FGI ESG leads the future, with five awards highlighting sustainability

With ESG as the wing, illuminate the road to sustainable development

In the Securities Market Week ESG Golden Dawn Awards, FGI won five awards for its excellence in environmental, social and corporate governance (ESG), the Golden Dawn Award, the Leadership Award, the Light of Best ESG Practice, the Best Employee Friendliness and the Best Ethical Business Compliance Award. This is not only an affirmation of FGI's long-term commitment to sustainable development strategy, but also a high degree of recognition of its efforts to promote the green transformation of the industry, build harmonious labor relations and strengthen compliance management.

Green innovation, Light up the "Best ESG practice"

As a leader in new energy and power electronics technology, FGI always adheres to high-power power electronic control technology as the core technology platform, focuses on the development and application of industrial energy saving and new energy grid technology and equipment, and strives to create an industrial chain of "less electricity - good use of electricity - renewable electricity - storage electricity - explosion-proof electricity". The core products developed by the company, such as reactive power compensation device, variable frequency speed regulation system and intelligent energy storage system, are widely used in wind power generation, photovoltaic power station, rail transit, petroleum, chemical industry, metallurgy and other fields, and have saved about 186 billion KWH of electric energy for the industry, which is equivalent to reducing the use of standard coal by 22.86 million tons and reducing carbon dioxide by 59.43 million tons. FGI has contributed to promoting green and low-carbon development. In addition, the company also actively promotes green supply chain management, and jointly implements energy saving and emission reduction measures with suppliers, forming a green management model of the whole life cycle from research and development to production to recycling, lighting the "light of best ESG practice".

People-oriented, blooming "Best care for employees pro-vitality"

FGI management understands that the long-term development of the company cannot be separated from the hard work and wisdom of every employee. The company always adheres to the employee-centered development concept, not only provides a competitive salary and welfare system, but also attaches more importance to the career development and mental health of employees. Through the establishment of employee training centers, diversified career development programs, and the establishment of employee care funds, FGI creates a positive and harmonious working atmosphere, so that every employee can feel the warmth and strength of home. The company insists on seeking the well-being of employees, and has formulated and implemented restricted stock incentive plans to fully mobilize the enthusiasm of the company's core employees, effectively combining the interests of shareholders, the company and employees, so that all parties can jointly contribute to the long-term and stable development of the company. This all-round care for employees, so that the company won the "best care for employees pro-vitality" award, become a model in the industry.

Integrity-based, cast the "best integrity management compliance"

In a complex and changing market environment, FGI always adheres to the integrity of management and regards compliance as the cornerstone of the sound development of enterprises. The company has established and improved the internal control system covering research and development, production, sales and other links to ensure that each business activity meets the requirements of laws and regulations. At the same time, FGI actively fulfills its social responsibilities, participates in public welfare undertakings, and gives back to the society through donations, volunteer services, etc., showing a good image of the company and a sense of social responsibility. It is this adherence to integrity and compliance that has won the "Best Integrity Management Compliance" award.

Work together to illuminate the future

Winning multiple awards in the ESG Golden Dawn selection event of Securities Market Weekly is a solid step taken by FGI on the path of sustainable development. Under the guidance of the national "double carbon" goal, FGI will continue to explore a new path of green and low-carbon development, interpret the corporate mission of "saving energy, serving society, achieving 100 years of FGI" with practical actions, and make greater contributions to the construction of a clean, low-carbon, safe and efficient energy system.