Social Responsibility Report

2021 Annual Corporate Social Responsibility Report

Jiangsu Nobel Plastics Co., Ltd.

Two thousand twenty-two

Part One: Preparation Standards

1. Statement of Content Objectivity

The Social Responsibility Report published by Jiangsu Nobel Plastics Co., Ltd. has been prepared in an objective and impartial manner, with content that is truthful, valid, and aligned with the company’s actual circumstances.

2. Organizational Scope

Jiangsu Nobel Plastics Co., Ltd.

3. Time Range

January 2021 to December 2021. To ensure the report’s coherence and readability, certain sections extend beyond the aforementioned time frame.

4. Release Cycle

This report is published annually, and this year’s edition marks its inaugural release.

5. Data Description

The financial data disclosed in this report are derived from the company’s various financial statements, while other data are sourced from internal company statistics, unless otherwise specified.

6. Acquisition Method

This report is available in both print and electronic formats. The print version is produced on environmentally friendly paper certified by environmental organizations and can be obtained from the company’s sales outlets; the electronic version can be downloaded and viewed on the company’s website at http://www.nbejt.com/.

Part Two: Main Body of the Report

1. Company Overview

Jiangsu Nobel Plastics Co., Ltd. was founded in 2008 and is a comprehensive pipe manufacturer integrating R&D, production, and sales. Its products are used in telecommunications, power, municipal engineering, and other sectors.

The company’s headquarters is located in Qidu Town, Wujiang District, Suzhou City, within the Yangtze River Delta Integrated Demonstration Zone. As a comprehensive enterprise specializing in the R&D, manufacturing, and integrated smart-network applications of plastic piping products, the company maintains sales outlets and service centers in major and medium-sized cities across China, thereby establishing an efficient and well-rounded operations and service network that has earned it a strong reputation and a solid corporate image within the industry.

The company is committed to making the sustainable development of resources a core strategic priority in its operations. It manufactures a comprehensive product portfolio that includes PVC, PE, and PP-based solutions, and has successfully obtained ISO 9001 certification for quality management, ISO 14001 certification for environmental management, and ISO 45001 certification for occupational health and safety. The company has also been recognized with prestigious awards such as “Preferred Brand for Green Building Applications in the Plastic Pipe Industry” and “Trusted Quality Enterprise in the Plastic Pipe Sector.”

The company places great emphasis on technological innovation and is dedicated to the R&D of plastic piping products as well as the integrated application of smart pipeline networks. It has been recognized as a “National High-Tech Enterprise” and a “Private Science and Technology Enterprise of Jiangsu Province,” and has established the “Suzhou Municipal Technical Research Center for Modified Plastics” and the “Jiangsu Provincial Enterprise Technology Center.” To date, it has obtained more than 40 nationally authorized patents.

Centered on the customer and driven by superior service, underpinned by uncompromising product quality and a strong corporate reputation, we foster a harmonious corporate culture characterized by respect, open communication, and win-win collaboration. Upholding the innovative ethos of “breaking the old to build the new,” we strive relentlessly toward even greater heights.

Over its eight years of development, Jiangsu Nobel Plastics Co., Ltd. has distilled and consolidated its core corporate culture through systematic reflection and refinement.

Nobel’s Mission: Reverence for Heaven and Love for Humanity, Serving Society. Nobel’s mission is to promote the green and sustainable development of the plastic piping industry and to contribute our part to societal prosperity and stability.

Our corporate vision is to build a first-class domestic brand and become a globally renowned enterprise. We will consolidate our foundations, forge ahead with unwavering determination, and progressively develop into an integrated enterprise encompassing design, R&D, and manufacturing. Through persistent commitment to independent innovation and by staying attuned to the times, we will leverage pipelines as the backbone to create intelligent urban pipeline networks of the future, positioning ourselves as a provider of pipeline engineering services and an operator of smart pipeline systems.

Core Corporate Values: Customer-centricity and sustainable development. Customer recognition is the foundation of our company’s survival and growth, and all our operations are centered on meeting customer needs and ensuring customer satisfaction.

Figure 2-1 Company Image

2. Strategic Objectives for Social Responsibility

1) Consumer satisfaction

By continuously integrating industry-chain resources, we deliver efficient, fast, convenient, and satisfactory products and services, thereby continually enhancing customer satisfaction.

2) Employee Satisfaction

Respect employees’ economic, social, and cultural rights; manage labor relations appropriately; foster a harmonious, conducive, safe, and healthy work environment; prioritize employees’ career development and health and welfare benefits; and achieve shared growth between the enterprise and its employees.

3) Energy conservation and environmental protection

Vigorously advance the establishment of systems for energy, environmental, occupational health, and safety management; actively promote green and environmentally friendly principles; emphasize environmental protection and pollution prevention; promote the sustainable use of energy and resources; and increase the transparency of environmental information.

3. Tax Contributions

In 2021, the company’s total industrial sales output value reached RMB 216.84 million. The company has consistently regarded lawful tax compliance as its most important hallmark of corporate integrity, adopting a meticulous approach to tax management and prioritizing strengthened financial management and assured tax compliance as key components of fulfilling its corporate social responsibility. In 2021, the company paid RMB 10.47 million in taxes.

Figure 2-2 Medal for Major Taxpayers

4. Greenhouse Gas Emission Status

Jiangsu Nobel Plastics Co., Ltd. consistently adheres to the principles of “green, low-carbon development and efficient resource utilization,” places great emphasis on product development to meet customer expectations, prioritizes social benefits, and delivers superior quality and service to satisfy the needs of both users and society.

The company’s production is primarily powered by clean energy, and it has implemented a range of measures to reduce energy consumption throughout the manufacturing process. In 2021, the company invested in the construction of exhaust-gas treatment facilities, which have effectively reduced environmental pollution. In February 2022, we conducted a comprehensive environmental assessment and prepared the “Environmental Impact Report for the Construction Project,” which subsequently passed the first-phase acceptance inspection by the Wujiang District Environmental Protection Bureau.

5. Status of Social Responsibility Fulfillment

While ensuring product quality, the company actively fulfills its social responsibilities and champions a corporate social responsibility ethos of doing what one can to give back to society. The company consistently integrates social responsibility into its overall development strategy—creating value for the enterprise, enhancing employee benefits, and making meaningful contributions to the community. Internally, the company has established a mutual assistance fund to provide aid and support to employees and their family members facing serious illnesses or natural disasters. Each year, the company allocates no less than RMB 100,000 for charitable donations, striving to help those in need. Throughout various charitable giving and volunteer initiatives, company leaders have consistently taken the lead in mobilizing participation and setting an exemplary standard, thereby demonstrating strong leadership by example. As a result, the company was honored with the “2021 Charitable Enterprise Award” presented by the town government.

Table 2-1 Recent Support for Public Welfare Initiatives

Figure 2-3 Charity Medal