Jiangsu Shentong Valve Co., Ltd. 2018 Social Responsibility Report

Foreword

"Jiangsu Shentong Valve Co., Ltd. 2018 Social Responsibility Report" is the eighth consecutive public social responsibility report issued by Jiangsu Shentong Valve Co., Ltd. (hereinafter referred to as "the company" or "the company"). The time span of this report is 2018 From January 1st to December 31st, 2018, it truly and objectively reflects the company's important information on fulfilling social responsibilities in its business management activities, from all aspects of the interpretation of corporate social responsibility awareness and understanding. The content includes the overall development of the country and society, the natural environment and resources, as well as the responsibilities of shareholders, suppliers, customers, employees and other stakeholders. Since the company's initial public offering and listing in June 2010, it has always fulfilled its social responsibility throughout all aspects of the company's development strategy and management. It has continued to deepen in practice, strictly abide by social ethics and business ethics, and accept the government and society. Public supervision. This report is a manifestation of the company's conscious action to integrate social responsibility into the company's development strategy and management, and to participate in the construction of a harmonious socialist society in the new era.
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.
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.
This report is compiled in accordance with relevant regulations such as the guidelines on Social responsibility of listed companies on the Shenzhen Stock Exchange, the guidelines on the standardized Operation of listed companies on the SME Board of the Shenzhen Stock Exchange, and the Memorandum of Information Disclosure on the SME Board No. 2: matters related to periodic report disclosure (revised in February 2018), combined with the actual situation of the company in fulfilling its social responsibility. It has been examined and approved at the 24th meeting of the fourth board of the board of the board of the company.
This report is in Chinese and is published in the Company's statutory information disclosure website Juchao Information Network (www.cninfo.com.cn) on the Company's performance of social responsibility.
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, shellfish traps, 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 national post-doctoral research workstations, Jiangsu Province Nuclear Power Valve Enterprise Key Laboratory and other enterprise independent innovation platforms. It is a high-tech enterprise, a national intellectual property standardization demonstration enterprise, a Chinese industry-university-research cooperative innovation demonstration enterprise, and a top 100 supplier in China's petrochemical industry. Provincial industrial enterprise quality credit AAA grade enterprise, provincial college graduate employment internship base, Nantong City party building work demonstration site, is the vice chairman of the China General Machinery Industry Association unit, China Valve Industry Association vice chairman of the unit, the National Valve Standardization Technical Committee butterfly valve working group leader unit. The company has also won the Jiangsu Province Science and Technology Little Giant Enterprise, Nantong Mayor Quality Award, Nantong Civilized Unit, Nantong Honest and Law-abiding Enterprise, Nantong Top Ten Outstanding Workers' Home, China General Machinery Industry Association Science and Technology Innovation Outstanding Contribution Award, Qidong City Charity Award and other honorary titles. The company has passed API certification of American Petroleum Institute, CE certification of European Union, BV certification of French classification society, ISO9001 quality management system, ISO10012 measurement management system, ISO14001 environment management system and GB/T28001 occupational health and safety management system certification.
The company has valve testing and testing center, physical and chemical analysis laboratory, metallographic laboratory, flow characteristic test, containment pit filter test, cryogenic valve cryogenic test and other test facilities, with a construction area of 4700 ㎡. It has production, testing and testing equipment such as flow characteristic test, driving torque dynamic test, running aging test, thermal cycle test, cold cycle test, thermal aging test, liquid penetration, non-destructive testing, etc. With NASTRA finite element analysis, SolidWorks three-dimensional design, JSCAST casting process design analysis and verification of international advanced software. Valve flow characteristics test device is mainly for the valve flow capacity, flow resistance coefficient, regulating characteristics of the test design, but also for nuclear power valve special fluid blocking test and check valve water hammer characteristics test, is a system software support covering detection, data acquisition, data processing and automatic control of high precision, high automation system. The device makes full use of advanced measurement technology, control technology and computer technology to ensure the high precision and high repeatability of the test data. The designed maximum test capacity is nominal size DN700, nominal pressure PN40 and flow rate 6000 m/h. It is currently the valve flow characteristic test device with the largest diameter and the most complete functions in China.
In 2018, under the correct leadership of the company's party committee and board of directors, the company's operating management properly responded to the unfavorable market situation, actively adopted a number of measures to achieve revenue increase, cost reduction and efficiency increase, and through effective management of various business sectors and subsidiaries. Control has achieved sustained and stable growth in operating performance and asset scale. The company achieved operating income of 1,087.464 million billion yuan in 2018, an increase of 43.91 percent over the same period last year; operating profit of 97.0256 million billion yuan, an increase of 49.34 percent over the same period last year; and net profit attributable to shareholders of listed companies was 103.3442 million billion yuan, an increase of 65.62 percent over the same period last year.
Chapter II Protection of the Rights and Interests of Shareholders and Creditors
During the reporting period, in strict accordance with the provisions of 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 improved and improved its governance structure, standardized company operations, and strengthened information disclosure management and investor relationship management. Effectively control operating risks, achieve steady and rapid growth in operating 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 Internal Control Guidelines for Listed Companies to further improve the corporate governance structure, Standardize the company's operations, strengthen the construction of internal control systems, 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. In recent years, the Company has continued to promote internal control evaluation and risk management, and the Board of Directors conducts a 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 standardized 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 ensure the legitimate rights and interests of shareholders
The board of directors of the company attaches great importance to the standardized operation, the operation of the "three meetings" of the general meeting of shareholders, the board of directors and the board of supervisors has been continuously standardized, and various systems have been improved, forming a set of effective internal management and control system with mutual checks and balances, so as to effectively protect the legitimate rights and interests of all shareholders and creditors. In 2018, the Company held three general meetings (including one annual general meeting and two extraordinary general meetings), seven 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, the guidelines for the standardized Operation of listed companies on the SME Board of the Shenzhen Stock Exchange and other normative documents, as well as the articles of Association, the rules of procedure of the shareholders' meeting, 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. Each general meeting of shareholders is held by a combination of on-site voting and online voting, and various ways are adopted to ensure the participation rights of small and medium-sized investors. The independent directors of the Company actively listened to the opinions and suggestions of small and medium-sized shareholders and issued corresponding independent opinions on important matters such as related party transactions, guarantee matters, deposit and use of raised funds of the Company in 2018, effectively safeguarding the legitimate rights and interests of small and medium-sized shareholders.
3. strictly fulfill the obligation of information disclosure and strengthen the management of investor relations.
The company has formulated and improved the "Information Disclosure Management System" in accordance with the "Stock Listing Rules" of the Shenzhen Stock Exchange, "Guidelines for the Standardized Operation of Listed Companies on Small and Medium-sized Boards" and other regulations, and designated the secretary of the board of directors as the person in charge of information disclosure affairs and investor relationship management, The representative of securities affairs assists the secretary of the board of directors in organizing the work. The company selected the "Securities Times", "China Securities News" and Juchao Information Network (www.cninfo.com.cn) as the company's designated information disclosure media, and disclosed the company's major information in a timely, accurate and complete manner for the majority of investors Check. In the information disclosure work, adhere to the principles of openness, fairness and impartiality, there is no selective information disclosure behavior, to ensure that shareholders of the company's major matters and operating conditions of the right to know.
The company pays attention to communication with investors, strictly implements the provisions of the "Investor Relations Management System" and "Information Disclosure Affairs Management System", establishes specialized agencies and is equipped with corresponding personnel, and makes clear provisions on all aspects of investor relations management affairs. The company carries out various forms of investor relations activities to promote investors' understanding and recognition of the company, advocate rational investment, and establish the company's integrity image among public investors. In the company's website in a timely manner to publish the company's recent important news, to further let investors and the public fully understand the company's operation, set up the "investor relations" column, timely update relevant information and answer investor inquiries. The company also provides investors with the opportunity to learn about the company from various channels through on-site reception of visits from individuals and institutional investors, on-site visits, and media interviews by company executives.
In 2018, the Company disclosed a total of 85 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 2017 annual report, the company also held an online performance briefing for 2017. Mr. Wu Jianxin, chairman of the company, Ms. Zhang Yifang, president, Mr. Zhang Zongli, independent director, Mr. Zhang Qiqiang, vice president and secretary of the board of directors, Ms. Lin Dongxiang, chief financial officer, Mr. Hong Xuechao, audit director, and Mr. Sun Pengfei, the sponsor representative of the company, participated in the performance briefing, 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. establishing a long-term and stable profit distribution policy to ensure a stable return on investment for shareholders
The enterprise is a member of the society, and it is the responsibility of the enterprise to actively and steadily give back to shareholders and society. For many years, the company has adhered to the concept of sharing the fruits of enterprise development with investors and put them into practice. In order to reasonably formulate the cash dividend policy and corresponding decision-making procedures, and improve the information disclosure and supervision mechanism of cash dividend, according to the relevant requirements of the regulatory authorities and combined with the actual situation of the company, the company has formulated the "shareholder return plan for the next three years (2018-2020)", and put forward the minimum proportion of the company's cash dividend, and 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
1214.43 2017 6,239.96 19.46% 37,325.71
2016 1214.70 5,158.89 23.55% 32,674.30
1040.00 2015 1,657.63 62.74% 28,963.64
Cumulative cash dividends in the last three years as a percentage of average annual net profit (%) 79.71
Profit distribution plan for 2018: according to the "profit distribution plan for 2018" approved by the 24th meeting of the fourth session of the board of directors of the company, it is proposed to distribute a cash dividend of 0.25 yuan (including tax) to all shareholders for every 10 shares based on the total share capital of 485,772,156 shares after the close of the Shenzhen Stock Exchange on December 31, 2018, with a total cash dividend of 12,144,303.90 yuan. The Company will not use capital reserve to increase its share capital and will not send bonus shares in 2018, and the remaining undistributed profits will be carried forward to future years.
Note: in view of the fact that the total share capital of the company may change due to the repurchase and cancellation of some restricted shares before the implementation of the profit distribution plan, the actual total share capital of the company shall be subject to the total share capital on the date of equity registration when the profit distribution plan is implemented in the future. The company will keep the amount of profit distribution for every 10 shares unchanged and change the total amount of profit distribution accordingly. Investors are advised to note that there is a risk of adjustment to the total profit distribution due to changes in the total share capital.
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 2018, the company had a total of 1378 employees.
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 in accordance with relevant national and local laws and regulations, and handled labor contracts, social insurance and other related procedures in time 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 injury, unemployment, childbirth, etc., and implement the system of paid annual leave, make employees work and develop in a fair and just environment.
The 2. company adheres to the scientific principle of "fixing posts by responsibilities and fixing people by posts", and flexibly adjusts post settings and staffing. The company has established and implemented a performance evaluation mechanism based on ability and salary based on performance, scientifically set up an evaluation index system, regularly assess and objectively evaluate the performance of various positions and employees within the enterprise, and use the evaluation results as the basis for determining employee compensation and job promotion, evaluation, demotion, post transfer, dismissal, etc. Focus on the company's employees' personal performance standards, assessment, feedback, face-to-face promotion and other work, to promote the rapid growth and progress of employees, so that employees become more valuable people.
3. company always adhere to the people-oriented, pay attention to the physical and mental health of employees. The company's business scale continues to expand, and the number of employees is gradually increasing. The company regularly organizes all employees to conduct physical examinations, and promptly re-check and see a doctor when problems are found; in summer, it takes measures to prevent heatstroke and cool down, and configures air conditioners, televisions and water heaters for employee dormitories, which greatly improves employees Living conditions. Every holiday, the company sends out condolences and gifts to all employees, sending the warmth of the enterprise into the hearts of employees.
4. the company pays attention to the training of all kinds of employees and has built a relatively complete training system. every year, the human resources department organizes various departments to prepare annual training plans according to the post ability needs and competency of employees. targeted training courses such as induction training for new employees, project management, technical research and development, business consulting, and so on. In FY2018, the Company's Human Resources Department organized 317 internal and external trainings throughout the year, with 7028 participants. In order to further improve the training system, the company has established long-term cooperative relations with various colleges and universities, consulting companies, government labor and personnel management departments, and professional training institutions, and expands the knowledge of employees by organizing and participating in open classes, refresher training, and corporate manager training., Improve the overall quality of employees, and reserve a large number of outstanding talents for the company's rapid development and performance improvement. In 2019, the company will make an annual training plan in a timely manner according to the requirements of the training and education syllabus, and formulate a monthly training work plan and organize its implementation in a timely manner.
5. company attaches great importance to strengthening communication and exchange with employees. Through the company's workers' congress, production scheduling meeting, employee birthday symposium and other meetings, as well as the "magic style" newspaper, the company's intranet, WeChat public number and other forms, timely and extensive communication with the company's employees can be carried out 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.
6. company attaches great importance to the construction of corporate culture, and strive to improve the overall quality of employees. The company's party committee, youth league committee, and labor union organized activities such as tug-of-war, shuttlecock kicking, basketball league, and table tennis matches during the "May 1st" International Labor Day and National Day. By holding various forms of competition activities, the communication between the company's employees is more sufficient, the talent of the employees can be well reflected, the cohesion of the enterprise is enhanced, and a good corporate culture atmosphere is created.
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, constantly improves the level of management and service, treats and protects the legitimate rights and interests of suppliers, customers and related parties fairly, and creates an atmosphere of cooperation in good faith, harmony and fairness.
1. The company insists on operating in accordance with the law, standardizing operations, being honest and trustworthy to suppliers, customers and related parties, and has built a good relationship between production, supply and sales. Through the integrated construction of 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 supply agreements with suppliers, strictly abides by and fulfills contractual agreements, and solves disputes through friendly negotiation to ensure the legitimate rights and interests of suppliers. Organize technical personnel to enter the customer site, timely understand customer needs and problems, discuss and analyze solutions with customers, and provide services for the smooth operation of customer equipment.
2. 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 high-quality and thoughtful services., Quality inspection, transportation, delivery and other links are checked at all levels, and strive to improve customer satisfaction and maximize customer rights.
3. While providing high-quality products, the company pays attention to providing customers with high-quality technical support and after-sales service. In order to meet the needs of all kinds of customers, through market research and market segmentation, find out the preferences and needs of customers; in addition to maintaining regular communication with customers by telephone, e-mail, fax, etc., the company regularly organizes sales and technical personnel to visit customers, give customers technical support on site, provide high-quality pre-sales, in-sales and after-sales services, improve customer satisfaction and enhance brand image.
4. The company organizes regular marketing meetings every year. According to the market and customer demand information fed back by the salesmen, the company formulates effective marketing strategies, guides customer demand and continuously improves customer satisfaction. The marketing department holds a quarterly market strategy analysis meeting to analyze the market situation 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 2018, the company strictly abided by national environmental protection laws, regulations and local environmental protection regulations, continued to follow the requirements of ISO14001 environmental management system certification, strictly implemented the "three simultaneous" system of construction projects, and treated waste gas, waste water, noise and solid waste in accordance with management and control procedures in a timely and standardized manner to achieve discharge standards and strengthen the protection of the surrounding environment, vigorously advocate low-carbon, environmental protection, green office concept, improve the environmental awareness of employees, the company did not occur major environmental pollution 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 practices the concept of environment-friendly and energy-saving development, effectively promotes the sustainable development of the environment, and integrates environmental protection, energy conservation and emission reduction into the whole process of production and operation. The company advocates the concept of green environmental protection, builds garden enterprises, and beautifies the company's factory environment by planting trees, flowers and lawns. Actively carry out energy conservation and consumption reduction work, reasonably and efficiently use the company's SAP-ERP, OA and other office systems, and make full use of modern information technology to 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, and take effective measures to achieve environmental protection and sustainable development.
Chapter VI Safety in Production and Occupational Health
The company belongs to the machinery manufacturing industry, and safe production is an important prerequisite for ensuring the safety of employees' lives and property. The company strictly implements the the People's Republic of China Labor Law, the the People's Republic of China Safety Production Law, the the People's Republic of China Occupational Disease Prevention Law and other labor and safety production laws and regulations to continuously improve employees' work Occupational health and safe production conditions in the environment. The company has carried out reforms and innovations in the following areas:
1. The Ministry of Safety and Environmental Protection adheres to the safety production training, education and inspection system. It organizes safety production education and training for new employees twice throughout the year, and conducts many theoretical examinations for the company's cadres and employees, which has achieved good results in promoting learning through examinations. Organize and carry out safety production month activities, arrange safety production publicity banners, and post safety production publicity slogans and posters. During the reporting period, the company successfully passed the acceptance of the secondary unit of production safety standardization. In the future, it will continue to promote the standardization of production safety and the identification and control of hazard sources, and implement the work of production safety.
2. Supply heatstroke prevention drugs such as green tea, Rendan and ten drops of water during the high temperature in summer, and organize logistics departments to distribute cold drinks to front-line employees. Air conditioning is installed in the team lounge and powerful electric fans are installed on the operation site to create a comfortable working environment for employees.
3. Establish health records for employees, organize regular health examinations for employees, and equip employees' homes with fitness equipment and entertainment facilities, so that employees can have good work, life, leisure and entertainment places to ensure physical and mental health.
4, timely and full with labor protection supplies. The company according to the different configuration of the corresponding labor protection supplies, respectively, there are safety helmets, anti-heat work clothes, anti-static work clothes, acid-resistant work clothes, dust masks, eye shields, canvas gloves, gauze gloves, labor protection shoes and other labor protection supplies that meet the standard requirements. Regularly listen to the suggestions of the front-line staff on the labor protection supplies to protect the rights and interests of employees.
5. Identify hazard sources in the production area, organize the implementation of the company's safety production emergency plan, the inspection of fire fighting equipment, the actual practice operation of employee fire fighting equipment, train relevant employees, clarify their respective responsibilities, and organize plan drills regularly every year, Correct the problems existing in the drills and improve the ability to deal with various emergencies.
6. Strengthen the training of safety production education, and regularly invite safety production experts to explain safety knowledge, fire knowledge, emergency rescue and other safety knowledge, especially special operations personnel and safety production management personnel, all hold certificates.
Chapter VII Public Relations and Social Welfare Undertakings
While doing a good job in production and operation, the company does not forget to repay the society, pay attention to the social public interest, build harmonious and friendly public relations, and actively pay attention to and support social public welfare undertakings while taking into account the interests of the company and shareholders.
1. The company actively and 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. Within the company, the company has set up a mutual aid fund for employees to help and support families with major diseases and disabilities to tide over difficulties; outside the company, it focuses on supporting charitable foundations in the field of public welfare, actively helping the poor and needy, and sending them to vulnerable groups and people in need. Warmth. During the reporting period, the company donated a total of 610000 yuan to various social welfare organizations.
Chapter 8 Summary and Vision
The growth 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 has achieved good results. I would like to thank government departments at all levels, customers, suppliers and friends from all walks of life and investors for their strong support and love for the company.
In 2019, the company will continue to strengthen the party building work, give full play to the vanguard and exemplary role of Party members and cadres, and forge ahead in Do not forget your initiative mind. 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 the steady development of the company's main business, we will continue to promote and improve social responsibility work, actively assume social responsibility, humbly accept supervision from all walks of life, strengthen communication and exchanges with various stakeholders, continue to support social welfare undertakings, and make due contributions to the beauty of 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.
March 24, 2019