浙江凯恩特种材料股份有限公司&浙江凯丰新材料有限公司2025年可持续发展报告

Zhejiang Kan Specialities Material Co., Ltd.Zhejiang Kaifeng New Material Co., Ltd. The names of the above personnel are listed from left to right as shown in the photo Sales Department IYan Zhanjun, Xu Zhifeng,Xie Jun, He Bin Sales Department IIChen Qunqin, Fang Weibiao, Sales Department IIIJi Cuiling, Wang Yan,Yu Ziwei Zhang Zhenbang R&D Center Quality Control DepartmentZhang Xinyuan, Zhong Huina, Overseas Trade DepartmentShu Wenjing, Weng Xianzhang,Xu Zhifeng, Weng Zehui Han Runrun, Cheng Jinhong, Xu Xiaoli, Zhou Yafen,Shen Guopin, Wang Weina, Jing Tian An Tiantian, Wu Meng, Jiang Hao Technology DepartmentXue Wenjuan, Jin Yiyun, General Manager’s OfficeZhou Xiaojie, Wu Hui, Equipment DepartmentYan Zhongyin, Lin Long, Tang Jian, Jin Zhifeng Yu Tingting, Huang Runwei Liu Jiawen, Lin Jian, Xu Hangjin Procurement DepartmentHong Lin, Ye Ruiwen,Yu Chen Information CenterChen Jiahui, He Junjie Finance Department He Lifen, Ye Peiling,Ni Tingting, Wu Xiangdong Each team is a“key player”of sustainable development About the Report Overview The report is the sixth sustainability report released by Zhejiang Kan Specialities Material Co., Ltd., and the second Englishversion is released simultaneously.Following the previous five reports on March 30, 2021, March 29, 2022, March 28, 2023,March 28, 2024 and March 25, 2025 respectively. The Report provides the detailed disclosure of our key environmental, socialand governance practices in 2024, following the principles of objectivity, standardization, transparency and comprehensive-ness. Time frame January 1, 2025 ~ December 31, 2025. For the purpose of better comparability and integrity, some content herein may betraced back to previous years. Coverage For the convenience of expression and reading, Zhejiang Kan Specialities Material Co., Ltd. is hereinafter referred to as “KAN”,“Company” or “we”. The Report covers KAN and its domestic subsidiary, Zhejiang Kaifeng New Material Co., Ltd. (“KaifengNew Material”). References Shenzhen Stock Exchange Guidelines for Self-discipline Regulation of Listed Companies No. 1 - Standardized Operation ofMain Board Listed Companies; Shenzhen Stock Exchange Guidelines for Self-discipline Regulation of Listed Companies No.17 - Sustainability Report (Trial); 2030 Sustainable Development Goals of UN (UN SDGs); GRI Standards; ISSB Standards. Data All data herein come from our statistical reports, official documents and public information, and are subject to the applicableprovisions of the national Accounting Standards for Business Enterprises, and the principles of materiality, quantization,balance and consistency.Due to different statistical methods, some data in the Report differ slightly from historical versions,annual reports, etc. Data in annual reports come from audited financial statements by accounting firms, while data in the Reportcome from verification reports issued by third-party agencies such as carbon emission reports. Quality assurance The Report is released upon the review by the Board of Directors. The Company guarantees that the Report is the objective,accurate and complete disclosure of its ESG practices, and remains free from any false records, misleading statements ormaterial omissions. The Report aims to strengthen communication with stakeholders, enhance the impact of our sustainabilitygovernance, and advance our high-quality and sustainable development. Access to the Report KAN has its social responsibility information disclosure system including both hardcopy and electronic reporting. The Report isavailableat www.szse.cn,www.cninfo.com.cn,http://www.kangufen.com/social.html,https://002012.ir-online.com.cn/,https://stockpage.10jqka.com.cn/002012/,http://quote.eastmoney.com/sz002012.html,andhttps://xueqiu.com/snow-man/S/SZ002012. Message from the Chairperson Fulfill Our Responsibility to Embrace the New Quality Era Base paper, our core product, is the fundamental material for specialty paper and packaging. Playing an underlying role inthe carbon chain of the paper products, our base paper significantly facilitates the carbon reduction of the industrial chainand the innovation-driven industry transformation. With increasing experience and continuous learning of sustainability, we have paid more attention to material topics thatare most important to our businesses and our stakeholders. As a response, the Board of Directors has assigned a profes-sional panel to undertake more extensive and in-depth due diligence, especially on finance and climate change, so as toactively identify risks and opportunities in sustainable development. Built on our environmental governance achievements and using digital twin and AI collaboration as key drivers, we fullycompleted the third phase of digital transformation, achieved “transparent” factory inspections and real-time AI terminalcontrol, and advanced from “digital workshops” to “end-to-end intelligent factories”, leading the specialty paper indu