SDC

Mao Bao Inc. has approved the “Sustainable Development Best Practice Principles” through its Board of Directors and established the Sustainable Development Committee.
The General Manager is appointed as the Chairperson of the Committee, which is responsible for formulating sustainability policies, promoting their implementation internally, and gradually integrating the concept of sustainable operations into the company’s corporate culture.

The Sustainable Development Committee is composed of department heads convened by the General Manager. The General Manager oversees the strategic planning and performance review of the company’s economic, environmental, and social sustainability efforts. The Finance Department is responsible for driving sustainability initiatives, while each committee member is in charge of execution and reporting results. An annual performance report is submitted to the Board of Directors to ensure effective supervision and implementation.

To address the broad scope of ESG (Environmental, Social, and Governance), the Sustainable Development Committee has established specialized task groups. These groups, led by responsible departments, collect stakeholder concerns on issues such as environmental protection, occupational safety, supply chain management, labor rights, business performance, and corporate governance. In response to these concerns and in respect of stakeholder interests, a dedicated "Stakeholder Section" has been created on the company's website to provide timely and appropriate feedback on key sustainability topics.

Under the Sustainable Development Committee, a Corporate Governance Task Group has been established. This group is responsible for promoting corporate integrity, anti-corruption, anti-bribery, legal compliance, information security, and corporate governance practices. It reports its implementation status to the Board of Directors annually.

The company has formulated the “Ethical Corporate Management Best Practice Procedures and Guidelines”, which were approved by the Board of Directors, reported to the Shareholders’ Meeting, and publicly disclosed via the Market Observation Post System (MOPS). The Board and management fulfill their fiduciary duties to oversee the prevention of unethical conduct and ensure the effective implementation of ethical corporate management. The implementation status is reported annually to the Board of Directors in the first quarter.