Sustainable Development

Data of 2024

In 2024, MESNAC integrated responsibility into its strategy and fulfilled its mission through action, delivering a comprehensive report in the four dimensions of economic, social, environmental and governance (ESG).

Economic Performance
Social Performance
Environmental Performance
Governance Performance

71.78
billion

Revenue
6.31
million

Total Profi
0.5
share

Basic Earnings Per Share
1.91
million

Total Tax Payment
186
billion

Total Assets

4580
people

Total Number of Employees
100
%

Labor Contract Signing Rate
100
%

Social Insurance Coverage Rate
72
million

Total Investment in Employee Training
600
+person-times

Number of Employees Participating in Training
40,648
million

R&D Investment
100
%

Product Qualification Rate
100
%

Customer Complaint Resolution Rate

100
%

Pollutant Monitoring Compliance Rate
100
%

Synchronous Operation Rate of Environmental Protection Facilities
100
%

Compliance Rate of Environmental Protection for Construction Projects
1,368
million

Total Investment in Environmental Protection
4.42
tons of standard coal

Total Direct Energy Consumption
28.7
tons

Total Water Consumption

3
secondary

Number of Shareholders' Meetings Held
9
secondary

Number of Board Meetings Held
8
secondary

Number of Supervisory Board Meetings Held
28.57
%

Percentage of Women on the Board
42.86
%

Percentage of Independent Directors on the Board

Governance Optimization

MESNAC has established a standardized governance framework for a listed company, aiming to strengthen its risk control defenses, enhance decision-making quality, and ultimately drive technological innovation and empower its global business operations.

Governance Structure

The company places great emphasis on the challenges and opportunities brought by enterprise development and has established a sound governance structure to ensure high-quality and sustainable development.

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Three-mechanism Governance

Since going public, the company has strictly adhered to the requirements of relevant corporate governance regulatory documents, operated in a standardized manner, and continuously improved its corporate governance structure. It operates strictly in accordance with the governance framework of the shareholders' assembly, board of directors, supervisory board, and management.

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Compliant Disclosure

The company consistently adheres to the principles of "fairness, openness, truthfulness, accuracy, completeness, and timeliness" in information disclosure. It has released 4 regular reports and 70 interim reports.

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Strengthening Investor Relations

The company continuously promotes investor relations management, actively communicating with investors through various channels, responding to investor concerns, and safeguarding investors' legitimate rights and interests such as the right to information and the right to vote, thereby securing mutual trust.

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Anti-Commercial Bribery and Anti-Corruption

The company actively establishes multi-dimensional reporting channels, including a 24-hour uninterrupted reporting hotline, a dedicated mailbox for integrity supervision, and an on1line anonymous reporting platform, providing convenient feedback avenues for whistleblowers.

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Shareholder Rights Protection

Since going public, the company has distributed cash dividends 13 times, with a cumulative cash dividend distribution of RMB 476 million. In the past three years, the company has implemented cash dividends annually, with a cumulative cash dividend distribution of RMB 247.9825 million.

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Environmental Protection

MESNAC actively practices the concept of green development, adhering to the guideline of "energy conservation, consumption reduction, pollution reduction, and efficiency enhancement." It has taken a series of concrete and effective measures in addressing climate change, optimizing environmental governance, scientifically managing pollution emissions, and rationally allocating resources.

Clean energy utilization

The company continuously increases its investment in promoting energy- saving technologies and equipment and steadily implements a series of energy-saving projects. Among them, the company has carried out photovoltaic project construction, fully utilizing the roofs of factory buildings and parking lots to build a photovoltaic power station with a total installed capacity of 2MW.

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Scientific Pollution Emission Control

To reduce pollutant emissions,MESNAC strictly controls wastewater, exhaust gases, dust,solid waste, and noise generated from production and living activities. The company fully considers its production scale, process characteristics, and product types to establish specialized control procedures and plan governance measures tailored to its needs, covering the entire process from source control to treatment process selection and facility maintenance, ensuring compliance with regulatory requirements.

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Smart Energy Management

The company has developed a smart energy management system that automatically collects and analyzes energy data for the entire park, including electricity, steam, compressed air, and water.

Combined with the production management system, it reasonably plans and utilizes energy to reduce energy consumption per unit of product, thereby improving economic efficiency.

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Geothermal Resource Utilization

The company fully develops and utilizes local geothermal resources, installs ground-source heat pump units, and builds a heating and cooling system with shallow geothermal energy as the cold and heat source,providing centralized heating and cooling services for living areas and production and office areas.

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Process Improvement

The company actively fulfills its social responsibilities, continuously increasing its investment in energy conservation and carbon reduction, and deeply carrying out multi-level energy-saving transformations. By introducing advanced technological equipment and optimizing production flows, it significantly improves resource utilization efficiency and effectively reduces greenhouse gas emissions in the production process, providing practical support for promoting green transformation and sustainable development in the industry.

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In 2019, the company was awarded the title of "Green Factory" by the Ministry of Industry and Information Technology of the People's Republic of China and the China Petroleum and Chemical Industry Federation, respectively.

Green Technology

MESNAC is committed to applying environmentally friendly processes to reduce energy consumption in production, minimize waste emissions, and enhance product recyclability. Through technological innovation and digital transformation, it promotes green transformation in the rubber tire industry. To achieve the goal of carbon neutrality across the entire value chain by 2050, the company will continue to strengthen technological research and development, build a green and low-carbon intelligent manufacturing system, and provide technological support for global environmental protection and sustainable resource utilization.

New Rubber Materials
Intelligent Manufacturing for Energy Conservation
Exhaust Gas Treatment Solutions
Smart Green Energy
Digital Technology Integration
Low-Carbon Supply Chain Construction

New Rubber Materials

Relying on the innovation platform of the National Engineering Research Center for Rubber and Tire-NERCRAT, the company produces EVEC® rubber, which innovatively adopts continuous liquid-phase mixing technology, significantly reducing energy consumption and greenhouse gas emissions during the production process. This breakthrough material, with its excellent performance, has a wide range of applications and achieves remarkable results in energy conservation and emission reduction.

Intelligent Manufacturing for Energy Conservation

MESNAC has introduced a comprehensive energy-saving solution for the entire tire manufacturing process, including energy-saving solutions for banbury mixing, semi-finished products, building and curing. By adopting new processes,materials, equipment, and control systems, it helps tire companies reduce average energy consumption by more than 15%, fulfilling its commitment as a "Green Factory."

Exhaust Gas Treatment Solutions

MESNAC focuses on industrial exhaust gas and odor treatment, integrating intelligent manufacturing, informatization, and big data technologies to assist in the intelligent upgrading of the environmental protection industry. It provides comprehensive high-end solutions for VOCs treatment in the industry, including ventilation and dust removal, exhaust gas detection, treatment equipment, core materials, VOCs online monitoring systems, environmental protection informatization systems, and third-party operation and maintenance services.

Smart Green Energy

Relying on its technological accumulation and resource advantages in the rubber industry over many years, MESNAC continues to lead energy-saving technological innovation, providing customized comprehensive solutions of clean energy for various scenarios and energy combinations, empowering enterprises to achieve high-quality development goals that are green, low-carbon, energy- efficient, and economically sustainable.

Digital Technology Integration

MESNAC utilizes advanced digital technologies to reconstruct the tire manufacturing model, enabling it to adapt to the flexible manufacturing needs of multiple varieties and small batches, such as industrial vision, intelligent operation and maintenance, and big data analysis technologies. The application of these technologies not only improves the intelligent level of tire production, reduces manual intervention, but also enhances the transparency and traceability of the production process, achieving high-quality, efficient, and low-cost production goals. In particular, in terms of quality assessment, MESNAC has developed a tire online inspection system and algorithms for automatic early warning and intelligent fault diagnosis and adjustment, further ensuring product quality while improving production efficiency.

Low-Carbon Supply Chain Construction

With a platform-based mindset to enhance sustainable development capabilities, MESNAC has built a modular ROC research and development platform and an algorithm platform based on "mechanism models + data models." By establishing modules for production and manufacturing full-chain quality prediction and closed-loop control, process parameter optimization, and graphical configuration, MESNAC has achieved digital equipment designing, software-based digital knowledge, and platform-based industrial software. In precision manufacturing, MESNAC is equipped with over 300 sets of CNAS-certified precision measurement and testing equipment and over 200 sets of precision machining equipment, ensuring the precision manufacturing of core components and parts. The company's innovative processes guarantee sustainable high-quality development.

Employee Rights

Safeguarding employee rights is the foundation of resilience for corporate sustainable development. It builds trust, drives innovation, and serves as the solid cornerstone of MESNAC's long-term value and reputation.

Rights Protection
Salary and Performance
Democratic Management
Paid Leave
Employee Development
Training System
Occupational Health and Work Safety
Cultural Activities

Rights Protection

The company upholds an open andinclusive cultural philosophy, committedto creating a diversified workplaceenvironment. The company firmlybelieves that every employee deservesequal opportunities and respect, regardlessof race, gender, religious beliefs, or ethnicbackground. It adheres to corporateresponsibilities, resolutely prohibits childlabor, opposes any forms of forced laborand insulting and harassing behaviors,remaining dedicated to safeguarding thedignity and rights of employees.

Salary and Performance

The company always adheres to a people-oriented philosophy,building a developmentpattern where employees coexist and thrivewith the company. It strictly complies with therelevant provisions of the Labor Law and theLabor Contract Law, legally handling all socialinsurance and housing funds for all employees,achieving a 100% labor contract signing rate, a100% social insurance coverage rate, and a100% on-time and full payment rate of wages.The company has established a comprehensiveperformance management system for allemployees and built a digital assessmentplatform to achieve full-process closed-loopmanagement, injecting momentum into thecompany's sustainable development.

Democratic Management

The company actively practices democraticmanagement,building a sound system ofworkers' congresses and deepening thetransparency of factory affairs. The companyutilizes digital platforms to open up newregular paths for suggestions and organizegreeting visits to listen to employees' voices,continuously innovating democraticmanagement methods.

Paid Leave

The company has established a completepaid leave system, covering variousnational statutory holidays and annual leaveas well as traditional Chinese Festivalholidays and leave for accompanyingchildren during their entrance exams.

Employee Development

The company has established a multi-sequence and tiered career developmentpath, fully reflecting the principle offairness. Based on job value assessmentand personal competency models, it hasestablished a development mechanismencompassing salary and benefits, skillstraining, and job promotion, ensuringequal development opportunities foreach and every employees.

Training System

People-oriented and talent-based, we believe our employees are the company's most valuable asset. Through various training mechanisms, we provide employees with ample opportunities for development, enabling them to become the kind of people we need.

Occupational Health and Work Safety

The company has constructed a full-cycleproduction safety process covering risk prevention,emergency response, and continuous improvementthrough a management model integrating system,technology and culture. The company has obtainedISO 4500l occupational health and safetymanagement system certification.

Cultural Activities

The company adheres to people-orientedphilosophies such as "People Orientation isin Our Nature" and "Work Harder for LivingBetter.'" It plans and organizes a variety ofcultural and sports activities to continuouslyimprove employees' sense of happiness andparticipation.

Win-Win Outcomes for Society

In the process of sustainable development, MESNAC relies on technological innovation to strengthen its core competitiveness while driving greentransformation in the industry. By.collaboraling with various stakeholders,ft aohitoves cficient resource utlization and envitonment protection,filfilingits social responsibilities with concrete actions and contributing significantly to building a harmonious and sustainable social ecosystem.

University-Enterprise Cooperation
Industry Co-construction
Building the Chain of Responsibility
Focus on Quality Control
Excellent Quality Services
Strict Information Security

University-Enterprise Cooperation

The company establishes various types ofcooperation models with universities, such astalent cultivation, research projects, andtechnology incubation. On this basis, it conductsin-depth research on core theories andtechnologies in rubber processes,equipment,reliability, and intelligent technologies, havingmade a lot of achievements in equipmentreliability theory, digital prototypes, new materialresearch and application, and vision technology.

Industry Co-construction

MESNAC deeply collaborates with industry associations and govemment agencies to research new technologies and industrial imnovation paths, Ithased the formulation and revision of more than ten intemational, national, and industry standards and taken the initiative to establish the China Tirentelligent Manufacturing and Standardization Alliance, continuously driving industrial innovation and upgrading.

Building the Chain of Responsibility

Based on its business layout and strategic needs, thecompany implements full lifecycle management forsuppliers. By strengthening the collaborativeefficiency of various links in the supply chain, it isstriving to build an efficient, transparent, andsustainable supply chain management system.

Focus on Quality Control

The company has established a quality controlsystem, clarifying process owners, departmentalresponsibilities and capabilities. It regularlyconducts audits, supervision, and evaluations of theprocesses in accordance with the requirements ofthe quality control sy stem to ensure theeffectiveness and suitability of the managementsystem.

Excellent Quality Services

The company strives to safeguard customer rightsand interests. In response to customer complaintsdepartments and business divisions to deeplyanalyze the root causes of the problems andefficiently promote the implementation ofsolutions,ensuring customer satisfaction andmaintaining good cooperative relationships.

The company has launched a"QualityInformation System" to efficiently handlecustomer complaints, achieving full closed-loopmanagement from problem collection to judgment,monitoring, and handling. It also implementscustomer follow-ups to ensure thorough problemresolution, leveraging technology to enhancecustomer service experience and satisfaction.

Strict Information Security

The company has formulated a"Confidentiality Management System,"built a comprehensive information securitymanagement organizational system, andconducted regular information securitymanagement and emergency incidentmanagement. It has obtained ISO27001information security management systemcertification to ensure information security.

In the development process of soft control, we have always benefited from the strong support of customers and various sectors of society. The company actively practices its public welfare responsibility and deeply participates in social undertakings such as education poverty alleviation, community construction, and disaster relief.