Shenzhen BIWIN Storage Technology Co., Ltd

Sustainability (ESG) management system

Chapter I: General Provisions

Article 1 In order to adapt to the "5+2+X" development strategy of Shenzhen BIWIN Storage Technology Co., Ltd. (hereinafter referred to as the "Company"), meet the needs of corporate strategy and sustainable development, build a scientific, systematic and standardized environmental, social and corporate governance (hereinafter referred to as "ESG") work system, and improve the Company's risk control ability and value creation ability in ESG. In accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Administrative Measures for Information Disclosure of Listed Companies, the Code of Governance for Listed Companies, the Rules for the Listing of Stocks on the Science and Technology Innovation Board of the Shanghai Stock Exchange, the Self-Regulatory Guidelines for Listed Companies on the Science and Technology Innovation Board of the Shanghai Stock Exchange No. 13 - Preparation of Sustainability Reports, the Self-Regulatory Guidelines for Listed Companies on the Shanghai Stock Exchange No. 14 - Sustainability Report (Trial) and other laws, regulations and normative documents, as well as the The provisions of the Articles of Association of Shenzhen BIWIN Storage Technology Co., Ltd. (hereinafter referred to as the "Articles of Association"), combined with the actual situation of the company, this system is formulated.

Article 2 This system applies to the company and its subsidiaries within the scope of the company's consolidated statements.

Article 3 The ESG responsibilities mentioned in this system refer to the responsibilities and obligations of the company in terms of environmental, social and corporate governance that the company should perform in the process of operation and development, mainly including the protection of the natural environment and resources, the assumption of social responsibility, and the soundness and transparency of corporate governance.

Article 4 The term "stakeholders" in this system refers to organizations or individuals whose interests may be affected by the company's decision-making or business activities, including shareholders (investors), creditors, employees, partners, customers, suppliers, community organizations and relevant government departments.

Chapter 2 ESG Responsibility Concept and Principles

Article 5 While pursuing economic benefits and protecting the interests of shareholders, the company actively protects the legitimate rights and interests of creditors and employees, treats suppliers, customers and consumers in good faith, and actively engages in public welfare undertakings such as environmental protection and community construction, so as to promote the coordinated and harmonious development of the company itself and the whole society.

Article 6 The company actively implements the new development concept of innovation, coordination, green, openness and sharing, integrates the new development concept into all fields and the whole process of business development, promotes the high-quality development of the enterprise through efforts and practices in safe operation, innovation and development, corporate governance, talent training, etc., and realizes environmentally friendly construction while contributing to the society.

Article 7 The Company respects the legitimate rights of stakeholders and promotes effective communication with stakeholders.

Provide necessary conditions and guarantees for safeguarding the legitimate rights and interests of stakeholders.

Article 8 The company actively practices the concept of green development, integrates the requirements of ecological and environmental protection into the development strategy and corporate governance process, and actively participates in the construction of ecological civilization and the related work of pollution prevention, resource conservation and ecological protection.

Article 9 While ensuring sustainable development, improving business performance and protecting the interests of shareholders, the Company shall actively participate in local development, community affairs, disaster relief and social welfare undertakings, and fulfill relevant social responsibilities.

Article 10 The company shall abide by laws, regulations, rules and normative documents, ensure the transparency and standardization of the company's governance structure, and improve the efficiency and quality of the company's management. The company shall establish and improve the corporate governance system, do a good job in the division of responsibilities and supervision of shareholders, directors and senior management, improve the quality and transparency of information disclosure, strengthen internal control and risk management, and prevent and resolve corporate governance risks.

Chapter III: Responsibilities and Work Measures of the Management Agency

Article 11 The Company shall establish an ESG management system with a complete structure, clear hierarchies, clear rights and responsibilities, and efficient operation, and clarify the job responsibilities of personnel at all levels, departments, and positions, so as to provide organizational guarantees for the Company's ESG work.

The company's ESG management system is:

(1) the board of directors is the leading and decision-making body for ESG work;

(2) The Strategy and Sustainability Committee of the Board of Directors is the research and guidance body for ESG work;

(3) The Strategy and Sustainability Committee of the Board of Directors has set up an ESG Working Group to contribute to various ESG tasks

the executive body of the work;

(4) All departments and subsidiaries of the Company (hereinafter referred to as the "Executive Units") are responsible for ESG work

Line units.

Article 12 The Board of Directors is responsible for deciding on the direction and goals of the Company's ESG development, reviewing and approving the Company's ESG-related management systems, and deliberating on the Company's ESG reports and major ESG issues.

Article 13 The Strategy and Sustainable Development Committee of the Board of Directors is responsible for the organization, implementation and promotion of the implementation of the Company's ESG work, and its main responsibilities include:

(1) The company's ESG vision, ESG development strategic planning, ESG governance structure, and ESG management system

degree, etc.;

(2) Track the ESG development situation, external policies, and stakeholder demands, combined with the actual situation of the company,

Research and make recommendations on material ESG issues that are in line with the company's development;

(3) Pay attention to the opinions of regulatory authorities and external institutions such as third-party ratings on the company's ESG management and practices

See, feedback, report, and respond in a timely manner;

(4) Review the company's annual ESG report and submit it to the board of directors for review and approval to ensure the benefits of each party

Stakeholders receive timely and transparent ESG-related information;

(5) Other matters authorized by the Board of Directors.

Article 14 The ESG Working Group is mainly responsible for:

(1) Formulate relevant systems for ESG management and improve the ESG work management system;

(2) Sort out the company's stakeholders, cooperate with the establishment of daily communication channels with stakeholders, improve the communication mechanism, and organize the determination of major ESG issues;

(3) Collect and summarize relevant information on the annual ESG report and organize the preparation of the report;

(4) Coordinate the company's ESG information disclosure;

(5) Coordinate the response to stakeholders' ESG needs;

(6) Track and grasp the latest external ESG policy requirements and trends, and study and judge those closely related to the company

ESG issues, and making recommendations;

(7) Organize the company's ESG publicity and training activities;

(8) Other ESG-related work assigned by the Strategy and Sustainability Committee of the Board of Directors.

Article 15 The Ministry of Securities and Legal Affairs is the lead department for ESG work, assisting the ESG Working Group in carrying out relevant work, and guiding the ESG Special Working Group to do a good job in implementation and implementation.

Article 16: Each enforcement unit is primarily responsible for carrying out the following work:

(1) Establish and improve ESG-related special management manuals;

(2) Carry out stakeholder communication and respond to their ESG needs in accordance with the responsibilities of the department;

(3) Cooperate with ESG information collection and submit relevant information;

(4) Cooperate with and participate in the company's ESG publicity, training and other activities

(5) Other ESG-related job responsibilities.

Article 17 According to the needs of the work, the Company may hire expert consultants or professional institutions in relevant fields to provide professional advice for the promotion of ESG work.

Article 18 The directors and senior management of the company have the right to put forward opinions and suggestions on the performance of ESG duties. The company's securities and legal department shall summarize relevant opinions and submit them to the strategy and sustainable development committee of the board of directors for study and discussion.

Article 19 The Company shall incorporate the performance of ESG responsibilities into the operation and management decision-making system, and if it involves the investment decision-making of major projects, the social benefit assessment shall be used as an important basis for the decision-making of the Board of Directors and the management of the Company. The company encourages investment personnel to integrate ESG factors with other important factors when making financial forecasts and valuations.

Comprehensively consider and adjust various variables to make investment decisions.

Article 20 The Company shall establish an ESG information reporting mechanism to standardize the collection, analysis, statistics, internal reporting and risk monitoring of ESG information, so as to ensure that the Company can comprehensively, accurately and timely grasp ESG-related information and provide support for the Company's decision-making.

Article 21 The Company shall establish a communication mechanism with stakeholders to ensure the smooth flow of information with stakeholders. When necessary, feedback and suggestions from stakeholders can be listened to through interviews, discussions, questionnaires, etc., so as to continuously improve the effectiveness of work.

Article 22 When evaluating the effectiveness of the Company's internal control, the board of directors shall, in accordance with the requirements of relevant norms and guidelines, include ESG-related responsibilities in the scope of evaluation, identify and assess the risks related to ESG responsibilities, and put forward suggestions for improvement on matters involving internal control deficiencies. Relevant departments and subsidiaries shall implement defect rectification work in accordance with the relevant systems of the company's internal control.

Chapter 4 ESG Information Disclosure

Article 23 The Company's ESG information includes the relevant ESG content in the Company's annual ESG report, the Company's annual report and semi-annual report, responses to relevant rating agencies, responses to investors' ESG questions, and ESG-related information on the Company's official website. Companies should disclose ESG information in a timely manner through appropriate channels according to the type of ESG information. Among them, ESG reports should be disclosed on an annual basis, and other ESG information, including ESG policies and ESG news, should be disclosed in a timely manner according to specific circumstances and requirements of laws and regulations.

Article 24 The Company shall adjust the specific content and scope of the ESG report in a timely manner according to the changes in the external environment and actual business.

Article 25 The Company shall actively accept the supervision of the government, regulatory agencies, the public, the news media and other third-party institutions, and pay attention to the comments of the public and media from all walks of life on the Company's ESG performance.

Chapter V: Supervise enforcement

Article 26 The Ministry of Securities and Legal Affairs shall strengthen the supervision and accountability of ESG management by coordinating relevant departments to adopt special inspections and key inspections.

Article 27 In any of the following circumstances, the company shall investigate the responsibility of the relevant person responsible:

(1) The occurrence of ESG controversy, resulting in the downgrade of the company's rating;

(2) Failure to provide ESG information or the disclosure of ESG information is untrue and inaccurate, resulting in a company evaluation

the level is downgraded;

(3) The company's rating is downgraded due to other personal reasons.

Chapter VI: Supplementary Provisions

Article 28 Matters not covered in this system shall be implemented in accordance with the provisions of relevant laws and regulations, normative documents and the Articles of Association; If this system conflicts with the relevant laws and regulations, normative documents and the Articles of Association in force at that time, it shall be implemented in accordance with the relevant laws, regulations, normative documents and the Articles of Association in force at that time.

Article 29 The board of directors of the company is responsible for revising and interpreting this system.

Article 30 This system shall be deliberated and approved by the board of directors of the company and shall come into force on the date of promulgation.

Shenzhen BIWIN Storage Technology Co., Ltd

March 2025