Management Structure

Sino-Ocean's sustainability management has gradually evolved into a multi-dimensional, systematic and professional management embedded in business and operations. We have established a comprehensive sustainable development management structure, forming a three-tier working mechanism of "decision-making level - management level - execution level". To ensure the smooth implementation of sustainable development, the Board of Directors is the highest level of decision-making organs on sustainable development management and oversees all aspects of sustainable development. We have established a Sustainable Development Management Committee and a Sustainable Development Task Force, which report regularly to the Board of Directors. We have built on our existing Sustainable Development Task Force to clarify the responsibilities of each line of operation in our strategy and set up mechanisms to ensure its smooth operation.

Decision-Making Level
Board of Directors
Management Level
Sustainable Development Management Committee
Execution Level
Sustainable Development Management Task Force

The Group's functional centers and the relevant departments of each division are involved in the working mechanisms of each working group

Daily management meeting mechanism
Work planning mechanism
Information exchange mechanism
Monitoring and evaluation mechanism
Financial guarantee mechanism
ESG STATEMENT OF THE BOARD OF DIRECTORS

ESG STATEMENT OF THE BOARD OF DIRECTORS

The Board of Directors of Sino-Ocean Group authorizes the Sustainable Development Management Committee to be responsible for overall supervision of ESG management and to hold ESG communication meetings not less than twice a year. We are responsible for developing the Company's ESG strategy and regularly reviewing its implementation; identifying and evaluating ESG risks and develop response plans; reviewing ESG management policies to ensure that they are consistently implemented and put into practice; reviewing ESG plans and objectives, periodically reviewing the achievement of ESG objectives; examining the performance of ESG, and finally coordinating, implementing and fulfilling them through the Sustainable Development Management Office of the Group.

In consideration of the external social and economic environment and the internal development strategy of the Group, the Board will continue to pay attention to the domestic and international sustainable development trend, strengthen the assessment of ESG material issues, discuss and determine the risks and opportunities of the Company in the aspects of environment, society and governance, and take the management and improvement of material issues as the key work of sustainable development.