Environment
Mingyang Electric adheres to the philosophy of environmental protection and continuously promotes the green energy transformation. The company is committed to strengthening environmental pollution prevention, advancing ecological civilization construction, and implementing strategies for carbon peak and carbon neutrality. It actively responds to climate change and takes concrete actions in line with national initiatives, striving to achieve harmonious coexistence between humans and nature.
¥535,600
Environmental Investment
38.29
kgce/10000 CNY
Comprehensive Energy
Consumption per Unit of Output
2,473,200
kWh
Renewable Energy Utilization
120,300
Fresh Water Consumption
(Focus on 2023)
  • Dual Carbon Action Plan
    Mingyang Electric actively responds to national calls for the “dual carbon” goals of achieving carbon peak and carbon neutrality, implementing a series of measures to combat climate change and advance a green, low-carbon transition.
  • Renewable Energy Supports Low-Carbon Transformation
    Mingyang Electric Industrial Park Builds Distributed Rooftop Photovoltaic Project, with an Installed Capacity of 4MW. In 2023, the Phase II Factory Rooftop Photovoltaic Power Generation Reached 2,473,200 kWh, with Carbon Emission Reduction of 1,410.53 Tons and Coal Savings of 304.01 Tons.
  • Low-Carbon Transformation Footprints
    • In 2023, Mingyang Electric obtained the "National Green Factory" title.
    • On the National Ecology Day in 2024, Mingyang Electric was selected as a "Comprehensive Green Transformation Typical Case".
  • Green Operations Supporting Dual Carbon Action
    Energy-Saving Measures; Resource Conservation; Green Procurement; Green Commuting; Digitalization and Paperless Office; Environmental Protection Advocacy.
Society
Mingyang Electric firmly remembers its corporate mission of "Energizing Creation, Serving the World," believing that "an excellent enterprise should not only focus on profitability and economic benefits, but also persistently shoulder social responsibilities and earn social respect." The company actively engages in public welfare, providing sponsorships in areas such as disaster relief, poverty alleviation, culture, education, and social infrastructure, thereby delivering corporate care to every corner of society.
0
Occurrence of Safety Accidents
98.96%
Customer Satisfaction Rate
100%
Supplier Integrity Agreement Signing Rate
120
Safety Education Activities
(Focus on 2023)
Products and Services
  • Solidifying Quality Foundations
    Consistently adhering to the "Four Zero" quality behavior guidelines: zero tolerance for product quality defects, zero product quality integrity violations, zero environmental and safety complaints, and zero-distance product service response. Cultivating and inheriting a quality culture of "getting it right the first time and continuous improvement".
  • Constructing Quality Assurance Systems
    Establishing a scientific and rational quality management system, embodying the craftsmanship spirit of "persistent focus, precision, meticulousness, and pursuit of excellence" to build robust quality system guarantees.
  • Risk Management Preparedness
    Integrating the Quality Management System (QMS) with OA, ERP, PLM, D-HUB, SUPERPANAEL, SRM, CRM, FMEA, MES, WMES, QCC, and other systems to identify, control, and eliminate risks.
  • Dedicated Service Delivery
    Guided by customer satisfaction, following the service philosophy of "dynamic service, touching customers", continuously optimizing customer service management and enhancing service quality.
Value Chain Management
Adhering to the principles of mutual benefit and win-win development, we are committed to establishing trusted, stable, and mutually beneficial cooperative relationships with suppliers and partners across the industrial chain's upstream and downstream.
Strategic Collaboration, Information Collaboration, Communication Collaboration, and Institutional Collaboration - these Four Collaborative Approaches support value chain management.
Supplier Access, Supplier Assessment, and Supplier Improvement Management Procedures Ensure Value Chain Security.
Employee Rights and Interests
  • Our Rights Protection Commitment
    Adhering to the principle of "people-centered" management, we safeguard employees' legitimate rights and interests, improve our compensation and benefits system, uphold democratic management, actively create a respectful, inclusive, and diverse workplace environment, provide employees with comfortable, safe, and harmonious working conditions, establish stable and harmonious labor relations, and mutually achieve success with our employees.
  • Our Comprehensive Benefits
    Based on the knowledge, skills, experience, and educational requirements of each position, we provide employees with competitive compensation. In addition to fixed and performance-based salaries, we offer special benefits including holiday allowances, transportation subsidies, emergency bonuses, and travel expense reimbursements.
  • We Prioritize Women's Rights and Interests
    We protect the legal rights and special interests of female employees in areas including labor compensation, working hours, rest and leave, occupational safety and health, insurance benefits, and professional training. We resolutely oppose workplace harassment and are committed to safeguarding female employees' rights, welfare, safety, and professional development.
  • Employee Training and Development
    We customize training plans tailored to employees at different organizational levels.
    We establish both "Management Development Pathways" and "Professional Development Pathways", implementing a "Dual Career Channel" development model that meets the promotion needs of personnel across various job types and ensures smooth career advancement channels.
Social Contribution
  • Caring for Education, Laying Bricks for Public Education
    We have donated to the "Hope Project" and various educational funds. This has improved educational conditions in impoverished areas, awakened society's awareness of educational importance, and promoted the development of fundamental education.
  • Supporting Rural Revitalization, Building a Harmonious Society
    We actively participate in community development support, driving local community construction and economic development, regularly conducting community charitable activities, and establishing harmonious and friendly relationships with community residents.
  • Spreading Love Across Humanity, Standing United in Difficult Times, Mingyang Provides Support
    We assist impoverished regions, participate in major disaster relief and reconstruction efforts, ensure power supply in disaster-affected areas, and contribute our strength to community building.
Corporate Governance
Mingyang Electric focuses on improving its internal governance system, with the primary purpose of enhancing corporate governance capabilities. We strictly adhere to relevant laws and regulations, including "the Company Law of the People's Republic of China", "the Securities Law of the People's Republic of China", and "the Corporate Governance Guidelines for Listed Companies". We are committed to: Establishing and improving enterprise management systems, Elevating standardized operational levels, Continuously optimizing governance structures, Strengthening refined management approaches. These efforts are designed to ensure compliant and sound business operations.
Compliance Management
Compliance management is an essential path to high-quality corporate development. Mingyang Electric is committed to: Governing the enterprise through legal means, Strengthening compliance management, Enhancing risk management capabilities, Upholding the principles of integrity in business operations, Implementing compliance management with practical and concrete actions.
Excellent Governance
  • Comprehensive Governance Structure
    The company has established a corporate governance framework comprising the Shareholders' Meeting, Supervisory Board, Board of Directors and its specialized committees, and relevant functional departments. This structure creates a governance mechanism with clearly defined responsibilities, standardized operations, and mutual checks and balances, ensuring: A sound corporate governance structure, Efficient operational mechanisms, Transparent decision-making processes.
  • Three-Tier Operational Mechanism
    Through coordinated operations of the Shareholders' Meeting, Board of Directors, and Supervisory Board, we: Protect the legitimate rights and interests of the company and its shareholders, Guarantee standardized corporate operations.
  • Protecting Investor Interests
    We actively safeguard investor rights through: Comprehensive information disclosure, Strategic investment management, Shareholder feedback mechanisms.
Anti-Corruption and Integrity Promotion
We are committed to: Strengthening fair competition awareness, Rejecting all forms of behind-the-scenes manipulation and commercial bribery, Maintaining a "zero-tolerance" approach to corruption, Preventing illegal and undisciplined behaviors, Enhancing professional ethics education, Creating a fair and orderly competitive environment. We implement strict confidentiality measures for reporting, protecting the legal rights of whistleblowers.

Anti-Corruption Hotline:+86 0760-28138198-8253 (Extension)
ESG Ratings
BBB
Huazheng
B+
Shangdao Lvye
AA
Zhiding
Report
Policy

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