Jiangsu Shentong Valve Co., Ltd. Social Responsibility Report 2021

Report Description

1. Important Tips
The board of directors and all directors of Jiangsu Shentong Valve Co., Ltd. (hereinafter referred to as "the Company", "the Company" or "Jiangsu Shentong") guarantee that there are no false records, misleading statements or material omissions in the contents of this report, and shall bear individual and joint and several liability for the authenticity, accuracy and completeness of its contents.
This report is the eleventh social responsibility report compiled by Jiangsu Shentong since its listing. The purpose is to objectively and truly reflect the company's corporate governance, integrity management, safe production, employee rights, environmental protection, supplier and customer relations, Information on various aspects of social responsibility such as public relations and the public aims to strengthen the understanding and connection between various stakeholders and the company.
2. Preparation Basis
This report is based on the company's relevant documents such as the "Shenzhen Stock Exchange Listed Companies Self-Regulatory Guidelines No. 1-Standardized Operation of Listed Companies on the Main Board" and "Shenzhen Stock Exchange Listed Companies Business Handling Guidelines No. 2-Periodic Report Disclosure Related Matters" and other relevant documents. Based on the actual situation of the company, it is compiled.
3. Time Range
The period of this report is from January 1, 2021 to December 31, 2021. However, based on the long-term and continuous implementation of social responsibility, some contents covered in this report will be moderately extended forward, including but not limited to 2021.
4. release cycle
This report is an annual report and is released annually at the same time as the annual report of Jiangsu Shentong Valve Co., Ltd.
5. Report Scope
The organizational scope of this report is the business of Jiangsu Shentong and its subsidiaries operating in the People's Republic of China.
6. data sources
The operating data in the report are derived from the audited company's 2021 financial statements and other data are derived from the company's internal documents and information statistics system. Unless otherwise noted, the data are from the Company's consolidated financial statements.
7. reference description
In order to facilitate the presentation and easy to read, in this report, Jiangsu Shentong Valve Co., Ltd. referred to as "company", "the company" or "Jiangsu Shentong".
8. report acquisition
This report was reviewed and approved at the 26th meeting of the fifth board of directors of the company, and was released in the form of an online electronic version. It can be found on the website of Shenzhen Stock Exchange (www.szse.cn) and Juchao Information Network (www.cninfo.com.cn) Access.

Foreword

As a backbone enterprise in China's valve industry, the company, as always, adheres to the mission of "industry serving the country and benefiting mankind", with the goal of "manufacturing first-class products, creating first-class talents, creating first-class enterprises, and creating a century-old magic power, adhere to the market positioning of" consolidating metallurgy, developing nuclear power, expanding petrochemical, and serving energy "and the corporate purpose of" creating value for users, creating opportunities for employees, creating returns for shareholders, and creating wealth for society ", and adhere to the development idea of" relying on technology to make the company stronger, Relying on management to make the company solid, relying on marketing to make the company bigger, and relying on talents to seek the development of the company, serving high-end customers with high-tech and high-end products, while committed to achieving sustainable development of the company, striving to create shareholder value, and protecting shareholders' rights and interests, it also contributes to the harmonious development of the economy and society, the balanced use of the natural environment and resources, and employees, customers, Suppliers and other stakeholders also assume corresponding responsibilities, which promotes the comprehensive and coordinated development of the company and all stakeholders in society.
In 2021, the new crown epidemic will continue to affect all walks of life. While ensuring its own steady development in the face of difficulties, the company will more firmly shoulder the important task of helping the development of the market and the industry. Adhering to the core concept of "honesty and innovation, striving for good", while committed to realizing the sustainable development of enterprises and creating value for shareholders, the company will actively safeguard the legitimate rights and interests of creditors and employees and ensure the health and safety of workers, treat suppliers, customers and consumers with integrity, vigorously develop circular economy, protect the environment, save energy and reduce emissions, actively participate in social donations, sponsorship and other social welfare undertakings, and fulfill the responsibility of "corporate citizenship" with concrete actions.
In a complex and changeable business environment, the company has always strengthened its confidence, continuously improved and improved the corporate governance structure of the company, formulated various governance systems that meet its own development requirements, improved the level of corporate governance, strictly prevented risks, and worked hard to steadily improve performance. Investors create higher returns. The company actively responds to the national call for energy conservation and consumption reduction, and uses energy legally, reasonably and efficiently in accordance with relevant national laws and regulations.
In 2022, the company will bear in mind its own responsibility and mission, always customer-centric, hand in hand with all stakeholders to create, face the challenges brought about by the epidemic, grasp the opportunities of the post-epidemic era, and contribute to leading the technological progress of the valve industry and the prosperity of the market economy.
We hope that this report can serve as a bridge for communication and exchanges with all sectors of society, and we are also willing to accept social supervision to promote better and faster development of the company.
Chapter I Basic Situation of the Company
Jiangsu Shentong Valve Co., Ltd. was established in January 2001 and listed on the Shenzhen Stock Exchange in June 2010 (securities referred to as "Jiangsu Shentong", securities code "002438"). The company specializes in the research and development, production and sales of new special valves. The main products include butterfly valves, ball valves, check valves, regulating valves, filters, instrument valves and other nine categories, 145 series and more than 2000 specifications, which are widely used in nuclear power, Metallurgy, thermal power, coal chemical industry, petroleum and natural gas gathering and transportation, petroleum refining and other fields.
The company has established scientific and technological innovation platforms such as Jiangsu Province Nuclear Power Valve Engineering Technology Research Center, Jiangsu Province Enterprise Technology Center, Jiangsu Province Nuclear Power Valve Key Laboratory, Jiangsu Province Special Valve Engineering Center, and National Postdoctoral Research Workstation. The company has undertaken a total of 28 provincial-level or above scientific research projects, including national major scientific and technological achievements transformation projects, national innovation funds, industrial revitalization and technological transformation projects, industrial transformation and upgrading projects, Jiangsu Province's scientific and technological achievements transformation projects, and Jiangsu Province's high-end equipment development catch-up projects. The project has presided over and participated in the formulation (revision) of 37 national or industry standards, and developed 9 national key new products. The company has passed the European Union CE certification, the American Classification Society ABS factory approval, the China Classification Society CCS type approval and ISO9001 quality management system, ISO10012 measurement management system, ISO14001 environmental management system, ISO45001 occupational health and safety management system certification.
In 2021, with the joint efforts of all employees, the company has been awarded the honorary titles of Sinopec General Valve Qualified Casting Supplier, the 8th Chairman Unit of China General Valve Branch, the 3rd Director Unit of Jiangsu Brand Association, the 1st Jiangsu Science and Technology Innovation and Development Award, Jiangsu Province Machinery Industry Innovative Advanced Enterprise, Jiangsu Province Pioneer Enterprise, Jiangsu Province Excellent Labor Relations Harmonious Enterprise, 2021 Provincial Specialized Special New Small Giant Enterprise and other honorary titles.
During the reporting period, the company held the 15th meeting of the 5th board of directors on March 28, 2021, the 12th meeting of the 5th board of supervisors and the first extraordinary general meeting of shareholders in 2021 on April 15, 2021, deliberated and approved the issue of non-public issuance of a shares in 2021, and the company prepared and disclosed relevant reports such as the plan of non-public issuance of shares in 2021 and the feasibility analysis of using raised funds; the company received the "China Securities Regulatory Commission Administrative License Application acceptance Form" issued by the China Securities Regulatory Commission on May 31, 2021; on November 15, 2021, the issuance Review Committee of the China Securities Regulatory Commission examined the company's application for non-public offering of shares. According to the examination results of the meeting, the company's application for this non-public offering of shares was examined and approved by the 123rd meeting of the 18th Development and Review Committee in 2021; according to the "Approval of the Approval of the Non-public Issuance of Shares by Jiangsu Shentong Valve Co., Ltd." (Zheng Jian Ke [2021] No. 3710) issued by the China Securities Regulatory Commission on November 26, 2021, the company issued 18 qualified investors in a non-public offering. The issue price is 17.01 yuan per share, deducting the cost of this issue of RMB 8,629,321.96 (excluding tax), the net amount of funds raised by this non-public offering is 361,870,676.09 yuan. The raised funds have been in place on January 4, 2022. After the successful implementation of the fund-raising project, it can enrich the company's product line in the field of spent fuel reprocessing and large-scale special flanges, further enhance the company's technical strength and leading position in the field of spent fuel reprocessing and large-scale special flanges, expand the production capacity of related products, enhance the competitiveness of the company's main business, and the company's market position will be further improved.
During the reporting period, in order to further meet the needs of the company's wholly-owned subsidiary Ruifan Energy-saving production, operation and business development, expand financing channels, improve operational capabilities, and continue to increase the integration of industry and finance, and make full use of the professional resources and investment of professional investment institutions Management advantages help subsidiary Ruifan Energy to introduce local government industrial fund investment, further strengthen in-depth cooperation with local government agencies with high-quality industrial resources and support the development of local real economy, the company held the 24th meeting of the Fifth Board of Directors on December 24, 2021, the 20th meeting of the Fifth Board of Supervisors, and the first extraordinary general meeting of shareholders in 2022 on January 10, 2022. The Proposal on Participating in Equity Investment Funds and Increasing Capital of Wholly Owned Subsidiaries ", the meeting agreed to establish an equity investment fund and increase capital to Ruifan Energy Saving.
In 2021, from the normalized control of the new coronary pneumonia epidemic to the skyrocketing steel prices and the impact of the country's dual control of energy consumption, many market players are under unprecedented pressure. The company closely focused on the unified deployment of the party committee and the board of directors, focused on high-quality development tasks, comprehensively strengthened various operations and management work, overcome unprecedented difficulties, and successfully completed various goals and tasks throughout the year. In 2021, the company achieved operating income of 1909.7238 million billion yuan, up 20.45 percent year-on-year; operating profit of 300.3626 million billion yuan, up 21.62 percent year-on-year; net profit attributable to shareholders of listed companies was 253.3974 million billion yuan, up 17.30 percent year-on-year.
Chapter II Protection of the Rights and Interests of Shareholders and Creditors
During the reporting period, in strict accordance with the Company Law, the Securities Law, the Code of Governance of listed companies and the relevant laws and regulations of the China Securities Regulatory Commission and the Shenzhen Stock Exchange, the company continued to improve and improve the corporate governance structure, standardize operations, strengthen information disclosure management and investor relations management, effectively prevent operational risks, achieve steady and rapid growth of business performance and continuous improvement of profitability, the rights and interests of the company's shareholders and creditors are effectively protected.
1. Continuously Improve the Corporate Governance Structure and Safeguard the Interests of Investors
During the reporting period, in strict accordance with the requirements of laws, regulations and rules such as the company law, the securities law, the Listing Rules of Shenzhen Stock Exchange and the governance standards of listed companies, the company further improved the corporate governance structure, standardized operation, strengthened the construction of internal control system, and improved the decision-making, supervision and operation system with the general meeting of shareholders, the board of directors, the board of supervisors and the management as the main structure, continuously promote internal control evaluation and risk management, the Board of Directors conducts self-evaluation of the Company's internal control every year and discloses the Internal Control Self-Evaluation Report.
The company actively organizes directors, supervisors and senior managers to participate in various trainings organized by Shenzhen Stock Exchange, Jiangsu regulatory bureau of China Securities Regulatory Commission and sponsor institutions, so as to improve the awareness of standardized operation and internal control management, strengthen the awareness of eliminating illegal occupation of funds and illegal guarantee, and better perform the duties of corporate governance and protecting the interests of investors.
2. standardize the operation of the "three meetings" and safeguard the legitimate rights and interests of shareholders.
The company's general meeting of shareholders, the board of directors, and the "three meetings" of the board of supervisors operate in a standardized manner, and various systems have been implemented, forming a set of mutual checks and balances and effective internal control system to effectively protect the legitimate rights and interests of all shareholders and creditors. In 2021, the company held 3 general meetings of shareholders (including 1 annual general meeting of shareholders and 2 extraordinary general meetings of shareholders),10 board of directors, and 9 board of supervisors. The convening procedures, convening procedures, qualifications of attendees and voting procedures of the meeting are all In line with the "Articles of Association", "Rules of Procedure of the General Meeting of Shareholders", "Rules of Procedure of the Board of Directors" and "Rules of Procedure of the Board of the Board of the Board of the Board of Supervisors.
Since its listing, the company has organized and prepared the relevant work of the general meeting of shareholders, the board of directors, the board of supervisors and the special committees of directors in strict accordance with the regulations. The company has provided convenience for shareholders to exercise their rights in a variety of effective ways to ensure the right to speak of small and medium shareholders. The company's general meeting of shareholders is held by a combination of on-site voting and online voting to facilitate shareholders to participate in the general meeting and exercise their voting rights, ensure that the legitimate rights and interests of all shareholders, especially small and medium shareholders, are not infringed. For the company's non-public offering, related party transactions, guarantees, deposit and use of raised funds and other important matters in 2021, the independent directors of the company can take measures to actively listen to the opinions and suggestions of small and medium shareholders, and express corresponding independent opinions, effectively safeguarding the legitimate rights and interests of small and medium shareholders.
3. companies strengthen investor relations management, timely and effective information disclosure
In strict accordance with the articles of association, information disclosure management system and other laws and regulations, the company voluntarily and consciously performs the obligation of information disclosure, truthfully, accurately, completely and timely discloses all information that may affect the decision-making of investors, so as to ensure that all investors fully understand the company's financial status, operating performance and the progress of major issues of the company. During the reporting period, the company adhered to the principle of fair treatment of all investors, and there was no unfair information disclosure such as selective information disclosure, and there were no major accounting errors, performance corrections, etc., which ensured the quality and transparency of information disclosure. The Shenzhen Stock Exchange's interactive platform promptly responded to investors' questions and strengthened interaction and communication with investors.
In 2021, the Company disclosed a total of 93 periodic reports and interim announcements as required, with true, accurate and complete contents and no false records, misleading statements or material omissions. The directors, supervisors and senior managers of the company faithfully and diligently perform their duties and ensure that the information disclosed is true, accurate, complete, timely and fair. After the announcement of the 2020 annual report, the company also held the 2020 online performance briefing in a timely manner. the company's director and president, Mr. Wu Jianxin, independent director, Mr. Yan jun, vice president and secretary of the board of directors, Mr. Zhang Qiqiang, chief financial officer, Ms. Lin dongxiang, audit director, Mr. hong xuechao, and sponsor representative, Mr. Zhang yi, participated in the performance briefing. at the briefing, small and medium-sized investors actively participated in asking questions, the company's directors and executives gave detailed answers to the questions raised by investors, helping investors to have a more comprehensive and in-depth understanding of the company's operating conditions and development strategic planning.
4. establish a long-term and stable profit distribution policy and focus on return to shareholders.
The Company attaches importance to reasonable returns to investors while maintaining sustained and steady growth in operating results. Since its listing, in line with the core concept of creating value for shareholders, the company has continued to carry out profit distribution and cash dividends, bringing investors a sustained and stable return on investment. The Company has established and improved the requirements for cash dividends in the Articles of Association of the Company, implemented policies and measures for the continuous return of dividends to shareholders, promoted the establishment of a scientific, sustainable and stable dividend mechanism, and institutionally protected the shareholders' right to dividends. According to the relevant requirements of the regulatory authorities, combined with the actual situation of the company, the company has formulated the "next three years (2021-2023) shareholder return plan", and put forward the minimum proportion of cash dividends, positive return to shareholders.
The Company's cash dividends for the last three years are as follows:
Unit: ten thousand yuan
Dividend annual cash dividend amount (including tax) Dividend annual ratio of net profit attributable to shareholders of the listed company in the consolidated statement to net profit attributable to shareholders of the listed company in the consolidated statement Annual distributable profit
2428.78 2020 21,603.35 11.24% 78,654.92
2428.78 2019 17,203.24 14.12% 60,857.74
2018 1214.39 10,334.42 11.75% 45,981.09
Cumulative cash dividends in the last three years as a percentage of average annual net profit (%) 37.07
2021 profit distribution plan: according to the "2021 profit distribution plan" approved by the 26th meeting of the fifth board of directors of the company, it is planned to distribute cash dividends of 0.50 yuan (including tax) to all shareholders for every 10 shares based on the existing total share capital of 507,537,461 shares, with a total cash dividend of 25,376,873.05 yuan. In 2021, the company will not transfer the capital reserve fund to increase the share capital, will not send bonus shares, and the remaining undistributed profits will be carried forward to the following year.
Note: If there is a change in the share capital between the disclosure date of the annual report and the equity registration date for the implementation of the profit distribution plan, the total amount of distribution shall be adjusted accordingly on the basis of the total share capital on the equity registration date at the time of the future implementation of the distribution plan, and the total amount of distribution shall be adjusted accordingly in accordance with the principle that the amount of distribution per share remains unchanged.
Chapter III Protection of the Rights and Interests of Employees
The company always adheres to the people-oriented concept, regards employees as valuable resources for the survival and development of the enterprise, constantly improves the employment mechanism of the enterprise, strives to create a safe and healthy working environment for employees, builds a harmonious labor and employment environment, cares about the physical and mental health of employees, pays attention to safeguarding the basic rights and interests of employees, carries out special activities to promote the spiritual prosperity of employees throughout the company, and stimulates the enthusiasm and creativity of employees, provide opportunities and space for employees to promote and develop, and effectively safeguard the legitimate rights and interests of employees. At the end of 2021, the company had a total of 1337 employees.
1. companies strictly abide by the Labor Law and the Labor Contract Law, and protect the legitimate rights and interests of employees in accordance with the law.
The company strictly implements laws, regulations and policies on labor and employment, treats all kinds of employees equally, standardizes labor and employment management, and establishes harmonious and stable labor relations. The company and its holding subsidiaries have signed written labor contracts with employees in accordance with the principle of "equality, voluntariness, and consensus", and handled social insurance, provident fund and other related procedures in a timely manner in accordance with relevant laws and regulations to ensure that employees enjoy social insurance benefits, so that employees Can get help and compensation in time in the case of pension, illness, work injury, unemployment, childbirth, etc., and implement a system of paid annual leave, make employees work and develop in a fair and just environment.
2. reasonable planning of employee salary structure, in the efficiency and efficiency growth at the same time to give employees salary growth, through reasonable salary structure planning, improve the overall income level of employees, enhance the happiness of employees. At the same time, the company encourages employees to improve their innovation ability and carry out innovation and technology research and development in different subject areas. The company has set up a number of innovation awards and incentives to praise employees' innovation achievements, so that employees actively participate in technological innovation has become a powerful driving force for the company's sustainable development.
3. training is carried out as planned to improve the quality and ability of employees and meet the needs of the company and their personal development. The company organized and carried out graded training for employees. A total of 202 internal and external trainings were organized throughout the year, with a total of 5463 trainees, involving management, technology, quality control, warehousing, fitter, hoisting and other positions. In cooperation with Jiangsu Vocational and Technical College of Engineering, a mechanical college class was set up, 15 people signed up and completed the first academic year training course, organized vocational skills training for lifting and loading machinery operation, and more than 130 people successfully obtained evidence.
4. company attaches great importance to strengthening communication and communication with employees. Through the company's employee congress, production scheduling meeting, employee birthday symposium and other meetings, as well as the company's intranet instant messaging, WeChat public number and other forms, timely and extensive communication and communication with the company's employees, so as to achieve the upper and lower feelings. The company's leaders timely publicize the company's development strategic planning, target positioning and annual plan implementation to employees through monthly regular meetings.
5. company attaches great importance to the construction of corporate culture, and actively carry out a series of activities to promote the spiritual prosperity of employees. In order to enrich the spare time life of employees, a fully equipped employee's home has been established within the company, with employee multimedia classrooms, gymnasiums, table tennis, billiards rooms, KTV rooms, and reading rooms. The company's party committee and labor union organize new year's party, Lantern Festival, summer cool party, youth association, fun games, singing competitions, meritorious service competitions, voluntary activities and other employee-friendly activities, through various forms of employee activities, make the communication between the company's employees more fully, so that the talent of employees can be well reflected, enhance the cohesion of the enterprise, enrich the amateur cultural life of employees, promote the spiritual prosperity of employees to a new level, and create a good corporate culture atmosphere.
Chapter IV Protection of the Rights and Interests of Suppliers, Customers and Relevant Parties
The company always adheres to the customer demand as the center, creates value for customers and makes customers satisfied as the starting point and foothold of marketing work, continuously improves the level of management and service, fairly treats and protects the legitimate rights and interests of suppliers, customers and related parties, and creates an atmosphere of cooperation in good faith, harmony and fairness.
1. The company and suppliers have always maintained equal communication and rational management, adhere to the principles of honesty and trustworthiness, mutual benefit, respect for the reasonable quotation of suppliers, win-win cooperation, and seek common development. Through training, assessment and other measures to enhance the supporting capacity of suppliers, to help suppliers and the company to achieve common growth. For the procurement of goods involving related parties, the "Management System for Related Transactions" is strictly implemented. Ensure that all purchases are carried out under the principle of "openness, fairness and impartiality", create a good competitive environment for suppliers, and effectively eliminate undesirable phenomena such as black-box operations.
2. The company is committed to establishing long-term and stable cooperative relations with customers. Through technical exchanges, mutual visits, cooperative research and development, the company has maintained a mutually beneficial and good cooperative relationship with customers. The company implements strict quality and technical standards, adopts strict quality control measures to ensure the continuous, stable and effective operation of the quality assurance system, improves product quality and service quality, and provides customers with high quality products and warm and thoughtful services. Quality inspection, transportation, delivery and other links are checked layer by layer. In order to meet the personalized needs of all kinds of customers, in the process of "valve housekeeper" business promotion, the company finds out customers' preferences and needs through systematic market research, and helps users to realize the service of the whole life cycle of the valve; in addition to maintaining regular communication with customers through telephone, e-mail, fax and other ways, the company also organizes marketing and technical personnel to visit customers regularly and provide technical support to customers on the spot, provide high-quality pre-sales, sales and after-sales service, improve customer satisfaction, create a good brand image.
3. The company organizes regular marketing work meetings every year. According to the market and customer demand information fed back by the salesmen, the company formulates effective marketing strategies to guide customer demand and continuously improve customer satisfaction. The marketing department holds a quarterly market strategy analysis meeting to analyze the market competition in the previous quarter, analyze and plan the market development plan for the next quarter, and consolidate and expand the market share through market expansion management.
Chapter V Environmental Protection and Sustainable Development
In 2021, the company will strictly abide by the laws and regulations related to national environmental protection, strictly implement the "three simultaneous" system of construction projects, and carry out timely and standardized treatment of waste gas, waste water, noise and solid waste in accordance with management and control procedures, so as to achieve standard discharge, strengthen the protection of the surrounding environment of the factory boundary, vigorously advocate the concept of low-carbon, environmental protection and green office, and raise employees' awareness of environmental protection. During the reporting period, no major environmental pollution occurred in the company.
According to the characteristics of the production and operation of the valve industry, the company's management includes the number of safety accidents and the number of environmental pollution accidents into the key performance indicators, implements a one-vote veto on the assessment of major safety production accidents and environmental pollution accidents, and clearly puts forward the requirements of "people-oriented, safety first; strict management, put an end to violations; found violations, timely stop" requirements, through strong management measures, ensure that employees and the public have a safe production environment and a harmonious living environment.
In order to promote the sustainable development of enterprises and the environment, firmly establish General Secretary Xi's green development concept of "incorporating carbon peak and carbon neutrality into the overall layout of ecological civilization construction", and unswervingly implement the new development concept, the company will adhere to the system concept, Handle the relationship between development and emission reduction, overall and partial, short-term and medium-term, take the comprehensive green transformation of economic and social development as the guide, and take the green and low-carbon development of energy as the key, implement the integrated development of industrialization and industrialization, eliminate outdated high-energy-consuming equipment and facilities, accelerate the formation of an industrial structure, production methods, and management policy that saves resources and protects the environment, unswervingly follow the ecological priority, green and low-carbon high-quality development path, and take the initiative to assume the environment The social responsibility of protection, strictly abide by environmental protection laws and regulations, fully implement various environmental protection measures, and earnestly fulfill the responsibility of environmental self-discipline. During the reporting period, the company invested 54.7 million yuan in various environmental protection and technological transformation in energy conservation and consumption reduction, which effectively improved the environmental protection effect and effectively reduced the energy consumption level.
Chapter VI Safety in Production and Occupational Health
In 2021, all departments closely focused on the company's safety and environmental protection goals, adhered to the safety production policy of "safety first, prevention first, and comprehensive management" and the environmental protection policy of "reducing pollution and increasing efficiency, continuous improvement, and ensuring compliance". Various tasks have been carried out in a solid and effective manner. The certificate of "Safety Production Level II Standardization Enterprise" has been successfully reviewed and is valid until February 2025.
1. Full coverage of potential safety hazard investigation. On the basis of continuing to carry out in-depth identification and control of hazard sources, the company-wide investigation and management of hidden dangers will be carried out, including daily inspection of hidden dangers, self-inspection of hidden dangers of various departments, electricity safety, use of hazardous chemicals and other special inspections. Through the analysis of the causes of potential safety hazards, timely and effective preventive measures have been formulated to urge the responsible departments to rectify within a time limit.
2. Continuously carry out safety education and training. The company organized nearly 50 safety education training sessions throughout the year, including quarterly safety meetings, three-level safety education for new employees, driving skills training, safety training for high-altitude operations, fire safety knowledge training, third-party inspection training, etc., with a total of nearly 1,200 trainees. Throughout the year, various departments have been organized to carry out risk investigation, and the safety skills and risk prevention awareness of employees have been enhanced through special training. Through various safety education and training, a good safety culture atmosphere has been formed among all employees.
3, emergency response capacity to further improve. Throughout the year, we organized and carried out six special emergency drills in various forms, such as epidemic prevention and control emergency drills, fire emergency drills and food poisoning emergency drills, which strengthened the construction of the company's emergency team and improved the ability to deal with all kinds of emergencies.
4. Actively safeguard the legitimate rights and interests of employees. This year, the company organized employees to carry out occupational disease physical examination, carried out special inspection on the correct use of all kinds of labor protection products, urged employees to do a good job in occupational disease prevention, and actively safeguarded the legitimate rights and interests of employees.
Chapter VII Public Relations and Social Welfare Undertakings
Since its establishment, the company has strictly abided by laws and regulations, actively practiced and assumed social responsibility while pursuing its own profitability and development. In order to implement the national poverty alleviation and development strategy and spirit, the company actively participates in charity and social donations, lays a good foundation for establishing the company's reputation, establishing a good brand image, and contributing to the comprehensive construction of a well-off society.
1. The company actively maintains communication with relevant government departments, regulatory agencies, and the media, and actively accepts the administrative supervision of government departments and regulatory agencies and the social supervision of the public and news media to create sincere and harmonious public relations. During the reporting period, the company received 30 research visits from institutional and individual investors and issued 29 information disclosure announcements.
2. Business integrity, pay taxes in accordance with the law, and contribute to the development of the country and society. The company regards paying taxes in accordance with the law as the most basic requirement for fulfilling social responsibilities and giving back to the society, so as to declare taxes truthfully and pay taxes in a timely manner. The company has been one of the major taxpayers in Qidong City for many years, strongly supporting the national and local economic development, and has been commended by governments at all levels, taxation and relevant authorities for many times. During the reporting period, the company paid various taxes of 80.9487 million yuan.
3. Actively create more job opportunities. While developing and growing, the company also actively creates more employment opportunities for the society, and contributes to alleviating the employment pressure of the society and promoting the development of the local economy. During the reporting period, the company recruited a total of 185 new employees.
4. Actively support public welfare undertakings. Vigorously promote the common prosperity of employees within the company, set up employee mutual aid funds to help and support families with major diseases and disabilities to tide over difficulties; outside the company, focus on supporting public welfare, charity and education, and actively help the poor and needy, giving social vulnerable groups and people in need to send warmth. During the reporting period, the company donated a total of 2.92 million yuan to various social welfare organizations.
Chapter VIII Party Building Work
2021 is the 100 anniversary of the founding of the Communist Party of China. The party committee of the company actively carries out party history learning and education activities. In order to celebrate the 100 anniversary of the founding of the Communist Party of China, it earnestly studies and implements the spirit of General Secretary Xi Jinping's important speech. "Notice" and the arrangement and deployment of the higher-level party committee, the company's party office has formulated a series of activities to celebrate the 100 anniversary of the founding of the party and party history learning and the party, at the same time, it also carried out a series of activities of spiritual prosperity among all employees, and successively organized and carried out employee meritorious service competitions, skill competitions, rationalization proposal activities, and celebration activities of "celebrating the party's grace on the centennial birthday, and the magic power will always follow the party. Actively establish the vanguard and exemplary role of party members. In celebrating the 100 anniversary of the founding of the party, the company's party committee issued honorary certificates and condolences to 69 veteran party members who have contributed to the company's development and have a party age of more than 20 years. At the same time, more than 30 employees who have made positive contributions to the development of the company in the past 10 years and have been awarded the honorary title at the municipal level. The Party committee of the company continues to promote the normalization of the theme education of "never forget the original intention and keep in mind the mission", actively guides Party members, cadres and employees to make full use of the learning platform of "learning power", innovate the activities of Party organizations, improve the learning consciousness and initiative of the majority of Party members, cadres and employees, and promote the standardization, standardization and long-term effect of daily learning and Party building work, To achieve the same direction and deep integration of enterprise development.
Chapter 9 Summary and Vision
The development of the company and the active commitment to social responsibility complement each other and are inseparable. In the past year, under the adverse effects of normalization of epidemic prevention and control, sharp fluctuations in the prices of steel and other bulk raw materials and dual control of energy, the social and economic situation is complex and severe, and the company's development is facing greater challenges. Through the full cooperation with all relevant parties and the joint efforts of all employees, the company's various business objectives and tasks have achieved good results. I would like to thank government departments at all levels, customers, suppliers, people from all walks of life and investors for their strong support and love for the company.
In 2022, the company will continue to study and implement the spirit of General Secretary Xi Jinping's important speech at the celebration of the 100 anniversary of the founding of the Communist Party of China, adhere to the overall leadership of the party, and always adhere to the close integration of party building work and enterprise development. Under the guidance of the spirit of the Sixth Plenary Session of the 19th Central Committee of the Party, guided by Xi Jinping's new era of socialism with Chinese characteristics, focus on value creation and strengthen ideological and political guidance, carry out high-quality education on the theme of "Do not forget your initiative mind, Keeping in Mind Mission" and party history learning and education activities. Take the initiative to assume social responsibility, focus on cultivating a team of loyal, clean, and responsible high-quality cadres, organize party members, gather talents, mobilize employees, continue to carry out special activities for employees' spiritual prosperity, improve corporate efficiency, and continuously enhance employees' gain Sense, happiness, and security.
The company will make persistent efforts, sum up the past successful experience, improve the existing deficiencies, and constantly strengthen the important role of fulfilling social responsibility in the company's development strategy while doing a good job in the company's operation; firmly establish the awareness of corporate citizenship, abide by social morality and business ethics, accept the supervision of the government and the public, and protect the legitimate rights and interests of employees while pursuing economic benefits and protecting the interests of shareholders, establish and maintain an excellent corporate image through solid work and continuous improvement.

People from all walks of life and investors are welcome to put forward valuable opinions on this report to help the company continue to improve in fulfilling its social responsibilities. We will listen carefully to your feedback and express our heartfelt thanks.
Our contact information:
Department: Office of the Board of Directors of Jiangsu Shentong Valve Co., Ltd.
Address: No. 3 Base of Shentong Valve, Nanyang Town, Qidong City, Jiangsu Province
Tel: 0513-83335899
Fax: 0513-83335998
Mail: zhangqq@stfm.cn

Board of Directors of Jiangsu Shentong Valve Co., Ltd.
April 17, 2022