Sustainable Development

Throughout its development over the past decades, the Company has adhered to the corporate mission of "making industrial chains more intensive and efficient." It has remained committed to the "altruistic" value orientation of "realizing its own value by creating value for customers", integrating the concept of ESG into its business management practices, continuously promoting compliant governance, and achieving sustainable growth.

Over the past seven years, the Company has achieved a compound annual growth rate (CAGR) of 37% in revenue, a CAGR of 42% in net profit attributable to shareholders of the listed company, and a CAGR of 28% in earnings per share. The weighted average return on equity (ROE) has remained at a high level of around 20% for the last four years. While maintaining steady and stable growth in performance, the Company places great emphasis on investor returns, implementing high-proportion cash dividends for many consecutive years. In the last five years, the total amount of cash dividends has accumulated to approximately CNY1.1 billion, with an annual cash dividend rate consistently maintained above 30%, sharing the fruits of the Company's operational development with investors.

The Company closely follows national strategies and social development, actively embracing the concept of "green development". It prioritizes the new energy sector as a critical area for future growth, accelerating its layout and increasing investment to support the efficient recycling of energy. Additionally, the Company is actively expanding the recycled resources industrial chain, promoting the recycling and utilization of urban mineral resources to establish a circular economy industrial chain. It has now become a leader in the supply chain industry for new energy and renewable resources.

The Company deeply embodies the essence of a community of shared future and shared responsibilities, committed to achieving a vision of co-creation and shared prosperity. It proactively integrates into the broader context of high-quality development and the construction of a demonstration zone for common prosperity in the province, engaging intensively with industrial cooperation projects in 26 mountainous counties. The company assists Taishun Transportation Investment in building a bulk material supply chain platform, provides tailored supply chain services for local state-owned enterprises like Songyang Transportation Investment and Qingtian Economic Development Zone, and supports infrastructure construction in mountainous counties and cities, contributing to a new narrative of common prosperity for all. It continues to deepen cooperation between Zhejiang and Sichuan in the east-west partnership, allocating special funds for industrial development and educational facility improvement, organizing charitable donations and consumer support for agriculture initiatives, further advancing rural revitalization, and fully demonstrating the responsibility of state-owned enterprises.

As a state-owned enterprise in Zhejiang Province, the Company has consistently pursued a path of stable and compliant development over the years. In 2023, the Company received the highest rating of "A" in the information disclosure assessment from the Shenzhen Stock Exchange for 4 consecutive years. It has been honored with awards such as the "Best Practice Award for Listed Company Board Offices" and "Outstanding Board Practice of Listed Companies" by the China Association for Public Companies. The Company's standard operation case, Staying True to Our Founding Mission and Adhering to Governance for Long-term Compliance, was selected as an outstanding example of standard operations among listed companies in the Zhejiang jurisdiction, fully demonstrating the capital market's recognition of the Company's standardized operations.