On March 28, 2024, Shengyi Electronics (688183.SH) released the 2023 Social Responsibility Report. This is the company's second independent social responsibility report since it went public in 2021.

In February this year, the Shanghai Stock Exchange, the Shenzhen Stock Exchange and the Beijing Stock Exchange respectively issued the Guidelines on Sustainable Development Reporting, encouraging A- share listed companies to issue sustainable development reports or ESG reports, and put forward specific requirements for the framework and content of the reports. For manufacturing companies such as Shengyi Electronics, the disclosure of social responsibility reports under the guidance of the dual carbon target shows the company's determination to move towards a sustainable enterprise.

Shengyi Electronics was established in 1985 and is a national high-tech enterprise specializing in the production of high-precision, high-density and high-quality printed circuit boards. Since the establishment of the company, it has formed an ESG concept and culture with beneficial characteristics, with "quality first, safety first, environmental protection first" as the bottom line, to help achieve the goal of shareholder sharing, employee sharing and social sharing, and to fulfill the original mission and responsibility of serving the country by enterprise action.

Enabling Sustainable Development

Shengyi Electronics optimizes organizational control, builds a modern corporate governance system for sustainable development, strives to maintain the company's capital market image, and empowers the sustainable development of the company.

In terms of quality management, the company unswervingly implements the quality policy of "full participation, continuous improvement, always pursuing zero defects, and providing products and services that satisfy customers", and has established a quality management system suitable for the company's operating characteristics. In 2023, in order to better and more comprehensively sort out the key work and direction of quality, Shengyi Electronics launched the 2023 quality planning conference. The quality center of the company plans and discusses the early warning of external quality cases, the promotion of quality culture of on-board products and the internal key quality indicators, and outputs the overall work direction and general principles of the group in 2023, including the work requirements and contents of quality planning and quality control, so as to continuously improve customer satisfaction. No product recalls occurred during the reporting period.

In terms of corporate governance, Shengyi Electronics has always adhered to the market-oriented and professional orientation, with the board of directors as the core leadership force, committed to continuously improving and consolidating the level of corporate governance, ensuring the standardized operation of corporate governance, and actively maintaining the company's capital market image. The Company continues to optimize and improve its governance system, effectively protect shareholders' rights and interests, and pay great attention to information disclosure and investor relations management. In 2023, the company carefully organized four performance briefings and carried out as many as 34 exchange activities with institutions, covering 209 institutions. In addition, the company responded to investor emails 10 times in a timely manner, answered 93 questions on the E interactive platform, and disclosed 7 records of investor relations activities. These measures effectively deepened investors' understanding of the company's business and enhanced their understanding of the company. Recognition of investment value.

""

Shengyi Electronics attaches great importance to corporate social responsibility, with the mission of "providing products and services with customer satisfaction, realizing the win-win situation of employees, shareholders, partners and social interests", adhering to the business philosophy of "quality first, customer satisfaction, reform and innovation, and taking on win-win", paying close attention to environmental protection, achieving a happy team within the company, and working hand in hand with partners outside the company.

In terms of green production, Shengyi Electronics responds to the United Nations Sustainable Development Goals (SDGs) with actions and actively promotes green production. The company takes "zero pollution, high energy efficiency and low emission" as the environmental management goal, and the investment in environmental protection is as high as 47.66 million yuan. In November 2023, Shengyi Electronics and Ji'an Shengyi both passed the national green factory certification, fully demonstrating the company's outstanding achievements in energy conservation, environmental protection, and green development.

Shengyi Electronics adheres to the "people-oriented" management concept, attaches importance to the protection of employees' rights and interests, establishes a sound employee management system, and respects the legitimate rights and interests of employees. At the same time, the company also cares about the growth and development of employees, and helps employees realize their career dreams and create professional value. In 2023, Xiao Liming, an employee of Ji 'an Shengyi, won the National May Day Labor Medal and Ji 'an Shengyi won the May Day Labor Certificate of Ji 'an City. In addition, the company continues to improve the construction of party organizations, actively innovate the carrier of grass-roots party building work, organize and carry out various forms of party building activities, and stimulate the value creativity of party organizations.

As a leading national high-tech enterprise in China, Shengyi Electronics is also actively carrying out cross-border cooperation, extensively building cooperation platforms, and striving to carry out strategic cooperation with government departments, key enterprises in the industry, and institutions of higher learning.. In 2023, the company, Guangzhou Hagrid Communication Group Co., Ltd. and Tsinghua University jointly developed the project "Ka-band transceiver common aperture phased array antenna and chip development" project II "high isolation transceiver integrated antenna array design and manufacturing process design" project, which was supported by the 2020 national key research and development plan "broadband communication and new network" key special project. The project implementation period is from November 2020 to December 2024, and is being implemented as planned in 2023.

The company continues to deepen its cooperation with suppliers to build a responsible value chain. In 2023, based on the management idea of lean organization, the supply chain management function and organizational structure were optimized twice, and the strategic plan of "active integration, lean, win-win and high-performance team" of supply chain management was set up. Efforts will be made to realize the change of management concept from "procurement" to "supply chain" and from "business procurement" to "value procurement.

In terms of industry standard formulation and industry exchanges, Shengyi Electronics also actively contributes its own strength, advises and advises the development of the industry, and works with partners to promote the healthy growth of the industrial chain. The company has participated in the formulation of 16 industry standards and norms, and presided over and participated in the formulation of 5 industry standards in 2023. With his outstanding performance in participating in the formulation of IPC-6012F EN-2023 standard, Ren Yaoru, an employee of the company, won the "Outstanding Committee Leadership Award" at the "2023 IPC China Electronics Manufacturing Annual Conference".

Intelligent Manufacturing, Achieving Digital Transformation

Under the catalysis of the integration of advanced manufacturing technology, the design, production, management, and service links of the manufacturing industry are gradually moving towards intelligence. Shengyi Electronics grasps the development opportunities of digital technology and drives the transformation and upgrading of enterprises with intelligence. With the help of digital transformation, the company integrates 5G, cloud computing, big data, artificial intelligence, Internet of things and other technologies to comprehensively improve product innovation and management capabilities, so as to achieve significant advantages in improving quality and efficiency, and win a favorable position in market competition.

Shengyi Electronics attaches great importance to the investment of automation and intelligence. It has an advanced, scientific and perfect digital information management system, which efficiently undertakes the enterprise strategy from planning to landing, covering all aspects of budget, operation and management, quality, production, technology, automation equipment and other fields. Dongcheng Phase IV project is an important measure for the company to realize product and technology upgrading. The project adopts advanced intelligent factory design concept, takes MES system as the core, integrates control automation, automatic logistics, product traceability and automatic planning system, and realizes production line automation and less man-made operation.

In 2023, Ji'an Shengyi was rated as a national intelligent manufacturing excellent scene by the Ministry of Industry and Information Technology, and Shengyi Electronics was included in the selected cases of digital transformation of listed companies by the China Listed Companies Yearbook.

Deng Chunhua, chairman of Shengyi Electronics, said that in the future, the company will continue to be guided by sustainability and responsibility, closely follow the national development strategy, rely on transformation and upgrading to stimulate strong momentum, achieve greater and longer-term development, and strive to inject positive momentum into the economy, environment and society.

disclaimer: market risk, choose carefully! This article is for reference only and is not a basis for sale.