QIRA 2022

Established in 1978, Tongda Group Holdings Limited (“Tongda” or the “Group”) has always adhered to forward-thinking and pragmatic attitudes, leading the development of industrial technology with innovative techniques and craftsmanship, creating value for customers and enhancing their satisfaction with products and life. The Group upholds the concept of "creating value for customers", deepening research and development to improve product quality and practicing sustainable principles in business operations, thereby creating long-term value for stakeholders.

Meeting Customers’ Needs with High-quality Products

Tongda is committed to fulfilling social responsibilities, in order to enhance mutual trust with customers and suppliers and foster long-term cooperation. The Group upholds the quality management approach of “high-tech, high-quality, high-efficiency while providing customers with satisfactory products and services”, striving to improve product quality and safety. To provide high-quality products, the Group implements full product lifecycle inspection, to strictly examine and control product quality, and ensure conformity to production quality. In addition, the Group continuously monitors the reliability test and review the reliability management on a quarterly basis to ensure accuracy of the experimental results.

To ensure product health and safety, the Group adheres to the hazardous substances free (“HSF”) management approach of “complying with laws and regulations, upholding environmental protection, gaining customer satisfaction, striving for continuous improvement”. It has enforced an effective hazardous substance process management (“HSPM”) system. Also, the Group has strictly carried out hazardous substance identification, assessment and control work, which are managed according to the risk level, in order to prevent environmental pollution or safety issues. Besides, innovative technology and craftsmanship are the core competitive strengths of Tongda. Therefore, the Group is committed to strengthening the protection, application and management of intellectual property rights. It has implemented relevant management regulations and promoted internal technological advancement and innovation with comprehensive assurance, so as to improve the Group’s market competitiveness and economic benefit.

Rewarding Employees through a Sound Employment System

The Group upholds the philosophy of “people-oriented” in building an excellent and diverse team. It also creates an equal, safe, healthy and friendly working environment for employees to realise the collective growth of the Group and employees. On top of a well-established employment system, the Group has established a competent position deployment management system to provide employees with diverse career development opportunities. In order to protect employees’ rights of career development, the Group conducts personnel changes adhering to the principle of fairness and justice, as well as strengthens the internal talent-sharing mechanism. The Group respects employees’ career development decisions. To support the operation and development of the Group, Tongda objectively considers factors such as employee training history, personal ability and performance, personal demand, etc., according to the business development planning and position arrangement, and carry out promotion, downgrading or transfer through negotiation between the two parties.

To promotes the work-life balance of employees, Tongda actively organises employee welfare programs and employee leisure activities to increase employees' sense of belonging to the Group. At the same time, the Group is committed to promoting communication among employees, and stablished “Employee Service Center”, “Police-Citizen Joint Mediation Office”, and “Tongda Career Development Planning Office” to aid employees in need.

Protecting Our Home with Green Operations

Tongda is committed to integrating sustainability concepts into environmental management. It not only strictly abides by national and local environmental laws and regulations, but also establishes an environmental management system to strengthen the management of resource utilisation, emissions pollution and climate change, in order to promote green operation. To enhance the effectiveness of environmental management, the Group actively promotes material upgrading, optimisation of production processes, so as to reduce the production of scrap and hazardous waste, and hence prevent hazardous waste leakage and environmental pollution. At the same time, all of the Group’s subsidiary divisions have developed management plan for waste reduction target, such as 100% of monthly on-time treatment for hazardous waste and generating less than 0.18 tonnes of waste lamps, etc., and monitored the progress of waste reduction measures.

To realise green and low-carbon operations, each division of the Group has constituted an Energy Management Task Force to enforce the energy-saving and emission reduction management system, and carry out energy consumption statistics, equipment inspection and electricity consumption supervision, etc. By formulating targets and evaluating performance on a regular basis, it has facilitated the constant improvement of energy efficiency to prevent wasting energy and resources. In addition, the Group actively uses renewable energy and has built photovoltaic systems in its factories, expecting to save 1 million kWh of electricity annually.

Serving Communities through Public Welfare

Tongda is committed to understanding the needs of local communities, actively assuming social responsibilities and focusing on education and supporting epidemic prevention and control. The Group has invested approximately RMB 5 million in social welfare. In addition, the Group has actively carried out charitable activities and encouraged employees to participate in community construction and development, contributing to the society with care and services.

Faced with forthcoming challenges, Tongda will continually monitor market changes, responds actively to various opportunities and risks, as well as maintain sound corporate governance, to ensure expanding diverse businesses while sustaining steady growth . Meanwhile, to advance the performance, progress and goals of sustainability, the Group continuously enhances environmental, social and governance management systems, and adheres to the concept of sustainable development.

Tongda Creating Long-term Value through Sustainability