1、 Corporate Responsibility

Jiangsu Danxia New Materials Co., Ltd. was established in 1992 and is located in the Ecological Chemical Technology Industrial Park of Suqian City, Jiangsu Province. With a registered capital of 45.256889 million yuan and covering an area of 86 acres, it is a national high-tech enterprise specializing in the research and development, production, and sales of functional additives for polymer materials such as light stabilizers and flame retardants. It is also a specialized and innovative small and medium-sized enterprise in Jiangsu Province. The company has core technology and independent intellectual property rights, and owns the Suqian (Danxia) Plastic Additive Engineering Technology Research Center and Enterprise Technology Center. It is the leading unit of the Advanced Additive Application Industry Technology Innovation Center for Polymer Materials in China's petroleum and chemical industry.

Danxia New Materials has been focusing on the research, development, and industrial production of the most dynamic light stabilizers and flame retardants in the chemical industry for over 20 years. Multiple new technologies have been recognized as provincial-level new technologies in Jiangsu Province. Its quality and application performance are ahead of international peers, and multiple products have achieved import substitution and are exported to more than 20 countries and regions such as Europe, Japan, South Korea, and Southeast Asia. At present, Danxia New Materials has developed into a leading enterprise in this sub field in China, participating in the drafting and revision of multiple national standards and group standards, leading the world.

Over the years, in the process of continuous development, the company has effectively fulfilled its social responsibilities and has always been a socially responsible enterprise. It regards common interests above everything else as its corporate spirit, organically integrates economic development with fulfilling social responsibilities, takes undertaking corresponding economic, environmental, and social responsibilities as a conscious behavior, and regards corporate social responsibility as the foundation for improving competitiveness. It has won recognition from governments at all levels, domestic and foreign customers, and all sectors of society. As a global supplier of advanced additives for polymer materials, Danxia focuses on fulfilling its social responsibility and has been certified and scored on the Ecovadis platform. In 2021, it received the Bronze Award for Social Responsibility Achievement Recognition.

2、 Actively building a social responsibility system

With the continuous development of global economic integration and market economy, corporate social responsibility can improve corporate efficiency; Win reputation and establish a good image; Reflect the orientation and values of corporate culture; Beneficial for sustainable development and improving the quality of life for the general public; Beneficial for maximizing the interests of stakeholders; Becoming the foundation for enhancing strength and competition, it is increasingly recognized by more and more enterprises. Given the current international and domestic situation, it has become the trend and popular aspiration for enterprises to assume social responsibility and establish a comprehensive social responsibility system. The company vigorously promotes the social responsibility system, changes its mindset, and permeates the practice of social responsibility into all aspects of the enterprise, promoting the establishment of the social responsibility system and the development of the enterprise itself.

3、 Vigorously develop the economy and alleviate employment pressure

The company currently has nearly 300 employees. Faced with increasingly fierce domestic and international market competition, the company has invested in the construction of a fully automated production system for advanced polymer additives with a capacity of 5000 tons/year through technological transformation and expansion, in accordance with the goal of "production automation, industrial scale, high-end and diversified products". Achieved an additional sales revenue of 300 million yuan and a tax of 40 million yuan, and successively established wholly-owned subsidiaries of Ningxia Danxia and Shanghai Danxia Junxi.

In recent years, despite the impact of the global COVID-19, product sales still maintained an average annual growth rate of about 37%, developing the local economy. In recent two years, the employment growth rate of enterprises was 61.7%, which solved some employment pressures, reduced the instability of social security, and fulfilled the social responsibility of enterprises.

4、 Strengthen scientific management and pay attention to environmental protection

The company has successively passed the "three in one" management system certification of ISO9001 quality management system, ISO14001 environmental management system, and ISO45001 occupational health and safety management system. The company has been approved as a national second level enterprise for safety production standardization and has obtained the certificate of second level enterprise for safety production standardization. The company has continuously increased its investment in safety and environmental protection, and in recent years has invested 55 million yuan to fully automate all production processes of the company; More than 60 million yuan has been invested in environmental protection, including the construction of new environmental sewage treatment and solid waste collection and storage facilities, as well as two 80000 cubic meter/hour thermal storage waste gas incineration (RTO) facilities, effectively ensuring the reduction and stable compliance of the company's wastewater, waste gas, solid waste, and other emissions. The protection of the surrounding environment, the health and safety of employees, and other aspects reflects the social responsibility of the enterprise more. Since the establishment of this system, the company has not experienced any production accidents, equipment accidents, or received any environmental complaints.

The company's products have passed REACH registration, ROHS testing, and FDA certification, further improving the quality and green production of the products. A sound product after-sales service system has been established, and the company has established sales and technical personnel to solve customer problems anytime and anywhere based on the principles of honesty, trustworthiness, and customer satisfaction; When customers have technical service requirements, provide free technical services and establish a customer complaint management mechanism. The company regularly conducts customer satisfaction surveys through visits or questionnaires, strengthens improvement and adoption of customer requirements and suggestions, and regularly checks and analyzes customer satisfaction. Since the operation of our company's system, our aim has been to satisfy our customers, ensuring a 100% pass rate for product inspection, a 100% satisfaction rate for customers, and a 100% satisfaction rate for customer feedback. In terms of sustainable procurement, the company has established friendly strategic partnerships with domestic and foreign suppliers through supplier management systems and supplier CSR audits.

In addition, the company has carried out activities for clean production and energy conservation, and has started to carry out energy management system certification. Starting from the base year 2021, greenhouse gas emissions will be reduced by 5% within 5 years, and the awareness of energy conservation and consumption reduction among all employees will continue to increase, achieving the goal of "energy conservation, consumption reduction, pollution reduction, and efficiency improvement".

5、 Emphasis on technological innovation, technology leading enterprises

The company attaches great importance to technological innovation, and the concept of technological development has long been deeply rooted in people's hearts. We deeply understand that the survival and development of an enterprise essentially depend on its ability to innovate and absorb technological achievements, rather than relying solely on the scale of investment in funds and manpower to achieve quantitative expansion and efficiency improvement. The company has a municipal level technology innovation center, which consists of three departments and one office: technology research and development department, analysis and testing department, pilot and achievement transformation department, and comprehensive office. The company continues to increase its investment in research and development, and through platform building and technological innovation activities, it has brought significant economic and social benefits to the enterprise.

Intellectual property is the core element of market competitiveness. The company focuses on the future, constantly innovates, strengthens technological reserves, accumulates advantages, and occupies high ground. It has applied for more than 50 patents, including 36 authorized patents.

6、 Putting people first, caring for employees

The company always adheres to the business policy of "people-oriented, integrity-based", which unifies the personal values of employees and the values of the enterprise, and shapes a corporate culture centered on building an internationally renowned brand and continuous research and development innovation. The company effectively fulfills its social responsibility by providing employees with social pension insurance, unemployment insurance, medical insurance, work-related injury insurance, maternity insurance, and other types of insurance. Regular physical examinations are organized to safeguard the legitimate rights and interests of employees.

To comprehensively ensure employee welfare, the company has established a trade union organization and reasonably set up organizational structure, membership conditions and obligations, and benefits. At present, the majority of employees in the company voluntarily join the union, which plays an important role in establishing stable and harmonious labor relations, safeguarding the legitimate rights and interests of employees, and promoting the construction of the company's corporate culture.

In order to enrich the leisure life of employees, the company actively carries out various activities and invests a lot of financial, material, and human resources to build employee homes, providing a good environment for learning and entertainment for the majority of employees. In terms of daily life, the company continuously improves the accommodation and meals conditions for employees, promotes dormitory hotel style accommodation, and diversifies meals. In addition, the company actively organizes cultural performances, safety competitions, and evaluations of outstanding employees, creating a good situation of unity, progress, and co creation of brilliance for the enterprise. The company also actively provides assistance to disadvantaged employees and their families through forms such as the Golden Autumn Scholarship provided by the labor union and economic subsidies for disadvantaged employees, demonstrating collective warmth and corporate responsibility.

Safety is the top priority in production. In order to effectively safeguard the personal safety of employees, the company actively carries out safety education and training activities for employees, with the primary goal of enhancing their occupational safety awareness, self-protection awareness, and compliance with regulations and rules; Focusing on improving the work ability and production skills of employees, various forms of training activities such as "inviting in" and sending out training have been adopted, which not only enhance employees' awareness and overall quality of safety production, but also improve labor productivity, thus ensuring the rapid development and further advancement of enterprises on the road of safety production.

7、 Passionate about participating in social welfare undertakings and fulfilling corporate social responsibility

Since the outbreak of the COVID-19 in 2019, the company has actively donated money and materials, purchased emergency masks, antipyretic drugs and other materials, and distributed them to employees free of charge to give love; Funding education through trade unions; Provide employment opportunities and assistance to disadvantaged households in nearby towns and villages; Let the whole society feel the various benefits brought by the development of enterprises.

8、 Strengthen the construction of corporate integrity and implement corporate social responsibility

While gradually developing and growing, the company continuously attaches importance to integrity construction, innovates integrity management models, sets integrity construction goals, establishes integrity management systems, and carries out credit AAA evaluation work. The company strengthens the basic work of credit management by obtaining relevant credit information through various channels. At the same time, the company has achieved an organic combination of paying taxes in accordance with the law, regulating business operations, enhancing corporate reputation, and reflecting corporate value. The company pays taxes in accordance with the law and with integrity, winning a high commercial reputation and more business opportunities for the company.

9、 Looking ahead to the future

As a member of the social group, enterprises inevitably bear certain responsibilities to society. When enterprises fulfill their social responsibilities, they will promote the development of society, and in turn, better promote the development of the enterprise itself. The company will consciously fulfill its social responsibility as a pursuit of the enterprise. In implementation, we still need to do the following: 1. Energy conservation and consumption reduction, and strengthen environmental governance. Vigorously promote advanced, energy-saving, and efficient technological equipment and processes, improve energy-saving organizational management, and focus on building resource-saving and environmentally friendly enterprises. 2. To achieve more harmonious employee relations, more reasonable distribution, fair performance evaluation system for employees, and further enhance the enthusiasm of technical talents in the company. 3. Give back to society and achieve win-win outcomes for local enterprises. Continuously promote enterprise development and create more employment opportunities for society. 4. Intensify support for social welfare undertakings and encourage acts of love and mutual assistance; Focus on the development of local society, culture, education, health, and safety, care for vulnerable groups in the area, and effectively promote social harmony.