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2020 Annual Corporate Social Responsibility Report


The “2020 Corporate Social Responsibility Report of Zhejiang Huanfang Automotive Electrical Appliances Co., Ltd.” summarizes and reflects the company’s efforts in 2020 to advance sustainable economic and social development, while also fulfilling its social responsibilities in areas such as product quality, environmental protection, and workplace safety.

This report is the first annual corporate social responsibility report for 2020.

This report adheres to the Global Reporting Initiative’s Sustainability Reporting Guidelines and, in accordance with the China Federation of Industrial Economics’ “Guidelines on Corporate Social Responsibility for Chinese Industrial Enterprises and Industry Associations” and the Chinese Academy of Social Sciences’ “Guidelines for Preparing Corporate Social Responsibility Reports,” is prepared in line with the fundamental principles set forth therein. Drawing on the ISO 26000 Guidance on Social Responsibility and taking into full account the expectations of stakeholders, the report has been developed in consideration of Huanfang Company’s specific circumstances.

The reporting period for this report is from January 1, 2020, to December 31, 2020.

This report covers the company’s efforts in areas such as corporate profile, quality, environmental protection, safety, employee well-being, and charitable giving, striving to achieve a win-win value proposition that balances economic, social, and environmental sustainability.