On April 18, 2025, Sifang Optoelectronics Co., Ltd. (hereinafter referred to as Sifang Optoelectronics code: 688665. SH) officially released the "2024 Environmental, Social and Corporate Governance (ESG) Report" (hereinafter referred to as the "Report"). The reporting system presents the innovative practices and achievements of Sifang Optoelectronics in the fields of environmental protection, social responsibility, and corporate governance (ESG), and also demonstrates its responsibility as a science and technology innovation enterprise in promoting high-quality economic and social development and addressing global challenges.

Deepen ESG strategy and build sustainable development competitiveness with a global perspective

After more than 20 years of development, Sifang Optoelectronics has become an important representative enterprise in the intelligent gas sensor and gas science instrument industry at home and abroad. The brands "Sifang Optoelectronics" and "CUBIC" have gradually gained recognition in the global market.

Dr. Xiong Youhui, Chairman of Sifang Optoelectronics, pointed out that in the current deep restructuring of the global industrial chain, Sifang Optoelectronics deeply understands that ESG is not only a "passport" to the international market, but also a strategic cornerstone for enterprises to build long-term core competitiveness. Unlike the evaluation system based solely on financial indicators, ESG emphasizes the social responsibility of enterprises as social citizens in the process of business development from the three dimensions of environment, society, and corporate governance. Enterprises need to form a more comprehensive framework and system for sustainable development management, forming a virtuous cycle system of bottom-up, self driven by each business unit, gradual improvement, and continuous iteration, and enhancing comprehensive competitiveness.

Based on in-depth insights into industry trends and stakeholder demands, the company proposes innovative solutionsESGStrategy“I-GROWThe "Growth Pyramid" has systematically identified five key substantive issues: R&D innovation driven, talent ecosystem construction, sustainable supply chain construction, green and low-carbon transformation, and deepening customer value. Through practical actions, it demonstrates to society how to do a good jobESGThe determination to inject new momentum into the sustainable development of the company.

Sifang Optoelectronics Innovation ProposalESGStrategy“I-GROWThe Growth Pyramid

Adhere to people-oriented approach and create a sustainable development talent engine

Sifang Optoelectronics has always adhered to the talent values of "talent driven, innovation driven", implemented the strategy of strengthening the enterprise through talent, and continuously improved the employee career development system.

In terms of talent attraction, the dual wheel drive of "global recruitment+school enterprise co education" attracts 648 undergraduate and above elites annually, and jointly builds a talent reserve pool with universities. Moreover, as a national postdoctoral research station, Sifang Optoelectronics has attracted a large number of high-level professional and technical talents, providing strong talent support for the technological innovation and sustainable development of the enterprise.

Sifang Optoelectronics MultiMeasures to attract talent

In terms of talent cultivation, the company provides equal development and training opportunities for all employees, and is committed to building a comprehensive and in-depth employee training system that includes training, sailing plans, casting actions, employee education improvement plans, employee quality models, etc., to support the sustainable development of talents.

Building a diversified employee training system to support sustainable development of talents

While focusing on the growth and development of employees, the company also attaches great importance to their humanistic care. Through a series of employee care programs such as employee canteens, employee dormitories, commuter buses, fitness equipment, employee birthday meals, daily health apples, and employee symposiums, employee care is effectively implemented.

A series of implementation of employee relationsHuai Plan

The company attaches great importance to the construction of corporate culture and regards it as an important force in promoting high-quality development. Sifang Loong Boat Race, Annual Health Run, Sifang Children's Dream Garden "Winter Camp", Sifang Photoelectric Lion Dance Team, classic cultural ceramics, flower arrangement and other creative sports and entertainment activities combine cultural heritage with team forging, showing Sifang's sense of social responsibility and cultural charm. It is worth mentioning that the "Sifang Loong Boat Race" held for three consecutive years has become a business card of corporate culture. In 2024, the company's Loong Boat team won the championship in the Loong Boat competition in Hubei Province.

colorful and diverseCorporate Culture Activities

In addition, the company also protects the rights and interests of employees through employee benefits and rights optimization, salary promotion and incentives, health and safety training, and establishes harmonious, equal, and diverse labor relations with employees in accordance with the law, thereby enhancing the cohesion, productivity, and combat effectiveness of the majority of employees.

In the tide of a century of changes and industrial transformation, Sifang Optoelectronics is using ESG as a strategic pivot to build a virtuous cycle of 'technological advancement commercial success social value'. With continuous technological innovation and responsibility, it interprets the logic of China's intelligent manufacturing climbing up the global value chain, making 'CUBIC' a globally trusted sustainable development brand.