2022 Environmental, Social and Governance (ESG) Report

CONTENT

About the Report

2022 Environmental, Social and Governance (ESG) Report

02

Chairman's Speech04

About Astronergy

06

Stakeholder Research

16

Analysis of Substantial Topics

18

Corporate Governance andSustainable Management

20

Green Sustainable Management

22

Customer Rights Protection

27

Sunshine Compliance Operation
Product Development and Innovation
Product Quality Control

Sustainable Supply Chain

Social Responsibility Practice and Exploration

Climate Change &Environmental Friendliness

24
30
33
35
38

40

Response to Climate Change

42

Energy Resource Management

44

Water Resource Management

47

Pollution Governance

49

Career Development andSocial Welfare

54

Safeguard the Rights and Interests of Employees

56

Safeguard H&S

59

Support Employees’ Development

63

Commitment to Social Welfare

67

Independent Verification Statement70

Appendices72

Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

About the ReportT h e 2 0 2 2 A n n u a l E n v i ro n m e n t a l ,Social and Governance (ESG) Report(hereinafter referred to as "the Report")o f C h i n t N e w E n e rg y Te c h n o l o g yCo.,Ltd. (Astronergy) ("Astronergy","the Company" or "We") is the first
Environmental, Social and Governance(ESG) Repor t of the company, withthe purpose of presenting economic,
environmental and social sustainabilityrelated management prac tices andperformance of Astronergy in 2022 tostakeholders.

Reporting Boundaries 1

Data Sources

The scope of information disclosed in this report covers Chint New Energy
Technology Co.,Ltd. (Astronergy) and its subsidiaries:

The data in the report originated from internal original ledgers, corporate documents andaudit statements of Astronergy. Unless otherwise stated, the currencies in the report are all
expressed in RMB.

Company

Address

Chint New Energy Technology
Co.,Ltd. (Astronergy)

No.1 Jisheng Road, Jianshan New Zone, Haining,
Zhejiang ProvinceThis report was finally considered and approved by the Board of Directors of Astronergy heldon April 24, 2023. The Board of Directors and all directors of the company warrant that thecontents of the report do not contain any false statements, misleading statements or substantial

Chint Solar (Haining) Co., Ltd.

No.2 Jisheng Road, Jianshan NewZone, Haining,
Zhejiang Province

omissions. Astronergy is responsible for the truthfulness, accuracy and completeness of thereport contents.

Hangzhou Zhengtai Importand Export Co., Ltd

Room 723, Building 2, No. 1335 Bin'an Road,
Puyan Street, Binjiang District, Hangzhou, Zhejiang
Province

Hangzhou Branch of Chint
New Energy Technology
Co.,Ltd. (Astronergy)

Room 724, Building 2, No. 1335 Bin'an Road,
Puyan Street, Binjiang District, Hangzhou, Zhejiang
Province

Chint Solar (Yancheng) Co.,
Ltd.
Chint New Energy Technology(Yancheng) Co., Ltd.
Chint New Energy Technology(Jiuquan) Co., Ltd.

No.1 Tonghui Road, Shanghai-Suzhou Industrial
Linkage Cluster, Dafeng District, Yancheng, Jiangsu
Province

No.15 Jingwu Road, Jiuquan Economic andTechnological Development Zone, Suzhou District,Jiuquan, Gansu Province

Songyuan Astronergy
Photovoltaic Technology
Co.,Ltd.

Yadahong Industrial Zone, Ningjiang District,
Songyuan, Jilin Province

M.L.T. Solar Energy
Products Co.,Ltd.

88/1 Moo 9 Ko Khanun. Phanom Sarakham,
Chachoengsao

Reporting Standards
Prepared in compliance with the requirements of 2021 edition of Global Reporting Initiative
Standards(GRI Standards) on the sustainability report;
Refers to the United Nations Sustainable Development Goals (UN SDGs) and the United
Nations Global Compact 10 Principles (UNGC 10 Principles).

External Verification
The report has been verified by the Shanghai Branch of TÜV SÜD Certification and Testing(China) Co., Ltd. and issued the "Limited Guarantee'. The verification report is attached.

Release of the Report
Reporting Period
This annual report covers the period from January 1, 2022 to December 31,
2022. Some textual information is outside this scope, which will be explained
as deemed appropriate.

102

Note: The operated data of Chint Solar (Haining) Co., Ltd. is recorded in Chint New
Energy Technology Co.,Ltd. (Astronergy) and the factories under construction are notincluded in this report; Jilin Songyuan Manufacturing Base was put into operation on
December 15, 2022, less than one year after it was officially put into operation, which
is not included in the data of this report; the relevant data of Chint Solar (Jiuquan)Co., Ltd. shall be recorded in Chint New Energy Technology (Jiuquan) Co., Ltd.; The
factories in Yiwu, Yueqing, Fengyang, Ningxia and Fuyang are still under construction
and are not covered by this report.

This report is published electronically in Chinese and English on the Internet. In case of
discrepancies between the English and the Chinese version, the Chinese report shall prevail.
Electronic copies are available for download on our website at: https://www.astro-energy.com

Contact Information
Astronergy Sustainability Management Committee, ASMC
Address: No.1 Jisheng Road, Jianshan NewZone, Haining, Zhejiang Province
Tel: +86 182 6846 9574
Email: marketing.astro@Astronergy.com

03

Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

Chairman's Speech
The potential of PV industry was in the limelight acrossthe global in the year 2022. With various unstablefactors such as post-pandemic effect, climate change
and wars, PV has maintained an increasing trend with
230GW of new installations for the year and a yearon-year growth of 35.3%. The world recognized theurgency of low-carbon energy transformation and thetremendous potential of PV.
The year of 2022 was extremely special for Astronergy
as well. Upon entrance to the PV industry in 2006,
A s t ro n e rg y h a s b e e n co m m i t te d to i t s m o d u l emanufacturing business for 17 consecutive years,
demonstrating strong vitality and corporate resiliencein the green energy sec tor. In 2022, Astronergy
managed to step up strategic upgrading, whereby
the standardization and effectiveness of corporate
governance was improved, brand positioning andperformance targets were clarified, and outstanding
results were achieved beyond expectations thanks tojoint efforts from all employees.
In 2022, Astronergy offered more internationalcustomers with green and clean electricity through PV/
solar modules, and the shipment volume hit a historic
high; on the product scale, we focused on promoting
the construction of high-efficiency production capacity,whereby the annual production capacity reached
20GW; on the industrial chain layout, we achieved
vertical integration and synergistic development, andenhanced the integrity of the whole industrial chain andcorporate capacity in risk mitigation by laying out the
upstream silicon wafer and silicon material enterprises
through investment and shareholding. We insisted onstable and compliant operation, taking into accountthe expectations of shareholders, suppliers, customers,
employees and other stakeholders, and achieved double
business income and steady increase in profitability in04

line with the established targets. More importantly, at a time when technology iterations are well under way, Astronergy has steppedsmoothly into the n-type track and taken the lead in the industry to achieve mass production of n-type TOPCon Modules, providing aclear strategic direction for long-term corporate development.
In terms of sustainable development, Astronergy has never stopped practicing or exploring.
As an intelligent manufacturing enterprise focusing on PV modules, Astronergy has always taken green and sustainable development
as its long-term strategic goal and continues to implement energy-saving and low-carbon actions across the industrial chain. In
terms of product, we are actively promoting thinner and larger silicon wafers, prioritizing environment-friendly materials, continuously
improving energy utilization and module efficiency, in order to reduce carbon emissions and energy consumption of ASTRO module
products in all respects. Meanwhile, we have launched the accounting of product carbon footprint and greenhouse gas emissions in
a comprehensive manner, obtained the first Carbon Labeling Certificate in the PV industry in China and the French Carbon Footprint
Certification provided by Certisolis for our entire product line, and actively promoted the product carbon footprint and environmental
product declaration verified by authoritative institutions. In addition, Astronergy also actively rolled out green and energy-saving
smart energy supply and utilization projects in its headquarters and bases to promote sustainable development of the enterpriseitself.
As a green manufacturing enterprise, Astronergy has always taken corporate social responsibility as its innate mission and has
gradually built a more systematic ESG system on the basis of the existing sustainable management system. At the end of the reporting
period, the ESG Committee of Astronergy was formally established to mobilize R&D, manufacturing, supply chain, product service,human resources and other departments for special subject committees covering R&D innovation, energy saving and emission
reduction, sustainable procurement and employee welfare, optimize the operation and management mode, formulate corresponding
ESG indexes, evaluate environment friendliness and effectively promote the emission reduction and carbon reduction plans.
The first ESG report of Astronergy represents just a new starting point for corporate sustainable development strategy. From green
products to green supply chain, from low-carbon factory to zero-carbon factory, from the enterprise itself to the surrounding
communities and peer partners, Astronergy never ceases to deliver the value of PV and ensure a better understanding of PV acrossthe world. In the future, Astronergy will continue to build a better, inclusive, fair and harmonious society together with its partners.
Countries around the world are driving the progress of carbon peak and carbon neutrality. From major economies and countries tosmall enterprises, organizations and individuals, low-carbon sustainable concept has been recognized. There have been controversies
in terms of energy security, climate change, and technology routes, but sustainable living has been a consensus of all, a common
concept shared by all nations.
PV industry, boasting a nature of sustainable development, will serve as a bridge toward building a community of sustainable living.
Astronergy aims to be one of the driving forces behind the change across the globe. We implement low-carbon action throughevery PV/solar module, practice green behavior through every employee, and guide our partners in the PV industry chain to build asustainable ecology together. We believe, with combined efforts we can contribute to a green sustainable life in the near future.

05

Chint New Energy Technology Co.,Ltd. (Astronergy)

About Astronergy
Company Profile
Chint New Energy Technology Co.,Ltd. (Astronergy) , originally known as Chint New Energy Technology (Haining) Co., Ltd. back in
2006, came into being in 2022 with the adjustment of new energy business sector under the Chint Group. Astronergy is committed
to becoming the most competitive photovoltaic modules supplier worldwideof PV/solar modules guided by the mission of "to createa sustainable and net-zero carbon world with solar power". The company focuses on the R&D, production and sales of high-efficient
crystalline silicon solar cells and modules, and continues to launch the ASTRO series of high-efficient module products, intending
to meet the needs of utility-scale power stations, industrial and commercial distributed power plants, household power plants andother full-scene application scenarios.

2022 Environmental, Social and Governance (ESG) ReportType

Product Name

Application Scenario

ASTRO N

625W/575W/435W/425W UHP
modules

ASTRO N series adopts n-type TOPCon cells, combined with high-density encapsulation,
non-destructive cutting and other processes to achieve the five core advantages of highpower, high efficiency, high reliability, high value, and high power generation per watt. This
singular portfolio boasts a variety of products for versatile scenarios of all customers.

ASTRO 5555W/550W HP modules

ASTRO 5 series adopts Astronergy PERC+ cell technology, 182mm large-size silicon wafers,
combined with non-destructive cutting and other processes to achieve the five coreadvantages of high power, high efficiency, high compatibility, high quality, and low BOS &LCOE, suitable for utility-scale power stations and large-scale distributed projects.

ASTRO 5s

415W/405W HP modules

Astronergy has created ASTRO 5s featuring "lightness, efficiency, quality and beauty",
an exclusive ultra-high-value portfolio tailored to the differentiated needs of residential
customers, especially for the overseas customers.

Financial Performance 2
In the context of our business strategy upgrading in 2022, we have been operating steadily, doubling our operating revenue andimproving our profit margin. Major financial expenditures haven't involved major infrastructure investments and supporting services,and climate change has not yet had a material financial impact. During the reporting period, the direct economic value generated
was RMB 20.666 billion, including RMB 19.059 billion in operating costs, RMB 759 million in staff salaries and benefits, and RMB 122
million in payments to capital providers.

Industry layout
Astronergy operates in more than 140 countries and regions around the world. Now it has established intelligent manufacturingbases in Haining (Zhejiang Province), Yancheng (Jiangsu Province), Jiuquan (Gansu Province), Songyuan (Jilin Province) in China, andThailand, and has set up subsidiaries and sales centers in Germany, Spain, the Netherlands, Poland, USA, Canada, Brazil, Australia,
Singapore, Japan, Thailand and other countries and regions. Corporate products are embraced in Europe, North America, Latin
Australia, Asia-Pacific and other international mainstream markets.

Products
Astronergy's module portfolio covers monocrystalline bifacial and monocrystalline monofacial series, employing a number ofadvanced PV technologies such as large-size silicon wafers, half-cut technology, MBB, non-destructive cutting, high-density
encapsulation, etc. to improve module power and efficiency, and the module index has reached the international first-class level.
Meanwhile, Astronergy modules have obtained multiple certifications, including CTC national inspection, and their efficient andreliable performance has been verified and approved by many world-renowned third-party institutions such as TÜV Rheinland. Main
products and application scenarios are listed as follows:

Module capacity: 48GW

Jiuquan, Gansu Province

Cell capacity: 40GW

Songyuan, Jilin Province
Yancheng, Jiangsu Province

Haining, Zhejiang Province

Thailand
Module capacity: 90GW+
Cell capacity: 78GW+

Capacity layout and planning of manufacturing bases in 2022
2

Note: The financial data in the report are in RMB. In case of any discrepancy between the financial data and the annual financial report of thecompany, the annual report shall prevail.

06

07

Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

Our History
Chint New Energy Technology Co.,Ltd. (Astronergy) (hereinafter referred to as "Astronergy") is an intelligent manufacturing
enterprise focusing on PV/solar cell modules under the Chint Group, and is one of the earliest private enterprises to enter the PV
field in China. It was originally known as Chint Solar (Zhejiang) Co., Ltd. (hereinafter referred to as "Chint Solar") under the ChintGroup back in October 2006. Zhejiang Chint New Energy Development Co., Ltd. (hereinafter referred to as "Chint New Energy") wasestablished under the Chint Group in October 2009, and "Chint Solar" was organized as the crystalline silicon manufacturing division
under "Chint New Energy", responsible for developing businesses related to crystalline silicon manufacturing under the Chint Group.

2022
2016
Hangzhou intelligent factory,
Haining transparent factory,
and Thailand factory all put into
operation

In May 2022, in order to adapt to the development of new energy industry, Chint Group issued an announcement to all stakeholders
and partners, announcing that the new energy sector of the Group involving crystalline silicon manufacturing, module sales andother businesses would be unified and centralized under "Astronergy" and operated independently, and Chint Solar and Chint New
Energy, subsidiaries of the Group, will actively cooperate with Astronergy to complete the business transfer of each sector.

2008
2006
Chint Solar was established, marking
the milestone for Chint Group toaccess the new energy industry

08

The businesses including
crystalline silicon manufacturingand module sales of Chint Groupare integrated into Chint New
Energy Technology Co.,Ltd.
(Astronergy)

2012

2015

Completion of Gansu Jiuquan PV/
solar module production line

Chint New Energy Technology(Haining) Co., Ltd. was established,with annual sales of PV/solar
modules exceeding 1GW

2021
Jiangsu Yancheng factory put
into operation

The capacity of crystalline silicon
module reached 100MW

2014
Acquisition of ConergyFrankfurt PV/solar module plantin Germany

09

Chint New Energy Technology Co.,Ltd. (Astronergy)

Mission, Vision and Values
Astronergy is committed to becoming the world's most competitive supplier of PV/solar modules guided by the mission of "tocreate a sustainable and net-zero carbon world with solar power". Astronergy is committed to providing global customers withhigh-quality, highly reliable and stable module products in the long run with the principle of "customer focus, accountability,
collaboration, high efficiency and innovation”, so that the world can better understand the value of optical energy.
"Create sustainable and efficient green energy" is the product value that Astronergy has been upheld for a long time. Astronergy
has been honored as a "Top Performer" in PVEL's stringent reliability tests 6 times and has been repeatedly ranked as a "Tier 1
PV/solar Module Maker" by Bloomberg New Energy Finance, a leading international research firm. Meanwhile, Astronergy has afull picture of the technology development trend and market demand changes, and lays out the R&D and application of n-typebatteries in advance, becoming one of the first enterprises in mass production of n-type TOPCon modules. In addition, Astronergy's
manufacturing factories boast advanced domestic intelligent manufacturing innovation and development, demonstrating promising
corporate development potential.

2022 Environmental, Social and Governance (ESG) ReportAwards and Honors
At the end of the reporting period, we have received quite a number of awards from major industry media, organizations andlocal governments for excellent product quality and outstanding brand effect. These were acknowledgements of Astronergy's
distinguished contribution to R&D, quality and after-sales service in the long run, and we will continue to improve our brand powerand gain wider recognition in the future.

Type

Astronergy has always taken corporate social responsibility as an integral part of its corporate strategy and sustainable
development, and has implemented a series of social responsibility projects in environmental protection, sustainable development,
PV poverty alleviation, and social welfare, creating positive social values.
In 2022, Chint New Energy Technology Co.,Ltd. (Astronergy) announced its latest social responsibility policy, and will makecontinuous efforts in becoming the most socially responsible and trustworthy PV manufacturer in China. If a company wants to be
successful in the long run, it must comply with laws and regulations across the globe and operate with integrity and consistency. In
July 2022, Chint New Energy Technology Co.,Ltd. (Astronergy) released its latest Supplier Code of Conduct, calling on and driving
business partners in compliance.

IndustryMedia

Industry
Institutions

Local
Government

10Award NameAwarded forAwarded by

Monofacial PERC Winner of Performance Awardfor "Optical Energy Cup"

Product

Solarbe & China General Certification Center

2022 Outstanding Performance Award PV/solar
ModuleProduct

Energy Box of Malaysia

Top 10 distributed PV module brands of China in
2022

Product

CREC

Most Innovative Cell/Module Company in PV/solar
Industry in 2022

Product

PV Industry

China Distributed PV/solar List - China PV
Innovative Enterprise Annual Award in 2022

Company

Shared Energy Network / The 4th China Distributed PV/
solar Innovation Development Forum

China Distributed PV/solar List - Cell Module
Winning Brand Award in 2022

Company

Shared Energy Network / The 4th China Distributed PV/
solar Innovation Development Forum

PV/solar Industry Ultra High Efficiency – PV/solar
Module Annual Award in 2022

Company

OFweek / The 13th Solar PV Industry Conference & PV/
solar Industry Annual Awards in 2022

Influential PV/solar Cell/Module Brand in 2022

Company

Polaris Solar PV/solar Awards - PV Influential Brand of
11th "Polaris Cup"

Most Influential PV/solar Module Enterprise("Optical Energy Cup") in 2022

Company

Solarbe "Optical Energy Cup" PV industry selection in
2022

TOPCon Innovation Award for Excellent Product in
2022

Product

China PV/solar Top-runner Innovation Forum

PV/solar Industry Carbon Neutrality Field Contribution Award in 2022

Company

China PV/solar Industry Annual Conference of China
Photovoltaic Industry Association (CPIA ) / CTC in 2022

Special Contribution Award for the Project ofComparative Analysis of Technical and Trade
Measures Related to Carbon Footprint of PV/solar
Products

Company

China PV/solar Industry Annual Conference of China
Photovoltaic Industry Association (CPIA ) / CTC in 2022

Carbon Neutrality Individual Outstanding
Contribution Award

Individual

China PV/solar Industry Annual Conference of China
Photovoltaic Industry Association (CPIA ) / CTC in 2022

EcoVadis Silver Award for CSR Achievement in
2022

Company

EcoVadis

Bifacial PV/solar Module Outdoor Power
Generation Excellence Award

Product

TÜV Rheinland

Top Ten Distributed PV/solar Module Brands in
China

Company

In the PV industry conference jointly organized by
Wuxi Municipal People's Government, China Chamberof International Commerce, China Council for the
Promotion of International Trade, Jiangsu Sub-council,
it was awarded the top ten distributed PV/solar module
brands in China in 2022

Green and Efficient Bifacial and Double-glass
Technology Award

Company

Sponsored by Xiuzhou People's Government of Jiaxing
and PV Committee of China Green Supply Chain Alliance11

Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

Join the Industry Associations
In order to timely follow the relevant policies and trends of the PV industry, promote discussion and exchange, and improve themanagement of the company, we have joined various industry associations both as an individual and on behalf of the company,
including 23 national organizations, 11 international organizations, 6 industry associations, and 67 local associations.

Level

National

Type

Name

Position

Association

China Photovoltaic Industry Association

Standardization
Committee
Association

Level

Type

Name

Position

Vice President

Association

SolarPower Europe (SPE)MemberStandardization Technical Committee of China PV Industry Association

Committee Member

Association

Solar Energy Industries Association (SEIA)

MemberPV Building Professional Committee of China PV Industry Association

Deputy Director of theCommittee

Association

Smart Energy Council (SEC)

MemberStandardization
Committee

BIPV Working Group of China PV Industry Association

Member

Association

Middle East PV Industry Association (MESIA)

MemberStandardization
Committee

Standardization Technical Committee for Household PV Power Generation of China
Electricity Council (CEC)

Committee Member

Association

Chilean Solar Energy Association (ACESOL)

MemberAlliance

PV Committee of China Green Supply Chain Alliance

Vice President Units

Association

Colombian Association of Distributed PV (ACOSOL)

MemberStandardization
Committee

Standardization Working Committee of China Society for the Promotion of Scienceand Technology Commercialization

Expert member

Association

German Solar Energy Industry Association (BSW)

MemberAlliance

Zhongguancun Energy Internet Industry Technology Alliance

Member

Association

Asian Photovoltaic Industry Association

Standing member

Association

Optoelectronic Building Application Committee of China Construction Metal
Structure Association

Director

Alliance

China BIPV Alliance Industry and Technology Committee

Committee Member

Society

China Renewable Energy Society

Member Unit

Alliance

China New Energy Overseas Development Alliance

Governing Unit

Association

Silicon Industry Branch of China Nonferrous Metals Industry Association

Governing Unit

Standardization
Committee

Standardization Technical Committee of Energy Industry Distribution System

Committee Member

Society

China Energy Research Society

Director

OthersECOPV Photovoltaic Recycling Industry Development Cooperation Center

Vice President Unit

Association

Energy Investment Professional Committee of China Investment Association

Director

OthersSolar Power Branch of China Electricity Council (CEC)

Member Unit

Association

Renewable Energy Special Committee of China Association of Circular Economy

Member

Association

Zhejiang Internet of Things Industry Association / Zhejiang Intelligent
Manufacturing Standards Alliance

Governing Unit

Association

Professional Committee of Distributed Renewable Energy of China Gas Association

Deputy Director of theCommittee

OthersZhejiang Brand Building Federation

Governing Unit

Standardization
Committee

Standardization Working Committee of China Society for the Promotion of Scienceand Technology Commercialization

Member Units

Standardization
Committee

Zhejiang Solar PV Standardization Technical Committee

Deputy Directorof the CommitteeStandardization
Committee

Standardization Technical Committee of National Solar PV Energy System

Committee Member

Association

Zhejiang Solar Photovoltaic Industry Association

ChairmanSociety

PV Metrology Testing Professional Technical Committee of Chinese Society for
Measurement - End-User Promotion Group

Member

Association

Zhejiang Green Building Association

Managing director

Association

Committee of Experts under China Electrical Equipment Industry Association

Committee Member

Association

Committee of Experts of Zhejiang Green Building and Building Energy Efficiency
Industry Association

Committee Member

OthersChina New Energy Chamber of Commerce

Changed to executive
president in the new tenure

OthersZhejiang Provincial Energy Association

Vice chairman

Alliance

China Integrated Energy Service Industry Innovation Development Alliance

Member

Association

Jiangsu Province Renewable Energy Industry Association

Managing director

OthersCarbon Peak and Carbon Neutrality Committee of China Electric Power Promotion
Council

Director

Alliance

Zhongguancun Intelligent Energy Industry Alliance

Governing Unit

Association

Clean Energy Council

Corporate member

OthersMember of IECRE SG453 End User Working Group

Member of group

OthersChina-Africa Business Council

Director

Association

United Nations Global Compact (UNGC)

MemberIndustrial

Local

International

1213

Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

Our 2022
Adhering to sustainability philosophy, Astronergy actively practices the 17 UN SDGs and has set and achieved milestones in thethree major areas of ESG.

Corporate Governance
Sustainable Management

SDGs

Legal proceedings related
to corruption and unfair
competition:

0

Customer satisfaction score:Conduct due diligence andenvironmental assessment
dimension screening in termsof supplier's social impact:

92.89

100

R&D investment over than
RMB

Accumulated patents:

Goal 8 Decent Work and Economic Growth: Actively engage in productive business activities that create job opportunities andeconomic growth for local communities.
Goal 9 Industry, Innovation and Infrastructure: Build industry-leading PV/solar module.experimental line to increase technicaladvantage of product iteration.
Goal 16 Peace, Justice and Strong Institutions: Standardize corporate governance, gradually improve the compliance system,and promote social construction based on rule of law.

Climate Change
Environment-friendly

Key Performance

Complaints related toinfringement of customer
privacy:0

Scope I+II emission intensity:
Goal 6 Clean Water and Sanitation: Establishment of onsite industrial sewage treatment facilities and domestic sewage
treatment facilities.

30.49

tCO2e/MW

250

millionEnergy intensity:%

tons of standard coal/MW

Goal 7 Affordable and Clean Energy: Installation of PV solar panels on the roof of the field and procurement of green power.

100

%

230

Achieved

0.46

Customer complaint tracking
and rectification rate:3%

reduction in overall
energy consumption

Environmental violations:0

Goal 13 Climate Action: Arrange greenhouse gas accounting activities, develop energy-saving and emission reduction targets.

Career Development
Social Welfare

Employee satisfaction score:

82.49

Goal 3 Good Health and Well-Being: Develop a comprehensive occupational health and safety system, focus on the health andhappiness of each employee, and provide competitive compensation packages for employees.

0

Goal 5 Gender Equality: Build an equal and inclusive workplace and avoid discrimination against employees due to gender.
Goal 10 Reduced Inequalities: Respect and safeguard human rights, adhere to the principles of fairness & justice and equal
competition, and prohibit discrimination against employees in terms of nationality, gender, age, ethnicity, religious beliefs, etc.

Return rate of employees after
taking parental leave:

100%

A total of632

EHS safety training sessions were
provided for a total of

16,406

Goal 4 Quality Education: Set up project demonstration bases for colleges and universities to practice educational activities.

Goal 11 Sustainable Cities and Communities: Get actively involved in social welfare.

14

which has been on the rise fortwo consecutive years

Incidents of discrimination, harassment,
forced labor or child labor:

Factories awarded ISO 45001 and ISO
14001 certificates:

100%

participants, and34

emergency drill activities.

15

Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

Stakeholder Research
Astronergy deploys a long-term and effective strategic plan to enhance its brand influence and set up industry benchmark. The supportand suggestions of various stakeholders are indispensable in the process of planning and implementation. By establishing transparent
and effective multi-platform and multi-directional communication channels, we can consolidate and deepen the communication andrelationship with each stakeholder, enabling the company to interact with stakeholders via multifaceted channels, fully satisfying the
expectations and demands of each target group, and helping the company to develop a more comprehensive corporate operational
strategy. All these measures are conducive to injecting more vitality into the company in the long run. By taking into account international
standards, status quo of the PV industry and the characteristics of the company itself, we have collected feedback from stakeholders in
the form of a questionnaire:

Topic identification
Identify, update and summarize
24 highly relevant topics basedon GRI Sustainability ReportingStandards, SASB Sustainability
Accounting Standards andmainstream ESG rating indices in
the capital market and corporate
strategic development objectives;

Topic research

Result analysis

Stakeholder groups and membersof corporate governance bodies
are invited for questionnaires andfield interviews.

Substantive topics determination

According to the double
substantive evaluation criteria,
each topic is cross-analyzed
from the perspective of financial
materiality and impact materiality
respectively;

Based on the results ofsubstantive analysis, as wellas technical analysis, the levelof substantive topics are thus
determined.

Stakeholders

Supplier

Concerned Topics

Main Communication Channels

Expectations for the Company

Product quality

Regular return visits

Stable partnership

Business ethics

Satisfaction survey

Monthly rating of suppliers

Digital transformation

Email correspondence

Specialized corporate services

Lead the industry development

Exhibition communication

Technology innovation

Green supply chain

Business exhibition platform

Business ethics and fairness

Develop circular economy
Government
andregulators

Business ethics
Green low-carbon products
Support community building

Product quality
Publiccommunity

Energy resource management
Green low-carbon products
Green supply chain

A total of 1,409 responses were collected from both domestic and overseas stakeholders. The main contents include:

Stakeholders

Concerned Topics

Main Communication Channels

Expectations for the Company

Green supply chain
Shareholders
and Investors

Response to climate change
Energy resource management
Digital transformation
Safeguard customer rights/information
security

Promote local employment
Surrounding
residents

Lead the industry development
Product quality and safety

Business ethics

Voluntary services
Digital transformation
Green supply chain

Face-to-face visits
Regular visits

Good market performance

Daily communication

Satisfaction questionnaire
Official accountTelephoneBusiness exhibition platform
Interviews

Questionnaire
Official accountTelephone
Daily communication

Good product quality
Stable partnership
Ensure service quality
Increase communication and displaying
Optimize management

Provide quality products
Generate cluster effectStrengthen local employment
Reduce pollution and emissions
Stable partnership

Telephone

Steady business growthField visits

Quality product

Investor relations

Fulfill social responsibility

Business ethics

Scientific research cooperation

Low-carbon green products

Investment and financing interface

Promote industrial development

Product quality

School-enterprise cooperation

Stable partnership

Business exhibition platform

Refined supply chain management

Green low-carbon products

Sales platform

Provide premium services

Digital transformation

Technical exchanges

Demonstrate advanced technology

Response to climate change

Trade exhibition

Strengthen scientific cooperation

Telephone

Stable partnership

Regular return visits

Business ethics and fairness

Business exhibition platform

Green manufacturing

Research
institution

Full product lifecycle management
Telephone

Stable cooperation

Green low-carbon products

Customer visit

Improve product and service

Develop circular economy

Product quality and safety

Email correspondence

Steady corporate development

Customer relationship management

Dedicated contact

Expand product applications

Green supply chain

Business sales intersections

Improve product quality

Department contact

Water resources utilization
management

Lead the industry in the right way

Offline communication

Premium services

Directors exchange

Increase performance incentives

Business ethics

TelephoneInternal official account

Provide development opportunities

Green low-carbon products

Regular return visits

Product quality

Satisfaction questionnaire

Enhance work safety

Lead the industry development

Satisfaction survey

Business ethics

Corporate OA platform

Caring corporate management

Response to climate change

Social software

Green supply chain

Department reporting

Good product quality

Product quality

Communication between sector heads

Safeguard customer rights/information
security
Customers

Industry
associations

Develop circular economy

Occupational health and safety
Talent strategy, training anddevelopment
Employees

16

Peercompanies

Energy resource management
Response to climate change

Stable partnership
Excellent corporate quality
Serve as the role model of the industry
Technical support and talent exchange

17Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

Analysis of Substantial Topics

Determine the matrix of substantive topics of Astronergy via scoring statistics and technical adjustment of the questionnaire forstakeholders:21

Astronergy's stakeholders will conduct materiality assessment of the 24 identified topics in two dimensions, namely, financial
materiality and impact materiality. There are five dimensions from "significant impact" to "no impact", and the corresponding scale
is from "5" to "1", with different weightings for different stakeholders. The assessment is based on a weighted average of the scoresof each question of the same stakeholder, and then weighting and technical adjustment is made to get the distribution results ofsubstantive topics.

19

2
17

9

20
4

18

1

7

5

16
24

15
10
8

12

3

23

22
14

Financial materiality

Impact materiality

Refers to the impact of Astronergy's value
creation, such as development, reputation,
performance, finance, etc;

Refers to the impact of Astronergy on theexternal economy, environment and people, suchas sustainable communities, industrial innovationand infrastructure, reduced inequalities,
environmental protection, etc.

11
13
6

In order to respond to the concerns of different stakeholders on substantive topics, Astronergy have added texts in relevant page, therelationship thereof is listed below:

Page Number

Voluntary services

Energy resource management

14

Promote local employment

15

Green supply chain

Topic

No.

Topic

1

Energy management132

Response to climate change

3

Water resources utilization management

4

18

Topic

No.

Waste management

16

Business ethics

Classification

High substantive
topics

Topic

Page Number

44-46

Controversial procurement38-39

Response to climate change

42-43

Green supply chain

35-37

Digital transformation

30-32

Human rights

56-58

Product quality control

33-34

Occupational health and safety

59-62
56-58

Classification

Mediumsubstantive
topics5

Material circulation

17

Human rights

Business ethics

24-26

Diversity and equal
opportunities

6

Biodiversity

18

Occupational health and safety

Talent strategy, training anddevelopment

30-32/63-66

Anti-corruption

24-26

7

Develop circular economy

19

Product quality control

Safeguard customer rights/
information security

27-29

Biodiversity

38-39

8

Green low-carbon products

20

Diversity and equal opportunities

Water stewardship

47-48

Lead the industry development

10

9

Digital transformation

21

Talent strategy, training and development

Waste management

49-53

Support community building

67-69

10

Controversial procurement

22

Freedom of association and collective bargaining

Material circulation

44-46

Promote local employment

67-69

11

Lead the industry development

23

Anti-corruption

Develop circular economy

38-39

Voluntary services

67-69

12

Support community building

24

Safeguard customer rights/information security

Green low-carbon products

38-39

Freedom of association andcollective bargaining

56-58

Mediumsubstantive
topicsLow substantive
topics19

Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

Corporate
Governanceand Sustainable
Management
Corporate governance is the core of modern corporate system and a permanent
topic. It is the pivot to ensure stable business operation and scientific decisionmaking, and a key mechanism to breaking information barriers acrossstakeholders. An advanced governance structure is the guarantee of sustainablecorporate operation, continuously enhancing overall corporate power anddemonstrating outstanding market competitiveness.

20

Green Sustainable Management

22

Sunshine Compliance Operation

24

Customer Rights Protection

27

Product Development and Innovation30

Product Quality Control

33

Sustainable Supply Chain

35

Social Responsibility Practice and Exploration

38

21

Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

Astronergy is committed to sustainable development in the long run. In order to further respond to the risks and opportunities
caused by climate, environment and market policy changes, and to enhance corporate contribution in terms of environmental andsocial responsibility and corporate governance, we have set up ESG Committee as the leading organization, which governs three
special working groups on environmental governance, social responsibility and corporate governance in an effort to build new
green, efficient, low-carbon and sustainable competitive advantages and bring more green economic benefits for the society as awhole.

The Board of Directors is the highest governance body of thecompany and leads corporate business activities in accordancewith relevant regulations and the Articles of Association, Rules
and Procedures of the Board of Directors, in a lawful and efficientmanner. The Board of Directors is composed of five board
members, including two female directors (40%).

Board ofDirectors

The operation team is elected and appointed by the Boardof Directors and is responsible for organizing and performing
operational and management matters approved by the Board of
Directors, formulating and implementing annual business plans,
and facilitating the work of the execution team.

Operation
team

Execution
team

There are 16 functional departments, 3 manufacturing bases and
1 project base under the execution team, which are responsible
for breaking down corporate strategic plan and implementing
business tasks.

President

Vice-president

Vice-president

Board of directors

Decision-making andsupervisionA s t ro n e rg y s t r i c t l y fo l l ows t h erequirements of the Company Law of
the People's Republic of China andother relevant laws and regulations,a n d c o n t i n u o u s l y i m p ro v e s t h ecorporate governance system basedo n t h e re a l i t y. T h e co m pa ny h a s
established the Articles of Associationa n d o t h e r r u l e s a n d re g u l a t i o n s
as company governance structure
consisting of the Board of Directors,
operation team and execution teamto create an internal governanceenvironment for steady corporate
operation. The company has clearlyclarified in the Compensation and
Benefit Management and Performance
Management for compensation andappraisal of executives, which will be
submitted to the Group for filing.

Leadership team of ESG committee

Working group leader & General secretary

Integrated management

Green Sustainable
Management

Special working group environmental governanceSpecial working group - social
responsibility

Special working group - corporate
governance

Environmental emissions

Employee relation

Standard management

Energy utilization

Occupational health

Information disclosure

Climate change

Supply chain management

Stakeholders

Sustainability goals

Community involvement

Anti-corruption & competition......

......

......

Organization Chart of ESG Committee

Vice-president

The decision-making and supervision team is responsible for leading corporate sustainable development, promoting thedevelopment of sustainability systems such as strategic planning, management structures, processes and systems, deliberating
and supervising the implementation of sustainable development issues such as social responsibility, green layout, energy saving
and consumption reduction, and ensuring continuous implementation of sustainable projects. ESG working group is responsible fordeveloping a management plan for each potential ESG risk through regular communication with the board of directors, with key
functions as follows:

Vice-president

Legal management

Financial management

Supply chain
management

Warehouse logistics
management

Plan management

Information
management

Human resource
management

Plant management

Operation
management

Quality management

Technology R&D
management

Manufacturing center

Project baseThailand baseDafeng base

Haining baseProduct technicalservices

Sales management

Integrated services
department, Europe

Market management

Continuously identify and analyze major issues of each corporate ESG aspect and make recommendations on risk control;
Formulate ESG management plans, strategies and overall objectives, develop and implement specific working plans foreach ESG aspect, and report regularly to the ESG leadership team on the achievement of objectives and the status of risk
management;
Prepare annual ESG report of the company and submit it to the leadership team for approval of disclosure;
Communicate with internal and external stakeholders, and promote corporate social responsibility together with relatedparties to enhance competitive sustainability;
Perform other duties as assigned by the leadership team for other ESG related matters.
Governance and Organization Chart of Astronergy

2223

Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

Sunshine Compliance
Operation
I n t e g r i t y a n d c o m p l i a n c e a re t h ecornerstones of corporate sustainability.
If any compliance problem occurs, thecompany will not only face potential
regulatory and legal penalties, but also
lose the trust of business partners andcustomers, which will disrupt normal
corporate operation. The company is wellaware of the importance of compliance.
In accordance with the Group's BusinessC o d e of C o n d u c t of I n t e g r i t y a n dCompliance, it has incorporated therequirements of integrity and complianceinto the entire process of decisionmaking, operation, prevention andsupervision, gradually established thecompliance management system, strictly
adhered to business ethics, prohibited allcommercial bribery, money laundering
and unfair competition, and delivered theconcept of integrity to every employee
a n d b u s i n e s s p a r t n e r. D u r i n g t h ereporting period, the company was not
involved in any legal proceedings related
to corruption or unfair competition.

Anti-corruption
The company is firmly opposed to corruption and takes "zero tolerance" attitude towards any form of corruption whatsoever. By
adhering to the value of integrity and honesty, the company is committed to creating clean and honest working atmosphere andcontinuously improving an anti-corruption work mechanism which is characterized by internal integrity and fairness.

Institutional documents
such as lntegrity,
Compliance and Code ofBusiness Conduct, and theBusiness Partner Code of
Conduct

Anti-corruption
management system

The company strictly complies with relevant laws and regulations at each operation site, monitors each link that may
involve corruption, requires all employees to strictly comply with the anti-corruption system of the company, and advances
Compliance Department to contribute to anti-corruption.

Anti-corruption
organizational system

The Compliance Department is responsible for anti-corruption management, and Corporate Discipline Inspection
Committee participates in the investigation and handling of corruption-related matters of CPC members and actively
cooperates with the Group's disciplinary investigation.

Anti-corruption
systemThe company gradually improves the anti-corruption system based on the Anti-Corruption Regulations, and AntiCommercial Bribery Regulations, Gift Acceptance Regulations, Donation and Sponsorship System, Interest Conflict
Avoidance Regulations, and Regulations on Prior Supervision of Asset Procurement and Disposal Matters into effect.
The company has established a whistle-blowing system to encourage stakeholders to report corruption behaviors.

Anti-corruption
actions andmeasures

The company requires all managers to declare their personal information and investment to avoid potential risk of noncompliance, and arranges job rotations for key positions on a regular basis.
The company regulates and guides employees in gift acceptance and procurement activities.
All employees and business partners are required to sign the Letter of Integrity Commitment.

ldentify and assess
potential risks of violations
and misconduct andaddress them in a timely
mannerCompliance Department
works closely with Legal
Department and Boardof Supervisors, as wellas personnel from otherdepartments

Integrity and Compliance Management System

The company opts for reliable business partners and works in joint efforts to maintain healthy and transparent businessenvironment. We guide our business partners to conduct responsible business in accordance with our internal Business Partner
Management System and Astronergy Business Partner Integrity Code of Conduct. When we sign a contract, a business ethics clause
will be incorporated into the contract to ensure that our suppliers are aware of business ethics and anti-corruption requirements.
In the course of cooperation, we strictly monitor the behaviors of business partners, conduct risk assessments and debarment
investigations, and continuously avoid potential integrity and compliance risks. In case of violations against relevant corporate
integrity rules, we will impose corrective measures to take corruption risks under control; otherwise, the partnership will beterminated.
In terms of employees, the company strictly reviews the information of applicants for high-risk positions before recruitment
according to position nature, and provide regular reviews for the high-risk positions. We attach equal importance to the integrity
practice education, constantly enhance anti-corruption awareness of all employees, build anti-corruption capacity in internal
development, and strive to create a clean and healthy workplace in the company. During the reporting period, the company
conducted 14 anti-corruption training sessions.

Case

Promotion Conference on "Stay True to Integrity in Mind and Action"

Integrity development helps the Group to obtain the honorary title of "China’s Top 100 Private Enterprises in Credit" and "China’s
Top 500 Enterprises in Credit" for 2 consecutive years

2425

Chint New Energy Technology Co.,Ltd. (Astronergy)

Complaints and Reporting
The company has established a public reporting channel, anyone is welcome to report corruption behaviors, and reported clues will
be handled according to Complaint and Reporting Regulations of the company. The system prioritizes whistleblowers' rights andinterests, and will never disclose information about whistleblowers for potential retaliation. Meanwhile, we strictly investigate thecontents of each report, and strictly prohibit malicious complaints.

Complaint reporting channel:
Tel: +86 13806606591
Email: cwm@chint.com
Mailing address: Board of Supervisors of Chint Group, No.1335 Binan Road, Binjiang District, Hangzhou, Zhejiang Province

Public Policy
We have clarified our stance on political contributions in Donation and Sponsorship Policy, which prohibits political contributions
within China. For political donations outside of China where the company operates, we must ensure compliance with local laws,
regulations and prescribed disclosure and communication requirements. During the reporting period, we arranged no political
donation activities at the corporate level.

Paying taxes according to the law

2022 Environmental, Social and Governance (ESG) Report

Customer Rights
Protection
Astronergy provides customers withstandardized services throughout theentire life cycle. We prepare and issue
Customer Satisfaction Questionnaires,tracking statistical feedback in fiveaspects: product quality, sales service
quality, logistics and transportation
service quality, marketing and brandimage. We follow up on statisticalfeedback by project and distribution
channels to identify service weaknesses
and continuously improve service
quality.
I n 2 0 2 2 , t h e P V s u p p l y m a r ke t i smainly influenced by the dual effect of
COVID-19 and the fluctuating prices
of auxiliary materials. Astronergy
managed to maximize customer
supply in this critical situation byscientifically deploying production lines
and transportation capacity, whichhighly recognized and appreciated bycustomers. In general, the satisfaction
scores of project customers are higher
than those of distribution customers.

Based on the practice of customer satisfaction improvement, we upgraded
operational efficiency by establishing a paperless office on the one hand: In
2022, we upgraded the traditional offline paper-based approval and invoicing
method to online systematic operation mode, shortening the average time
for approval from 2-5 days to 1-3 days, of which over 95% of orders wereapproved within one working day, and the timeliness and accuracy of orderconfirmation were greatly improved, with higher customer satisfaction score.
On the other hand, we constantly optimized warning and alarm mechanism.
Externally, in the face of the international logistics disruption due to thepandemic, sales management department, in cooperation with logistics
department, collated and summarized international logistics information
briefings in the form of weekly/monthly reports, provided effective early
warning tips on shipping risks, and communicated with customers on various
potential risks and solutions in a timely manner. Internally, sales management
department followed up on the supply chain and production line in real time,
informed customers of order production progress in a timely manner, andfollowed up and forecasted potential production delays due to rising siliconwafer prices and supply restrictions of raw and auxiliary materials.
In response to the complaints and feedback received during the survey period,
we reflected on potential oversights in the production and operation process,and highlighted the appearance of components and logistics services withgreat concern as the focus of our next step in improvement. The customer
complaint tracking and correction rate reached 100% during the reporting
period.

The tax policy of Chint New Energy Technology Co.,Ltd. (Astronergy) is consistent with corporate strategy and in compliance withbusiness activities and value creation, so as to contribute to social and economic development and achieve corporate sustainability.
UpgradetopicsTax Policy

Content

Pay tax
according to
the law

We comply with relevant tax laws, corporate management systems and operational norms of the countries or regions in which
we operate, pay taxes in a timely manner with full amount in accordance with the law, strongly support national and local
finances, promote community development of the corporate site, and fulfill our social responsibility accordingly.

Fair taxation

We support the fairness and consistency of the tax system in the international community, follow the arm's length principle,
never erode the tax base or shift profits, and establish fair, open and transparent communication channels with the tax
authorities of the countries or regions in which we operate.

Compliancewith evidence

We fulfill the code of business ethics, comply with the law, operate in good faith, support the improvement of tax
transparency, employ true and complete tax-related information as support, and meet the regulatory requirements of tax
authorities.

Controllable
risks

26

We manage and control tax risks by improving effective internal control system and workflow, and make professional
judgment based on adequate communication with tax authorities.

2021
Customer satisfaction score

92.35

Insufficient
supervision ofModuleproduction lines
appearance and negligenceof production
process details.

Logistics
services2022
Customer satisfaction score

92.89

Cause analysis

Due to theoutbreak of
COVID-19, freightrates of global
carriers rose
sharply, manyroutes wereshort of slots andcontainers, andon-time berthratio declined
significantly.

Improvement
Final inspection synchronized withstrict control;
Strengthen training for production
personnel and operate in strict
accordance with workshop
specifications.

Responsible
department
Production
and final
inspection

Early-warning system Synchronized
updates on industry trends to CSR
department and sales force toenable timely response strategies;
Shipment control: Reduce freightrates and secure shipping efficiency
Logistics
by signing long-term contracts,
and salesbidding for larger shipments andmanagementcomparing quotes for smaller
shipments, employing more suppliers
and booking in advance;
Cost control: Combine various
shipping models and strictly control
additional costs.

27

Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

In 2022, Astronergy formulated Customer Complaint and Feedback Management for Quality Problems of Crystalline Silicon
Modules so as to actively respond to customer complaints and feedback on quality problems. The document specified management
requirements and methods for the acceptance, response, customer complaint level and feedback mechanism, cause analysis andproblem improvement, experience summary and dissemination, as well as data archiving and other related matters of productcomplaints and feedback on Astronergy's crystalline silicon modules.
The document specified demarcation of responsibilities across departments during the entire process. According to the nature ofcustomer complaints, the significance and scope of the impact and other factors, customer complaints were divided into three levels:
key customer complaints, major customer complaints, and general customer complaints. Customers' feedback and complaints will beincorporated into the management process in the form of Information Collection Form of Abnormal Feedback from Customers. We
deal with, track and summarize each abnormal feedback from customers through initial matching, classification, internal processing,external processing, closed-loop verification, data archiving, etc.

Customer complaint feedback

Sales/Customer/CSR

CQS/Sales

CQS collects and summarizes specific information
on customer complaints and project background

CQS & Technology

Determine responsible department for customer
complaints
Production
background

CQS

With the detailed explanation of process management and production management personnel, customers visited theintelligent and automated production workshop of Astronergy, and had a direct understanding of the production process.
In terms of product technology, we are one of the first companies
that entered the n-type TOPCon track, and our TOPCon component
development and mass production are leading the industry.
Astronergy demonstrated significant manufacturing advantages tothe customers. This exchange activity was also highly recognized bycustomers, with numerous customers signing contracts with us.
Intelligent manufacturing lights up the city of Jiaxing, Astronergy
empowers the power of green energy. On the way to a brighter future,
Astronergy will promote the clean energy revolution together with allpartners with open mindset and best services, and contribute to theachievement of carbon peaking and carbon neutrality goal.

Customers Visited the Intelligent
Manufacturing Workshop

Technical department takes
the lead in cause analysis andexperimental verification, andissues technical analysis reports

NG

Factory Director and Quality
Control Manager review reports

Technical Manager reviews
reportsNG

Photos from Customer Open Day

CQS summarizes externalreports with proper translation

Sales/Customers

We uphold the management mechanism that is characterized by customer focus and customer demand-oriented principle, and arecommitted to further enhancing customer satisfaction and maximizing business value for our customers in the future.

28

On September 28, 2022, Astronergy hosted a customer open day with the theme of "Together with Optical Energy
and Astronergy", whereby over 40 customers visited Astronergy headquarters to experience the charm of intelligent
manufacturing. In recent years, favorable national policies have created large space for the development of distributed
PV. As an intelligent manufacturing enterprise focusing on PV/solar cell modules under the Chint Group, Astronergy looks
forward to building a win-win partnership with its business partners and jointly promoting the clean energy revolution.

QA department summarizes
8D reports and tracks
the implementation of
improvement measures

Quality check

Responsible
department head

Customers visited Haining headquarters for intelligent manufacturing

Technical
background

Production department takes
the lead in analyzing causes
and providing improvement
measures, and provides interim
countermeasures within 2
working days

Production/Technology

Case

Information Security
Personal data are collected and utilized in the course of corporate operation, and it is our responsibilities and obligations to protect
the privacy of individuals. The company ensures collection and utilization of information in accordance with Personal Data Secrecy
and Protection System, and promises to protect it. Meanwhile, management responsibilities of Data Protection Officer have been
specified to be responsible for performing management and control of data collection and protection duties. Each employee is also
taken individually accountable for protecting personal privacy, and required to sign off Information Security Commitment so as toensure that responsibilities of privacy protection for all employees are clarified and information security protection is taken as aninnate obligation of the company as a whole. We protect the rights of information subjects in accordance with the law. The company
did not receive any complaints related to infringement of customer privacy during the reporting period.

29

Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

Product Development
and Innovation
We u n d e r s t a n d t h a t R & D i s t h e
key to corporate sustainability, andcompetitive leading products decide
whether a company is able to survive
and prosper, whereby leading products
are based on core technology of thecompany. As the R&D base of thecompany, Haining factory boasts an
independent R&D center, a wholeexperimental line of PV/solar cells andPV/solar modules, and the ability todevelop a variety of high-efficiency
cell modules. It has been awarded thetitles of National High-tech Enterprise,
Provincial Enterprise Research Instituteo f Z h e j i a n g P rov i n c e , H i g h - t e c hEnterprise Research and Development
Center of Zhejiang Province, andEnterprise Technology Center of Jiaxing
City. In order to improve corporatei nd ustry sta nd a rd i n t h e fi eld oftechnology development and testingof PV/solar cell modules, the company
invested in a new cell R&D line, module
R & D l i n e a n d P V t e s t i n g c e n t e r,
expanding the technical talent team asa whole and increasing R&D funding
to step up the technical advantage
of product iteration. The annual R&D
investment in the past three years
amounted to about RMB 200 million.

In the five-year plan of New Energy Strategy of the company, we plan tofocus on the development of TOPCon, TBC, HJT and PSC/c-Si stacking
technologies, and classify them in the categories of mass production, mass
production-ready and R&D stage starting from 2022 to improve technicalefficiency year by year, so as to achieve the scientific research goal ofindustry-leading mass production efficiency of TOPCon, promote technicalR&D toward the first tier of the industry, and finally improve product market
competitiveness.

Case

The scientific and technological innovation based on industry-university-research cooperation requires the company to integrate theadvantages of different social divisions of labor such as research, education, association and production in function and resource
advantages, which is the coupling of technological innovations before, during and after the whole process. We take PV technology
as the key point, strengthen technical cooperation with various provincial and municipal key projects of the government, getinvolved in the compilation of a number of technical standards, cooperate with Shanghai Jiao Tong University, Zhejiang University
and other higher education institutions in terms of industrial, educational and research projects, emphasize the industrialization ofscientific and technological achievements, and upgrade the R&D structure. At the end of the reporting period, the company declared
5 provincial and municipal key scientific research projects, obtained 2 provincial R&D platform qualifications, launched 12 provincial
new products and 4 provincial new industrial products, and registered 6 provincial scientific and technological R&D achievements.
We were also involved in the preparation of two national standards, namely, Lightweight Crystalline Silicon Photovoltaic (PV)
Laminated Glass GB/T 37896-2019, Specification of Centralized Operation and Maintenance for Distributed Photovoltaic Power
System GB/T 38946- 2020, 1 international technical industry standard and 4 group standards.

TOPCon Technology innovation and silver
paste thinning

Astronergy's TOPCon cell products are in the category of mass
production, which adopt LP intrinsic Poly+ post-diffusion process
route, with mass production efficiency around 25.1%~25.3%. Bydeveloping quartz tube coating technology, LP double insertion
technology and PE-Poly, we have reduced some manufacturingcost; we optimized the frontal boron SE technology to improve theconversion efficiency of the cell; we have applied laser doping, thinpoly and metallization technology to improve the cell efficiency; andreduced the consumption of silver paste by designing the numberof cell grid lines and wire frames. The R&D team has reserved SE
technology upgrades in the mass production line, enabling processleadership of the products. We have achieved a combined cost
reduction of RMB 20 million per year by introducing thin-film siliconwafers.

High efficiency
boron SE

Screen optimization and
MMB design to reduce
silver unit consumption

Ultra-thin tunnelingthrough oxidation

30

Industry-University-Research Cooperation

Students from Zhejiang University participated in a solar cell module social practiceHydrogen passivation
technology

Low loss laser
technology

Doped polycrystalline
silicon technology

Intellectual Property
Nowadays, with the rapid development of science technology, protecting intellectual property is the key to success. A well-foundedpatent management system can expand relevant financial value, highlight intangible brand value, and avoid infringement disputes.
We manage the entire life cycle of intellectual property rights, including index development, application, maintenance, utilization,
intellectual property information management, patent evaluation and risk control, intellectual property dispute handling, andpatent remuneration and assessment, based on five internal policies, such as Knowledge Management, Patent Management, andIntellectual Property Information Management. By the end of 2022, the company has obtained a total of 287 patents, including 214
utility model patent, 69 authorized inventions (including 3 foreign authorized inventions) and 4 design patents.

31

Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

Digital Transformation
In order to promote corporate agility and efficiency in terms of management, production and service, we have built a digitalsystem to facilitate the digital transformation of business at the operation and sales level, and promote the interconnection
and comprehensive integration of information systems by addressing data silos or unconnectedness at the operation level andintegrating multiple resources. The purpose is to explore the new value of intelligent organization, management and service:

Operation end

Manufacturing end

Sales end

The company analyzes statusquo of specific businessprocesses, combing andreengineering weakerprocesses and improving
expansion capabilities
based on organization andperformance guarantee;

The company undergoes digitaltransformation of processes,
narrowing production wiring
cycles and saving labor costs,
avoiding potential work safety
risks, contributing to refined
production and better productaccuracy;

The company streamlines the decisionmaking chain, improves efficiency andquality of sales decisions, standardizes
global sales operations, which helps
lay the foundation for comprehensive
digital transformation through atransparent sales data platform (CRM
management system).

Case

Automated Guided Vehicle (AVG) trolley

The AGVs deployed in C3 workshop of Haining manufacturing base consists of 3 dispensers, 31 cachers, 1 logistics
packaging line and 176 AGV trolleys, including 4 double-layer cassette AGV trolleys, 159 double-layer flower basket AGV
trolleys and 13 test cassette AGV trolleys. After four months of testing, the overall AVG load factor has been stable atabout 98.0%, which can meet the operational requirements of production line, and the whole project can save about RMB
22.27 million in labor costs annually.

Product Quality
ControlA s o n e o f t h e e a r l i e r m a n u fa c t u r i n genterprises in PV field, Astronergy has
a l ways a t t a c h e d g re a t i m p o r t a n ce tothe building of corporate quality culture,continuously innovating and improving
material, behavior, system and corporate
spirits related to quality, and fully integrating
quality management into the strategic
development plan of the company. Basedon 10 quality management systems,
including internal Quality Manual, Quality
and Safety Risk Investigation and HandlingManagement and Nonconforming ProductManagement, we have set the standards
for external performance of products andservice s, promoted and educated our
employees about quality management andother cultural highlights, streamlined andstrengthened the quality audit and control
process, and enhanced group awarenessas well. At the end of the reporting period,
all the manufacturing bases in Haining,
Yancheng, Jiuquan and Thailand obtained
ISO 9001:2015 quality management system
certification; the Haining base and Yanchengbase also passed IEC 62941:2019, the only
quality system management standard in the
PV industry.

ISO 9001: 2015 Standard
Certificate (Thailand Base)32

ISO 9001: 2015 Standard
Certificate (Master
Certificate of Astronergy)

ISO 9001: 2015 Standard
Certificate (Sub-certificate
of Haining Chint Solar)

ISO 9001: 2015 Standard
Certificate (Jiuquan Base)

ISO 9001: 2015 Standard
Certificate (Sub-Certificate of
Yancheng Chint New Energy)

IEC 62941: 2019 Standard
Certificate (Astronergy)

IEC 629412019 Standard
Certificate (Yancheng Chint
New Energy)

33

Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

Product quality is the key to a manufacturing enterprise. Astronergy's quality management department regularly performs internal
audits on products from major bases, defines assessment standards in terms of module yield rate, cell efficiency, cell yield rate,
loss of RMB 10,000 yuan, primary inspection pass rate, quality and safety, customer satisfaction, etc., and prepares and publishes
performance audit forms as deemed appropriate. In terms of product quality improvement, we apply artificial intelligence inspection
technology by developing PV/solar module algorithms, integrating product yield determination signals while analyzing data in sync,
and forwarding the preliminary sorted No Good (NG) images for centralized determination.

Case

Product quality improvement - AI intelligent detection technology for modules
appearance

Manpower comparison before
and after roll-out

As a partner sharing social responsibilities, Astronergy insists on working closely with suppliers, strives to improve social
responsibility performance across the industry chain, and promotes sustainable development of business and supply chain. We
require all suppliers to strictly comply with the laws, regulations and industry standards of local countries and regions, and havedeveloped corporate standards such as Supplier Management and Supply Chain Social Responsibility Management System tospecify the management requirements and methods for social responsibility in the process of supplier development, introduction,
evaluation and elimination.

Supplier management flow chart

Supply-side
development

Defect detection rate

Sustainable Supply Chain

Manual Inspection

AI

Before roll-out

Demanddepartment

Supply chain
management

Making request

Sourcing
development

Technology R&D
management /manufacturing center

Quality
management

Plant
management

Financialmanagement

Material review

Material review

Material review

Material review

On-site review

On-site review

Vice president inchargeCollecting
materials

After roll-out
Material review

Quality improvement performance advantages include:
Comprehensive
assessment

AI defect detection ratio is 5.4% higher than manual inspection, effectively intercepting defective modules in the front
channel and reducing cost;Y

The company has developed one-person multi-machine system, saving 18 headcounts, and applied paperless rework,
contributing to cost reduction of RMB 1.8 million annually. With further factory expansions in the future, labor costs
can be further reduced as well.

Supplier
introduction

Mandatory automatic NG of defective modules is applied in the final inspection, effectively intercepting over 1,000
defecting pieces annually, and reducing potential customer complaints due to exposure of defective modules;

Businessnegotiation

Sample testingOn-site review

On-site review

Review rating

After product delivery, we have prepared installation manuals for single and double-glass/dual-glass modules respectively according
to different types of PV/solar modules, standardizing operation procedures for installation, maintenance and electrical connectionof the products and providing detailed instructions for utilization as well as safety precautions. In addition, irregular exhibitions,customer communication, customer technical training and other activities have been arranged to build in-depth trust and long-term
relationships with customers while eliminating potential concerns at the same time.

Y
Y

Small-, medium-,large-scale trial
production

Y

Supply-side
approval

Initiate
certification
Initiate thereview process

Y

Review

Review

Approval

Review

Review

Review

Review

Appraisal &supervision

Create supplierprofileAppraisal &supervisionEnd

Astronergy introduces products to customers at the International Solar Utilization Conference34

35

Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

During the supplier sourcing and introduction phase, we investigate the social responsibility background of suppliers in accordancewith the Supply Chain Social Responsibility Due Diligence Form, and make the best of platforms such as Tianyancha.com and the
National Enterprise Credit Information Publicity System to investigate potential business risks, judicial risks, and any violations oflaws and regulations of relevant suppliers. In terms of supplier qualification, material suppliers are required to provide Restrictionof Hazardous Substances Directive (RoHS), Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH), Material
Safety Data Sheet (MSDS), and other environmental and safety qualification references. In terms of supplier selection, local suppliers
are preferred under equal conditions for regional advantages.
Non-conforming products are handled according to Non-conforming Product Management and feedback was forwarded to relevant
suppliers for rectification. Supplier management department formulates audit plans for qualified suppliers for the next year at theend of the previous year, and implements audit plans accordingly. Social responsibility items are incorporated into the audit plan,
whereby suppliers are required to rectify the non-conformity in time, and assistance is available if needed. Supplier performanceappraisal is conducted on a quarterly and annual/project basis as deemed appropriate. CSR red line has been set and any violationin this regard will result in elimination procedure.

Outstanding
suppliers, good
suppliers

Generalsuppliers

Eliminatesuppliers

Favorable
procurement
policyTargeted
assistance toimprove suppliers'
performance

Result inelimination
process

In 2022, Astronergy applied strict control and took multiple measures to strengthen supplier management from three aspects:
online review, multiple supervision and field inspection. The quality department is responsible for daily control of incoming materials
and feedback on abnormalities. During the reporting period, 12 new suppliers were contracted after conducting social impact
due diligence without exception, and all of them were screened through environmental evaluation dimensions to comply withaccess threshold. During the reporting period, environmental impact assessments were conducted on 17 companies, of which 10
were found to have significant impact or potential negative impact, and all of them agreed to take rectification actions thereafter.
Astronergy is willing to grow with suppliers and moving forward to meet sustainable development with joint efforts. Given its
outstanding green supply chain management experience, the company was recognized as one of the third best practice batch ofgreen supply chain management by the Ministry of Industry and Information Technology, and enlisted as one of the 6 Green Supply
Chain Model Enterprises, together with P&G China and Danone.
The company follows the highest standards of business ethics and strives for fairness, integrity and sustainability in its businessactivities, as well as supplier management. After reaching cooperation intentions with the supplier, we will ask the supplier to sign
off Supplier Code of Conduct together with the Procurement Framework Contract. These requirements focus on corporate social
responsibility from multiple perspectives.

36

Guideline provision

Major commitments

Child labour

The suppliers shall comply with the laws and regulations regarding the minimum working age.

Compensation

The suppliers shall pay wages and provide benefits for all employees in a fair manner as required by applicablelaw.

Equal and fair treatment

All employees shall be treated with respect and dignity.

Anti-discrimination principles

Working terms shall be determined based on the individual's ability instead of personal traits or beliefs.

Legal immigration.

The suppliers shall only employ employees who are legally eligible.

Freedom of trade union

The suppliers shall respect the right of employees to form and join trade unions and industrial organizations
and to negotiate in a collective, peaceful and lawful manner in accordance with the law.

Health and safety

The suppliers shall comply with all laws relating to health and safety in the workplace and provide training for
employees on the safe operation.

Voluntary employment

The suppliers shall employ employees on a voluntary basis. No prison labor or slave labor shall be employed.
And no forced labor of any form shall be imposed on employees that might result in physical harm.

Working hour

The suppliers shall comply with all applicable laws relating to regular working hours, overtime hours andbenefits.

Environment

The suppliers shall comply with relevant environmental laws.

Business ethics

The suppliers shall operate in accordance with the supplier management system, procurement system andfinancial system formulated by the company, and shall not foster financial relationships that are not regarded
as business with the company.

Management system

The suppliers shall develop and continuously improve a specific management system to ensure compliancewith relevant laws and regulations and the requirements of this Code.

Conflict minerals

The suppliers shall not procure or use conflict minerals, and sub-contracted suppliers shall abide by this rule as
well.

Compliance

The suppliers shall comply with regulatory requirements and industry standards under all applicable laws and,to the extent permitted by law, maintain documented records of compliance in this regard.

In addition, the framework contract comes with Confidentiality Agreement, Supplier Integrity Undertaking, Safety Supply
Commitment and Environmental Protection Prohibited Substances Commitment. We are committed to meeting consumer
expectations and needs, selecting sustainable raw materials and suppliers, and minimizing the negative impact on the environment
by providing environment-friendly products for a better future of all mankind.

37

Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) ReportSocial Responsibility
Practice and Exploration
In the past 39 years since its
established, Chint Group, the parent
company of Astronergy, has been
upholding and deeply practicing thebusiness philosophy of "Value Sharing",
actively leading green and sustainablede velopment , comprehensively
promoting rural revitalization, andpracticing common prosperity of highquality development. These efforts help
the company build an ever improvingc o r p o ra t e s o c i a l r e s p o n s i b i l i t ymanagement system. Astronergy,
focusing on the PV manufacturing ofChint Group, has been making the bestof its industrial advantages to innovatethe "photovoltaic+" model, launchingecological projects such as desert
photovoltaic, agricultural photovoltaic,
and sea-coat transformation/fisherysolar hybrid complementary projects
based on the local conditions,
integrated ecological concepts ofsand control, forest protection, slope
protection, and water control, so as toensure win-win for both ecological andeconomic benefits.

Project name

Average annual
power generation

Savingstandard coal

Reducing carbon
emissions

550MW fishery-solar hybrid
photovoltaic power generation
project at Wenzhou Development
Zone

650 million kWh

235,000 tons

648,000 tons

150MW "agriculture and lightcomplementary" power station
project covering 4,500 mu of
mudflat saline land at Yueqing

180 million kWh

52,000 tons

134,000 tons

After the group's crystalline silicon division transformed into an independentcompany, Astronergy continues to implement the carbon peak and carbon
neutrality strategy, adheres to the development of smart energy, assists in thebuilding of a green and low-carbon society, and helps to enrich people's life with
PV and boost farmers' income. In addition, Astronergy actively takes the publicwelfare vision of the Chint Group by the means of learning from domestic andinternational governance concepts in environmental protection, green and lowcarbon, conflict minerals, biodiversity, etc., and fulfilling its social responsibility
without hesitation.

Green Low-carbon Products andCircular Economy
Against the backdrop of the carbon peak and carbon neutrality strategy, by
performing product life cycle assessment (LCA), we have advanced the review of
emerging green standards at home and abroad, and evaluated the environmental
impact of products and their value chains from the procurement of raw andauxiliary materials, production, utilization, to disposal and recycling at the end.
The purpose is to evaluate relevant factors in a more objective way, and compare
the environmental impact of products and related costs, paving the road for green
improvement. In the overseas market, a total of 8 modules, including CHSM72MHC(M6) and CHSM72M-HC(M10), have obtained French Product Carbon
Footprint Certification; in the domestic market, we have obtained the first Solar
PV/solar Module Carbon Footprint Certificate of the industry and Carbon Labeling
Certificate.
The end-of-life panels of PV products contain heavy metals such as lead andtin, which can cause serious pollution and environmental problems if improperly
disposed, while other materials such as copper, silver and silicon have recycling
value and can be reused in PV products, saving rare resources and promoting
economic value cycles. We have signed an agreement with PV Cycle organizationin Europe, so that end-of-life PV/solar modules will be professionally processedby hundreds of recycling organizations distributed in Europe, including Italy,
France, Germany, UK, Poland and Spain, providing customers with comprehensive
collection and recycling services, and we will continue to extend our outreach for

Product Carbon Footprint
Certificate

Product Carbon Labeling Certificate

PV Cycle Agreement

Disputed Procurement
Silicon is mainly used to make high-purity semiconductors, optical fiber communication materials, etc. and is widely applied inelectrical & electronics, energy, chemical and other sectors. Due to the high technology threshold, huge investment in productionlines, high development demand and geographical location of origin across the industry, silicon procurement boasts strategic
significance. As a material category accounting for nearly 60% of total procurement volume, we have adopted vertical procurement
management, and strategic material procurement department is responsible for the procurement of silicon materials in the supply
chain of Astronergy, ensuring traceability to to be a Tier 1 supplier. We take legal and regulatory requirements of the project location
as the red line of corporate supply chain management according to standardized frames, including Procurement Framework
Contract. In addition, in order to cope with overall material related risks including international silicon stock and volatile procurement
situations, we have developed a strategic procurement plan in the first place, and invested in two silicon material manufacturers aswell to enhance the mechanism of internal circulation of high-quality silicon materials.

Responsibilities of Strategic Material Procurement Department
Complete process
management

Supplier selection, evaluation, negotiation, data maintenance, and collaboration with core strategic suppliers

Value chain research

Research and analysis of upstream and downstream supply markets for strategic materials such as silicon wafers, cells,
silicon materials, etc.

Indicators and innovation

Innovation of procurement strategy and model; responsible for guaranteed silicon material supply and delivery cycle,
cost, quality, payment terms and other key indicators

Precise supply chain

Establish a green and transparent supply chain

Refined procurement

Refined procurement and outsourcing of modules

Biodiversity
The company and all its operation sites are not located in or adjacent to environmental sensitive areas, the environmental impact
during production and operation is well under control, and the impact on biodiversity is negligible.

better recycling development in the future.

38

39

Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

ClimateChange &Environmental
Friendliness
As an important part of the natural environment for human beings, climatechange, even in the smallest scale, can have comprehensive, multi-dimension andmulti-level impact on natural ecosystems as well as socio-economic systems. The
Paris Agreement represents a critical milestone in international collaboration, andmainstream consensus on green low-carbon development has been achieved
globally. Astronergy practices the new development concept, implements active
climate change response strategies, reduces pollution and carbon emission,
improves its efficiency, enhances the control of greenhouse gas emissions,puts forward the concept of "PV+" new energy, and firmly follows the road ofsustainable development.

40

Response to Climate Change

42

Energy Resource Management

44

Water Resource Management

47

Pollution Governance49

41

Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

Response to
Climate Change
Astronergy has actively engaged inaddressing climate change. At theearly planning stage, we have taken
GHG emis sion data as the basis,
referred to international and domestic
standards such as Specification With
Guidance At the Organization Level
for Quantification and Repor tingof Greenhouse Gas Emissions andRemovals(ISO14064-1:2018), General
Guideline of the Greenhouse Gas
Emissions Accounting and Reportingfor Industrial Enterprise s (GB/T 3 2 1 5 0 - 2 0 1 5 ) , G re e n h o u s e G a s
Protocol of World Business Council for
Sustainable Development (WBCSD) ,etc., and developed GHG Emission
Source Identification, Data Collection
and Quality Management System tostandardize the requirements andmethods of GHG emis sions, datacollec tion, calculation and repor t
preparation of the company.

Case

Warehouse forklift (powered by electricity instead of diesel)

The project converted the power of forklifts from traditional diesel to electricity, involving a total of 8 x 5-ton electric
forklifts and 37 x 3.5-ton electric forklifts, which help increase the proportion of clean energy.

The company has clarified the responsibilities of GHG emissions management, andEHS management department shall coordinate the establishment, maintenanceand report preparation of GHG emission inventory, continuously promote thequantification and reporting of GHG emission, while other related departments
shall assist EHS department in data collection, and attend relevant training on
GHG emission sessions, so as to enhance the overall awareness of GHG-related
issues across the company.
Astronergy's internal greenhouse management system involves technical aspects
such as emission boundary, base year, emission source identification, selection ofquantification method, active data collection, calculation of emission factors andvolume, inventory establishment, uncertainty assessment, etc., on the basis ofcorporate production and operation characteristics for setting indicator standards.
The company has picked 2021 as the base year to incorporate the quantification
methods of stationary combustion sources, mobile combustion sources andfugitive emissions related to the company in Scope 1 direct GHG emissions into
the system, so as to unify the data collection caliber and guarantee data quality
from the very start. In addition, by reviewing safety classification, environmental
friendliness and control of common refrigerants in production activities, we intend
to adopt safe and environment-friendly refrigerants to meet production needs,
reduce emission intensity, and take more corporate social responsibility against
climate change.
In 2022, the company purchased 15.22 million KWH of green electricity, providing
5.97MW of electricity generated from current PV installations for rooftops
installed in 2016. During the reporting period, the total amount of GHG emission
was 373487.64 tons of carbon dioxide equivalent in scope I and II as shown in thefollowing table:

Category

Unit

2021

2022

Scope ItCO2e16079.4343809.03

Scope IItCO2e204518.60

329678.61

Scope I + II Emission intensity 3(Based on corporate module
capacity)

tCO2e/MW

42.12

30.49

Case

From container trucks to barges

The company employed barges to replace container trucks, whereby a total of 1,825 containers were transported bybarges instead of trucks, reducing the travelling duration of container trucks and improving the efficiency of energy
consumption.

3 Note: The above data is quantified by Astronergy itself and has not been verified by a third

party. Organizational boundary includes Chint New Energy Technology Co.,Ltd. (Astronergy)
and Chint Solar (Haining) Co., Ltd. at Haining base, Yancheng manufacturing base, Jiuquanmanufacturing base and Thailand manufacturing base.

42

43

Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

Energy Resource
Management

By unbundling performance tasks, domestic bases set a target of a 3% reduction in combined energy consumption over 2021. In
2022, all bases managed to reach this goal. At the end of the reporting period, we implemented a total of 8 energy saving andemission reduction projects, with an estimated cost reduction of RMB 1,227,200, an investment of RMB 1,450,000, and an actual
cost reduction of RMB 449,500.

Astronergy maintains the momentum toactively promote energy conservationand emission reduction. The company
is committed to improving energy
consumption, continuously improving
energy efficiency, identifying andimplementing energy-saving projects,
and optimizing energy consumption.
At the end of the reporting period,
Haining and Yancheng bases haveboth passed ISO 50001: 2018 Energy
Management System Certification.
ISO 50001: 2018 Standard
Certificate (Astronergy)

ISO 50001: 2018 Standard
Certificate (Yancheng Chint
New Energy)

According to internal management documents such as Energy Management
Measures, Energy Metering Management Objectives and Energy Metering
Management System, we have set up an energy-saving leading group to promote
and implement national guidelines, policies, laws and regulations on energy,
preside over the formulation of corporate energy-saving policy, energy-saving
development plan and energy-saving targets, address and solve major problems
in relevant departments, and arrange and coordinate energy-saving tasks
accordingly. According to statistics, the energy data 4 of the company in recent
three years are as follows:

Type of Energy
Gasoline

DieselGas
Solar power
Electricity
consumption
Total
Energy intensity

Unit

2020

2021

2022

L

179412

23181

31028

KJ

618983820

799756230

1070478420

L

10004897283

101193KJ

3301590600

3210359460

3339380550

m3149185351162287515KJ

5325904500

12536483400

10264285500

KJ

18283347360

18365085360

19511551440

KWH

287456688

351178833

456245282

KJ

1034844077160

1264243799520

1642483015920

KJ

1025807208720

1262425313250

1637645608950

KJ/MW

278487849

241024355

133705657

Tons of standard coal/MW

0.95

0.82

0.46

Project nameItem description

Expected result

Replacement of atomization sheet foratomization plate of ultrasonic humidifier
at Module Workshop I & II

In order to avoid rust stains within humidifier pipes,
atomization plate has been replaced by atomization sheet.

It is expected to save RMB 17,700
every year.

Discontinued use of PAC agents at thewastewater station of the old factory

PAC coagulant was originally used to refine and crush sludge
and complete the settling treatment process. According tocorporate production characteristics, PAC agent has been
discontinued in use and PAM is employed for the same
treatment effect.

It is expected to save RMB 171,300
every year.

Hydrogen peroxide remover replacing
sodium bisulfite at wastewater station ofWorkshop III

Promote the use of hydrogen peroxide remover at Workshop
III to replace sodium bisulfite.

It is expected to save RMB 396,600
every year.

Sensor switches and travel switches
added to lighting at power room

Sensor switches and travel switches have been added on
power equipment rooms and distribution rooms of thefactory so that the lights can be turned off when rooms arevacant for less power consumption.

The total reduction amounted to71,280 kWh of electricity, i.e. RMB
48,200 for the whole year.

Case

Greenhouse gas emission reduction

The waste heat ofrefrigerators andair compressors is
utilized to reducethe consumption ofnatural gas for hot

water heating of air

conditioning, reducing
the use of natural gas

by about 6,480,000m³
every year.

4 Note: Thermal value of tons of standard coal is taken as 2.9270*107 KJ. Green electricity has been deducted from electricity consumption.

Organizational boundary includes Chint New Energy Technology Co.,Ltd. (Astronergy) and Chint Solar (Haining) Co., Ltd. at Haining manufacturingbase, Yancheng manufacturing base, Jiuquan manufacturing base and Tailand manufacturing base.

44

45

Chint New Energy Technology Co.,Ltd. (Astronergy)

Material Recycle
PV/solar modules, cells and other products boast the feature of high precision, so the waste generated during the production
process is not worth recycling within the site, but handed over to professional recyclers for disposal and utilization like end-oflife products. General wastes generated from industrial operations, such as packaging trimmings, used cardboard, foam, etc., aresorted by the generating department according to four documents, including internal Waste Disposal Application Form and Waste
Material Recycling Form, transferred to the temporary storage room for waste materials, and outsourced for disposal after reachingcertain quantity. In addition, we have developed depreciation programs within the site based on usage patterns for specific obsoletematerials, such as sintering belt depreciation for oven belts, test probe depreciation, pallet recycling, etc.

Case

Test probe sharpening

The average service life of cell test sorting probes isabout 25 days, and they have to be replaced when below
metrology dynamic test standards in order to ensure
constant accuracy. Although the replaced probes cannot
meet the cell test sorting requirements, they can still be
used in the el (offline electroluminescence tester) testing,since the offline el tester imposes no requirements onelectrical performance, but imaging only. A total of around
100 kg was recovered in 2022, saving over RMB 250,000
at market value.

Case

Recycling of wooden pallets, iron pallets and project pallets

Logistics within and between production factories require a large number of pallets, and the cumulative production costsavings from the PC pallet recycling project in 2022 exceeded RMB 4 million. In addition, we have gradually replaced
wooden pallets that are prone to wear and tear with iron pallets or glass pallets to ensure longer service duration.
The combined savings of procurement costs and wear and tear costs contributed to cost reduction and sustainable
development of the project as a whole.

462022 Environmental, Social and Governance (ESG) Report

Water Resource
Management
Water is the primary re source tomaintain ecological environmental
sustainability on the Earth. It is also
the essential element in stabilizing
the ecological environment. Although
China is a vast country, water resources
are unevenly distributed from northto south, and the weight of strategic
economic resources varies greatly
across the regions. We believe thats c i e n t i f i c m a n a g e m e n t o f wa t e r
resources plays a decisive role insustainable development. Whether it
is a factory in the Yangtze River Delta
region with abundant water resources
or in the arid northwest, water shallbe utilized efficiently for better water
resource planning and management,so that a 3% reduction can be achievedin overall energy consumption per
product unit.
Astronergy's water resource is mainly
from municipal water supply, andwater is mainly consumed in cell
production, cleaning and domestic use.
We have developed corresponding
water management standards at eachmanufacturing base to avoid water
waste during production and private
life. In addition, we have improved
water re source s management
mechanisms and management
methods by improving processes,
realizing new initiatives and performing
water-saving engineering alterations.
During the reporting period, the total
amount of municipal water withdrawal
was 1,852,559 tons.

Category

2020

2021

2022

Total water withdrawal (tons)

2217938

20158221852559

Total water discharge (tons)

1797297

15139881476211

Total water consumption (tons)

420641501834376348

Sodium bisulfite dosing water at wastewater station has been changed todefluoridation diazoic tank water: The water used for sodium bisulfite dosing
at the wastewater station is about 15 tons a day, and the use of the fluoride
removal secondary sedimentation tank effluent can save about 450 tons of tap
water per month;
Recycling pure water backwash water for make-up water at the cooling
tower: The pure water ultrafiltration backwashing water in the C2 and M2
workshops of Haining Base is recycled as cooling tower make-up water.
Through testing, the water conductivity of ultrafiltration backwashing water
is lower than that of tap water, which can be used for cooling tower make-up
water. After the transformation, 300 tons of water can be saved every day.
Re-concentration and reuse system of concentrated water: The ROR process
is a re-concentration and reuse system of the primary RO concentrated water.
ROR water goes directly to the ultrafiltration tank of the pure water station forrecycling, and the concentrated water of ROR is discharged. In 2022, the ROR
system recycled a total of about 216,000 m3 of water.

Case

Re-concentration and reuse system ofconcentrated water47

Chint New Energy Technology Co.,Ltd. (Astronergy)Case2022 Environmental, Social and Governance (ESG) Report

Recycling and reuse of discharged water from water quality testing circulation pond at
the water purification station

Discharged water from water quality testing circulation pond at the water purification station goes directly into the gutter.
After transformation, discharged water will go back to the primary tank for reuse
Before:After:

Discharged
water from thecirculation pond
is wasted andgoes directly to
the gutter

Discharged water fromall circulation ponds
on site (9 constantpressure with normal
flow, 14 drainage during
operation and provide
low pressure drainage
when not in operation)
will be diverted to thetank of the primarysystem for recycling
through a gas pipe

Besides process water conservation, we also perform regular pipeline inspections and assessment of water supply loads to ensure
the functional water supply system. Water conservation awareness training is arranged for employees regularly, including water
conservation methods, water conservation techniques, and regulations studies, etc. Employees are encouraged to put forward
constructive suggestions and are rewarded timely to enhance overall water conservation awareness. During the reporting period,
there is no water resource violation case at Astronergy.

Case

Water conservation awareness training and regulation studies

Pollution
GovernanceWith the rapid economic developmentof e n te r p r i s e s , a l a rg e a m o u n tof resources will be consumed. If
various production and construction
activities are not properly controlled,
pollution emissions will cause serious
environmental problems. We take"e n v i r o n m e n t a l p r o t e c t i o n a n denergy conservation" as our pollution
control policy, and devote ourselves
to environmental protection, energy
conservation and consumption
reduc tion in the whole life cycle,
and advocate a green produc tionmode of harmonious coexistencewith nature. We regulate the sewages y s t e m a n d p ro m o t e i n t e g ra t e dd e ve l o p m e n t o f p ro d u c t i o n a n dresources & environment based on
EHS Management Manual and internal
environmental management system of
Astronergy. At the end of the reporting
period, the manufac turing base sin Haining, Yancheng, Jiuquan and
Thailand all passed ISO 14001:2015
Environmental Management System
Certification.

ISO 14001:2015 Standard
Certificate (Master
Certificate of Astronergy)

ISO 14001:2015 Standard
Certificate (Sub-Certificate of
Yancheng Chint New Energy)

ISO 14001: 2015 Standard
Certificate (Jiuquan Base)

ISO 14001: 2015 Standard
Certificate (Thailand Base)

Since different production lines boast different production processes, consume
different raw and auxiliary materials, and employ different sewage methods,
we have set up EHS management committee by factory area, and the teamleader is responsible for the planning, arrangement and inspection of all kindsof environmental protection, promoting the establishment of environmental
protection system and improving management level, while team members are
responsible for implementing environmental protection projects. All operatingbases carry out relevant projects in compliance with local requirements, and there
was no environmental violation case during the reporting period.

48

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Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

Solid Waste

Wastewater

General waste generated from the factory is mainly cartons, pallets, plastic products and other general packaging, while hazardous
waste includes waste mineral oil, chemical contamination, chemical waste, etc. We have standardized the classification, collection,
temporary storage, transport, disposal and ledger management of various wastes according to the internal Waste Management
System, and clarified the responsibilities of collaborating departments such as supply chain management, warehousing and logistics,
administrative outreach, etc., and improved the inspection, promotion and training efforts to ensure proper sorting, labeling andrecording of various types of waste in line with national regulations.

We have defined the responsibilities of each relevant department according to the internal Management System for Prevention
and Control of Water Pollution, standardized the management contents and methods of water pollution identification, control,
monitoring and abnormal disposal, invited third-party companies for regular monitoring and evaluation to ensure environmental
compliance of each pollution-producing node. The high concentration industrial wastewater produced during the process of
texturing, etching, acid washing, etc. is discharged into self-built industrial wastewater treatment facilities at the factory, with thehelp of processes such as defluoridation and denitrification as well as the addition of chemicals to meet the municipal wastewater
acceptance standards. The characteristic pollutants, discharge requirements, and monitoring data contained in the effluent from theHaining manufacturing base in 2022 are listed below:

Waste 5

2020

2021

2022

Total waste (tons)

13576.69

13970.75

13745.87

Hazardous waste (tons)

158.52

73.66

81.90

Non-hazardous waste (tons)

13418.17

13897.09

13663.97

Waste classification

Waste generation units

General waste

Hazardous waste

Generating department is
responsible for sorting andtransporting to general waste yard

Generating department is responsible for
sorting and transporting to temporarystorage areas for hazardous waste

Responsible department contacts
the disposal unit for final disposal

Contact EHS department to transfer to thehazardous waste yard

Meet stacking requirements

Discharge
outlet number

DW001(Totaldischarge
outlet)Types of pollutants

Monitoring
facilities

Permitted
concentration(mg/L)

Concentration test results
Quantity of effective(Daily average, mg/L)
monitoring data
(Daily average)
Minimum value Maximum value Average value

Chemical oxygen
demandAutomatic

150.00

1

10.00

30.00

20.00

pH

Automatic

6~9

1

6.50

8.50

7.30

Biochemical oxygen
demand for 5 days

Manual150.00

1

3.00

10.00

7.00

Suspended solids

Manual140.00

1

8.00

22.00

14.00

Total phosphorus

Manual

2.00

1

0.21

1.15

0.43

Ammonia nitrogen

Automatic

30.00

1

0.10

19.20

1.85

On-site management of hazardous waste
yard

Yes

InboundNo
Return to production department

Treatment of hazardous waste plant

Waste management flow chart

5 Note: Hazardous waste is disposed through incineration with no energy recycling; after off-site sorting of non-hazardous waste, those without

On-site sewage treatment station at Haining baserecycling value is disposed through incineration, while those worth recycling is arranged accordingly

50

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Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

Exhaust Gas
If various kinds of organized and unorganized exhaust gases produced during industrial processes are not managed properly, they
can spread with the airflow and cause great harm to the environment and human health. In accordance with the requirements ofManagement System for Prevention and Control of Atmospheric Pollution, relevant laws and regulations, and internal Management
System for Prevention and Control of Atmospheric Pollution, we have deployed various types of air collection hoods, spray towers,
activated carbon and other disposal devices to ensure proper disposal of exhaust gases. EHS department updates the list of air
pollution sources once a year and performs regular compliance assessments of pollution sources to minimize pollutant emissions
and environmental impact. During the reporting period, the atmospheric monitoring data of Haining base and EIA emission
requirements are as follows:

Exhaust gas type

Organized
emission

52

PollutantTotal accounting (t/a)

Total non-methanehydrocarbon

Total environment impact
assessment (t/a)

2.97

12.95

NOx

25.31

29.68

Fluorides

0.09

0.25

CL2

0.16

0.20

NH3

0.19

9.33

Particulate matter

0.23

0.54

SO2

0

2.84

Exhaust gas treatment facility at Haining base53

Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

CareerDevelopment
and Social Good
Astronergy always adheres to people-oriented principle and is committed tobuilding a harmonious, inclusive and better society. We fully protect the rights
and interests of employees, create safe working environment, and provide
employees with broad career development opportunities. Meanwhile, we are
actively engaged in public welfare activities to promote the development of local
communities and serve the society with concrete actions.

54

Safeguard the Rights and Interests of Employees

56

Safeguard H&S

59

Support Employees’ Development

63

Commitment to Social Welfare

67

55

Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

Safeguard the Rights andInterests of Employees
Protecting the rights and interestsof e m p l oye e s i s n ot o n l y a l e g a lrequirement, but also the basis formaintaining good labor-management
relations, conducive to long-terms u s t a i n a b l e d e ve l o p m e n t o f t h ecompany. Astronergy fully respects
the legitimate rights and interests of
employees, follows the employment
principles of fairness, justice andopenness, develops a marketco m p e t i t i ve s a l a r y a n d we l fa resystem, and opens up democratic
communication channels to create
an equal, diversified and harmonious
workplace.

Category

2020

2021

2022

Total employees

1996

2804

4157

Male employees

1385

2092

2825

Female employees

611

712

1332

Employees aged under 30

1024

1308

1910

Employees aged between 30 to 50

967

1485

2224

Employees aged above 50

5

11

23

Han employees

1615

2583

3466

Ethnic minority employees 6

381

221

691

Senior management staff

2

2

11

Middle management staff

4

7

27

General managers

79

123

218

General staff

1911

2672

3901

Year

2020

2021

2022

Percentage of employees trainedin human rights policies orprocedures in China

8.28%

7.53%

18.87%

Percentage of employees trainedin human rights policies orprocedures overseas

9.90%

12.15%

9.85%

Total percentage of employees
trained in human rights policies orprocedures

8.37%

7.70%

18.43%

SA8000: 2014 Social
Accountability Standard Certificate

Equal Employment
We respect and protect human rights, strictly abide by the Labor Law of thePeople's Republic of China, the Labor Contract Law of the People's Republicof China and other local labor laws and regulations where the company
operates, adhere to the principles of fairness and equality, fight against
discrimination against employees on the basis of nationality, gender, age,
ethnicity, religious beliefs, etc. Manufacturing bases and sales companies athome and abroad all acknowledge and maintain internationally recognizedhuman rights. Meanwhile, we have formulated Social Responsibility Policy of
Chint New Energy Technology Co.,Ltd. (Astronergy) Personnel Employment
Management Regulations and other systems based on the reality of thecompany, to regulate the management of the employment process, and firmly
oppose all discrimination, workplace harassment, forced labor, employment ofchild labor and other abusing behaviors of human rights. In order to enhanceawareness of human rights of all employees, we have arranged social
responsibility training for all employees. During the reporting period, there
were no incidents of discrimination, harassment, forced labor or employmentof child labor, and collective agreement signing rate reached 100% without
exception within the country.

Mid-Autumn Festival Activities for Ethnic Minority Employees

6 Note: Foreign workers in Thailand factory are counted as ethnic minorities.

56

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Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

We attach great importance to protecting the rights and interests of female employees, implementing the Law of the People's
Republic of China on the Protection of Women's Rights and Interests and other relevant laws and regulations, and providing
maternity leave, parental leave and other leaves to ensure proper protection of legitimate rights and interests of working mothers. In
addition, we have also set up baby-care rooms and breastfeeding time-off to satisfy female employees' special needs. The company
has set up women's union and women workers' committee, organized training for women workers in business and other aspects,
improved women workers' business ability, and catered for women workers' needs for work and life to bring the best welfare forour female employees. During the reporting period, the return rate of employees on parental leave was 100%, the retention rate offemale employees after parental leave was 86.99%, and the retention rate of male employees after parental leave was 84.68%.

Held activities on the international Women's Day

Baby-care room at Haining baseCompensation and Benefits
We have formulated Compensation and Benefits Management System, continuously improve the compensation and benefit
packages of employees every year according to internal and external changes, provide competitive salaries for employees, and grantbonuses based on performance appraisal results to encourage their initiatives. We regulate employment management, reward every
hard-working employee, and provide a number of welfare benefits to alleviate employees from any potential concerns. We careabout our employees, and organize sports events and team-building events during leisure time to ensure work-life balance.

Insurance coverage

The company purchases social pooling insurance for all contract employees. According to the local
community policy, the company fully covers the serious illness insurance for employees in Haining, andprovide annual physical examination for employees.

Recognition & reward

We organize evaluation of outstanding employees and grant bonuses every year.
We reward employees who make reasonable suggestions, publish papers and obtain patents.

Various subsidies

We provide living subsidies in terms of meal, communication, accommodation and transportation, hightemperature.
Subsidies are paid to employees based on the length of service, working hours, job skills, etc.

Holiday benefits

Additional leave for long-service employees, and leave to accompany parents, etc.
Festival benefits.

Safeguard H&S
P u t s a f e t y f i r s t . We p r i o r i t i z eo c c u p a t i o n a l h e a l t h a n d s a fe t y,safeguard the lives of employees,
and lay a solid foundation for normal
production and operation. Astronergy
puts health and safety of its employees
high on the agenda in fac tory
management, and strives to create
healthy and safe working environment
for them. We set H&S targets eachyear, and during the reporting period,
there was no violation of relevant
occupational health and safety-related
laws and regulations, and corporate
EHS (environment, health and safety)
performance targets were successfully
accomplished. No serious injuries
or above, no occupational diseases,
8 minor work injuries and 3 safetyincidents.

ISO 45001: 2018 Standard
Certificate (Astronergy Master
Certificate)No.

Target value

Completion in
2022

Target value for2023

1≤ 20 accidents causing minor
injuries≤ 16 accidents
causing minor
injuries

Accident rate ofminor injuries
≤2.3‰

2

0 environmental pollution
accidents

100%

100%

3

Wastewater, exhaust gas, noise
all met emission standards

100%

100%

4

100% harmless treatment of
hazardous waste

100%

100%

5

4 EHS culture events every year

100%

100%

Occupational Health and Safety
Management
In accordance with the Law of the People's Republic of China on Production Safety, theLaw of the People's Republic of China on the Prevention and Control of Occupational
Diseases and other relevant laws and regulations, we have formulated EHS Management
Manual, EHS Management Committee System, EHS Accident Investigation Management
System, Occupational Health Management System and other regulatory documents,
which are applicable to the company and all its subsidiaries. We have developed the EHS
policy of "Safety and Health, Environmental Protection and Conservation, Continuous
Improvement, and Due Diligence", and established an occupational health and safety
management system that covers all employees and conforms to the international
standard of ISO 45001. We have set up a security committee, headed by employees at a
director position or above, a comprehensive EHS management network, an EHS executive
committee and an EHS management network team. We have designated safety officers ineach department to act as a EHS contact person, and strive to improve safe production
environment and continuously meet the health and safety needs of our employees,
contractors and subcontractors. At the end of the reporting period, all operating factories
of Astronergy obtained ISO 45001: 2018 Occupational Health and Safety Management
System Certificate.

Democratic Communication
We listen to every employee's voice and encourage them to reasonably express their demands and suggestions. We continuously
improve relevant management system, establish the workers' congress, and hold at least one staff representative assembly every
year to guarantee employees' democratic rights; we arrange quarterly staff interviews, and collect feedback from them throughvarious channels to improve communication. Employees can offer feedback through the General Manager's mailbox, official website
and other channels. We investigate employees' satisfaction through interviews and questionnaires to understand their thoughts anddemands of the company. In 2022, employee satisfaction scored at 82.49, maintaining an upward trend for two consecutive years.

Category

2020

2021

2022

Employee engagement

80.3

81.55

82.49

58

ISO 45001: 2018 Standard
Certificate (Yancheng Chint New
Energy Sub-Certificate)

ISO 45001: 2018 Standard
Certificate (Jiuquan Chint New
Energy)ISO 45001: 2018 Standard
Certificate (Thailand base)

Work Safety Standardization
Level 2 Enterprise59

Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

Team leader

Deputy team leader
Head of EHS

Head of HR management

Head of information
management

Head of factory affairs
management

Head quality management

Head of cell manufacturing
management

Head of supply chain
management

Head of module manufacturing
management

Head of warehousing andlogistics management

Head of lean production
management

Head of program management

Head of base management

Head of products and technicalservices

Head of operation management

Head of technology R&D
management

Head of legal management

Head of sales management

Head of financial management

Head of market management

Chairman of the trade union

Safety production facilities

Utilize safety and protective
equipment

EHS Committee Structure

Occupational Health Prevention and Protection
We actively create safe production environment for our employees to protect their personal safety and property. In order to identify
hazards and mitigate safety risks in a more comprehensive and effective way, we have formulated the Hazard Identification and Risk
Control Management System, consolidated the List of Key Hazards, and ensured annual evaluation and updating. We rate identified
hazards into various grades, and implement appropriate control measures according to risk nature so as to mitigate potential
production safety risks. We will also re-identify and update the list of hazards when significant changes take place in corporate
operational activities or related laws and regulations.
For positions prone to job health and safety risks, we provide labor protective equipment for relevant employees, install safety
testing systems, ventilation systems and other safety devices, inspect and maintain equipment on regular basis to mitigate potential
risks and hazards, instruct and require employees to utilize safety equipment and operate equipment in accordance with operational
specifications. We organize regular medical examinations and provide employees with occupational health checks before, during andafter taking the job to ensure their health throughout the working cycle. Meanwhile, we provide employees with workplace injury
insurance and group accident insurance to ensure medical and health protection is available just in case.
We have formulated and implemented a number of emergency plans such as the Special Emergency Plan for Occupational
Disease Hazards and Accidents, and established an emergency command structure to ensure that on-site first aid supplies andequipment are available, striving to respond in an orderly and calm manner in the event of an emergency occupational health andsafety accident; after the accident, we will establish an accident investigation team based on the internally formulated Accident
Investigation Management System to identify its root cause, take preventive measures to avoid the same accident, and supervise theimplementation of corrective measures.

60

Notification card of occupational disease hazards

Safety warning sign

Building Safety Culture
Safety education serves as an important protection for employee H&S. We have established and improved the EHS training system,completed several training materials and organized many training activities to improve safety skills and awareness of all employees.
We are equally concerned about the health and safety of external parties and conduct irregular EHS training sessions for contractors'
personnel. In order to enhance safety awareness of employees and improve self-rescue capabilities and response to emergencies,
we have drafted EHS emergency drill plans according to the characteristics of production activities, simulated accidents such as
electric shock and falling from height during the production process, and relevant departments have attended emergency drill
activities. During the reporting period, we provided a total of 632 EHS safety training sessions with a total of 16,406 participants;
and 34 emergency drill activities were rolled out as well.

61

Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

Support Employees’
Development
Safety training

Case

First-aid drill

National production safety month activities: I am the safety whistle blower

Employee Training

We actively organize staff training
sessions to help staff improve theirprofe s sional ability, continuously
i n j e c t i n g v i t a l i t y i n t o c o r p o ra t e
d e ve l o p m e n t fo r m o re b e n e f i t s .
Astronergy provides a wide careerdevelopment stage for its employees
and helps them growth by developing
diversified training programs andopening up dual career development
channels.

During national production safety month in 2022, we hosted the activities of "I am a safety whistle blower" to open up thevarious channels for participation such as QR code, telephone and email, encouraging all employees to serve as "whistle
blower" and actively participate in the inspection of safety hazards. We also addressed potential safety hazards reported
by employees and awarded prizes for outstanding proposals to enhance safety awareness of all employees.

We attach great importance to the cultivation and development of talents. Inview of our business and job characteristics, we have developed differentiatedtraining programs and actively organized various training programs for
employees to meet their professional needs, career development aspirations,and improve their overall capacity.
Training programs

Training
objects

Leadership
improvement
Managers

Negotiation skills
Sales management

Professionals

Technical
R&D staff

Marketingstaff

Skilledoperators

We provide three-level (company, department, position) safety education for every new employee, and the safety training hours
shall not be less than 24 hours to ensure that each new employee is familiar with job safety operation, emergency response andother knowledge and skills, and safety assessment shall be passed before reporting duty.

Special training for safety production
Each department is required to provide special training according
to the production characteristics of relevant positions, and one
employee shall attend several training sessions to master theknowledge and skills required by relevant positions. Training
covers hazardous chemical safety, fire safety, and knowledge ofhazardous operation safety.

62

Category

Emergency rescue training
We designate special responsible persons in eachdepartment to form emergency response team
(ERT), organize theoretical and practical training
on emergency knowledge on a regular basis, andassess and evaluate training results to improve
emergency response capabilities.

Middle managers

General managers

General employees

Project management
capability enhancementNew
employees

Skill improvement

Senior executives

OHS training for skilled workers can be divided into two main categories:

Professional and technicalskills enhancement

Shorten job suitability cycle

2020

2021

2022

Total training duration

2

12

44

Average training hours

1

6

4

Total training duration

16

35

135

Average training hours

4

5

5

Total training duration

237

738

872

Average training hours

3

6

4

Total training duration

24843

21376

31208

Average training hours

13

8

8

63

Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

We regularly evaluate the performance of our employees in line with the principle of "fairness, justice and openness", evaluate thepersonal ability of employees, and communicate with them frequently to ensure mutual contribution to the process. After obtaining
assessment results, we will formulate individual development plans to assist employees in planning their careers, and provide a solid
basis for training course planning.

"New-Star" special training camp for better staff development

Case

IV Assessment

Knowledge
review

Learning
activity

Incentives

Post course
work

Stage
assessment

Readingand sharing
knowledge
contestPointsmanagement
and meritawarding

Online microcourses

Exchange andsharing

Professional
channelProfessionalsequence

Technology
development
sequence

Marketingsequence

Managing director

ExpertDirector

Senior level

ManagerHigh level

Supervisor

Medium level

Skill operation
sequence•Assessmentof action andlearning items;

Monthly wrapup

Immersive
experience•Feedback frommentor/coach/
instructor;

Primary level•Assessment oflearning process
and performance;•Assessment
Interview
follow-up

Inspection
studies•Review

assessment;

Flying bookclass group•Work
independently
on projects;•Evaluate
project
implementation.

Three-instructor
mentoring system

All-aroundcultivation based on"721 rule"

Scenario-based
studies•Intensive
training ofprofessionalcourses;•Advanced
knowledge andskills for target
positions;•Dominantitems and tasks.

Review phase

Fixed position cultivation

Development phase•Basicknowledge andskills of target
positions;•Get involved
in item and task
implementation.

III Growth

Project practice

1.Message fromthe board
2.Oath frommentor/coach/participant

Management
sequence

Trial position training
Cultivation

Cognitive phase

1.Class
committee
competition
2.Systempresentation

Management
channelII Cultivation

Course follow-up

Screening andselection
Class building
Kick-off
meeting

1.Screening
and selection ofreserve talents
2.Assignmentof mentor/
coach

We have adopted Job Qualification Management system to clarify the evaluation requirements of each job grade, providing atransparent, clear and definite dual channel for career development and ensuring fair promotion opportunities for all. The results ofeach promotion will be fed back to employees to help them timely adjust the direction of career planning; If the employee disagrees
with the result, he/she can make a complaint in time. In addition, we respect the diversified development needs of our employees
and encourage multi-dimensional development. Employees can apply to change sequence according to their own development planand move to a more suitable position to develop their career.

Promotion channel

We attach great importance todeveloping employees' leadershipskills. In September 2022, welaunched a 6-month "New-Star"
special training camp for potential
leaders in core positions of eachdepartment, arranging mentors forthem to cultivate professional andgrassroots management talents.
The training plan was divided into
two stages: trial position training
and fixed position cultivation,
whereby various training methods
were deployed to equip participants
with knowledge and ensure
professional growth. Up to now, wehave hosted "Coaching Leadership"and "Structured Communication
and Debriefing Upskilling
Workshop", highly recognized byour participants.

I Initiate

Employee Promotionof post-training
effectAssistant level

Panoramic view of "New-Star" special training camp

64

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Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

Employee Care
While helping employees grow in the professional channel, we also care about their private lives and strive to create warm andcomfortable working atmosphere. We have actively hosted employee care activities, such as recreational activities, sports eventsand team-building activities, so that employees can relieve stress, maintain work-life balance, and enhance their sense of belonging.
As of the end of the reporting period, Astronergy has been awarded the fifth batch of provincial-level key cultivation units on ethnic
unity and progress and the third batch of Jiaxing demonstration units on national unity and progress.

Choral competition

Tug-of-war

Basketball match

A resilient journey for thousand people

We care about workers in difficulties, and corporate labor union is specifically responsible for providing assistance in this regard,and ensuring that assistance is available in the form of personal care, collective aid, and paring up; we have set up a special fundfor hardship subsidies for employees in need. Since 2019, we have arranged donations for 7 employees in need, raising over RMB
120,000 in total.

66

Commitment to Social
WelfareWe actively participate in public welfare
and fulfill social responsibilities, whichhelps the company establish a good
public social image. The Chint Public
Welfare Foundation, initiated andestablished by Chint Group, focuses onfood safety, environmental protection
and other public welfare activities
closely related to people's livelihood.
By organizing a series of public welfare
activities such as low-carbon offices,
green travel and donations to schools,
the Foundation encourages a lowcarbon lifestyle of energy conservation,
emission reduction and environmental
protection, and promotes the technicaldevelopment and standardizationof the industry. Over the years, thefoundation has donated more than
450 million yuan in funds and goods
to various public welfare activities. It
has been awarded the "China Charity
Award" twice by the Ministry of Civil
Affairs, the "China Red Ribbon Star ofGreat Love" by the China Red Ribbon
Foundation and the "Outstanding
Contribution to Charity Award" by the
Zhejiang Charity Federation.
Astronergy ac tively suppor ts theoperation of the Group's foundationand helps it to contribute toenvironmental protection, industry
promotion, culture and education,and disaster relief. At the same time,
we actively practice our mission asa new energy company by donating
photovoltaic panels many times andsending clean energy throughout theworld, in order to create more social
value while increasing commercial
value.

Support of Community
Construction
We regard the community as one of our key stakeholders and insist on
growing with the community in diversified forms to help them benefit
from corporate business activities. We actively support infrastructure
construction by local communities to improve livelihood conditions;
meanwhile, we provide vocational skills training for local communities
to help local people improve their working skills and contribute to local
economic development and well-being.

Case

Support the construction of PV power
generation for the benefits of teachersand students in mountainous areas

Ala Central Primary School of Luqu County, Gannan Prefecture,
Gansu Province, is located deep in the harsh mountains andlife is hard there. We actively responded to the call of rural
revitalization by donating a 50.49KW PV power generation
project for the school and executed project construction with
our own efforts. At the moment, PV power generation station
project of Ala Center Primary School has been successfullycompleted, relieving the heating safety hazards of coals in
winter, and improving the learning and living environment ofteachers and students. It is expected to save on average RMB
30,000 in electricity on annual basis, reducing operational
expenditure of the school.

67

Chint New Energy Technology Co.,Ltd. (Astronergy)

Case

Project donation to empower practical activities at universities

We donated and built a demonstration project for Leshan Vocational and Technical College to facilitate teachingpractices. In addition, we hosted "Chint Classes", whereby corporate employees delivered courses to students, andprovided internship opportunities to help students get well prepared for working skills and future careers.

2022 Environmental, Social and Governance (ESG) Report

Case

Open day at power station for environmental education

In 2021, we hosted an Open Day for the Dutch project - Markelo PV power generation station so that local elementary
school pupils could have a tour around our base. During the open day, project development leader introduced theoperation of solar energy and PV power generation station, discussed the relationship between PV utilities and animal
protection, and encouraged kids to care for natural environment and climate change to build environmental protection
awareness.

Promotion of Local Employment
We encourage and support local residents to find jobs and promote local employment. We prioritize hiring local residents in ouroperating locations to improve local employment rates. In addition, we support local enterprises with local procurement, injecting
vitality into local economy and providing more career and employment opportunities for local residents.

Employment rate of local employees in Thailand manufacturing base

83.51%

2020

68

82.04%

81.58%

2021

2022

69

Chint New Energy Technology Co.,Ltd. (Astronergy)

Independent
Verification Statement
To the management and stakeholders of Astronergy,
TÜV SÜD Certification and Testing (China) Co., Ltd. Shanghai Branch (hereinafter referred to as “TÜV SÜD”) has been engaged by Chint New
Energy Technology Co.,Ltd. (Astronergy) (hereinafter referred to as “Astronergy” or “the Company”) to perform an independent third-party
verification on Chint New Energy Technology Co.,Ltd. (Astronergy) 2022 Environmental, Social and Governance (ESG) Report (hereinafterreferred to as “the Report"). During this verification, TÜV SÜD's verification team strictly abided by the contract signed with Astronergy
and provided verification regarding the Report in accordance with the provisions agreed by both parties and within the authorized scope
stipulated in the contract.
This Independent Verification Statement is based on the data and information collected by Astronergy and provided to TÜV SÜD. The scopeof verification is limited to the given information. Astronergy shall be held accountable for authenticity and completeness of the provided
data and information.

Scope of Verification
Time frame of this verification:
The Report contains the data disclosed by Astronergy during the reporting period from January 1st, 2022 to December 31st, 2022,
including economic, environmental and social information and data, methods for management of material issues, actions/measures andthe Company's sustainability performance during the reporting period.
Physical boundary of this verification:
The on-the-spot verification took place at below listed location:
No.1 Jisheng Road, Jianshan New Zone, Haining, Zhejiang Province, P.R. China.
Scope of data and information for the verification:
The scope of verification is limited to the data and information of Astronergy and production sites under its operational control covered by
the Report.
The following information and data are beyond the scope of this verification:
Any information and contents beyond the reporting period of this Report; andThe data and information of Astronergy’s suppliers, partners and other third parties; andThe financial data and information disclosed in this Report that have been audited by an independent third party are not verified again
herein.

Limitations
The verification process is conducted in the above scope and places. Sampling and verification are adopted for the data and information in
the Report by TÜV SÜD, and only the stakeholders within the Company are interviewed; andThe Company's standpoint, opinions, forward-looking statements and predictive information as well as the historical data and information
before January 1st, 2022 are beyond the scope of this verification.

Basis for the Verification
This verification process was conducted by TÜV SÜD's expert team with extensive experience in the economic, environmental, social andother relevant areas and drew the conclusions thereof. The verification is in line with the following standards:
International Standard on Assurance Engagements ISAE3000(Revised),Assurance Engagements Other than Audits or Reviews of Historical
Financial Information, Limited Assurance
TÜV SÜD Procedure of Verification on Sustainability Report
In order to perform adequate verification in accordance with the contract and provide reasonable verification for the conclusions, theverification team conducted the following activities:
Preliminary investigation of the relevant information before the verification;
Confirmation of the presence of the topics with high level of materiality and performance in the Report;
On-site review of all supporting documents, data and other information provided by Astronergy; tracing and verification of key
performance information;
Special interview with the representative of Astronergy’s management; interviews with the employees related to collection, compilation
and reporting of the disclosed information; andOther procedures deemed necessary by the verification team.

70

2022 Environmental, Social and Governance (ESG) Report

Verification Conclusions
According to the verification, we believe the Report prepared by Astronergy is objective and true,
without systemic problems, and can be used by stakeholders. The verification team has drawn the following conclusions on this Report:

Inclusivity

Astronergy has identified the internal and external stakeholders such as employees, shareholders and investors,
customers, suppliers, government and regulatory agencies, public communities, surrounding residents, research
institutions, industry associations and companies in the same industry, and established a stakeholder communication
mechanism to collect the demands of stakeholders on a regular basis.

Materiality

Astronergy has established the prioritization process of material topics determination, identified and assessed thepriority of the sustainability topics which are highly related to the industry, the Company disclosed the strategy,
management approach as well as sustainability performance in corporate operation, therefore the Report’s adherence
to materiality principle is guaranteed.

ResponsivenessAstronergy has disclosed the management approach of key issues that stakeholders concern, such as climate change,energy resource management, digital transformation, product quality control, business ethics, personnel training anddevelopment, and protecting customer rights/information security, and has established a grievance mechanism, to fully
respond to the demands and expectations of stakeholders.

ImpactAstronergy has set up a sustainable development committee at the level of the board of directors, which governs
three special working groups on environmental governance, social responsibility and corporate governance, to further
respond to the risks and opportunities caused by climate, environment and market policy changes, and to enhance
corporate contribution in terms of environmental and social responsibility and corporate governance. Meanwhile,
the Company integrates the United Nations SDGs into the concept of sustainable development, and continues tocontribute to the cause of global sustainable development.

Recommendations on Continuous Improvement
It is recommended that the Company, based on the existing ESG management system, formulates an overall sustainable development plan,
covering climate change objectives, and establishs a corresponding risk management system.

Statement on Independence and Verification Capability
TÜV SÜD is a trusted partner of choice for safety, security and sustainability solutions. It specialises in testing, certification, auditing andadvisory services. Since 1866, TÜV SÜD has remained committed to its purpose of enabling progress by protecting people, the environment
and assets from technology-related risks. Today, TÜV SÜD is present in over 1,000 locations worldwide with its headquarters in Munich,Germany. TÜV SÜD has been committed to sustainable development and actively promotes environmental protection related projects. Overthe years, TÜV SÜD has been actively expanding its performance in energy management, renewable resources, and electric automobiles, etc.,
helping its customers meet sustainable development needs.
TÜV SÜD Certification and Testing (China) Co., Ltd. Shanghai Branch is one of TÜV SÜD 's global branches and has an expert team whose
members have professional background and rich industrial experiences.
TÜV SÜD and Astronergy are two entities independent of each other and both TÜV SÜD and Astronergy and their branches or stakeholders
have no conflict of interest. No member of the verification team has business relationship with the Company. The verification is completely
neutral.
Signature:
On Behalf of TÜV SÜD Certification and Testing (China) Co., Ltd. Shanghai Branch

Zhu Wenjun
TÜV SÜD Sustainability Authorized Signatory Officer
April 28th, 2023
Shanghai, China
Note: In case of any inconsistency or discrepancy, the simplified Chinese version of this verification statement shall prevail, while the English
translation is used for reference only.

71Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) Report

Appendices

GRI Standards

GRI Sustainability Reporting Standards (GRI
Standards) Content Index
Instructions

Astronergy has reported in accordance with the GRI Standards for the period from January 1, 2022 to
December 31, 2022

GRI 1 used

GRI 1: Foundation 2021

GRI Standards

Organization
and Its
Rreporting
Practices

Activities andWorkers

Disclosures

Page number

GRI 2-1 Organizational details

06-13

GRI 2-2 Entities included in the organization's sustainability reporting02

GRI 2-3 Reporting period, frequency and contact point

02-03

GRI 2-4 Restatements of information-

GRI 2-5 External assurance

70-71

GRI 2-6 Activities, value chain and other business relationships

06-10

GRI 2-7 Employees

56

GRI 2-8 Workers who are not employees

59-61,66

GRI 2-9 Governance structure and composition

22

GRI 2-10 Nomination and selection of the highest governance body22

GRI 2-11 Chair of the highest governance body22

GRI 2-12 Role of the highest governance body in overseeing themanagement of impacts

23

GRI 2-13 Delegation of responsibility for managing Impact

23

GRI 2-14 Role of top governance body in sustainability reporting

03,23

GRI 2-15 Conflicts of interest

25

GRI 2-16 Communication of critical concerns

23

Governance

GRI 2-17 Collective knowledge of the highest governance body23

GRI 2-18 Evaluation of the performance of the highest governance
body

22

GRI 2-19 Remuneration policies

22

GRI 2-20 Procedures to determine compensation
GRI 2-21 Annual total compensation ratio

72

Reason for omission

Strategy,
Policies andPractices

Stakeholder
Engagement

Substantive
Topics 2021

Lack of information: This report isthe first ESG report of Astronergy
and does not involve restatement of
information.

Economic
Performance
2016

MarketPerformance
2016

Indirect
Economic
Impact 2016

Procurement
Practices 2016

Anti-corruption
2016-

Lack of information: Confidentiality
restrictions-

Lack of information: Confidentiality
restrictions

Anticompetitive
Behavior 2016

Disclosures

Page number

Reason for omission

GRI 2-22 Statement on sustainable development strategy

04-05,23

GRI 2-23 Policy commitment-

Lack of information: Referto the official website

GRI 2-24 Embedding policy commitment-

Lack of information: Referto the official website

GRI 2-25 Processes to remediate negative impacts

28

GRI 2-26 Mechanisms for seeking advice and raising concerns

23

GRI 2-27 Compliance with laws and regulations

15,24

GRI 2-28 Membership association

11-13

GRI 2-29 Approach to stakeholder engagement

16-17

GRI 2-30 Collective bargaining agreement

56

GRI 3-1 Process to determine substantive topics

18-19

GRI 3-2 List of substantive topics

18-19

GRI 3-3 Management of material topics

06

GRI 201-1 Direct economic value generated and distributed

06

GRI 201-2 Financial implications and other risks and opportunities
due to climate change

06

GRI 201-3 Defined benefit plan obligations and other retirement plans

58

GRI 201-4 Financial assistance received from government-

GRI 3-3 Management of material topics

56

GRI 202-1 Ratio of standard entry level wage by gender comparedto local minimum wage-

GRI 202-2 Proportion of senior management hired from the local community

69

GRI 3-3 Management of material topics

67

GRI 203-1 Infrastructure investments and services supported

67

GRI 203-2 Significant indirect economic impact

67

GRI 3-3 Management of material topics

35-37

GRI 204-1 Proportion of spending on local suppliers-

GRI 3-3Management of material topics

24-26

GRI 205-1 Operations assessed for risks related to corruption-

GRI 205-2 Communication and training on anti-corruption policies andprocedures

24-26

GRI 205-3 Confirmed incidents of corruption and actions taken

24-26

GRI 3-3Management of material topics

24-26

GRI 206-1 Legal actions for anti-competitive behavior, anti-trust, andmonopoly practices

24-26

See details in the annual
reportSee details in the annual
reportLack of information:
Confidentiality restrictions

Lack of information:
Confidentiality restrictions

Lack of information:
Corruption risk
assessment not conducted73

Chint New Energy Technology Co.,Ltd. (Astronergy)

GRI Standards

Tax 2019

Disclosures

Water andEffluents 2018

Biodiversity
2016

Emission 2016

74

Page number

Reason for omission

GRI Standards

Disclosures

Page number

Reason for omission-

N/A: discharge do not
involve

GRI 3-3 Management of material topics

26

GRI 305-7 Nitrogen oxides (NOx), sulfur oxides (SOx) and other significant gas
emissions

GRI 207-1 Approach to tax

26

GRI 3-3 Management of material topics

49-53

GRI 207-2 Tax governance, control and risk management

26

GRI 306-1 Waste generation and significant waste-related Impacts

49-53

GRI 207-3 Stakeholder engagement and management of concerns
related to tax

26

GRI 306-2 Management of significant waste-related impacts

49-53

GRI 207-4 Country-by-country reporting26

GRI 306-3 Waste generated50

GRI 3-3 Management of material topics

46

GRI 306-4 Waste diverted from disposal50

GRI 301-1 Materials used by weight or volume-

GRI 306-5 Waste directed to disposal50

GRI 301-2 Recycled input materials used46

GRI 3-3 Management of material topics

35-37

GRI 301-3 Reclaimed products and their packaging materials

46

GRI 308-1 New suppliers that were screened using environmental criteria

36-37

GRI 3-3 Management of material topics

44-45

GRI 308-2 Negative environmental impacts in the supply chain and actions taken

35

GRI 302-1 Energy consumption within the organization

44

GRI 3-3 Management of material topics

56,58

GRI 302-2 Energy consumption outside the organization

44

GRI 401-1 New employee hires and employee turnover-

GRI 302-3 Energy intensity

44

GRI 401-2 Benefits provided to full-time employees that are not provided totemporary or part- time employees

58

GRI 302-4 Reduce energy consumption

45

GRI 401-3 Parental leave

58

GRI 302-5 Reduce energy demand for products and services

45

GRI 3-3 Management of material topics

56,58

GRI 3-3 Management of material topics

47-48
47

GRI 402-1 Minimum notice periods regarding operational changes

GRI 303-1 Interactions with water as a shared resource-

GRI 303-2 Management of water discharge- related impacts

47-48

GRI 3-3 Management of material topics

59-62

GRI 303-3 Water withdrawal

47

GRI 403-1 Occupational health and safety management system

59-60

GRI 303-4 Water discharge

47

GRI 403-2 Hazard identification, risk assessment and incident investigation

60-61

GRI 303-5 Water consumption

47

GRI 403-3 Occupational health services

62

GRI 3-3 Management of material topics

39

GRI 403-4 Worker participation, consultation, and communication on
occupational health and safety

61-62

GRI 304-1 Operational sites owned, leased, managed in, or adjacentto, protected areas and areas of high biodiversity value outside
protected areas39

GRI 403-5 Worker training on occupational health and safety s

61-62

GRI 403-6 Promote worker health58, 61-62

GRI 304-2 Significant impacts of activities, products and services on
biodiversity

39

GRI 403-7 Prevention and mitigation of occupational health and safety impacts
directly linked by business relationships

61

GRI 304-3 Habitats protected or restored

39

GRI 403-8 Workers covered by an occupational health and safety management
system59

GRI 304-4 IUCN Red List species and national conservation list
species with habitats in areas affected by operations

39

GRI 403-9 Work-related injury

59

GRI 403-10 Work-related ill health59, 61-62

GRI 3-3 Management of material topics

42-43

GRI 3-3 Management of material topics

63-64

GRI 305-1 Direct (Scope I) GHG emissions

42

GRI 404-1 Average hours of training per year per employee

63

GRI 305-2 Energy indirect (Scope II) GHG emissions

42

GRI 404-2 Programs for upgrading employee skills and transition assistanceprograms

63

GRI 404-3 Percentage of employees receiving regular performance and careerdevelopment reviews64

GRI 3-3 Management of material topics

56-57

GRI 405-1 Diversity of governance bodies and employees

56

GRI 405-2 Ratio of basic salary and remuneration of women
to men58

Material 2016

Energy 20162022 Environmental, Social and Governance (ESG) Report

GRI 305-3 Other indirect (Scope 3) GHG emissions

42

GRI 305-4 GHG emissions intensity

42

GRI 305-5 Reduction of GHG emissions

42

GRI 305-6 Emissions of ozone depleting substances (ODS)-

Waste 2020

Lack of information:
Confidentiality restrictions
Supplier
Environmental
Assessment
2016

Employment
2016

Labor/
Management
Relations2016

Occupational
Health and
Safety 2018

Employment
practices 2016

N/A: discharge do not involve

Diversityand Equal
Opportunity
2016

N/A: Confidentiality
requirements

N/A: No major plant sitechanges75

Chint New Energy Technology Co.,Ltd. (Astronergy)

2022 Environmental, Social and Governance (ESG) ReportGRI Standards

Disclosures

Page number

Nondiscrimination
2016

GRI 3-3 Management of material topics

56-58

GRI 406-1 Incidents of discrimination and corrective actions taken

56

Freedom of
Association
and Collective
Bargaining 2016

GRI 3-3 Management of material topics

56

GRI 407-1 Operating locations and suppliers where freedom of
association and collective bargaining rights may be at risk

37,56

GRI 3-3Management of material topics

56

GRI 408-1 Operations and suppliers at significant risk for incidents of child
labor

37,56

GRI 3-3Management of material topics

56

GRI 409-1 Operations and suppliers at significant risk for incidents offorced or compulsory labor

37,56

GRI 3-3Management of material topics

56-57

GRI 410-1 Security personnel trained in human rights policies or procedures

57

GRI 3-3 Management of material topics-

Child Labor
2016
Forced orCompulsory
Labor 2016
Security
Practice 2016

Rights ofIndigenous
Peoples 2016

Local
Community
2016

Supplier
SocialAssessment
2016

Public Policy
2016

Customer
Health and
Safety 2016

Marketingand Labeling
2016

CustomerPrivacy 2016

76

GRI 411-1 Incidents of violations involving rights of indigenous peoples-

GRI 3-3 Management of material topics

67-69

GRI 413-1 Operating sites with local community engagement, impact
assessments and development plans

67-69

GRI 413-2 Operating sites with actual or potentially significant
negative impacts on local community-

GRI 3-3 Management of material topics

35-37

GRI 414-1 New suppliers screened based on social criteria

36-37

GRI 414-2 Negative social impacts in the supply chain and actions taken

35

GRI 3-3 Management of material topics

26

GRI 415-1 Political contributions

26

GRI 3-3 Management of material topics

27-29

GRI 416-1 Assessment of the health and safety impacts of product and service
categories

28

GRI 416-2 Incidents of non-compliance concerning the health and safety
impacts of products and services-

GRI 3-3 Management of material topics

27

GRI 417-1 Requirements for product and service information and labeling27

GRI 417-2 Incidents of non-compliance concerning product and service
information and labeling27

GRI 417-3 Incidents of non-compliance concerning marketing communications

27

GRI 3-3 Management of material topics

29

GRI 418-1 Substantiated complaints concerning breaches of customer privacy
and losses of customer data

29

Reason for omission

N/A: Operating activities
do not violate indigenous
rightsUNGC Ten Principles Index Table
Ten Principles of the United Nations Global Compact (UNGC)

Page

Businesses should support and respect the protection of internationally proclaimed human rights

37,56-57

Businesses shall make sure that they are not complicit in human rights abuses.

37,56-57

Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining.

37,56

Businesses should uphold the elimination of all forms of forced and compulsory labour.

37,56

Businesses shall ensure abolition of child labour

37,56

Businesses should uphold the elimination of discrimination in respect of employment and occupation.

37,56

Businesses should support a precautionary approach to environmental challenges.

42-53

Businesses should undertake initiatives to promote greater environmental responsibility.

42-53

Businesses should encourage the development and diffusion of environmentally friendly technologies.

42-53

Businesses should work against corruption in all its forms, including extortion and bribery.

24-26

N/A: Operating activities
do not violate indigenous
rightsLack of information: No
impact assessed

Lack of information:
Confidentiality requirements

77

Chint New Energy Technology Co.,Ltd. (Astronergy)

78