Goertek : Corporate Social Responsibility Report 2022

Goertek Inc.

2022 Corporate Social Responsibility Report

Stock Abbreviation: Goertek

Stock Code: 002241

April 2023

I

About This Report

This is the 13th Corporate Social Responsibility Report released by Goertek Inc. (hereinafter referred to as "Goertek", "the Company" or "we"), covering the period from January 1, 2022 to December 31, 2022. Data cited in this report came from Annual Report 2022, as well as official documents and statistical reports of Goertek.

This report has been prepared in accordance with the Guidelines for Social Responsibility of Listed Companies on the Shenzhen Stock Exchange, and the Self-regulatory Guidelines for Listed Companies on Shenzhen Stock Exchange No.1 - Standardized Operation of Companies Listed on the Main Board, with reference to the ISO 26000: Guidance on Social Responsibility, the Guidelines for Preparing Corporate Social Responsibility Reports for Chinese Enterprises from the Chinese Academy of Social Sciences, and the T/CESA 16003-2017 standard from the China Electronics Standardization Association, in combination with GRI Standards for Global Sustainability Reporting and UN SDGs, focusing on CSR strategy, corporate governance, and performance improvement.

This report has been released electronically. To view the report online or obtain an electronic version, please visit the website of Goertek Inc. at http://www.goertek.com, or search on the cninfo website at http://www.cninfo.com.cn for downloading.

Feedback

For any suggestions or doubts about this report, you can provide the feedback by contacting us, and we appreciate your valuable feedback.

Address: No.268 Dongfang Road, High-tech Industrial Development District, Weifang

Tel: [phone]

Email: [e-mail]

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Contents
1. Company Profile	1
1.1	Company Information	1
1.2	Main Products	2
1.3	Honors	3
1.4	Responses to the UN Sustainable Development Initiative	3

2. Corporate Governance	4
2.1	Board Governance	5
2.2	Shareholders' Rights and Responsibilities	5
2.3	CSR Management Committee	5
2.4	Integrity in Business	6
2.4.1	Fair Competition	7
2.4.2	Anti-Corruption	8
2.4.3	Information Disclosure	8
2.5	Internal Risk Management	8
2.6	Collaboration with Stakeholders	10
2.6.1	Stakeholder Communication Mechanism	10
2.6.2	Association Membership	11
2.7	Brand Building and Negative Impact Handling	11

3. Products and Services	12
3.1	Product Quality and Safety	12
3.2	Technological Innovation	13
3.2.1	R&D Investment	13
3.2.2	Intellectual Property Protection	15
3.3	Client Privacy Protection	16
3.4	Client Satisfaction	16

4 Value Chain	16
4.1 Supplier Selection and Evaluation	16
4.1.1	Supplier Code of Conduct	16
4.1.2	Supplier Selection	16
4.2 Supply Chain Cooperation Mechanism and Sustainable Development Management ...
	...............................................................................................................................	17
4.2.1	Daily Supplier Management	17
4.2.2	Conflict Minerals Management	17

5 Green Development	18
5.1 Environmental Protection	18
5.1.1	Environmental Management System	18
5.1.2	Pollution Prevention and Control and Circular Economy	19

III

	5.2	Resource Conservation	22
	5.2.1	Green Design	22
	5.2.2	Energy Conservation	23
	5.2.3	Water Resource Conservation	24
6.	Employee Care	25
	6.1	Protection of Employees' Rights and Interests	25
	6.1.1	Equal Employment	25
	6.1.2	Signing Rate of Labor Contracts	26
	6.1.3		Anti-Forced Labor, Harassment and Abuse	26
	6.1.4	Prohibition of Child Labor	26
	6.1.5	Employee Privacy Management	26
	6.1.6	Diversity and Equal Opportunity	26
	6.2	Remuneration, Benefits and Welfare Protection	27
	6.2.1	Salary Management	27
	6.2.2	Benefits Management	27
	6.3	Employee Development and Communication	29
	6.3.1	Employee Training System	29
	6.3.2	Annual Training Performance	32
	6.3.3	Pathway for Career Development	33
	6.3.4	Life-Work Balance	34
	6.3.5	Assistance to Employees in Need	35
	6.3.6	Employee Satisfaction	35
	6.3.7	Complaint Handling	36
	6.3.8	Employee Turnover Rate	36
	6.4	Occupational Health and Safety	36
	6.4.1	Occupational Health Management	36
	6.4.2	Working Environment and Condition Guarantee	37
	6.4.3	Assistance for Employees' Mental Health	38
	6.4.4	Occupational Safety Guarantee	38
	6.5	Hazard Source Management	40
7.	Public Service Activities	41
	7.1	Volunteer Activities	41
	7.2	Branded Public Service Projects	41
8.	Future Prospects	43
Appendix: GRI Sustainability Reporting Standards Index Table	44

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1. Company Profile

1.1 Company Information

Founded in 2001, Goertek Inc. was listed on the Shenzhen Stock Exchange in 2008 with the stock code SZ: 002241. Goertek Inc. engages in the manufacture of computer, communication and other electronic equipment, and its products include precision components, smart acoustic devices and smart hardware. The Company operates mainly in consumer electronics, automotive electronics and other industries, with the main products including acoustics, optics, microelectronics, structural components and other precision components, as well as smart hardware products such as virtual reality (VR)/augmented reality (AR) products, TWS smart earphones, smart wearable devices, gaming console and accessories, and smart home products. The Company serves the leading global customers in the technology and consumer electronics industry by providing them with vertically integrated product solutions of precision components and smart hardware, as well as the related design, R&D and manufacturing services.

Mission

A better life enriched by technology

Vision

To be a great company

Core values

Client-orientation, employee development, trustworthy and pragmatic, cooperation and mutual

benefits

Management philosophy

Cultivation and ingenuity, constant improvement, create core competence of leading reform.

Cultural slogan

We make, we share, we thrive.

Our mission is the overarching orientation of the Company's value of existence, ultimate goal and social responsibility. A better life that integrates health and beauty is the ultimate pursuit of mankind. It also serves as the ultimate goal of the Company that is committed to creating value for society with the application of technology. It has been our mission to develop cutting-edge modern technology, and to integrate humanistic spirit into product design, so as to create artistic products that lead future lifestyles, convey the concept of a better life, and satisfy people's pursuit of a better life.

Our vision is a general overview of the Company's prospect and development, as well as a long- term goal to be continuously pursued and a realm to be achieved in its future development. Our vision of "To be a great company" is not only an inheritance of the excellent cultural value of the past, but also an inherent demand and expectation for future development. With continuous endeavors in innovation, products, services and brand, the Company aims to become a world- class high-tech company, thus creating maximum value for clients, employees, partners and society, and earning their respect.

Our core values are the basic value orientation followed by the Company, and also the core principle and value judgment standard for guiding employees' behaviors. The consensus has been

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