Wuling Motors : ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 2023

ENVIRONMENTAL,

SOCIAL AND

GOVERNANCE REPORT

2023

五菱汽車集團控股有限公司

(Incorporated in Bermuda with limited liability)

香港聯交所股份代號

（ 於 百 慕 達 註 冊 成 立 之 有 限 公 司 ）

GROW AND INSPIRE WITH

L I M I T L E S S

INNOVATION

AND G L O B A L

INTELLIGENCE

WULING MOTORS HOLDINGS LIMITED - ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 2023

五菱汽車集團控股有限公司 - 二零二三年環境、社會及管治報告

CONTENTS 目錄

2	ABOUT THE REPORT	關於本報告
3	INTRODUCTION OF THE REPORT	報告簡介
3	SCOPE OF THE REPORT	報告範圍
4	REPORTING FRAMEWORK	報告框架
4	REPORTING PRINCIPLES	報告原則
4	Materiality	重要性
5	Quantitative	量化
5	Consistency	一致性
5	INFORMATION AND FEEDBACK	意見及反饋
6	MESSAGE FROM THE CHAIRMAN	主席致辭
10	BOARD STATEMENT	董事會聲明
11	ABOUT WULING MOTORS	關於五菱汽車
11	CORPORATE PROFILE	企業簡介
11	BUSINESS PHILOSOPHY	經營理念
12	CORPORATE CULTURE	企業文化
13	WULING'S ESG PHILOSOPHY	五菱汽車的 ESG 理念
15	2023 ESG HIGHLIGHTS	二零二三年 ESG 亮點
17	STAKEHOLDER ENGAGEMENT	持份者參與
25	OPERATIONS THAT ARE BUILT ON ETHICS	我們的營運立足於道德和治理的
	AND GOVERNANCE	基礎上
25	CORPORATE GOVERNANCE AND GOVERNANCE STRUCTURE	公司治理及管治架構
31	DIVERSITY POLICY	多元化政策
33	SHAREHOLDERS/INVESTORS' RIGHTS	股東╱投資者權益
35	RISK MANAGEMENT AND INTERNAL CONTROL	風險管理與內部控制
39	ANTI-CORRUPTION AND IMPROVING	反貪污與完善舉報機制
	REPORTING MECHANISMS
41	PROTECT INTELLECTUAL PROPERTY RIGHTS	保障知識產權
42	GREEN OPERATIONS, SAFEGUARDING	綠色營運，為地球可持續發展
	SUSTAINABLE DEVELOPMENT OF THE EARTH	保駕護航
43	GREEN AND LOW-CARBON DEVELOPMENT ROADMAP	綠色低碳發展路徑圖
45	SUSTAINABLE FACTORY DESIGN	可持續廠房設計
53	CREATING GREEN AND CONVENIENT MODES	打造綠色出行方式，便民利民
	OF TRANSPORTATION FOR THE BENEFIT OF
	THE PUBLIC
64	RESOURCE MANAGEMENT AND POLLUTION CONTROL	資源管理及排污管理
74	RESPONSE TO CLIMATE CHANGE	應對氣候風險

76	WINNING TRUST THROUGH QUALITY,	以質量贏得信任，以安全守護生命
	SAFEGUARDING LIVES THROUGH SAFETY
76	QUALITY ASSURANCE/PRODUCT SAFETY THROUGHOUT	生產全週期質量保證╱產品安全
	PRODUCTION CYCLE
87	DRIVING TOWARDS GLOBALISATION: INNOVATION-DRIVEN,	駛向全球：創新驅動、綠色可持續
	GREEN AND SUSTAINABLE
89	TECHNOLOGICAL INNOVATION AND DIGITAL	技術創新與數字化轉型
	TRANSFORMATION
92	TECHNOLOGICAL INNOVATION LEADS TO THE REVOLUTION	技術創新引領生產環節革新
	OF PRODUCTION PROCESSES
94	THE NEW PRODUCT HAS ACHIEVED VARIOUS TECHNOLOGICAL	技術創新與數智化轉型
	BREAKTHROUGHS
96	CONSUMER RIGHTS PROTECTION (CUSTOMER FEEDBACK,	消費者權益保護（客戶意見、隱私保護、
	PRIVACY PROTECTION, RESPONSIBLE MARKETING)	負責任營銷）
97	GREEN SUPPLY CHAIN	綠色供應鏈
100	RESPONSIBLE PROCUREMENT	責任採購
102 PEOPLE-ORIENTED, CREATING A BETTER WORK	以人為本，共創美好工作環境
	ENVIRONMENT TOGETHER
102	ADHERING TO INTERNATIONAL LABOR ORGANISATION	遵守國際勞工組織公約
	CONVENTIONS
103	OPTIMISING SALARY AND BENEFITS AND ESTABLISHING	優化薪資福利與建立和諧勞資關係
	HARMONIOUS LABORMANAGEMENT RELATIONS
107	EMPLOYEE OCCUPATIONAL HEALTH AND SAFETY	員工職業健康與安全
111	ATTRACTING HIGH-QUALITY TALENT AND PROVIDING A BETTER	吸納優質人才與提供更好的發展平台
	DEVELOPMENT PLATFORM
122 USING CARS AS A MEDIUM TO BRIDGE FOR	以汽車為媒，搭建公益橋樑
	PUBLIC WELFARE
122	STATE-OWNED ENTERPRISE RESPONSIBILITY, LEADING	國企責任，引領學術與行業良好發展
	ACADEMIC AND INDUSTRY DEVELOPMENT IN A POSITIVE
	DIRECTION
126	BOOSTING RURAL REVITALISATION WITH INDUSTRIAL	以產業振興助力鄉村振興
	REVITALISATION
130	CREATING COMMUNITY BENEFITS FOR HARMONIOUS SOCIAL	營造社區效益，促進社會和諧發展
	DEVELOPMENT
133 LIST OF POLICY AND PROCEDURE FOR	環境、社會及管治相關議題政策清單
	ENVIRONMENTAL, SOCIAL, AND
	GOVERNANCE-RELATED ISSUES
136 PERFORMANCE DATA SUMMARY	表現數據摘要
146	ASSURANCE STATEMENT	審驗聲明
151 HKEX ESG REPORTING GUIDE CONTENT INDEX	香港交易所《環境、社會及管治
		報告指引》內容索引

WULING MOTORS HOLDINGS LIMITED ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 2023

ABOUT THE REPORT

關於本報告

ABOUT THE REPORT

關於本報告

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二 零 二 三 年 環 境 、 社 會 及 管 治 報 告 五 菱 汽 車 集 團 控 股 有 限 公 司

ABOUT THE REPORT

關於本報告

INTRODUCTION OF THE REPORT	報告簡介
Wuling Motors Holdings Limited (the "Company" or "Wuling	五菱汽車集團控股有限公司（「本公司」或「五
Motors") and its subsidiaries (collectively the "Wuling	菱汽車」）及其附屬公司（統稱「五菱集團」、
Group", the "Group" or "We'") are pleased to publish the	「本集團」或「我們」）欣然發佈自二零二三年
Environmental, Social and Governance ("ESG") Report for	一月一日至二零二三年十二月三十一日（「本
the period from 1 January 2023 to 31 December 2023 (the	年度」或「報告期」）期間的環境、社會及管治
" Year" or the " Reporting Period" ). The ESG Report	（「ESG 」）報告。ESG 報告概述本集團過去一
summarises the efforts and achievements made by the	年在企業社會責任及可持續發展方面所付出
Group in corporate social responsibility and sustainable	的努力和取得的成就。
development over the past year.

SCOPE OF THE REPORT	報告範圍
During the Year, the ESG Report focuses on the policies	本年度，ESG 報告專注本集團於中華人民共
and measures of the Group's automotive businesses in the	和國（「中國」）汽車相關核心業務於環境管理
People's Republic of China (the "PRC") in respect of	和社會責任方面的政策及措施；而關鍵績效
environmental management and social responsibility. The	指標的披露範圍繼續集中各成員公司及辦公
disclosure of the key performance indicators ("KPIs") of the	室的表現，包括位於中國之柳州五菱汽車工
Year keeps on focusing on the performance of the	業有限公司（「五菱工業」）、柳州五菱柳機動
Group's member companies and offices, including Liuzhou	力有限公司（「五菱柳機」）、柳州卓通汽車部
Wuling Motors Industrial Company Limited (" Wuling	件有限公司（「柳州卓通」）、重慶卓通汽車工
Industrial"), Liuzhou Wuling Liuji Motors Company Limited	業有限公司（「重慶卓通」）、柳州五菱汽車工
("Wuling Liuji"), Liuzhou Zhuotong Automotive Components	業有限公司山東分公司（「山東分公司」）、湖

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WULING MOTORS HOLDINGS LIMITED ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 2023

ABOUT THE REPORT

關於本報告

Company Limited (" Liuzhou Zhuotong" ), Chongqing Zhuotong Motors Industrial Company Limited ("Chongqing Zhuotong"), Shandong Branch of Liuzhou Wuling Motors Industrial Company Limited ("Shandong Branch"), Hubei Zhuoda Automotive Components Company Limited ("Hubei Zhuoda") in the PRC, PT.LZWL Motors Limited ("Indonesian Company") located at Bekasi, Indonesia, and the office in Hong Kong. The ESG Report presents our sustainable development approach and performance in the environmental and social aspects of our business of the Year. The above scope is defined by whether the Group has operational control over the entities and the significance of their influence on the Group's performance and assets. Compared with previous years, the scope of the report this year has included Hubei Zhuoda Automotive Components Company Limited.

北卓達汽車零部件有限公司（「湖北卓達」）、 位於印尼貝卡西縣的PT.LZWL Motors Limited （「印尼公司」），以及位於香港的辦公室。ESG 報告呈列本年度內我們業務在環境及社會層 面的可持續發展方針及表現，此範圍乃根據 本集團是否擁有該實體的營運控制權及其對 本集團業績或資產有否重大影響而定。本年 度之報告範圍對比往年本年度之報告範圍對 比往年增加了湖北卓達汽車零部件有限公司。

REPORTING FRAMEWORK

報告框架

The ESG Report is prepared based on the "Environmental, Social and Governance Reporting Guide" set out in Appendix C2 to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited ("Hong Kong Stock Exchange") and complied with both Mandatory disclosure requirements and the "Comply or Explain" requirement set out therein.

ESG 報告依照載於香港聯合交易所有限公司 （「聯交所」）證券上市規則附錄 C2《環境、社 會及管治報告指引》所編寫，並遵守當中強制 披露規定及「不遵守就解釋」的條文。

REPORTING PRINCIPLES

Materiality

The content of the ESG Report is determined based on the result of stakeholder engagement and materiality assessment. These include identifying ESG-related issues, collecting and reviewing the suggestions of internal management and different stakeholders, assessing the relevance and materiality of issues, and compiling and validating the reported data. The ESG Report has covered a comprehensive range of material issues that are concerned by different stakeholders. For more information, please refer to "Stakeholder Engagement" under the section of "WULING'S ESG PHILOSOPHY".

報告原則

重要性

ESG 報告的內容乃根據持份者參與及重要性 評估的結果而釐定。其中包括識別與 ESG 相 關的議題、收集並審視內部管理層和不同持 份者的建議、評估議題的相關性和重要程度， 以及編製及核實所報告的資料。ESG 報告已 全面涵蓋不同持份者所關注的重要議題。更 多 資 訊 請 參 閱 本 報 告 關 於「五 菱 汽 車 的 ESG 理念」章節下的「持份者參與」部份。

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二 零 二 三 年 環 境 、 社 會 及 管 治 報 告 五 菱 汽 車 集 團 控 股 有 限 公 司

ABOUT THE REPORT

關於本報告

Quantitative

量化

Quantitative environmental and social KPIs are disclosed in the ESG Report so that stakeholders are able to have a comprehensive understanding of the Group' s ESG p e r f o r m a n c e . I n f o r m a t i o n o f t h e s t a n d a r d s , methodologies, references and sources, as well as the conversion factors used in these KPIs, are stated in the ESG Report wherever appropriate.

ESG 報告披露經量化的環境和社會關鍵績效 指標，有助持份者全面瞭解本集團的 ESG 表 現。這些關鍵績效指標的相關標準、方法、參 考文獻和數據來源的資料，以及該等關鍵績 效指標所用的轉換因子，均在 ESG 報告適當 的地方列出。

Consistency

一致性

To facilitate the comparability of the ESG performance between years, the Group adopts consistent report format and calculation methodologies as far as practicable. In case of any changes in methodologies, the Group will present and explain in details in the corresponding sections.

為方便比較不同年度之 ESG 表現，本集團已 在可行的情況下採用一致的報告形式及計算 方法。如方法有任何更改，本集團亦會於相應 的章節中呈列和詳細說明。

INFORMATION AND FEEDBACK	意見及反饋
For detailed information about the Group's environmental,	有關本集團環境、社會及企業管治的詳細信
social and corporate governance, please refer to the	息，請參閱五菱汽車集團控股有限公司的官
official website (http://www.wuling.com.hk) of Wuling	方 網 站（ http://www.wuling.com.hk ）。
Motors Holdings Limited. Should you have any questions or	若 閣下對此報告有任何疑問或建議，歡迎通
suggestions regarding this Report, please contact us via	過電郵聯絡我們：[e-mail]。
email: [e-mail].

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WULING MOTORS HOLDINGS LIMITED ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 2023

MESSAGE FROM THE CHAIRMAN

主席致辭

MESSAGE FROM THE CHAIRMAN

主席致辭

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二 零 二 三 年 環 境 、 社 會 及 管 治 報 告 五 菱 汽 車 集 團 控 股 有 限 公 司

MESSAGE FROM THE CHAIRMAN

主席致辭

GROW AND INSPIRE WITH LIMITLESS INNOVATION AND GLOBAL INTELLIGENCE

We have walked through the year 2023 which is full of changes in the never-ending pace of struggle, and the development of new energy vehicles is reshaping the pattern of the automotive industry and promoting the "Dual Carbon" goal to gradually fall into place. In the face of industrial change, Wuling Motors has actively responded to a variety of unanticipated impacts, determined the strategic direction of high-quality development, grasped the key window period of the transformation and upgrading of the automotive industry, and accelerated the momentum of the new power of development. In this context, the quality of our operations continues to improve.

創新無界，智動全球

在永不停歇的奮鬥腳步中，我們走過了充滿 變化的二零二三年，新能源汽車的發展浪潮 重塑著汽車產業格局，推動著「雙碳」目標逐 步落地。面對產業變革，五菱汽車積極應對各 種超預期衝擊，堅定高質量發展戰略方向，把 握汽車產業轉型升級的關鍵窗口期，發展新 動能加速蓄勢聚力，經營質量持續向好。

Faced with the pressure of "involution" in the automotive industry, Wuling Motors has been continuously creating value through innovative products and services. In 2023, we rapidly responded, continuously improved, and took multiple measures to meet and serve the existing market effectively. On the other hand, we have been proactively seeking new opportunities in the electromobility and vehicle lightweighting market, continuously moving towards high-end, intelligent, and green development. At our Jingmen base, three new vehicle models and 22 new products were successfully launched into mass production, with over 50% being matched with new energy vehicle models. In 2023, we achieved profitability. The domestically first ultra-high-strength steel tube hot bulging forming production line has been completed, addressing key industry challenges such as meeting automotive safety regulations and lightweighting requirements, and has successfully transitioned into practical application. In 2023, we undertook over ten types of hot bulging products for companies including Great Wall Motor and BYD, achieving independent mass production of key components for high-end models of Chinese self-owned brands. Wuling sightseeing buses provided services for major sporting events such as the Hangzhou Asian (Para) Games and the first National Student Games, receiving strong recognition from the organisers and significantly enhancing its influence.

頂住汽車行業「內卷」的壓力，五菱汽車用創 新的產品和服務不斷創造價值。二零二三年， 一方面快速響應、持續改進、多措並舉滿足和 服務好存量市場，另一方面主動尋找電動化、 輕量化市場的新增機會，不斷向高端化、智能 化、綠色化方向發展。我們的荊門基地三個新 車型22種新產品的爬坡量產，其中50% 以上配 套新能源車型，在二零二三年實現了盈利。建 成的國內首條超高強鋼管熱氣脹成型生產線， 解決汽車安全法規要求和車輛輕量化等行業 「卡脖子」難題並實現落地轉化，二零二三年 已承接包括長城、比亞迪等公司共十多種熱 氣脹產品，實現中國自主品牌高端車型關鍵 零部件的自主批量配套。五菱觀光車服務杭 州亞（殘）運會、全國第一屆學青會等重大體 育賽事，獲得主辦方的大力肯定，極大地提高 了影響力。

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Wuling1st Proof  03 AR2404060-B-Chairman _ P.8/9(N10)  24-04-2024>  22:46 24-04-2024  {Client}  (210x297)

WULING MOTORS HOLDINGS LIMITED ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 2023

MESSAGE FROM THE CHAIRMAN

主席致辭

Embarking on a dual journey into new energy sources, Wuling Motors is exuding a burst of vitality on the new track. After the production and sales of micro electric bridges exceeded 1 million, the coaxial electric drive bridge was the first to achieve commercialisation in China, providing support for Chang' an Kaicheng, Ruichi, Jianghuai, and other automotive enterprises. We also secured orders for electric bridge support for mainstream new energy commercial vehicles under leading companies such as Chery and Geely. In terms of engine modules, the company has formed a product layout of "upgrading traditional power technology + integrating new energy power development". The independently developed first small methanol engine and hydrogen internal combustion engine have successively ignited, further advancing toward the goal of zero carbonisation for internal combustion engines. Our joint venture company Wuling New Energy has launched the " LINXYS" brand, and the first hybrid minivan in China has been launched, with products being exported to traditional automotive powers or countries such as the United States, Japan, and Europe. Firmly positioning the new energy vehicle sector as a key direction for future development, Wuling Motors will employ combination of products, technology, and market strategies to continuously advance towards the goal of new energy business accounting for more than 50% of the Group's overall business.

With the development of society and economy, the operation of a company is inextricably linkedwith all sectors of the society. The achievements of Wuling Motors today and its continued progress on the path of sustainable development are inseparable from the support of its employees, as well as its close connections with upstream and downstream enterprises and partners. Therefore, while expanding our performance, we always adhere to the Company's ethical governance, and more systematically regulate the content of sustainable development in the form of internal codes and standards, striving to becomea model for the industry. In addition, Wuling Motors has also been actively involved in rural revitalisation and social welfare over the years, persistently investing manpower and material resources in places in need, and providing technical and economic support to help the areas out of poverty and into prosperity.

與新能源「雙向奔赴」，五菱汽車在新賽道上 正升騰著噴薄而出的活力。在微型電動橋產 銷突破100萬後，同軸式電驅橋配套長安凱程、 瑞馳、江淮等車企，在國內率先實現商業化落 地，同時還拿下了奇瑞、吉利等頭部企業旗下 主流新能源商用車電動橋配套訂單。發動機 模塊形成「傳統動力技術升級+ 新能源動力集 成開發」的產品佈局，自主研發的首台小型甲 醇發動機、氫內燃機相繼點火成功，朝內燃機 零碳化的目標更進一步。我們的聯營公司五 菱新能源發佈了「菱勢汽車」品牌，國內首款 混動小卡上市，產品更是遠銷美國、日本、歐 洲等傳統汽車強勢國家或國家。堅定把新能 源汽車領域作為未來重點發展方向，五菱汽 車 將 打 好 產 品、技 術 和 市 場 的「組 合 拳」，持

續 向 新 能 源 業 務 佔 集 團 整 體 業 務 比 例 高 於 50% 目標邁進。

隨著社會經濟的發展，公司的運營與社會各 界都在不停產生千絲萬縷的聯繫，五菱汽車 取得今天的成績，繼續在可持續發展之 路上 行進，離不開員工的支持，亦與我們的上下游 企業、合作夥伴緊密相連。因此，在擴展業績 的同時，我們始終堅守公司的道德管治，更系 統性地將可持續發展的內容以公司內部守則 和標準的形式進行規範，力爭形成業內楷模。 此外，五菱汽車多年來也積極投入到鄉村振 興與社會公益中去，堅持投入人力、物力到有 需求的地方，為幫扶地區的脫貧致富提供技 術與經濟的支援。

Seeking development in a changing environment and market presents both opportunities and entirely new challenges. The sustainable concept serves as a reference for corporate governance and strategic planning, aligning

在變化的環境和市場中謀求發展，是機遇更 是全新的挑戰，可持續的理念是公司管治和 策略制定的參照，符合國內外綠色、清潔發展 的趨勢，亦為我們面對氣候風險帶來的挑戰

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