
Recently, the production base of Qunxian Group in southern China, Guangxi Gui Kang New Material Co., Ltd., has successfully completed the preparation of the "2024 ESG Sustainable Development Report". The report systematically sorts out the company's 17 issues in the three major fields of Environment, Social, and Governance, showing the company's practice and effectiveness in ESG sustainable development, while also identifying the direction for future optimization.

As a non-listed private enterprise, although the Group is not subject to regulatory requirements for ESG information disclosure, based on our pursuit of long-term value and our commitment to industry responsibility, we have officially completed our first ESG sustainable development report and released it internally, once again demonstrating our determination and confidence in green transformation.
Although there is still room for improvement compared to the internationally mature ESG disclosure standards, we see this report as an important starting point, continuously exploring the unique value of private manufacturing enterprises in green transformation, community win-win, and industry progress, and striving to become practitioners and promoters of ESG sustainable development in the iron alloy industry.
The journey is long, but as long as we keep moving forward, we will arrive; the task is difficult, but as long as we keep working hard, we will succeed.
Guided by the national "double carbon" goal, the Group has always integrated the concept of ESG sustainable development into its corporate strategy, and in partnership with stakeholders, we will drive green development through innovation and practice the mission of the times with responsibility, moving towards a more sustainable future together.