establishbackupsuppliers,andensuresecuresupplychain
Physical resilience.
risk DevelopandimplementanEmergencyPlanfor
Firefightingwithregulartrainingsessionsanddrillstoensure
Long-termclimateriskssuchasprolonged staffreadiness.
Long-term hightemperaturesandwatershortagescould Proactivelyintegratinghigh-fire-resistancestandardsintoPV
risk affectcompanyproductivityandincrease moduledesignspecificationstoenhancesafetyperformance.
costs. Investinenergy-efficienttechnologiesandequipmentwhile
optimizingwaterrecyclingsystemstoachievehigherwater
utilizationefficiency.
Increasedcompliancecoststomeet ZNSHINE'soperationalzonescontinuouslymonitorlocallaws
Policy and increasinglystringentregulatoryrequirements andregulationsandensuretimelyinternalcommunication
legal risks Increasedoperationalcostsduetostrategic Thecompanystrengthenscompliancetrainingandstays
adjustmentsinresponsetoemerging abreastofemergingregulatoryrequirements
regulations
Climaterisksmaypropagatethroughthe ZNSHINEwillconductregularsupplychainresource
supplychain,increasingthecompany'sraw inventoriestoenhanceresilience,buildingstrategicreserves
materialprocurementcosts whiledevelopingmitigationstrategiesforrawmaterialcost
Market risk TheEUexportmarkethasimplemented escalation
carbonpricingmechanismsandcarbon Thecompanyplanstoextendcarbonfootprintverification
Transition bordertaxes,coupledwithsubsidyreductions, toallbaseswithlocalizedcarbonmanagementframeworks,
risk drivingupoperationalexpensesanderoding whileexpandingthescopeofmoduleproductssubjectto GreenProductR&D
thecompany'scompetitiveposition. lifecyclecarbonfootprintassessments
Failuretoaccuratelyanticipatekey
Technical technologicaltrendsinthephotovoltaic ZNSHINEmustfortifytechnologicalinnovationcapabilities ZNSHINE attaches paramount attention to the development and innovation of green products, consistently integrat-
risk industryhasresultedinsuboptimal todrivecontinuousproductiterationthatmaintainsmarket
productionefficiency,erodingmarket responsiveness ing eco-conscious principles throughout the entire product life cycle. While delivering efficient and reliable products
competitiveness
to customers, we strive to minimize or eliminate environmental impacts across all stages, including R&D, storage,
Failuretomeetstakeholders'escalating ZNSHINEiscommittedtocontinuouslyenhancingthequality logistics, usage, and recycling. To institutionalize this commitment, the company has compiled the Design and De-
Reputational sustainabilityexpectationsiseroding ofnon-financialdisclosures,disseminatingsustainability
risk corporatereputationwhileundermining performancedatathroughofficialcorporateportalsand velopment Guidelines, directing R&D teams to holistically address environmental considerations during product de-
financingcapacityandmarketvaluation dedicatedESGreportstoensurereal-timeresponsivenessto
stakeholderinquiriesandexpectations velopment and design phases, thereby achieving environmentally friendly product engineering.
EnvironmentalImpactIntegrationintoReview