Baoye Group disclosed its tenth Environmental, Social and Governance (ESG) Report for the year ended 31 December 2025.

Key financials • Consolidated revenue: RMB 19.95 billion, a year-on-year decrease of 10.7%. • Profit attributable to owners: RMB 289.64 million, down 29.3%. • Final dividend proposed: RMB 0.085 per share.

Governance highlights • The Board revised the ESG Committee’s terms of reference, adding climate oversight responsibilities and establishing an ESG Working Team to execute “decision-making, execution and supervision” in a closed loop. • No concluded corruption cases were reported during the year.

Environmental performance • Total GHG emissions (Scope 1 + Scope 2): 33,541 tCO₂e; intensity 0.02 tCO₂e per m² of operational area. • Total energy consumption: 65,158 MWh, mainly from purchased electricity (61,536 MWh). • Water consumption: 312,010 tonnes; intensity 0.14 tonnes per m². • Non-hazardous waste: 224,570 tonnes; hazardous waste: 37.57 tonnes. • China Building Energy Efficiency Technology Research Center achieved 53.9% operational energy reduction versus national standards and secured a Three-Star Green Building design certification. • The “Baoye Four Seasons Garden – Future Home” became China’s first residential project to obtain a national zero-carbon building design label.

Social metrics • Workforce: 5,823 full-time employees (69% male, 31% female). • Training: 3,326 employees trained; overall coverage 57.12%; senior-management coverage 92.49%. • Work safety: zero work-related fatalities; 362 lost workdays. • Community investment: RMB 1.07 million donated; employees contributed 2,862 volunteer hours.

Supply-chain management • 5,792 suppliers were engaged, all subject to environmental and social risk screening; 100% located in China and Botswana. • Green-procurement guidelines prioritise low-carbon materials and multi-source supplier selection.

Forward actions Baoye will keep tightening carbon-intensity targets, broaden Scope 3 inventory coverage and embed climate indicators into future remuneration frameworks while expanding green-building technologies and prefabricated construction to enhance its low-carbon competitiveness.