INDONESIA HUABAO INDUSTRIAL PARK

Zhenshi won the Asian Corporate Social Responsibility Award

　　On October 31st, the 2024 Asia Responsible Enterprise Awards (ARE) ceremony, hosted by the Asian Chamber of Commerce, was held in Shanghai. Zhenshi's practical fulfillment of responsibilities and active contributions in social welfare have won the "Social Welfare Development Award".

　　As an ESG award, ASIA has recognized over 800 companies' ESG and sustainability practices since 2011, with award-winning companies located in 19 countries across Asia. The theme of this year's Area is "Building an ESG Driven Future Vision", which is closely related to the constantly evolving global landscape today.

ESG， Essentially, it is high-quality new productivity. As one of the top 500 Chinese enterprises, Zhenshi continuously enriches the connotation of corporate responsibility and is committed to integrating ESG concepts into every aspect of corporate development, making it a driving force for high-quality development of the enterprise.

Prioritizing common prosperity and fulfilling responsibilities. Zhenshi insists on developing progress and co creating with employees, sharing development dividends with society. Through technological innovation and industrial upgrading, Zhenshi not only enhances the competitiveness of the enterprise, but also provides a large number of employment opportunities for society, creating nearly 20000 job positions and ranking among the top taxpayers in Jiaxing City. Widely organize and participate in various charitable and public welfare activities such as education assistance, poverty alleviation, and medical assistance in society. The "Zhenshi Shimen Town Charity Education Fund" has been awarded for 6 consecutive years, and a total of 388 outstanding teachers and students in the town have been rewarded, while 429 disadvantaged students have received financial assistance. We have invested 20 million yuan to establish the "Zhenshi Charity Wealth Fund" and continue to explore new paths for charitable wealth sharing.

　　Open and inclusive, mutually beneficial and win-win. Zhenshi takes the initiative to "go global" and cooperate with the "the Belt and Road" countries for win-win results, respects the religious beliefs, customs and habits of overseas workers, and actively integrates into the local economic, social and environmental development. Benefiting the local people through various ways and adhering to the localization, specialization and marketization of overseas employment, it has provided nearly 10000 jobs in Indonesia, Egypt, Türkiye, Spain and other places, with the employee localization rate of more than 80%, and has painted a picture of harmony along the "the Belt and Road".

　　Open and inclusive, mutually beneficial and win-win. Zhenshi takes the initiative to "go global" and cooperate with the "the Belt and Road" countries for win-win results, respects the religious beliefs, customs and habits of overseas workers, and actively integrates into the local economic, social and environmental development. Benefiting the local people through various ways and adhering to the localization, specialization and marketization of overseas employment, it has provided nearly 10000 jobs in Indonesia, Egypt, Türkiye, Spain and other places, with the employee localization rate of more than 80%, and has painted a picture of harmony along the "the Belt and Road".