2018 Social Responsibility Report

Before the speech

1. Social responsibility refers to the responsibility an enterprise undertakes for its employees, customers, environment and society while creating profits, pursuing development and safeguarding shareholders' interests. Xing wei valve manufacturing co., LTD., for the valve manufacturing industry backbone enterprises, have the courage to bear the social responsibility, in the development of the company at the same time, improve the corporate governance structure, strengthen the construction of technical innovation and employee development, implement the lean production management, carry out energy conservation and emissions reduction work, actively participate in social public welfare undertakings, and promote comprehensive corporate and social, natural and coordinated development.

2. This report covers the company's social responsibility performance in 2018 as a whole. Based on the long-term nature and sustainability of social responsibility performance, the report covers but is not limited to 2018. It is hoped that this report can become a bridge for communication and circulation between the company and all sectors of society, and a window for investors, suppliers, customers and creditors to understand and understand the company. At the same time, we also welcome all sectors of society to supervise the company and provide more valuable for the sustainable development of the company

Opinions, promote the company can better progress and development, but also better return to society.

3. The report is prepared in accordance with the Company Law and other relevant laws, regulations and normative documents, as well as the actual situation of the company in fulfilling its social responsibility, and is a summary of the company's work in fulfilling its social responsibility in 2018.

Chapter I Company Overview

Xingwei valve Manufacturing Co., Ltd. is located in China valve city - Wenzhou binhai industrial zone, is a professional engaged in "Xingwei" brand stainless steel ball valve, carbon steel ball valve, wire button gate valve, globe valve, check valve, chip valve and flange valve series of products such as the design and manufacture, marketing services and trade as one of the valve enterprises. The company has passed the national special equipment manufacturing License (TS), THE European Union system CE certification. The company adopts advanced production management mode, products in strict accordance with ISO:9001-2008 quality standard production, established a perfect quality assurance system mechanism, the introduction of domestic and foreign advanced automatic valve testing equipment, It is capable of chemical composition analysis of materials, mechanical properties test, ultrasonic wave and Bramwell hardness test, ultrasonic thickness test, ultrasonic flaw detection, magnetic particle flaw detection, X-ray flaw detection, metal analysis, spectral analysis, valve life test and performance test of ultra-high pressure valve, etc. Provide a strong guarantee for product quality. The company's main products: one-piece, two-piece, three-piece, wide ball valve; Filter, check valve, globe valve, gate valve and other valve series; Products are GB, JB, API, ANSI, ISO, BS, DIN, JIS and other manufacturing standards and technology; The products are designed and manufactured under strict quality control, and the size of the structure is fully in line with the requirements of technology and drawing standards. The products can be exchanged according to specifications and models. Our products are widely used in petroleum, chemical industry, natural gas, light industry, electric power, pharmaceutical, dye, metallurgy, fiber, tanning, textile, food, military industry, construction engineering, refrigeration, water supply and other fields. And the majority of users have been recognized and praised. The company with its high quality products and good after-sales service, continuous innovation, efforts to forge ahead, advancing with The Times! We will adhere to the "internationalization, science and technology, industrialization, scale" development route, vigorously introduce advanced equipment, quality management and technical service personnel, to create a good valve brand.

Chapter II Protection of rights and interests of Shareholders and creditors

1. Shareholders are fundamental to the survival of an enterprise, and their recognition and support are the driving force to promote the sound development of the enterprise. As investors of the company, shareholders enjoy the rights of owners to share profits, make major decisions and select managers. As the prepayment of the company, the creditor has the right to recover the principal and interest of the loan when due. It is the obligation and duty of a company to protect the rights and interests of shareholders and creditors and to treat all shareholders fairly and openly.

During the reporting period, the company strictly complied with the Relevant provisions of the Company Law and other laws, regulations and systems, rectified the internal control problems of the company through corporate governance self-inspection and supervision activities, and amended and improved the Articles of Association. Constantly strengthen and improve the company's management, the integrity of the company's operation, the establishment of a sound internal management and control system, effectively improve the company's management level.

2. The company's honors in recent years

Chapter III Protection of rights and interests of employees of the Company

Employees are the most important resources and wealth of a company. The relationship between a company and its employees is not just about hiring and being hired, but a cooperative relationship of mutual dependence and harmonious development. The company has established and improved the trade union organization to promote the healthy and harmonious development of the company.

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

The company strictly abides by the Labor Law, Labor Contract Law, Labor Contract Law implementation Regulations and other laws and regulations. The company signs labor contracts with all employees in accordance with the principle of equality, volunariness and consensus through consultation to protect their legitimate rights and interests. The signing rate of labor contracts reaches 100%. There was no labor dispute caused by labor relation management in the whole year.

2. Compensation and benefits

For employees, the pay is the embodiment of the value and status in society, is a kind of conform to the social value orientation of the most effective incentives, the company for many years continuously improve the system of labor management, in order to strengthen the management of labor employment, set up perfect salary management system, company human resources department to establish the "system", based on the employee's ability to pay design, Salary will be determined according to the relevant length of service, education, work ability, etc. The company's remuneration and welfare policies comply with relevant national laws and regulations, and monthly wages are timely and fully paid. The reasonable range of employee compensation is determined by considering external competitiveness, internal corporate and incentive, the overall salary level of the company and corporate benefits. The company pays social insurance (endowment insurance, medical insurance, maternity insurance, industrial injury insurance, unemployment insurance) for the employees, and implements paid vacation, physical examination and other benefits.

3. Training and development

The company has established a complete training system. Based on the talent reserve requirements for the development of the company and the development of employees' personal career, the company has formulated the talent echelon development plan according to the principle of stratification and classification, and implemented the plan in the reporting period. At the same time, the company strives to develop internal high-tech personnel team, combines external resources, implements diversified training methods, systematic training courses, and focuses on the evaluation and promotion of training effects. Through systematic training, employees can improve their knowledge, skills, working methods and ideas, increase their sense of belonging and cohesion, and constantly improve and surpass their self-value.

4. Care for employees

The company invested in the construction of comfortable living area for employees, equipped with air conditioning, water heater, desk, wardrobe and bathroom for each employee dormitory, let the employees live in the staff collective dormitory with perfect facilities. In terms of cultural life, the company has organized cultural and sports activities to improve the leisure cultural life of the staff. The company has invested more than 200,000 yuan to open the staff reading room, equipped with nearly 10,000 books, and established a multi-functional staff entertainment center. The company in the Mid-Autumn Festival, the Spring Festival and other relevant benefits, the enterprise party often organize some cultural and sports activities and sports competition activities, every year to hold a New Year's party, by the staff self-written, self-created, self-performance programs; July 1 will also organize party members to go out activities.

The senior leaders of the company attach great importance to social responsibility, set an example, pay attention to the employees in need, carry out heart-warming projects, take the lead in donating money and materials, employees also actively participate in, and repay the country and society with practical actions. In order to carry forward the traditional virtues of poverty alleviation and charity, Xingwei actively participates in the construction activities of urban and rural areas, cares for left-behind children, and gives books and stationery. The company vigorously promotes the youth spirit of "dedication, friendship, mutual assistance and progress", and organizes visits to the elderly for many times. In addition, the company has repeatedly donated money to the disaster areas, love projects and so on

In recent years, xing wei to actively participate in social public welfare and charity, disaster relief assistance, education, urban and rural areas to build, or donated for local economic construction, provides the help for vulnerable groups, and even large charitable public welfare activity, xing wei have to action reflects the strong social sense of responsibility, has been fully affirmed the social from all walks of life, establish a good public image.

5. Implementation and improvement of safety and environment management

In order to ensure the safety of production, the company has signed responsibility details and responsibility certificates. All departments and workshops have systematically established and maintained the safety production management system from the aspects of improving safety awareness, strengthening the publicity of safety concept and implementing all kinds of rules and regulations. The president of the company and the person in charge of each department, workshop signed "Safety Production Responsibility", the safety target layer by layer refinement, quantification, implementation of each workshop, and then workshop implementation of each employee.

The company carries out safety publicity and education by inviting experts for training, watching safety education videos, and combining with the safety characteristics of posts for post training. Adhere to the three-level safety education for new employees, and carry out safety education for management personnel, team leaders and technical personnel. Make full use of the deployment, publicity and communication of safety work, such as the special meeting of safety, middle-level cadre meeting and all staff meeting, so that all staff realize the concept of "people-oriented, caring for life" and put forward the change of safety consciousness from "not victimized" to "protect others from harm".

The company provides safety education and training for all employees, regularly disseminates safety laws and regulations, and analyzes safety accidents. Workshop according to the production characteristics of education, the team targeted production safety issues for education. Analyze the cause of emergency accidents that have occurred, formulate preventive measures, carry out on-site inspection of safety risk points of the same type, and carry out safety education for all staff. At the same time, "safety month" activities with various themes are held every year to strengthen education and solidify management system for the main safety risks exposed in the production process.

Chapter IV Protection of rights and interests of Suppliers and Customers

The company adheres to the principle of integrity management, mutual benefit and common development, and pays attention to protecting the legitimate rights and interests of all parties concerned. We will focus on quality at the source and achieve sustainable development. Adhering to the concept of "win-win cooperation", the company carries out "bundling" operation for suppliers and partners, and also sends professional personnel to provide on-site guidance and improvement for suppliers and partners to achieve a win-win situation.

1. Establish strategic partnership with suppliers

① Supplier cooperation

The company manages suppliers by annual volume and materials reached by commercial, monthly mobile users up to 10 billion dollars, and strategic partners. The company relies on quality, cost, delivery and service.

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

② Supplier assessment

The company adjusts the list of qualified suppliers according to the comprehensive evaluation results of suppliers every year.

Additional technology agreements reach up to 10 billion monthly users and reach up to 10 billion monthly users. Additional agreements reach up to 10 billion monthly users and reach up to 10 billion monthly users. Additional agreements reach up to 10 billion monthly users and reach up to 10 billion monthly users.

2. Focus on customer needs

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

Establish product quality tracking system

Products produced by the company to implement strict inspection system, the next process of the last process to be inspected, quality inspectors to implement a strict comprehensive inspection system.

② Set up quality management team

The company organizes and establishes a quality management working group. When the market feedback quality problems or accidents, the quality group, together with the administration department, Commerce Department, R&D department and other departments, will solve the problems and implement the supervision of improvement measures.

3. After-sales service management

The company in the main areas of the country to establish after-sales maintenance services, responsible for the company's products supporting after-sales services. For the commonly used fragile and consumable products in valves, the company and maintenance service points around the establishment of supporting warehouses, in order to solve various problems in the normal operation of equipment, timely scheduling after receiving the feedback of the owners, to provide users with more convenient services, to remove the worries of users. After-sale service department monthly summary of information services, the quality complaints, to major or repeated quality problems timely feedback to quality department, the Ministry of Commerce, and the research and development department, the quarterly analysis summary form the quarterly report, technology, quality, research and development departments perform causal analysis, improvement measures are proposed, such as notified to file form convey to the various departments, by various departments to implement and improvement. The company also formulated after-sales Service Management System, Service Commitment and Service Plan and other service systems to clarify the responsibilities of the service department, after-sales service content, standards and service implementation process. At the same time, in order to quickly deal with customer complaints and maintain the company's reputation, the "Customer Complaints and Complaint Handling Procedure" was formulated to detail the responsibilities, principles and procedures of complaint handling. Strictly in accordance with ISO 9001 quality system standards and requirements of equipment procurement, acceptance, storage, storage, processing, production, assembly, debugging, acceptance, packaging, transportation, on-site installation, commissioning and after-sales service to control the whole process, to meet the needs of users and ensure the quality and progress of the project.

Chapter v Environmental protection and sustainable development

The company attaches importance to environmental protection and has obtained ISO 14001:2015 Environmental Management system certification and OHSAS 18001:2007 Occupational Health and Safety Management system certification. In recent years, it has been continuously improving the environmental management system. The company has formulated a series of environmental protection procedures, such as environmental factors identification, identification procedures, solid waste management procedures, waste gas, waste water, noise management procedures, energy resources management procedures, chemicals, oil management procedures, and strictly implement the relevant provisions of the management procedures. In addition, according to the requirements of environmental protection, the company's production facilities were transformed and improved. Such as waste gas, waste oil and waste metal collection and treatment devices. In addition, the company also strengthened the publicity and education training of environmental protection knowledge to employees, so that employees realize the importance of environmental protection, environmental protection starts from themselves, from the side. Through the active implementation of environmental protection measures, it is also conducive to the company's safe and energy-saving production and operation, and promote the healthy and sustainable development of the company.

Xingwei valve Manufacturing Co., LTD

April 20, 2019