Sustainable Development Governance

The Company is deeply rooted in the switching power supply industry - an important part of the power supply industry. The power supply industry, mainly relying on power electronic technology, is a multidisciplinary industry that includes power semiconductor, frequency conversion technology, electromagnetic technology, microcomputer and automation. Seeing the surging demand for electrical power because of the proliferation of devices, the Company leverages proactive management, strengthens its environmental, social and governance (ESG) management framework by leveraging proactive governance enhancements, enhancing the sustainable raw material procurement and usage, employee relations and corporate governance for further comprehensive benefit. Furthermore, the Company built up a sound risk management system to address risks related to rapid technology development of power electronics, fluctuating raw material costs, and established compliance and governance mechanisms to ensure day-to-day operations comply with laws and regulations, which results in its high quality and sustainable development.