2023 Corporate Social Responsibility Report

——Anhui Yongcheng Machinery Co., Ltd

1、 Enterprise Overview

Anhui Yongcheng Machinery Co., Ltd. was founded in 2011 with a registered capital of 100 million yuan and a total investment of 1 billion yuan. It covers an area of 301 acres and currently has more than 700 employees. We are a high-tech enterprise that integrates casting, machining, and assembly. Our existing products are mainly concentrated in industrial robots, wind turbines, injection molding machines, die-casting machines, and other industries.

The company has a total of 31 invention patents and 93 utility model patents. It has successively won honorary titles such as "National Specialized and Innovative Little Giant", "National High tech Enterprise", "Anhui Industrial Boutique", "Anhui Industrial Design Center", "Anhui Enterprise Technology Center", "Anhui Digital Workshop", etc.

The company adheres to management innovation and has established a sound quality control and management system. It has successively passed ISO9001 quality management system certification, ISO14001 environmental management system certification, and ISO45001 occupational health and safety management system certification.

The company adheres to the strategic development tenet of "harmony, integrity, excellence, and innovation", and is committed to the development of automation, intelligence, informatization, and digitization. In terms of software, the company has developed an automated production scheduling and reporting system independently. In terms of casting, it is equipped with resin sand manual molding lines and clay sand static pressure lines, as well as ABB polishing robots, painting robots and other automated equipment. In terms of processing, more than 100 high-end brands of processing equipment such as PAMA from Italy, TOSHIBA from Japan, MAZAK from Japan, FEELER from Taiwan, HONOR from Taiwan, and WELE from Taiwan have been equipped, as well as quality control equipment such as Zeiss three coordinate and Leica laser trackers from Germany.

The company has established long-term business partnerships with Fortune 500 companies such as TOSHIBA MACHINE from Japan, ABB from Sweden, KUKA from Germany, YASKAWA from Japan, KAWASAKI from Japan, Farview Energy, Nordex from Germany, GAMESA from Spain, and Staubli from France.

In 2023, the company achieved sales revenue of 536.8373 million yuan, net profit of 52.1497 million yuan, research and development expenses of 21.9482 million yuan, net assets of 765.574 million yuan, and fixed assets of 511.8515 million yuan. In recent years, the company has steadily developed and successfully cultivated a large number of supporting enterprises locally, covering multiple fields such as material supply, standard parts manufacturing, and processing services.

Looking ahead to the future, the company has formulated a clear development blueprint. At the product level, we plan to deeply optimize the existing product structure to enhance market competitiveness; At the market level, we will further expand our business scope and strive to achieve breakthroughs in a wider range of fields. Especially in the fields of advanced manufacturing such as industrial robots and key components of wind power, as well as clean energy, we will focus on investment and development.

With the steady progress of industrial robot and wind power key component projects, the company will usher in unprecedented business opportunities. The promotion of these large-scale projects will not only drive the rapid development of related industrial chains, but also provide the company with broader development space and market potential. The company is confident that it will continue to maintain strong growth momentum in future development, creating greater value for the industry and society.

2、 Performance of social responsibility

Since its establishment, the company has always complied with national laws and regulations, social ethics, business ethics, and industry rules, made decisions and operated in accordance with the law, paid taxes in accordance with the law, actively contributed to society, and supported social welfare undertakings. The main manifestations include:

(1) Health and Safety

Safety and health management is one of the important tasks of production enterprises. The company has established a safety production committee to lead and supervise various aspects of safety and health management work. Regular physical examinations are conducted for employees every year to create a good production environment for them.

(2) Safe production

The company considers safety production and occupational health as one of the assessment objectives. The company has formulated safety production guidelines and safety rules for this position, informing the main hazardous and harmful factors of this position, strengthening the safety responsibility and accident prevention awareness of all employees, and ensuring that every employee fulfills their commitments with a high sense of responsibility for their own and others' lives.

(3) Health

With the goal of building a clean and healthy workplace and improving the quality of employees' occupational life, we will comply with relevant laws, regulations, and standards such as the Occupational Disease Prevention and Control Law, emphasizing the prevention of occupational hazards at the source and process control. Conduct regular and irregular occupational health examinations, including pre employment, on-the-job, post employment, and acute occupational disease hazard health examinations; Provide occupational health monitoring for employees who are exposed to various occupational hazards during occupational activities.

(4) Public welfare undertakings

The company never forgets to give back to society. When faced with those in need, it immediately extends a helping hand, participates in various charitable causes, and offers love activities. The company conducted a poverty alleviation research and condolence donation activity in Huanglong Village, Shuanghe Town, Jinzhai County, under the theme of "Connecting with Revolutionary Old Areas and Supporting Poverty Alleviation". All of these are the best evidence of a conscientious enterprise.

3、 Based on stakeholder analysis

(1) Labor market

The company not only provides competitive salaries and benefits for grassroots employees, but also considers their physical health, career development opportunities, and many other aspects. The company organizes annual employee training to learn advanced technology and management experience, and enhance the overall quality of employees.

(2) Public service market

The cooperation between enterprises and governments, especially local governments, is an important aspect of external cooperation for enterprises. The cooperation between enterprises and governments is not only about paying taxes and fees, but also a two-way relationship.

(3) Environment, public

Environmental pollution is an unavoidable problem for any enterprise. The company pays attention to environmental protection, implements the "Blue Sky and Clear Water" project, focuses on a good production environment, and implements energy-saving measures in production. From the perspective of employees, the company has established an environmental management system and strictly enforced it. At the same time, new environmental factors are identified annually, and corresponding management measures and emergency plans are formulated. Therefore, in recent years, the company has not experienced any major environmental safety accidents or major hazardous material leakage incidents.