Zhejiang Changyi Valve Co., Ltd.

April 20, 2022

foreword

    1. Social responsibility means that an enterprise undertakes responsibilities to employees, consumers, the environment and society while creating profits, pursuing development, and safeguarding the interests of shareholders. As a leading enterprise in the domestic valve industry, Zhejiang Changyi Valve Co., Ltd. has the courage to assume social responsibilities. While developing the company, it continuously improves its corporate governance structure, conducts in-depth energy conservation and emission reduction work, actively participates in social welfare undertakings, and promotes a comprehensive and natural relationship between the company and society. ,Coordinated development.

    2. This report as a whole covers the social responsibility fulfilled by the company in 2021. Based on the long-term and continuous performance of social responsibility, the contents covered in this report include but are not limited to 2021. It is hoped that this report can become a bridge for the communication and circulation between the company and all walks of life, and a window for investors, consumers, suppliers, customers and creditors to understand and recognize the company. At the same time, all sectors of the society are welcome to supervise the company and give more valuable opinions for the sustainable development of the company, so that the company can better progress and develop, and can also better return to the society.

    3. This report is prepared in accordance with the "Company Law" and other relevant laws and regulations and normative documents, combined with the company's actual situation in fulfilling social responsibilities, and is a summary of the company's work related to fulfilling social responsibilities in 2021. It has been announced on the official website http://www.changyivalve.com/.

Chapter 1 Company Profile

    Zhejiang Changyi Valve Co., Ltd. is a professional stainless steel valve enterprise integrating scientific research, manufacturing and sales. It has rich experience in product design and processing and manufacturing and a complete quality control and after-sales service system. Using foreign manufacturing technology, it is designed and manufactured in strict accordance with Chinese GB, American ANSI, German DIN, Japanese JIS and other standards.

    The main products are one-piece, two-piece, three-piece threaded ball valve, one-piece, two-piece, three-piece flanged ball valve, quick connector, three-way T-type L-type ball valve, threaded and flanged gate valve globe valve, Filters, check valves, high platform ball valves, sanitary valve fittings, pneumatic electric valves, various precision casting blanks and valve balls and other products.

    The quality of the products is guaranteed and continuously improved. Establish an effective enterprise management system and quality assurance system for the enterprise. The company has successively obtained honorary certificates, such as TS special equipment manufacturing license, IS09001 quality management system certification, IS014001 environmental management system certification, and DHSAS18001 occupational health and safety management system certification.

Changyi products are suitable for petroleum, chemical industry, chemical fiber, metallurgy, medical machinery, papermaking, thermal insulation and refrigeration, mechanical equipment, food, electric power, water conservancy, construction, aerospace, submarine engineering, marine and shipbuilding, environmental protection, beverage, beer, military industry, boiler Heat Exchanger and other industries. And exported to Europe, America, Southeast Asia and other countries, the products have won unanimous praise from users for their reliability, warranty and service.

    The company adheres to the corporate culture concept of "showing wisdom and achieving what you want" and the service principle of "your needs, my goals" to create better products, high quality and better services for customers.

    Here we sincerely welcome friends to visit, inspect or inquire in our company with integrity, pragmatism and sincerity. We will strive to develop new products, continuously improve product quality, and advanced management concepts. Dedicated to serving customers at home and abroad. Let us cooperate for win-win and create success together.

Chapter II Protection of the Rights and Interests of Shareholders and Creditors

1. Shareholders are the foundation of the company's survival. The recognition and support of shareholders are the driving force for the sound development of the company. It is the company's obligation and responsibility to protect the rights and interests of shareholders and treat all shareholders fairly.

During the reporting period, the company strictly followed the relevant provisions of the Company Law and other laws, regulations and systems, rectified internal control deficiencies through corporate governance self-examination activities, and revised the Articles of Association, the General Manager's Working Rules, and the General Meeting of Shareholders. rule". Continuously control and improve corporate governance, standardize company operations with integrity, establish and improve internal management and control systems, and effectively improve the company's governance level.

2. Honors of the company over the years

serial number

Honorary name

Get time

Issuing unit

1

Zhejiang Province Science and Technology Small and Medium Enterprises

2015

Zhejiang Provincial Department of Science and Technology

2

Abide by the contract and re-credit

2018.07

Wenzhou Market Supervision Administration

3

High-growth technology-based SMEs in Zhejiang Province

2018.08

Zhejiang Provincial Department of Science and Technology

Chapter III Protection of the Rights and Interests of Shareholders and Creditors

Employees are the most important resource and wealth of the company. The relationship between the company and its employees is not just about hiring and being hired, but a cooperative relationship of interdependence and harmonious development. The company establishes and improves the labor union organization to promote the healthy and harmonious development of the company.

1. Build a harmonious labor relationship, protect and safeguard the basic rights of employees

The company strictly abides by the "Labor Law", "Labor Contract Law", "Regulations on the Implementation of the Labor Contract Law" and other laws and regulations. The company signs labor contracts with all employees in accordance with the principles of equality, voluntariness and consensus to protect the legitimate rights and interests of employees. The contract signing rate is 100%. The company had no labor disputes arising from labor relations management throughout the year.

2. Salary and benefits

In accordance with the principle of "excellent efficiency, sufficient incentives, and great rewards for contributors", the company has formulated the "Employee Remuneration Management Measures", established a remuneration system and all-round incentive measures, linked the results of employee performance evaluation with remuneration, and calculated and paid wages by category.

① For the company's directors and members of the management team, an annual salary system linked to performance is implemented.

② For companies or departments that are closely related to the company's efficiency and business performance, the economic responsibility system is implemented, and the salary of its employees is based on the post-assessment salary, and the performance evaluation results are distributed according to the economic responsibility system assessment results.

③ Special talents and senior experts are introduced within the company to break through the established framework and carry out focused compensation management.

④ For employees of management, technology, marketing, administration and logistics service departments of the enterprise, the salary distribution form combining job grade salary and monthly performance salary shall be implemented. Exam award.

⑤ Employees who are directly engaged in product production operations in the enterprise and who are subject to a fixed working hour assessment are implemented in the form of wage distribution based on piecework (working hours), and their remuneration is calculated and paid according to their completed performance.

The company's remuneration and welfare policies comply with relevant national laws and regulations, and monthly wages are paid in full and in time. The employee remuneration policy comprehensively considers external competitiveness, internal corporate nature and incentives. The company's overall remuneration level is based on factors such as corporate efficiency and social consumption level, and determines a reasonable range to be raised every year. The company pays social insurance (endowment insurance, medical insurance, maternity insurance, work-related injury insurance, unemployment insurance) for employees, and implements paid vacations, physical examinations and other benefits.

3. Training and development

The company has established systems such as "Employee Training Management Measures" and "Employee Career Development Management Measures", actively implemented the "inheritance + innovation" training mechanism, promoted the construction of learning organizations and talent echelon construction, improved the employee career development system, and created a The employment environment of fair competition and benign development continuously enhances the sense of ownership of employees and promotes the common growth of employees and the company. At the same time, the company strives to develop internal teaching staff, combines external intelligence, implements diversified training methods, systematized training courses, and focuses on the evaluation and improvement of training effects. Through systematic training, employees can improve their knowledge, skills, working methods and concepts.

4. Caring for employees

The company regularly carries out occupational health and safety education for employees to strengthen employees' safety awareness. Improve the working environment by installing special processing equipment for environmental protection; introduce advanced intelligent equipment to reduce the labor intensity of employees. in cultural life. The company distributes related benefits during the Mid-Autumn Festival and Spring Festival every year. The company holds an annual cultural year-end party and organizes employees to carry out various cultural activities. From time to time, we actively organize cultural and sports competitions, such as table tennis competitions, tug-of-war competitions, workshop skills competitions, etc., to enrich employees' holiday life.

5. Care about the work and life of employees

Senior leaders listened to the voices of the majority of employees in a timely manner, checked the effect of employee support and safeguard measures, and further solved the practical problems and difficulties of employees in work and life. An employee care fund was established to provide financial assistance to some employees who have difficulties in life or are sick every year. For named employee complaints, the company has opened a general manager hotline and mailbox to ensure smooth channels for employee complaints. Whether it is a suggestion or an opinion, the office provides detailed feedback on the feedback from personnel at all levels, so that employees can understand that the company pays attention to the ideas of employees, the company attaches great importance to the ideas of employees, and rewards employees for their rationalized suggestions to the company.

Solving the problem of schooling the children of migrant workers, who account for 70% of the total number of employees, is related to the stability of the workforce. The company actively sent personnel to contact the primary and secondary schools adjacent to the company, and received strong support from the school. It has been agreed that all the children of the company's migrant workers can enroll in the school and enjoy the same treatment as local students. This student assistance measure has benefited many foreign employees, and the company has solved the worries of their children's schooling nearby for foreign employees.

6. Implementation and improvement of safety and environmental management

①Strengthen the work of safety production responsibility system

Production must be safe, and responsibility letters are signed at every level. All departments and workshops systematically establish and maintain a safe production management system from the aspects of raising safety awareness, strengthening concept propaganda, and implementing various rules and regulations. At the beginning of the year, the company held a New Year's mobilization meeting and held the signing ceremony of the comprehensive safety management responsibility letter. The general manager of the company signed the "Safety Production Responsibility Letter" with the heads of various departments and workshops, and the safety goals were refined and quantified and implemented in each workshop. , and then implemented by the workshop to each employee.

②Safety publicity and training

In carrying out safety publicity and education, the company adopts expert training, watching safety education videos, and post-job training based on the safety characteristics of the posts. Adhere to the three-level safety education for new employees, and conduct safety education for managers, team leaders, and technical personnel. Make full use of safety special meetings, middle-level cadre meetings, all staff meetings, etc. to deploy, publicize, and communicate safety work. The special publicity window of the safety office takes safety as the key publicity content, so that all employees are aware of the "people-oriented, caring for life" concept of safety work. , put forward the change of safety awareness from "do not harm yourself" to "protect others from harm".

The company conducts safety education and training for all employees, regularly publicizes safety laws and regulations, and analyzes cases of safety accidents; the workshop educates on production characteristics, and the team educates on production safety issues. For the safety accidents that have occurred, analyze the causes of emergencies, formulate preventive measures, conduct on-site inspections of the same type of safety hazards, and carry out safety education for all employees. At the same time, "Safety Month" activities with various themes are held every year to strengthen education and solidify the management system for the main safety hazards exposed in the production process.

Chapter IV Protection of the Rights and Interests of Suppliers, Customers and Consumers

Based on the principle of "cooperation, mutual benefit and win-win", the company has established long-term strategic cooperative relations with key suppliers and key customers. The company's products are delivered directly to users, or to end users through distributors. Suppliers mainly include material suppliers, accessory suppliers and manufacturing collaborators. The company has established a complete supplier evaluation system. According to the importance of the supplied materials and the comprehensive evaluation results of suppliers, suppliers are divided into key suppliers and general suppliers, and differentiated management is implemented. Suppliers with long-term strategic cooperation, timely delivery and high quality are listed as key suppliers, and their key requirements are: cultural identity and win-win cooperation.

1. Establish strategic partnership with suppliers

① Supply rational cooperation

The company classifies suppliers into three categories: commercial type, priority type and strategic partner type according to the annual purchase volume and purchased materials, and follows the principle of paying equal attention to quality, cost, delivery and service.

The company attaches great importance to the hidden cost management of supply (purchasing cycle, inventory, transportation and other hidden costs), and the company incorporates suppliers into the timely delivery system to minimize inventory and reduce the company's total cost.

② Supplier assessment

The company adjusts the content of the list of qualified suppliers every year according to the comprehensive evaluation results of suppliers. When the company enters into annual supply agreements with priority suppliers and strategic partner suppliers, the company also enters into quality technical agreements as attachments to standardize and evaluate suppliers' quality management capabilities.

2. Focus on customer needs

Providing customers with reliable products and solutions is one of the important social responsibilities of the company. The company has made innovations and breakthroughs in product quality management and new product research and development.

①Establish a product quality tracking system

The products produced by the company implement a strict inspection system. The next process must inspect the previous process, and the quality inspector must conduct a strict comprehensive inspection system.

②Set up a quality improvement team

The company organizes and establishes a quality improvement working group. When the market reports quality problems or accidents, the working group will work with the technical department, material department, production department and other departments to solve the problem collaboratively, and implement the implementation and supervision of improvement measures.

3. After-sales service complaint management

The company has formulated the "After-sales Service Management Method", "Customer Satisfaction Measurement Method", etc., and established a satisfaction measurement and application management system. The sales department and the foreign trade department are the focal points for customer satisfaction measurement. They measure customer satisfaction in two ways: self-comprehensive investigation and entrusting a third-party professional organization to investigate. For different customer groups, design questionnaires with different focuses, determine the corresponding sampling ratio, and use the survey results for process improvement such as product design, production, and marketing services. The after-sales service department summarizes the service and quality complaint information every month, and timely feedbacks major or repeated quality problems to the technology, quality, and production departments, and analyzes and summarizes quarterly reports to form quarterly reports. , put forward improvement measures, communicated to various departments in the organization in the form of document notification, etc., and implemented and improved by each department.

Chapter V Environmental Protection and Sustainable Development

By strengthening the safety production education and publicity for employees, the company enables employees to establish the concept of safety production, and through special training such as induction training, job training, and job transfer training, employees fully understand how to achieve safe production and maintain a healthy working environment. At the same time, improve the information feedback system and strengthen the supervision mechanism to ensure the effective implementation of the environmental and occupational health and safety system.

In the process of product production, the company takes reasonable protection and protective measures for the personal safety and health of operators. The company has formulated safe operation procedures, common accidents and troubleshooting methods for each process, and installed technical control devices such as safety protection and protection design on the motors and electrical equipment of mechanical equipment, and added dust and other environmental hazards. The way of installing dust collectors and other devices ensures the safety of employees.

In order to provide a comfortable working environment for employees, the company has installed computers and air conditioners for each office, installed an exhaust system in the workshop, set up sufficient firefighting facilities and safety exits, and equipped a supply system.