Bearing in mind that sustainability is the sure path to high-quality development, Sennics strives to reshape our core competitiveness for sustainability by raising CSR awareness, improving CSR management mechanism and processes, and strengthening CSR management and practices based on responsible operation. Externally, we actively respond to the mainstream international initiatives on responsibility and those initiated by the local governments, industries, and think tanks. We have joined the Responsible Care Initiative, the Together for Sustainability (TfS), and the GoldenBee Global CSR 2030 Initiative, announcing our commitment to responsibilities in the fields of environment, society, and governance publicly. Internally, we have established the Sustainability Committee and Sustainability Task Force since 2021, responsible for identifying risks and opportunities related to our development regularly, as well as formulating and implementing sustainability policies, medium and long-term sustainable development goals, and action plans. By virtue of training and monthly meetings, we continuously enhance our management capabilities, decision-making levels, and performance in environmental, social, and governance aspects. We regularly review the attainment of its goals and plans, and update annual objectives based on the latest development requirements and our operating conditions. The mid- and long-term goals are adjusted when necessary to keep the corporate strategy in step with internal and external environments.

Sennics' Sustainability Management System

As the main entity responsible for the company's sustainability efforts, the Sustainability Committee is responsible for reviewing the overall strategy, objectives, overall planning, and performance of sustainability work. The Sustainability Task Force led by Vice President of Sennics was established under the Committee, and its members include leaders of relevant departments. There are seven working groups under the Sustainability Task Force, namely Health, Safety, Environmental Protection and Quality (HSEQ), Low-carbon Development, Innovative Development, Labor and Human Rights, Business Ethics, Sustainable Supply Chain, Brand Communication and Comprehensive Governance, including HSE Department, Operation Center, Industry Development Department, R&D Center, Marketing Center, Human Resources Department, Labor Union, Legal Compliance & IPR Department, Auditing Department, Purchasing Department, Administration and Public Relations Department and other functional departments. They not only carry out responsible for dealing with specific sustainability matters of Sennics, but also review specific issues, sustainable development policies and progress against the related goals every year.