Yanfeng Releases 2024 ESG Report Highlighting Sustainable Development Progress

On July 25, 2025, Yanfeng released its 2024 Environmental, Social, and Governance (ESG) report, showcasing significant progress in sustainable development. The report highlights Yanfeng's commitment to responsible management through quantifiable achievements in renewable energy application, circular economy practices, and social responsibility projects. Yanfeng International CEO Zang Chunga stated, "I am honored to share the achievements Yanfeng has made in the ESG field for 2024, reflecting our steadfast pursuit of sustainability. From transitioning to renewable energy to developing sustainable materials, we are committed to integrating responsible practices throughout our operations to create long-term value for all stakeholders." Key achievements for 2024 include: 42% of the energy used in global operations coming from renewable sources, with solar energy accounting for 4.2% of total energy consumption; a 31% increase in the procurement of recycled resins compared to 2023, significantly advancing the company's circular economy goals; maintaining an A- rating in the CDP climate change disclosure and receiving EcoVadis silver medal certification, affirming the company's leading position in sustainability; and ongoing efforts towards achieving net-zero targets for scope 1 and scope 2 emissions by 2030. Yanfeng is integrating sustainability into product development through the use of circular materials, modular designs that facilitate disassembly, and natural materials. Additionally, the newly released Sustainable Procurement Policy strengthens responsible sourcing across the entire supply chain. In 2024, social welfare flourished, with employees contributing a record number of volunteer hours to community projects. Through compliant operations and governance practices, Yanfeng reaffirms its commitment to the principles of the United Nations Global Compact and the Sustainable Development Goals. The complete 2024 ESG report is available on Yanfeng's official website. Yanfeng will continue to advance sustainable mobility solutions through innovation and collaboration.