in the ink cartridge recycling and cleaning process. After adjusting the water-filling machine
program, the number of cleaning cycles was reduced from five to three, and the water consumption per cycle
cleaning process to replace the original manual flushing method. These improvements are expected to save
approximately 15 to 18 tons of water annually.
During the Reporting Period, we conducted the management and promotion of our water resources in the following ways:
Conducting regular wastewater sampling, introducing testing equipment, and continuously monitoring
indicators such as pH, Chemical Oxygen Demand (COD), and ammonia nitrogen throughout the year to ensure
that wastewater meets the requirements of GRI 303 standards.
Adopting a constant-pressure water supply system and dividing the supply into high and low zones to meet
the water demand of resident employees during peak hours in the morning and evening.
Conducting random inspections of water usage in workshops to prevent water waste. In accordance with
discharge permit requirements, engaging qualified external monitoring agencies to test the treated effluent
to ensure water quality significantly exceeds national discharge standards.
Establishing water usage ledgers at the Company and operating center levels, conducting monthly data
collection to promptly identify and rectify abnormal water usage.
Assigning dedicated personnel to manage park water usage, regularly monitoring water meter readings,
promptly identifying and reporting leaks for repair to prevent occurrences of "running, bubbling, dripping,
and leaking".
Conducting comprehensive disinfection, cleaning, and testing of domestic water tanks once a year to ensure
water quality safety.
Posting water-saving slogans and posters to continuously enhance employees' awareness of water
conservation, ensuring that water is turned off when not in use and strictly controlling continuous water flow.
Ink cartridge recycling and cleaning technology
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
We recycled water in the following ways:
Wastewater treatment and water pollution control
In accordance with the Discharge Standard of Water Pollutants for Printing Ink Industry (GB25463-
wastewater and domestic wastewater. The wastewater is discharged through the pipeline network into
the water purification plant for further treatment after pre-treatment and comprehensive treatment.
Professional wastewater treatment engineers monitor wastewater generated from the cleaning and
recycling of ink cartridges and the production of ink, conducting water quality analysis every four hours
to ensure compliance and to recycle treated water for landscaping irrigation and toilet flushing within
the park. Sprinkler irrigation using recycled treated wastewater
We built our own wastewater treatment station in the park, covering an area of 1,500 square meters,
treating approximately 180,000 tons of wastewater annually.
Water resource recycling
To reduce water consumption, we recycled the cooling water of the injection molding machine and
wastewater from wastewater treatment stations. Total industrial wastewater discharged in
We designed and built sponge city systems in our two major industrial parks to recycle and reuse Total water consumption Total water consumption intensity 2024 was approximately
rainwater and improve water utilization efficiency.
Water supply and water quality disinfection 879,953.98 tons 0.33 tons/RMB 10,000 of revenue 31,078 tons
The municipal water supply is filtered and flows into the domestic water tank, which is equipped with
a disinfection device. The final pressurized water supply is used by various business departments and
residents.
Targets Progress
Implement hierarchical control of wastewater
discharges at source to reduce the difficulty of
wastewater treatment
Through technical upgrades in wastewater
Strictly implement a 24-hour duty system and a 4-hour
treatment production, approximately
water quality testing system to ensure that wastewater
treatment meets discharge standards
Of the total water saved in 2024,
Maintain equipment and facilities in strict accordance
approximately 35,115 tons were reused
with the requirements, and effectively manage the
for filter pressing, 10,936 tons for toilet
important spare parts to ensure the stable operation
flushing, and 1,080 tons for chemical
of sewage treatment equipment
preparation.
Replace the central air-conditioning cooling water
towers from traditional round towers to square towers,
with estimated water savings of 2,000 tons in 2024
Bird's-eye view of the Nanping Park wastewater treatment station
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
carbon footprint: We optimize printer design through technological innovation and
research and develop low-carbon printing technologies, such as using eco-friendly inks
the "Green Products" section.
According to the Global Risks Report published by the World Economic Forum (WEF), climate-related issues rank among Enhancing energy efficiency and using renewable energy: We prioritize the use of
the top ten global risks over the next decade. Climate change has been incorporated as a key agenda item into our Climate change renewable energy sources such as solar and wind energy in production processes. For
sustainability governance framework. In addition, we have established dedicated management bodies specifically for mitigation more information, please refer to the "Energy management" section.
energy conservation, emissions reduction, and disaster emergency management.
We oversee the management of climate-related risks and opportunities,
regularly review the response to climate risks and the asses**ent of Risk identification and asses**ent: We conduct climate risk asses**ents across our global
Governance ESG Committee climate opportunities, and focus on strategies and targets related to production sites, supply chain, and operations to identify vulnerable areas and develop
climate change, such as energy conservation, emergency management, corresponding response strategies.
and climate risk asses**ents. Enhancing resilience to natural disasters: In response to natural disasters potentially
caused by climate change, such as floods and typhoons, we strengthen infrastructure and
We identify and assess climate risks and opportunities, incorporate them emergency preparedness to ensure the safety of production and personnel.
into daily operations and long-term planning, and are responsible for Adjusting business strategies: We adapt our business strategies according to the impacts
ESG Working Group implementing specific ESG management plans to ensure that climate risk of climate change, shifting towards more environmentally friendly products and services
Climate change
Management
management is consistently integrated into all business processes and to meet evolving market demands.
adaptation
decision-making.
Energy conservation and emissions reduction: We centrally manage
initiatives related to energy conservation and emissions reduction, set Case G&G was invited to attend the 2024 Zero-Carbon Mission International Climate Summit
and monitor targets for energy savings and emissions reductions, analyze
and promote optimization opportunities in production activities, and
In October, the 2024 Zero-Carbon Mission International Climate Summit, themed "Climate Ambition and
implement energy management measures.
Specialized Safety Committee Global Action", was grandly held at the Phoenix Center in Beijing. The summit aimed to build a dialogue
Environmental risk warning: We formulate emergency response plans for
management Office platform for stakeholders to participate in climate action and to jointly explore strategies and actions to
sudden environmental incidents.
address climate change.
Response to extreme weather: We develop emergency response plans for
extreme weather events, closely monitor natural disaster warnings and Zhuhai G&G Digital Technology Co., Ltd. participated in a key high-level roundtable discussion themed
severity levels issued by authoritative organizations and take appropriate "Connecting to a Sustainable Future - Supply Chain ESG and Innovation in Low-Carbon Tran**ormation",
protective measures accordingly. engaging with stakeholders from various sectors to explore the sustainable development direction for China's
future. G&G also shared its practices in the development of eco-friendly consumables, the promotion of green
packaging, the reduction of packaging materials, and the establishment of product recycling networks.
As a leading global printer manufacturer, we deeply recognize that
climate change is not only a global environmental crisis but also a
significant challenge to corporate operating models and long-term
value creation. We firmly believe that printing devices and services
play an irreplaceable role in helping customers address climate-related
risks and achieve low-carbon transitions.
To this end, we are committed to advancing green tran**ormation from
both the mitigation and adaptation perspectives. We continuously
set internal emission reduction targets and adopt a range of specific
policies and measures, such as increasing investment in clean energy,
improving production processes, and promoting energy-efficient
technologies, aiming to utilize resources more efficiently. Roundtable discussion
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
scenario
High-emission
scenario
Category Risk item Potential risks Countermeasure
During the Reporting Period, we incorporated climate scenario analysis into our climate risk asses**ent. Based on data 2030 2050 2030 2050
from the Sixth Asses**ent Report (AR6) issued by the Intergovernmental Panel on Climate Change (IPCC), we established
high-emission and low-emission scenarios to assess potential risks and opportunities. To gain a detailed understanding of It may lead to damage
the potential impact of various climate-related risks and opportunities on the Company, we categorized the timelines for to park facilities,
the occurrence of climate-related risk and opportunity events into short term (1 year), medium term (2025�C2030), and long interruption of
term (2031�C2050), and evaluated the timeframes of the identified risks and opportunities accordingly. operations, and loss Reinforce infrastructure in
of goods, affecting the work zones and factories
Typhoon normal operation and and strengthen water
Medium-term Long-term
causing direct economic supply and drainage
temperature rise temperature rise
Scenario type Scenario description losses management
assumption (2021�C assumption (2041-
safety injuries for park
With continued increases in greenhouse gas emissions and plant workers
High-emission
over time, global warming intensifies, leading to more
scenario SSP5- 1.5℃ 1.7℃
frequent extreme weather events such as hurricanes
and floods Precipitation Enhance the drainage system
equipment and
of the park to ensure effective
Acute inventory, affecting
Through strict and effective emission reduction drainage in case of heavy
Low-emission production efficiency and
measures, greenhouse gas emissions gradually Fluvial rainfall and prevent flooding
scenario SSP5- 1.5℃ 2.4℃ logistics continuity
decrease, and extreme weather events may be flooding
mitigated
Low Ensure normal equipment
temperature It may lead to operation under low-
The geographical locations of different operational sites influence the degree of exposure to specific climate risks.
and difficulties in and prevent startup
Given that the value and output of our existing assets (calculated based on fixed assets, machinery and equipment,
Snowfall equipment startup difficulties caused by
transportation equipment, and office equipment) are primarily concentrated in the Nanping Park in Xiangzhou District and
sudden temperature drops
the Pingsha Park in Jinwan District of Zhuhai, as well as the park located in Hefei, we have focused our asses**ent on the It may cause damage
potential climate-related physical risks faced by these areas.
Regularly check the wind
to light structures,
resistance of equipment
Strong wind
For physical risks, we identified and prioritized multiple risks, including typhoons, rainfall, strong winds, and sea level rise.
delays in logistics, and
and facilities, and reinforce
Based on the results of the analysis, the risk associated with typhoon events may be relatively high. Although typhoons
safety hazards in daily
vulnerable parts
are generally predictable (typically with about a week's notice), their strong winds and heavy rainfall still pose significant
operations
challenges to business operations. Going forward, we will emphasize strengthening our response to typhoon events, Ensure that production
including building an emergency management system, developing comprehensive emergency response plans, planning equipment is equipped with
emergency evacuation routes and post-disaster recovery plans, and maintaining reserves of emergency consumables and It may increase the effective cooling systems;
rescue teams. failure rate of equipment, upgrade park and plant
elevate employee safety equipment and operational
High procedures to prevent
risks, reduce overall
temperature equipment damage caused
work efficiency, and raise
equipment maintenance by overheating
Chronic
and replacement costs Provide necessary heat
protection measures for
employees
It may damage
Continuously monitor sea
infrastructure and
Sea level rise level changes and assess
affect the long-term
settlement risks
operational stability
Low Medium High
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
For transition risks, we conducted an analysis based on the major categories of risks (policy and legal risks, technology Consumers are more inclined to buy products with Improve business diversification: Explore
risks, market risks, etc.) recommended by IFRS S2. As major global economies continue to enhance climate change- recycled plastic and better end-of-life management and develop green products, continue
related policies and regulations, and with China's "1 N" policy framework and legislation such as the EU's CSRD
of products. We need to invest more in R&D of to promote the R&D and production
becoming increasingly stringent, we must pay particular attention to a series of tran**ormation risks arising from policy
green and low-carbon products to meet the market of labelers and A3 printers with low-
carbon design, and obtain relevant green
developments. In addition, under the pressure of restrictive policies, rising energy and raw material costs, low-carbon
Risks demand
certifications
technology risks, energy structure adjustments, and carbon compliance risks are also becoming risks that we will need to
Electronic waste full life cycle management
closely monitor in the future.
requirements are becoming more stringent. To Enhance market adaptability: The strategy
Market a certain extent, we need to increase the cost departments need to adjust business
To this end, we will closely monitor domestic and international climate policies, changes in upstream and downstream
investment in the recycling business strategies to respond to changes in demand
market demands, technological innovations, adjustments in the energy structure, and the development of low-carbon
and market volatility through market
products. We will also proactively tran**orm potential risks into opportunities through forward-looking strategies to
research and data analysis
ensure that we can adapt to and respond to ever-changing external demands.
Green business opportunities: With the low-
Increase customer communication:
carbon transition, new business opportunities may
Conduct research and communicate
Opportunities arise, such as the development and application of
with key customers on their green and
Classification Category Description of potential risks Countermeasure renewable energy such as rooftop photovoltaics in
sustainable development preferences
parks
Carbon emission restrictions: As national and Deepen the understanding of policies and Public expectations: Stakeholders such as
regional carbon emission restrictions become laws: Study the trends of regulations in domestic and international consumers have
Take more social responsibilities: Improve
more stringent, we may be required to pay higher different countries and local governments, increasing expectations of corporate environmental
corporate image and brand value by
carbon taxes or comply with more stringent carbon understand the relevant green incentives responsibility. Failure to respond effectively to
Risks actively carrying out and participating
emission standards, which may result in higher and subsidies, conduct business layout in climate change or to take appropriate environmental
in social and ecological environmental
operating costs advance, and flexibly adjust the operation protection measures could damage its brand and
protection activities
Tighter environmental regulations: New or stricter strategy reputation and affect its business relationships and
market position Communicate efficiently and transparently:
environmental regulations (e.g., emission standards,
Actively participate in industry- Establish an effective communication
energy efficiency requirements) may require us to Reputation
Risks related policy making: Cooperate with mechani**, strengthen information
invest in environmentally friendly technologies or
governmental organizations to deeply disclosure, and timely convey to the
improve operational processes, which may result in Brand image improvement: Actively addressing
participate in the discussion and public and stakeholders the enterprise's
Policies and additional financial costs Opportunities climate change and implementing sustainable
formulation process of industry-related environmental protection actions and
laws Tightening of compliance requirements for overseas development strategies can enhance our reputation
regulations and policies effectiveness
sales: Countries and regions such as the EU and the
U.S. have higher standards for climate change and Sort out carbon assets: Systematically sort
product life cycle carbon emissions management, out our carbon assets, explore cooperative
which will affect our overseas business and bring opportunities in the "electricity-carbo
certain compliance costs n" market, and tap into carbon market
opportunities
Green financing: Investors and financial institutions
Understand the regulatory requirements
of different countries and the regulatory
are more inclined to invest in green and clean details of key markets, select key products,
Opportunities and promote product carbon footprint
energy projects, and governments may enact green
Targets Annual progress
incentives and subsidies management in an orderly manner
Green technology tran**ormation: With the Invest in green technologies: Actively invest
development of low carbon green technology, we in and apply low-carbon technologies and We strive to achieve net-zero carbon emissions In 2024, we actively advanced photovoltaic
from our operations by improving energy power generation projects, with total
need to gradually increase our R&D and investment clean energy, such as solar energy, BIPV
Risks
efficiency, using cleaner energy sources, and PV electricity consumption reaching
in clean technology to improve energy efficiency R&D applications
optimizing production processes approximately 6,647,200 kWh.
and reduce pollution to meet environmental
Increase R&D investments: Increase R&D
requirements
investment, explore new environmental
technologies and management methods,
Technology
Technological innovation and efficiency and pay attention to cutting-edge green
improvement: Green technology tran**ormation can technologies
Opportunities drive our technological innovation, improve energy
Enhance green cooperation: Actively seek
efficiency, recycle resources, and reduce pollutant
technology partners or suppliers to jointly
emissions, thus creating a virtuous cycle
develop green solutions
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
ESG Indicator Category Unit Data in 2023 Data in 2024
Purchased electricity usage 10,000 kWh 3,194.27 3,719.49
Photovoltaic power generation
Gasoline usage Liter 75,609.14 107,019.50
ESG Report
Diesel usage Liter 37,395.75 22,840.00
Tons of standard coal
Environmental Performance6 Energy10 Total overall energy consumption
equivalent
ESG Indicator Category Unit Data in 2023 Data in 2024 Tons of standard coal
Direct energy consumption 388.83 962.19
equivalent
Direct greenhouse gas (GHG)
tCO2e 269.46 302.85 Tons of standard coal
emissions (Scope 1) Indirect energy consumption 3,925.76 4,571.26
equivalent
Indirect greenhouse gas (GHG)
tCO2e 18,216.94 19,958.79 Comprehensive energy consumption Tons of standard coal/RMB
emissions (Scope 2) 0.0018 0.0021
intensity 10,000 of revenue
Total greenhouse gas (GHG) emissions tCO2e 18,486.40 20,261.65
Greenhouse gas (GHG) emission Tons of CO2 equivalent/
intensity RMB 10,000 revenue
COD tons 11.50 4.59 Social Performance
Suspended solids tons 0.74 6.43
ESG Indicator Category Unit Data in 2023 Data in 2024
Petroleum tons 0.04 0.04
Emissions 7
Total number of employees Persons 21,997 23,139
Animal and vegetable oil tons 0.03 0.10
Number of employees by gender
Anilines tons 0.02 0.07
Number of male employees % 58 57.98
Five-day biochemical oxygen demand
tons 2.92 1.60
(BOD5) Number of female employees % 42 42.02
Particulate matter tons 2.19 2.61 Number of employees by educational background
Total VOCs tons 1.98 0.66 Junior college or below % 61.01 64.19
Total water consumption tons 1,039,532.69 879,953.98 Undergraduate % 31.79 29.74
Total water consumption intensity tons/ RMB 10,000 revenue 0.43 0.33 Graduate or above % 7.20 6.07
Total industrial wastewater8 tons 27,460.00 31,078.00 Employment 11
Number of employees by age group
Total hazardous waste disposal tons 259.49 219.59 Employees aged 29 and below % 39.77 42.33
Total general waste disposal 9
tons 1,765.59 2,109.54 Employees aged 30-49 % 48.85 47.00
Waste
Office waste emissions tons 595.44 834.32 Employees aged 50 or above % 11.38 10.67
management
Production waste (unrecyclable) Number of employees by geographical region
tons 1,170.15 1,275.22
emissions Chinese mainland % 58.32 64.45
Environmental data were collected from January 1, 2024 to December 31, 2024. During the Reporting Period, in order to enhance the data quality Hong Kong, Macao and Taiwan % 0.02 0.06
and comparability, the Company further improved the statistical methods and caliber of energy. We re-verified and corrected some relevant data for
the year 2023. Please refer to the restated data in this report for the relevant indicators in 2023.
Overseas % 41.66 35.49
The scope of the collection includes: Employee turnover 12
% 10.20 17.80
• Energy use in the office area and production area of our headquarters and subsidiaries;
• Energy use of official vehicles and transportation vehicles of our headquarters and subsidiaries;
The disclosed values of greenhouse gas emissions include consumption of gasoline, diesel, and outsourced electricity. Scope 1 emission factors are
calculated with reference to the Guidelines for Accounting Methods and Reporting of Greenhouse Gas Emissions by Public Construction Operators 10
The energy consumption values include the consumption of gasoline, diesel, renewable electricity and outsourced electricity, the relevant factors
(Enterprises) (Trial) issued by the General Office of the National Development and Reform Commission of China; Scope 2 greenhouse gas emissions of which are calculated with reference to GB 2589-2020 General Principles for Calculation of the Comprehensive Energy Consumption of China.
data are derived from outsourced electricity, and greenhouse gas emission factors of the power grid in Chinese Mainland refer to the Notice on the 11
Due to local laws and regulations, some overseas subsidiaries could not provide age and gender data of the employees.
Management of Greenhouse Gas Emission Reporting of Enterprises in the Power Generation Industry from 2023 to 2025. 12
The statistical scope of the employee turnover covers the functional personnel of Ninestar Corporation. In 2024, the Company improved the
During the Reporting Period, the Company further refined the statistical caliber of industrial wastewater. We have included all subsidiaries of the statistical mechani**, included overseas personnel in the data scope, and carried out some business adjustments. Therefore, there were certain
Group in the statistical scope. Meanwhile, we re-verified and corrected the data on the total industrial wastewater in 2023. changes in the data.
Our non-hazardous waste consists of office waste generated in the office area and production waste from each subsidiary.
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
ESG Indicator Category Unit Data in 2023 Data in 2024 9.2 Appendix II Content Index of Global Reporting
Number of employee deaths related
Persons 0 0 Initiative (GRI) Standards
to work in the past three years
Occupational Number of working days lost due to
Days 0 311 Instructions for We report the information referenced in this GRI Content Index by reference to GRI standards for
Health and work-related injury during the year
use the period January 1, 2024 through December 31, 2024.
Safety Safety incidents Cases 0 0
GRI 1 GRI 1: Basis 2021
Training hours of production safety
Hours 35,638 14,409
and occupational health
No. Indicator Disclosure Item Sections
Total number of trained employees Persons 8,206 10,216
Total number of trained employees by gender
Trained male employees Persons 4,817 5,978 2 About the Report
reporting
Trained female employees Persons 3,389 4,238 3 2-3 Reporting Period, frequency and contact point About the Report
Training and Total training hours of employees 13
Hours 65,648 81,525 4 2-4 Restatements of information About Ninestar
Education
Total training hours of employees by gender 5 2-5 External assurance /
Average training hours of male 6 2-6 Activities, value chain and other business relationships About Ninestar
Hours 8 8
employees Employees' Rights, Interests,
Diversity and Equity
Average training hours of female
Hours 8 8 Employees' Rights, Interests,
employees 8 2-8 Workers who are not employees
Diversity and Equity
Total number of suppliers with 9 2-9 Governance structure and composition Corporate Governance
Supplier Suppliers 1,287 1,649
business dealings
Management 10 2-10 Nomination and selection of the highest governance body Corporate Governance
Number of audited suppliers Suppliers 705 1,328
Customer Received and handled cases of 2-12 Role of the highest governance body in overseeing the management of
Cases 3,264 4,071 12 Corporate Governance
Service product and service complaints impacts
Number of concluded corruption 13 2-13 Delegation of responsibility for managing impacts Corporate Governance
Anti-
lawsuits brought against the issuers Cases 0 1 2-14 Role of the highest governance body in sustainable development
corruption 14 Corporate Governance
or employees reporting
GRI 2: General
Disclosures
Economic Performance
Employees' Rights, Interests,
ESG Indicator Category Unit Data in 2023 Data in 2024 19 2-19 Remuneration policies
Diversity and Equity
Training Employees' Rights, Interests,
Total amount invested in employee 20 2-20 Process to determine remuneration
and RMB 10,000 384 320.55 Diversity and Equity
training
Education 21 2-21 Annual total compensation ratio /
Local Implementing ESG
Investment in social assistance RMB 10,000 133 804.23 Management
Community
Implementing ESG
Production Total amount invested in production Management
RMB 10,000 2,019.55 2,187.26
Safety safety Implementing ESG
Management
Implementing ESG
Due to the optimization of the management mechani**, the data for 2023 has been retrospectively adjusted. Management
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
No. Indicator Disclosure Item Sections No. Indicator Disclosure Item Sections
GRI 2: General 304-1 Operational sites owned, leased, managed in, or adjacent to,
Disclosures 64 protected areas and areas of high biodiversity value outside protected N/A
Implementing ESG areas
Management 304-2 Significant impacts of activities, products, and services on
GRI 3: Material Implementing ESG Biodiversity biodiversity
Topics Management 66 304-3 Habitats protected or restored N/A
Implementing ESG
Management 67 N/A
habitats in areas affected by operations
Economic climate change
Emissions
minimum wage
Presence 73 305-6 Emissions of ozone-depleting substances (ODS) /
emissions
GRI 204:
Responsible Supply Chain 76 306-2 Actions taken to prevent waste generation Waste Management
Management
Practices 77 GRI 306: Waste 306-3 Composition of waste generated 2024 ESG Report
Business Ethics and Anti-
Corruption
GRI 205: Anti- 205-2 Communication and training about anti-corruption policies and Business Ethics and Anti- 79 306-5 Disposal operations Waste Management
corruption procedures Corruption
Responsible Supply Chain
Business Ethics and Anti- 80 GRI 308: Supplier 308-1 New suppliers that were screened using environmental criteria
Corruption Environmental
GRI 206: Anti- 81 Asses**ent
monopoly practices Corruption
Behavior 82 401-1 New employee hires and employee turnover 2024 ESG Report
Employment temporary or part-time employees Diversity and Equity
GRI 207: Tax 84 401-3 Parental leave
tax GRI 402: Labor Employees' Rights, Interests,
Occupational Health and
Safety
GRI 301: Occupational Health and
Materials Safety
Safety
Occupational Health and
Safety
Occupational
Occupational Health and
Safety
impacts directly linked by business relationships Safety
GRI 303: Water 403-8 Workers covered by an occupational health and safety Occupational Health and
and Effluents management system Safety
Safety
Occupational Health and
Ninestar Corporation 2024 Environmental, Social and Governance (ESG) Report
No. Indicator Disclosure Item Sections 9.3 Appendix III Feedback Form
and Education programs Dear readers:
career development reviews Thank you for reading the Report. This is our Environmental, Social and Governance (ESG) Report 2024. We sincerely hope
Employees' Rights, Interests, that you could evaluate the Report and provide valuable comments to help us make continuous improvement.
and Equal Diversity and Equity
GRI 406: Non- Employees' Rights, Interests,
discrimination Diversity and Equity
GRI 407: Freedom
of Association 407-1 Operations and suppliers in which the right to freedom of Employees' Rights, Interests,
and Collective association and right of collective bargaining may be at risk Diversity and Equity
Bargaining Name: Tel.:
GRI 408: Child 408-1 Operations and suppliers at significant risk for incidents of child Employees' Rights, Interests,
Labor labor Diversity and Equity Work unit: Email:
GRI 409: Forced
or compulsory labor Diversity and Equity
Labor
GRI 410: Security
Practices
GRI 411: Rights
Peoples
GRI 413: Local asses**ents, and development programs governance?
Communities 413-2 Operations with significant actual and potential negative impacts
on local communities □ Great □ Good □ Average
Responsible Supply Chain
Management
Supplier Social
Responsible Supply Chain
Management
GRI 415: Public
Policy
service categories
Customer Health
impacts of products and services
GRI 417: 417-2 Incidents of non-compliance concerning product and service
information and labeling
Labeling
communications
GRI 418: 418-1 Substantiated complaints concerning breaches of customer Privacy and Information What information do you think you need to know that is not reflected in the Report?
Customer Privacy privacy and losses of customer data Security
Do you have any other suggestions for us to issue the ESG Report?
