韦尔股份(603501):2024 ENVIRONMENTAL，SOCIAL AND GOVERNANCE REPORT
原标题:韦尔股份:2024 Environmental，Social and Governance Report related content—including anti-discrimination, anti-harassment, and prohibitions on child labor and forced labor— into its annual governance training, ensuring 100% employee participation. Additionally, female executives account for 26.27% of the management team. The Company offers a comprehensive and diverse training system, clear career development pathways, and an internal lecturer team that continuously develops courses to support employee growth and professional advancement. Aligned with societal needs, it actively engages in philanthropic initiatives, consistently As the waves of digitalization and intelligence surge, global demand for integrated circuits has steadily climbed. funding local community projects across its global operations to promote inclusive social development. Amidst the complex fluctuations of the macroeconomic environment and the profound adjustments in global industrial chains, enterprises face a landscape where development opportunities and challenges are deeply Robust governance serves as the cornerstone of an enterprise's sustainable development. In building its corporate intertwined. Will Semiconductor has steadfastly upheld its mission of "Empower the Sensing by Technology", governance framework, Will Semiconductor has established a scientific and efficient structure, prioritizing board delivering diverse products and solutions to global customers and consumers. The Company has deeply integrated diversity and independence to ensure strategic decisions are both scientific and forward-looking. We have also the philosophy of sustainable development into every link of its value chain—from research and development established diverse communication channels to maintain close engagement with stakeholders—customers, suppliers, design, supply chain management, and production operations to customer service—building long-term resilience investors, and others—proactively understanding and addressing their expectations. Upholding the highest standards through responsible business practices and advancing the sustainable development of the industrial ecosystem. of integrity, it collaborates with employees and partners to cultivate an orderly business ecosystem. Will Semiconductor is confident that the sustained practice of sustainable development principles will enable it to maintain resilience amid future opportunities and challenges. Looking ahead, we will continue to increase investments Green development represents an inevitable path toward achieving sustainable and high-quality growth. Will in technological innovation, working closely with diverse talent, supplier partners, and customers to unlock infinite Semiconductor has actively harnessed the opportunities presented by clean technologies, making forward-looking possibilities through technology and pioneer an intelligent, sustainable future.deployments in the field of new energy vehicle (NEV) in-vehicle products to support the advancement of the NEV industry. Through continuous technological innovation and process optimization, the Company strives to enhance product integration, reduce power consumption, and improve environmental friendliness, delivering efficient and Will Semiconductor Co., Ltd. Shanghai sustainable solutions to the market. During the Reporting Period, we launched the OG0TC image sensor, achieving a power consumption reduction of over 40%; it also introduced automotive chip-scale packaging technology (a-CSP) for HelsinkiHelsinki LLondonondon OlsoOlso Empower the Sensing by Greater Synergy Creates BelgiumBelgiumMunichMunich DeDetrtroiloil Technology More Value for Customers LLouisvilleouisville Tian jinTian jin BeijingBeijing SeoulSeoul SantSanta Clara Claraa Xi'anXi'an JapJapanan High Synergy for Supply Chains and Clients R&D Center Sales Office provides customers with technical support and efficient services, and establishes a communities surrounding its operations and collaborates with its highly efficient and coordinated supply chain system. We incorporate ESG-related employees to participate in social welfare initiatives, contributing to the The diversity and independence of the Board of Directors contribute to providing multi-dimensional perspectives for corporate governance, helping enhance the effectiveness of decision-making. We have developed the Board Diversity Moreover, after taking the operating and financial conditions and the future development of the business into account, Policy, and the Nomination Committee shall take our business model and specific needs into account when selecting during the Reporting Period, the Company repurchased 11,213,200 shares through centralized competitive bidding, director candidates and proposing improvement advice. The Nominating Committee selects director candidates safeguarding shareholders' rights and interests as well as the value of the Company. In the middle of 2024, upon the based on a variety of criteria, including but not limited to gender, age, race, language, culture background, educational approval of the shareholders' general meeting, we paid the 2023 cash dividends of RMB 0.14 per share (including tax) background, industry experience and professional skills. to all registered shareholders (as of the close of business at SSE on the record date), totaling RMB 167,603,477.30 in In addition, we believe that in the event of a potential material interest conflict, independent directors can facilitate cash. At the end of 2024, upon the authorization of the shareholders' general meeting and the approval of the Board by the business department, and assisted by external lawyers", to ensure that our operations comply with export control At the same time, the Company extends its business ethics requirements to partners such as agents, contractors, and and economic sanctions regulations. The Company continuously improves trade compliance, seeking profession consultants we collaborate with. The Company has established the Supplier Code of Conduct to clearly communicate assistance from external lawyers for the legal department in assessing potential risks and proposing constructive our business ethics standards to suppliers, ensuring that business cooperation is carried out in accordance with high- response strategies, so as to boost the Company's global development through compliant operation.integrity principles. During the Reporting Period, Will Semiconductor did not experience any violations of business Assign roles and responsibilities to CSIRT members. CSIRT Liaise with relevant administrative leaders and stakeholders in the event of Segment the key internal Deploy the data loss prevention tool Deploy next-generation antivirus Leader an incident. systems from the external across the Company and regularly software across all endpoints to Ensure adherence to incident response plans and established procedures.network. Sensitive data and enhance its data classification ensure comprehensive coverage systems are stored in trusted framework to categorize sensitive of desktops, laptops and servers. zones within our internal data based on confidentiality levels. Utilize antivirus software that network, while public- Utilize data platform to restrict the incorporates advanced machine facing applications and transmission scope of confidential Investigate and analyze incidents to determine their nature and impact.learning and behavioral analysis processes are placed in the documents, thereby preventing Implement mitigation and remedial measures. CSIRT to continuously detect and demilitarized zone (DMZ). both intentional and unintentional Members Document all actions and findings during the incident response.mitigate unknown and evolving This approach minimizes data lea kage by employees. Collaborate with other teams and external partners as required.external threats. the exposure of sensitive Establish document approval Upgrade our computer firewall policies and implement automated systems and routinely review Integrate a data security document circulation workflows traffic strategies to filter out protection system into the in alighment with established external threats. R&D intranet to provide policies to ensure that documents Legal counsels, public relations representatives, IT engineers, HR Other Implement continuous Network R&D personnel with a are approved and distributed as Roles in representatives and other relevant personnel will join the response team as Security Monitoring (NSM) and virtual terminal for securely required. CSIRT needed. Security Information and Event transferring data between Activate the log traceability Management (SIEM) systems to the intranet and public function to monitor and track the enhance network security. networks. This enables R&D circulation and approval progress of CSIRT structure and functions personnel to securely access Develop a comprehensive patch documents. intranet resources while management program to ensure maintaining the security and that security patches for systems control of data transfer. are applied in a timely manner. Measures for preventing information leakage Meanwhile, our employees and suppliers are held accountable for the protection of information. New employees must enter into the Confidentiality Agreement and commit to comply with relevant regulations under the Labor Contract. Employees are required to regularly change their personal passwords and two-factor authentication is enabled, further enhancing the security of information access. Before partnering with suppliers, the Company requires them to fulfill that an appropriate and effective ESG risk management system is in place. Additionally, it reports The ESG composed of the Board of Directors, the ESG Committee, and the ESG Working Group. Each level of organization has a Committee ESG-related risks and opportunities to the Board of Directors and ensures the effectiveness of the clear division of labor and responsibilities to ensure comprehensive supervision, management, and execution of ESG- system. formulated and disclosed the Environment, Social Responsibility, and Governance Policy, aiming to provide guidance Composed of four groups: Environment Working Group, Product Working Group, Employee for the Company's actions in environmental protection, social responsibility, and corporate governance. This ensures The ESG Working Group, and Governance Working Group. These groups are responsible for implementing that while the Company achieves its business objectives, it can effectively manage environmental and social risks and Working ESG management policies approved by the ESG Committee, managing and reporting ESG topics, achieve long - term sustainable development. Group and reporting on the progress of ESG work to the ESG Committee.
and referring to guidelines such interviews and discussions, and situation of Will Semiconductor, Return to shareholders Shareholders Meeting Compensation and welfare development system Meanwhile, the Company steadily increases R&D investment in various product areas to fully guarantee product upgrading and new product development, steadily enhancing the product competitiveness. During the Reporting Period, the Company invested RMB 3.245 billion in semiconductor design and R&D, accounting for 15.00% of the The Company invested RMB 32.45 billion Company's semiconductor design and sales revenue, representing a 10.89% increase compared to the previous year. The Company had 4,865 patents in total, with an increase of 190 patents Benefiting from our innovative R&D mechanisms, exceptional research teams, and sustained resource commitments, 2024 over last year we have achieved substantial accomplishments in technological innovation. As of the end of the Reporting Period, the Target Company had 4,685 licensed patents, 204 utility model patents and 2 design patents. Additionally, the Company had Developed green technology and products with high energy efficiencyReview 135 layout design registrations, and 83 software copyright registrations.Provided better solutions for first-line brands in the fields of automotive, Customer professional instruments and equipment, the laboratory is capable of carrying out online reliability testing for six product lines of mass-produced products in the Songjiang plant, and monitoring the reliability of the products in a  |