JCET Releases 2022 ESG Report, Committed to Create Greater Value for Society

Shanghai, China, March 31, 2023 - JCET Group (SSE: 600584), a leading global provider of integrated circuit (IC) manufacturing and technology services, released its 2022 Environmental, Social, and Governance Report (ESG report), providing comprehensive details of the practices of JCET's adherence to the international and professional management concept, continuously creating value through corporate governance, environmental responsibility, social responsibility, and other aspects to promote high-quality development of enterprises.

JCET strengthens the construction of its ESG system by focusing on compliance management, innovation, environmental protection, a responsible supply chain, employee care, and corporate social responsibility. The company continues to invest in R&D, drive the technological progress of the industry, promote innovation in products, materials, and process systems, develop new business platforms such as design services and automotive electronics, and provide services with top quality to global customers. The company actively conducts industry-university-research cooperation in the field of integrated circuits, exploring ways of sustainable development for technological innovation and high-level talent cultivation for the IC industry.

To achieve the unification of environmental, social, and economic benefits, JCET has long been committed to protecting natural resources, effectively managing energy consumption, water resources, carbon emissions, and wastewater control in daily operations, and helping the region where the business is located to improve environmental quality. The company has established an environmental protection practice system worldwide and based on global corporate responsibility, will achieve a 15% reduction in carbon emissions and energy consumption by 2030, with 2020 as the benchmark year. The proportion of recycled water will exceed 20% by the same year. The recovery of hazardous and general waste will exceed 60% before 2030.

While achieving its own high-quality development, JCET actively participates in CSR activities to promote educational fairness, assist in epidemic prevention and disaster relief, care for vulnerable groups, and share development achievements with society. In the past three years, the amount of charitable donations from JCET has reached over RMB 9.77 million. In addition, the company provides employees with a safe and comfortable working environment, effectively protecting their rights and interests, and establishing a diversified career development platform enabling each employee to develop their talents and realize their dreams. JCET also adheres to a responsible supply chain model, develops sustainable supply strategies based on corporate values, and works with partners to achieve win-win results.

Mr. Li Zheng, CEO of JCET said, "Benefiting the industry, society, employees, and others, is the driving force for the healthy development of the enterprise, and also a higher level of growth and progress. Taking social responsibility is not only our obligation, but also an inherent requirement for enterprises to achieve long-term sustainable development. Moving forward, JCET will lead the industry in technological innovation, promote green development, and work together with partners to create greater value for society.”