Jiangsu Shentong Valve Co., Ltd. 2020 Annual Social Responsibility Report

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 tenth 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 "Guidelines for the Standardized Operation of Listed Companies on the Shenzhen Stock Exchange" and "Guidelines for the Business Handling of Listed Companies on the Shenzhen Stock Exchange No. 2-Periodic Report Disclosure Related Matters", and combined with the actual situation of the company in fulfilling its social responsibilities.
3. Time Range
The reporting period is from January 1, 2020 to December 31, 2020, and some of the contents are outside the above time range.
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 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 2020 financial statements and other data are derived from the company's internal documents and information statistics system. Unless otherwise noted, the data are consolidated company data.
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 16th 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 2020, the company adheres to the core concept of "people-oriented". While committed to achieving sustainable development of the company and creating value for shareholders, it actively protects the legitimate rights and interests of creditors and employees, protects the health and safety of workers, and treats suppliers, Customers and consumers, vigorously develop a circular economy, protect the environment, save energy and reduce emissions, and actively participate in various social welfare undertakings such as social donations and sponsorships, with concrete actions to fulfill the responsibility of "corporate citizens", especially during the new crown epidemic, the company organized all employees to resume work and production on the one hand, on the other hand, actively do a good job of anti-epidemic protection and donation, for the successful fight against the new crown epidemic contributed to the strength.
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 2020, with the joint efforts of all employees, the company has been awarded the honorary titles of Top 100 Suppliers in Sinopec Industry, Top 100 Innovation of Jiangsu Private Enterprises, Excellence Award in the First Jiangsu Enterprise (R & D Institution) Innovation Case Competition, Outstanding Enterprise in the First Nantong Integration and Innovation Competition, Top Ten Private Enterprises in Nantong City with Scientific and Technological Progress, Training Demonstration Base for High-skilled Talents in Nantong City, Top Ten Private Enterprises in Qidong City, Special Donation Award for Fighting against New Crown Pneumonia, etc.
During the reporting period, the Company held the 9th meeting of the 5th Board of Directors and the 8th meeting of the 5th Board of Supervisors on June 17, 2020 to consider and approve the non-public offering of shares, and the Company prepared and disclosed relevant reports such as the plan for the issuance of non-public offering of shares and the feasibility analysis of the use of proceeds. The company's financing aims to further enhance the company's key equipment R & D technical strength and leading position in the field of spent fuel reprocessing, and enhance the competitiveness of the company's main business; at the same time, the company's capital strength and future financing ability can be enhanced by supplementing working capital and repaying bank loans, which is in line with the company's long-term development needs and shareholders' interests.
During the reporting period, with the continuous expansion of the company's business scale, especially the continuous expansion of nuclear power and military products business, the scope of the company's confidentiality qualification covers the whole company's current situation, which is increasingly unable to meet the needs of the company's development, and is not conducive to the implementation of confidentiality measures related to the company's military products business in the future, hindering the company's future development of "cloud" and military products business in the enterprise, the company operates the nuclear power military division as an independent subsidiary. The Company held the 14th meeting of the 5th Board of Directors on December 6, 2020, and considered and adopted the Proposal on Investment in the Establishment of a Wholly-owned Subsidiary, which agreed to establish a wholly-owned subsidiary, Jiangsu Shentong Nuclear Energy Equipment Co., Ltd.
2020 was an extraordinary year, with a sudden outbreak of the novel coronavirus that changed everyone's lives. The epidemic is an order, prevention and control is a responsibility. In the early stage of the tense new crown epidemic, the company actively donated 1.27 million yuan in cash and medical masks to anti-epidemic heroes such as medical staff, public security officers, community cadres and volunteers to fully support the prevention and control of the pneumonia epidemic in the fight against new coronavirus infection. In the face of the severe situation of normalized epidemic prevention and control, market downturn, the company closely around the unified deployment of the Party committee and the board of directors, focusing on high-quality development tasks, comprehensively strengthening the basic work, epidemic prevention, safety, grasp the operation, promote production, basically completed the annual objectives and tasks. In 2020, the company achieved operating income of 1,585.5517 million billion yuan, up 17.60 percent year-on-year, operating profit of 246.9604 million billion yuan, up 29.03 percent year-on-year, and net profit attributable to shareholders of listed companies of 216.0335 million billion yuan, up 25.58 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 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, standardized operations, and strengthened information disclosure management and investor relations Management, effectively prevent business risks, achieve steady and rapid growth in business performance and continuous improvement in profitability, so that 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, the company strictly followed the requirements of laws, regulations, and rules such as the Company Law, the Securities Law, the Shenzhen Stock Exchange Stock Listing Rules, and the Shenzhen Stock Exchange Listed Companies Internal Control Guidelines to further improve the corporate governance structure, Standardize operation, strengthen the construction of internal control system, and improve and improve 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 2020, the Company held five general meetings of shareholders (including one annual general meeting and four extraordinary general meetings), nine meetings of the Board of Directors and six meetings of the Supervisory Board, the convening procedures, convening procedures, qualifications of participants and voting procedures of the meeting are in line with the Company Law, guidelines for the standardized Operation of listed companies on the Shenzhen Stock Exchange and other normative documents, as well as the articles of Association, the rules of procedure of the general meeting of shareholders, the rules of procedure of the Board of Directors and the rules of procedure 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. The independent directors of the Company were able to take measures to actively listen to the opinions and suggestions of small and medium-sized shareholders on important matters such as connected transactions, guarantee matters, deposit and use of proceeds in 2020, and expressed corresponding independent opinions, effectively safeguarding the legitimate rights and interests of small and medium-sized shareholders.
3. companies strengthen investor relations management, timely and effective information disclosure
In strict accordance with the articles of association, the company's 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 2020, the Company disclosed a total of 94 periodic reports and interim announcements in accordance with the regulations, the contents of which are true, accurate and complete, and there are 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 2019 annual report, the company also held the 2019 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, and audit director Mr. Hong Xueshao attended the performance briefing. At the briefing, small and medium investors actively participated in asking questions, and the company's directors and executives gave detailed answers to the questions raised by investors, help investors have a more comprehensive and in-depth understanding of the company's operations and development strategy 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 "shareholder return plan for the next three years (2018-2020)", and proposed the minimum proportion of cash dividends to actively 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 2019 17,203.24 14.12% 60,857.74
2018 1214.39 10,334.42 11.75% 45,981.09
1214.43 2017 6,239.96 19.46% 37,325.71
Cumulative cash dividends in the last three years as a percentage of average annual net profit (%) 43.14
Profit distribution plan for 2020: according to the "profit distribution plan for 2020" approved by the 16th meeting of the fifth board of directors of the company, it is planned to distribute a cash dividend of 0.50 yuan (including tax) to all shareholders for every 10 shares based on the total share capital of 485,756,156 shares after the close of the Shenzhen Stock Exchange on December 31, 2020. In 2020, 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, and builds a harmonious humanistic environment. care about the physical and mental health of employees, pay attention to safeguarding the basic rights and interests of employees, stimulate their enthusiasm and creativity, provide employees with opportunities and space for promotion and development, and earnestly safeguard their legitimate rights and interests. As of the end of 2020, the total number of employees in the company is 1361.
The 1. company strictly abides by the Labor Law, the Labor Contract Law and other relevant laws and regulations, and protects the legitimate rights and interests of employees in accordance with the law. The company has signed the Labor Contract with all employees of the company in accordance with relevant national and local laws and regulations, and timely handled social insurance, provident fund and other related procedures in accordance with relevant laws and regulations to ensure that employees enjoy social insurance benefits, so that employees can receive timely help and compensation in the case of pension, illness, Work-related injuries, unemployment, childbirth, etc., and implement the 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.
The 3. training was carried out as planned. In order to improve the quality and ability of cadres and workers and meet the needs of the company and their personal development, the company organized graded training for employees. A total of 214 internal and external trainings were organized throughout the year, with a total of 6541 participants, involving management, technology, quality control, warehousing, lathe worker, fitter, welder and other positions. A numerical control lathe skills competition has been held, and a new apprenticeship skills training project involving 93 fitters has been set up.
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 strive to improve the overall quality 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, 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 its suppliers have been adhering to the principle of equal consultation and mutual benefit, insisting on win-win cooperation and seeking common development. The company implements a qualified supplier evaluation system and a bidding system, establishes a fair and just evaluation system, regularly evaluates suppliers, and determines qualified suppliers based on the evaluation results. Through the integrated construction of the supply chain, the company continuously improves the procurement process and mechanism, strengthens procurement management, establishes a fair and just price selection and evaluation system, and creates a good competitive environment for suppliers; signs an annual supply strategy agreement with suppliers, and strictly Comply with and perform the contract to ensure the legitimate rights and interests of suppliers.
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 various customers, the company finds out the preferences and needs of customers through market research and market segmentation; in addition to maintaining regular communication with customers through telephone, e-mail, fax, etc., the company also organizes marketing and Technical personnel visit customers regularly, provide customers with technical support on site, provide high-quality pre-sales, in-sales and after-sales services, improve customer satisfaction, and 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 2020, 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 improve employees' awareness of environmental protection, no significant environmental pollution occurred during the reporting period.
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.
The company continues to practice the concept of environment-friendly and energy-saving development, effectively promote the sustainable development of the environment, and incorporate environmental protection, energy conservation and emission reduction into the whole process of production and operation. The company advocates the concept of green environmental protection, beautifies the company's factory environment by planting trees, flowers and lawns, and builds a garden-type enterprise; actively carries out energy saving and consumption reduction work, rationally and efficiently uses information and automated office systems, and makes full use of modern information technology, Greatly reduce the consumption of paper, ink cartridges and other office products; in daily work, the company promotes and encourages employees' awareness of environmental protection, environmental protection and sustainable development.
Chapter VI Safety in Production and Occupational Health
In 2020, the company organized various departments to closely focus on the annual safety and environmental protection work objectives, adhere to the safety production policy of "safety first, prevention first, comprehensive management" and the environmental protection policy of "continuous improvement and ensuring compliance", and carried out various tasks in a solid manner.
1. Carry out safety hazard investigation. We will continue to carry out in-depth identification and control of hazard sources, cover all departments of the company, sort out and analyze the categories of hidden dangers, and formulate effective preventive measures to ensure that the risk points found in the investigation of potential safety hazards are effectively controlled in a timely manner.
2. Pay attention to safety education and training. From the three-level education of new employees entering the factory, to the regular production safety meeting and the morning meeting of teams and groups in various workshops, the company has widely publicized and carried out production safety education and training through various channels. Throughout the year, various departments have been organized to carry out risk investigation, fire safety knowledge training, third-party inspection training, etc., to enhance employees' safety awareness and risk prevention ability.
3. Improve emergency response capacity. Throughout the year, various forms of special emergency drills such as epidemic prevention and control emergency drills, fire emergency drills, and food poisoning emergency drills were organized to strengthen the capacity building of the company's emergency team and improve the emergency response capabilities for various emergencies.
4. Actively safeguard the legitimate rights and interests of employees. In 2020, the company organized more than 190 employees in special positions to carry out occupational disease physical examination, carry out special inspection on the use of labor protection supplies, urge employees to do a good job in occupational disease prevention, and actively safeguard the rights and interests of employees.
5. After the outbreak of the new crown epidemic in early 2020, according to the guidance of the superior epidemic prevention and control department, the company immediately formulated effective epidemic prevention and control measures and effectively implemented them. It planned in advance and actively responded to ensure proper epidemic prevention measures and sufficient epidemic prevention materials. It realized the mutual promotion of epidemic prevention and control and resumption of work and production. While ensuring the physical and mental health of employees, various production and operation objectives and tasks throughout the year were successfully achieved.
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.
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.
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.
4. Actively support public welfare undertakings. Set up employee mutual aid funds within the company 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, sending warmth to socially disadvantaged groups and people in need. During the reporting period, the company donated a total of 1.4 million yuan to various social welfare organizations.
5. In early 2020, in the face of the sudden outbreak of novel coronavirus pneumonia, the company set up an epidemic prevention and control team. According to the guidance of the superior prevention and control department and its own actual situation, the company formulated the emergency plan and management system for epidemic prevention and control, strictly implemented the responsibility of enterprise prevention and control, and implemented refined management measures in publicity and prevention, personnel arrangement, return management, isolation observation, access control, body temperature detection, disinfection protection, catering control, material support, etc. All employees of the company work together to overcome the difficulties, adhere to the epidemic prevention and control and production development of both hands. In order to actively fulfill its corporate social responsibility and jointly fight against the epidemic, the company donated cash 1 million yuan to Qidong Red Cross Society. At the same time, the company's party committee, all party members, cadres and employees donated 270000 yuan, totaling 1.27 million yuan, to the front-line medical staff, public security officers, community cadres and volunteers to purchase anti-epidemic materials and give condolences. In addition, the company also donated imported KF94 mask 7500 pairs to the Red Cross Society of Qidong City, and donated disposable medical masks to suppliers and customers in areas with heavy outbreaks to help fight the epidemic.
Chapter VIII Party Building Work
2020 is the key year for building a moderately prosperous society in an all-round way and achieving the first centenary goal. All Party branches of the company thoroughly study and implement the spirit of the 19th National Congress of the Communist Party of China and the Fifth Plenary Session of the 19th Central Committee, adhere to and strengthen the overall leadership of the party, and organize and carry out winter training activities for Party members and party day activities to help resume work and production. Throughout the year, a party member conference was held once, the party committee 4 times, 17 outstanding party members were appraised and commended, 3 party members were recruited, and 4 party members became regular members. We will promote the normalization of education on the theme of "never forget the original ideal and ambition and bear in mind the mission", organize and carry out skills competitions among front-line employees, and actively guide party members and cadres to make good use of the learning platform of "learning to strengthen the country" to make learning the norm. turn the effectiveness of learning into the ability to solve practical problems. Comprehensively strengthen the deep integration of party building work and production and operation work, and use the new results of party building work to condense the thoughts of employees, inspire the spirit of employees, and gather the strength of employees, providing a strong driving force for the company's high-quality 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, the social and economic situation is complex and severe, and the company's development is facing greater challenges. Through the 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 2021, the company will continue to strengthen the party building work, give full play to the vanguard and exemplary role of party members and cadres, never forget the original ideals and aspirations, forge ahead, and take practical and effective measures to increase production and economy, increase income and reduce expenditure, and achieve high-quality development. The company will continue to accelerate technological innovation, improve the level of customer service, improve customer satisfaction, and create more value for shareholders. Pay attention to customer relationship management and investor relationship management, adhere to the "people-oriented", promote the construction of corporate culture and human resource management innovation, effectively protect the rights and interests of employees, and provide employees with a broader career development space. On the basis of realizing the sustainable development of the company's main business, we will continue to promote and improve social responsibility work, actively assume social responsibility, humbly accept the supervision of all sectors of society, strengthen communication and exchanges with various stakeholders, and continue to support social welfare undertakings. Make due contributions to building a beautiful China.
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 11, 2021