Wanxiang Qianchao Co.Ltd(000559)
2021 Social Responsibility Report
1、 Summary
Wanxiang Qianchao Co.Ltd(000559) shares were listed on the main board of Shenzhen Stock Exchange in January 1994. Since listing, the company has gradually developed from a single universal joint product at the beginning of listing to a series of products such as transmission system, braking system, chassis suspension system and bearing system, realizing the development and upgrading of professional products from parts to components to system integration and modular supply. The products are widely supplied to automobile OEMs outside China, and has become one of the largest independent suppliers of automobile parts in China. The company has been selected as the sample stock of "Shenzhen Stock Exchange 100" and "Shanghai Shenzhen 300" index for many consecutive years. In 2017, China's A-Shares were included in the global emerging market index system, and the company was included in MSCI Emerging Market Index A shares. It has established an image of excellent performance, stable operation, standardized operation and good growth in the securities market.
Focusing on the long-term development vision of "building into a first-class supplier of auto system parts" and the business policy of "management informatization, development branding, service networking, capital marketization and cooperation globalization", the company has adopted the strategy of combining all forces that can be combined, using all available resources and mobilizing all positive factors that can be mobilized, so as to concentrate on the development of mainstream markets outside China. While pursuing economic benefits and protecting the interests of shareholders, actively fulfill the "create value for customers, create interests for shareholders, create prospects for employees and create prosperity for the society." Enterprise purpose and mission. In 2021, the company will continue to concentrate high-quality resources and unswervingly conquer joint venture main engine plants and key customers in China. On the basis of ensuring the batch supply and market share of the original customer supporting projects, continue to explore the high-end market. The key breakthrough projects this year include: Wanxiang Seiko BMW U11 wheel hub bearing unit project, Volkswagen Anhui MEB platform project, Daimler Mitsubishi Fusang project of transmission shaft company, Chang'an Mazda j34c project of constant speed drive shaft factory, Dongfeng Nissan Nissan l21b project, FAW Hongqi C100 project, etc. Focus on technology and product innovation, improve technology R & D capability and pay close attention to product R & D to ensure the sustainable and steady development of the company. Improve resource efficiency and efficiency, and repay shareholders and society with good performance.
The company has successively won the first Zhejiang provincial government quality award, the nomination award of the first China Quality Award, the national intellectual property advantage enterprise, Zhejiang technological innovation demonstration enterprise, Zhejiang top 100 high-tech enterprises, China's top 30 automobile industry, Zhejiang leading cultivation enterprise of scientific and technological innovation, 2020 national quality benchmark and other honors, universal joint, transmission shaft, brake, fuel tank Exhaust system and other products are recognized as China's famous brand products and universal joint products, and won the commendation award of China's world famous brand and China Industrial award. During the reporting period, the company actively fulfilled its social responsibility and won the nomination award of the fourth China Quality Award, the second prize of Zhejiang science and Technology Progress Award and other honors. This report comprehensively and systematically summarizes the social responsibilities of the company in 2021 in terms of the protection of the rights and interests of shareholders and creditors, the protection of the rights and interests of employees, the protection of the rights and interests of suppliers, customers and consumers, environmental protection and sustainable development, public relations, social public welfare undertakings and targeted poverty alleviation. At the same time, it finds out the gaps and deficiencies through continuous analysis and comparison, and formulates the corresponding rectification plan.
This report is prepared in accordance with the guidelines on social responsibility of listed companies of Shenzhen Stock Exchange and other relevant provisions, and in combination with the specific situation of the company in the performance of social responsibility.
2、 Performance of social responsibility
(I) protection of the rights and interests of shareholders and creditors
1. Construction of internal control system
In strict accordance with the company law, the securities law, the guidelines for the governance of listed companies and other laws and regulations, as well as the relevant provisions of the articles of association, the company has further improved the corporate governance structure, standardized the company's operation, and continuously improved the decision-making, supervision and operation management system with the general meeting of shareholders, the board of directors, the board of supervisors and the management as the main structure in accordance with the construction of the internal control system. In recent years, the company has continued to promote internal control evaluation and risk management. The board of directors conducts self-evaluation on the company's internal control every year and discloses the internal control evaluation report. At the same time, the accounting firm is hired to verify the company's internal control evaluation report.
During the reporting period, the company maintained effective internal control in all major aspects. In accordance with the basic norms of enterprise internal control and its supporting guidelines, the company further improved the construction of internal control system, improved post responsibilities and internal inspection system, strengthened audit supervision, optimized the company's internal management process and improved the construction of the company's internal control system.
2. Convening of the general meeting of shareholders
The company has established a relatively perfect corporate governance structure, formed a complete internal control system with its own characteristics, and established an interactive platform with investors to ensure fairness, openness and impartiality to all shareholders, so that all investors can fully enjoy the legitimate rights and interests stipulated in laws, regulations and the articles of association of the company.
During the reporting period, the company informed the time, place and method of the general meeting of shareholders in accordance with the relevant provisions of information disclosure, and fully disclosed the specific contents of each proposal, so as to ensure the right to know of the majority of small and medium-sized shareholders and facilitate their investment decision-making. The meeting adopted the combination of on-site voting and online voting to ensure that shareholders can fully exercise their rights. During the reporting period, the company held 1 annual general meeting and 0 extraordinary general meeting. The convening and convening procedures of the general meeting were in line with the provisions of the company law, the securities law and the articles of association. When related party transactions were involved in voting, related shareholders avoided voting. During the reporting period, all proposals submitted by the company to the general meeting of shareholders for deliberation were voted by shareholders.
3. Conscientiously fulfill the obligation of information disclosure
During the reporting period, the company strictly fulfilled the obligation of information disclosure in accordance with the company law, the securities law, the administrative measures for information disclosure of listed companies, the stock listing rules of Shenzhen Stock Exchange and relevant systems of the company, and disclosed all kinds of information of the company in a timely, true, accurate and complete manner, including related party transaction announcement, guarantee announcement, non-public offering of shares and other major matters. In the process of information disclosure, the company attaches importance to both result disclosure and process disclosure, which ensures the shareholders' right to know the company's major events and operating performance. During the reporting period, the company did not have unfair information disclosure such as selective information disclosure.
4. Implementation of profit distribution plan
The fifth meeting of the ninth board of directors held on March 25, 2021 considered and approved the company's profit distribution plan for 2020, and distributed 2.00 yuan in cash (including tax) to all shareholders for every 10 shares based on the existing total share capital of 3303791344 shares.
The 2020 annual general meeting of shareholders of the company held on May 18, 2021 reviewed and approved the profit distribution plan of the company in 2020; On June 30, 2021, the company published the announcement on the implementation of profit distribution in 2020 in the securities times and cninfo. On July 14, 2021, the company implemented and completed the profit distribution plan.
5. Protection of creditors' interests
During the reporting period, while paying attention to the protection of shareholders' rights and interests, the company attached great importance to the protection of the legitimate rights and interests of all creditors, including banks, suppliers and other creditors.
In the process of major business decisions, the company has fully considered the legitimate rights and interests of creditors, timely fed back major information related to their creditor's rights and interests to creditors, and strictly performed the debt contracts signed with creditors.
The company has established stable long-term cooperative relations with many banks. On the basis of obtaining high credit evaluation and favorable loan interest rate, the company uses funds in strict accordance with the loan agreement and repays the loan principal and interest in time. There has never been overdue repayment of principal and interest and bad credit record.
6. Investor relations management
During the reporting period, in strict accordance with the guidelines for the standardized operation of companies listed on the main board of Shenzhen Stock Exchange, the investor relations management system and the information disclosure management measures, the company answered investors' inquiries and fed back relevant information to the management in a timely manner by timely disclosing regular and interim reports, receiving investors' on-site visits, answering questions from the investor relations interactive platform and communicating by telephone. The company received and interacted with investors on the status quo of the company's strategy and development, and listened to investors' opinions and suggestions on the development of the company's business in the future.
(II) protection of employees' rights and interests
1. Implementation of labor contract law
During the reporting period, the company earnestly fulfilled the employer's obligations, earnestly implemented the labor contract law, defined the requirements for the common development of the company and employees, gave full play to the role of the company's labor dispute mediation committee, timely mediated labor disputes, and effectively protected the legitimate rights and interests of the company and employees. There were no major labor disputes during the reporting period.
2. Employee welfare guarantee and participation in the company's operation and management activities
During the reporting period, the company revised Wanxiang Qianchao Co.Ltd(000559) personnel management system and other relevant systems to further clarify the rights of employees. All employees have fully paid various social insurance benefits such as pension, industrial injury, unemployment, basic medical treatment, serious illness medical treatment and maternity insurance, and paid housing provident fund.
During the reporting period, the company held regular human resources meetings, regular employee meetings, employee mailboxes and other forms of communication with the majority of employees, carried out the evaluation of "entrepreneurship", "innovation" and "creation" awards, and mobilized employees to carry out reasonable suggestions in the form of "my proposal", and handled more than 995 practical matters for employees. The reasonable demands of accommodation, transportation, salary and treatment reflected by employees shall be solved. At the same time, according to the characteristics of the company's large number of foreign employees, an apartment type employee living area is provided to make the employees live comfortably and at ease.
3. Employee recruitment and vocational training
During the reporting period, the company introduced 232 professional and technical personnel, and the proportion of skilled workers above senior workers accounted for more than half of the skilled workers, further optimizing the human resource structure.
The company actively strengthened the construction of internal training teachers, and did a good job in the training of technical quality engineers, marketing management, high skilled technicians, secondary training management and standardization. Affected by the epidemic, 97 primary training and 523 secondary training were completed throughout the year, with 100% staff training coverage and 24.11 training hours per capita.
During the reporting period, the company actively organized and carried out employee vocational skill training, and 27 employees have passed the skill level examination organized by the company and obtained the technician vocational skill level certificate. In order to apply for subsidies for qualified senior talents, they have applied for the living allowance for senior talents, and more than 40 people have obtained the recognition and living allowance for senior talents, which provides great convenience for employees to settle down and their children to go to school.
(III) safety production
1. Safety management
During the reporting period, the company further improved the company's occupational health and safety and environmental management system in accordance with the requirements of national work safety law and other relevant laws and regulations, passed the supervision and audit of environmental management system and occupational health and safety management system certification, implemented safety supervision, inspection and training, gradually normalized and standardized safety management, and deeply implemented the safe production policy of "safety first and prevention first".
During the reporting period, relying on safety administrators at all levels, the company promoted safety management at all levels and strengthened the role of basic work in safety production. At the same time, we will continue to conduct high-frequency inspections of grass-roots units, focusing on production site safety management, hazardous chemicals control, labor protection, fire protection and other aspects, so as to improve employees' awareness of self safety protection and the habit of abiding by regulations and codes. The feedback form was issued for the potential safety hazards found in various inspections, and the rectification and follow-up review were carried out within a time limit, which greatly improved the safety management level of the company.
During the reporting period, the company had no major machinery, equipment, fire and other safety accidents, and all indicators were within the control range.
2. Safety training
During the reporting period, the safety production responsibility system of personnel at all levels from top to bottom was implemented, the safety production target management was implemented, more than 700 safety production inspections and more than 120 company level safety training were organized, and employees were organized to carry out department level and team level safety training for many times. This includes the certification training for special operators, mainly including high and low voltage electricians, forklift drivers, crane drivers, welding and thermal cutting operators, equipment managers, etc. the employment rate of special types of work with certificates is 100%.
3. Emergency rescue drill
During the reporting period, the company carried out emergency rescue drills. According to the actual situation of the company, the company carried out all staff fire-fighting knowledge training and drills and gas leakage emergency disposal drills, which further improved the employees' ability to deal with sudden accidents on site and emergency rescue.
4. Safety input
During the reporting period, the company improved the safety infrastructure, established micro fire stations, strengthened safety education and training, improved the safe operation conditions of employees and ensured the health of employees.
(IV) protection of the rights and interests of suppliers, customers and consumers
During the reporting period, in accordance with relevant national laws and regulations, to ensure the sound operation of the company, in order to prevent the occurrence of violations of laws and disciplines in business transactions, our company signed integrity and anti-corruption agreements with customers, signed integrity commitments with suppliers, and established an open and transparent price competition mechanism. During the reporting period, the company did not engage in commercial bribery, and gradually eliminated the intermediate suppliers of commercial trade. The products were directly faced with customers, with more transparent prices and more direct services, which protected the rights of suppliers, customers and consumers. The sales management team continues to play the role of representing customers internally, strengthen internal quality supervision, deeply understand the needs of existing and potential customers through monthly market meetings, and formulate measures and responsibility teams according to the different needs of different customers, so as to promote the improvement of product quality, improve customer satisfaction and improve market share.
The company fully implemented the systematic methods of quality risk identification, upgrading, control and improvement, with remarkable results. There were no major quality and safety accidents inside and outside in 2021. Qcqs Wanxiang Qianchao Co.Ltd(000559) quality system has been fully implemented and continuously improved, and the operation level of quality system has been significantly improved. Key projects such as hub unit BMW U11 project, universal joint hande axle project and transmission shaft Daimler Fusang project have been obtained. At the same time, constant speed drive shaft products have entered Nissan full ball system and Mazda system; Hub unit products have entered Dongfeng Honda system and Volkswagen Anhui system; The bearing enters the getrak system, and the customer recognition is gradually improved. At the same time, the quality improvement forms a long-term mechanism, focusing on the continuous improvement of top problems in terms of internal losses and market claims, and the comprehensive quality loss cost shows a downward trend year by year.
During the reporting period, the company had no major quality and safety accidents and no major quality complaints.
(V) environmental protection and sustainable development
During the reporting period, through continuous technological innovation, intelligent equipment transformation and "one flow" intelligent manufacturing, the company effectively realized "four reductions and two improvements" with "machine replacement", improved the level of process equipment, and introduced advanced technology, equipment and management standards
