招港B(201872):2025年可持续发展报告（英文版）
原标题:招港B:2025年可持续发展报告（英文版） Annual Performance Achievements of the Year Annual Performance
effective implementation. Based on the 2024 assessment results strengthening the governance of boards of directors of
and Privacy Protection Policy, and revised 2 documents, namely Building on its initial-year deployment, in 2025, we focused CMPort Party Committee Convened 2025 Inspection Mobilization and Strengthening the Foundation and Enhancing Combat Effectiveness Case Deployment Conference On 18 March, CMPort Party Committee convened the 2025 Inspection Mobilization and Deployment Conference. The The Company continued to optimize the organizational setup of Party organizations. In 2025, we newly established 2 Party meeting thoroughly studied and implemented Xi Jinping's Thought on Socialism with Chinese Characteristics for a New branches and 1 Party committee, completed term renewals for 30 Party organizations, admitted 48 new Party members, Era, comprehensively implemented the guiding principles of the 20th CPC National Congress, the Second and Third handled 393 instances of Party member organizational transfer, carried out a series of training programs for full-time Plenary Sessions of the 20th CPC Central Committee, and the Fourth Plenary Session of the 20th CPC Central Commission Party affairs cadres, organized 6 training sessions for Party branch secretaries involving 343 attendances, and selected for Discipline Inspection. The conference mobilized and deployed the inspection work for the year. Xu Song, Secretary of and recognized 51 exemplary models of Outstanding Communist Party Members, Outstanding Party Affairs Workers, and the Party Committee, CEO, and Head of the Party Committee Inspection Work Leading Group, attended the meeting and Advanced Party Organizations. The Company continued to strengthen Party building management. In 2025, we developed delivered a speech. three lists for tasks, measures, and responsibilities, implemented Party building KPIs with one policy for each enterprise, and carried out supervision and inspections of our subsidiaries through forms such as the "Three Meetings and One Lecture" and development of activity venues. Integration of Party Building and Business Operations with Innovative Development The Company strengthened the integration of Party building and business operations through initiatives such as organizational foundation strengthening, brand empowerment, penetrative management, synergy among mass organizations, and creating model posts and building demonstration zones . The Company continued to explore innovative practices in Party-building co-development and business synergy. In 2025, China Merchants Port (South China) Bulk Cargo Management Center successfully held a fertilizer business exchange symposium themed Party Building Leadership to Build Synergy, Cooperation and Win-Win to Create the Future, jointly exploring a new paradigm for the dual integration of Party building + business. Working Together with One Heart and Collaborating as a Team CMPort Convened a Warning Education Meeting on Study and Education to Case thoroughly Implementing the Guiding Principles of the Central Eight-point Decision The Company deepened the "Tongxin Tonglian" Party building brand, promoted grassroots distinctive working methods, On 14 July, CMPort convened a warning education meeting on study and education to thoroughly implementing advanced the guidelines for "Creating Model Posts and Building Demonstration Zones", optimized the setup of Party member the guiding principles of the Central Eight-point Decision on Improving Party and Government Conduct. The Party responsibility zones and exemplary posts, and formed Party member task forces for tackling key challenges. The Company Committee Secretary and CEO, Xu Song, chaired the meeting and conducted a collective supervisory talk on Party actively fulfilled the social responsibilities of central state-owned enterprises stationed in Hong Kong. In 2025, we organized a conduct, clean governance, and anti-corruption work. The meeting communicated the relevant guiding principles on visit to the Chinese mainland for all Hong Kong employees and carried out the series of activities under the theme of CMPort the study and education on thoroughly implementing the Central Government's Eight-point Decision on Improving Party Happiness Community, supporting good governance in Hong Kong. The Company also carried out a youth mental well-being and Government Conduct from higher-level authorities and reported on serious cases of discipline violations and law enhancement initiative, developed a youth innovation action plan, and improved the mechanism of Party building guiding violations within CMG. Nearly 700 people attended the meeting, including members of the Company's leadership team, Youth League building. the Company's Senior Management, Party members and cadres at all levels, young cadres, newly promoted cadres, and personnel in key positions.ESG Management ESG Governance Structure Sustainability Management To further advance sustainable development, the Company, in alignment A clear, well-defined ESG organization structure is ESG Management ESG Governance Structure Sustainability Management To further advance sustainable development, the Company, in alignment A clear, well-defined ESG organization structure is
Non-financial risk, represented by ESG risks, has gradually become a significant long-term risk that enterprises can no longer ignore. conduct a dedicated stakeholder impact assessment prior to the implementation of projects such as new construction, expansion, The Company's Risk Management Department/Legal and Compliance Department is responsible for coordinating and providing renovation, and mergers and acquisitions, to identify the material impacts of our business activities on stakeholders and jointly guidance to all departments at headquarters and subordinate enterprises in conducting self-assessments and identification of discuss reasonable and appropriate solutions with stakeholders. The Company continuously builds and improves its stakeholder ESG risks and opportunities, and, in conjunction with feedback, evaluating the materiality and effectiveness of the identification complaint and grievance mechanisms, and tracks the outcomes of complaint and grievance handling.of risks and opportunities, ultimately forming a risk list, integrating it into the risk management system, and carrying out ongoing monitoring. All departments of the headquarters and subsidiary should, based on the results of the ESG risk and opportunity Stakeholder Communication identification, take relevant risk prevention and mitigation measures to advance the Company's steady development. Expectations and Appeals CMPort Response Category Channels In 2025, the Company incorporated ESG risks into its annual Top 10 Risk Assessment, requiring all departments of the headquarters and subsidiaries to proactively carry out sustainability-related risk identification or due diligence in light of their respective business ?Public information disclosure ? Innovate service methods, optimize service procedures, diversify service characteristics, and to identify and fully assess sustainability risks and opportunities that may have a material impact in the short, ?Customer visits formats, and respond to customer appeals in a timely and efficient ?Provide quality service medium, or long term on the Company's business model, business operations, development strategy, financial position, operating ?Regular customer meetings manner ?Safeguard of information security results, cash flows, and financing methods and costs. ?Responses to and handling of ? Improve information security protection systems to protect customer Customers ?Strengthen risk management customers' feedback data and privacy ?Customer satisfaction survey ? Identify potential risks and implement effective risk managementESG Policy Statements The Company has newly formulated the Stakeholder Engagement Policy and the Information Security and Privacy Protection ?Public information disclosure ?Transparent financial information ?Semi-annual and annual financial information disclosures ?Shareholders' Meeting disclosure ?Maintain continuous growth of business and profitabilityPolicy, and has revised and improved ESG-related documents including the Biodiversity and Zero Deforestation Policy Statement Shareholders ?Performance briefings ?Good business performance ? Explore high-quality assets and ensure good management and operation and the Human Rights Policy Commitments. These revisions were approved by the Board of Directors and publicly released, further and investors ?Research and exchange ?Maintain and increase the value of of existing assetssupplementing and improving the ESG policy statement system. activities assets ?Identify potential risks and implement effective risk management?Regular work meetings ?Strengthen risk management ESG Topic Management ?Public information disclosure ?Good operational cash flow ?Maintain steady operations and performance growth Creditors The Company continues to integrate ESG topic management into daily operations, with each department of the headquarters ?Irregular work meetings ?Project financing market opportunities ?Innovative financial cooperation models developing implementation plans, improving mechanisms, incorporating procedures, and including responsibilities in job descriptions based on functional work details. A performance assessment and monitoring mechanism has been established, and ?Public information disclosure ?Compliant operation ?Strictly comply with laws and regulations in operating activities Government information disclosure has been carried out to implement continuous optimization, forming a closed-loop management system. ?Industry exchange activities ?Tax compliance ?Tax complianceand regulatory The Board of Directors reviews the results of the materiality assessment on a regular annual basis, incorporates the annual material ?Daily communication and ?Support local economic development ?Create local employment opportunitiesauthorities reports ?Protect local ecological environment ?Actively fulfil corporate social responsibilities topics into our business development plan, and discloses and presents them in the annual sustainability report. ?Public information disclosure ? Provide competitive salaries and benefits, clarify promotion mechanisms ESG Assessment Mechanism ?Daily communication and ?Good development and promotion and pathways, and offer professional training meetings opportunities ? Safeguard employees' legal rights and establish whistleblower Employees CMPort has set ESG assessment standards, whereby ESG performance is assessed at two levels: for the year, and for the tenure. ?Standardized training ?Secure basic employee rights protection mechanismsThe yearly assessment indicators are designed according to the annual ESG strategic plan, while the tenure-specific assessment ?Internal feedback and ?Work-life balance ? Create a diverse, equal, inclusive, healthy, and safe work environment expression channels ?Organize employee caring activities such as holiday eventsindicators are designed on the basis of the long-term ESG strategic plan. By setting quantifiable ESG assessment indicators, the salary compensation links up with on ESG performance. During the Reporting Period, the Company has incorporated sustainability indicators such as energy conservation, carbon reduction, and safety production into the performance assessment of Senior ?Public information disclosure ?Win-win cooperation Suppliers and ?Project cooperation ?Improve and establish cooperation mechanismsManagement. ?Transparent procurement and honest partners ?Regular meetings ?Build a sustainable supply chainThe assessment results are reported at the ESG Leadership Team meeting. Those who outperform will be selected as outstanding cooperation ?Daily communication departments or subsidiaries, excellent ESG cases, excellent ESG projects or outstanding individuals. ? Strengthen identification of external risks of operating activities to avoid ?Public information disclosure ?Reduce the negative impact caused by Public welfare and reduce negative impacts Stakeholder Communication ?Collaboration in charitable operating activitiesorganizations ? Cooperate with local public welfare organizations to carry out tailored events ?Collaborate on charitable actions public welfare activities The support of stakeholders is crucial for the sustainable development of the Company. The Company continues to pay attention ? Promote local economic and social development through investment to the expectations of various stakeholders, and has established a multi-channel and diversified communication and feedback ?Public information disclosure ?Support local community developmentand operating activities Communities ?Charitable events ?Conduct public welfare volunteer mechanism. Thus we can maintain active and effective communication with stakeholders, deeply understand the demands, ? Collaborate with local communities and public service organizations to ?Volunteering services services opinions and suggestions of all parties, and jointly build a sustainable ecosystem. conduct context-specific charitable activities In 2025, the Company newly issued the Stakeholder Engagement Policy, aiming to clarify our commitments and actions related ?Reduce the negative impact caused by ?Public information disclosure ? Actively respond to media concerns and conduct media interviews operating activities to stakeholder engagement, fully understand the expectations and needs of all stakeholders, strengthen our communication and ?Industry exchange activities ? Improve the Company's business performance and sustainability Media ?The Company's industry influence cooperation with stakeholders, promote positive communication between us and stakeholders, and advance the harmonious ?External events of the influence in the industry ?Business performance and sustainability Company ?Invite media to participate in the Company's external eventsdevelopment of the regions where our business operations are located. This policy specifies that the Company is required to performance chapter. Standardizing the Operations of the Three Governance Bodies to provide training on laws and regulations related to inside information, and examined integrity risks in inside information Honours and Recognition management. For further details, please refer to the relevant system construction, regulatory procedures, and measures in feedback and suggestions through diverse channels, including on-site exchanges, telephone hotline, SZSE's Easy Interaction operating policies, and investment plans, and approve the reports from the Board of Directors. The annual Shareholders' Meeting platform, our WeChat official account, and by leaving messages on our official website or sending emails. is held once a year, and extraordinary Shareholders' Meetings are convened on an as-needed basis. The Company treats all The Company has set up the Investor Relations section on our official website, which collects and responds to investor inquiries, shareholders equally, ensuring the protection of shareholders' rights, particularly those of minority shareholders. In 2025, the complaints, and suggestions. Meanwhile, information related to investor relations management is promptly released and updated. Company convened 3 Shareholders' Meeting. The Company has made public the contact information for investors, including the phone number, fax number, and email address, and makes sure that the investor hotline is accessible during working hours and reply to the investors in a timely manner. The Board of Directors is the Company's decision-making body for operational matters, accountable to the Shareholders' Meeting. The Board has subcommittees, including the Strategy and Sustainability Committee, the Nomination, Remuneration and Assessment Committee, and the Audit Committee. These committees are accountable to the Board of Directors and carry out their duties as authorized by the Company's Articles of Association and the Board of Directors. Their proposals are submitted to the Board for discussion and decision-making. The Board of Directors consists of 12 members, including 4 independent directors. Enhancing External Information Disclosure Key Performance Number of meetings of the Audit Number of meetings Number of meetings of the 3 times 5 times Strengthening the Board of Directors The Company attaches great importance to the protection of shareholder rights, ensuring that shareholders can fully exercise their rights to information, expression, voting, and other rights, particularly the rights of minority shareholders. The Company has established an effective checks-and-balances mechanism and strengthened the proposal rights of minority All directors of the Company strictly adhere to the provisions of laws and regulations, as well as the Articles of Association and shareholders at the Shareholders' Meeting. It has expanded the scope and timeliness of legal actions available to minority the Rules of Procedures of the Board of Directors, demonstrating high levels of diligence and responsibility in their work. The shareholders. The Company's Articles of Association specify that directors are elected through a cumulative voting system, thereby directors, in close alignment with the Company's actual situation, actively contribute to significant governance and operational enhancing the rights of minority shareholders in selecting directors. To prevent inaction by Senior Management or directors and decisions, leveraging their professional knowledge and keen insights. During decision-making processes, the directors engage in substantial shareholders, minority shareholders have the right to convene a Shareholders' Meeting and propose suggestions to the thorough communication and in-depth discussions, reaching a consensus with an open and inclusive attitude, ultimately forming meeting. scientifically sound and rational opinions. At the same time, the directors continue to supervise and promote the implementation The Company has established a shareholder communication and engagement mechanism. It actively participates in dialogue of Board resolutions, ensuring that every decision is executed promptly and efficiently, fully safeguarding the legal rights of the with shareholders and investors through various initiatives, including shareholders' meetings, on-site investor research sessions, Company and all shareholders. performance briefings, analyst conferences, investor receptions, discussions, daily visits, and other channels. Investors can provide To ensure that independent directors maintain an independent and objective stance, the Board has established an annual review Composition of Board Members mechanism, conducting comprehensive evaluations of the independence of each independent director every year and promptly disclosing the special opinions on the self-assessment of independent directors' independence. Through detailed verification Duties of the Board Special Committees Whether of independent directors' service records and strict review of their self-assessment documents, the Company ensures that He/She is Nomination, Part of the independent directors do not hold any positions other than the independent director at the Company, nor at major shareholder Name Gender Age Position Professional Background and Skills Strategy and Remuneration Company's Audit Sustainability and companies, and that there are no interests or other factors that could impede their independent and objective judgement. Management Committee Committee Assessment In 2025, the Company held a total of 3 special meetings of Independent Directors to discuss and make decisions on important Team Committee corporate governance matters. During the year, the Company reviewed and approved the Proposal on the 2024 Independent Business Administration, Risk Feng √ Director Independence Self-Assessment Report and disclosed the Board's Special Opinion on the Independent Director Male 56 Chairman management. Transportation, √ Boming (Convener) Independence Self-Assessment and the annual work reports of the 4 independent directors, fully showcasing the Company's Strategic Management To ensure that independent directors maintain an independent and objective stance, the Board has established an annual review Composition of Board Members mechanism, conducting comprehensive evaluations of the independence of each independent director every year and promptly disclosing the special opinions on the self-assessment of independent directors' independence. Through detailed verification Duties of the Board Special Committees Whether of independent directors' service records and strict review of their self-assessment documents, the Company ensures that He/She is Nomination, Part of the independent directors do not hold any positions other than the independent director at the Company, nor at major shareholder Name Gender Age Position Professional Background and Skills Strategy and Remuneration Company's Audit Sustainability and companies, and that there are no interests or other factors that could impede their independent and objective judgement. Management Committee Committee Assessment In 2025, the Company held a total of 3 special meetings of Independent Directors to discuss and make decisions on important Team Committee corporate governance matters. During the year, the Company reviewed and approved the Proposal on the 2024 Independent Business Administration, Risk Feng √ Director Independence Self-Assessment Report and disclosed the Board's Special Opinion on the Independent Director Male 56 Chairman management. Transportation, √ Boming (Convener) Independence Self-Assessment and the annual work reports of the 4 independent directors, fully showcasing the Company's Strategic Management positive actions and concrete efforts in safeguarding board independence. Resources Management, Business Administration, International Xu Vice Chairman, Male 54 √ Business Management, √ Song CEO Transportation Planning and Management, Senior Economist In the corporate governance structure, Board independence is a key factor in ensuring fair, transparent, and scientific decision- making. The Company's Board currently has 4 independent directors, accounting for one-third of the total Board members, injecting independent and professional decision-making power into the Board, which helps to avoid improper influences from Proportion of Proportion of independent Proportion of independent directors on the Nomination, internal interest relationships. Independent directors perform their duties in strict accordance with the Company Law of the independent directors directors on the Audit Committee Remuneration and Assessment Committee People's Republic of China, the Code of Corporate Governance for Listed Companies, the Articles of Association, and Independent Director Work System, among other relevant regulations. With their profound professional knowledge and extensive practical 33.33% 100% 66.67% experience, they effectively fulfil their supervisory duties, playing an essential role in safeguarding the legitimate rights and interests of the Company and its shareholders. considered several key dimensions, including but not limited to gender, age, ethnicity, cultural background, educational experience, professional experience, skills, knowledge, and tenure.Currently, the Company's Board members come from diverse professional backgrounds, covering essential fields such as transportation, accounting and finance, law, industrial automation, and risk management. This diverse professional The Company rigorously complies with relevant laws and regulations on anti-bribery, fraud prevention, anti-money laundering, composition enables Board members to offer highly valuable perspectives and suggestions from different angles, strongly and unfair competition in the host countries and regions. It has further solidified overseas compliance and penetrating control, ensuring the scientific and rational nature of Board decisions. As of the end of the Reporting Period, female directors embedded compliance into our mindset, integrated it into business operations, and put it into action, steadily advanced the task of accounted for 8.33% of the Board. building a world-leading enterprise under the rule of law, and safeguarded our sound business operations and development. Company, employees, and suppliers. Republic of China, strengthening the compliance awareness of directors and Senior Management members. Additionally, training on anti-commercial bribery and anti-corruption training was provided to clearly define the red lines and danger Indicators Company's insider information was also offered. Dedicated ESG training was conducted to help directors, supervisors, and and Targets Target Indicator Progress During the Target Achievement Senior Management members understand the latest development trends and benchmark practices in the ESG field, and Reporting Period response plans ESG Special Training for CMPort Directors, Supervisors, and Senior Management MembersImproving the Compliance System The Company continuously improves its compliance and business ethics system, ensuring the effectiveness of its organization structure and decision-making mechanisms for compliance management, while strengthening its governance capabilities, market competitiveness, and corporate reputation. Compliance Risk Control Compliance Governance System Compliance System Improving the Compliance System The Company continuously improves its compliance and business ethics system, ensuring the effectiveness of its organization structure and decision-making mechanisms for compliance management, while strengthening its governance capabilities, market competitiveness, and corporate reputation. Compliance Risk Control Compliance Governance System Compliance System  |