Reflecting that human capital management has become a fundamental pillar of corporate sustainable development. This topic ranks high in all three categories – financial materiality, impact materiality, and overall materiality – demonstrating that employees’ career development pathways, health and safety protection, and equitable employment environments not only profoundly affect organisational stability and operational efficiency, but also play an irreplaceable role in attracting and retaining key talents and supporting long-term sustainable growth.

Under the guidance of the “Dual Carbon” strategy, energy efficiency has become a key measure of corporate operational resilience and cost competitiveness. Ranked first in financial materiality, this topic highlights the direct impact of energy management on operating costs, compliance risks, and capital market performance, driving the Company to continuously enhance the application of energy-saving and emission-reduction technologies, transforming green and low-carbon practices into tangible competitive advantages.

Against the backdrop of a business environment governed by the rule of law and stringent industry regulation, integrity, compliance, and business ethics have become the cornerstones for evaluating corporate governance capabilities and sustainable operations. This issue ranks at the forefront of importance, reflecting the central role that compliance standards and business ethics play in capital market assessments. It drives companies to continuously improve their internal control and oversight mechanisms, standardize business practices, and transform integrity and compliance into the bedrock of sound development.

Confirming that technology empowerment has evolved from an “optional strategy” to a necessity for enterprises to build long-term competitive advantages. This topic stands out in terms of financial materiality, indicating that innovative practices such as green construction, intelligent operations, and digital transformation are progressively translating into measurable cost advantages, product premiums, and financing capabilities, becoming a core driver of high-quality development.

In the digital age, customer data security has become a dual lifeline for corporate brand reputation and legal compliance. This issue ranks prominently in terms of importance, highlighting the critical impact of data governance on operational compliance, user retention, reputation, and sustainable market development. It drives companies to continuously upgrade their data protection systems and standardize end-to-end data management, thereby transforming security and compliance into a core competitive advantage for digital development.