Qingdao CIMC Refrigerated Transport Equipment Co., Ltd

2024 Social Responsibility Report

Report period: January 2024 December 2024
Release date: February 1, 2025

introduction
In the 2024 Social Responsibility Report of Qingdao CIMC Refrigeration and Transportation Equipment Co., Ltd., we sincerely present to all stakeholders the efforts and achievements made by the company in the field of social responsibility over the past year. This report aims to comprehensively and transparently showcase our practices and achievements in economic responsibility, environmental responsibility, social contribution, and employee care, in order to reflect Qingdao CIMC Refrigeration and Transportation Equipment Co., Ltd.'s profound understanding and firm commitment to social responsibility.
The preparation of the report strictly follows relevant laws and regulations, international standards, and industry norms, ensuring the authenticity, accuracy, and completeness of the content. We hope that through this report, we can not only convey to the outside world the values and actions of Qingdao CIMC Refrigerated Transport Equipment Co., Ltd. in terms of social responsibility, but also look forward to exploring and promoting the sustainable development of social responsibility with all parties.
This report covers the period from January 2024 to December 2024, conducting a comprehensive social responsibility review of the entire process of the company's operations. Our target readers include shareholders, employees, customers, suppliers, government agencies, non-governmental organizations, and all members of the public who are concerned about the development of Qingdao CIMC Refrigerated Transport Equipment Co., Ltd.
At Qingdao CIMC Refrigeration and Transportation Equipment Co., Ltd., we deeply understand that as a member of society, our development cannot be separated from the support and trust of all sectors of society. Therefore, we always integrate social responsibility into our company strategy and daily operations, committed to achieving a harmonious unity of economic and social benefits. We believe that by continuously fulfilling its social responsibility, Qingdao CIMC Refrigeration and Transportation Equipment Co., Ltd. can not only contribute to the sustainable development of society, but also win wider recognition and respect.
In the following chapter, we will provide a detailed introduction to the specific practices and achievements of Qingdao CIMC Refrigerated Transport Equipment Co., Ltd. in terms of social responsibility. We look forward to witnessing every solid step of Qingdao CIMC Refrigerated Transport Equipment Co., Ltd. on the road of social responsibility with you.

Company Overview
Company Profile: Qingdao CIMC Refrigeration and Transportation Equipment Co., Ltd. is located in Jiaozhou Bay Industrial Park, Xizhuang East Village, Jiulong Office, Jiaozhou City, Qingdao. It was officially established on November 30, 2007 and is wholly owned by CIMC Group. The company is invested by CIMC Vehicles (Group) Limited, China International Marine Containers (Hong Kong) Limited, and CIMC Vehicle Investment Holdings Company Limited.
The company has a production line and high-precision, highly automated processing equipment that integrates advanced North American riveting and European bonding technologies. It manufactures and sells semi trailers, automobiles, containers, and other transportation equipment and their spare parts, and provides related technical services and maintenance. The company has over 60 patents, including more than 10 North American patents and 6 invention patents. The company has an annual production capacity of 10000 double Banda vehicles. The core factory of the company in Qingdao covers an area of 166 acres, with a first phase factory area of 60000 square meters, more than 500 employees, and an annual production capacity of 10000 vehicles; There are three CKD factories in Indiana, California, and Ontario, Canada, with hundreds of employees, completing CKD assembly work for components at the Qingdao factory.
Business performance: The company focuses on high-quality development, while adhering to social responsibility, achieving steady growth in business performance, and continuously creating economic value and development momentum for society. During the reporting period, the company achieved a stable operating revenue of 670 million yuan; The company deepens its industrial layout, accelerates digital transformation and green technology innovation, and successfully explores emerging markets in the global South; Faced with the complex and ever-changing market environment, the company has always adhered to the concept of compliant operation, strictly complied with domestic and foreign laws and regulations, optimized the risk prevention and control system, and achieved zero major business risk events for 17 consecutive years.
Social Responsibility Concept and Strategy
1、 Social Responsibility Concept
At Qingdao CIMC Refrigeration and Transportation Equipment Co., Ltd., we firmly believe that the success of the enterprise is not only based on economic benefits, but also on how we give back to society with a responsible attitude, protect the environment, care for employees, and promote the overall well-being of society. Our social responsibility philosophy is rooted in the company's core values, which guide us on how to make decisions in daily operations and long-term development, ensuring that our actions always align with society's expectations and needs.
Our social responsibility philosophy includes:
1. Integrity based: We adhere to honest management, comply with laws and regulations, and handle relationships with all stakeholders based on the principles of fairness and transparency.
2. Sustainable development: We are committed to achieving coordinated economic, social, and environmental development, and promoting green, low-carbon, and circular production methods through innovation and technological progress.
3. Putting people first: We respect the rights and interests of our employees, pay attention to their growth and development, and strive to create a safe, healthy, and harmonious working environment for them.
4. Social Contribution: We actively participate in social welfare undertakings, give back to society through donations, volunteer services, and other forms, and contribute to building a harmonious society.
2、 Social Responsibility Strategy
Based on the above social responsibility concept, we have formulated the following social responsibility strategies to guide our social responsibility practices in the coming period:
1. Strategic objectives:
·To become a benchmark enterprise for social responsibility in the industry and establish a good corporate and brand image.
·Realize a win-win situation between economic and social benefits, and promote sustainable development of enterprises.
·Enhance employee satisfaction and sense of belonging, and build harmonious labor relations.
·Actively participate in social welfare undertakings and make positive contributions to social development.
2. Key implementation areas:
·Economic responsibility: Continuously optimize business management, improve economic efficiency, and create more value for shareholders; At the same time, actively fulfilling tax obligations and supporting national economic development.
·Environmental responsibility: Strengthen environmental management, promote energy conservation, emission reduction, and resource recycling; Carry out environmental protection publicity activities to enhance the environmental awareness of employees and the public.
·Social contribution: Increase investment in public welfare undertakings such as education, culture, and sports; Actively participate in social welfare projects such as poverty alleviation and disability assistance, and contribute to the harmonious development of society.
·Employee care: Improve employee welfare system and increase employee salary and benefits; Strengthen employee training and career development planning to enhance their overall quality and competitiveness.
3. Implementation path:
·Establish a sound social responsibility management system: Establish a social responsibility leadership group and clarify the responsibilities of each department; Develop a social responsibility management system and process to ensure the implementation of responsibilities.
·Strengthen internal and external communication and cooperation: regularly communicate and exchange ideas with stakeholders, collect opinions and suggestions; Establish cooperative relationships with government departments, non-governmental organizations, etc., and jointly promote the development of social responsibility.
·Continuous monitoring and evaluation: Establish a social responsibility performance monitoring indicator system and regularly evaluate social responsibility practices; Timely adjust strategies and measures based on evaluation results to ensure the achievement of social responsibility goals.
By implementing the above social responsibility strategy, Qingdao CIMC Refrigeration and Transportation Equipment Co., Ltd. will continuously strive to improve its level of social responsibility fulfillment, and make greater contributions to the sustainable development of the enterprise and the harmonious progress of society.
Social Responsibility Practice
1. Economic responsibility
1.1 Promoting Economic Development
As a member of Qingdao CIMC Refrigerated Transport Equipment Co., Ltd., we are well aware of our important role in promoting local and even national economic development. During the reporting period, we achieved steady economic growth by continuously optimizing business processes, improving product quality and service levels. Our main economic indicators, such as operating revenue and total profit, have achieved year-on-year growth, creating substantial returns for shareholders and making positive contributions to the country's economic development.
1.2 Creating employment opportunities
We deeply understand that employment is the cornerstone of social stability and prosperity. Therefore, Qingdao CIMC Refrigeration Transport Equipment Co., Ltd. has been committed to providing stable and promising employment opportunities for its employees. During the reporting period, we not only maintained the stability of our workforce, but also created 53 new job opportunities, providing a platform for more talents to showcase themselves and realize their value.
1.3 Payment of Taxes
As a responsible corporate citizen, Qingdao CIMC Refrigerated Transport Equipment Co., Ltd. has always strictly complied with national tax regulations and paid taxes on time and in full. During the reporting period, we paid a total of 7220548.92 yuan in taxes, making our due contribution to the stable growth of national fiscal revenue. This not only reflects our respect for national laws, but also demonstrates our sense of responsibility as members of society.
1.4 Harmonious unity of economic and social benefits
While pursuing economic benefits, Qingdao CIMC Refrigeration and Transportation Equipment Co., Ltd. has always focused on the synchronous improvement of social benefits. We firmly believe that the long-term development of enterprises cannot be achieved without the support and trust of society. Therefore, when formulating business strategies, we always integrate social responsibility and strive to achieve a harmonious unity of economic and social benefits. Through our efforts, we have not only enhanced the competitiveness of the enterprise, but also made positive contributions to the sustainable development of society.
2. Environmental responsibility
2.1 Environmental Protection Concept and Commitment
At Qingdao CIMC Refrigeration and Transportation Equipment Co., Ltd., we deeply understand the importance of environmental protection and regard it as the cornerstone of sustainable development for the enterprise. We promise to uphold the development concept of green, low-carbon, and circular, reduce our impact on the environment through continuous improvement and innovation, and contribute to the sustainable development of the global environment.
2.2 Construction of Environmental Management System
In order to ensure the effective implementation of environmental protection work, we have established a comprehensive environmental management system and strictly operate in accordance with relevant standards and specifications. During the reporting period, we further strengthened the organizational structure of environmental management, clarified the environmental responsibilities of each department, and ensured the systematic and standardized nature of environmental protection work.
2.3 Energy conservation, emission reduction, and resource recycling
Energy conservation and emission reduction are important components of our environmental responsibility. During the reporting period, we took multiple measures, such as optimizing production processes, introducing energy-saving equipment, and promoting clean energy, effectively reducing energy consumption and emissions. At the same time, we also pay attention to the recycling of resources, improving resource utilization efficiency and reducing resource waste through methods such as waste recycling and reuse.
2.4 Environmental Protection Promotion and Education
We are well aware that the improvement of environmental awareness is the key to achieving environmental protection. Therefore, Qingdao CIMC Refrigeration and Transportation Equipment Co., Ltd. actively carries out environmental protection publicity and education activities, through various forms such as internal training, external publicity, and public welfare activities, to enhance the environmental awareness of employees and the public, advocate green lifestyles, and promote the deepening of environmental protection concepts.
2.5 Environmental Performance Monitoring and Improvement
In order to continuously evaluate and improve our environmental performance, we have established an environmental performance monitoring index system and regularly monitor and analyze various environmental indicators. During the reporting period, we promptly developed improvement measures based on the identified issues and tracked their implementation effects, ensuring the continuous improvement and effective enhancement of environmental protection work.
2.6 Coping with Climate Change
Faced with the challenge of global climate change, Qingdao CIMC Refrigeration and Transportation Equipment Co., Ltd. has actively taken action, formulated and implemented strategies to address climate change. We strive to reduce our impact on climate change and contribute to global climate governance by reducing greenhouse gas emissions, improving energy efficiency, and promoting renewable energy.
3. Social contribution
3.1 Public Welfare and Charitable Activities
Qingdao CIMC Refrigeration and Transportation Equipment Co., Ltd. has always adhered to the concept of giving back to society and actively participated in various public welfare and charity activities. During the reporting period, we organized our employees to participate in volunteer service activities such as charitable donations and green tree planting, contributing to the construction of a harmonious society together.
3.2 Educational Support
Education is the cornerstone of national rejuvenation and social progress. In order to support the development of education, Qingdao CIMC Refrigeration and Transportation Equipment Co., Ltd. actively invests in educational resources and carries out a series of educational support activities. We cooperate with Dalian Jiaotong University to establish a school enterprise cooperation mechanism, accept outstanding graduates, and help solve the problem of difficult employment for college students.
3.3 Cultural Inheritance and Promotion
As an active practitioner of cultural inheritance and promotion, Qingdao CIMC Refrigeration and Transportation Equipment Co., Ltd. is committed to promoting excellent traditional Chinese culture, promoting cultural innovation and development. During the reporting period, we held Dragon Boat Festival and Mid Autumn Festival celebrations, such as cultural exhibitions and art performances, providing the public with rich cultural experiences and enhancing cultural confidence and inheritance awareness.
3.4 Effectiveness and Impact of Social Contributions
Through the above-mentioned social contribution activities, Qingdao CIMC Refrigeration and Transportation Equipment Co., Ltd. has not only won widespread praise from all sectors of society, but also achieved significant results and influence. Our public welfare and charity activities have helped many people in need, educational support activities have laid a solid foundation for cultivating outstanding talents, cultural inheritance and promotion activities have enriched the spiritual and cultural life of the public, disaster rescue and emergency response work have demonstrated the responsibility and commitment of enterprises, and community co construction and sharing activities have promoted the harmonious development of the community.
4. Employee care
4.1 Employee Benefits and Treatment
Qingdao CIMC Refrigeration and Transportation Equipment Co., Ltd. deeply understands that employees are the most valuable asset of the enterprise. Therefore, we are always committed to providing comprehensive and generous benefits and treatment for our employees. During the reporting period, we not only provided competitive salary and benefits in the market, but also equipped our employees with comprehensive social security benefits, including pension insurance, medical insurance, unemployment insurance, work-related injury insurance, and maternity insurance, ensuring that their basic living conditions were fully protected.
4.2 Career Development and Training
In order to promote the personal growth and career development of employees, Qingdao CIMC Refrigeration Transport Equipment Co., Ltd. has established a comprehensive training system and provided diversified training resources. During the reporting period, we organized multiple professional skills training sessions, management improvement courses, and new employee onboarding training to help employees enhance their professional competence and expand their career development opportunities. At the same time, we also encourage employees to participate in external training and further education to continuously enhance their competitiveness.
4.3 Working environment and facilities
In order to create a comfortable and safe working environment, Qingdao CIMC Refrigeration and Transportation Equipment Co., Ltd. has continuously optimized and upgraded its office facilities. We have equipped our employees with modern office equipment, created spacious and bright office areas, and strengthened the greening and beautification of the office area. In addition, we also pay attention to workplace safety management, regularly conducting safety training and drills to ensure that employees' personal safety is fully protected.
4.4 Employee Health and Care
Employee health is a key concern for Qingdao CIMC Refrigeration and Transportation Equipment Co., Ltd. During the reporting period, we regularly organized health check ups for our employees to promptly identify and address potential health issues. At the same time, we also provide psychological health lectures for employees to help them maintain their physical and mental health.
4.5 Employee Communication and Feedback
In order to strengthen communication and connection between employees and the company, Qingdao CIMC Refrigeration and Transportation Equipment Co., Ltd. has established a multi-channel communication mechanism. We regularly hold employee symposiums, opinion gathering activities, etc. to listen to employees' voices and suggestions, and promptly solve problems encountered by employees in their work. At the same time, we also encourage employees to provide feedback and appeals through internal emails, anonymous mailboxes, and other means to ensure that their opinions receive timely and effective responses.
4.6 Effectiveness and Impact of Employee Care
By implementing the above-mentioned employee care measures, Qingdao CIMC Refrigeration and Transportation Equipment Co., Ltd. has not only improved employee satisfaction and loyalty, but also stimulated their work enthusiasm and creativity. Our employee care work not only helps to build harmonious labor relations, but also injects strong impetus into the development of the enterprise. In the future, Qingdao CIMC Refrigeration and Transportation Equipment Co., Ltd. will continue to adhere to the concept of "people-oriented", continuously improve the employee care system, and create a better working environment and development space for employees.
Future prospects
Looking ahead to the future, Qingdao CIMC Refrigeration and Transportation Equipment Co., Ltd. will continue to adhere to its original intention of social responsibility, continuously deepen its practice and innovation in environmental responsibility, social contribution, and employee care. We will actively respond to national policies and industry requirements, continuously optimize environmental protection measures, promote green, low-carbon, and circular production methods, and contribute to building an ecological civilization society. At the same time, we will further broaden the breadth and depth of our social contributions, give back to society, and contribute to the harmonious development of society through more public welfare and charity activities, educational support projects, and cultural inheritance and promotion actions. In terms of employee care, we will continue to optimize the employee welfare system, enhance employee career development space, create a more comfortable, safe, and healthy working environment, so that every employee can feel the warmth and care of home.
conclusion
Qingdao CIMC Refrigeration and Transportation Equipment Co., Ltd. is well aware that social responsibility is the cornerstone of enterprise development and the embodiment of enterprise value. We will continue to uphold the core values of "responsibility, innovation, and sharing", actively fulfill our social responsibilities, and contribute to the sustainable development of society. We believe that through the joint efforts of all employees and the strong support of all sectors of society, Qingdao CIMC Refrigeration Transport Equipment Co., Ltd. will usher in a more brilliant tomorrow, become a leader in the field of social responsibility, and make greater contributions to building a harmonious society and promoting social progress.