2024-04-22-上交所-Jiangsu_Hengli_Hydraulic_Co.,_Ltd._2023_Annual_Social_Responsibility_Report_15页_7mb

Summary of Jiangsu Hengli Hydraulic Co., Ltd. Annual Social Responsibility Report (2023)

Company Profile: Established in 2005 and listed on the A-share market (stock code: 601100), Jiangsu Hengli Hydraulic Co., Ltd. specializes in high-end hydraulic components and system integration, with a vision of becoming a century-old global enterprise with international influence. The company has expanded its operations globally, investing in factories in Mexico, Brazil, and Singapore.

Strategic Direction: Hengli is transitioning from excavators to high-end machinery, agricultural equipment, and electromechanical integration. It emphasizes green electrification, digitization, and industrial automation, with R&D investments in emerging areas like electric cylinders and precision ball screws.

Key Innovations:

• Product Development: Achieved breakthroughs in hydraulic pumps, valves, linear sensors, and ultra-high-speed cylinders.
• Electrification Projects: Launches electric cylinder series and digital control systems, contributing to industrial automation.
• Patents & R&D: Holds 681 patents, including 99 invention patents, with 7.73% of operating revenue invested in R&D.

Social Responsibility:

• Employee Welfare: Provides comprehensive healthcare, million-yuan insurance, and cultural programs like skill competitions and childcare.
• Supplier Collaboration: Promotes green supply chains through training and sustainable practices.
• Environmental Initiatives: Implemented a 5.5MW rooftop solar project, reducing CO₂ emissions by ≈4869 tons annually. Water and energy efficiency measures were enhanced.
• Community Engagement: Supported public welfare activities, including education, disaster relief, and volunteer programs.

Governance & Compliance:

• Adheres to strict corporate governance standards, with 7 board members (3 independent) and 4 specialized committees.
• Ensures transparency through shareholder meetings, anti-corruption measures, and timely信息披露.

Financial Performance:

• Operating income reached RMB 898.5 billion, with a gross profit margin of 24.7%. R&D intensity increased to 7.73%, driven by 1265 R&D personnel (19.42% of total employees).

Future Outlook:

• 2024 focuses on "management and R&D innovation," aiming to solidify its position in green electrification and international expansion.

Jiangsu Hengli Hydraulic demonstrates leadership in innovation, sustainability, and social responsibility, aligning with China’s industrial and environmental goals.