Stock Abbreviation：Ningbo Port

Stock Code：601018

NINGBO ZHOUSHAN PORT COMPANY LIMITED

Contact Address: Global Shipping Plaza No.269 Ningdong Road

Yinzhou District Ningbo City Zhejiang Province

Postal Code: 315042 2023

Tel: 0574－27686151

Fax: 0574－27687001 Environmental Social and

URL: http://www.nbport.com.cn Governance Report

E-mail: ird@nbport.com.cn

Ningbo Zhoushan Port Company LimitedContents

Governance Social Future

Chapter Chapter Chapter

Preface to the report Party Building and Party Leadership Supporting the "Belt and Road" Initiative The 14th Five-year Plan for Development

Corporate Governance Accelerating Openness and Development ESG Development Planning

About this Report ESG Governance Promoting Regional Economic Development 2024 Energy Conservation and Emission

Investor Relations Management Promoting Rural Revitalization Reduction Plan

Interpretation of the Report Information Disclosure Embracing Corporate Social Responsibility

Risk Control Moving Forward Together with Employees

Board Statement Intellectual Property Rights

Safety Management

Chairman’s Message Integrity Building

About Us Business Ethics

Supplier Management

Environmental Service

Chapter Chapter Appendix

Environmental Protection Service Quality Annual ESG Performance Data

Energy Conservation Emission Reduction Service Efficiency Reporting Standards Index

and "Dual Carbon" Goals Customer Service Laws and Regulations

Smart Low Carbon Smart Port Comments and FeedbackPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

About this Report

Introduction This is the first Environmental Social and Governance Report ("ESG Report") issued by Ningbo Sources of The data is derived from relevant statistical data of Ningbo Zhoushan Port Co. Ltd.. Unless

Zhoushan Port Co. Ltd. after the Company had issued Social Responsibility Reports ("CSR Information otherwise stated the currency units referred to in this report are "RMB".Report") for 13 consecutive years. This year the Company upgraded the CSR system to an ESG

system and benchmarked against domestic and international standards for the preparation of

ESG reports and prepared the first ESG report in accordance with the principles of truthful- Confirmation This report was considered and approved by the Board of Directors of the Company on 26

ness completeness accuracy and reliability disclosing the Company's ongoing achievements March 2024.in actively addressing the opportunities and challenges of sustainable development and and Approval

integrating ESG development into the Company's operation and management.Distribution This report can be downloaded from the website of Shanghai Stock Exchange

Reporting January 1 2023 to December 31 2023 with portions retroactive to prior years. Channel (www.sse.com.cn) or the Company's official website (www.nbport.com.cn).Period

Report Contact address: Global Shipping Plaza No.269 Ningdong Road Yinzhou District Ningbo

Reporting Ningbo Zhoushan Port Co. Ltd. and its subsidiaries within the scope of consolidated finan- Feedback and City Zhejiang Province

Boundary cial statements. Contacts Postal code: 315042

E-mail: ird@nbport.com.cn

Tel: 0574－27686151

Reporting This report is an annual report. Fax: 0574－27687001

Cycle

References The Report has been prepared with primary reference to the following standards:

United Nations Sustainable Development Goals (SDGs)

Global Reporting Initiative: Sustainability Reporting Standards (GRI Standards)

State-owned Assets Supervision and Administration Commission: Reference Index System

for ESG Special Reports of Listed Companies Controlled by Central EnterprisesInternational Organization for Standardization: Guidelines for Social Responsibility（ISO

26000:2010）

Standardization Administration of China: Guidance on Social Responsibility Reporting

(GB/T 36001-2015)

Chinese Academy of Social Sciences: China Corporate Social Responsibility Reporting

Guidelines (CASS-ESG 5.0)

Self-regulatory Guidelines for Listed Companies on the Shanghai Stock Exchange No. 1-

Standardized Operation

Self-regulatory Guidelines for Listed Companies on the Shanghai Stock Exchange No. 2-

Management of Information Disclosure Matters etc.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Interpretation of the report

Interpretation Items Interpretation Content Interpretation Items Interpretation Content

the Company Our Company Wenzhou Port Group Wenzhou Port Group Co. Ltd.Ningbo Port Us Ningbo Zhoushan Port Co. Ltd.Ningbo Zhoushan Port Group Ningbo Zhoushan Port Group Co. Ltd. Jiaxing Port Zhejiang Seaport Jiaxing Port Co. Ltd.Zhejiang Seaport Group Zhejiang Provincial Seaport Investment & Operation Group Co.， Ltd. Yongzhou Company Zhoushan Yongzhou Container Terminal Co. Ltd.CMPort China Merchants Port Group Co. Ltd. Meidong Company Ningbo Meidong Container Terminal Co. Ltd.SIPG Shanghai International Port (Group) Co. Ltd.International Logistics Ningbo Port International Logistics Co. Ltd.CSRC China Securities Regulatory Commission

Yiwu Port Company Zhejiang Yiwu Port Co. Ltd .SSE Shanghai Stock Exchange

Zhoushan Port Company Ningbo Zhoushan Port Zhoushan Port CO. Ltd.SASAC of Zhejiang Province State-owned Assets Supervision and Administration Commission of Zhejiang Provincial People's Government

SASAC of Ningbo City State owned Assets Supervision and Administration Commission of Ningbo Municipal People's Government Yigangtong Company Zhejiang Yigangtong E-commerce Co. Ltd.Dual First Class World-class ports world-class enterprises Taicang Wanfang Taicang Wanfang International Terminal Co. Ltd.Ningbo Ocean Ningbo Ocean Shipping Co. Ltd.Port area A port area composed of docks and their supporting facilities

Toumen Port Affairs Zhejiang Toumen Port Affairs Co. Ltd.Dock Hydraulic facilities for docking vessels loading and unloading cargo and boarding and disembarking passengers with in the port area

Beilun First Container Terminal Ningbo Beilun No.1 Container Terminal Co. Ltd.Berth Fixed positions for docking ships and loading and unloading cargo at port terminals

Beilun Second Container

Terminal Branch Ningbo Zhoushan Port Co. Ltd. Beilun No.2 Container Terminal Branch

TEU The Chinese translation and abbreviation for Twenty foot Equivalent Unit is an international unit of measurement

Beilun Third Container Terminal Ningbo Beilun No.3 Container Terminal Co. Ltd. based on a container measuring 20 feet in length 8 feet in width and 8.5 feet in height.The quantity of goods transported by water into and out of the port area within a certain period of time and loaded

Beilun Ore Terminal Branch Ningbo Zhoushan Port Co. Ltd. Beilun Ore Terminal Branch Throughput and unloaded by port enterprises

Shulanghu Company Zhoushan Shulanghu Terminal Co. Ltd. The subsidiary of the Company Ningbo Ocean Shipping Co. LTD was listed on the main board of the Shanghai Carveout Stock Exchange after its spin off.Taicang Wugang Taicang Wugang Port Co. Ltd. It refers to "Yiwu Port" which is an inland port area with port functions such as container return booking and port

The Sixth Port Area supervision after the five container port areas of Beilun Chuanshan Meishan Daxie and Jintang in Ningbo Port.Ningbo Oil Port Barge Ningbo Oil Port Barge Co. Ltd.It refers to a system that provides power from the shore to the side of the ship during the docking period at the port.Shore power Shore power mainly ensures that after the ship docks it still needs electricity for production and living on board

Ningbo Zhenhai Port Ningbo Zhenhai Port Co. Ltd. as well as electricity for continuous operation of auxiliary equipment.Ningbo Port Railway Ningbo Port Railway Co. Ltd. CCA Second carrier agreement or public barge agreementPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Board Statement

Ningbo Port highly recognizes the global ESG and sustainable development trend. Focusing on the ESG development goal of "Becoming a world-class esg bench-

Focusing on the goal of "Dual First-class " construction the Company earnestly mark and demonstration enterprise" the Company has formulated ESG assess-

implements the new development concept of "Innovation Coordination Green- ment indicators covering low-carbon transformation emission compliance safe

ness Openness and Sharing" and explores the path of ESG development in the operation efficient governance service quality intelligent development and

culture of "Strong Port " and deeply integrates the ESG concept into operation and other aspects taking into account the Company's current situation industry

management. We also promoted the completion of the establishment of the ESG trends and stakeholders' demands and has made every effort to promote the real-

organizational structure and the formulation of the ESG development plan and ization of the Company's ESG development goals.the "Dual Carbon" development plan.The Board of Directors of the Company is the highest entity responsible for ESG

issues and the highest decision-making level of ESG initiatives and is fully responsi-

ble for the planning and deployment of the Company's ESG development strategy

the formulation of the Company's ESG policies and the supervision and evalua-

tion of the progress of the Company's ESG targets practice progress performance

and other related matters.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Chairman’s Message

We have taken the lead in grasping the trend of global low-carbon development guided by the national carbon peak

and carbon neutrality strategy. Adhering to the development principle of "Ecological Priority Green and Low-Carbon"

Thousands of sails are racing and hundreds of boats are we have established a scientific and comprehensive environmental management system building a green port

competing. In the process of comprehensively implementing benchmark. By the end of 2023 we have a total of five affiliated port enterprises that have obtained the national four-

the spirit of the 20th National Congress of the Communist star green port and effectively reduced greenhouse gas emissions through the construction of clean energy systems

Party of China under the guidance of accelerating the

promotion of the circular economy and the "Dual Carbon" such as shore power.strategy in China and in the wave of low-carbon and

digital development of the global port shipping industry We continue to enhance the "5G+ Informatization" capabilities of the port and accelerate the demonstration construction of

Ningbo Zhoushan Port Co. Ltd. has earnestly implement- "2+1" intelligent terminals. Amid the global digital transformation we have always used innovation as an engine

ed the spirit of General Secretary Xi Jinping's important achieved accelerated construction of "Smart Ports" improved multiple digital intelligent platforms and intelligent

speech during his visit to Zhejiang Province and Ningbo systems optimized service capabilities with first-class facilities and technologies and consolidated safe operation

Port. Focusing on the construction of a world-class strong capabilities. We have won the "Special Award" of the China Ports & Harbours Association Science and Technology

port and a world-class demonstration enterprise we will Award in 2023 and the four-star smart port.build the world's vital port and shipping logistics hub the

world's important bulk commodity storage and transportation We have always adhered to the philosophy and commitment of "business for Good". Internally we adhere to people-orient-

base and the world's important maritime characteristic

shipping service center around the "Three Major Target ed principles care for the health safety and growth of our employees and build a development platform that creates

Positions" of "Five First-Class Strong Ports" such as navigability and shares value with them. Externally we continue to expand our network of friends deepen cooperation with large

throughput capacity storage and transportation capacity domestic and foreign port and shipping enterprises jointly promote the construction of world-class ports and seize

connectivity capacity and intelligent governance capacity. new opportunities for industry development with domestic and foreign partners and customers. Based on serving

We will write a new chapter in the field of environment national strategies we actively promote regional economic development and fulfill our public welfare responsibilities.society and governance (ESG) and continue to contribute

to the construction of a maritime power in China. Looking ahead we will consistently uphold the banner of high-quality development. Guided by the objectives of building a

"Double First-class" entity and serving the "Dual Circulation" strategy we will remain steadfast in our founding

mission to "Build a World-Class Port and Create Exemplary Value". We will closely align our efforts with the national

strategic initiatives implement the new development concepts and vigorously advance on this new journey striving

to generate greater value for our shareholders customers employees partners society and the nation.We regard ESG as a significant support for the Company to move towards "Dual First-class" and comprehensively build

an ESG management system on the basis of the existing social responsibility system promoting in-depth integration of

ESG management with Company's operation and management. We have deepened ESG development from multiple

aspects such as ESG strategic top-level design ESG management structure and mechanism construction ESG risk Ningbo Zhoushan Port Co. Ltd.management and ESG work implementation and achieved certain results. The Ningbo Port we operate has ranked Chengbo Tao

first in global port cargo throughput for 15 consecutive years and third in container throughput for six consecutive

years becoming a "Hardcore" force serving global customers serving the "Belt and Road" initiative and national Chairman

strategies such as the construction of the Yangtze River Economic Belt and the integrated development of the Yangtze

River Delta.Corporate Culture

Corporate Vision: To Become a Leading Global Integrated Logistics Service

The "Three Ones" Cultural Objectives Provider with Ports As the Core

One team: We are committed to building a dynamic and capable excellent team. By uniting "Five Ports as Focusing on enhancing our core port operations we are committed to innovative development creating

One" we forms a cohesive and aligned force functioning like fingers clenched into a fist. This advantages in talent service systems and management. We are strategically advancing the construction

unity not only serves as the backbone of our vibrant and ascending enterprise but also acts as of "Four First-Class" standards dedicated to becoming a leading global integrated logistics service provider

the driving force behind our focused and centralized development. with ports at the core.One culture: We are dedicated to cultivating a robust port culture characterized by mutual support and

solidarity. Rooted in our common heritage we uphold the Zhejiang spirit of practical engagement

leading innovation and pioneering excellence. By fostering a culture where service creates

value and perseverance fulfills dreams we not only perpetuate and innovate upon our corporate

cultural genes but also fuel our drive to strengthen and enhance our enterprise. Core Value: Service Creates Value Struggle Achieves Dreams

One dream: We are committed to realizing the dream of an exceptional strong port. Keeping our original

mission in mind we stride towards building an international first-class strong port and creating a

world-class port cluster. This vision is not only a collective aspiration of all our employees but Service Creates Value Struggle to Achieve Dreams

also an inexhaustible driving force for the sustainable development of our enterprise. Service is the cornerstone of enterprise development. Dreams are forged through effort. We champion the

We advocate maximizing the value for all stakeholders principle that hard work pays off prioritizing efficiency

through service winning customers leading the while considering fairness. Through persistent endeavor

Cultural Theme: "Strong Port" Culture market and rewarding the society with high-quality we aim to realize dreams reap happiness and secure a and efficient service. promising future.Looking back at the history we have worked hard and overcome difficulties progressing from inland rivers

to estuaries and from estuaries to the ocean thereby estabilishing a vibrant source of developmental Corporate Spirit: Love for The Port Dedication to Duty

momentum. The dream of a strong port is the common wish of generations of port people. Looking to the

future we are determined and committed to excellence shouldering the sacred mission of building an Relentless Perseverance and Pursuit of Excellence

international first-class strong port. The culture of "Strong Port" is the driving spiritual force behind our

enterprise's sustainable development.Love for the Port and Dedication to Duty embody a spirit of courageous responsibility characterized by

We will follow the "Three-Step" strategic vision accelerating the creation of an internationally renowned loyalty to the enterprise and treating the port as one's own home. This spirit of dedicated service is pivotal

first-class strong port and a world-class port cluster to fulfill our collective "Strong Port Dream". in establishing a new image in the modern era.Relentless Perseverance represents a spirit of proactive and enterprising initiative. It involves facing

challenges head-on daring to take responsibility and being determined to advance showcasing new

achievements in the modern era.Corporate Mission: To Build a First-Class Strong Port and Create Good Values The Pursuit of Excellence is a spirit of innovation that transcends oneself. It involves relentless effort

striving for top-tier performance and leading the forefront creating new accomplishments in the modern era.Building We consistently adhere to the new development concepts accelerating the construction of an

a first-class international first-class strong port and developing a world-class port cluster aiming to swiftly

strong port: achieve the objectives of "Four First-Class" standards and the "Strong Port Dream".Creating We are committed to maintaining first-class service dedicated to creating the greatest value

good for our customers employees partners society and the nation.value:Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Main Honors of the Year

Award Award Award Winning Units Organiser Award Winning Units Organiser

Excellent Unit in National Transportation Ningbo Port China Association of Transportation Zhejiang Listed Companies Ningbo Port Zhejiang University

Enterprise Culture Construction Enterprise Management " Top 30 Internal Control"

2023 Best Practice Creation Activity for Ningbo Port China Association for

the Board of Directors of Listed Companies Public Companies Best Service Provider Ningbo Port CITIC Pacific Special Steel Group Co. Ltd.Best Practices for the 2022 Annual Report Ningbo Port China Association for First Prize for Quality in Asia Beilun Second Asian Quality Function Deployment

Performance Briefing of Listed Companies Public Companies Container Terminal and Innovation Committee

Branch

100 Best Practice Cases of Chinese Listed Ningbo Port China Association for Excellent Innovation Workshop for Beilun Second China Association of Communication

Companies in the Ten Years of Jointly Building Public Companies Transportation Enterprises Container Terminal Enterprise Management

the "the Belt and Road" Branch

Special Prize of 2023 China Port Association Shulanghu Company China Port Association

Zhejiang Province Intellectual Property Ningbo Port The People's Government of Science and Technology Progress Award

Award · Trademark Award Second Prize Zhejiang Province

2022 Ningbo Listed Companies Leading Ningbo Port The People's Government of First Prize of 2023 China Port Association Taicang Wugang China Port Association

the Way in High Quality Development Ningbo Municipality Science and Technology Progress Award Yongzhou Company

Top 100 Comprehensive Enterprises Ningbo Port Ningbo Enterprise Federation Second Prize of 2023 China Port Association Meidong Company China Port Association

in Ningbo City in 2023 (25th) Entrepreneur Association and Science and Technology Award

Federation of Industrial Economics

The 5th New Wealth Best Listed Company Ningbo Port New Wealth Magazine Third Prize of 2023 China Port Association Beilun Third China Port AssociationScience and Technology Progress Award Container Terminal

Tianma Award for Investor Relations of Ningbo Port Securities Times

Chinese Listed Companies Four-star Green Port Shulanghu Company China Port Association

"Golden Roundtable Award" Ningbo Port Directors & Boards Magazine

- Best Board of Directors Four-star Smart Port Meidong Company China Port Association

ISO37301 Achievement Award Ningbo Port The Second Chief 2020-2023 Provincial Nautical Society Toumen Port Affairs Zhejiang Navigation Society

Compliance Officer Forum Science and Technology AwardPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Party Building and Party Leadership Bilateral lntegration and Co-promotion

Ningbo Port implements the work requirements of "Integrating the whole company bilateral integration and co-promotion"

In 2023 guided by Xi Jinping's thought on Socialism with Chinese Characteristics for a New Era Ningbo Port profoundly continuously enriching the work in practice accumulates "Bilateral Integration" experience. The Company strove to

understood and grasped the requirements of "Exercising full and rigorous self-governance and advancing the great new achieve an integration of party building with business operations and corporate governance yielding numerous practical

project of party building in the new era." Focusing on the three key aspects of "Construction Management and Operation" work achievements.the Company integrated party building work with production and business operations promoted the construction of

"Dual First-class" initiatives and realized party building co-creation and service development. Working with Front-Line Workers

Since September 2021 the Company has organized the work of managers of terminal

companies to follow shift operations at front-line positions while the terminal companies

have formed management teams to participate in production task forces achieving full

coverage of key positions.In 2023 2414 managers from the Company's 19 terminal units participated in 24200

work shifts including 42 members of the terminal company's leadership team. They

identified and resolved 859 issues established and refined 42 production task forces

The First Convention of the Communist Party of China (CPC) Representatives (Oct.2023) and conducted 170 drills and practical exercises.Theme-based Education

In 2023 Ningbo Port carried out deeply engaged in educational activities themed around studying and implementing

Xi Jinping’s Thought on Socialism with Chinese Characteristics for a New Era. The Company developed and refined

four detailed work lists for the theme education and formed a weekly tracking and feedback mechanism to promote the

implementation of the tasks of the theme education. Ningbo Port organized in-depth and practical learning of the "Ten

Million Project " experiences the "Pujiang Experience " and the spirit of Xi Jinping's important speeches. By integrating

learning with application and using learning to promote action the Company effectively followed up on issues related

to corporate reform and development helping to resolve practical problems concerning corporate reform development

performance evaluation and distribution that concern and affect the workforce.Follow-up work promotion meeting Managers shadowing frontline positions

Thematic Advocacy

Focusing on the three-year special action of "Creating

efficiency in operation improving efficiency in

innovation and increasing efficiency in management"

the Company vigorously publicized the progress of

the initiatives experience and typical stories of the

Conducting thematic education and learning activities grassroots implementations of the world-class

strong port construction project. This initiative

aims to foster an atmosphere of "learning from

In 2023 others and catching up with others". A total of 420

articles were published on the "Three Efficiency

The Company has identified a total of 235 thematic education topics carried out 433 investigations and Actions" special page in 2023 and two special

studies and completed the rectification of all the problems identified. issues of the "Three Efficiency Actions" newspaper

were compiled. "Three Efficiency Actions" Special PagePreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Special Action for Party Building Political Learning: The Company strictly implements systems such as the "First Agenda Item" system "Pre-Major Decision Special Study" system and the "Party Committee’s Theory Learning Center Group Study" system.Throughout the year eight central party committee group studies were conducted focusing on the spirit of General

For many years Ningbo Port has been carrying out the special action of "Strengthen Party Building to Promote Secretary Xi Jinping's important speeches during his inspections in Zhejiang as well as the major directives from

Development Be a Model to Strive for Excellence". The Company closely integrates the party building efforts with the central and provincial party committees. In 2023 22 party committee meetings were held discussing 182

the production and operations using it as a crucial lever to drive central work initiatives. topics. Among these the "First Agenda Item" included 148 contents related to General Secretary Xi Jinping’s

important directives on party building and organizational work.In 2023 the Company carried out the "Service 'Dual Cycle' Construction 'Dual First-class' Theme Education and

Practice and 'Strong Party Building for Development Doing Exemplary Work for Advancement' Special Action"

focusing on the weaknesses in production and operation intelligent construction green development party

building and integrity building promoting 33 projects led by the secretaries of the party organizations 136

projects of the team members 266 innovative projects of the party branches and 4037 projects of party members'

practical work to achieve the effect of breaking the problems.The Company Carried Out Party Committee Central Group Study

Party Building: The Company continuously promotes party building activities among industry academia and

research institutions as well as upstream and downstream enterprises deepening party building integration

across industry chains supply chains innovation chains and capital chains. Notable established joint party building

bodies include the Yangtze River Area Beilun Ningbo Port Building Zhejiang-Wanzhou Supply Chain Sea Railway

and the "Red Drive" industry and supply chain.Grid-based Party Building: The Company has established a grid-based party building mechanism dividing the

grids among front-line organ collective dormitory temporary project and other groups establishing a party

building grid management system by "Setting up a Grid Selecting a Person Setting up a Responsibility" and

disposing of unexpected problems in a hierarchical manner. 2385 grids have been set up covering more than

Basic Work of Party Building 25000 employees.Grassroots Special Party Building

Ningbo Port adheres to a clear directive to focus intensively on the grassroots level continuously enhancing the

political and organizational functions of party organizations. The Company effectively implements the "Three To further improve the quality of party building work Ningbo Port continued to deepen the creation of grass-

Meetings and One Lesson " system organizing timely participation of employee party members in party congresses roots characteristic party building brands. By the end of the reporting period 179 out of 259 grass-roots party

party group meetings and party lessons. Ningbo Port regularly convenes branch committee meetings to ensure branches (general branches) of the Company had implemented the creation of party building brands.that party members are promptly informed about the party's policies and directives strengthen their own development

and fulfill their roles as pioneers and exemplary models. Case "1010" Party Building Brand—the Party Branch of Engineering and Technology Department of Beilun First Container Termina

Focusing on "Ten Minutes" and "To Spirit" the meaning is intuitive and easy to understand. The branch emphasizes the

Implementation of the "Three Meetings and One Lesson" Program importance of "Spirit in Protection" "Spirit in Innovation"and "Spirit in Employees." They uphold the commitment of

addressing any issue within ten minutes through the practice of "One phone call resolved within ten minutes".The

brand awareness of "To Spirit" has been successfully tested in practice. The team belonging to the branch was

General Meeting of Party Members of Each Branch: once per quarter Party Group Meeting: once per month awarded the National Workers' Pioneer and the National Five-star Site of Transport Industry.Branch Committee: once a month Party Class: once per quarter

Party Membership

By the end of 2023 the total number of Party members was 4947

171 Party members developed in 2023Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Case Ship Management Centre Party Branch - "3605" Party Building Brand Corporate Culture Publicity

Adhering to the service commitment promoting "360° All-Round Protection Ensuring 365 Days of Ningbo Port vigorously carries forward the socialist core

All-Weather Safety Production". The Party has been awarded "National Workers' Vanguard" and "Youth values fosters new cultural norms within the port and

Civilization" at the municipal level for a number of the tugboats. drives the deep-rooted implementation of the "Strong Port

Culture." The Company develops "star-rated" civilized

windows and civilized factories and teams (operating lines)

and having earned the honor of "National Transportation

Enterprise Culture Construction Award " for five consecutive

years.Selected As "2023 National Transportation Enterprise Culture

Construction Excellence Unit" Achievement List

Case "World-class Port Construction Project" Theme Tour Lecture

In 2023 the Company launched a series of touring lectures themed around the "World-Class Strong Port

Construction Project." These lectures systematically presented the promising "blueprint" the detailed

"construction plans" and the actual "live scenes" of the port's development through 14 core stories. This

initiative aimed to unify public thought and consensus towards building a stronger port.Case Ningbo Zhenhai Port Grocery Team Party Branch - "Precision Resilience and Specialization" Party Building Brand

Focusing on "Precision" "Resilience" and "Specialization" the Company has strengthened management

and team training driving the transformation of team construction from "standardization and personalization"

to "branding". This upgrade has stabilized the team enhanced production safety and improved quality and

efficiency. A robust defensive stronghold has effectively been established at the production frontline.Case Craftsmanship "Azure" Series of Activities

In 2023 the Company further promoted its Azure Culture

brand by organizing more than 10 talks under the "Speaking

Azure" series and held 28 sessions led by model workers and

skilled craftsmen. A total of 11 units and over 760 employees

attended these sessions listening to inspiring and uplifting

narratives. Additionally model workers and craftsmen

visited educational institutions to share with students and

teachers the developmental journeys of port industry workers

dedicated to strengthening port construction further

enhancing the promotion of corporate culture.Craftsmanship "Azure" Series of ActivitiesPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Corporate Governance Governance Structure

Ningbo Port has always been committed to improving the internal governance structure and upgrading the level of

Ningbo Port continues to strengthen the construction of corporate governance structure further enhancing the level of corporate governance. In compliance with the relevant laws and regulations set by regulatory authorities and tailored

standardized operation of the Company. The Company makes timely and compliant information disclosure actively to the actual circumstances the Company has established the "Three Councils and One Layer " governance structure

maintains investor relations and effectively protects the legitimate rights and interests of all shareholders. with clear powers and responsibilities standardization and rationalization. This structure includes the General Meeting

of Shareholders the Board of Directors the Supervisory Board and the Management all of which rigorously adhere to

the Company’s articles of association and the respective procedural rules each fulfilling the designated duties responsibly

thus ensuring the standardization and efficiency of corporate governance.Governance Objectives

Leveraging its robust governance standards the Company was awarded the "New Fortune Top 50 Best Listed Compa-

nies " in 2023 and the "2022 Ningbo Listed Companies with High-Quality Development Leading Goose Enterprise " by

Ningbo Port focusing on the goal of "Dual First-class" construction goals takes "enhancing quality and efficiency" as the Ningbo Municipal People's Government.the main theme striving to build a "Triple Excellence" listed company.Corporate Governance Structure Chart

General Meeting of

Shareholders ESG Committee

Supervisory Board

Strategy Committee

Office of Board of Directors Audit Committee

the Supervisory Board

Good Fundamentals Good Corporate Governance Good Reputation Among Investors

Office of Remuneration and

Appraisal Committee

The Company is dedicated to cultivating Continuously improve the corporate Adhering to the original intention the Board of Directors

its core business actively enhancing its governance structure enhance the of protecting investors and giving

production and operational performance modernization of the governance back to them fully respecting and Nominating Committee

to maintain a solid foundation. This effort system and governance capacity safeguarding investors' interests. Management Layer

is aimed at promoting the healthy stable improve the system covering all We have a smooth communication

and sustainable development of the levels of corporate governance mechanism and a sound information

port's main business. Additionally the operation and management and disclosure management system to

Company is focused on optimizing the internal control norms improve the ensure timely accurate complete

quality by maintaining industry-leading level of the company's operation and and fair information disclosure of

levels in asset quality profitability and management and risk prevention listed companies.shareholder returns. ability and promote the manage-

ment of standardized scientific and

transparent.Union Office

Ministry of Supervision

and Audit

Party and Mass Work

Department

Safety Health and

Environment Department

Investment Management

Department

Engineering Technology

and Information Department

Human Resources

Department

Finance Department

Corporate Management

Department

Business Department

Corporate OfficePreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

New Fortune Top 50 Best Listed Companies 2022 Ningbo Listed Company with 2023 Best Practices for Boards of Directors of Golden Roundtable Award - Best Board of Directors

High Quality Development Head Goose Enterprise Listed Companies - Examples of Excellent Practices

Working Mechanisms Board Independence

The Company has formulated the "Working System of Independent Directors" which provides institutional specifications on

Board Specialization and Diversity the status role election management and supervision of independent directors and strengthens the supervisory

effectiveness of independent directors. The Board of Directors and the subordinate members join the independent directors

In electing the members of the Board of Directors the Company takes into full consideration various aspects such as in accordance with the requirements of the system to ensure that the independent directors play the due roles.gender age race culture educational background professional experience skills and knowledge and term of service.The Nomination Committee is responsible for submitting to the Board of Directors for consideration the criteria proce-

dures and methods for the selection of the Company's directors and senior management. The selection of directors is In order to fully implement the Three-Year Action Program for Reform of State-owned Enterprises the Company actively

subject to nomination by shareholders holding or consolidating more than 3% of the total number of the Company's promotes the construction of the Board of Directors with the principle of "Exterior is Greater than Interior" and ensures

issued and outstanding voting shares and election by the shareholders at the general meeting of shareholders and the that the number of external directors (including independent directors) is always greater than the number of internal

chairman of the Board of Directors is elected by the Board of Directors by a majority of all the directors. As at the date of directors so as to effectively enhance the scientific and rational decision-making of the Board of Directors.disclosure of this report the Board of Directors of the Company consists of a total of 16 directors covering diversified

professions such as port and shipping law finance business management. All of them possessing solid professional

qualities and good educational backgrounds which can effectively safeguard the scientific decision-making of the

Board of Directors. By the date of this report

With the positive progress and excellent results in board building the Company was awarded the "2023 Best Practices There are total of 11 Board of Directors of the Company External Directors (including Independent Directors)

for Boards of Directors of Listed Companies - Outstanding Practice Cases" by China Association of Listed Companies accounting for 62.5%.and the“ Golden Round Table Award - Best Board of Directors” by“ Board of Directors” Magazine.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

"A+A" Regulated Operation

Case Independent (External) Directors Entering the Grassroots Company

In December 2022 the Company successfully spun off the subsidiary Ningbo Ocean and landed on the main board

For many years the Company has carried of SSE entering a new era of "A+A" development. To ensure the continuous stable and regulated operation of the

out the activity of "Independent (External) two-tier listed companies under the "A+A" model the Company has developed a dedicated "A+A" related transactions

Directors Entering Grassroots Compa-

nies" during which the independent and peer competition management linkage mechanism. The Company also established a corresponding leadership

directors gained an in-depth understand- working group to comprehensively enhance the coordination mechanism between the Company and Ningbo

ing of the Company's production and Ocean. Furthermore by conducting internal training and grassroots research the Company aims to improve the

operation economic activities and other quality and efficiency of related transaction management thereby elevating the regulatory operation standards of

aspects and made suggestions for the both parties.Company's governance and development.Case Developing an Annual Work Program for Independent Directors

Ningbo Ocean listed on SSE

In accordance with the new regulations of the State Council and the

China Securities Regulatory Commission in relation to independent

directors the Company has specially formulated the "2024 Annual Work

Plan for Independent Directors" to further specify the on-site working

hours training requirements and key concerns of independent

directors and to plan in detail the annual work plan of the independent

directors so as to further utilize the role of the independent directors as

"Participating in decision-making supervising checking and balancing

and providing professional consulting".

2024 Annual Work Plan for

Independent Directors

Launching Meeting of the "A+A" Linked Transaction and Peer Competition Management MechanismPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

ESG Governance Management

ESG Leadership Team

ESG Governance Structure Leader: General Manager Deputy Leader: Deputy General Manager in Charge

Members: Key persons in charge of relevant functional departments

Ningbo Port has established a three-tier ESG governance structure consisting of the ESG Committee of the Board of

Directors the ESG Leadership Group and the ESG Working Group forming an ESG organizational and governance

structure that is comprehensive clearly tiered and operationally efficient. The incorporation of ESG principles into the Main Responsibilities

Company's business governance involves a top-down approach from strategic design at the governance level through

organizational coordination to practical implementation. This ensures that ESG-related tasks are advanced and

executed at all levels. Each level department and individual's responsibilities are clearly defined providing organiza- Propose and formulate medium- and long-term ESG Evaluate the importance and risk impact of ESG issues;development strategies and objectives of the Company;

tional support for the execution of the Company’s ESG initiatives. This structure lays a solid foundation for the steady

progress and rapid development of the company’s ESG efforts. Formulate and improve the management system related Guide the ESG working group to implement ESG management to various ESG matters; and assessment work;

Co-ordinate the preparation of the Company's annual ESG Other powers granted by the ESG Committee of the Board of

report; Directors.ESG Management Structure of Ningbo Port

Decision-making Level Executive Level

Board of Directors ESG Working Group

Team Leader: Secretary of the Board of Directors Lead Coordinating Department: Office of the Board of Directors

The highest responsible organization for ESG work and the highest decision-making level Heads of each functional department and relevant first-tier management companies participate in the working group

and designate an ESG counterpart to act as the liaison officer of the ESG working group.ESG Committee Main Responsibilities

Research and guidance organization for ESG work Formulate specific work plan according to the Company's ESG development strategy and be responsible for the

promotion and implementation;

Organize and conduct analysis of substantive ESG issues of the Company;

Main Responsibilities Organize and implement ESG risk identification of the Company and formulate response plans;

Conduct research and analysis on ESG-related matters of the Company and to make recommendations on the Formulate ESG related management system and working rules;

Company's medium- and long-term ESG development strategies and objectives;

Identify and assessing the likelihood of occurrence and consequences of ESG-related risks of the Company and Formulate ESG assessment indicators of the Company and implement specific assessment work;

proposing appropriate countermeasures; Implement the statistics review and adjustment of ESG key information of the Company;

Supervise and inspect the policies management performance and work progress related to the Company's ESG

matters and make appropriate recommendations; Prepare annual ESG report of the Company;

Conduct adequate research and assessment of ESG risks that may be involved in major investment and financing Complete other tasks assigned by the ESG Leadership Team.matters carried out by the Company and making recommendations to the Board of Directors;

Approve and make recommendations on the Company's ESG report;

Other powers granted by the Board of Directors.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

ESG System Stakeholders Communication Methods and Channels Focus on Issues Response Section

Daily Communication Occupational Health and Safety Safety Management

ESG Management System Regular Meetings Recruitment and Employment Working with Employees

Staff Training Employee Compensation and

On the basis of the original CSR-related systems the Company has formulated ESG-related systems such as the "Working BenefitsEmployees

Rules of the ESG Committee" and the "Environmental Social and Governance (ESG) Management System". These policies Trade Unions Employee Development & Training

establish a mechanism with clear responsibilities and standardized processes thereby enhancing the effectiveness and Diversity and Equal Opportunity

scientific basis of the Board of Directors' decision-making. The Company continuously regulates behaviors to better

integrate ESG factors into the daily business operations and achieve the ESG development goals. Daily Communication Product Quality and Safety Safety Management

The Company's ESG management mechanism links ESG development indicators and substantial issues with the annual Customer Satisfaction Surveys Customer Service and Rights Service Quality

performance evaluation of the Company. The mechanism integrates these into the ESG performance assessment system Customer Complaints and Protection of Customer Privacy Service Efficiency

alongside the Company's phase-specific and annual goals. This system is implemented at all levels departments and units Customers Handling

of the Company with specific performance assessment measures developed and applied to manage and track the progress Customer Service

and implementation of ESG tasks. Continuous efforts are made to strengthen the management's guidance and oversight of

the ESG management system providing momentum for the implementation and ongoing innovation of the ESG framework.Annual Reports Green Port Investor Relations Management

Disclosure Announcements Smart Ports Information Disclosure

ESG Information Disclosure Mechanism General Meetings of Investor Relations Management Energy Saving and Emission

Shareholders Reduction and "Dual Carbon" Shareholders and Targets

During the reporting period the Company in accordance with the "Code of Corporate Governance for Listed Companies Investors Results Presentations Economic Benefits Smart Ports

"Guideline No. 2 on Self-Regulation of Listed Companies - Information Disclosure Transactions Management" and "Regula- Promoting Regional Economic

tions on the Mandatory Disclosure of Environmental Information by Enterprises" specifically formulated the "Environmental Development

Social and Governance (ESG) Information Disclosure Management System." This system standardizes the management of

ESG information disclosure and strengthens the Company's self-regulatory mechanisms for ESG comprehensively upgrading the Daily Cooperation and Supplier Management ESG Management

existing CSR information disclosure system to an ESG information disclosure system to enhance the comprehensiveness CommunicationSupplier Audit and Sustainable Business Supplier Management

and transparency of disclosures. Suppliers and Evaluation Development

Partners Supplier Meetings

Under the unified leadership and management of the Board of Directors with the Chairman as the primary person responsible for

ESG information disclosure and the Board Secretary as the main responsible person all functional departments and subsid- Daily Reporting and Compliance Operations Corporate Governance

iaries actively participate in the ESG disclosure process. Communication

Government Seminars Anti-Corruption Risk Management and Control

Government and Government and Enterprise Prohibited Item Management Integrity Building

Regulatory Bodies Symposiums and Anti-Smuggling in Maritime Shipping Business Ethics

Stakeholder Engagement Daily Communication Technology and Innovation ESG Management

Project Cooperation Sustainable Business Contributing to the "Belt and

Effective engagement with stakeholders is key to achieving mutual goals. Ningbo Port places great importance on the Development Road" Initiative

opinions of the stakeholders. The Company engages in comprehensive and timely communication with stakeholders Industry Conferences Accelerating Development

through various channels such as routine interactions regular meetings and training sessions. By actively responding to the and GrowthIndustry Associations Promoting Regional Economic

concerns of stakeholders the Company enhances mutual trust and achieves sustainable cooperation and development. Development

Smart Ports

Donations Community Benefit Promoting Rural Revitalisation

Volunteerism Community Relations Sharing Social Responsibility

CommunityPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Material Topics Management Materiality Assessment

Through collecting and analyzing the results of the materiality assessment we have identified "Green Port" "Environ-

Material Topics Identification mental Compliance" "Dangerous Goods Management" "Compliance Operation" "Customer Service and Rights" and

"Smart Port" as the materiality topics for this year which will be disclosed in the report and more management resourc-

During the reporting period Ningbo Port conducted a substantive assessment through online questionnaires to various es will be invested in the Company's ESG practices in the future in order to meet stakeholders' expectations.stakeholders including employees customers shareholders and investors suppliers and partners government and

regulatory authorities industry associations and the community. The Company communicated with the Board of Level 4 Level 3 Level 2 Level 1

Directors the Management and external stakeholders to understand their expectations. Through a four-step process of

identification prioritization determination and validation the Company identified the topics that have a significant

impact on the sustainable development. Based on these findings the Company formulated and adjusted the Company's

sustainable development strategy to meet the expectations of various stakeholders.Identification

Referencing the Global Reporting Initiative's "Sustainability Reporting Standards" (GRI Standards) the "Chinese

Corporate Social Responsibility Reporting Guidelines (CASS-ESG 5.0)" and various domestic and international

port industry peer reports Ningbo Port identified 37 environmental social and governance (ESG) issues related to

the business operations. These findings culminated in the creation of the Ningbo Port ESG Issues Repository for

the year 2023.Priorization

Based on internal and external stakeholder surveys Ningbo Port scored ESG issues and employed a model for

weighted prioritization to determine substantial topics.Importance to ESG High

Environmental topics Employee topics Operational topics Economic topics Community topics

Determination

The Management and Board of Directors reviewed and confirmed the results of

this year's substantial issue assessment.Level 1 Level 2 Level 3 Level 4

Validation Green port Energy use and efficiency Water resources use and efficiency Greenhouse gas emissions and management

Environmental compliance Exhaust emissions and management Waste management Biodiversity and land use

For the next round of evaluating substantial issues identify areas for improve- Dangerous goods management Wastewater discharge and management Protect the environment and natural resources Fight climate change

ment in the assessment process. Compliance operation Contraband management and anti-smuggling of maritime cargo Environmental protection input Diversity and equal opportunity

Customer Service and rights Risk management Labor management Community welfare

Smart port Anti-corruption Occupational health and safety Community relations

Business ethics Employee recruitment and employment

Protect customer privacy Employee compensation and benefits

Intelligent and digital transformation Staff development and training

Scientific and technological innovation Product health and safety

Safeguard intellectual property rights

Supplier management

Sustainable business development

Investor relations management

Stakeholder Engagement Survey

Economic benefit

Importance to Stakeholders HighPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Investor Relations Management In May 2023 Ningbo Port was awarded the 14th China Listed Companies Investor Relations Pegasus Award by Securities Times for the outstanding performance in investor returns social responsibility and investor communication.Shareholders' Meetings

Ningbo Port strictly complies with the relevant provisions of the Company Law of the People's Republic of China the

Code of Corporate Governance for Listed Companies the Company's Articles of Association and the Rules of Procedure for

Shareholders' Meetings to convene and hold shareholders' meetings. The preparation proposal submission deliberation

procedures voting resolution execution and information disclosure of shareholders' meetings comply with

regulatory requirements. The Company also hires lawyers to witness the shareholders' meetings on-site to ensure

their legality and effectiveness. Additionally the Company actively adopts a combination of online and on-site voting

as required by the Shanghai Stock Exchange to ensure the participation of all shareholders in significant Company

matters.In 2023 Pegasus Award for Investor Relations

The Company held a

total of 3 shareholders' Case Conducting Online Performance Briefings

meetings.In 2023 following the disclosure of annual reports

Annual Shareholders' Meeting for the Year 2022 interim reports and quarterly reports the Company

organized performance briefings. These briefings

were attended by members of the Company's

Shareholder and Investor Communication management and independent directors. Notably

the annual and semi-annual performance briefings

were conducted in the form of "Video + Text Interaction"

Ningbo Port further strengthens the investor relations management enabling investors to gain a comprehensive under-

ensuring effective communication with investors. This includes responding standing of the Company's production and operating

to daily inquiries from investors via email the "Shanghai Stock Exchange performance.Interactive " online platform phone calls and other means. The Company

assigns dedicated personnel to answer investor hotlines ensuring inves- Awarded "Best Practice in Annual Report Performance

tors can consult on relevant issues at any time. Briefing for Listed Companies in 2022"

Interactive Responses to Investor Inquiries

In 2023

In 2023 the Company responded to 36 inquiries from investors on the Shanghai Stock Exchange Interactive

platform achieving a 100% response rate. Annual Performance Briefing for the Year 2022Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Case Investor Protection Special Education Activity Investor Dividends

In May 2023 Ningbo Port organized an The Company attaches great importance to investor returns strictly implementing the cash dividend policy determined by

"Investor Protection Special Education" the Articles of Association each year as well as the cash dividend scheme approved by the shareholders' meeting. The profit

activity in conjunction with the theme of distribution policy formulated maintains continuity and stability considering the Company's long-term interests the overall

"Legal Education Month." The activity interests of all shareholders and the Company's sustainable development.aimed to strengthen investor protection

awareness through investor protection

seminars knowledge quizzes and

special promotional posters.Investor Protection Seminar

In the fiscal year 2022 the total cash dividends distributed amounted to approximately RMB 16.93

billion (including tax) reaching a historic high.Cash dividends have reached 60% of distributable profits for five consecutive years (2018-2022).Since the listing the Company has distributed cash dividends 13 times totaling RMB 14.392 billion.By the end of 2019 all the RMB 7.2 billion raised during the IPO had been returned to the market in the

form of dividends.Total Cash Dividends Distributed by the Company Over the Years (RMB Billions)

Investor Protection Special Promotion Poster

Case Investor Visit to Listed Companies

In December 2023 Ningbo Port held an "Investor Visit to Listed Companies" exchange activity. Thirty-Five

investor representatives participated in the event which included exhibition hall visits discussions and on-site

inspec-tions at the port. This format enhanced investors' direct understanding of the Company's

development and further increased their identification with and realization of the Company's value.Interactive Discussion with Investors Group Photo of Investors Visiting the Port Site FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Information Disclosure Risk Control

In accordance with relevant laws and regulations the Company has formulated documents such as the "Information

Disclosure Management System" and the "Major Information Management System" to regulate information disclosure Compliance Construction

behavior ensuring the Company discloses information truthfully accurately and completely. Furthermore the

Company has strengthened the management of information disclosure for the subsidiaries and branches. By imple- The Company regards compliance construction as an important lever for "First-class Management." By establishing a

menting the Assessment Measures for Major Information Management of Subsidiaries and Branches all subsidiaries sound compliance organizational structure and formulating a complete compliance system the Company further

and branches are subject to comprehensive information disclosure assessments thereby enhancing the information standardizes organizational construction system construction operation mechanisms and guarantee mechanisms for

disclosure awareness of grassroots companies. compliance management enhances compliance operational management capabilities and lays a solid foundation for

achieving high-quality development.Compliance Organizational Structure

The Company has established a comprehensive compliance management organizational structure clearly defining the

compliance management responsibilities of the Party Committee the Board of Directors the Supervisory Board and

the management team. Through adjustments to internal organizational structures the Company has standardized its

compliance management from a corporate governance perspective.In 2023 the Company promoted the full implementation of the Chief Compliance Officer system appointing a total of

28 chief legal advisors and chief compliance officers for the Company and the subordinate secondary management

units.Corporate Compliance Organizational Structure

Assessment Measures for Major Information Management of Subsidiaries and Branches

In 2023 the Company disclosed a total of 4 regular reports and 62 interim announcements maintaining timely compli- Organization Responsibilities

ant transparent and efficient information disclosure. The Company actively conducted voluntary information disclo-

sure such as annual performance briefings and monthly major production data announcements and was rated as an Party Organizations Play a leading role in setting directions managing overall situations

"A-class Enterprise in Information Disclosure for 2022-2023 " by the Shanghai Stock Exchange. and promoting strict adherence to compliance requirements within the unit

Board of Directors Play roles in setting strategies making decisions and preventing risks

Supervisory Board Fulfill compliance management supervision responsibilities

Management Level Play roles in managing operations implementing tasks and strengthening management

Compliance The leading body for compliance management organizes and leads compliance

Committee management work and decides on major compliance management issues

Chief Compliance Establish a Chief Compliance Officer responsible for leading the compliance management

Officer department to conduct compliance management work

Compliance Leading The Board of Directors Office serves as the leading department for Company compliance

Department management and leads the construction of the Company's compliance management system

Compliance Clarify the compliance management responsibilities of business departments and supervisory

Administrator departments establish compliance administrators in each department and require each department to participate in Company compliance management within its scope of responsibilities

Annual Performance Briefings and Monthly Major Production Data Advisory AnnouncementsPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Compliance System

The Company attaches great importance to the construction of the compliance management system. Based on the practical

situation and in combination with the requirements of the State-owned Assets Supervision and Administration Commission

and superior units the Company has constructed a hierarchical and classified compliance management system including

basic compliance management systems supporting compliance management systems and special compliance management

systems.In 2023

the Company revised a total of 69 compliance management systems

including revisions (including new additions)

The Company has issued compliance management regulations and related implementation documents.the centralized abolition of 32 systems. Compliance Training

The Company attaches great importance to the construction of the compliance management system. Based on the practical

situation and in combination with the requirements of the State-owned Assets Supervision and Administration Commission

and superior units the Company has constructed a hierarchical and classified compliance management system including

basic compliance management systems supporting compliance management systems and special compliance management

systems.The Company's existing major compliance management systems During the reporting period the Company conducted multidimensional multi-perspective and multi-occasion compliance

culture propaganda to enhance overall compliance awareness.Basic

Systems Compliance Management Measures

Business Partner Compliance Management Regulations

Compliance Management Committee Meeting Rules

Compliance Risk Management Implementation Rules

Supporting

Systems Compliance Inspection Implementation Rules

Compliance Effectiveness Assessment Implementation Rules Compliance Internal Audit and Certification Training Compliance Internal Control Integration Training

Compliance Management Assessment Implementation Rules

Compliance Review Management Implementation Rules

Special

Systems Domestic Equity Investment Compliance Guidelines

Other Compliance-related Training ProgramsPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Compliance Management System Certification Case Phase Inspection of Compliance Construction

By the end of the reporting period a total of 10 units of the Company have obtained ISO 37301 compliance management In April 2023 to strictly implement the requirements of "Comprehensive system unified standards synchronous adjust-

system certification. ment high quality and efficiency in promoting the construction and operation of the compliance management system" the

Company conducted a phase inspection of compliance construction across the entire system. This included on-site

interviews documentation issuance of written inspection results and recommendations and guidance for supervising

units to accelerate compliance construction work.Compliance Risk Control

ISO 37301 Compliance Management System Certification The Company has established a sound compliance risk control mechanism and formulated corresponding Compliance Risk

Management Implementation Guidelines. Responsibilities for compliance risk management are clearly defined. The

Company employs a "Three-line Defense" approach to effectively identify proactively manage prevent and address

various compliance risks ensuring the legality and compliance of its operations.The Company publicly solicited and selected internal employees to undergo CCAA-registered training and examination for

compliance management system auditors and internal auditors. By the end of 2023 a total of 338 employees from the

Company and its subsidiaries have passed the examination. Three Lines of Defense for Compliance Management

Third Line of Defense

Departments such as

Discipline Inspection

Supervision and Audit

Second Line of Defense

Compliance Management Undertake the supervision responsibili-

Leading Department ties of compliance management play a

role in audit evaluation consolidate the

Certificate of Compliance Management System Auditor Training First Line of Defense efforts of the three lines of defense and

Company and build a solid barrier for compliance risk

Functional Departments prevention and control.Fulfill compliance management leadership

Compliance Inspection and Assessment responsibilities according to relevant regula-

tions and play a role in risk identification

and compliance checks.The Company's Compliance Management Measures stipulate that the Chief Compliance Officer organizes regular compli-

ance inspections and assessments to evaluate the compliance of systems and processes supervise rectification of Assume corresponding responsibilities

violations and promote continuous improvement. Objective and fair evaluations of all employees' compliance work are for compliance management and play a

conducted based on the Compliance Management Assessment Implementation Guidelines to enhance their compliance key role in gatekeeping.awareness capabilities and literacy.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

During the reporting period the Company updated and issued the List of Laws and Regulations Involved in Production and

Operation List of Major Compliance Obligations and Risks and List of Important Positional Compliance Responsibilities Compliance Risk Response

based on changes in the external environment laws and regulations and adjustments to the functions of individual depart-

ments. This achieved dynamic control of compliance risks: The Company and the subsidiaries formulate compliance risk prevention measures based on risk identification assessments

and early warning situations. Particularly for compliance risks that are typical widespread and may have serious conse-

quences contingency plans are developed in advance and implemented in specific business processes and job positions to

effectively respond to and address risks.The List of Laws and Regulations Involved in Production and Operation added 41 items abolished 83

items and modified 147 items.The List of Major Compliance Obligations and Risks added 6 items abolished 34 items and modified Legal Affairs

65 items.

Special Action for Reducing and Controlling Legal Disputes

To thoroughly implement the "Comprehensively Govern the Country According to Law" and "Legal Construction in

Zhejiang" initiatives and further strengthen the management of corporate legal disputes the Company launched a special

action for reducing and controlling legal disputes in 2022 aiming to address various disputes especially major ones and

comprehensively improve the level of legal construction and the ability to govern enterprises according to law.In 2023 the Company further carried out the "2.0 Version" of the special action for reducing and controlling legal disputes

focusing on reducing existing disputes and preventing the occurrence of new ones. By the end of 2023 the number and

amount of unresolved disputes within the Company were both controlled below the data of the first version of the action.The overall situation of disputes remained at a low-risk level throughout the year with no systemic legal risks occurring and

the goals of the special action were successfully achieved.Updating and Issuing the "Four Lists" of Risk Management and Control

Compliance Risk Identification

Compliance Risk Assessment Led by the Chief Compliance Officer coordinated by the Compliance Management

Leading Department and with specific responsibilities assigned to each functional

department the assessment is conducted collaboratively.

2023 Annual Recognition Conference for "Reducing Existing Risks and Curbing Incremental Risks"

Compliance Risk Assessment Based on the results of compliance risk identification the likelihood impact and risk

Report value of various risks are analyzed and evaluated and the overall compliance risk

situation is summarized and analyzed to generate a report. Contract Management and Legal Performance

Contract management plays a crucial role in the Company's risk control efforts. The Company has formulated a series

List of Major Compliance Each functional department updates the relevant list of major compliance obligations of regulations including the "Contract Management Regulations" "Contract Management Work Assessment Measures"

Obligations and Risks and risks based on the risk assessment report approved by the review. "Contract Text Quality Standards" and "Contract Text Management Measures." Through the implementation of a

comprehensive lifecycle contract management system the Company rigorously manages supervises and inspects

contracts to prevent control and resolve contract-related risks.Issuance of Compliance Risk The Compliance Management Leading Department issues alerts within a certain scope

Alerts for compliance risks that are typical widespread or may have serious consequences in

its business area.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

By the end of the reporting period the Company and the grassroots units have established corresponding contract manage-

ment systems and designated dedicated legal personnel. Year Ranking

20225

Compliance Performance in 2023

20218

Research and performance assessment of contract management and legal affairs in 32 grassroots units. 2020 15

201927

Achieved a 100% rate of review and approval for economic contracts major decisions regulatory 2019 2020 2021 2022

documents and legal scrutiny. The "Zhejiang Listed Companies Internal Control Index" from 2019 to 2022

Internal Control Structure

Highest Decision Responsible for reviewing and approving significant decisions

-making Body and Board of Directors related to the internal control self-assessment reports internal

Ultimate control rectification major risks and significant matters.Responsible Person

Leading Group for Comprised of the Company's general manager and relevant

Internal Control Internal Control Standard department heads it includes an office that primarily oversees

Standard Construction Construction Leadership the review of internal control self-assessment-related policies

Work Group work plans assessment reports defect rectification plans and

measures.Responsible for developing work plans for internal control

Main Working Unit for Internal Control self-assessment evaluating and analyzing the effectiveness of Internal Control Self-

Self-Assessment Team internal control design and implementation guiding units in Assessment conducting cross-evaluations of internal control and compiling

annual internal control self-assessment reports.Internal Control

Internal Control Mechanism

Ningbo Port has established an internal control system and mechanism based on the "Basic Norms for Enterprise Internal The Company has developed internal control matrices and manuals for 20 processes encompassing 305 risk control points

Control" and supporting guidelines. The Company has formulated the "Internal Control Self-Evaluation Measures" and based on the "Enterprise Internal Control Application Guidelines."

develops annual plans for implementing internal control standards. Through self-assessment the Company identifies

internal control deficiencies and generates self-assessment reports to promptly address and follow up on internal control

defects. This further strengthens and standardizes the Company's internal control construction efforts enhancing the Internal Control System

opera-tional management level and risk prevention capabilities.Since 2019 the Company has consistently ranked among the top 30 in the "Zhejiang Listed Companies Internal Control Organizational Structure Development Strategy Corporate Culture Social Responsibility

Index " securing the fifth position in the 2022 rankings. Financial Activities Human Resources Procurement operations Asset Management

Contract Management Information Systems Research and Development Sales Operation

Engineering Projects Business Outsourcing Guarantee Services Internal Communication

Cost Expenses Comprehensive Budgets Financial Report Internal SupervisionPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

By the end of 2023 the Company and the subsidiaries had established internal control standard systems and issued internal In line with the principles of "Legality Integrity Fairness and Mutual Benefit" the

control matrices and manuals. Through the "One Chart Three Matrices" approach the Company conducts effective self-as- Company cooperates with various commercial banks timely notifies creditors of

sessment systematically investigates process risk points and strengthens defect rectification implementation. significant information related to their rights and interests and repays principal

and interest according to contract agreements forming a good cooperative

relationship of mutual trust and support between banks and enterprises.Self-assessment Launch Internal control defects rectification Issuance of self-assessment report

Developing the self-assessment Implementation of the rectification plan Prepare the first draft of the self-assessment

program reportSelf-inspection of internal control

deficiencies rectification Consideration and disclosure of internal By the end of the reporting period the Company had no significant pending Determine the scope of

self-assessment control self-assessment report litigations affecting normal operations and no violations of external guarantees.Formation of internal control All borrowings of the Company were repaid on time and there were no delays in

self-assessment team principal and interest payments and no credit default records in the open market.July to Sep Jan to Feb in the following year

China Chengxin International Credit Rating Co. Ltd. maintained

the Company's corporate credit rating as AAA with a stable outlook 2023 Annual Tracking Rating Report

July Oct to Dec Mar in the following year in the "2023 Annual Tracking Rating Report".The first round of self-assessment The second round of self-assessment

Mobilization and training Mobilization and training

First round of self-assessment test Significant Network Public Opinion Emergency ManagementSecond round of self-assessment test

Summarize and communicate

internal control deficiencies Summary of internal control deficiencies and communication Ningbo Port has developed a special emergency management process for potential major network public opinion incidents.Development of rectification plan Development of rectification plans Upon detecting such incidents the Company reports them immediately promptly activates emergency plans and dynami-

cally tracks the situation post-management. This approach aims to prevent reduce and eliminate any negative impacts that

sudden major online public opinions might have on the Company maintaining the positive image with swift and precise

response capabilities.Internal Control Self-Assessment Process

Internal Audit During the reporting period the Company did not experience any major crises of network public opinion.Ningbo Port has formulated the "Internal Audit Work Regulations" in accordance with relevant laws and regulations and the

actual situation.In 2023 the Company timely revised the "Internal Audit Work Regulations" according to the latest regulatory requirements;

the internal audit department implemented internal audit work in an orderly manner and successfully completed various Public Opinion Plan Activation Classification and

internal audit tasks according to the "2023 Internal Audit Work Plan" approved by the Audit Committee of the Board of Collection Handling

Directors giving full play to internal audit as an important means of corporate governance and the role of the "Third Line of

Defense" in risk management supervision and service functions.Integrity Situation

Ningbo Port attaches great importance to protecting the legitimate rights and interests of creditors ensuring the financial

soundness and security of assets and funds through the establishment of sound asset and fund management systems

strengthening fund budget management and financial risk control. Summary Positive Dynamic

Evaluation Guidiance Tracking

Company's Major Network Public Opinion Response Management ProcessPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

By the end of 2023 47 subordinate units of the Company have achieved safety production standardization standards

Intellectual Property Rights including 15 first level standards 25 second level standards and 7 third level standards.Safety Management Philosophy and

Objectives of Ningbo Port

Ningbo Port strictly adheres to national laws and regulations such as the "Trademark

Law of the People's Republic of China" by establishing relevant management regula-

tions for the standardized management and protection of intellectual property rights

including patents copyrights and trademarks. The Company extensively utilizes Safety Concept: Zero tolerance for hidden dangers zero production accidents and zero work-related deaths.digital management systems to oversee the creation application and utilization of

patents and copyrights. Additionally the Company requires all the subsidiaries to Safety Control Targets: No workplace accidents no major or above fire accidents no major or above water

regularly review the validity of the intellectual property rights and take appropriate transportation accidents no major or above road transportation accidents no major machine damage accidents

measures to maintain these rights. no major cargo quality accidents.In the daily operation process the Company continuously strengthens the under-

standing and compliance awareness of intellectual property rights among all employ- Safety performance in 2023:

ees through forms such as publishing articles on WeChat public accounts and intellec-

tual property rights training. 0 major fire or above accidents 0 major or above road traffic accidents

0 major or above water transportation accidents 0 major freight quality accidents

Awarded the Second Prize in

the Zhejiang Province 0 major road traffic accidents or above

Intellectual Property Awards

During the

reporting period

The Company did not infringe or be infringed

upon intellectual property rights and obtained

a total of 117 patents (or software copyrights) Security Management Mechanism

throughout the year. Ningbo Port has established a sound safety management mechanism in accordance with the responsibility system of "Party

and Government Share the Responsibility One Post and Two Responsibilities Joint Control Failure to Pursue Responsibili-

Intellectual Property Compliance Management Training ty" and the requirement of "Whoever is in Charge Whoever is Responsible" adhering to the principle that "management of

the industry must be in charge of safety management of the business must be in charge of safety and the management of

the production and management of safety must be in charge of the management of the management of the safety and the

Safety Management implementation of the management of "Grading Responsibility".The persons in charge of the Party's organizations at all levels perform the work safety duties in accordance

Security System and Objectives with the relevant provisions of the higher level

The main responsible persons of the Company and its wholly-owned and controlling (including relatively

Ningbo Port consistently prioritizes safety management as a solid controlling) production and operation units are fully responsible for the safety production work of the unit

foundation and strong guarantee for the high-quality development

of the port. Since 2018 the Company has actively worked on estab-

lishing a standardized system for safety production. In the same Other responsible persons are responsible for safety production work within their scope of responsibilities

year the Company achieved the second-level standardization

certificate for safety production in transportation enterprises. The

Company conducts annual self-assessments and evaluations by Each department is responsible for safety production work within their respective responsibilities

assessment agencies and undertakes recertification every three

years as required. This process fully leverages the guidance and

corrective functions of the safety standardization system in actual Employees are responsible for the safety production work in their respective positions

production helping to build a long-term mechanism for safe Certificate of Second-level Compliance

production. for Safety Production Standardization

Construction of Transportation EnterprisesPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Security Initiatives Safety Inspection and Troubleshooting

The Company firmly established the "Hidden Danger is an Accident Accidents Should Be Dealt With" concept of thinking set

Security Management Initiatives up a comprehensive supervision of safety and environmental protection task force to strengthen the subordinate units

of the regular rolling downward comprehensive inspection urging the units to strictly implement the remediation of

closed-loop management.Improvement of safety management system: In 2023

Conducted a total of 302 comprehensive safety supervision and inspections ( 43 night inspections) with a

In 2023 1 new system and 4 revised systems were added and 25

safety-related management systems and 1 compendium of 100% completion rate of rectification.safety technical operation procedures were implemented

which were divided into 17 categories and 197 items basically Completed 14842 safety hazard investigations safety surveys and inspections of production environ-

covering all aspects of safety production management. ments equipment systems etc. and took corrective actions in response to identified safety hazards with a

100% safety hazard investigation rate.

Strengthening the implementation of production

safety responsibility system for all employees

We have signed production safety responsibility letters with all

subordinate companies functional departments and all employ- Case Promoting Mutual Aafety Checks

ees tightening the complete chain of production safety responsi- Operation Safety Target Management

bility of "the Main Person in Charge - the Leadership - the Manage- Responsibility Letter During the reporting period the Company organized production

ment - the Operational Level". units to conduct mutual safety inspection activities to form a work-

ing atmosphere of "Comparing Learning Catching up Helping

and Surpassing." The Company urged 17 units to conduct on-site

Strengthened safety supervision and assessment airing inspections as required prepare inspection reports and publicly

assess the performance of each unit's activities. This initiative

Monthly spot checks quarterly assessment and annual assessment of subordinate units and airing notification of promoted the rectification of safety hazards and facilitated the

typical problems and assessment in regular meetings and safety briefings to urge units to implement the main responsibility of sharing and learning of safety achievements across the organization.the enterprise. During the reporting period the Company's safety responsibility assessment employee coverage rate

was 100%.Case Implementing a Hundred Day Campaign and Rectification

Deepening the safety risk classification and control mechanism

During the reporting period the Company implemented the "100-Day Remedial Action for Human-Machine

Intersection and Intra-Harbor Traffic." The Company urged all units to thoroughly identify safety risks associat-

The Company issued the "Safety Production Risk Classification and Control Regulations" and urged the subordinate ed with human-machine intersections and port traffic operations. The Company emphasized the need for

units to regularly organize an all-round identification of danger sources and risk evaluation and dynamically adjust enhanced safety management and control of high-risk operations rigorously rectified and cracked down on

the risk level and control measures in accordance with the changes in business expansion equipment modification violations at the worksite and established a robust long-term mechanism for managing the safety of

updat-ing of operation methods and changes in the places. human-machine intersections and port traffic. This comprehensive approach aims to significantly improve

safety standards within the port's operations.Implementation of regional production safety grid management

In alignment with actual production conditions Ningbo Port has subdivided the operations into grid units with each

grid having a designated area manager responsible for ensuring the effective implementation of rules and operational

procedures within their area. This approach continuously enhances the area managers' ability to "identify risks control

risks and address hazards" effectively implementing the management model of "Area—Risk—Responsibility—Super-

visor." This structured model ensures a focused and accountable approach to managing safety and operational risks

effectively across the port's operations.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Dangerous Goods Management Emergency Management

The Company strictly manages the production storage transportation and use of dangerous goods in accordance with During the reporting period the Company revised and improved the compilation of emergency response plans for emergencies

national regulations and standards and formulates and issues the "Safety Control System for Dangerous Goods Operations" including one comprehensive emergency response plan at the Company level and 16 special emergency response plans.document to comprehensively control the dangerous goods operations involved in this level and related units. The main The subordinate units established and improved their own emergency management systems in accordance with relevant

measures are as follows: regulations and requirements.Fire Safety Emergency Control

Orderly conduct the upgrading of monitoring control early warning fire-fighting and other facilities in chemical zones During the reporting period the Company organized more than 300 special trainings for the fire-fighting key personnel of all

and gradually reduce the number of joint-venture enterprises in chemical zones. units in Ningbo port area by full-time and part-time emergency teams and comprehensively implemented unscripted

combat drills to improve the ability to coordinate with the government departments in organizing and directing the rescue

and relief work as well as the coordination and linkage of the social rescue forces.Strictly manage all kinds of dangerous goods containers and implement relevant

laws and regulations and requirements for dangerous goods operation certificates.Strengthen the control of dangerous goods vehicles at source implement the "five

must check" for filling at source and strictly control the source and build firewalls

against over-limit and over-loading.Further improve and standardize the safety management of special operations

focusing on the fire operation and strictly apply for fire safety confirmation fire

analysis permit approval fire monitoring and completion of the clearance process. Daily Fire Safety Drills

Safety Assessment Report on

Major Hazardous Sources Traffic Safety Emergency Management

Strengthen the safety control of major sources of danger conduct regular safety

assessment of major sources of danger implement the responsibility system for the The Company has developed emergency management plans for road traffic accidents water traffic accidents and railway

safety of major sources of danger and set up public boards at the locations of safety traffic accidents to enhance the emergency management capabilities for traffic accidents.warning signs for major sources of danger.In 2023

The Company has not experienced any major or above road traffic accidents.Emergency Management of Weather Changes

Implement Monitoring of Chemical Zones

Actively prevent the Effectively conduct typhoon Implement measures to Coordinate the organization

adverse effects of visibility and flood prevention work prevent monsoons and and arrangement of vessel

utilize professional leverage the advantages of strong convection berthing and disembark-

meteorological services unified dispatch and coordinate navigation and ing during the construction

conduct segmented command and ensure tugboat operations for period of the dock front

pilotage in advance and smooth and orderly on-site berthing and water depth survey and

continuously deepen and production in the port area. disembarking of ships. dredging project.improve the mechanism

for ships entering and

exiting ports under low

Dangerous Goods Container Operations Management Safety Warning Signs for Major Hazard Sources visibility.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Emergency Management of Marine Pollution Case Emergency Drill for Oil Spills at Sea

Under the guidance of the maritime department the Company has

entrusted the Water Transport Science Research Institute of the Ministry During the reporting period the Company conducted a total of 21 large-scale offshore oil spill emergency drills.of Transport to complete the preparation of the joint prevention plan for

the construction of marine emergency response capabilities for ship

pollution in the Ningbo Port area. The related capacity building work

including ship construction warehouse construction emergency team

construction and system construction has been successfully completed.Maritime Emergency Rescue

To enhance the emergency rescue capabilities at sea the Company has

deployed and implemented the standard configuration of tugboats

under its management including individual handheld fusion

telescopes water rescue wings AED and other professional water

rescue equipment to meet the emergency rescue needs covering

various ports in the province.Security Drill Case "Fire Day" Emergency Rescue Exercise

In 2023 the Company organized a total of 1036 safety drills covering major hazard source special projects high-altitude In November 2023 the Company conducted an emergency rescue drill for a sudden accident in the petrochemical

rescue and emergency rescue for ship cable breakage. product storage area of Zhenhai Port in the chemical industry zone. The Ningbo Port Fire Brigade rushed to the scene for

fire monitoring and the emergency command center activated a one click alarm upon receiving the alarm. This drill

further strengthens the emergency response capabilities firefighting capabilities and collaborative combat capabilities of

employees improving the emergency response and rescue capabilities of the enterprise's firefighting department.Special Emergency Drill for High Altitude Rescue Emergency Drill Emergency Rescue Drill for

Major Hazard Sources Ship Cable BreakagePreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Employee Occupational Health and Safety Employee Safety Risk Prevention and Control

According to the "Safety Production Risk Classification and Control Regulations"

Ningbo Port conscientiously implements the principle of "People-Oriented Life First" cares for and cares for the the Company urges all units to adhere to the principles of "Full Participation

health of employees places occupational safety and health management in an important position and actively Bottom-up Dynamic Management and Continuous Improvement". In combina-

promotes the construction of an international health port. tion with the requirements of regional safety production grid work the grid is

divided into the smallest operating unit and grid personnel are identified and

assigned to work to supervise the implementation of corresponding safety risk

Occupational Health and Management System prevention and control. Identification of Safety Production

Grid Personnel

The system covers various aspects such as occupational safety management occupational health management and

occupational disease prevention comprehensively ensuring the occupational health and safety of employees.Coverage rate of pre-job safety training for new employees: 100%

Specialized Management

Organizations for The Company's occupational health work leadership group the Company's safety and

Occupational 100% of employees in special industries and special operations personnel hold certificates for employmenthealth department

Health and Safety

13 systems including the "Standards and Management Regulations for the Issuance of Labor

Protection Equipment" "Occupational Health Management Regulations" "Occupational

Mechanism Construction Disease Hazard Prevention and Control Responsibility System" "Management Measures for

Employee Health Inspections" and "Implementation Measures for Special Funds for S Case Pre-class Safety Meeting Display and Evaluation Activity

upplementary Medical Subsidies for Employees."

In 2023 the Company organized and conducted the activity

of "Talking about Safety Peaceful Azure" - My Pre-shift Safety

Meeting. This initiative urged all units to rigorously imple-

ment the "Three Inspections and Five Talks" protocol during

these meetings. Based on the tasks for the shift combined

During the reporting period the Notice on Establishing the Company's Occupational with environmental factors such as weather and hydrology

Health Management Leading Group and the Company's 2023 Occupational Health Prevention and the initiative emphasized clarifying and thoroughly explain-

Control Plan and Implementation Plan were revised and issued. ing the risks precautions and preventive measures for each

stage of operation and every control point. This structured

approach ensures that all employees are well-informed

about potential hazards and the necessary safety measures

The Daxie Port of Ningbo Port passed the assessment and certification of the World Health Organization in 2011 before beginning their work.becoming the fifth international health port area in China and the first international health port area in Zhejiang

Province. In 2018 it successfully passed the on-site assessment of the WHO and became the first international

health port in China to pass the review and certification.Labor Protection

During the reporting period the Company revised and improved the "Standards and

Management Regulations for the Distribution of Labor Protection Equipment and

Work Clothing for Employees" clarifying the distribution scope standards and usage

management requirements for 27 types of labor protection equipment for 32 types of

port operators in accordance with the principle of "Reasonable Distribution and

Correct Use" and urging all units to further ensure the safety and health of employees

in production labor.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

During the 2023 Employee Health

reporting period Examination Status

Employee health examination coverage rate upon entry: 100%; Annual health examination coveragerate for in-ser-

vice employees: 100%

The Company's labor protective equipment was issued to cover

100% Completed the reexamination of health certificates for 16 water plant chlorinators and 18 dock water supply personnel; of its employees.

On duty physical examination for personnel in contact with hazardous and special operations: Completed health

examinations for 426 employees and annual special occupations and personnel in contact with hazardous operations

tracked employees in need of reexamination and promptly contacted the examination hospital.In 2023 the Company conducted summer high-temperature condolences and employee representative inspec-

tions urging all units to install ventilation and cooling equipment in large equipment cabins and employee rest 2023 Medical Insurance and Protection Situation

rooms. The Company provided heatstroke prevention and cooling drinks and medicines for on-site workers and

distributed high-temperature expenses and summer supplies strengthening the personal safety supervision of Basic medical insurance employee coverage rate: 100%

frontline workers. Supplementary medical insurance types: group hospitalization supplementary medical insurance employee supple-

mentary medical subsidy special funds

Continuously improving the level of medical security for both employed and retired personnel

2023 Occupational Health

Management Measures and Work

Carried out special medical fund subsidies for employees and their families.Took multiple measures to care for employees' physical and mental health: conduct publicity work on AIDS prevention

education and training work on cardiopulmonary resuscitation and science popularization of mental health knowledge

guide employees to establish a healthy lifestyle and further enhance employees' awareness of self-health care.The General Manager of the Company Comforted the On-site Distribute Heatstroke Prevention and Cooling Drinks and

Workers During the Summer High Temperature Medicines

Occupational Health

The Company continues to standardize the management

of occupational health examinations and strictly implements

on duty on-the-job and off duty occupational health

examinations in accordance with the requirements of the

Occupational Disease Prevention and Control Law. AIDS Prevention Publicity Cardiopulmonary Resuscitation Education Popularization of Mental

and Training Health Knowledge

During the reporting period the Company issued a

notice on further strengthening the management of The Company has established comprehensive regulations such as "Occupational Health Management Regulations"

employee health urging all units to improve the mechanism and "Employee Health Examination Management Methods." These guidelines mandate all units to strictly implement

of health education establish employee health records the "Three Simultaneous" system for the evaluation of occupational disease hazards and protective facilities in

achieve dynamic health warning supervision and construction projects. This involves the regular monitoring of occupational hazard factors conducting health examina-

increase the rate of emergency rescue training and tions for employees at positions exposed to occupational hazards and ensuring pre-employment in-service and

certification for employees. Employee Physical Examination post-employment occupational health examinations for new hires. Additionally the Company maintains occupational

health records. Employees diagnosed with occupational diseases suspected occupational diseases or contraindica-

tions related to their jobs are transferred from their positions and receive active treatment. In 2023 the Company

reported an occupational disease incidence rate of 0%.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Initiatives and Effectiveness of Occupational Disease Prevention and

Control in 2023 In 2023 the Company actively conducted safety promotion activities such as the 2023 Safety Production Month the

Safety Production Law Promotion Week the National Traffic Safety Day and the Fire Protection Promotion Month

strengthened the training and promotion of national safety production laws and regulations safety knowledge job

Measures Effect skills and self-rescue and mutual assistance. The Company continuously improved the safety literacy and skills of all

employees and ensured that "Everyone talks about safety everyone knows emergency".According to the requirements of occupational health protection assessments

Conduct annual occupational are conducted every three years occupational hazard factor testing is conduct-

hazard detection evaluation ed annually and made public. The 2023 report was prepared and submitted to

and publicity the local health supervision and management department as required and the

testing information was made public.In 2023 the Company conducted pre-employment occupational health training for

a total of 92 new employees across 5 batches. The training covered topics such as

the current occupational health situation occupational disease prevention and

New employee onboarding control laws occupational hazard factors and protection and the Company's

training measures for the prevention and protection against occupational diseases. This

comprehensive training ensures that new employees are well-prepared and

informed about the potential occupational risks and the preventive strategies

implemented by the Company.Education and certification In accordance with the regulatory requirements of the local government training

training for key persons in for the education and certification of key persons in charge of occupational health

charge of occupational health and management personnel was organized with a total of 11 persons certified for

and management personnel the first time in 2023.During the year the Company's administration and labor union organized five

health education training lectures mainly involving the popularization of first aid

Organized special lectures and health knowledge occupational health publicity work and Red Cross ambu-

lance training etc. At present the Company has 38 employees who have obtained

Red Cross ambulance certificates.The Company utilizes various communication methods including i Ningbo Zhenhai Fire Safety Awareness Month Education and Promotion

Diversified publicity and Port electronic screens and banners to conduct awareness campaigns on the

education prevention of occupational diseases such as heat stroke and exposure to physical

and chemical hazards. These initiatives aim to educate and inform employees

about the risks associated with their work environment and the preventive

measures available to safeguard their health.Safety Education

2023 Ningbo Port Safety Education and Training Situation

Total Number of Safety Training Personnel: 207068

Total Number of Safety Training Hours: 431643 hours

Lecture on "Accident Case Warning" Promotion Week of the Safety National Traffic Safety Day Activities

Production Law

The content of safety training covers: safety risk prevention safety awareness education safety knowledge

education and safety skills education etcPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Developing Safety through Science and Technology

Ningbo Port implements the strategy of developing safety through science and technology and strengthens the

popularization and application of advanced and applicable scientific and technological achievements in the areas

of accident prediction and warning prevention and control and rescue and disposal.Developing the safety control platform for dangerous goods in seaport realizing the visualization management of

production operations and ensuring that the Company's dangerous goods operations are in a safe and controllable

condition. The platform won the second prize of China Port Science and Technology Progress Awardand the second

prize of National Transportation Enterprise Management Modernization Innovation Achievement .Port-wide Coverage High-definition Video Integrated Monitoring System

Promoting the use of visualization 3D VR and other technologies to develop new models of safety education

effectively improve the effectiveness of safety education and using technology to ensure the improvement of safety

skills. Exploring intelligent video security monitoring technology and creating an information-based and intelligent

platform with functions such as video monitoring intelligent warning and intelligent supervision.Second Prize of China Port Second Prize for National Modernization and Innovation

Science and Technology Achievements in Transportation Enterprise Management

Progress Award

Improving the system functions of the Company's on-site safety management application project for dangerous

goods containers and chemical safety management application project organizing project promotion and exchange

meetings and urging relevant units to deploy defense measures based on the actual situations. VR Intelligent Interactive Security Education Intelligent Video Security Monitoring

Information Security

Ningbo Port adheres to the information security management policy of "Prevention First" and follows the hierar-

chical management principle of "whoever uses is responsible whoever is in charge is responsible".The Company

has established and refined a security responsibility system and a collaborative work mechanism. The Company

has formulated regulations such as the "Information Management Methods" and "Information Security Manage-

ment Methods (Trial)" to advance the standardization and normalization of information security management.These initiatives aim to enhance the Company's capabilities in managing information security and improve the

Promotion and Exchange Conference on Chemical Safety Management Application Projects technical level of information security.Comprehensively promoting the application of technology and security measures such as high-definition video The Company stipulates that when cooperating with external units on projects if sensitive commercial and techni-

integrated monitoring systems electronic programs (procedures) anti-fatigue driving systems real-time warning cal information of the Company is involved a project cooperation confidentiality agreement must be signed.systems for dangerous distances and intelligent cargo handling in ports reducing the frequency of on-site

human-machine interaction improving the working environment and enhancing the intrinsic safety of equipment. During the reporting period the Company did not experience any information security incidents.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Information construction It needs to meet the security requirements of the physical layer network layer system layer

security management application layer and data layer. Integrity Culture and Education

Information operation and Establish an operation and maintenance management system that requires asset management

maintenance security media management equipment management exchange management backup and recovery

management management emergency plan management and other aspects. Integrity Education

In 2023 the Company further deepened the role of integrity warning education and organized 1469 times of education

Information technology The Company ensures that personnel engaged in critical positions sign safety agreements and training on various related topics throughout the year.personnel security specific to the roles. Regular assessments are conducted to evaluate the safety awareness and

management skills of employees at various positions with the results being systematically recorded and

preserved. Additionally the Company provides safety awareness education job skill training

and specialized safety technical training to all categories of personnel.Various types of integrity education activities covered more than 20000 employees.Information technology Effective security protection is conducted at the physical environment communication network

control security regional boundaries computing environment and other levels in the industrial control network.management

Information security The management of prevention and response to information security incidents provides a framework

incident management for preparation before incidents response during incidents and post-incident handling.Integrity Building "Cultivating Integrity and Uprightness Through Family Values" Talk Show about IntegrityWarning Education Thematic Activity

Integrity System Construction Refine the notification system for typical disciplinary violation cases issue the "Notification

The Company strictly implements the provisions on integrity construction insists on promoting integrity construction of Typical Cases of Violations and Disciplinary

in an integrated manner with enterprise development party building and political work. The Company coordinates Actions within the Company" and publish 67

oversight from various parties to thoroughly investigate potential integrity risks in business operations. By focusing on articles on integrity construction information.the root causes the Company strengthens the construction of a clean and honest party governance and administration

ensuring the healthy development of the company.By the end of 2023 139 operating points of the Company and the subsidiaries had set up integrity positions.The Company and the subordinate units have

opened more than 20 columns of integrity

Effectiveness of Integrity System education such as "Qingfeng Xu Lai" "Sunshine -

Construction in 2023 micro-corruption" "Yi - Qingfeng" and so on.Cumulatively revised and improved 277 systems for preserving integrity and promoting efficiency

and formulated and issued the Implementation Measures for Deduction of Remuneration for

Integrity Education Column

Management (Technical) Personnel of the Company's Headquarters Subject to Party Disciplinary and

Administrative Sanctions (Trial).Comprehensively compared 200 cases of "common illnesses and stubborn diseases" and focused on Filming of the first lesson warning education

rectifying risks and hidden dangers in key areas and key links. video on integrity education for young employees

3900 and the warning education video on employees' The Company established corporate integrity files dynamically examined more than positions gambling problems to strengthen the warning

sorted out nearly 15000 risk points and established about 2500 integrity files for personnel in education for university students and front-line

key positions. employees in ports.The First Lesson of Integrity EducationPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Culture of Integrity Whistleblower Protection System

The Company continues to explore the elements of integrity within the "Strong Port Culture" and "Old Dock Spirit "

focusing on education and prevention with an emphasis on personnel in key positions. For several years the Company If the personnel involved in the review and hearing are close relatives of the person being reviewed or the informant

has consistently implemented activities to build a "Clean and Honest Port." major witnesses or interested parties or if there are situations that may affect the fair review and hearing they shall

not participate in the relevant review and hearing work.In 2023 the Company intensively carried out the "Promoting Governance and Strengthening Accountability with Cases

and Enhancing Through Exemplary Leadership" Clean Port Construction Responsibility Strengthening Year activity. The In the handling of letters and reports the Company strictly maintains confidentiality to effectively protect the legal

Company continued to expand the integrity culture concept of "Cultivating a Culture of Integrity Together Pursuing the rights and interests of those who report and accuse.Dream of a Strong Port Together" and actively established 67 clean units. If the staff of the discipline inspection and supervision department neglect their duties or engage in malpractice

resulting in the materials of accusations being transferred to the accused or if the content of letters and visits is

The Company's integrity unit culture position (part): leaked causing consequences they will be subjected to disciplinary actions in accordance with relevant regulations.In the process of accepting visits from whistleblowers correspondence and inquiries investigation and evidence

collection there must be two or more people to participate.No organization or individual may obstruct suppress or retaliate against a whistleblower or their close relatives for

any reason. Measures such as salary reduction demotion transfer or dismissal are strictly prohibited.Anti-Corruption and Integrity "No Blind Spot" Construction

In 2023 the Company continued to intensively carry out the state-owned enterprise anti-corruption initiative "Full

Coverage No Blind Spots Zero Tolerance" implementing five major actions. These efforts aim to prevent corruption

from the source ensure comprehensive integrity among leaders at all levels management personnel and frontline

employees and solidly advance the construction of a clean port.Further improvement

in supervision and

inspection

Reporting Mechanism

Further enhance Further enhance

Ningbo Port has established and implemented the "Discipline Inspection and Supervision Letters and Visits Reporting the implementation disciplinary

System" which specifies the scope of accepted reports and the procedures for handling them. The discipline inspection of responsibilities accountability

department publishes details such as the scope of accepted reports mailing address reception location address

hotline numbers and the website URL for reporting enhancing the promotion of the reporting system. This guides

employees and the public to report through letters visits telephone calls and online submissions ensuring that

reports are made legally orderly and truthfully.Company reporting channels Further

improvement of Further

ideological improvement

education of team

Reporting Phone: 0574-27695272 building

Reporting Email: JIWEI@nbport.com.cn 5 ActionsPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Several Key Tasks Business Ethics

Sort out the "Five Lists of Responsibilities" for the "Top Leader" and the leadership team intensify the The Company does not engage in any form of monopolistic behavior in the business operations including price monopolies

transmission of responsibilities and establish three lists of power and responsibility risks for units market segmentation or restricting competition. The Company firmly opposes any actions that violate business ethics such

departments and positions; as monopolies money laundering and commercial bribery. The Company also stands against all forms of unfair competi-

tion including but not limited to false advertising commercial bribery and infringement of intellectual property rights.Through the establishment of comprehensive internal control mechanisms the Company ensures that its business activities

Conduct unannounced inspections and surprise inspections through the "four no-direct" approach are legal and compliant and it eliminates any occurrence of money laundering. A Discipline Inspection Committee is specifi-

and seriously implement the rectification work of the "four winds" during important time nodes such as cally responsible for the formulation and implementation of anti-corruption policies. The Company continually conducts

festivals; internal audits and risk assessments related to anti-corruption managing and supervising the compliance of employee

behaviors.Establish a mechanism of exchange between members of the Discipline Inspection Committee of the

Company and grass-roots Party branches;

The Company conducts anti-corruption anti-bribery and business ethics education and publicity forall employees

with 100% coverage.Conduct a comprehensive review of the identified issues establish a verification ledger for key issue In 2023 the total number of anti-corruption training hours reached 25066 hours.clues and actively implement special rectification;

Enhance the awareness of business ethics among all employees cultivate a strong anti-corruption culture with in the

Company and comprehensively strengthen the defenses for compliance and integrity.Strengthening the "Four Ones" for the construction of a clean culture in state-owned enterprises in the new During the reporting period the Company did not have any major litigation cases involving corruption or unfair

era. (Organize and conduct one clean lesson for branch secretaries watch one warning education film visit competition.one warning education base conduct one typical case discussion and implement one clean culture activity)

Integrity Building Responsibility Statement Statement of Commitment to Integrity

The "Four Ones" Integrity Culture Building Activities The "Four Ones" Integrity Culture Building ActivitiesPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Supplier Management Supplier Risk Management

The Company conducts compliance risk level categoriza-

Supplier Compliance Management tion management for supplier cooperation and requires suppliers corresponding to the risk level to sign the Integri-

ty Pact and the Compliance Commitment Letter clearly

To strengthen the compliance management of suppliers Ningbo Port has formulated and issued the "Regulations on agreeing on the default liability to be borne by violating

Compliance Management of Business Partners" "Supplier Management Measures" and other systematic documents. These such pact or commitment.documents strictly regulate supplier management optimize procurement costs enhance operational efficiency and

promote integrity and self-discipline. The Company pays attention to suppliers' certifications in ISO environmental occupa-

tional health and safety and information security systems. Additionally suppliers' performance in ESG areas such as environ-

ment social and labor rights is included as one of the criteria for supplier evaluation and assessment ensuring that suppliers

continuously meet the Company’s requirements for quality delivery schedules environmental protection and social

responsibility. Integrity Pact Compliance Commitment Letter

The Company's daily management of suppliers is mainly divided into the bidding stage and the fulfillment stage. During the Supplier Appraisal and Evaluation

bidding stage the Company manages and warns the bidding behavior of suppliers through the e-tendering and procurement

platform and the disciplinary inspection warning cockpit. During the collaboration process with suppliers the Company implements dynamic assessment management and

categorizes suppliers into four grades—A B C and D—based on the assessment results. These classifications serve as

a crucial basis for subsequent collaborations and are also recorded in the compliance management archives. Concur-

Focusing on the fulfillment status of suppliers: rently the Company establishes a negative list for supplier compliance management providing robust support for

business operations.Supplier Dynamic Assessment Content

Product and Service

Compliance Production Safety Environmental Protection Legal Employment

Price Quality Delivery time Service Reputation

Paying Taxes in Fair and Honest Other Compliance

Accordance with the Law Transactions Obligations Supplier Training and Communication

The Company regularly invites supplier representatives to participate in meetings related to compliance discipline

inspection and supervision. These meetings help suppliers understand the Company’s compliance philosophy and

Supplier Surveys management requirements. Additionally the Company appoints some supplier representatives as special supervisory

officers for the Company’s discipline inspection and supervision activities.Ningbo Port and the subsidiaries conduct surveys on the creditworthiness and performance capability of business partners in

accordance with the following requirements: Supplier Overview

General credit Through internal system investigation public information inquiry requesting suppliers to provide relevant As at the end of the

investigation qualifications and supporting documents on their own initiative and on-site inspection the Company reporting period

conducts general credit investigation on business partners to review and understand the necessary credit-

worthiness and performance ability related to cooperation and the fulfillment of key compliance obligations. The total number of suppliers of the Company amounted to 13036 of which 99% were suppliers

from Mainland China;

During the reporting period the Company's purchasing amount from local (Zhejiang Province) suppliers

Comprehensive Based on the results of the general credit investigation if there are significant risk warning signals or other accounted for 66%.credit major issues of doubt the business partner will be further investigated for the more comprehensive credit-

investigation worthiness and performance capacity and if necessary external professional organizations can be

commissioned to conduct in-depth due diligence investigations in accordance with the law.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Environmental Protection Established Environmental Emergency Management System

The Company has established an environmental emergency management institution clarified responsibilities

formulated emergency plans for sudden environmental incidents. The Company regularly conducts emergency drills

Ningbo Port always adheres to the ecological and environmental protection concept of "green waters and green ensures sufficient emergency supplies are available and standardizes the management of emergency supplies storage

mountains are golden and silver mountains" strictly implements relevant national environmental protection laws and and retrieval. Additionally the Company has formed a Ningbo Port Area Ship Pollution Marine Joint Defense System to

regulations and adheres to the development principle of "Ecology First Green and Low-Carbon" aiming to create a strengthen regional joint prevention and control efforts.green and environmental-friendly port with high standards. The Company continuously strives to reduce the impact of

the operations and business on the ecological environment and natural resources. Established Environmental Publicity and Education Mechanism

The Company invited third-party environmental experts to conduct regular environmental training enhancing the

Environmental Compliance management level of environmental personnel through the exchange discussion and analysis of typical environmental cases. The Company also organized activities to commemorate "World Environment Day" on June 5th

to raise employees' awareness of ecological environmental protection.Establishing Environmental Management Systems

In accordance with the requirements of national environmental protection laws and regulations the Company has

formulated and issued regulations such as the "Ecological Environment Protection Management Regulations"

"Environmental Incident Investigation and Handling Regulations" and "Assessment Methods for Environmental Target

Responsibility System". Based on factors such as production scale production operation type and pollution control

category the Company has established control standards for pollutants such as hazardous waste wastewater and

dust clarifying operational procedures and management requirements for pollutants to ensure the institutionalization

standardization and regularity of environmental protection work. Environmental Training World Environment Day Awareness Campaign

To strengthen ecological protection and pollution By the end of the reporting period

Establishing Environmental Responsibility Systems control and to support the high-quality development of

"Dual First-class" ports the Company has established an

Based on the principle of "party and government sharing responsibility dual responsibility for one position" for environmental management system based on ISO 14001 A total of 10 companies have obtained ISO 14001 environmental management system certification.environmental protection the Company has formulated ecological environmental responsibility systems at all levels. standards. This system integrates pollution prevention

The Company has formulated and signed target responsibility agreements for ecological and environmental and control measures with production operations

protection clearly defining the responsibilities for ecological and environmental protection at each hierarchical level effectively manages environmental factors during

and position and continuously improving the comprehensive ecological and environmental responsibility system for operations and establishes a comprehensive system for

all employees. ecological environmental protection.Ecological Environmental Protection Target Responsibility AgreementPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Water Resource Management

Ningbo Port primarily utilizes municipal water for the operations and the generated domestic wastewater is treated by

municipal sewage treatment plants through the municipal sewage pipeline system. The operational areas of the

Company are not located in regions where water resources are scarce thus mitigating any stress on local water

resources. Recognizing the increasing global water scarcity we are aware of the importance of water conservation. We

actively respond to national and local water-saving policies implement effective water-saving measures reduce water

consumption in our operational activities promote water reuse and raise employee awareness of water conservation.In FY2023

Ningbo Port's fresh water intake was 4852376 tons

while the recycled water usage was 2548723 tons

accounting for 34.4% of total water usage. Dust Removal and Dust Prevention Equipment

The water intensity was 284.7 tons per RMB million revenue. In FY2023

Ningbo Port originated from the emissions of sulfur oxides (SOX) nitrogen oxides (NOX) and particulate matter

Management of Emission Waste and Wastewater resulting from the use of fuels in ships vehicles and handling equipment amounted to 3660.6 tons

11011.0 tons and 7000.4 tons respectively.

Emission (Exhaust) Management

To improve the air quality in the port area the Company Wastewater Management

conducts continuous monitoring and takes appropriate

measures to control air pollution. The Company

strengthens the collection treatment and monitoring of The Company adheres to standards such as the "Comprehensive Emission Standards for Water Pollutants

organic waste gas emissions from crude oil and liquid (GB8978-1996) and the "Water Quality Standards for Discharge into Urban Sewers " (GB/T31962-2015) to manage

chemical terminals. Operating units for crude oil refined wastewater. The Company ensures that the discharge outlets discharge volumes and various pollutant indicators of

oil and liquid chemical products as well as affiliated gas wastewater discharge comply with the requirements of the pollutant discharge permits. The Company also develops

stations and gas stations implement measures for the monitoring plans and commissions third-party testing companies to regularly sample and test.recovery and treatment of organic waste gases to avoid

or minimize direct emissions into the atmosphere. Bulk Additionally the Company attaches great importance to

cargo handling units such as coal and ore are equipped wastewater treatment and reuse. The Company will By the end of the reporting period

with dust removal and dust prevention devices including continue to advance the "zero direct discharge of

spray dust removal systems dust screens and fog wastewater" initiative solidly promote the coordinated The Company has constructed a total of 74 sets

sprayers to fully control and prevent dust generated advancement of port wastewater treatment and of wastewater treatment and reuse systems.during production operations. recycling and reduce and control the environmental

Organic Waste Gas Treatment Facilities impacts of wastewater.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Requirements for Wastewater Management Ningbo Port's Wastewater Discharge

Wastewater Pollutants and

Wastewater Categories Units FY2023

The port area is equipped with facilities for collecting Chemical Oxygen Demand (COD)

and treating domestic sewage industrial wastewater Emissions Tons 18.9

and oil-contaminated water. After meeting the

standards the treated wastewater is reused or Total Nitrogen (TN) Emissions Tons 0.7

discharged into sewers and parameters such as COD

(chemical oxygen demand) BOD (biochemical oxygen Total Phosphorus (TP) Emissions Tons 0.2

demand) and ammonia nitrogen are regularly

monitored in the wastewater. Ammonia Nitrogen (NH3-N) Emissions Tons 2.4

Total Discharge Volume Tons 1596494

- Volume of Domestic Sewage

Discharge Tons 1541810

- Volume of Industrial Wastewater

Discharge Tons 54684

Dedicated wastewater collection and treatment

facilities are installed at the specialized bulk cargo

terminal and chemical terminal. After treatment

wastewater such as dust-laden water and chemical Solid Waste and Hazardous Waste Management

wastewater meets standards and is reused.The Company attaches great importance to the standardized

management of hazardous waste incorporating it into routine

supervision and inspection. The Company entrusts qualified

entities with appropriate processing capabilities to handle the

reception and disposal of hazardous waste comprehensively

strengthening supervision throughout the entire process. In

accordance with relevant national laws and regulations the

Company has formulated the "Standard for Management of

Hazardous Waste Storage" specifying requirements such as

Oil-contaminated water collection and treatment the construction of hazardous waste storage facilities setting

facilities are arranged in the equipment maintenance up of identification signs emergency management and ledger

area. After meeting the standards the treated water is management. Specialized training sessions on standardized management of hazardous waste are regularly conducted and

either integrated with domestic sewage for disposal the "General Solid Waste Management Measures" have been

or reused. established with household garbage being stored at

designated locations after classification. Efforts are made to

reduce waste generation at the source with timely monitoring

and recording of waste generation and emphasis placed on

the reuse of waste materials. Hazardous Waste Special Inspection

In FY2023

Supporting facilities for the reception of ship

pollutants are improved. Active reception of ship The Company achieved a comprehensive utilization rate of 79.4% for

domestic garbage and sewage is conducted and

ship oil-contaminated water is handled by third

parties commissioned by the shipowners. general waste and 78.5% for hazardous waste.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Ningbo Port's General Waste Discharge Noise Management

General Waste Units FY2023

To mitigate the impact of noise on surrounding communities and employee working environments Ningbo Port

Total Quantity of General Tons 26629 conducts regular monitoring on noise pollution levels. Effective measures are promptly implemented to control

Waste sources of noise pollution when noise exceeds permissible levels. The Company mandates that project designs comply

General Waste Discharge Tons per Hundred 1.0 with relevant requirements for sound environmental quality. In production and construction priority is given to Intensity RMB Million Revenue selecting processes and equipment with lower noise levels. Measures such as sound absorption and isolation are

-Transfer and Disposal Tons 21138 implemented when operations are close to noise-sensitive areas.Preparation for Reuse Tons 31 Requirements for Noise Management

Recycling Tons 4041

During loading and unloading operations handling

Other Recycling Operations Tons 17066 should be done gently to reduce additional noise

generated by height differentials.-Direct Disposal Tons 5491

Transport areas should have smooth road surfaces to

Incineration (energy recovery) Tons 1791 minimize noise from vehicle vibrations. Horn usage by

Incineration (no energy motor vehicles within the premises should be restricted

recovery) Tons 0 to reduce noise sources.Landfill Tons 3700 Regular inspections of mechanical equipment should be

conducted to minimize noise generated by abnormal

Other Disposal Operations Tons 0 operations. Measures such as installing soundproof

covers for lifting motors should be implemented.Ningbo Port’s Hazardous Waste Discharge Third-party organizations are commissioned to conduct regular noise monitoring to understand noise pollution

levels. Effective measures are promptly taken to control

sources of noise pollution when noise exceeds permissible

Hazardous Waste Units FY2023 levels. Noise Monitoring

Total Quantity of Hazardous Tons 1436

Waste

Hazardous Waste Discharge Tons per Hundred

Intensity RMB Million Revenue 0.1

-Transfer and Disposal Tons 1127

Preparation for Reuse Tons 0

Recycling Tons 187

Other Recycling Operations Tons 940

-Direct Disposal Tons 309

Incineration (energy recovery) Tons 275

Incineration (no energy

recovery) Tons 34

Landfill Tons 0 Equipment Soundproof Enclosures

Other Disposal Operations Tons 0Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Biodiversity Conservation Environmental Protection Measures

Ningbo Port places high importance on the conservation of biodiversity and actively takes reasonable measures to Environmental Emergency Plan:

minimize the impact of the operations on neighboring communities and marine ecosystems. The Company is

committed to creating a green ecological port that harmonizes with nature.To establish a sound mechanism for responding to sudden environmental pollution incidents Ningbo Port has revised

During port construction projects the Company adheres to strict ecological conservation principles. For areas sensitive the "Environmental Emergency Plan" in accordance with relevant national laws and regulations. This plan clearly

to the ecosystem cautious measures are taken to ensure minimal disturbance. During periods when marine organisms outlines the emergency command structure responsibilities response procedures and support measures. The

are spawning efforts are made to avoid construction activities to prevent disruption to their normal reproduction revision was completed in October 2023.cycles. Additionally to protect local biodiversity and maintain fishery resources the Company strictly adheres to the

requirements of the Ministry of Environmental Protection and marine fisheries. This includes implementing Environmental Investment:

appropriate measures for restocking such as releasing fish fry and crab seedlings or paying marine compensation fees.The Company continuously increases the investment in ecological environmental protection and pollution

control. The Company actively promotes the implementation of standardized environmental

protection construction and continuously optimizes the operation of pollution treatment facilities for

exhaust gases wastewater hazardous waste and other pollutants. A cumulative investment of RMB

510.6 million was made in FY2023.

Research and Application of Environmental Protection Technology

The Company actively conducts research

and development of environmental protect

ion technologies introduces advanced en

vironmental protection equipment and

develops and constructs a comprehensive

port environmental management system.Releasing Fish Fry and Crab Seedlings This system enables real-time monitoring

of the environmental quality of the port

Ningbo Port is committed to preventing the disruption of area. Moreover the Company strengthens Environmental Monitoring Data Platform

ecological balance in the port and adjacent waters caused the application of intelligent control techn

by the abnormal migration of marine organisms. Efforts are ologies such as multi-dimensional dust de

made to minimize the pollution of the marine environment tection and intelligent linkage control. Using

by ballast water from ships. The Company has strict instruments such as laser radar beta-ray

regulations for the discharge of ballast water and all dust monitors and light scattering dust de

arriving or docked vessels must strictly adhere to relevant tectors the Company monitors dust levels

emission requirements. This includes treating ballast water

to neutralize its harmful effects before discharge. We are in the port area in real-time and links with

dedicated to ensuring minimal impact on the marine intelligent spray systems for targeted and

environment during port operations and continuously quantitative dust suppression.improving environmental protection measures to achieve

sustainable development. Ballast Water Reception and Treatment Facilities Dust Online Monitoring Intelligent Control SystemPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Key Environmental Protection Projects Ningbo Port's Governance of Climate Change-Related Risks and Opportunities

The Company actively assumes main responsibility for environmental protection increases environmental protection

investment and actively promotes the construction of key environmental protection projects. To improve the climate change governance system the Company integrates climate change management with production and operation management. The Company enhances relevant management systems and standardizes

standards appoints dedicated staff formulates plans to address climate change and deploys tasks related to carbon

Key Project Examples peaking.The Company takes proactive steps in constructing provincial port environmental air automatic monitoring stations.Approximately RMB 17 million has been invested in establishing environmental air automatic monitoring stations in The Board of Directors assumes overall responsibility for climate change-related work incorporating climate change

ports such as Ningbo Zhoushan Jiaxing Wenzhou and Taizhou. issues into the Company's overall development strategy. The ESG committee reviews the Company's climate

change-related strategies and goals assesses climate change-related risks and opportunities examines climate

change-related performance and indicators and regularly reports to the board of directors.To effectively address climate-related risks and opportunities the Company establishes a target responsibility

evaluation and assessment system to strengthen supervision and inspection of energy-saving tasks. The Company

implements a veto system for energy-saving and carbon reduction targets and a strict accountability system for key

leaders ensuring the implementation of tasks and responsibilities and the implementation of green development

plans to promote the Company's green and low-carbon development.Governance Strategy Risk Metrics

Energy Conservation Emission Reduction Management and Targets

and "Dual Carbon" Goals Impact of Climate Change-Related Risks and Opportunities on the Business Strategy and Financial Planning of Ningbo Port

With a focus on clean and low-carbon development the Company optimizes port energy structure and operational

Addressing Climate Change processes increases the application of green energy upgrades green equipment and promotes energy-saving and

emission-reduction technology transformation. The Company constructs a clean and low-carbon port energy system

integrating the concept of green and low-carbon development into the entire process of port planning construction

Ningbo Port fully implements the spirit of the 20th National Congress of the Communist Party of China vigorously and operation. Emphasizing innovation and technological empowerment the Company promotes the adoption of

promotes ecological civilization construction and aligns with the national strategies for carbon peaking and carbon energy intelligent management systems realizing the transformation of development models toward green and

neutrality in response to climate change. Gradually in accordance with the requirements for climate-related low-carbon development. The Company hopes to work hand in hand with all stakeholders to address the challenges of

disclosures the company evaluates climate-related risks and opportunities across four domains: governance strategy climate change and achieve sustainable development of the environment and society.risk management and metrics and targets. The Company is committed to effectively managing climate-related risks

driving the low-carbon transformation of the operations seizing climate-related opportunities and advancing the

construction of a world-class strong port.Governance Strategy Risk Metrics Management and Targets

Photovoltaic wind power and other clean energy equipmenPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Driving Optimization of Energy Structure and Equipment Upgrades

Facilitating the adoption of clean energy-powered machinery for port operations utilizing clean energy-powered

transportation equipment and gradually advancing energy-saving transformations for port operation equipment.Constructing a Low-Carbon Transportation Structure Governance Strategy

Risk Metrics

Management and Targets

Efforts are being made to strengthen smart logistics construction advance the informatization intelligence and

gridization of port logistics services promote the construction of port logistics centers and transition from

transport ports and industrial ports to smart logistics ports.Ningbo Port identifies Evaluates and Manages Climate-related Risks and Opportunities.Advancing Green and Low-Carbon Infrastructure Construction and Operation The Company actively addresses the potential impacts of climate change by identifying and assessing physical risks

Accelerating the construction of photovoltaic power generation facilities within the port and shore power transitional risks and opportunities associated with climate change.facilities at docks Ningbo Port is actively promoting research on renewable energy projects and conducting

engineering pilot demonstrations. By the end of 2023 the Company has achieved full coverage of berths that

permit the construction of shore power facilities excluding liquefied chemical berths as well as professional Type Climate Change Potential Financial Impacts Response Measure

container terminals and bulk cargo terminals of over 50000 tons.Decrease in revenue due to

Acute the impact on port business

Strengthening Technological Innovation Leadership Support operations

Efforts are being intensified to construct smart ports and promote the widespread adoption of energy intelligent Extreme Weather: Hurricanes Increased costs for repairing Emergency response plans

management and monitoring systems. This enables real-time monitoring of water electricity fuel and other Floods Droughts Hailstorms

etc. and maintaining terminals for extreme weather eventsenergy consumption. Pilot demonstrations of renewable energy storage projects are also being carried out. waterways and other

infrastructure damages Flood and tide prevention

Chronic drills

Establishing a Sound Low-Carbon Transformation Guarantee System Increased costs due to

This includes establishing a carbon emission statistical monitoring system actively participating in the revision of heightened health and safety Raising sea level

national industry and local standards and systems related to carbon emission reduction and exploring research risks for employeesChanges in rainfall

on carbon emission trading standards. Persistent high temperatures Rise in insurance

Policy and Legal Risks

Case Meishan Port Area Low-Carbon Terminal ? Reducing Emissions by 22600 Tons

Mandatory disclosure of climate Strict compliance with

environmental laws and regulations

In October 2023 the Meishan Low-Carbon Terminal change-related information in the operating area

demonstration project commenced construction at the Government implementation of Increased costs of greenhouse

Ningbo Meixi Roll-on/Roll-off Terminal. This project is stricter emission reduction gas emissions Regular collection and updating of relevant environmental laws and

the first in Zhejiang Province to integrate dispersed policies and regulations Increased costs of compliance regulations to ensure compliance

wind power photovoltaics energy storage and Carbon pricing mechanism Increase in port greening rate to

microgrids in a port setting. Aimed at achieving strengthen the carbon sequestration

"cleaning at the source electrification at the end Litigation risks capacity of ecosystems

intelligent regulation and piloting a fully interactive

source-grid-load-storage market mechanism" the Market Risks

project includes the construction of wind power Optimization of energy efficiency in

photovoltaic energy storage and energy management Uncertainty of market signals port facilities and equipment as well

systems among other components. as increasing the scope and

Increase in costs due to rising proportion of clean energy use

Upon completion the annual clean energy generation capacity of the project is expected to reach approximately Increased costs of raw materials prices of raw materials

59.17 million kilowatt-hours enabling an annual clean electricity consumption of 34.53 million kilowatt-hours in (such as energy fuel etc.) Optimization of logistics and supply chain management to accelerate the

the Meishan Port area. This will result in savings of approximately RMB 5.2 million in energy costs and a formation of a low-carbon

reduction of approximately 22600 tons of carbon dioxide emissions. transportation structure

Physic Risk Transition RiskPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Energy Management Green Port Construction

Ningbo Port has formulated a series of specific energy measurement operation guidelines including the Ningbo Port aligning with the national dual-carbon targets has formulated emission reduction strategies and action

"Measurement Management Measures" to standardize overall energy consumption accounting standards and plans. The Company continuously explores avenues to enhance the digitalization level optimize energy structure

methods. Through the intelligent energy management system energy consumption is detailed into various promote the upgrade and use of shore power for ships among other measures gradually advancing the integration of

operational links and the energy consumption situation of each production post is periodically evaluated to establish port green transformation with corporate strategic development. This comprehensive approach aims to achieve

an assessment mechanism to ensure the effective achievement of annual energy conservation targets. high-quality carbon neutrality goals.In 2023 the Company issued annual energy consumption targets and characteristic indicators for various units as well

as annual plans for energy conservation and carbon peaking. It also determined energy-saving and emission reduction By the end of the reporting period we have a total of five ports awarded the four-star "China Green Port" designation

projects for grassroots companies based on the annual energy consumption targets. According to the Company's (Beiyi Terminal Beier Terminal Beisan Terminal Taicang Wugang and Shulanghu Company). Beier Terminal

designated energy consumption targets refinement and decomposition are conducted at each level. Currently the and Taicang Wugang have been shortlisted for the Asia-Pacific Port Green Awards Program by the Asia-Pacific

Company's self-owned ETMS energy management system includes energy consumption management for 22 Ports Association (GPAS).grassroots companies and carbon emission management for 26 grassroots companies.Energy Usage

Energy Type Units FY2023

Diesel Liters 1150538.1

Fuel oil Liters 138274275.5

Direct Energy Gasoline Liters 1536361.4 Taicang Wugang Awarded the Four-star Beier Terminal and Taicang Wugang Was Shortlisted

"China Green Port" Certification. for the Asia-Pacific Port Green Award Program.Liquefied natural gas Tons 986.4

(LNG) Clean Energy Usage

Natural gas m3 375663.0 The Company maintains a leading position nationwide

in the scale of LNG trucks. As of the end of the reporting

period the Company owned a total of 592 LNG trucks

Purchased electricity MWh 784716.4 and 288 electric trucks with the proportion of clean

energy trucks reaching 47.9%.Indirect Energy

Purchased steam GJ 424.4 During the reporting period the Company achieved

significant progress in the application of power batteries

on fully revolving tugboats. A 5000-horsepower hybrid

Total energy consumption MWh 3387245.4 tugboat equipped with approximately 2100 kWh

batteries was completed and put into operation in

December of the reporting year.Energy consumption intensity MWh/RMB million revenue 130.3

In the future the Company will cease the procurement of traditional fossil fuel trucks and continue to increase

investment in clean energy transportation tools to reduce carbon emissions from transportation.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Case Injecting "Green Energy" into Chuanshan Port Area Encouraging the purchase of new energy vehicles for official use.The Company continuously explores innovative applications Demonstrating the effectiveness of smart energy management

of clean energy and actively participates in the national services wherein Xingang Property a subsidiary implements

key R&D project "Demonstration of Waterborne energy-saving and carbon-reducing measures such as establishing

Port-Multi-Energy Integration Technology and Integrated an Internet of Things smart platform and applying micro-hydro

Application." In this project photovoltaic sub-projects power generation technology. This initiative saves annual

are constructed on the roofs of three warehouses in the energy costs of RMB 440000 for property owners and achieves

Chuanshan Port Area reducing carbon emissions by a total carbon reduction of nearly 2000 tons earning the title

2016 tons annually. of "Zhoushan City Public Institution Green Low-carbon

Education Base."

The project adopts a "deep learning-based network attack detection method" to ensure the stable operation of

the network system and utilizes red modules with ultra-thin tunneling layers and high battery efficiency to further Promoting Paperless Office

improve power generation performance. Currently photovoltaic power generation can meet all the electricity

demand of the comprehensive building in the port area and plans are underway to connect to a multi-energy Thoroughly implementing the paperless concept by utilizing the OA office system email and other channels for

fusion power grid integrating "wind solar storage and hydrogen" to accelerate the realization of the port area's document circulation and approval."carbon peak" goal.Promoting the online digitization of legal information systems in the Company and the grassroots units digitizing

the entire process of contract drafting approval signing and execution.Green Office Actively using the archive system to digitize non-confidential archives for electronic borrowing

In 2023 the Company made effective efforts to promote green office practices adhering to the principles of energy significantly reducing the use of paper documents.conservation and environmental protection.Promoting the use of tablet devices and video

Implementation of Green Environmental Protection Concepts conferencing in Company meetings gradually

transitioning daily meetings at the headquarters

During summer indoor air conditioning temperature is maintained at no lower than 26°C while in winter it is kept and its subordinate grassroots units to a paperless

no higher than 20°C. format.Electric devices such as lighting and computers are promptly turned off after work hours. In the management of office supplies replacing solvent-based products such as glue with paper clips and staples;

requiring double-sided printing and careful proofreading for printed materials to reduce printing frequency;

Energy-saving travel slogans are posted in the corridors encouraging employees to walk instead of using elevators recycling waste paper and envelopes; phasing out the use of disposable paper cups to reduce single-use waste.for distances of up to three floors.Optimizing and Beautifying the Office Environment

Nationwide energy-saving publicity campaigns are conducted such as the "Green Classroom" lecture organized by

Meidong Company. During the event the video views exceeded 8600 and over 4500 people participated in green

and low-carbon quiz activities. Enhancing the refinement of green management by appointing dedicated personnel and improving maintenance

quality. There are over 1400 potted plants on the office floors contributing to the continuous improvement of the

working environment.Conducting tree planting activities in units such as Wenzhou Port Group Iron Division Meidong Company and

International Logistics. The environmental awareness of employees continues to strengthen.Continuously Promoting Energy Conservation and Emission Reduction

Strengthening unified management of official vehicles by developing and implementing an official vehicle

management system. This system facilitates comprehensive online management of vehicle maintenance and

repairs dynamic data queries and the efficient allocation of vehicles. Encouraging carpooling to increase vehicle

utilization efficiency and reduce exhaust emissions.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Smart Low-carbon Paperless Platform

Ningbo Port fully utilizes information technology and digital technology to actively promote the construction of a

Shore Power Construction paperless platform reducing paper resource usage to the maximum extent while improving quality and efficiency demonstrating commitment to green development through practical actions.Ningbo Port initiated the Ship High Voltage Shore Power project in 2015 and cooperated with the State Grid Ningbo

Power Supply Company to build the first domestic high-voltage variable frequency shore power project which was Ningbo Port's Comprehensive Digital Electronic Invoice Service Platform

officially put into use in 2016. The project was listed by the Ministry of Transport as one of the first batch of

demonstration projects for shore power energy substitution in ports. During the reporting period Ningbo Port's comprehensive digital

electronic invoice service platform was officially launched. This

During the reporting period the high-voltage shore power at Daxie Terminal was officially put into operation achieving platform enables unified issuance of digital special invoices and

full coverage and utilization of high and low-voltage shore power in the container terminal area of Ningbo-Zhoushan digital general invoices and synchronously launches electronic

Port. Taicang Wugang achieved full coverage of high and low-voltage shore power facilities at the terminal and full signatures and electronic bills. The platform shortens the invoice

coverage of low-voltage shore power for two-way vessel berthing operations successfully implementing high-voltage processing speed to the second level effectively improves the

shore power connection achieving a "zero breakthrough" in high-voltage shore power for vessels in the Yangtze River efficiency of customer bill audits shortens the settlement cycle

area. The single ship power supply of the shore power system at Ningbo-Zhoushan Port set a record for the largest single and reduces consumable costs.ship power supply in China.Port Internal Wheeled Machinery Licensing Management System

By the end of the reporting period

In March 2023 EasyPort successfully developed and

Ningbo Port has built 296 sets of shore power facilities achieving full coverage of container terminals and dry launched the Port Internal Wheeled Machinery Licensing

Management System providing online full-process services

bulk cargo terminals with a capacity of over 50000 tons. The annual number of ships connected to power exceeds for machinery license application to various units within

11000 the Ningbo Port area. This system truly realizes a one-stop making it the port with the most shore power connection points the widest distribution the service that allows "data to travel more and management

highest number of ships connected to power and the best utilization effect in the country. personnel to travel less" significantly reducing the use of

paper materials during the application process.Low-carbon Digitalization

The Company utilizes green and low-carbon

digitalization technology to enhance energy

management capabilities optimize energy

structures and achieve energy conservation

and efficiency. By building a comprehensive

smart energy management system across the

port area each port area realizes real-time

monitoring of major energy consumption

processes visualized data analysis and refined

energy-saving management. This system

promptly identifies operational areas with

abnormal energy consumption and conducts

remote inspections thereby supporting the

The "Baohang 58" vessel at Berth 1 of Taicang Wugang The High-voltage Shore Power at Daxie Terminal Was construction of green ports.Terminal successfully connected to high-voltage shore power. Officially Put into Operation. Comprehensive Smart Energy Management System Across the Port AreaPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Supporting the "Belt and Road" Initiative Case The Official Launch of the Ningbo-Jinhua Railway

"Belt and Road" Container Transportation Business In December 2023 the nation's first "double-decker high container" railway the Ningbo-Jinhua Railway

officially commenced operations. This railway establishes

a "direct connection" between the Ningbo Port and

Yiwu known as the world's small commodities capital

In FY2023 further opening up an "exit" channel to the central and

western inland regions. The temporal and spatial

35.3 linkage between the "Silk Road Economic Belt" and the The Ningbo Port achieved a container throughput of million TEUs marking a year-on-year increase "21st Century Maritime Silk Road" has become even

5.8% more closely integrated.of . The Company's container throughput reached 43.17 million TEUs with a year-on-year

growth of 6%. The total number of container shipping routes in the port reached 302 including

250 international trade routes. The "Belt and Road" routes accounted for 130 of these with an

addition of 10 routes compared to FY2022. Expanding Globally Around the "Belt and Road"

2023 marks the tenth anniversary of the proposal of the "Belt and Road" initiative. Ningbo Port has always been

committed to serving the construction of the "Belt and Road" continuously leveraging the open port and the integrated

advantages of Zhejiang's maritime ports. Aiming to become the optimal nexus for the "Belt and Road" the Company

has made significant progress in its shipping route network layout.Case Central Zhejiang Operating Platform Company

During the reporting period the Company participated in the establishment of the Jinhua-Ningbo Zhoushan Port Jinyi The proportion of "Belt and Road" routes within the Company's total shipping routes has continuously increased

"Sixth Port Area" Central Zhejiang Operating Platform Company. This venture will jointly operate sea-rail intermodal especially towards Southeast Asia. These routes now extensively cover major Southeast Asian countries including

transport China-Europe Railway Express and other services. This aims to boost the construction of the East China Vietnam Thailand Myanmar Malaysia Indonesia Singapore the Philippines and Cambodia.International Multimodal Transport Hub Port continually enhance the westward logistics capacity of the

Yiwu-Ningbo-Zhoushan Grand Canal and accelerate the comprehensive implementation of the Ningbo Port Jinyi Simultaneously the Company has focused comprehensively on second-tier ports along the "Belt and Road" that have

"Sixth Port Area" construction. favorable port-building conditions in emerging economies. In collaboration with investment enterprises the Company has actively pursued international market expansion through the "going global" strategy. Leveraging the advantages of

the home port's main business the Company has achieved breakthroughs in the layout of overseas investment

projects."Belt and Road" Annual "Belt and Road" Annual "Belt and Road"

Shipping Routes Flight Numbers Container Volume

- FY2013: 73 routes - FY2013: 3654 flights - FY2013: 7.53 million TEUs

- FY2023: 130 routes - FY2023: 5592 flights - FY2023: Over 14 million TEUsPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Case Launching Export Agency Business in Dubai In FY2023

During the reporting period Zhejiang Seaport Cloud Warehouse (Dubai) Supply Chain Management Co. Ltd.commenced operations successfully officially launching its Dubai-end export agency business. Located in the The sea-rail intermodal container volume of Ningbo Port reached 1.652 million TEUs ranking second

largest free-trade zone in the Middle East—Jebel Ali Free Zone—adjacent to Jebel Ali Port the largest

international transshipment port in the Middle East the Company provides one-stop comprehensive logistics nationwide with an average annual growth rate of 63.4% over fourteen years increasing the proportion

services. Leveraging the port advantages of Ningbo Port and the geographical benefits of the Jebel Ali Free Zone

it vigorously develops international transshipment consolidation and end-to-end logistics services further of the port's total container throughput to 4.68%.enhancing the cargo soliciting capabilities of overseas branches.To date Ningbo Port has launched over 100 sea-rail intermodal transport routes including 25 scheduled

trains with services extending to 65 prefecture-level cities across 16 provinces (autonomous regions and

municipalities) nationwide. This has formed three major logistics channels: north to the ancient Silk Road

central to the Yangtze River Economic Belt and south to the thousand-mile Zhejiang-Jiangxi line.Important Measures

Deepening Port-Rail Strategic Cooperation to Jointly

Case Enhancing the Southeast Asian Logistics Supply Chain System Build a High-Quality Sea-Rail Demonstration Area

In November 2023 Zhejiang Seaport (Vietnam) Supply Chain Management Co. Ltd. was established in Ho Chi In January 2023 the People's Government of Zhejiang

Minh City Vietnam with the aim of providing more efficient and convenient logistics solutions for Chinese-funded Province and China National Railway Group Co. Ltd. signed

enterprises in Vietnam while further enhancing the Company's Southeast Asian logistics supply chain system. By a strategic cooperation framework agreement proposing

extending logistics services overseas and actively positioning itself in both domestic and international markets to jointly build a high-quality sea-rail intermodal transport

the Company provides strong support for the dual circulation of domestic and international economies. development demonstration area. This aims to accelerate

the construction of sea-rail intermodal transport channels

that connect domestically and internationally pushing

Ningbo Port towards becoming a world-class strong port.During the reporting period the Company in deep cooperation with China Railway Group and Chongqing

Transportation Group jointly developed the "Chongqing-Ningbo Port" premium express line. This has reduced the

transit time of the Chongqing-Ningbo Port route to within two days. Leveraging digital technology to empower logistics

services it provides a "Unified Smart Network" of full-process digital services. The demonstration effect of the premium

express line promotes the extensive development of multimodal transport.Advancing the Digital Reform of Sea-Rail Intermodal Transport andPromoting the Interconnectivity

of Multimodal Transport Information

Sea-Rail Intermodal Transport

By adhering to digital empowerment and fully utilizing the early advantages of Ningbo Port in informatization and

Since 2004 Ningbo Port has been engaging in container sea-rail intermodal transport services which entered into digital reform efforts are directed towards promoting the co-construction of a sea-rail intermodal transport

regular operation in 2009. In recent years with the theme of promoting the high-quality development of the sea-rail information sharing platform among ports shipping companies and railways. This initiative aims to break down

intermodal transport demonstration area and guided by the aim to build core strength and actively construct a "dual information barriers upstream and downstream achieving functionalities such as full-process visibility tracking of

circulation" new development pattern the Company has committed to expanding and strengthening sea-rail container sea-rail intermodal transport business solicitation production collaboration and intelligent applications

intermodal transport. The Company has accelerated the construction of sea-rail intermodal transport channels that thereby using information technology to enhance service levels.connect domestically and internationally pushing Ningbo Port towards becoming a world-class port.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Enhancing the Comprehensive Transportation Model of Sea-Rail Intermodal Transport and

Extending Shipping Resources Inland Accelerating Openness and Development

Since 2018 Ningbo Port has vigorously promoted the comprehensive transportation business of sea-rail intermodal

transport. Currently 15 mainstream shipping companies can issue sea-rail intermodal CCA bills of lading with CCA Ningbo Port is actively creating global shipping routes to serve global trade promote foreign cooperation and

business extending to multiple sea-rail intermodal routes such as Chongqing Hefei and Wuhan. Utilizing the "single exchange expand its global "friend circle" and facilitate global port and shipping industry "soft connectivity."

container system" (i.e. a "single container to final destination" business model) the Company effectively addresses

enterprises' container usage challenges continuously improves the quality of sea-rail intermodal transport services Currently Ningbo Port is the only port globally to possess dual "ten-million TEU level" single container terminals the

and enhances the competitiveness of the sea-rail intermodal transport market. world's first "billion-ton" mega port leading global cargo throughput for 15 consecutive years and maintaining its

position as the third-largest in terms of container throughput for six consecutive years.Exploring Model Innovation to Boost the High-Quality Development of Sea-Rail Intermodal

Transport Business

Global Shipping Connectivity Integration into the International Multimodal In 2018 the first domestic double-decker container train was launched in Shaoxing receiving high praise from relevant Transport Corridor Pattern

national ministries and commissions provincial and municipal governments and the China Railway Group. This has The total number of container shipping routes has The China-Europe Railway Express sees steady growth.set a pioneering example for the development of double-decker trains in domestic sea-rail intermodal transport. reached 302 with 250 international routes covering The Railway Express is a crucial transportation tool for

Meanwhile Ningbo Port has advanced the construction of Yiwu's "Sixth Port Area" successfully launching the "Sixth more than 600 ports in over 200 countries and regions foreign trade enterprises and merchants to connect with

Port Area Sea-Rail Special Train" significantly enhancing cargo release efficiency and improving customer experience. worldwide. The number of main international trade countries around the world continuously expanding the

Implementation Effects routes is 142 accounting for 47%; the number of feeder "Jinhua Platform" overseas network for the China-Europe routes is 108 accounting for 36%. Railway Express. The number of routes has increased to

13 covering 16 countries including Russia Italy Hungary

Expanding markets enhancing services and achieving a more dense network coverage the five Central Asian countries Azerbaijan in West Asia

and Laos in Southeast Asia with more than 150 stations.The Company continuously intensifies its market expansion efforts and improves the quality of sea-rail intermodal

transport services. This has established Ningbo Port's high-quality service brand in sea-rail intermodal transport

building a network of over 100 sea-rail intermodal routes and covering 65 prefecture-level cities across 16 provinces Case Participating in the Organization of the 7th Maritime Silk Road Port International

(regions cities). Cooperation Forum

In July 2023 the 7th Maritime Silk Road Port International Cooperation Forum was successfully held co-organized by

Extending the Hinterland of Cargo Sources to Promote the Economic Development of the Hinterland Ningbo Port and sponsored by the Ningbo Municipal People's Government China Society of Navigation Water

Transport Science Research Institute of the Ministry of Transport Zhejiang Provincial Department of Transportation

The sea-rail intermodal trains from the inland areas to Ningbo Port provide a convenient "seaway" for the inland and China Port Association. The forum based on the new starting point of the tenth anniversary of the "Belt and Road"

region's economic activities. In particular the Chongqing-Ningbo premium express line enables local goods to reach initiative reflects the global port and maritime community's spirit of inheriting the Silk Road partnership. The forum

Ningbo Port within 48 hours significantly shortening inland transportation time. This improves the rapid response rate promotes more extensive and in-depth development of domestic and international port and maritime exchanges and

of Chongqing's foreign trade enterprises to overseas markets and lays a solid logistical foundation for Chongqing's cooperation building a shared vision for an open-type port and maritime cooperative relationship. It is grounded in the

industrial restructuring and upgrading and investment attraction. new dynamics of constructing world-class powerful ports showing the global port and maritime community's goal of

building core port competitiveness aggregating support and enhancing radiating driving force.Persisting in Digital Empowerment to Achieve Informatization Transformation and Upgrade

The Company promotes the co-construction of a sea-rail intermodal transport information sharing platform among

ports shipping companies and railways achieving a complete online business cycle for sea-rail intermodal transport

diversified and refined sea-rail intermodal transport data analysis and convenient and mobile operation queries.Leading the industry in digital transformation and upgrading this comprehensive improvement enhances service

levels.Establishing Brand Effect Enhancing City Recognition

With sea-rail intermodal transport as the link the Company intensifies the promotion and introduction of sea-rail

intermodal transport continually enhancing cooperation and exchanges between the port and inland cities. Ningbo

Port's container sea-rail intermodal transport business has established a strong brand effect providing logistics

solutions and sea-rail products for customer groups with high added value strong timeliness requirements large

volumes and concentrated shipments becoming a prominent feature of Ningbo city.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

According to the "Xinhua-Baltic International Shipping Centre Development Index Report (2023)"

Case Sino-Japanese Joint Venture to Build an International Supply Chain Ningbo-Zhoushan ranked 9th among global international shipping center cities further enhancing its

In 2003 a subsidiary of the Company jointly ventured with Suzuyo & Co. Ltd. from Japan to establish Suzuyo international influence.Logistics. Leveraging the overseas foundation of the Japanese shareholder Suzuyo Logistics has developed an The port hub's advantages and its radiating effect have driven the agglomeration and development of port-related

operational system supplier system and informatization system that cater to Chinese-funded clients assisting industries such as shipping warehousing and port logistics as well as derivative industries like port finance

them in achieving internationalization of their supply chain. To date the Company has established business insurance and ship leasing. This has led to the formation of several hundred-billion-yuan industrial clusters in

points in countries along the "Belt and Road" such as Vietnam and Thailand. automobile manufacturing new materials home appliances textiles and apparel promoting urban

Vietnam: Thailand: development.In collaboration with local partners in Vietnam a In collaboration with Suzuyo & Co. Ltd. of Japan logistics

Sino-Vietnamese customer supply chain service system services such as local transportation warehousing Promoting the development of Ningbo's foreign trade in 2023 Ningbo's total import and export volume ranked

was co-established. Located in Longjiang Industrial and international sea freight are provided for Chinese 6th nationwide with its national share continuously increasing. The total volume of foreign trade reached

Park in Xinfu County Qianjiang Province in southern enterprises stationed in Thailand under the "Belt and RMB 1.28 trillion a year-on-year increase of 0.9% including exports of RMB 828.78 billion up 0.7% and

Vietnam the partnership takes advantage of the Road" initiative. The business in Thailand adopts a imports of RMB 449.15 billion up 1.1%.complementary strengths of Chinese and Vietnamese model of cooperation with local industrial parks

logistics enterprises to provide comprehensive logistics actively offering logistics services to Chinese-funded Creating economic benefits in 2023 Ningbo's GDP exceeded RMB 1.65 trillion reaching the level of a high-

services for Chinese-funded enterprises in the park. enterprises. This approach has been recognized by income economy per capita GDP. It ranked first in industrial total output value in Zhejiang Province led the

These services include Sino-Vietnamese sea transportation many enterprises within the cooperating parks leading nation's cities in the number of national-level manufacturing champions and was among the leading major

land transportation and Vietnamese export services. to rapid business growth. In 2023 the container cities in China in terms of net talent inflow.In 2023 the container business volume exceeded business volume exceeded 10000 TEUs.

20000 TEUs.

Promoting Regional Economic Development and Improving

Residents' Lives

Over the years around the development strategy of "port-led city development and city-promoted port strength" the

port's role in regional economic development has become increasingly significant. According to statistics from

authoritative transportation organizations the development of the port is inseparable from Ningbo's economic

growth. Specifically for every additional ton of port throughput Ningbo's GDP increases by RMB 204 and for every

additional standard container of container throughput Ningbo's GDP is boosted by RMB 5863.Ningbo Port continually promotes the spatial layout of the port area builds a modern industrial system around the

port and creates a port-city supply chain with shared benefits. This effectively drives the development of industries

near the port and plays a crucial role in industrial production and livelihood security in Zhejiang Province.Promoting Regional Economic Development In FY2023

The Company provided all the iron ore and coal transshipment required by Ningbo Steel

Port-Led City Development totaling 11 million tons;

Provided iron ore and coal transshipment for Juhua and Yuanli Metal in the Zhejiang western

"Port-led city development" is a common evolution pattern for port cities. As the construction of the Ningbo

metropolitan area progresses and the integration of the Yangtze River Delta accelerates Ningbo and Zhoushan are region totaling 7.6 million tons;

jointly enhancing the "dual circulation" in their collaborative openness collectively amplifying the advantages of port

openness and becoming the forefront of "dual circulation." Ningbo Port uses the port as a link to actively radiate and Offered coal transshipment services for power supply to Zhejiang Energy Wuchan

drive the development of the Yangtze River Delta and surrounding cities integrate high-quality resource elements

promote regional port and maritime integration and advance high-quality regional economic development. It Environmental Energy National Energy and Datang Power among other power enterprises

leverages Ningbo's combined advantages of "manufacturing + trade + logistics" to facilitate both domestic and

international dual circulation accelerating the formation of a new pattern of "port-led city development city-promoted in the hinterland totaling 19.5 million tons.port strength port-driven city prosperity and integrated development" becoming a true "core" force.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

With the continuous development of modern logistics and the rise of cross-border e-commerce Ningbo Port's role in

the global logistics chain has become increasingly important. In recent years during the "Double 11" shopping festival Promoting Rural Revitalization

about a quarter of the country's cross-border parcels were transported through Ningbo Port. Fruits from Southeast

Asia milk and beef products—even live cattle from Australia and New Zealand—European wines and Argentine Ningbo Port actively responds to the central government and Zhejiang Provincial Committee's decisions and

Antarctic red shrimp are all transported via Ningbo Port making their way to residents' dining tables. deployments on promoting rural revitalization undertaking various collaborative support activities establishing

harmonious corporate-local relationships and contributing corporate strength towards the goal of common

prosperity.Tax Contribution and Employment Pairing and Support for Fengxi Village Shiyang Township Longyou County

Tax Governance This includes collaborative projects like "enclave" cooperation between mountainous and coastal areas cultivation of a hundred acres of yellow tea and support for the elderly and young among the needy conducted through

donations investments and assistance for those in difficulty. In 2023 Fengxi Village's operational income surged

The Company adheres to legal tax obligations implements national tax regulations and tailors and enhances its tax from RMB 9800 before pairing to RMB 824900 an increase of 80 times while the collective income of the village rose

management policies and systems according to the actual situation. The Company establishes audit processes for the from RMB 144700 to RMB 1.02 million.tax treatment of various economic activities; and calculates declares and pays all applicable taxes accurately and

promptly while handling related tax matters.The Company and the subsidiaries adopt a hierarchical tax management model where each entity is responsible for its

tax activities according to tax law. A three-level tax review and approval system involving tax personnel tax managers

and tax supervisory leaders is in place.In FY2023

Pairing and Support for Shichuan Village Badu Town Longquan City Lishui

The Company's total tax contribution amounted to RMB 1.722 billion with a

The Wenzhou Port Group a subsidiary of the Company has continued to promote the local Longquan to Xiaoshan

cumulative total of RMB 8.444 billion paid in taxes from 2019 to 2023. enclave project the Longquan Wuhuyang standard factory building joint construction project and the joint

development of the Datan Small and Micro Park in Badu Town among other projects. In 2023 an

additional procurement of RMB 210000 was made aiding the village in leaping from a collective operational income

of zero in 2018 to over RMB 500000 in collective operational income in 2023.Promoting Employment

The Company actively creates job opportunities in its region stimulating regional economic development. The growth

of the Company's port business has propelled the development of related industries such as agency shipbuilding

maintenance shipping parts sales as well as finance and insurance providing ample employment opportunities

locally.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Pairing and Support for Sanxing Village Sangzhou Town Ninghai County Embracing Corporate Social Responsibility

For over 20 years since 1996 the Company has continuously dispatched cadres to serve as rural work instructors for

village assistance undertaking a series of support projects to strive for a fundamental shift from "providing blood" to Ningbo Port has always adhered to the mission of "strengthening the port to serve the country and the world" aiming

"generating blood." In 2023 efforts to broaden the stable income-generating avenues for the village's collective for the maximization of long-term value. The Company integrates the concept of social responsibility with the

economy were further intensified with Sanxing Village's collective operational income exceeding RMB 300000. development strategy pursuing economic benefits and safeguarding the interests of shareholders and creditors while

actively engaging in various public welfare activities to promote harmony among the economy society and the

environment.Giving Back to Society

Material Support

The Company handles a variety of cargoes including iron ore coal crude oil and grain which are essential for

industrial development livelihood security and grain supply. By leveraging its business strengths the Company

Guoju Street Beacon Volunteer Alliance ensures the basic supply and smooth logistics of these materials.Subsidiaries such as Beisan Group and the Ore company's Zhongzhai Terminal have strengthened their collaboration

with Guoju and Baifeng Streets through government-business cooperation. In 2023 they launched multiple joint Case Summer High Temperature Coal Transportation Assurance

activities established the Guoju Street Beacon Volunteer Alliance and mobilized young members to donate 412 books

to the "Sea Children's Home" in Guoju Street and engage in voluntary blood donation among other activities. In the summer of 2023 amid strong local demand for

electricity coal in Zhejiang Province the Company

fully committed to the "electricity coal supply battle."

The Ore Company Railway Company and Wenzhou

Port Group completed a total of 1.96 million tons of

electricity coal transportation in June and July. Zhoushan

Company Jiaxing Port Affairs and Taizhou Port Affairs

completed a total coal throughput of 7.4038 million

tons in the two months providing crucial coal supply

to large power plants under State Power Datang

Wusha Mountain Power Plant and Xiangshan

Zhengyuan Power Plant addressing their urgent need

for fuel coal."Linking Hearts for a New Journey" Charity Fund

Since 2018 Taicang Wanfang a subsidiary of the Company in collaboration with Xunlian Village and Dangqian Village

in Huangjing Town Taicang City has actively participated in the "Linking Hearts for a New Journey" charity fund. It has

continued to carry out charitable activities aimed at poverty alleviation helping the needy and assisting farmers

to increase their income with a total donation amounting to more than RMB 300000.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Tugboat Rescue Operations Beier Group Mali Love Volunteer Mutual Aid Alliance

Subsidiaries of the Company including Zhoushan Port Established in 2016 the Beier Group Mali Love Volunteer Mutual Aid Alliance has since engaged in a wide array of

Haidong Towage & Barge the Tugboat Company and volunteer activities including services for women's volleyball events emergency rescue services practices for the new

Wenzhou Port Service Company have participated in and era's civilization and weekend community involvement activities. In FY2023 the alliance conducted 149 various

successfully completed multiple maritime rescue and volunteer service activities accumulating 1155 hours of volunteer service and serving over 750 people.emergency response operations. They have dedicated

their efforts to ensuring the safety of lives and property in

the surrounding maritime areas with several tugboats

being recognized by the Ministry of Transport as outstanding

social search and rescue forces for their significant Conducting Tugboat Rescue Operations

contributions.In FY2023

The Ningbo Port Area tugboat team of the Company

completed 94 maritime rescue and emergency

tasks dispatching tugboats on 152 occasions "Protecting the Yangtze River Our Mother River" Volunteer Service

and rescuing 70 vessels in distress. Initiated by subsidiaries such as Taicang Wugang and

Taicang Wanfang the "Protecting the Yangtze River Our

Mother River" civil practice volunteer service has been

Honored as An "Outstanding Collective in Maritime ongoing for 8 years. Through irregular volunteer activities

Search and Rescue" by Zhejiang Province for the each year it supports the ecological restoration of the

Year 2022 Yangtze River. In 2023 over 500 volunteers participated

collecting more than 700 bags of trash.Public Welfare Activities In FY2023

The total duration of various community volunteer

Ningbo Port has a long-standing commitment to social

welfare engaging in a wide range of volunteer activities service activities reached 18761 hours.over the years.Beiyi Group Polaris Volunteer Team

The Beiyi Group Polaris Volunteer Team has organized tens of thousands of participants in a variety of volunteer

activities including services at women's volleyball events nursing homes and traffic direction. In 2012 the team

launched the Polaris "Little Swallow" refueling station volunteer service project serving over 40 families in FY2023 with

volunteer hours exceeding 400 hours.Moving Forward Together with Employees

Ningbo Port consistently regards the employees as the most valuable resources and wealth of the enterprise. By

safeguarding employee rights and interests enhancing career development platforms increasing employee care

focusing on democratic management and organizing various leisure activities the Company fosters a harmonious

innovative and enterprising work atmosphere internally.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Labor Harmony Salary and Benefits

The Company earnestly implements the "Ningbo Port Total Wage Management Method" constructing a compensation

Ningbo Port strictly abides by national laws and regulations to genuinely maintain and protect employees' lawful rights management system with its own characteristics that balances management and motivation. By adopting a

and interests. mechanism that aligns the total wages of employees with the contribution to profitability and labor productivity the

Company ensures that the annual total wage of each unit follows the principle of "increase in benefits increase in

The Company places high importance on the income treatment and welfare of the employees implementing a system compensation; decrease in benefits decrease in compensation" continuously enhancing the enterprise's vitality

of labor contracts for all employees and paying labor compensation on time and in full according to national creativity and market competitiveness. Accompanied by the Company's operating performance and volume of

provincial and municipal regulations as well as those from higher authorities. business continuously improving in recent years the salary level of Company employees has also steadily increased

The Company strictly adheres to national and local government regulations such as those prohibiting the employment with the average income per employee in FY2023 exceeding the provincial and city CPI growth rate.of child labor forbidding the hiring and use of child labor. During the reporting period there were no instances of The Company and the subsidiaries have designed a matching compensation structure according to employee

employing child labor. positions capabilities and performance and market levels mainly consisting of position grade salary seniority salary

The Company follows the principles of diversity and anti-discrimination in employment ensuring there is no allowances (subsidies) and bonuses. At the same time the Company has implemented multi-dimensional and

discrimination against employees based on "ethnicity race nationality religious beliefs gender age" in terms of diversified performance evaluations for employees through the establishment of systems such as "Management

hiring compensation training promotion dismissal or retirement. (Technical) Personnel Management Methods (Trial)" "Employee Rewards and Penalties Methods (Trial)" and

"Management Team Members' Business Performance Assessment and Compensation Management Methods" fully

motivating employees to "compare learn and catch up" through scientific and standardized assessment methods.The Company strictly adheres to the national social security mechanism paying various social insurance fees and

By the end of the reporting period the total number of housing provident funds for employees and provides additional security by purchasing corporate annuities while also

employees in the Company is 17635. establishing and improving a multi-level employee pension insurance system. The Company actively implements the

"Employee Welfare Fund Management System" and "Attendance and Leave Management System" providing

Employee Structure employees with various welfare funds and leave. During the reporting period the Company strictly followed the

"Population and Family Planning Regulations" implementing regulations for parental leave allowing employees to

Education Background enjoy 10 days of parental leave each year within three years of their child's birth.Age Distribution： Gender Distribution: Distribution:

Benefits Employee leave

Employee Convalescence Fee Public Holidays Bereavement Leave

Employee Lunch Subsidy Rest Days Home Leave

Heatstroke Prevention and Cooling Measures Fee Paid Annual Leave Maternity Leave

Employee Hardship Assistance Official Leave

Nursing Leave

Care Leave

Reward for Parents with a Single Child Sick Leave Injury Leave

Home Leave Travel Expenses Personal Leave Parental Leave...... Marriage Leave ......Under 30 years old Graduate students

Male (including Masters)

30 to 50 years old Undergraduate students

Female (including Bachelors)

Talent Development

Above 50 years old Junior college (Associate degree) Ningbo Port adheres to the principle that "talent is the primary resource" vigorously implementing strategies to

Secondary vocational high strengthen the Company and port through talent striving to enhance its talent pool. The Company actively transforms

school and below its talent advantage into innovation competitive and developmental advantages providing a strong talent guarantee

for the construction of a "world-class strong port."Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Employee Recruitment Employee Training

The Company focuses on talent team building adhering to the "eight musts" and "eight prohibitions" recruitment The Company places high importance on the continuous learning and development of its employees with a focus on

principles and continuously recruits outstanding talents in the industry through various online and offline channels to improving political quality and building capabilities. The Company conducts categorized education and training for

enrich the talent pool. employees in management (technical) and operational support positions. Training content covers general

management skills enhancement professional knowledge and skills training aiming to comprehensively improve the

overall quality of the employee team.In FY2023

482 299 The "Employee Education and Training Management Method" established by the Company specifies the procedures The Company recruited a total of employees including fresh college graduates funding and treatment during training for employee education and training. This provides a strong institutional

179 4 guarantee for employees to receive education and training offering talent assurance and intellectual support for through social recruitment and veterans. building a world-class strong port.

In line with the operational strategy and talent development plans the Company formulates annual education and

training plans for employees based on layered and categorized training principles. The Company also ensures that each

unit meticulously organizes and implements each training session according to requirements actively participates in

Fresh College Graduates Recruitment: By attending college job fairs and holding special superior-level training and conducts related work such as implementation assessment and evaluation of education

promotional events the Company attracts outstanding fresh graduates to join the port's and training within the units.talent team.In FY2023

Social Recruitment: The Company actively conducts social recruitment according to the

needs of production development and business expansion. The Company conducted over 500 training sessions with more than 40000 participants in total

Ex-Servicemen Recruitment: With a high level of political consciousness and a strong sense accumulating up to 660000 hours of training.of mission the Company employs various measures to facilitate the employment of

ex-servicemen fulfilling the social responsibility of a state-owned enterprise.Case Campus Recruitment Fair

In 2023 the Company attended 30 campus recruitment

fairs at over 20 colleges and universities including Wuhan

University of Technology held a special promotional

event at Shanghai Maritime University and cooperated

with professional recruitment platforms like "Boler

Campus Recruitment" for group recruitment activities. Case Continuing Education Training for High-Skilled Talent

In 2023 aiming to create seamless career development

pathways for high-skilled talents and professional

technical talents and to enhance the cultivation of

innovative applied and skilled talents the Ore Company

a subsidiary of the Company organized continuing

education training for high-skilled talents.The Ore Company Conducted Continuing

Education Training For High-skilled TalentsPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Promotion and Development In FY2023

The Company continuously broadens the development pathways for various talents by establishing a comprehensive The Company's trade union carried out various care activities with a total investment

job promotion system opening up broad career development opportunities for its employees and creating a favorable

talent development environment with the motto "growth has its paths achievement its stage." Each year the Company in employee assistance and consolation funds reaching RMB 11.71 million.and the subsidiaries undertake promotion and appointment processes promoting eligible individuals based on annual

performance assessments and overall performance. Welfare items for the Mid-Autumn Festival and National Day were distributed to all union members through the

Zhejiang Welfare Mall.For management (technical) positions the In FY2023

"Management (Technical) Personnel Management Comprehensively enhanced the quality and effectiveness of the "Care and Five Deliveries" traditional signature

Method" set by the Company specifies the basic brand service using "order-based" services to effectively align the "Five Deliveries" with employee needs.conditions frequency and processes for business The Company promoted 92 employees with 1221

level promotions establishing a clear and orderly

professional technical talent development promotions in totalincluding 256 new mid- to senior-level

channel. For operational support positions the technical titles; various units within the Company newly

"Operational Support Position Employee Career

Development Management Method" outlines the appointed 209 individuals to mid-level positions and

skill level promotion sequence and skill position above.sequence.Employee Care

Employee Welfare

The Company strives to create a favorable working environment for the employees making every effort to improve

their living conditions and foster a sense of warmth within the enterprise thereby enhancing overall employee cohesion.Employees are regularly provided with work The Company built a Cafeteria for employees.attire.Implemented daily support for employees in distress due to illness and mutual aid policies for employees. Throughout

the year subsidies were provided to 109 employees suffering from special diseases. Additionally 323

instances of maternity consolation and 767 instances of consolation for employees in distress due to illness were

Fo carried out.od

Organized summer charity schools Mid-Autumn cooling parties parent-child activities and social events for single

The Company established multiple young people.shuttle bus routes that directly connect

The Company constructed employee Acco ion to various terminals for commuting dormitories. mm to rta employees to and from work.da potio sn Tra

n

Social Events for Single Young People Summer Charity Schools Mid-Autumn Cooling Evening Party at

Shulanghu Company

ClothingPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Caring for Women In 2023 taking the opportunity of the Staff Cultural Festival and the First Staff Sports Meeting the Company organized

competitions such as table tennis badminton basketball football and tug-of-war attracting 1463 employees to

For many years the Company has focused on the needs of the female employees caring for and supporting them participate and strengthening their cohesion and unity.through various cultural activities and warm-hearted measures creating a better life for female staff.Organizing themed activities for International Women's Day on March 8th.The Company and the subsidiaries have jointly established 30 "Mommy Rooms" across various grassroots units.In 2023 the Company's sports teams achieved excellent results in various competitions:

The basketball team represented Zhejiang Province and won the national championship in the basketball event of

Caring for the Youth the 14th National Games for Masses marking the first time that Zhejiang Province achieved such an honor in this event and setting a new record for the province.The Company maintains its focus on the young employee demographic continuously enriching the platforms for youth

and Communist Youth League activities guiding young people to achieve success and supporting their development. The football team was awarded the runner-up in the Comprehensive Group of the 2023 "Dream China" "Haiwei

Group Cup" Ningbo City Government and Enterprise Football Tournament.Guiding the majority of Youth League members to inherit the "red gene" and bravely undertake their responsibilities

and missions with the young employee Weili Huang serving as a delegate to the 19th National Congress of the

Communist Youth League in Beijing.Organized the "My Youth in Building a Strong Port" Triple Three Innovative Youth Achievement Competition with 63

achievement projects by youth organizations at all levels within the Company achieving success.Conducted various activities for young people including volunteer services social networking technical skill

competitions and youth debate contests.Employee Democratic Management

Cultural and Sports Activities Ningbo Port adheres to the implementation of the system of the Workers' Congress leveraging the roles

The Company organized a variety of healthy and diverse cultural and sports activities to enrich employees' leisure time of representatives of the Workers' Congress and

and enhance team cohesion and solidarity. specialized committees ensuring smooth channels for

employees' appeals and standardizing the disclosure

of corporate affairs and the collection of proposals

from the Workers' Congress. In 2023 a total of 3

proposals related to port dredging labor security

personnel recruitment and other matters were collected

and processed achieving a grassroots satisfaction rate

of 100%. In the survey and evaluation of corporate

affairs openness conducted during the Fifth Session of

the Workers' Congress the satisfaction rate of

employees reached 100%. "Fifth Session of the Workers' Congress"Service Quality

Service Efficiency

Customer Service

Intelligent Port

Service

Chapter

Berthing Efficiency of 200000-ton

Container Ships

TEUs/hour

Satisfaction rate among petitionersPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Service Quality Service Efficiency

Ningbo Port upholds the concept of high-quality service deepens the awareness of quality service strictly controls the

quality of service. This commitment has led to further improvements in port service quality establishing a strong "Soft

Power" in service excellence.Service Efficiency Situation of

Our Core Goal of Quality Management: First-class service the Company in 2023

Our Quality Culture: Casting benchmark port with high-quality service The World Bank's third edition of the Container Port

5

Our Mechanisms: Compilation of "Safety Technical Operating Procedures" "Cargo Quality Management Measures" Performance Index (CPPI 2022) released in 2023

"Monthly Evaluation Measures for Business Service Quality" "Assessment Management Measures for Ship Plan ranked the operating efficiency of 348 container

Fulfillment Rate" "Production Dispatch Operating Procedures and Assessment Measures" and other systems and ports worldwide. Ningbo Port ranks second on the

specifications. Mainland China and seventh globally."One Core Four Sharing Dual-cycle"

Quality Management Mode ice lolity of

serv op for a

a ll sc

al q

u ena

Logistics Source: CPPI 2022

syndication

During the

reporting period

Port city Hardcore Digital

intelligence The berth efficiency of 200000-ton container ships reached 382 TEUs/hour integration strong port sharing

setting a new global record for the fastest operation efficiency on the "OCEAN Europe Line 4."

Win-win

for

l customerse pro q

u

ce tion Four Key Indicators Lead Globallyss of internal opera

Average efficiency of 400000 tons of ore ships at berth: Average mainline ship hour efficiency

Case The First Port Enterprise in China to Win the China Quality Award 6680 tons/hour 118.2 TEUs/hour

Maximum ship-time efficiency: Average mainline berthing efficiency

The China Quality Award is the highest honor in the field of quality in China aimed at promoting scientific

quality management systems models and methods. In 2021 Ningbo Port helped its controlling shareholder 392.3 TEUs/hour 102.1 TEUs/hour

Ningbo Zhoushan Port Group won the China Quality Award with the "One Core Four Sharing Dual-cycle"

quality management mode becoming the first port enterprise in China to receive this honor and the first Case Successfully Completed the First-Class Port with Excellent Efficiency Special Action (Phase I) Work

enterprise in Zhejiang Province to be awarded.During the reporting period guided by the idea that "the best service is to attract cargo" the Company

formulated a plan for the First-class Port with Excellent Efficiency Special Action (Phase I) and successfully

completed relevant assessment indicators continuously improving the service level of terminals and the

service experience of shipping companies comprehensively enhancing service efficiency.Port connect

the World Extern

ality loop

Serve the world

rio

s

ho w

ThePreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Customer Service Customer Complaints and Handling

To fully protect customer rights and continually optimize and

Specialty Services improve services Ningbo Port has established and improved mechanisms for customer feedback complaints and

handling. The Company has set up diversified customer

Ningbo Port currently offers specialized services at its terminals such as blending screening and mixing of iron ore and coal. feedback channels such as petition channels and external

Specifically the Shulanghu Company provides bonded blending and ore grinding services while the Ore Company offers complaint hotlines to receive and promptly address

fine mixing services for iron ore. Additionally the Company's end-to-end logistics services aim to integrate port logistics customer grievances. Meanwhile the Company's business

resources advance the development of a comprehensive logistics system and tiered logistics network focus on solving the departments regularly conduct customer satisfaction

"Last Mile" challenge and achieve "Door-to-door" logistics services for customers. surveys and optimize services based on customer feedback

and continuously improve customer satisfaction. Customer Satisfaction Survey

During the reporting period the Company did not experience any violations involving health and safety impacts of products

and services.In 2023

The Company accepted customer feedback and complaints through the Zhejiang Provincial Petition Platform

Ningbo Municipal Petition Platform and external complaint hotline promptly handled relevant feedback and

complaints and achieved a 100% satisfaction rate among petitioners.Customer Privacy Protection

Case Door-to-Door Full-Service Logistics Ningbo Port strictly adheres to national laws and regulations rigorously protecting customer privacy information. The

Company enhances interaction with customers through intelligent system platforms and implements data isolation

strategies to ensure the security of customer information.The full-service logistics business ensures transportation

capacity through voyage chartering and time chartering During the reporting period the Company did not experience any incidents of customer privacy information leakage or

leveraging the functionality of the Ningbo Port ore system losses due to violations of relevant laws and regulations on customer information and privacy protection.to provide second and third-party non-ship transportation

services to steel trading companies addressing customers

single maritime transportation needs. Additionally to Responsible Marketing

better serve as a bridge between cargo owners and ports

the full-service logistics business can also provide a Ningbo Port strictly adheres to relevant national laws and regulations and always upholds the principles of integrity fairness

series of value-added services including information and transparency. The Company provides customers with the most authentic accurate and comprehensive product service

consultation logistics solution design unified settlement information and fully safeguarding customers’ right to know and their interests.cargo measurement insurance etc. In 2023 the full-service

logistics business completed a total of 28.06 million tons During the reporting period the Company did not experience any violations involving product and service information and

an increase of 9.8% year-on-year. identification as well as violations related to marketing communications.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Smart Port Case Successful Launch of Ningbo Zhoushan Port TOS System in Hangzhou Port Xiaosha Operation Area

In June 2023 the Ningbo Zhoushan Port TOS system was smoothly launched and tested in the Xiaosha

Comprehensive Operation Area of Hangzhou Qiantang Port becoming the first inland terminal in Zhejiang

In recent years Ningbo Port has been actively promoting the deep integration of next generation cutting-edge Province to go online with this system. This marked a critical step in the layout of ports from seaports to inland

technologies with port and shipping logistics businesses focusing on the digital port production and operation system ports laying a solid foundation for subsequent coverage of the entire province and expansion into the

intelligent terminal operation system digital logistics service system and the smart port digital ecosystem. The national market.Company accelerates the digital transformation of ports and shipping empowering with “Intelligence” driving

innovation“ Strengthening Hub Ports Extending Industrial Chains” and building an ecosystem to enhance the

efficiency and quality of services continually."4S" Smart Port Construction Concept

Smart: Excellent intelligence in port operations. Share: Open sharing of the port ecosystem.Satisfy: Convenient and satisfactory port services. Sustainable: Sustainable development of the port.Case Upgrade and Launch of CTOS System 3.0 in Zhenhai Port Area

In September 2023 the CTOS system 3.0 version was

Information Digital Management System upgraded and launched in the Zhenhai Port Area

effectively alleviating the contradiction between the

increasingly complex production operations at the

Ningbo Port is accelerating the construction of an informatized and digitized management system continuously promoting terminal and the increasingly saturating system

reforms in various fields and sectors to achieve efficient enterprise management. processing capacity. This upgrade enhanced the port

area's smart efficiency and solidly supported the

Ningbo Zhoushan Port Terminal Operating System (TOS) expansion needs of the production operations as the

port transitions from domestic to international trade.The Company independently developed a container terminal production operation system which was first launched in

2010. On May 27 2020 this system successfully replaced the imported systems at the Chuanshan port area of Ningbo Port

achieving domestic substitution. This milestone marked the end of China’s long-standing reliance on foreign systems for Ningbo Zhoushan Port Integrated CNC Platform

"ten-million TEU level" large-scale container terminal production operations.Based on the integration of the original management platforms in Ningbo and Zhoushan this platform has undergone

process reengineering and service function optimization to enhance port operational efficiency and promote the deep

Components: integration of Ningbo Port.Container Terminal Operating System (n-TOS system):

Responsible for commanding and dispatching the actual Service Objects: Government management departments port production enterprises and affiliated enterprises.production operation of container terminals.Container Terminal Central Business Processing System Functions and Achieve "Single- Unified Publication of

(CTOS system): Responsible for handling repetitive and Roles: window Acceptance." Pilotage Plans.

complex tasks such as terminal production operation

planning statistics and billing.Achieve Tugboat Achieve "Single-screen

Core Modules: Operations and Cross Perception" and "Panor-port Domain Scenarios. -amic View of A Ship."

Yard planning vessel stowage operation control wireless Operation Status: By the end of 2023 the platform had a

terminals remote control etc. can interact with intelligent total of 204 settled enterprises including 67 in Ningbo and

gate systems intelligent cargo handling systems and GIS 137 in Zhoushan. There were 35 cross-port pilotages and

visualization systems. 340 cross-port tugboat operations.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Smart Port Construction Case Successful Test of Remote-controlled Unloading Operation of Bulk Terminal Ship Unloader at Shulanghu Port

Shulanghu Company advanced the dock's overall intelligence upgrade in stages focusing on the goal of

Facilities Equipment and Technological Intelligence "achieving off-island operations." In January 2023 Shulanghu Ore Transfer Terminal successfully tested

remote control operations for the ship unloaders from an off-island location further increasing the feasibility

of unmanned operations at the island terminal.By the end of 2023 the Company had newly purchased 63 remote-controlled automated large-scale loading and

unloading equipment for projects such as Jiashan Dushan Port Area and Yiwu Suxi Station. About 83 newly

purchased and modified large-scale equipment in total were accepted with a remote-controlled automation rate of

approximately 28% for existing large port equipment.By the end of 2023 the Company participated in one national key R&D project and owned 625 patented

technologies.Awarded 1 "Special Award" 2 "First Prizes" 2 "Second Prizes" and 2 "Third Prizes" in the 2023 China Ports

Association Science and Technology Awards.Case Domestic Innovation of Quantitative Loading for Bulk Cargo Terminal with Unmanned Hopper Operation

During the reporting period Jiaxing Port implemented technological innovation and transformation of

traditional terminal bulk cargo operations pioneering the quantitative loading of bulk cargo terminals with

unmanned hoppers. The unmanned hoppers not only achieve efficient "One-to-Many" operations but also

ensure more accurate loading tonnage avoiding problems such as insufficient or overloaded loading and

repeated unloading by vehicles.Case Yongzhou Company Accelerates the Upgrade of Fully Automated Terminals

Subsidiary Yongzhou Company actively responded to the construction of the "2+1" smart terminal

demonstration project promoting the implementation of "Automatic Rail-mounted Cranes + Unmanned

Trucks (Mixed Operation) + Remote-controlled Bridge Cranes" to accelerate the transformation and upgrading

from traditional container terminals to fully automated terminals. Management Intelligence

Business Management Intelligence

The Company constructed the Collaborative Business Operation

System (CBOS) covering all port operations integrating and sorting

out business links dispersed among different departments and

grassroots companies achieving visual management and optimized

allocation of port resources. Real-time monitoring of on-site

Completed the automation Achieved the first ICT mixed operation Pioneered the intelligent lock station operations is conducted through digital software such as the

transformation of 16 rail-mounted with traditional trucks on mainline process for centralized loading and

cranes achieving full automation of ships. unloading on bridge-style bulk terminals terminal real-time production dashboard and video surveillance

the existing 52 rail-mounted cranes. achieving 100% application of intelligent system and AIS ship monitoring system to immediately notify

lock stations for all bridge cranes. relevant units and departments of any abnormal situations Collaborative Business Operation System (CBOS)

discovered.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Meidong Company has established a digital operation and control center for container terminals based on digital twin Service Intelligence

technology. This center enables the terminal operations to be "Visible Audible Manageable and Predictable" enhancing

the overall efficiency and foresight in handling operations. The Company actively integrates information resources from various logistics nodes to construct an intelligent logistics

service information system centered on port operations. This system incorporates information on ships ports and cargo into

a unified platform offering customers services such as smart booking optimal route selection end-to-end visibility and

precise shipping schedules.Easy Port Platform

During the reporting period the Company upgraded the Easy Port e-commerce platform using a "Platform + Module"

microservices technology architecture promoting the official launch of Easy Port e-commerce platform 2.0 further catering

to market demand and improving customer satisfaction.The Ningbo Zhoushan Port Meixi Roll-on/Roll-off Produc-

tion Business System (Phase II) has significantly improved

roll-on/roll-off service quality and average response

efficiency of business nodes providing solid support for

consolidating strategic cooperation with major customers

and attracting foreign trade sources in the next step.The intelligent integrated system for cargo handling at the Zhuangyuan'ao Port Area of Wenzhou Port achieves automated Bulk General Cargo Digital Supply

processing of cargo handling operations reducing manual operations that previously took 2 minutes to within 30 seconds. Chain Service Platform

This improvement enhances the efficiency of port operations providing robust support for reducing vessel turnaround time

lowering port operation costs and enhancing customs supervision intensity. The Company continues to advance the construction of the bulk and general cargo digital supply chain service platform

project expanding the application scenarios and the

coverage of operation cargo types based on the existing

foundation and continuously optimizing and enhancing the

service functions of the platform. During the reporting

period the first full-process online blockchain electronic

warehouse receipt financing transaction was successfully

completed at the Longwan Port area in Wenzhou Port. This

marks a critical step in the company's journey towards

innovating digital supply chain services in port and maritime

operations.Ningbo Port Comprehensive Port

-side Services Platform

As a comprehensive platform providing port services to

Financial and Tax Management Intelligence units such as terminals customs ship agents freight forwarders and fleets the Ningbo Port Comprehensive

Port-side Services Platform (hereinafter referred to as

In November 2023 the Company's new generation bill "Port EDI") plays an important role in port linkage

business system successfully connected to the Shanghai business handling information query and logistics

Bills Exchange and officially went live. This development tracking. By the end of 2023 Port EDI has registered more than 150000 users; the average monthly active

further enhances the Company's financial digital service users reached 42000 a 34% increase from before the

capabilities providing a more convenient and efficient upgrade.platform to meet the Company's financing needs.The 14th Five-Year Plan for Development

ESG Development Plan

2024 Energy Conservation and Emission Reduction Plan

Future ChapterPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

The 14th Five-Year Plan for Development ESG Development Planning

During " The 14th Five-year Plan" period Ningbo Port has deeply studied and implemented the important speech of

General Secretary Xi Jinping during his visit to Ningbo Port. In line with practical conditions the Company has Ningbo Port’s ESG Development Objectives

formulated and issued the "14th Five-year Development Plan." This plan systematically outlines the development goals

and pathways for the Company during the "14th Five-year Plan" period ensuring the concrete realization of the "Dual

First-class" construction tasks. Overall objectives:

Adhering to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era

Overall objectives: comprehensively implement the new development concept of "Innovation Coordination Green Open and Sharing"

and steadfastly pursue sustainable development. Systematically advance the "Three Types and Five Transformations"

accelerate the construction of "Four First-class" standards and deeply integrate the ESG system to establish Ningbo

Basically build a world-class port Port as a world-class benchmark and model enterprise in ESG practices.Basically build a world-class strong port operation enterprise

Phase Goals:

Management Objective - to build "Six Ports":

Phase I (2024-2025)

Open ports: As a "Hard Core" force serving major strategic initiatives Ningbo Port actively aligns and serves national

key strategies such as the "Belt and Road Initiative" the Yangtze River Economic Belt and the integration of the Create high-quality ESG reports and enhance corporate rating level

Yangtze River Delta. The Company continuously enhances the radiating and service capabilities aiming to become a

new hub for facilitating both the domestic economic cycle and the dual circulation of domestic and international

economies. According to the requirements for ESG report preparation combine with industry characteristics corporate features and market demand to create a high-quality ESG report with rich content scientific structure and

Energetic port: Innovate organizational structures and mechanisms to establish a system that accommodates the readability. Strengthen communication and interaction with various authoritative rating agencies including

unique characteristics of port logistics and is compatible with international standards specialization and market MSCI (the world's largest rating agency). Continuously improve the quality of ESG reports optimize the indicator

orientation. Develop a scientifically sound classification management and assessment incentive mechanism to system implement ESG action plans and enhance the company’s ESG rating.enhance the Company's management level and soft power development thereby invigorating the enterprise.Intelligent Port: In response to the trend of digitalization accelerate research and the application of new

technologies such as 5G artificial intelligence big data the Internet of Things and blockchain. This effort aims to

expedite the comprehensive integration of information technology with port and maritime logistics fully creating a

new generation of smart ports driven by technology and defined by efficiency. Phase II (2025-2026) Phase III (2025-2027)

Green Port: Vigorously promote energy conservation and emission reduction and fully implement green and

low-carbon production methods. Enhance the port's pollution prevention and ecological protection capabilities Strengthen ESG management capabilities and Fully integrate the concept of ESG to support the enhance corporate development momentum sustainable and long-term growth of the Company

accelerate the transformation of environmental protection facilities at terminals and build a resource-saving and

environmentally friendly green seaport. Use the ESG report as a tool to continuously Combine ESG requirements with the Company's

improve ESG management capabilities regularly strategic planning budget management investment

Humanistic port: Actively engage in cultural exchange activities expand the global network of port and maritime engage in communications with stakeholders and and cooperation risk prevention and control and

"Cooperative Partners" and enlarge the port's "Circle of Friends." Actively integrate into international port and scientifically identify significant issues. Integrate performance appraisal to build a closed-loop ESG

maritime organizations amplify the "Zhejiang Port" voice share the "Zhejiang Port" experience and propose ESG into comprehensive risk management to control system. Merge ESG with financial and

"Zhejiang Port" standards. construct a three-tiered risk matrix defense operational activities to enhance risk prevention

system. Develop an ESG information platform to cost reduction efficiency improvement and

Rule of Law Port: Strengthen the top-level design with the theme "Rule of Law Port" constructing a long-term drive operational improvements with ESG data. transformation upgrades thereby supporting the

strategy for legal governance in port operations to promote the institutionalization standardization and compliance This approach not only enhances transparency long-term stable and sustainable development of

of all processes. Fully implement the responsibilities of the principal leaders of the enterprise as the primary and accountability but also aligns corporate the enterprise.individuals accountable for legal governance ensuring well-regulated management compliance in operations operations with sustainable development goals.standardization in administration and controllable risks.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

2024 Energy Conservation and Emission The Company will be intensifying the energy use adjustments to reduce emissions from port equipment. Through technological upgrades and the replacement of outdated equipment the Company aims to

increase the proportion of clean large port operation machinery to 94%. The Company plans to gradually

Reduction Plan phase out over 200 outdated diesel-powered mobile machines and increase the proportion of electric tractors and hydrogen fuel tractors. The plan includes adding more than 300 new electric tractors and over

To accelerate the construction of green and low-carbon ports Ningbo Port has formulated the key points for energy 30 new hydrogen-powered tractors.conservation emission reduction and carbon peaking for the year 2024. These initiatives are aimed at

comprehensively advancing the efforts in energy saving emission reduction and achieving carbon peak targets.

2024 Energy Conservation and Emission Reduction Plan

Promote the construction of photovoltaic and wind power facilities and increase the electricity

consumption of photovoltaic wind power and other renewable energy generation year by year.To enhance the energy conservation and emission reduction initiatives the Company is perfecting its work

mechanisms by strengthening organizational leadership. The Company is optimizing the structure and

functional allocation of management institutions at all levels and supervising departments to ensure

effective energy conservation and emission reduction efforts within the respective jurisdictions.Completing the study of the wind-hydrogen storage green port project in the Piercing Hill Port Area and the

pilot project of low-carbon port area in the Meishan Port Area.Revise and improve the Company's environmental management system and norms and standards in

accordance with relevant energy conservation and emission reduction policies and regulations and form

a systematic and complete system.Promote the use of LED lights and other green lighting fixtures in terminals yards roads large harbor

machinery and buildings and the coverage rate of LED energy-saving lights in key energy-using units

Implement a tiered energy conservation and emission reduction responsibility system by establishing reached 80%.clear lists of responsibilities and tasks. Further deepen goal assessments by incorporating energy

conservation and emission reduction performance into the annual work reports of responsible personnel.Promote the adoption of an intelligent energy management system optimize and enhance the port's

energy consumption statistics and analysis. Implement the construction of a comprehensive smart energy

Ensure the allocation of resources for energy conservation and emission reduction by optimizing and management system across the entire port area to gradually achieve intelligent management of various

detailing budget arrangements and increasing financial investment and innovative application research. energy sources including electricity water and fuel.This approach is aimed at enhancing the effectiveness of initiatives and fostering sustainable practices

within the organization.Strengthen the supervision of indicators strictly control energy consumption indicators and strive for a

steady decline in energy consumption.Continuously promote the construction and utilization of shore power facilities. By the end of 2024

Ningbo Zhoushan Port will strive to achieve full coverage of shore power except for liquid chemical berths.Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Annual ESG Performance Data Indicators

Governance Data Total safety training attendance (person-times)

Total safety training hours (hours)

Indicators Occupational Health and Safety

Shareholders and Investors Employee safety responsibility assessment coverage rate (%)

General meeting of shareholders held (session) Coverage of employee labor protection equipment distribution (%)

Announcement disclosure (files) Health examination coverage rate of new employee (%)

Performance briefing sessions held (number) Annual health examination coverage rate of current employee (%)

SSE interactive question response (number) Basic medical insurance employee coverage rate (%)

Cash dividends distributed (RMB billion) Integrity Building

Risk Management Integrity-related positions and operation points established (number)

Units that have passed ISO 37301 Compliance Management System Certification (number) Integrity education and training sessions (times)

Legal review rate of economic contracts major decisions rules and regulations (%) Anti-corruption

Units that have established an internal control standard system (number) Operation points that have conducted corruption risk assessments (number)

Safety Management Confirmed corruption incidents during the reporting period

Safety Supervision and Inspection Total anti-corruption training hours (hours)

Inspections conducted (times) Total number of anti-corruption training sessions (person-times)

Rectification completion rate (%) Supplier

Safety Hazard Inspection Proportion of procurement expenditure from local suppliers (%)

Inspections conducted (item) Suppliers Distribution

Detection rate (%) Total number of suppliers (number)

Safety Drills and Training Mainland China Hong Kong Macau and Taiwan (number)

Safety drills (field) Other countries or regions (number)Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Social Data

Indicators

Recycling Indicators

Other recycling operations Employee Profile

- Direct disposal Total number of employees (persons)

Incineration (with energy recovery) By employment type

Incineration (without energy recovery) Full-time

Landfill Part-time

Other disposal operations By contract

Permanent employee 1

Wastewater

Temporary employee 2

Chemical oxygen demand (COD) discharge (tons)

Non-regular employee

Total phosphorus (TP) (tons)

By gender

Total nitrogen (TN) (tons)

Male

Ammonia nitrogen (NH3-N) (tons)

Female

Total wastewater discharge (tons)

By age

Wastewater discharge intensity (million liters/RMB million revenue)

30 years old and below

Water Resources 31-50 years old

Fresh water usage (tons) Over 50 years old

Recycled water usage (tons) By grade

Percentage of recycled water usage (%) Management 3

Total water resources usage (tons) General employees

Water resource usage intensity (tons/RMB million revenue) Permanent employee: Employees on permanent contracts

Temporary employees: Employees on contracts of limited duration (i.e. fixed-term contracts)

Management: Division level and abovePreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Indicators Indicators

By region 30 years old and below

China (including Hong Kong Macau and Taiwan) 31-50 years old

Other countries or regions Over 50 years old

By educational structure Employee turnover rate 4

Graduate students (including master's degree) By gender

Undergraduate Male

College Female

Technical secondary school high school and below By age

New Employees 30 years old and below

Total number of new employees (persons) 31-50 years old

By gender Over 50 years old

Male Diversification

Female Proportion of senior management 5 h ired from local area 6

By age Proportion of management hired from local area

30 years old and below Proportion of women in management positions

31-50 years old Performance Evaluation and Career Development Assessment

Over 50 years old Proportion of employees who received performance evaluation and career development assessment during the reporting period

Employee turnover Number of employees who received performance evaluation and career development assessment during the reporting period

Total number of employees lost (person) By gender

By gender Male

Male Turnover rate for each category = number of employees who left during the year in that category / total number of employees in that category as at the end of the year.Female Local area: Registered residence or ID card address in Zhejiang Province

Senior management: Executives of joint-stock companies

By agePreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Indicators Indicators

Female General employees

By grade

Total employee training hours (hours)

Management

By gender

General employees

Male

Parental Leave

Total number of employees taking parental leave (persons) Female

By gender By grade

Male Management

Female

General employees

Total number of employees who returned to work during the reporting period after

parental leave (persons)

Average number of training hours per employee (hours)

By gender

By gender

Male

Female Male

Employee Training 7 Female

Total annual training expenditures (RMB10000) By grade

Total number of employees trained (persons)

Management

By gender

General employees

Male

Employee Care

Female

Investment in employee assistance and consolation money (RMB 10000)

By grade

Public Welfare Investment

Management

Employee training data includes employee professional knowledge and skills training occupational safety Charity donation (RMB 10000)

and health training and anti-corruption training.Public service (hours)Preface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Service Data Reporting Standards Index

Indicators

Reporting Chapters GRI Standards ESG Metrics System for ESG Reports of Listed Companies

Service Efficiency Controlled by Central State-owned Enterprises

2-1 Organizational details

2-2 Entities included in the organization’s

Berthing Efficiency of 200000-ton Container Ships (TEUs/hour) About this Report sustainability reporting

2-3 Reporting period frequency and

contact point

Average efficiency of 400000 tons of ore ships at berth (tons/hour)

Interpretation of the

Report

Maximum ship-time efficiency (TEUs/hour) 2-22 Statement on sustainable

Board Statement development strategy

Average mainline ship hour efficiency (TEUs/hour) Chairman's Message

Average mainline berthing efficiency (TEUs/hour) About Us

2-28 Membership associations

01 Governance Chapter

Customer Satisfaction Party Building and

Party Leadership G1.1.4 Party building leads

Satisfaction rate among petitioners (%) G1.1.1 Governance strategy formulation

2-10 Nomination and selection of the G1.1.2 Governance policy supervision process

highest governance body G1.1.3 Approval and review process of governance policy

Product Health and Safety Corporate 2-12 Role of the highest governance body G1.2.1 Ownership responsibilities

Governance in overseeing the management of impacts G1.2.2 Organizational structure and functions of the Board 2-13 Delegation of responsibility for of Directors the Board of Supervisors and the Management

Incidents of non-compliance concerning the health and safety impacts of products and services managing impacts G1.2.3 Appointment procedures and composition of the Board of Directors the Board of Supervisors and the

Management

2-13 Delegation of responsibility for

Number of complaints for safety and health reasons managing impacts

2-14 Role of the highest governance body

in sustainability reporting

Marketing and Labelling 2-17 Collective knowledge of the highest

ESG governance body2-26 Mechanisms for seeking advice and

Incidents of non-compliance concerning product and service information and labeling Governance raising concerns

2-29 Approach to stakeholder engagement

3-1 Process to determine material topics

Incidents of non-compliance concerning marketing communications 3-2 List of material topics

3-3 Management of material topics

Smart Port G3.1.1 Investor relations management strategy

G3.1.2 Investor communication

G3.1.3 Construction of an investor relations management

Patents granted (number) Investor Relations 2-16 Communication of critical concerns department

Management 2-29 Approach to stakeholder engagement G3.2.1 Shareholders' Meeting (General Meeting)

G3.2.2 Shareholder communication

New patents (number) G3.2.3 Shareholders' right to know and participate in

decision makingPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Reporting Chapters GRI Standards ESG Metrics System for ESG Reports of Listed Companies ESG Metrics System for ESG Reports of Listed Companies Controlled by Central State-owned Enterprises Reporting Chapters GRI Standards Controlled by Central State-owned Enterprises

G4.1.1 Financial disclosure 2-6 Activities value chain and other

S3.1.1 Supplier selection and management

Information Supplier business relationships S3.1.2 Number and distribution of suppliers

Disclosure G4.1.2 Non-financial disclosure Management 204-1 Proportion of spending on local S3.2.1 Policies and measures in supply chain management G4.2.1 Regular monitoring auditing and evaluation suppliers

of all disclosures S3.2.3 Significant risks and impacts (supply chain)

02 Environmental Chapter

G2.1.1 Internal audit

G2.1.2 Structure mechanism and process of

internal control E.1.1.1 Fresh water usage

G3.3.1 Credit situation

G3.3.2 Bond market compliance 303-1 Interactions with water as a

E.1.1.2 Circulating water consumption

shared resource E.1.1.3 Percentage of recycled water usage

Risk Control 2-25 Processes to remediate

G5.1.1 Compliance management system 303-2 Management of water E.1.1.4 Intensity of water consumption

negative impacts G5.1.2 Status of compliance system development discharge-related impacts E.2.1.1 Wastewater discharge compliance

G5.1.3 Compliance review specific processes 303-3 Water withdrawal E.2.1.2 Wastewater management and abatement

G5.2.1 Risk identification and early warning 303-4 Water discharge measures

G5.2.2 Risk control and tracking 304-2 Significant impacts of activities E.2.1.3 Wastewater discharge

G5.2.3 Risk reporting and management products and services on biodiversity E.2.1.4 Wastewater pollutant emissions

Environmental 305-7 Nitrogen oxides (NOx) sulfur E.2.2.1 Waste gas emission compliance

Protection oxides (SOx) and other significant air emissions E.2.3.1 Legal compliance for solid waste disposal

Intellectual 306-1 Waste generation and significant

E.2.3.2 General industrial solid waste management

Property Rights S2.3.3 Achievements in innovation waste-related impacts E.2.3.3 General industrial solid waste disposalS2.3.4 Protection of intellectual property 306-2 Management of significant E.2.3.4 Hazardous waste management

waste-related impacts E.2.3.5 Hazardous waste disposal volume

306-3 Waste generated

403-1 Occupational health and safety E.4.1.1 Impact of production services and products on

management system 306-4 Waste diverted from disposal biodiversity

403-2 Hazard identification risk 306-5 Waste directed to disposal E.5.2.1Water use management

assessment and incident investigation E.5.5.1 Environmental management system certification

403-3 Occupational health services

403-4 Worker participation S1.3.1 Employee occupational health and safety

consultation and communication on management

occupational health and safety S1.3.2 Employee safety risk prevention and control

Safety 403-5 Worker training on occupational S1.3.3 Responding to safety accidents and E.1.3.1 Fossil energy consumption

Management health and safety workplace Injuries E.1.3.2 Non-fossil energy consumption

403-6 Promotion of worker health S2.1.1 Policies and measures for standardized

403-7 Prevention and mitigation of manufacturing management

E.1.3.3 Proportion of non-fossil energy use

201-2 Financial implications and other

occupational health and safety impacts E.1.3.5 Energy intensityrisks and opportunities due to climate

directly linked by business relationships change E.3.1.2 Greenhouse gas emissions management

403-8 Workers covered by an Energy E3.1.3 Scope I emissions

occupational health and safety Conservation 302-1 Energy consumption within the organization E3.1.4 Scope II emissions

management system Emission

302-3 Energy intensity E3.1.6 Greenhouse gas emission intensity

403-10 Work-related ill health Reduction and

the "Dual 305-1 Direct (Scope 1) GHG emissions E3.2.1 Greenhouse gas reduction management

Carbon" Goal 305-2 Energy indirect (Scope 2) GHG E3.2.2 Greenhouse gas emission reductions

2-16 Communication of critical G2.2.1 Regulations and norms of integrity emissions E.3.4.1 Climate risk management

Integrity concerns construction 305-4 GHG emissions intensity E.5.1.1 Low -carbon development goal -setting and

Building 205-2 Communication and training G2.2.2 Effectiveness of integrity construction strategic measures

about anti-corruption policies and measures E.5.2.3 Energy use and energy conservation management

procedures E.5.4.4 Green office and operations

Business G2.3.1 Regulations and norms of fair competition

Ethics G2.3.2 Effectiveness of fair competition measures Smart Low

Carbon E3.2.1 Greenhouse gas emission intensityPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Reporting Chapters GRI Standards ESG Metrics System for ESG Reports of Listed Companies Reporting Chapters GRI Standards ESG Metrics System for ESG Reports of Listed Companies Controlled by Central State-owned Enterprises Controlled by Central State-owned Enterprises

03 Social Chapter S2.1.4 Negative events for products or services

S2.2.1 Customer satisfaction

203-1 Infrastructure investments and 2-6 Activities value chain and Supporting the S4.4.3 The Belt and Road and overseas responsibility

S2.2.2 Customer complaints and responses

services supported other business relationships"the Belt and fulfillment S2.2.3 Customer information and privacy protection

Road" Initiative 203-2 Significant indirect economic

417-3 Incidents of S3.1.1 Supplier selection and management

impacts Customer Service non-compliance concerning marketing communications S3.1.2 Number and distribution of suppliers

Accelerating 418-1 Substantiated complaints S3.2.1 Policies and measures in supply chain

Openness and concerning breaches of customer management

Development privacy and losses of customer S3.2.2 Supply chain security assurance and data contingency plans

S3.2.3 Significant risks and impacts (supply chain)

Promoting 203-1 Infrastructure investments and

Regional services supported S4.1.1 Payment of taxes and fees

Economic S2.3.1 R&D and innovation management systems203-2 Significant indirect economic Smart Port

Development impacts S4.4.1 Industrial transformation

Promoting 05 Future Chapter

Rural S4.2.2 Contribution and impact on local communities

Revitalization The 14th

S4.2.1 Policies and measures in local community building Five-Year Plan for

Embracing S4.2.2 Contribution and impact on local communities

Development

Corporate S4.3.1 Policies and measures to participate in social welfare activities ESG Social

Responsibility S4.3.2 Investment and performance in social welfare activities

Development

Plan

S4.4.4 Industry characteristics and performance of other

social responsibilities 2024 Energy

Conservation and

Emission

S1.1.1 Corporate recruitment policy and implementation Reduction Plan

S1.1.2 Employee structure

2-7 Employees S1.1.3 Avoidance of child or forced labor Appendix

201-3 Defined benefit plan obligations S1.2.1 Compensation philosophy and policy

and other retirement plans S1.2.2 Working hours and rest and vacation 404-1 Average hours of training per

Moving Forward 401-2 Benefits provided to full-time S1.2.3 Security of remuneration and benefits year per employee

Together with employees that are not provided to

temporary or part-time employees S1.2.4 Democratic management of employees 404-3 Percentage of employees Employees S1.3.4 Employee care and support receiving regular performance and 401-3 Parental leave career development reviews

405-1 Diversity of governance bodies S1.4.1 Employee incentive and promotion policy Annual ESG Performance Data 416-2 Incidents of non-compliance and employees S1.4.2 Employee education and training concerning the health and safety

S1.5.1 Employee satisfaction survey impacts of products and services

S1.5.3 Employee turnover 417-2 Incidents of non-compliance

concerning product and service

information and labeling

Reporting

04 Service Chapter Standards Index

Laws and 2-27 Compliance with laws and

Service Quality S2.1.2 Quality management Regulations regulations

Service Comments &

Efficiency FeedbackPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Laws and Regulations Level Comply with laws and regulations The Company's main internal system

Measures for the Administration of Information Compliance Effectiveness Assessment

Disclosure by Listed Companies Implementation Rules

Compliance Management Assessment

Level Comply with laws and regulations The Company's main internal system Guidelines for Self-discipline Regulation of Listed Companies Implementation Rules

Compliance Review Management

Company Law of the People's Republic of China Articles of Association Basic Norms for Enterprise Internal Control Implementation Rules

Securities Law of the People's Republic of China Rules of Procedure of the Shareholders’ Domestic Equity Investment Compliance General Meetings Enterprise Internal Control Application Guidelines Guidelines

Criminal Law of the People's Republic of China Rules of Procedure of the Board of Directors Administrative Measures for the Legal Disclosure of

Enterprise Environmental Information Business Partner Compliance Management

Anti-monopoly Law of the People's Republic of China Rules of Procedure of the Board of Supervisors Regulations

Anti-money Laundering Law of the People's Republic Affiliated Transactions Management System Safety Production Risk Classification and Control Supplier Management Measures

of China Regulations

Fundraising Management System External Contract Management Regulations

Anti-Unfair Competition Law of the People's Republic Guarantee Management System Contract Management Work Assessment

of China Investor Relations Management System Measures

Work Safety Law of the People's Republic of China Registration System for Insider Information Contract Text Quality Standards

Law of the People's Republic of China on Prevention Debt Financing Instrument Information Contract Text Management Measures

and Control of Occupational Diseases Disclosure System Internal Control Self Evaluation Measures

Law of the People's Republic of China on the Internal Management System for Information Internal Audit Work Regulations

Prevention and Treatment of Infectious Diseases Disclosure Suspension and Exemption

Business Safety Production Risk Classification and

Audit Law of the People's Republic of China Control Regulations

General Manager's Work Rules

Supervision Law of the People's Republic of China Dangerous Goods Operation Safety Control

Independent Director Work System System

Trademark Law of the People's Republic of China Rules of Procedure for the Board Secretary Labor Protective Equipment Issuance

Patent Law of the People's Republic of China Standards and Management RegulationsRules of Procedure for the Audit Committee of

Law of the People's Republic of China on Prevention the Board of Directors Occupational Health Management Regulations

and Control of Occupational Diseases Nomination Committee Work Rules Occupational Disease Hazard Prevention and

United Nations Convention against Corruption Control Responsibility SystemStrategic Committee Work Rules

Employee Health Examination Management

Foreign Corrupt Practices Act Compensation and Appraisal Committee Work Measures

Rules

Provisions on the Safety Management of Hazardous Informatization Management Measures

Goods at Ports Information Disclosure Management System

Information Security Management Measures

International Maritime Dangerous Goods Code Investment Management System Discipline Inspection and Supervision

Regulation on the Urgent Handling of Public Health Stock Trading Management System for by Information Reporting Work System

Emergencies Directors Supervisors and Senior Executives

Major Information Management System Environmental Protection Law of the People's Republic of Ecological Environment Protection

Provisions on the Supervision and Administration of China

Occupational Health at Work Sites Assessment Measures for Major Information

Management Regulations

Management of Branches and Subsidiaries Marine Environmental Protection Law of the People's Environmental Protection Management

National Occupational Disease Prevention and Control Republic of China

Plan (2021-2025) ESG Committee Work Rules

Regulations

Law of the People's Republic of China on the Prevention and Hazardous Waste Storage Management

Measures for the Investigation and Management of ESG Management System Control of Water Pollution Standards

Hidden Dangers in Safety Production Accidents ESG Information Disclosure Management Law of the People's Republic of China on the Prevention and

Control of Atmospheric Pollution General Solid Waste Management Measures

Code of Corporate Governance for Listed Companies System

Compliance Management Measures Law of the People's Republic of China on the Prevention and Environmental Incidents Investigation and

Regulations on Internal Audit Work Control of Solid Waste Pollution Handling Regulations

Rules of Procedure of the Compliance

Basic Rules for Internal Auditing Management Committee

Listing Rules of Shanghai Stock Exchange Compliance Risk Management Implementation

Rules

Compliance Inspection Implementation Rules

Governance Environmental

GovernancePreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Level Comply with laws and regulations The Company's main internal system Level Comply with laws and regulations The Company's main internal system

Law of the People's Republic of China on Noise Pollution Emergency Plan for Sudden Environmental Law of the People's Republic of China on Ports Ship Agency Enterprise Classification

Prevention and Control Pollution Incidents Management MeasuresLaw of the People's Republic of China on Product

Regulations of the People's Republic of China on the Safe Environmental Protection Target Quality

Operation and Pollution Prevention Management of Ships Container Vessel Company Operational Phase II (2025-2026): Responsibility System Assessment Measures Work Safety Law of the People's Republic of China Coordination KPI Evaluation SchemeThe Yangtze River Protection Law of the People's Republic

of China Environmental Protection Target

Management Responsibility Letter Law of the People's Republic of China on the

Port Operation Charging Management Measures

Energy Conservation Law of the People's Republic of China Protection of Consumer Rights and Interests

Metrology Law of the People's Republic of China Metrological Management Measures Port Operation Contract Management MeasuresPersonal Information Protection Law of the People's

Water Law of the People's Republic of China Sanitation and Environmental Protection Republic of China Production and Business Information Data

Electricity Law of the People's Republic of China Target Responsibility System Assessment Usage Management Measures

Law of the People's Republic of China on the Promotion of Measures Advertisement Law of the People's Republic of China

Clean Production Bulk Cargo Handover Management and Intellectual Property Law of the People's Republic of Operation Regulations

Emergency Response Law of the People's Republic of Typhoon Prevention Work System China

China Measures for the Management of Ship Shore Cargo Quality Management Measures

Law of the People's Republic of China on Appraising of Power Cybersecurity Law of the People's Republic of China

Environment Impacts Energy Conservation Management Measures Regulations of the People's Republic of China for

Monthly Service Quality Evaluation Measures

Measures for the Administration of Port and Ship Shore Safety Protection of Computer Information Systems Production Scheduling Operation Procedures

Electricity Measures for the Management of Electricity and Assessment Measures

Flood Control Regulations of the People's Republic of Supply and Consumption

China Basic Standards for Providing Shore-based Fuel

Implementation Scheme of the Domestic Emission Control Oil to Ships

Areas for Atmospheric Pollution from Vessels Sea-Rail Intermodal Container Cargo

Regulation on the Prevention and Control of Procurement Subsidy Fund Management

Vessel-induced Pollution to the Marine Environment Measures

Measures for Investigation and Handling of Sudden

Environmental Incidents Customer Credit Management Measures

Regulations of the People's Republic of China on Supply

and Use of Electric Power Vessel Schedule Fulfillment Rate Assessment and Management Measures

Rules of Power Supply Business

Container Service Quality Standards and

Assessment Measures

Labor Law of the People's Republic of China Total Wages Management Measures Bulk Cargo Service Quality Standards and

Labor Contract Law of the People's Republic of China Management (Technical) Personnel Assessment Measures Technology

Law of the People's Republic of China on the Protection of Management Measures

Disabled Persons Employee Reward and Punishment Measures Project Management Measures

Law of the People’s Republic of China on the Protection of Performance Appraisal and Remuneration

Rights and Interests of Women Management Measures for Managers

Trade Union Law of the People's Republic of China Employee Education and Training

Law of the People's Republic of China on the Promotion of Management Measures

Revitalization of Rural Areas Employee Supplementary Medical Assistance

Special Provisions on Labor Protection for Female Special Fund Implementation Measures

Employees

Law of the People's Republic of China on the Protection of

Minors

Special Protection Provisions for Juvenile Workers

Provisions on the Prohibition of Using Child Labor

Population and Family Planning Regulations

Service

Environmental SocialPreface to the Report Governance Chapter Environmental Chapter Social Chapter Service Chapter Future Chapter Appendix

Comments & Feedback

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