Wuxi Xinyu Cable Co., Ltd. 2023 Social Responsibility Report

In 2023, Wuxi Xinyu Cable Co., Ltd., while pursuing economic benefits and protecting shareholder interests, actively protected the legitimate rights and interests of employees, suppliers, and customers. It treated suppliers and customers with integrity, consciously integrating the requirements of fulfilling social responsibilities, promoting sustainable development, and green development into the company's development strategy and corporate culture. The company organically unified its economic and social responsibilities as its value pursuit, thus promoting harmonious development between the company and the entire society.
I. Company Overview:
Wuxi Xinyu Cable Co., Ltd. is located in Yixing, China's famous pottery capital. Its advantageous geographical location is at a key junction of the three major metropolitan areas of Shanghai, Nanjing, and Hangzhou, making transportation very convenient.
Founded in 1996, Xinyu Cable has been committed to developing and producing high-quality cable products. It is a medium-sized comprehensive enterprise integrating wire drawing, plastic production, and wire and cable production. The company possesses first-class production and testing equipment, with over 100 employees, including more than 10 technical personnel with intermediate and senior titles. The company has now developed into a medium-sized cable manufacturing enterprise with a land area of over 200,000 square meters, assets exceeding 300 million yuan, and an annual production capacity exceeding 1 billion yuan, becoming one of the domestic cable manufacturing enterprises with comprehensive competitiveness.
Over the years, Xinyu Cable has always adhered to the quality policy of "advocating scientific management, creating excellent brands, pursuing quality and efficiency, and satisfying customers." It has developed more than a thousand specifications of cable products in more than ten categories, including wires and cables, control cables, coaxial cables, power cables, cross-linked cables, high-voltage cables, computer cables, branch cables, low-smoke halogen-free cables, fluoroplastic cables, photovoltaic cables, and special cables. The company currently owns one domestically advanced 6-35kV cable three-layer co-extrusion cross-linking production line and other key production and testing equipment at the domestic advanced level. With its strong strength, Xinyu Cable has established a complete sales and service network in 20 provinces, municipalities, and autonomous regions across China. With excellent quality, excellent service, and good reputation, Xinyu Cable has been selected by State Grid Corporation and power companies in various provinces and cities, highway projects, subway projects, and railway projects. It is also recognized and used by many large and medium-sized state-owned enterprises.
In 2023, the company successively obtained the AAA Credit Rating Certificate, AAA Contract-Honoring and Credit-Keeping Certificate, High-tech Enterprise Certificate, Specialized and New Small and Medium-sized Enterprise Certificate, and Excellent Supplier Certificate. The company's products have obtained the mandatory product CCC certification certificate and industrial product production license. The company has successively applied for and obtained ISO9001 quality management system certification, ISO140001 environmental management system certification, ISO45001 occupational health and safety management system certification, and two-integration management system evaluation certificates.
Over the years, Xinyu Cable has achieved numerous brilliant achievements through its unique philosophy and innovative thinking. After more than ten years of market baptism, Xinyu Cable has become more mature and wise. In today's increasingly fierce market competition, Xinyu Cable, with its rich accumulation and brilliant achievements as its capital, actively participates in social charity work and extends a helping hand to vulnerable groups and those in need. In the future, with its outstanding strength and super-professional level, it will continue to forge ahead, create even more brilliant achievements, and make greater contributions to society.
II. Company's Social Responsibility Performance in 2023
(I) Improve Information Disclosure and Strengthen Information Disclosure Quality.
In 2023, the company strictly abided by and voluntarily fulfilled its information disclosure obligations in accordance with relevant laws and regulations, ensuring that information disclosure was true, accurate, timely, and complete, and enhancing the effectiveness of information disclosure. In 2023, the announcements published by the company on designated information disclosure media included annual, semi-annual, quarterly reports and related documents, and relevant announcements. There were no violations of fair information disclosure.
(II) Protection of Employees' Rights and Interests
1. Protecting Employees' Rights and Interests According to Law
The company has always adhered to the core value of putting people first, strictly observing the requirements of laws and regulations such as the Labor Law, the Labor Contract Law, and the Special Provisions on the Labor Protection of Female Employees. It adheres to the principle of equality, voluntariness, and mutual consultation to sign labor contracts with all employees. The establishment, performance, modification, termination, or termination of labor contracts are strictly handled in accordance with the procedures stipulated by national laws and regulations. The company actively pays medical insurance, pension insurance, unemployment insurance, work-related injury insurance, maternity insurance, and housing provident fund for its employees in accordance with national and local regulations. At the same time, in accordance with relevant regulations and in combination with the company's actual situation, it has established standards for employee attendance and labor discipline management and various holiday management systems, guaranteeing employees' rest and vacation rights through systems.
In addition, the company actively supports the trade union in carrying out its work according to law. For matters concerning the vital interests of employees, such as wages, welfare, and labor safety and hygiene, the company listens to employees' opinions through democratic forms such as employee representative meetings and cares about and values employees' reasonable needs.
2. Actively Fighting the Epidemic and Protecting Employees' Health and Safety
Although the peak of the COVID-19 epidemic has passed, the company still puts the safety and health of all employees first, actively doing various virus prevention and control work, and taking a series of preventive measures. The company's established prevention and control work team and prevention and control mechanism maintain attention to various viruses, understand the health status of employees in a timely manner, and provide as much assistance as possible. To effectively protect the health of employees, the company provided employees with free masks and other supplies during the peak period of the virus, carried out daily disinfection and sterilization work in various areas of the factory and office areas, and implemented measures such as staggered meals and daily set meals in the canteen to minimize the risk of infection and create a safe and healthy office and living environment for each employee.
(III) Actively Promoting Environmental Protection Work
1. Importance of Cultivating Environmental Protection Awareness Among Employees.
The company attaches importance to environmental protection, energy saving, green emission reduction, and management work. National environmental protection laws and regulations are promptly disseminated, and employees are organized to study them. Environmental protection publicity work is carried out to enhance employees' environmental protection awareness, and clean production audits are organized and passed. The company disseminates and implements the concept of environmental protection and energy saving and emission reduction through various forms.
2. Complying with National Environmental Protection Laws and Regulations and Establishing Company Environmental Management Systems and Contingency Plans.
The company's production and operation activities strictly abide by national environmental protection laws and regulations. According to the company's actual environmental management situation and needs, it has formulated management systems such as "Environmental Management Standards," "Environmental Emergency Response Plan," "Management Standards for Waste Materials and Waste Disposal," and "Regulations on Standardized Management of Hazardous Waste." The existing system can meet the current environmental protection requirements of the production and operation process.
3. Environmental Protection Management and Governance.
In the daily production and operation process, it strictly fulfills its environmental protection responsibilities and conducts environmental management and prevention and control work as required. The company improves its internal workflow, introduces an electronic office platform, and promotes green paperless offices. The company actively applies new energy-saving technologies and processes, continuously increases the efforts in energy-saving technological transformation, elimination of backwardness, clean production, and resource recycling and comprehensive utilization, and the energy-saving work has achieved significant results. In the daily production process, the company strictly operates according to national environmental protection requirements to minimize the adverse impact of the enterprise on the environment.
(IV) Protection of the Rights and Interests of Suppliers and Customers
The company upholds the business philosophy of honesty, cooperation, and mutual benefit, establishing good social relationships with suppliers, customers, and consumers. In accordance with the company's procurement management system, procurement bidding is conducted in accordance with the principles of openness, fairness, and impartiality. Supplier qualifications are rigorously screened, and contractual agreements are strictly observed and fulfilled. The company protects the trademarks, patents, and other intellectual property rights and trade secrets of suppliers and customers, fully respecting and upholding their legitimate rights and interests. Simultaneously, with a responsible attitude toward customers, the company improves and perfects its quality management system, understands the needs of customers and consumers, and enhances customer and consumer satisfaction with its products.
III. Self-Assessment of Social Responsibility Fulfillment
(1) Voluntary Blood Donation
Since the promulgation and implementation of the "People's Republic of China Blood Donation Law," the company's leadership has attached great importance to blood donation, using various methods to widely publicize the spirit and methods of blood donation, enhancing employees' sense of honor and responsibility regarding voluntary unpaid blood donation.
(2) Charitable Donations
The company actively participates in the charitable donation activities for entrepreneurs organized by higher-level authorities and donated anti-epidemic funds to the relevant community authorities during the fight against the COVID-19 pandemic.
IV. Future Outlook
In 2023, the company made certain efforts in promoting corporate sustainable development, environmental and ecological sustainability, and social sustainability, fulfilling certain social responsibilities. However, there is still a gap compared to the expectations of stakeholders and beneficiaries. The company will continue to adhere to the concept and obligation of fulfilling social responsibilities in the long term and improve its work in all aspects.
Since its establishment in 1996, the company has continuously adhered to its core values of "advocating scientific management and creating excellent brands." As a low-carbon promoter, it uses low-emission clean energy and energy-efficient production equipment in production, achieving low-carbon high-yield, adapting to the new trend of low-carbon economic development, actively developing low-carbon products, and leading the industry in carbon reduction, enabling the company to gain an advantage in market competition.
In 2024, the company released its first greenhouse gas report, adhering to the principles of green environmental protection and low carbon. The company commissioned the China Quality Certification Center to conduct a third-party verification and required the company to use this report as guidance, explore potential, carry out energy conservation and emission reduction work, and continuously adhere to a scientific international carbon emission management system in its work. Significant achievements have been made in quality improvement, energy management, and low-carbon environmental protection. The chairman requires continuous monitoring of the company's carbon emissions, the compilation and publication of a new 2023 greenhouse gas report, ensuring true customer peace of mind and satisfaction.
In future work, the company will continue to actively fulfill its social responsibilities, create a harmonious enterprise, actively participate in social public welfare, education, and environmental protection undertakings, promote the harmonious development of the company and the regional economy, and contribute to the implementation of scientific development and the construction of a harmonious society.