Introduction

As a company committed to sustainable development, we are deeply aware of our social responsibility. Hereby, We are releasing our Corporate Social Responsibility Report to the public, showcasing our efforts in social responsibility. our efforts and achievements. This report aims to introduce our strategies and practices in corporate social responsibility. Performance and future plans, so that the public can better understand our social responsibility commitments and practices.

Company Profile:

Ningbo Yongjia Auto Parts Co., Ltd. is a wholly-owned Hong Kong-funded enterprise. It primarily specializes in the research and development and production of machinery. Triangle warning signs for high-speed trains, reflective vest series, two-color plastic components for automobiles, automotive lighting fixtures The series is located in Yuyao City, Zhejiang Province. Hangzhou Xiaoshan International Airport and Ningbo Lishe Airport are within close proximity to our company. Only Covering a distance of 50 kilometers, the company has registered capital of 4.13 million U.S. dollars, occupies a factory site of 35,000 square meters, and features a factory building area of 49,000 square meters. Its fixed assets amount to 120 million yuan, and its output value in 2024 reached 221 million yuan. The company boasts strong independent design and R&D capabilities and has obtained 66 domestic and international patents. It has been recognized as a National High-Tech Enterprise, as well as an Enterprise Engineering Technology Center in Ningbo City and Zhejiang Province, and is listed among the top 100 tax-paying enterprises in Yuyao City. The company maintains close partnerships with more than 30 major automakers, including SAIC-Volkswagen, FAW-Volkswagen, Brilliance BMW, NIO, Beijing Hyundai, Dongfeng Honda, and BYD Auto, thereby contributing significantly to driving safety.

I. Corporate Social Responsibility Strategy

We consistently adhere to a people-oriented approach, inspire and encourage diligent study, pursue green development, and give back to society. We embrace a corporate social responsibility philosophy that integrates social responsibility into our business strategy and daily operations. We have developed a detailed CSR strategy that clearly defines the company’s responsibility goals and action plans in three key areas: economic, environmental, and social.

 

II. Corporate Social Responsibility Practices

1. Economic Responsibility

We have always regarded creating sustained economic value for society as our core mission. At the product and service level, we have established a comprehensive quality management system that covers the entire process—from raw material procurement and optimization of production processes to upgrading after-sales services—ensuring that every product and every service precisely meets customer needs, helping customers enhance operational efficiency, reduce cost inputs, and thereby maximize customer value. At the same time, we strictly comply with national tax laws and regulations, have put in place a robust tax management mechanism, and pay all taxes on time and in full, actively cooperating with the tax authorities’ supervision and audits. Over the years, the company’s tax payments have steadily increased, contributing significantly to the nation’s fiscal revenue. We have been recognized multiple times as one of the top 100 tax-paying enterprises in Yuyao, indirectly supporting the development of social initiatives such as infrastructure construction and improvements in public services. Furthermore, through collaborative development within the industrial chain, we... The suppliers we’ve developed are all companies located in the vicinity of Zhejiang. It has driven the joint progress of upstream and downstream partners, created numerous job opportunities, and boosted the prosperity of the regional economy. ​

2. Environmental Responsibility

Environmental protection is an important component of our sustainable development strategy. In the production process, we continue to increase our investment in environmental protection, introducing internationally advanced pollution control technologies and equipment to deeply treat and recycle wastewater, exhaust gases, and solid waste. Currently, the company’s compliance rate for wastewater discharge and its exhaust gas treatment rate both reach... 100%, the comprehensive utilization rate of industrial solid waste exceeds 90%, effectively reducing the negative environmental impacts of the production process.

In terms of low-carbon development, we not only implement energy-saving and emission-reduction measures internally—such as replacing energy-efficient lighting equipment and optimizing production processes to reduce energy consumption—but also actively promote the concept of a low-carbon lifestyle among our employees and the general public. By conducting... Activities such as “Green Office Month” and the “Low-Carbon Travel Challenge” encourage employees to develop habits of saving electricity and opting for green commuting. Meanwhile, through channels like the company’s official website and social media platforms, we are releasing guides on low-carbon living, urging the public to reduce their use of single-use items and participate in waste sorting—thus working together to build a greener global home.

3. Social Public Responsibility

We deeply understand that enterprises are an integral part of society, and actively engaging in social公益 endeavors is our due responsibility. In the field of education, our company has established a special scholarship program to support academically outstanding students from impoverished areas in completing their studies. We also regularly organize employee volunteers to visit rural schools, conducting teaching assistance activities and bringing knowledge and care to children. ​

In poverty alleviation and helping those in need, we have established paired assistance relationships with several impoverished counties. Through industry-based poverty alleviation and consumption-driven poverty alleviation initiatives, we help local areas develop specialty industries, expand sales channels for agricultural products, and effectively link poverty alleviation efforts with rural revitalization. Moreover, whenever natural disasters strike, the company promptly activates its emergency response mechanism, donating supplies and funds, mobilizing employees to participate in disaster relief volunteer services, and providing whatever assistance we can to affected communities. ​

4. Employee Development Responsibility

Employees are the core driving force behind an enterprise’s development, and we place great importance on their growth and development. In terms of career development, we have established a comprehensive training system that includes onboarding training for new employees, professional skills enhancement courses, management capability training, and more. We provide employees with diverse learning opportunities and clear promotion pathways, encouraging them to achieve simultaneous personal fulfillment and corporate advancement through continuous learning. ​

In terms of safeguarding employee rights and interests, we strictly comply with labor laws and regulations, sign standardized employment contracts with our employees, and make full contributions to social insurance, thereby protecting their legitimate rights and interests. At the same time, the company places great emphasis on fostering a work environment characterized by fairness, justice, and mutual respect. We have established smooth communication channels to listen carefully to employees’ opinions and suggestions, pay close attention to their physical and mental health, regularly organize medical checkups, and conduct team-building activities to help relieve work-related stress and enhance employees’ sense of belonging and happiness. ​

Three, 2024 Corporate Social Responsibility Performance

We have achieved remarkable results in social responsibility. In terms of economic responsibility, we have realized... Steady development has created greater value for our customers. In terms of environmental responsibility, we have successfully reduced... By reducing pollution emissions and improving energy efficiency, it has made a contribution to environmental protection. In society... In terms of responsibility, we actively fulfill our corporate social responsibilities and create greater benefits for our employees and society. Blessing.

1. Continuously carry out risk management and internal controls to enhance the company’s risk prevention capabilities.

The company continues to carry out risk management activities. From February to March 2024, the various functional management and business operations departments will hold open discussions to assess the relative importance of different types of risks—including strategic, operational, and external risks.

The assessment confirmed. Three key annual risks have been identified, and 15 specific action plans have been developed. The persons responsible for each action plan bear clear and serious responsibilities, report on progress in a timely manner, and are subject to oversight by the risk management department. The company continues to carry out internal control efforts, promptly updating and refining its internal control standards. It also uses an internal control management platform to record the implementation status of various control activities. In total, a special audit was conducted on the effectiveness of control activities at 15 suppliers.

2. Environmental Responsibility and Compliance

1) Clean Production: The company firmly believes that clean production is the fundamental approach to controlling pollutant emissions. We have consistently been committed to adopting the “PDCA” cycle model to minimize the environmental impact of fugitive emissions to the greatest extent possible. Combining cutting-edge industry technologies with our own unique production characteristics, we have developed scientifically sound and detailed clean production targets and implementation plans. We rigorously adhere to these plans, meticulously implementing every pollution-reduction measure—from equipment upgrades to process optimization—leaving no detail overlooked. We continuously monitor fugitive emission levels in real time to ensure that all relevant indicators meet environmental protection standards. For any issues identified during inspections, we promptly summarize our experiences and adjust our strategies, formalizing effective measures into standardized procedures and continuously improving our clean production practices. Through this ongoing cycle of continuous optimization, we strive to minimize the environmental impact of fugitive emissions to the greatest extent possible, achieving a win-win situation that balances economic and ecological benefits. In 2024, the company replaced its cooling water towers and upgraded two blow-molding machines that were highly energy-intensive. 。

 

2) Compliance with environmental laws and regulations: All of the company’s “new, modified, and expanded” projects are implemented in accordance with the requirements of the Environmental Impact Assessment Law, fully implementing the “three simultaneous measures” for environmental protection, as well as complying with the Clean Production Law and the requirements of the competent authorities for clean production, and carrying out mandatory clean production audits.

3) Reducing pollutant emissions: The company is continuously upgrading its pollution control capabilities, achieving a steady decline in pollutant levels. At the same time, it is exploring and optimizing ultra-low emission technologies for major pollutants in the plastics industry. Through internal environmental monitoring and management, the company is enhancing its control over pollutant emissions and improving its overall environmental management standards, thereby setting an example as a green factory in the industry. In July 2024, the company conducted a comprehensive inspection of its emissions of exhaust gases, wastewater, and noise in accordance with relevant regulations. The inspection results showed that all indicators were within the normal range and fully complied with both national and local emission standards, confirming that the company’s emissions are fully compliant.

3) Implement multiple carbon-reduction scenarios to build green and smart factories.

Adhering to the concept of green development, we are promoting greening and decarbonization across the entire production process at our factory and continuously optimizing resource utilization. We can. We are promoting a project to build integrated photovoltaic power stations on factory rooftops, leveraging photovoltaic technology. We generate electricity and feed it into the power grid, creating multiple carbon-reduction scenarios. We’ve optimized our lighting control strategy for the workshop by adding additional lighting circuits, implementing timed switch controls, and removing less-bright fixtures—thereby enhancing the lighting experience. We’ve also retired outdated equipment to reduce unnecessary energy consumption. In 2024, total carbon emissions amounted to 4,177.3 tons, a reduction of 648 tons compared to 2023—a decrease of 13%. This data clearly demonstrates the effectiveness of the measures mentioned above and underscores the commitment and achievements of enterprises in implementing the concept of green development and advancing low-carbon transformation.

3. Workers’ rights

1) Employee Education

The company with “Healthy team development and continuous learning and progress” serve as the company’s corporate culture and core values. Under the leadership of the General Manager, guided by the values of fairness, inclusiveness, responsibility, and integrity, we are enhancing our technical capabilities and developing our operational prowess to become a leader in China’s triangular warning sign industry. The company firmly promotes the construction of the core socialist values and deepens efforts in both spiritual and material civilization building, integrating these initiatives into employee education. We have developed an employee handbook and conduct annual training sessions on job skills, professional ethics, and civility education, fostering in our employees a correct worldview, outlook on life, and set of values, and guiding them to strive to be civilized citizens and exemplary, qualified employees. In 2024, we completed 23 internal training programs and 5 externally contracted training programs, achieving a 100% completion rate.

2) Signing of employment contracts and enrollment in social insurance

All employees of our company Employees are all onboarded. Sign an employment contract with the company within 30 days. ， Labor contract signing rate 100% and social insurance will be purchased on the day of employment.

3) 202 4 Year Passed RBA Social Responsibility Audit, No findings were discovered regarding recruitment, compensation, benefits, promotion, and other such areas. There are no instances of discrimination based on gender, race, religion, or physical condition. Nor have any employees been subjected to retaliation for filing complaints or reports. The company has established a system for employee rest and vacation, and employees are entitled to statutory rights. Holidays, weekends, paid annual leave, marriage leave, maternity leave, family visit leave, bereavement leave, and other types of leave. When... When employees are affected by personal circumstances or unexpected events, After completing the necessary procedures, the company will grant sick leave and personal leave.

From its very inception, the company has been committed to continuously improving its safety, occupational health, and environmental performance, starting from production. The establishment of both processes and management systems is guided by the principles of harmlessness to employees, reduction of hazard sources, and minimizing environmental impact. The principle of standardization. The company has established a comprehensive safety management system. Continuously implement and improve standardized safety production practices, revise the safety management system, conduct hazard identification and rectification on-site, guide employees in identifying potential hazards, and provide workers with personal protective equipment. 2024 5 The moon conducted a review of the company. The occupational disease risks have been assessed, and all personnel within the company who are engaged in occupations involving occupational diseases have been... Medical examination, In 2024, there were no employees suffering from occupational diseases across the entire company, and no major casualties occurred.

4. Serve society

The company has established a public welfare initiative. The “Loving Hearts Group” regularly visits nursing homes to offer comfort and care to lonely and widowed seniors. We have also established an Outstanding Students Fund, which annually provides targeted awards to outstanding students from Mazhu Town in Yuyao. In 2024, Xiangma Zhu Red Cross donated 300,000 yuan. Offering condolences to widows and orphans 10,000 yuan.

IV. Future Plans

We will continue to deepen our corporate social responsibility practices and strive to achieve a higher level of social responsibility. Not yet. Come on, let’s further strengthen our environmental protection efforts, promote green production and lifestyles, and advance sustainable development. Continued development. At the same time, we will also increase our investment in social welfare initiatives and actively participate in poverty alleviation efforts. In areas such as poverty alleviation and educational support, we will make greater contributions to social harmony and progress.

Conclusion

As a socially responsible enterprise, we will continue to uphold our corporate social responsibility and strive to... Society creates more value. Through this report, we hope to help the public better understand our work in society. Commitments and practices in the area of social responsibility. We look forward to working hand-in-hand with friends from all sectors to jointly promote society. Sustainable development.