Report Foreword

1、 This report is the Environmental, Social, and Governance (ESG) report of Jiangsu Gaze Automotive Parts Co., Ltd. (hereinafter referred to as "Jiangsu Gaze") for 2025. It strictly follows the ESG information disclosure standards of domestic enterprises and the sustainable development guidelines of the automotive parts industry, and objectively, truthfully, and comprehensively discloses the company's practical measures, operational results, and future plans in the three dimensions of environmental governance, social responsibility, and corporate governance in 2025. Report scope: Covering the company's two major production bases in Taicang and Changshu, covering the entire business chain of research and development, procurement, production, quality inspection, sales, warehousing, and after-sales service. Time range: January 1, 2025 to December 31, 2025 Data sources: company operation data, environmental monitoring reports, system certification materials, internal management ledgers, customer and social evaluation data, etc. Release format: Annual public disclosure, which can be used for enterprise publicity, customer review, supply chain rating, evaluation application, and external brand display.

2、 The company always adheres to the development vision of green, low-carbon, innovative, and sustainable operation, with the mission of "manufacturing more low-carbon and recyclable automotive interior and exterior parts for new energy vehicles". It adheres to the core development concept of "quality-oriented, honest management, green intelligent manufacturing, and co construction and sharing", and deeply integrates the ESG sustainable development concept into the company's strategic planning and daily operations. Relying on core advantages such as green factories, specialized and innovative small and medium-sized enterprises, and city level enterprise technology centers, we will continue to promote green production, technological innovation, compliance governance, employee empowerment, and social welfare, achieve coordinated high-quality development of enterprises, environment, employees, supply chain, and society, and strive to become a leading global supplier of green automotive decoration parts.

3、 Jiangsu Gaze was established in 2021, specializing in the research and development, production, and sales of automotive wheel hub decorations, body logos, and interior and exterior parts. It has four complete core processes including nameplates, injection molding, painting, and assembly, and has intelligent and integrated production capabilities. The company has established dual production bases and also expanded into overseas markets, setting up a US branch and a Rayong production base in Thailand to continuously expand its global green supply chain layout. The company's products are matched with well-known domestic and foreign automotive and parts leading enterprises such as BYD, CITIC Dicastal, Chery, NIO, Leapmotor, and Wanfeng Aowei. With stable quality, green production mode, and standardized management, it has been awarded multiple honors such as Green Factory, High tech Enterprise, Specialized and New Small and Medium sized Enterprise, and Excellent Supplier. It has also passed multiple system certifications such as TS16949, ISO14001, and ISO45001.

Chapter 1 Corporate Governance (G) - Compliance and Integrity, Lean Governance, Stable Operation

1.1 Improving governance structure: The company establishes a modern governance structure with clear rights and responsibilities, standardized and efficient. The general manager is the first person responsible, and functional departments such as quality department, technology research and development center, production department, environmental safety department, supply chain department, and administrative personnel department are established to form a governance system of "scientific decision-making, efficient execution, and effective supervision". Improve the Chief Quality Officer system, comprehensively coordinate quality control, compliance management, and credit construction, and ensure standardized, institutionalized, and long-term operation of enterprises. Each department has clear job responsibilities and standardized processes, achieving closed-loop governance of production and operation, quality control, environmental safety, and personnel management throughout the entire process.

1.2 Compliance and Integrity Management The company strictly abides by national laws, regulations, and industry norms such as the Company Law, Product Quality Law, Environmental Protection Law, and Safety Production Law, adheres to the bottom line of compliance management, and establishes a sound compliance management system and risk prevention and control system. Throughout the year, there have been no administrative penalties, no business dishonesty, no quality violations, and no records of environmental violations. The company's quality credit rating has consistently maintained A-level trustworthiness. Adhere to the concept of integrity management, eliminate false advertising, malicious competition, breach of contract, and other behaviors, strictly fulfill contractual agreements, continuously obtain the honor of "Excellent Supplier" from core customers such as CITIC Dicastal, and establish a good corporate credit and brand image.

1.3 Deep implementation of quality governance and risk control in the automotive industry TS16949 quality management system, establishment of a full process quality traceability system, and realization of traceability throughout the entire chain of raw material warehousing, production and processing, finished product inspection, and outbound delivery. Regularly carry out quality and integrity publicity and education, as well as training for all staff, promote the quality responsibility system, performance evaluation system, and problem review and rectification mechanism. By 2025, the first pass rate of products will reach 99.85%, the customer rejection rate will be as low as 0.03%, and there will be no major quality and safety accidents throughout the year. At the same time, establish a multi-dimensional risk control mechanism for quality, safety, environmental protection, and supply chain, regularly conduct risk assessments, hidden danger rectification, emergency drills, and comprehensively prevent business risks.

1.4 Collaborative governance of the supply chain establishes a management system for supplier admission, review, rating, and dynamic elimination, incorporating green production, quality integrity, compliant operation, and environmental qualifications into the core indicators of supplier assessment. Priority is given to selecting green, compliant, trustworthy, and high-quality cooperative suppliers. Regularly conduct supplier special audits and empowerment training to drive the improvement of quality control, green production, and compliance governance levels in upstream and downstream supply chains, and jointly build a green, honest, stable, and sustainable automotive parts supply chain ecosystem.

Chapter 2 Environmental Responsibility (E) - Green Intelligent Manufacturing, Low Carbon Energy Conservation, and Circular Development

2.1 Construction of Green Factory System As a national level green factory, the company regards green and low-carbon development as its core strategy, fully implements the green production management system, and strictly implements the ISO14001 environmental management system and ISO45001 occupational health and safety management system standards. Continuously optimize the production layout of the factory area, upgrade intelligent green production equipment, transform energy-saving production lines, reduce energy consumption, material consumption, and pollutant emissions from the source, create low-carbon, efficient, and environmentally friendly intelligent production workshops, and achieve green production processes, standardized control, and compliant emissions.

2.2 Energy Conservation, Emission Reduction and Low Carbon Transformation In 2025, the company will continue to promote energy conservation and consumption reduction transformation, carry out special optimization for high energy consuming processes such as injection molding and painting, replace energy-saving equipment, optimize production processes, and promote staggered production modes, effectively reducing unit product energy consumption and carbon emissions. Relying on an intelligent central control system, real-time monitoring of equipment operation and energy consumption, and precise control of energy loss. At the same time, we focus on the research and development of lightweight and low-carbon new energy vehicle components, continuously developing low wind resistance, recyclable, and lightweight wheel hub decorative products, practicing low-carbon concepts from the product design end, and helping vehicle enterprises achieve their goals of reducing wind resistance, energy consumption, and carbon emissions.

2.3 Pollutant Compliance Management: The company establishes a comprehensive management system for exhaust gas, wastewater, solid waste, and noise, strictly implements the three simultaneous environmental protection system, and ensures the normal and stable operation of all pollutant treatment facilities. Third party environmental monitoring is regularly conducted, and all emission indicators throughout the year exceed national standards, achieving zero environmental violations and zero pollution accidents. Waste gas treatment: For the waste gas from painting and injection molding processes, professional waste gas collection and purification equipment is provided to effectively treat organic waste gas and meet emission standards; Wastewater treatment: classified collection, graded treatment, recycling, and compliant discharge of production wastewater and domestic sewage; Solid waste management: Implement classified management of solid waste, recycle and reuse general solid waste, assign dedicated personnel to control hazardous solid waste, and dispose of it in compliance with regulations by qualified units to prevent disorderly discharge and disposal of solid waste; Noise control: Through equipment noise reduction, workshop sound insulation, and reasonable layout, strict control of production noise is implemented to ensure compliance with the factory and surrounding environment.

2.4 Circular Economy and Green Innovation Companies vigorously promote the circular economy model, optimize the utilization rate of raw materials, recycle and reuse the scraps and qualified waste generated in the production process, effectively reduce material loss, and improve resource utilization. Relying on the research and development advantages of the enterprise technology center, we will continue to carry out green process innovation, optimize coating processes, upgrade environmentally friendly materials, and reduce the use of chemicals and the generation of pollutants. By 2025, a total of multiple green quality improvement projects will be completed, driving green and low-carbon development through technological innovation and continuously enhancing the sustainable development capabilities of enterprises. Chapter 3 Social Responsibility (S) - Empowering Employees, Serving Customers, Giving Back to Society, Building Win Win Cooperation

3.1 Employee Rights Protection and Empowerment Development The company adheres to the principle of people-oriented, strictly abides by labor laws and regulations, comprehensively protects the legitimate rights and interests of employees, standardizes labor contract management, social security payment, salary and welfare system, and eliminates employment violations. Establish a comprehensive employee growth system, establish a hierarchical training mechanism, and regularly carry out special training on quality skills, safety production, environmental protection knowledge, professional ethics, quality integrity, etc. By 2025, the cumulative training time will exceed 1200 hours, comprehensively improving employees' professional abilities and comprehensive qualities. At the same time, improve occupational health and safety management, regularly conduct occupational health examinations, safety emergency drills, and workshop safety hazard inspections, optimize the production and operation environment, equip with complete labor protection equipment, and comprehensively ensure the safety and physical and mental health of employees' operations. Regularly carry out skill competitions, benchmark selection, and team building activities to create a united and positive corporate culture atmosphere, enhance employees' sense of belonging and happiness.

3.2 Customer Responsibility and Quality Fulfillment The company adheres to the customer service philosophy of "quality first, integrity fulfillment", and rewards customers with high standard product quality, efficient delivery, and comprehensive service. Relying on a rigorous quality control system, we continuously and stably produce high-quality automotive parts products that meet the demands of the new energy vehicle and traditional passenger car markets. Establish a comprehensive customer feedback and after-sales response mechanism, implement 8D problem rectification closed-loop management, achieve a 100% timely response rate for customer complaints, and achieve a customer satisfaction score of 96.2 points by 2025. With high-quality products and services, we will continue to gain recognition from core customers both domestically and internationally, and solidify our supply chain strategic cooperation relationship.

3.3 Strengthening the Bottom Line of Safety Production The company attaches great importance to safety production management, fully implements the safety production responsibility system, and establishes a regular safety investigation, hidden danger rectification, and emergency drill mechanism. Carry out daily safety inspections in key areas such as production workshops, storage areas, and equipment rooms, regularly conduct special training and emergency drills on fire safety, equipment safety, and job safety, and strengthen the safety awareness of all staff. By 2025, achieve zero safety production accidents and zero major work-related injuries throughout the year, and strengthen the defense line of enterprise safety production.

3.4 Social Welfare and Industry Contribution: The company actively fulfills its corporate social responsibility, roots in local industries, steadily absorbs local employment, and helps local economic development and industrial upgrading. Actively participate in local public welfare undertakings and industry technology exchange activities, actively share practical experience in green production, quality control, and intelligent manufacturing, and help promote the green, standardized, and high-quality development of the automotive parts industry. At the same time, we will continue to deeply cultivate overseas markets, lay out production bases in Thailand, export Chinese intelligent manufacturing and green manufacturing standards, and enhance the international influence of local automotive parts enterprises.

Chapter 4 ESG Core Performance in 2025

4.1 Environmental Performance (E) • National level green factories continue to operate in compliance with standards, and the green production system is fully implemented; All year round emissions of waste gas, wastewater, solid waste, and noise are 100% compliant, with zero environmental accidents; Continuously promote energy-saving transformation and process optimization, and steadily reduce energy consumption per unit product; The resource recycling rate continues to improve, and the material loss rate is decreasing year by year.

4.2 Social Performance (S) • Employee social security coverage rate of 100%, occupational health examination coverage rate of 100%; There were no safety accidents throughout the year, and emergency drills and safety training were carried out on a regular basis; Customer satisfaction score 96.2, with a timely complaint handling rate of 100%; Awarded as an excellent supplier of CITIC Dicastal in 2025, with a continuously improving industry reputation.

4.3 Governance performance (G) • No administrative penalties, no business dishonesty, no compliance risk accidents throughout the year, and a quality credit rating of A-level trustworthiness; TS16949, ISO14001, ISO45001 systems continue to operate effectively; The first pass rate of the product is 99.85%, the customer batch return rate is 0.03%, and there have been no major quality accidents; The supplier compliance assessment coverage rate is 100%, and the collaborative governance of the supply chain has achieved significant results.

Chapter 5: Future Prospects and Sustainable Development Planning

Based on the development achievements by 2025, Jiangsu Gezi will continue to deepen its ESG sustainable development strategy, deeply integrating green development, compliance governance, and social responsibility into the company's long-term development plan. At the environmental level, we will continue to promote low-carbon technological transformation, green process innovation, and clean energy substitution, deepen the construction of national level green factories, continuously reduce production carbon emissions, and create a benchmark for green and intelligent manufacturing in the industry; At the governance level, we will continue to improve the modern governance system, quality credit system, and supply chain coordination system, strengthen risk prevention and control, and adhere to the bottom line of compliance and integrity; At the social level, we will continue to empower employees to grow, deepen customer service, practice social welfare, and drive the coordinated and sustainable development of upstream and downstream supply chains. In the future, the company will always adhere to the original intention of green sustainability, honest operation, and innovative development, drive quality upgrading with technological innovation, practice low-carbon responsibility with green intelligent manufacturing, ensure stable development with compliance governance, continuously create diverse environmental, social, and economic values, and help the automotive industry achieve high-quality and sustainable development.

Report Conclusion

In 2025, Jiangsu Gezi will always adhere to the ESG sustainable development concept, steadily deepen and solidly implement in the fields of environmental governance, social responsibility, and corporate governance, and achieve a synergistic win-win situation between enterprise operation, ecological protection, and social development. In the future, the company will continue to fulfill its corporate responsibility, strive for excellence, and continuously improve. With stricter standards, more innovative technologies, and more pragmatic actions, it will continue to promote green, standardized, and high-end development, and make every effort to create a highly competitive green automotive parts intelligent manufacturing enterprise, contributing to the sustainable development of the industry with the strength of Gates.

Jiangsu Gaze Automotive Parts Co., Ltd. March 5, 2026