2019 Sustainability Report

Innovating for a Brighter Tomorrow About the Report

Scope This report discloses the work of social responsibility carried out by Goldwind Science & Technology Co., Ltd. (hereafer referred to as “Goldwind” or “the Company”) from January 1, 2019 to Decem- ber 31, 2019, as well as its commitment to sustainable development. Some contents where appropriate are traced back to previous years. The report covers Goldwind and its subsidiaries.

Reportng Frequency This is an annual report. The report of the previous year was issued on March 29, 2019.

Reportng Reference The report was compiled basing on ’s Envi- ronmental, Social and Governance Reportng Guide, ’s Social Responsibility Guidelines for Listed Companies. It also draws extensive reference from the Global Reportng Initatve’s (GRI) Sustainability Reportng Guidelines, Internatonal Organizaton for Standardizaton (ISO) 26000: Guidelines for Social Responsibilites (2010) and other related documents.

Data Specifcaton All fnancial data disclosed in the report is obtained from the Compa- ny’s Annual Report, while other data is obtained from the Company’s ofcial documents and related statstcs. Unless indicated otherwise, any fnancial data in the report is expressed in RMB.

Reportng Commitment This Report was examined and approved by Goldwind’s Board of Directors. It has been guaranteed that the reported contents do not contain any false informaton or misleading statement.

Report Availability This Report is available in both Chinese and English. Should there be any inconsistency between the two versions, the Chinese version shall prevail. The report is published in both printed and electronic formats. To view this report, please visit Goldwind’s website at HY- PERLINK “htp://www.goldwind.com.cn” www.goldwind.com.cn, or visit HYPERLINK “http://www.cninfo.com.cn” www.cninfo.com.cn and Hong Kong Stock Exchange’s website at HYPERLINK “htp://www. hkexnews.hk” www.hkexnews.hk. 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd.

CONTENTS

About the report 01

Leter from the Chairman 04

About Us 07

Sustainable Development 13 Management

Corporate Governance Products and Services Employees Community and Charity

Compliance Management 21 Quality and safety of WTGs 34 Fair and Standard Employment 50 Community Relatons 66

Risk Management 21 Provide Reliable Green Power Energy 35 Training and Development 51 Poverty Relief 67

Ant-Corrupton 22 Operaton and Maintenance 36 Health and Safety 53 Educaton 69 Service Rights and Interests of Investors 22 Employee Care 55 Public Health 71 Water Treatment 37 Overseas Communites 72

Research & Development Environment Supply Chain Prospect 74

Management Based on Science and 26 Coping with Climate Change 40 Procurement 60 Performance Indicators 76 Technology Innovaton Utlizaton of Energy and Resources 42 Green Supply Chain 62 Index 80 Product and Technological Innovaton 27 Emissions and Waste Management 44 Win-win Cooperaton 63 Feedback Form 82 Drive the Development of the Industry 30 Ecological Environmental Protecton 47

02 03 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd.

Since the beginning of the 21st century, a series of environmental turbine status warning, fault diagnosis, and operaton and social issues such as environmental polluton, shortage of re- optimization. Consequently, on-site work hours for maintenance sources, and widened wealth gap, have severely interrupted peo- personnel are substantially shortened, yet operation and mainte- ple’s normal producton actvites and lives. What’s worse, natural nance efciency is signifcantly improved. disasters caused by environmental changes have already resulted in Letter from the Chairman more casualtes than regional conficts and wars around the globe. Goldwind is commited to enhancing the environmental friendliness To address these issues, governments across the world have issued of wind turbines, optmizing control strategies, and minimizing nois- policies or proposed solutons; companies in various countries have es, light-shadow fickering, and impacts on birds when wind turbines gradually realized their responsibilites, and began to integrate the operate. The tailored wind turbine coating process is designed to handling of environmental and social issues into their business properly blend the coatng of wind turbine surfaces into the natural activities. Corporates are making the most of their creativity and environment and local culture. On top of it, we have also applied innovaton capabilites to jointly address the challenge of global sus- green energy management techniques to our own ofce areas and tainable development. operaton sites, in the form of energy efciency improvement, re- source conservaton, and use projects. Our smart As a world-leading wind turbine R&D and manufacture enterprise park located in Yizhuang, Beijing makes full use of clean energy by and a comprehensive solution provider in wind power, Goldwind utlizing wind power, photovoltaic power, and natural gas. Goldwind plays an active role in tackling climate change, and continuously has achieved 65% of clean energy totally in 2019. develops and promotes wind power technologies and products. Currently, we provide wind turbines to more than 20 countries, and We combine sustainable operation with global sustainable devel- have built wind farms in multiple countries and regions, securing opment. In additon to developing and expanding our wind power steady supplies of green power. As of the end of 2019, our accumu- business, providing reliable green power, and reducing carbon emis- latve global installed capacity of wind power has exceeded 60GW, sions, we also focus on adaptng to the development of the industry with an annual power generaton of about 120 billion kilowat-hour and promotng the integraton and transformaton from old growth (kWh), an equivalent of carbon dioxide emission reducton of 122.82 drivers to new ones for the implementaton of our strategies. The million tons per year when compared with thermal power. expectatons of shareholders, employees, suppliers, communites, and other stakeholders are well integrated into corporate business In 2019, we were granted ’s supreme honor in quality man- development, so as to generate mutual support, and boost and agement, the China Quality Award, becoming the first winner in achieve common development. In 2019, with the joint efforts of . We introduce the Performance Excellence all employees and the support of stakeholders,the total assets of Model and establishes a layered management standard to guide the Goldwind exceeds RMB 100 billion for the frst tme, rising to a new contnuous improvement and innovaton of WTGs and services so level. as to deliver excellent business performance. We always adhere to the idea of long-term quality management of wind power, and work Wind power is an enduring and promising cause. With our founding to build a fully optmized industrial chain so as to ensure the quality missions firmly in mind, clean water and clear sky will persist. In and stability of wind turbines over the entre life cycle, and thereby 2020, the wind power industry will usher in a new era of grid parity, reduce the levelized cost of energy. which is both challenging and with a lot of opportunites. Driven by the core value of “creatng values for life achievements”, Goldwind In 2019, we continue to advance wind power technologies and will contnue to create an ecosystem conducive to its development product innovation, and enhance power generation efficiency of through professionalism, intelligence, and technological innovaton. wind turbines, as well as their performance, so as to boost the We will make full use of various challenges to consolidate our basic advantage of wind power over various other power sources. By management, and promote the business philosophy of working ef- integratng cutng-edge technologies, we have launched two smart ciently and living happily, so as to create new growth opportunites wind turbines, namely, GW155-4.5 MW and GW136-4.8 MW, which and realize leapfrog development. can beter adapt to the wind conditons and environment with me- dium and high wind speed. With the mission “innovating for a brighter tomorrow” in mind, Goldwind moves ahead based on its expertise and experience, Goldwind has been promotng technological innovaton and optmiz- and gives full play to the role of wind power in addressing climate ing the industrial ecology simultaneously, aiming to build a business change and alleviatng global energy tensions so as to beneft the ecosystem for upstream, midstream, and downstream enterprises human society. Together with stakeholders, we grow and progress, along a fully optmized industrial chain. We strive to surpass tradi- and we jointly promote the sustainable development of the econo- tional technologies, and integrate advanced technologies such as my, society, and environment for a brighter future. artfcial intelligence, Internet of Things (IoT) and big data with the technological development of wind power industry, so as to build a We combine sustainable operaton with global sustainable development. In additon to developing and expanding our green and smart wind power industrial chain. For the Green Supply “ wind power business, providing reliable green power, and reducing carbon emissions, we also focus on adaptng to the Chain Project, we have established environmental informaton man- Wu Gang development of the industry and promotng the integraton and transformaton from old growth drivers to new ones agement platorm for suppliers, and remote analysis and diagnosis for the implementaton of our strategies. The expectatons of shareholders, employees, suppliers, communites, and of energy consumpton and emissions. We also provide energy-sav- Chairman of Goldwind other stakeholders are well integrated into corporate business development, so as to generate mutual support, and ing and environmental protecton solutons, and strengthen green boost and achieve common development. manufacturing capabilites of the supply chain. We have developed and applied technological products such as distributed energy resources, technologies, and smart micro-grid, to create more scenarios for the application of wind power. What’s ” more, we have innovated an intelligent operaton and maintenance service platorm that integrates a variety of informaton systems and intelligent control sofware and enables multple functons including

04 05 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd.

About Us

RMB billion RMB billion RMB billion 103.1 38.2 2.2 Company Profile Total asset Revenue Net profts atributable to shareholders of the Company

Xinjiang Goldwind Science & Technology Co., Ltd. was founded in Urumqi, Xinjiang, China in 1998, and was restructured into a limited company in 2001. The Company was listed in Shenzhen Stock Exchange (SZSE: 002202) in December 2007, and was listed in Hong Kong Stock Exchange (HKEx: 02208) in October 2010.

We are mainly engaged in the development and manufacture of wind GW units % power equipment, wind power related services, investment >60 >35,000 65 and development, water services, and other businesses. In addition to high-quality wind turbines, we also provide wind power related services Global installed capacity WTG operatng worldwide Rato of renewable energy use and wind farm development solutons. With our extensive experience in manufacturing wind turbines and building wind farms, we can meet the needs of all customers well throughout the whole wind power value chain. While beter serving our clients in wind power feld, we are now expanding our businesses to other renewable energy and environmental protecton businesses. We are committed to becoming a global leader to provide clean energy, energy conservaton, and environmental protecton solutons.

Our wind turbine products are equipped with the Permanent Magnet Di- rect Drive (“PMDD”) technology. And in order to adapt to the rapid market growth and meet a wide range of client needs, we have been improving and refning our product portolio. Now we have 1.5 MW, 2.X MW, 2.5 MW, 3.0 MW(S), and 6.X MW PMDD WTGs that are adaptable to various oper- atng environments, such as high and low temperature, high alttude, low wind speed, and coastal area. According to statstcs released by Bloomberg New Energy Finance (BNEF), with domestc newly installed capacity of 8.01 GW in 2019, the Company achieved a domestc market share of 28% and was ranked No.1 in Chinese market for 9 consecutve years; with the global % newly installed capacity of 8.25 GW, the Company achieved a global market No. 3 No. 1 28 2,752 share of 14%, ranking among the top three global wind power generator manufacturers for many consecutve years. Global ranking of WTG manufacturers Domestc ranking of WTG manufacturers Domestc market share of wind power Patent licenses

8,961 2,826 20 % 106 days Total number of employees R&D engineers Rato of female managers Working day loss due to occupatonal injuries

06 07 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd.

Our Businesses

Goldwind is commited to making economical, reliable and sustainable green power available to every household. Relying on its advanced wind power technology and products, as well as rich experience in the development, constructon, operaton and maintenance of wind farms, the Company has installed WTGs in more than 20 countries covering 6 contnents, providing contnuous green power for local regions. Based on its original aspiraton of contributng to the human society, the Company HEILONGJIANG also engages in the water treatment business; with its stable and reliable operatons, and the spirit of innovaton-driven devel- opment, the company wins recogniton from the market on its water treatment technology and series of solutons.

6 continents More than 20countries LIAONING Contnents where projects are located Countries where projects are located INNER MONGOLIA XINJIANG BEIJING

HEBEI

NINGXIA SHANXI SHANDONG QINGHAI

GANSU HENAN Canada SHAANXI JIANGSU Kazakhstan ANHUI Uzbekistan HUBEI SICHUAN ZHEJIANG Copenhagen，Denmark Germany Italy JIANGXI France Romania HUNAN Chicago,U.S. United States Spain Turkey FUJIAN GUIZHOU

Egypt Cuba Vietnam GUANGDONG Thailand Philippines YUNNAN GUANGXI Panama Ethiopia Pakistan Ecuador Kenya

Brazil Bolivia

Australia South Africa

Chile Argentna Self-developed R&D center Wind farm Water plant manufacturing base

08 09 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd.

Our Strategy Corporate Culture

With “innovatng for a brighter tomorrow” as our mission, Goldwind is commited to becoming a global leader to provide clean energy, energy The value shared by all Goldwind staf is to “create values for life achievements”. Creatng values is our unswerving pursuit, and is also the conservaton, and environmental protecton solutons, and is fully focused on the noble undertaking of utlizing technological power to make a motve power behind our healthy development. And life achievements are the embodiment of both our business development and personal signifcant contributon to the sustainable development of society. In this critcal tming of energy transformaton, we see both opportunites and achievements, and are the driving force for sustained and remarkable development. challenges. In additon to enhancing strategic core businesses, Goldwind will contnue to explore and develop innovatve “seed” businesses, and to gain deeper access to the entre industrial chain of wind power. Guided by the “Ofshore & Overseas Strategy”, we will build up fve business sectors, including onshore wind power, ofshore wind power, overseas wind power, wind power related services, and wind power engineering, to provide full-life-cycle solutons to wind farms. We will keep on building up the network of “source-grid-load” along the industrial chain to pro- vide clients with comprehensive energy related services, such as renewable energy resources and related services, distributed energy resources and related services, and energy conservaton and storage solutons. With our development in water treatment technology, water treatment en- gineering capabilites, and our technological exploraton in the Internet of Things, we can develop integrated and intelligent water solutons for efcient water asset management. In additon, we shall adhere to providing fnancial services to support the development of other businesses and develop the fnancial equity investment business in a steady manner. Being customer-oriented is the cornerstone of Goldwind. To serve the customers and employees well is our fundamental philosophy. All Goldwind staf will focus on the market needs and customer con- Customer- cerns, work together with customers, and help customers succeed to realize our own development. Oriented

We keep drawing lessons from changes and applying new ideas to practce. We have the Pioneering courage to think outside the box, to explore and innovate, and to win victories one afer Mindset another. Finding values and creatng values have always been the aspiratons of Goldwind. Mission Vision Innovatng for a brighter tomorrow To be a global leader of clean energy, energy conservaton and environmental protecton solutons

Actons start with knowledge, and actons also produce real knowledge. We are Unity of against the practice of too much talking but little doing. Knowledge needs to Knowledge be verifed and improved through actons. We encourage our staf to promptly Strategic Actions transform their creatve ideas into actons to produce results, and then verify and Action and improve them through more practces and actons, thus to create values.

We should be modest, kindhearted, energetc, and open-minded to draw on the advantag- es from those surrounding us. We urge our employees to keep up with the tmes and learn from the customers, compettors, and leading enterprises. Digitalization Internationalization Diversification Openness & Only when we put aside the past glory, can we embrace the future. Being open and aspi- Collaboration ratonal is the only way to break limits. We should be aware of the restrictons of our own Leverage our digitalization peed up the internatonaliza- Enhance the clean energy in- percepton and constantly explore new possibilites for contnuous growth. The foundaton nature to build up three dig- ton of our strategic business- dustrial chain, strengthen our on which to boost our knowledge is to be modest, be curious, and be kind from the bot- ital ecosystems, namely, dig- es, and focus on three inter- leading position in the wind tom of our heart. italized wind farms, energy national business models of turbine industry, explore com- We adhere to the principle of satsfying customers and helping them succeed, and we be- network, and fully optmized “sales, invest-build-transfer, plementary businesses such lieve that to help others is to help ourselves. industrial chain, and to make and services” with a steady as photovoltaics and energy our products, businesses, and scale of investment to drive storage, promote full-life-cycle Respect management digitalized and the development of wind operations from project devel- and Trust intelligent. turbine sales and related ser- opment, investment, to trad- Respect, frst and foremost, is about people. It is our pursuit to make Goldwind people work and live vices and strengthen our core ing in the energy network of with dignity. We also respect justce and rules. Goldwind opposes absolute obedience to the man- competitiveness in global “source-grid-load”, and contnu- agement or authority, and upholds principles and disciplines. market. ously expand our environmental As an old Chinese saying goes, “Trust is vital to business.” Goldwind has made concrete eforts to protection solution business to build a trustworthy working environment where our employees, suppliers, and customers cooperate promote diversified business with integrity. development.

10 11 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd.

Awards and Honors Sustainable Development Management

Goldwind adheres to the culture-based manager-leading sustainable development management policy that covers all employees, and applies to industry, households, and society. In Goldwind, sustainable development concepts are well integrated with corporate governance and busi- Goldwind has partcipated in the project “Key Technologies ness operatons, in order to set up a unique sustainable development management system that enhances systematzaton, standardizaton and and Applicatons of Large Low-Speed High-Efcient Perma- Named as a Fortune China 500 company by fortunechina. internatonalizaton year by year, and maximizes contributons to the economy, society and environment. Meanwhile, the company keeps in nent Magnet Direct-Drive Wind Turbine Generator”, which com and CICC Wealth Management alignment with internatonal initatves and standards such as the 2030 Agenda for Sustainable Development, and organically connects the oper- has been granted the second prize of the State Technologi- aton with the eforts in promotng the sustainable development of society and the environment, so as to identfy risks in its business actvites, cal Innovaton Award 2019 discover business opportunites to boost social development based on its advantages, and achieve the sustainable development of both the Company and society.

Named as a New Fortune Best Listed Company by New Ranked 17th among Top 100 Enterprises in China Machin- Fortune and Guanghua-Rotman Center for Informaton and ery Industry by China Machinery Industry Federaton (CMIF) Capital Market Research Sustainable Development Concepts

Granted Outstanding Contributor during the 30 Years of Granted 18th China Quality Award by the China Associaton Wind Power Industry Development in the annual confer- The Company is commited to making economical, reliable and sustainable green power available to innumerable households, and protectng for Quality ence and the 30th anniversary celebraton of the Natonal our beautful homeland together with the general public while boostng the economic and social prosperity and development. All the business- Wind Energy Equipment Industry Associaton es that the Company is engaged in should beneft the environment and society. Through transparent and regulated operatons, the Company efectvely manages the impacts of business decisions and operatons on society and the environment, and strives to achieve sustainable devel- opment with its stakeholders. In additon, it positons its own development in the general framework of global sustainable development, and exploits its unique business advantages to promote the soluton of global issues such as resource constraints, poverty, and environmental degra- Ranked 54th in Carbon Clean 200 by As You Sow, a Listed on National Top 100 Quality and Integrity Bench- daton, creatng both business value and social value. non-proft organizaton in the US, and Corporate Knights, a marking Enterprises released by China Association for market research company in Canada Quality Inspecton

Be it wind power or water The Company focuses on the treatment, all the business- environmental and social im- Granted the Climate Leadership Awards at the annual Cli- Awarded Green Development Contributons in the CSR pro- es the Company engages in pacts of its business operatons vironmental p mate Leadership Awards ceremony sponsored by the Ener- moton program, China Beneft Corporaton, organized by should benefit the environ- En rot such as the R&D and manufac- ec ment and society at first. This to turing of wind turbines, wind gy Foundaton Tencent News s environmental and social nimpacts r is an important criterion for e Efectve management of power services, and wind farm m o Goldwind’s current and future t development and constructon, s u W business development, and c and tries to maximize the posi- r in o - f Awarded Top 10 Listed Energy Companies with Green De- also the basis for furthering its w tve efects by actvely promot- Granted China ESG Golden Awards 2019 for Sustainable g i n velopment Contributons at the 2019 Energy Annual Con- eforts in sustainable develop- n ing technological innovation, i Development and Environmental Responsibility at Sina r c o ference and the 11th China’s Energy Enterprises Summit ment. a Driving global management process improve- o Gold Kirin Forum organized by Sina Finance C

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and exert positive effects and Granted the Standardization Innovation Award and Standardiza- influence based on its busi- ton Organizaton Award at the Annual Conference and Standards Listed on 2019 China Best Employers by zhaopin.com and ness advantages and resource Review Meetng of Natonal Mechanical Commitee for Standard- Peking University Insttute of Social Science Survey accumulation in clean energy izaton of Wind Machinery equipment manufacturing and energy management, so as to contribute to the solutions of problems concerning global Named as Top 100 Green Development Pioneers at the ESG Awarded the Excellent Corporate Culture Practices in the sustainable development. Goldwind Sustainable Development Model Information Disclosure Evaluation Conference of Chinese 2019 Happy Enterprise Forum hosted by People’s Daily Listed Companies

12 13 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd.

Sustainable Development Organization System Stakeholder Engagement

The Sustainable Development Management Commitee has been established to systematcally manage eforts in promotng sustainable devel- Communicaton with stakeholders is an important part of Goldwind’s sustainable development management. The Company accurately identfes opment under the supervision of the Board of Directors, promote the establishment of an appropriate sustainable development management its stakeholders and communicates with them by organizing meetngs, visitng them at regular intervals and conductng satsfacton surveys to structure, insttutonal system and cultural environment, and lay a solid foundaton for fulflling CSR and achieving sustainable development. The understand their expectatons and interests for the Company, and taking measures based on the producton and operatonal situaton of the Commitee comprises senior corporate managers and is responsible for defning the strategic directon for CSR and sustainable development, Company to make eforts to respond to stakeholders and reasonably satsfy their demands. addressing critcal problems of implementaton, and ensuring that such strategies and other social or environmental appeals are included into its decision-making process. Stakeholders Major Concerns or Responses Expectations

Sustainable Development Communication Sustainable profitability Enhance business management capacity Regulation of corporate Strengthen management of debt risk governance Optimize internal compliance Shareholders Disclosure of business management system information The company actively adopts multiple means of communication to maintain and creditors Timely disclosure of information Enhance the profitability Organize shareholders' meeting smooth communicaton with various stakeholders. While promotng sustainable to reward shareholders development concepts and actons, the Company also listens to advices and sug- Reasonable profit return gestons from its stakeholders, in order to improve its performance in sustainable development. Strictly implement requirements set forth in Honest contract performance contracts Sustainability Report is the main media for the Company to communicate sus- and integrity Strengthen product quality management Offer differentiated, high-quality products tainability-based informaton with its stakeholders. The Company has issued Clients High-quality products the Report for many consecutive years, demonstrating its progress in the Excellent services Offer excellent services management and practce of sustainable development; Responses to client requests Improve the procedure to handle client complaints Protect customer privacy The Collecton of Goldwind Excellent Cases in Sustainable Development 2019 was compiled to summarize Goldwind’s best practices in fulfilling CSR and boostng sustainable development, providing reference for improving the sus- Equal and standard employment tainable development practces within the Company; Protection of legal rights and Appropriate salary and social insurance interests payments in a timely manner Employees Salary and welfare guarantee Improve talent development channels The Company joined China’s professional platorms for sustainable develop- Health and safety protection Offer competitive salaries ment such as China ESG Leaders Associaton to share the latest progress and Development platform Offer diversified welfare best practces in the feld of sustainable development with counterparts. building Offer healthy and safe work environment

Transparent procurement Open and fair procurement Suppliers and Honest contract performance Timely payment for goods other partners and integrity Support the healthy development of suppliers The Company was a consttuent of the MSCI ESG Leader Index for two consecutve years. Created by the U.S. com- Win-win cooperation Improve supplier quality and technology pany MSCI, this index is one of the world’s key indexes in CSR investment, and consttuents are companies with excellent ESG results. Protection of local Carry out energy conservation and emission environment reduction actions Protect ecological environment Community Support of community The Company was included in the FTSE4Good Index Series for the frst tme, which is the frst index series to mea- development Support public affairs of the community sure corporate performance that meets globally accepted corporate responsibility standards. Charity and welfare Carry out charity activities within the community

Follow laws and regulations Follow laws and regulations The Company became a consttuent of Hang Seng Corporate Sustainability Benchmark Index and the Hang Seng Drive local economic Pay taxes according to law A-share Sustainable Development Index for the third consecutve year since September 2017. Government development Offer job opportunities Pay taxes according to law Drive development of related industries

As one of the 100 best-performing A-share companies in ESG, it was included in Beautful China ESG 100 Index. Carry out strategic cooperation Financial institutions, R&D Common development Strengthen industry, university and research institutions, media, etc. Information disclosure cooperation Organize activities such as visit and meeting As one of the 100 listed companies with high comprehensive value in economic, social, environmental and governance aspects, the Com- pany was included in the CSI Sustainable Development 100 Index (ETF).

14 15 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd. Corporate Governance Research & Development Products & Services Environment Employees Supply Chain Community & Charity

Identification of Key Aspects

On the basis of internal and external stakeholder expectatons, its business scope and global sustainable development, and with reference to domestc and internatonal CSR standards, guidelines, initatves, as well as regulatons on the development of wind power industry, a total of 40 topic issues concerning the Company’s economic, social and environmental impacts that are of importance to stakeholder decisions were iden- tfed. Afer being reviewed by the Company management and being adjusted according to surveys involving stakeholders, all the issues to be disclosed in the Sustainability Report were confrmed.

In December 2019, the Company issued to its stakeholders a questonnaire concerning topics to be covered in the Sustainability Report, and re- ceived feedback and suggestons from investors, customers, employees and suppliers. A total of 100%-valid 120 questonnaires were collected.

High Quality of WTGs R&D and innovaton Employee development Coping with climate change Occupatonal Supply chain management health and safety Equal and standard Client service employment

Corporate governance Energy saving and emission reducton Ant-corrupton Waste management Community communicaton and partcipaton

Ecological civilizaton constructon Charity Improving water environment

Driving industry development Inuences on evaluaton and decision of stakeholders on evaluaton Inuences

Low Inuences on creatng maximized comprehensive value of economy, society and environment for the Company High

Matrix for the key aspects of the 2019 Sustainability Report of the Company

16 17 01

Corporate Governance

As a listed company on both Hong Kong and Shenzhen Stock Exchange, over the years, Goldwind always upholds integrity, honesty and compliance in its businesses and operations, continuously upgrading its corporate governance and internal management level, and creating values for shareholders and the society sustainably.

United Nations Sustainable Development Goals Supported

Goldwind has established a robust anti-corruption system. It spares no effort in raising public awareness against corruption and in expanding its training programs. It has set up complaint channels and strives to create a transparent and healthy work environment. P22

18 19 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd. Corporate Governance Research & Development Products & Services Environment Employees Supply Chain Community & Charity

Corporate Governance

Goldwind strictly abides by laws and regulatons and standardized documents such as the Corporate Law, Securites Law, Governance Standards Please refer to the “Corporate Governance” secton of the 2019 Annual Report (A-shares: 002202) or the “Corporate of Listed Companies, Corporate Governance Codes, Stock Listng Rules of the Shenzhen Stock Exchange, and Rules Governing the Listng of Secu- Governance Report” secton (H-shares: 2208) for detailed informaton about the Company’s governance. rites on the Stock Exchange of Hong Kong, and establishes a modern corporate system and operatng mechanism comprising the Shareholders’ Meetng, the Board of Directors, the Board of Supervisors, and the management team. Under the Board of Directors, there are Audit Commit- tee, Nominatng Commitee, Compensaton and Assessment Commitee, and Strategic Decision Commitee, with each specializing in its feld to promote the efcient, scientfc, and standardized operaton of the Company. Compliance Management The Company adheres to integrity credibility and compliance. It fulflls the obligatons of a listed company, and con- tnuously improves its compliance system with daily consultatons, major issue assessments, compliance training and inspection, accepting feedback and suggestions to improve itself, as well as amending the Articles of Association, Shareholders' Meeting Fundraising Governing Mechanisms, Working Rules of the Nominatng Commitee, and Working Rules of the Audit Commitee in accordance with relevant rules and regulatons. Following the rules of stock exchanges in both Shenzhen Board of and Hong Kong, the Company sorts out subsidiaries and business units that may have compliance risks according to Supervisors their business characteristcs, and conducts investgaton and verifcaton of their compliance. In additon, the Compa- ny tailors compliance training materials in accordance with diferent characteristcs of subsidiaries and business units, providing them with multple training sessions and promotonal actvites throughout the year, thereby enhancing their Board of Directors compliance awareness and capabilites and raising the overall quality of management.

Nominatng Compensaton and Strategic Decision Audit Commitee Commitee Assessing Commitee Commitee Risk Management Business Units The Company attaches great importance to risk management, continuously strengthens its risk management and control, and gradually establishes standardized risk management methods, tools and standards, so as to facilitate the The Company's Governance System identfcaton, evaluaton and response of risks in various business systems. In additon, the Company strengthens the tracking and containment of potental risk events, and enhances the risk awareness and risk management capabilites Shareholders’ Meetng has ultmate authority. The Company convenes shareholders’ meetngs strictly in accor- of employees to promote the realizaton of corporate strategic goals. In 2019, the Company investgated all the busi- dance with the requirements and requirements of the Rules for the Shareholders’ Meetngs of Listed Companies, ness segments to evaluate the efectveness of current risk management and control, so as to improve its risk manage- Artcles of Associaton and the Rules of Procedure of Shareholders’ Meetngs, treats all shareholders equally to ment system. ensure that they can fully exercise rights, and actvely safeguards all shareholders’ legal rights.

The Board of Directors consists of 9 directors, with deep industry professional background or rich corporate management experience. In order to ensure the diversity of board members in terms of skills, experience and perspectves, improve the efciency of board operatons, and maintain a high standard of corporate governance, Risk Classifcaton the Company formulates and abides by diversity policies, and makes scientfc and reasonable appointments Establish a risk classifcaton framework according to the characteristcs of business for risk review and classifcaton of candidates by considering factors such as gender, race, age, language, cultural background, educaton back- ground, industry experience and professional experience in accordance with the procedure set by the Nominat- ing Commitee. Three directors have many years of experience in the wind power industry and management, and three independent directors are experts in accountng, fnancial management and wind power, complement- Risk Identfcaton ing the corporate members. There are two female directors, accountng for 22% of the total number. The Board Based on the risk classifcaton framework, analyze and identfy potental factors that may afect the realizaton of of Directors adheres to the communicaton and decision-making mechanism with “integratng collectve wisdom corporate strategic business objectves by adoptng methods such as questonnaires, report analysis, process and making democratc decisions” as its core, giving full play to the wisdom and professional capabilites of di- % 22 analysis and expert discussions rectors. When reviewing major issues, it seeks the opinions of each independent director regarding major issues such as capital operatons, proft distributon, connected transactons, external guarantees, venture capital, and The percentage of board internal control self-assessment reports. members who are women Risk Assessment Assess the possibility of risk occurrence and its infuence, prioritze major risks through comparatve analysis, and The Board of Supervisors is the Company’s permanent supervisory body, responsible for supervising the board of preliminarily determine the management priority and response strategy directors and its members, as well as senior managers such as the President, Vice President, and Chief Financial Ofcer, so as to prevent them from abusing their powers or infringing on the legitmate rights and interests of shareholders, the Company, and employees. Risk Response The Shareholders’ Meetngs, the Board of Directors, the Board of Supervisors and the Special Commitee of the Based on the actual conditons and external environment, establish risk management plans including risk aversion, Board are responsible for reviewing major maters related to the corporate development. In 2019, the Company risk reducton, risk sharing, and risk acceptance. held 13 board meetngs and reviewed 55 proposals including annual reports and proft distributon plans. The Company held 3 shareholder meetngs and reviewed 20 proposals. It also held 4 meetngs of the Audit Commit- tee, 3 meetng of the Nominaton Commitee and 2 meetng of Compensaton and Assessment Commitee. Corporate Risk Management Process

20 21 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd. Corporate Governance Research & Development Products & Services Environment Employees Supply Chain Community & Charity

Anti-Corruption Investor Communication Under the guidance of the Board of Director Audit Commitee, the In 2019, the Company further improved its anti-corruption mech- Company has set up an independent Audit and Supervision Depart- anism, and formulated and issued the “Supervision Management ment to monitor and tackle corrupton. The Company contnuously System” to clarify the supervision organizaton, job responsibilites, The Company ataches great importance to investor relatonship management. Through informaton improves its ant-corrupton system, establishes ant-corrupton be- disciplines and principles, and supervision measures among others, disclosure and communication, it enhances transparency and increases investors’ understanding havior and ethical standards, optmizes related supervision, inspec- stipulate procedures for reporting, acceptance, investigation, and and recogniton of the Company. As a player in the new energy industry featuring frequent regula- ton and restricton mechanisms, and set up ant-corrupton systems handling of supervision matters, strengthen supervision and ac- tory policies and ferce market competton, the Company keeps itself updated on operatons and f- and processes by identifying key areas and links. In 2019, no legal countability to strictly punish corrupton, and introduce professional nances as well as compettors’ conditons, and monitors and analyzes the policies formulated by the proceedings related to company corrupton were recorded. supervisors to strengthen the prevention and crackdown of major regulatory departments, the capital market, and the macro economy as well, so as to communicate In the 10th China Listed Company violatons of laws and regulatons. with investors in a tmely and efectve manner and establish good investor relatonships of mutual Investor Relatons Selecton spon- The main ant-corrupton regulatons of the Company include: beneft and trust. The Company builds a comprehensive platorm for tmely and efectve commu- sored by the Securities Times in The Company promotes its corporate culture, and builds a long-term nicaton with investors through regular performance conferences and roadshows, regular surveys April 2019, Goldwind won the Regulatons against Bribery in Work mechanism that prevents employees from conducting corruption of investors, and communicaton channels such as investor email, hotline, ofcial website, WeChat “Tianma Award” for the Best through extensive publicity on legal and moral rules. More than 10 ofcial account and WeChat group. In 2019, the Company organized 2 overseas roadshows, 3 perfor- Board of Directors and the Best Employee Ethics & Code of Conduct ant-corrupton sessions were carried out in 2019, covering over 300 mance conferences, 2 online recepton days, and 86 communicatonal conferences, and partcipated New Media Operation consecu- employees. in 3 sell-side summits, receiving a total of 1,942 investors throughout the year. It responded to all tvely. Goldwind Executves Sunshine Conventon the questons investors raised via IR platorms, email and hotline. The company encourages all employees and external personnel Reward & Penalty Management System to report any corruption incidents. It publishes on its official web- site, ofce space and digital platorms the channels through which Supervision Management System complaints and reports can be made, designates staff to handle these complaints and reports, and guarantees measures to protect employees or related persons who are involved in the reportng and investgaton.

Ant-corrupton reportng Hotline: +86-0(10)-67511888-1127 Email: [email protected] Address: Audit & Legal Department, Goldwind Science & Technology Co., Ltd. No.8 Boxing Yi Road, Economic & Technological Development ZONE, Beijing, China Post Code: 100176

Rights and Interests of Investors The Company actvely safeguards the legitmate rights and interests of investors, strictly fulflls its informaton disclosure obligatons, and dis- closes corporate management informaton in a tmely, accurate and complete manner. The Company improves its investor rights protecton mechanism, and strictly implements decision-making procedures in accordance with relevant laws and regulatons. As for all the resolutons of the Shareholders’ Meetngs, the Company separately counts and discloses the votng results of small and medium investors. Its management Global Press Conference on the 2019 Half-year Results has been contnuously optmized to improve operatng performance and realize value sharing with investors.

Returns of Investors Information Disclosure The Company ataches importance to investors’ long-term and sustained returns. Through stable operaton and scientfc management, it con- tnuously improves its proftability and rewards investors with sound operatng performance. It has been implementng a proactve and stable As a company listed on both the Shenzhen and Hong Kong Stock Exchange, Goldwind contnues to refne informaton disclosure system and cash dividend policy for consecutve years, enabling investors to receive contnuous returns from sound corporate development. In 2019, the releases company informaton in a tmely, accurate and complete manner in accordance with the principle of “strictly implementng regulatory Company generated a revenue of RMB 38.24 billion; net profts atributable to shareholders of the Company RMB 2.21 billion; the basic earn- rules and disclosing consistent informaton in both exchanges”, so as to ensure that investors of both exchanges have fair access to corporate in- ings per share RMB 0.51/share. formaton and fully understand corporate operaton and business conditons in a tmely manner. In 2019, the Company issued 4 regular reports, 149 A-share announcements and 190 H-share announcements in both Chinese and English.

22 23 02

Research & Development

Goldwind strives to drive corporate development through technological development, promotes active innovation, and facilitates high-efficiency green energy production and application based on big data and artificial intelligence, so as to transform the way energy is produced and acquired, and to drive the development of an increasingly smart energy world.

United Nations Sustainable Development Goals Supported

Goldwind is leading the industry with innovation. It has reduced the cost of wind power, developed technologies such as smart microgrids, and strived to meet global electricity demand in a clean and green way. P27

24 25 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd. Corporate Governance Research & Development Products & Services Environment Employees Supply Chain Community & Charity

Management Based on Science and Technology Product and Technological Innovation

Innovation Relying on its leading technological advantages and strong research capabilites in the feld of wind power, the Company has developed indus- try-leading products and technologies through scientfc and technological research, technology introducton, cooperatve design, and indepen- The Company implements an innovaton-driven development strategy, contnuously improves its company-based, market-oriented technolog- dent R&D, so as to contnuously improve generaton efciency of WTGs, lower levelized cost of energy (LCOE), enhance both security and envi- ical innovaton that integrates cooperaton among industrial, academic and research felds, and contnues to explore and optmize innovaton ronmental friendliness of WTGs, and promote high-quality development of the industry. management processes and methods, thereby enhancing both management and efectveness of technological innovaton.

The Company has set up 7 major R&D centers around the world as an integral part of the Goldwind R&D system. Each major R&D center contnuously powers Optimal Levelized Cost of Energy (LCOE) the Company in its wind power technology, products, services and industrial co- 1 90+ operaton, actng as an open engine for the Company’s technological innovaton. Chinese and foreign While contnuously strengthening its own technological capabilites, the Company Natonal Enterprise experts with interna- The Company develops wind turbines with forward-looking compettveness. With more cost-efectve products and solutons, it promotes quality control, cost also actvely expands cooperaton with universites and research insttutes, and Technology Center tonal infuence reducton, and efciency improvement during the full lifecycle of wind power, and reduces the levelized cost of energy. Based on the large-scale development innovates with suppliers to jointly implement major scientfc research projects, of wind power and complex operatng environments such as decentralizaton, low wind speed and ofshore conditons, the Company contnues to innovate in striving to make breakthroughs in major and bottleneck technologies for the product technology routes, wind energy resource locaton, and operaton and maintenance services, so as to provide a strong impetus for achieving grid parity. industry, and actively promoting the application of scientific and technological researches. 26 3 Accurate assessment of wind resources 2019 2018 2017 key natonal scientf- postdoctoral work- The Company has launched a number of digital tools including GoldGIS, New Freemeso and GoldFarm, enabling wind power developers to achieve one-click R&D investment (RMB 100 million) 15.57 15.77 14.73 ic research projects statons accurate site selecton, maximize the use of wind resources, and improve the efciency of wind farm power generaton. In 2019, the Company launched the R&D investment as a proportion of wind energy resource assessment cloud platorm called the “Wind Master”, which made use of the self-developed wind fow feld calculaton simulaton kernel 4.07 5.49 5.86 total revenue (%) 25 20+ and professional technologies such as advanced weather forecastng and geographic informaton system to help users evaluate wind energy resources more ac- curately, efciently and conveniently. In additon, it features extended functons such as WTG noise assessment and terrain map correcton to achieve one-stop Number of R&D personnel 2,826 3,132 2,881 provincial and minis- provincial and ministe- . R&D personnel as a proportion of total terial-level projects rial-level science and 31.53 35.78 34.41 employees (%) technology platorms Superior technology Goldwind Smart WTG The Permanent Magnet Direct Drive (PMDD) technology, which the Com- pany adopts and has independent intellectual property rights on, features a wider range of wind speed adjustment and generators that produce power Permanent In-depth With the support of the Strategic Innovaton Business Commitee, the Company has established a mechanism for organizatonal security and with direct drive of rotors. Compared with traditonal technologies, PMDD Magnet Direct Perception operaton, formulated regulatons such as the Innovaton and Applicaton Management Measures and Innovaton Project Approval and Evalu- technology raises power generation efficiency by 5%, and lowers overall Drive aton Management Measures that serve as the foundaton of innovaton management and create an actve atmosphere for innovatonal work. O&M costs by roughly 10% due to simpler turbine structure that reduces More efcient Environmental It also provides innovaton platorms such as forums, technology awards, and creatvity contests to unlock employees’ innovaton potental. In the number of components and minimizes system error. In recent years, power genera- state percepton September 2019, the Company held a Technology Innovaton and Applicaton Conference to internally exchange and discuss latest innovaton the Company has introduced advanced technologies such as artificial in- ton technology practces and future technology development trends in renewable energy industry, awarding role models and outstanding teams in the feld of % % telligence, big data and Internet of Things, in order to develop smart WTGs WTG state 2 -5 innovaton. with functons such as the percepton of external environment, operatonal High reliability percepton Increase in power status, and behavioral patterns, cognition and control, and collaborative technology generation decision-making. In 2019, the Company launched GW155-4.5MW and WTG behavior Low mainte- GW136-4.8MW smart turbines that were enabled automatc adjustment, percepton nance cost adaptaton and control through advanced sensors, which allowed the per- technology cepton of external environment and evaluaton of operatonal status and % % behavioral paterns. Grid-friendly 20 -30 Increase in MTBF One-stop service during full life cycle of a WTG Collaborative Self-recognition Decision-making and Control With experience in operating and maintaining more than 35,000 wind turbines, a nationwide O&M service network, and an intelli- Environmental Staton level gent operaton system with SOAM™ as its core, the Company is able state recogniton 5%-10% to provide service in terms of daily O&M, material support, in-depth Decrease in O&M technical transformaton, and efciency improvement. The Compa- WTG state Cluster level costs ny’s smart and digital O&M services have already extended to the recogniton whole value chain, providing one-stop service during full life cycle of a turbine and thus improving O&M efciency and power generaton Energy system WTG behavior capacity of WTGs. level recogniton

26 27 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd. Corporate Governance Research & Development Products & Services Environment Employees Supply Chain Community & Charity

Protection of Intellectual Property Rights

Goldwind has established a complete intellectual property management system to efectvely manage and protect its technological innovaton fruits, thus promotng internal scientfc and technological innovaton. In the process of technology introducton and cooperaton, the Company researches on development status of similar technologies at home and abroad through patent literature, conducts reviews and forecasts on imported projects, and learns patent informaton, as well as the scope of patent protecton, technical content, and legal informaton about pat- entees, patent validity and covered regions, thus respectng intellectual property rights of others and preventng itself from any infringement. Intellectual Property Management Measures

Set up an Intellectual Property Management Ofce

Set up an Intellectual Property Management Ofce stafed with professionals responsible for daily patent search and analysis, patent mining and deployment, and patent applying and grantng

Develop System Management Regulatons and Workfow

Examples of Goldwind innovatve products: Formulate and revise systems and regulatons such as the Intellectual Property Management System, Patent Management Measures, Technical Materials Management System, and Trademark Management Measures, and Big data applicaton platorm facilitate their implementaton

integrates data within the full life cycle of a turbine, and provides digital applicaton services for wind farm operaton and optmizaton Enhance Intellectual Property Awareness

Global monitoring center Carry out targeted training sessions for middle-level and senior managers, R&D engineers, intellectual property per- sonnel, with a total of approximately 2,500 people receiving intellectual property training in the past three years engineers monitor the operatonal status of WTGs, remotely guide the handling of abnormal WTGs, and evaluate the status of WTGs in advance through back-end technology, thus optmizing the WTG management and control

Establish Patent Database Wind farm mobile O&M platorm “GO PLUS” Establish a dedicated database of wind power patents, learn about the technology trend of the industry based enables wind farm operaton management personnel to obtain real-tme data and keep close contact with Goldwind’s back-end ex- on latest patent applicatons in wind power, and tmely identfy obstacle patents, thus avoiding patent infringe- perts to improve WTG performance ment risks and protectng the intellectual property rights of others

Case

Offshore wind turbine with the largest rotor diameter in Asia Pacific runs at full capacity As the end of 2019, the Company has obtained 350 domestc trademark registraton approvals, and 127 overseas trademark registraton approvals.

To match China’s ofshore areas with low wind speed, Goldwind launched GW184-6.45MW ofshore large-rotor WTG in 2018, register- ing the largest capacity ofshore WTG in China by then. By reducing the number of deployment sites, it reduced multple investments such as sea area occupaton and acquisiton cost, basic constructon cost, installaton, and submarine cable laying. In December 2019, Cumulatve number of patent licenses Cumulatve number of patent applicatons this batch of 90-meter-rotor wind turbine started full-capacity operaton in Three Gorges Ofshore Wind Power Project, Dafeng, Jiangsu Province and became the largest rotor-diameter ofshore wind turbine in operaton in China. Through adoptng tower dampers, as well as multple advanced techniques such as laser wind measurement technology, blade tp-to-tower clearance monitoring system, and 4,570 smart wind turbine control technology, this wind turbine features beter stability and adaptability, so as to ensure safe operaton, and 3,938 improve reliability and power generaton efciency. 2,752 1,903 1,384 2,829

Participated in “Key Technology and GW140-2.5MW onshore smart tur- “Key Technology Research and Appli- Application of Large Low-speed High-ef- bine and GW154-6.7MW offshore cation of 140-meter Ultra-high Wind ficient Permanent Magnet Direct Drive smart turbine were both awarded Tower” project won the Second Prize Wind Generator” project that was award- “Annual China Wind Energy Best Wind of “Annual Scientific and Technologi- 2019 2018 2017 2019 2018 2017 ed second prize of the “Annual Natonal Turbine” cal Progress Award of Electric Power Technological Innovaton Aaward” Constructon”

28 29 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd. Corporate Governance Research & Development Products & Services Environment Employees Supply Chain Community & Charity

Drive the Development of the Industry Participate in Standard-setting

The company actvely partcipates in the compilaton and revision of standards of wind power technology, providing fundamental support for qual- The Company gives full play to its leading role in the industry and contnuously invests in technology R&D, industrial chain resource integraton, ity enhancement and technological improvement of the industry, and leading the development of industry standardizaton. As the end of 2019, the internatonal exchange and cooperaton, and industrial talent cultvaton, so as to contribute to industrial development and progress. Company has presided over and partcipated in the formulaton of 235 standards, including 220 domestc standards and 15 internatonal standards.

Deepen Exchanges and Cooperation Cumulatve number of domestc standard-setng partcipated Cumulatve number of internatonal standard-setng partcipated

220 178 The company actvely organizes and partcipates in industry exchange actvites to share experience in wind power sector with domestc and internatonal counterparts and discuss cutng-edge development trends, so as to promote the development of the wind power industry. In No- 151 vember 2019, as a director member, Goldwind allied with 12 other infuental energy-related companies to initate the Energy Industry Internet 15 13 Joint Innovaton Center, aiming to create a new ecology for the whole energy industrial chain together with industrial partners. 7

2019 2018 2017 2019 2018 2017

Cultivate Talents for the Industry

The Company establishes an internal training system to enhance staf skills, and cooperates with universites to jointly cultvate reserve talents. The Company also cultvate talent for the entre industry through sharing training resources with upstream and downstream enterprises such as customers and suppliers. In 2019, the Company established an ofshore wind power training center based on the ofshore wind power survival on-site training platorm, compiled a series of teaching materials for ofshore wind power personnel, and cultvated talents, laying the solid foundaton for the development of ofshore wind power. Over 50 clients, suppliers and other companies in the industry and about 1,300 people received the training throughout the year.

30 31 03

Products and Services

Keeping in mind the belief of making contributions to the future of mankind, Goldwind continuously consolidates its business advantages in the field of wind power, provides overall solutions including WTGs, wind power services, and wind farm development, and focuses on the development of other renewable energy. The Company also actively explores technologies such as smart micro-grid, distributed energy, and water treatment, striving to contribute to the cause of global energy and environmental protection.

United Nations Sustainable Development Goals Supported

Goldwind engages in water treatment business and launches wastewater treatment, water reuse and sludge disposal projects on a larger scale. It integrates water treatment with energy technologies to create a new model of clean energy utilization and smart water plant management. P37

Goldwind is committed to providing affordable, reliable and sustainable green power to the global community through innovating wind power technology and products, reducing electricity costs, as well as building wind farms around the world to popularize green energy. P35

32 33 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd. Corporate Governance Research & Development Products & Services Environment Employees Supply Chain Community & Charity

Quality and Quality Management of WTGs

safety of In order to ensure the reliable operaton of wind turbines through the entre lifecycle, the Company pro- vides systematic guarantees for WTGs quality from five dimensions, namely, culture-oriented, technol- ogy-innovated, leadership-driven, exceptional supply chain, and customer experience. Meanwhile, the WTGs Company facilitates collaboraton between upstream and downstream enterprises to optmize the whole industrial chain, aiming for improved end user experience and optmal product quality during full life cycle of WTGs. The Company implements standardizaton management through three platorms of reliability verifcaton of the WTGs and components, quality management digitalizaton and wind turbine early warn- ing system, and utlizes quality improvement tools with lean management and Six Sigma as the core; these measures have received positve feedback. In August 2019, the Company was granted “Natonal Quality Award” and became the frst wind power company to ever receive this natonwide, highest-level honor of quality. The award was sponsored by China Associaton For Quality.

In 2019, the Company thoroughly applied the “Preventon First” concept and carried out comprehensive quality management for the full life cycle of WTGs, covering WTGs design, component procurement, man- ufacturing, operaton, and maintenance, so as to manage the overall product quality through risk forecast and health early-warning. Quality control and management processes were digitalized for the sharing of quality data and standardizaton of solutons, thus improving the Company’s remote quality management capability and optmizing full-lifecycle product quality. The Company provides quality assurance service in the form of free repair and replacement of parts within 2-5 years of warranty period since the delivery of Wind Turbine Safety Management WTGs, so as to ensure the performance and normal operaton of WTGs.

In order to enhance the supervision and management of product quality, the Company conducts quality inspec- During the R&D, design and manufacturing of wind turbines, the Company strictly follows the sequence of “integratng health and safety re- ton in three stages: component procurement, manufacturing, and delivery, so as to improve the quality of WTGs. quirements, developing protectve devices, and providing prompt informaton”, and implements stringent safety standards, thus contnuously improving the safety performance of WTGs. In 2019, the Company did not recall any wind turbine due to safety and health-related issues. Component procurement: inspect the quality of parts through integrated methods of frst-item inspecton, on-site operaton assessment, and small-batch inspecton, and conduct quality inspectons of batch product The Company includes safety professionals in the WTGs development process, refnes safety design parameter requirements, and systematcally based on quality supervision, process inspecton, quality system inspecton, running test, and incoming/arriv- plans and manages the impact of WTGs on customers’ safety and employees’ occupatonal health. Based on the product development process, al inspecton, etc. the Company collects and interprets HSE requirements and related standards in wind power markets around the world, and translates them into its internal design requirements for WTGs, ensuring comprehensive and authoritatve HSE design from the start. On the basis of meetng the Manufacturing: identfy key producton processes, features, and risks of wind turbines, and make manufactur- needs of functon design of wind turbine sub-systems, the Company conducts the multdimensional review of the overall design scheme of wind ing quality control plans; inspect the manufacturing process of WTGs in accordance with General Inspecton turbines and sub-systems, and based on safety design requirements, includes warning signs, and safety colors applicaton in its fnal products. Specifcatons for Goldwind MW-class WTG Assembly Process, and conduct functon tests in simulated on-site It also develops an HSE system design based on product HSE design requirement so as to meet specifc health and safety requirements, and en- operaton conditons by using debugging-free testng fxtures, so as to ensure the functons of WTGs; sure the intrinsic safety of WTGs. Delivery: perform review and verifcaton of WTG documents, packaging, transportaton, and other conditons according to General Inspecton Regulaton on Product Delivery. Provide Reliable Green Power Energy

The Company has formulated rule and regulatons including, Customer Complaint Handling Process, and Reg- ulaton on Quick Response to Wind Farm Failure. It has established customer complaint response mechanism, Wind turbines barely generate harmful emissions to the environment, Energy storage system: separate the traditonal, centralized energy stor- implemented accountability system of being frst one to the complaint call and inter-departmental collaboraton nor do they consume fossil fuels, making wind power more benefcial age system into electronic storage systems and batery storage systems, mechanism, and set up a management team to classify and manage complaints accordingly. The Company also for environmental protecton and sustainable development, when com- then store and release energy for different scenarios, thus laying the evaluates overall effectiveness of problem-solving in accordance with the Assessment on Solutions of On-site pared with conventonal thermal power. The Company provides WTGs foundaton for local consumpton of wind power. Complaints and Customer Complaints. The Company ataches importance to improving customer experience. It to more than 20 countries of 6 contnents, and supplies high-quality and conducts self-assessment and third-party surveys to learn customer satsfacton, and employs scientfc statstcal reliable green power to those regions. As of the end of 2019, the Com- Smart micro-grid: establish a stable energy supply system comprising methods to analyze surveyed data and the change of trend, thus contnuously improving the quality of product pany has installed more than 60GW, namely more than 36,000 WTGs mainly of renewable energy such as wind and solar power, and clean and the level of service. worldwide, with 120 billion kWh annual power generaton. energy such as natural gas, as well as maximize the use of renewable energy by using efcient energy storage methods and energy manage- In response to the problems of long-distance transmission and random ment control systems fuctuatons of wind power, the Company has actvely developed core Case technologies such as distributed energy, efcient energy storage, and From 00:00 on June 9 to 24:00 on June 23, 2019, for 360 consecutve The R&D and test verification system ensures the high reliability of wind turbines energy management and control. The Company provides diversifed en- hours in 15 consecutve days, manufacturing and residental power in ergy products and solutons in terms of network, source, load, storage, Qinghai Province was provided 100% by clean energy, including hydro, High quality and reliability of wind turbines are inseparable from repeated verifcaton. The Company has increased its technolog- control and others, thereby building stable and reliable green power solar and wind energy. Generating zero pollution or emission during ical investment and contnuously improved its basic experiment capabilites. Through investment in the establishment of labora- producton and consumpton platorms for users. power consumpton, Qinghai made a new record of clean energy usage, tories and introducton of experimental equipment and test personnel, the Company utlizes digital simulaton technology, on-site afer “Green Energy for 7 Days” and “Green Energy for 9 Days”. Gold- trial operaton and other methods to simulate actual operatng conditons and inspect the performance of wind turbine control wind has worked with State Grid Qinghai Electric Power Corporaton to systems, complete WTG and large components. The Company has, with either independent investment or joint funding from sup- build the Qinghai New Energy and Big Data Innovation Platform, and pliers, built multple testng platorms for large components including blades, pitch/yaw systems, and generators. The Company 120 billion kWh has provided strong support for “Green Energy for 15 Days” in Qinghai. has successively established experimental bases in Dabancheng of Xinjiang Province, Dafeng of Jiangsu Province, and other places. Combined with the testng capabilites of Zhangbei Natonal Wind Power Research and Testng Center, the Company has expanded testng on a single unit to the coordinaton of multple units, multple wind farms, and feld networks, and has formed four levels of Annual power generaton testng and verifcaton capabilites that penetrate components, sub-systems, WTGs, and wind farm and grid networks.

34 35 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd. Corporate Governance Research & Development Products & Services Environment Employees Supply Chain Community & Charity

Case Water Treatment Goldwind-Yulin Xiehe Smart Micro-grid Technology Project was officially launched While consolidatng its wind power business, the Company actvely expands other energy-saving and en- In December 2019, the Yulin Xiehe Smart Micro-grid Technology Project planned and constructed by Goldwind was ofcially vironmental protecton businesses, contributng to the sustainable development of the environment and launched and put into operaton. It was the frst commercial MW-level complementary smart micro-grid technology project of society. The Company established Goldwind Environmental Science & Technology Co., Ltd. in 2015 to carry 54 wind power, solar power and batery storage in Shaanxi Province, and it was also the frst micro-grid project in China to utlize out water supply, sewage and sludge treatment, and water reuse businesses. As of the end of 2019, the the resources of new energy power step-up substaton. The project utlized the unused land of Yulin Xiehe ecological solar Company has 54 water business projects. Water Treatment Plants step-up substaton to construct the load-side wind and solar power as well as power storage and fast-charging complementary supply system to provide economical, green and convenient power solutons for photovoltaic step-up substatons and compa- The Company contnuously develops, introduces, and applies new techniques, technologies, and equip- nies in local industrial parks. The overall plan consisted of a 2 MW wind turbine, a 100 kWp roofop photovoltaic panels, a ment in water treatment business to improve the efciency and quality of processed water. Water quality 500 kWh container energy storage system, a 50 kWp photovoltaic carport, and two fast-charging piles. It is estmated that the of various Goldwind water treatment factories surpassed the designed discharge standards. With wind project can save approximately 4.74 million kWh of energy consumpton on the load side of step-up substatons each year and power equipment, new energy technologies, and emerging technologies such as IoT and big data, Compa- reduce 4,997.86 tons of carbon dioxide emissions. It could help efectvely optmize the power structure of step-up substatons ny’s water treatment plants are able to utlize clean energy and intelligent management, so as to reduce 3 million tons per day and reduce energy costs, setng an example for large-scale commercializaton of micro-grids of wind power, solar power and energy consumpton, improve qualifcaton rate of water discharge, and boost automated factory oper- batery storage. aton and green development. Relying on wind power equipment manufacturing and use of new energy Water treatment technology, combined with emerging technologies, such as the Internet of things, big data realize clean processing quantty utlizaton of water energy resources and intelligent management, reduce energy consumpton of tons of water treatment, improve the water level of automatc operaton success rate, improve water and green- Wind Power Operation and Maintenance Service development.

The Company puts forward the concept of “full lifecycle service” with the goal of creatng high-quality service throughout full lifecycle of WTGs, and builds the intelligent wind power operaton system, with the service maintenance mode of online smart monitoring and ofine efcient im- plementaton, increasing WTG stability and wind power generaton capacity. Smart operaton Energy Internet The equipment involved in the Use of new energy sources such as wind The Company integrates gradually developing and maturing technologies such as the Internet of Things, big data, cloud computng, artfcial operaton utlizes automatc control energy, solar energy, water source heat intelligence, and VR/AR with wind power technologies to develop a series of informaton platorms. It also collects, transmits, and analyzes wind and intelligent judgment of pump and biogas power generaton to farm operaton data to build up an intelligent operaton and maintenance supportng platorm for service, together with intelligent analysis, maintenance and repairs replace traditonal energy and reduce fault early-warning, professional support, knowledge-sharing, and other functons. The Company also forms a wind power service talent team carbon emissions Core Characteristcs and optmizes the layout of spare part resource network, thus establishing a service and material network across China and other countries, as well as a standardized, high-quality, and efcient operaton and maintenance guarantee mechanism. Some operaton and maintenance staf are of Smart Water not required to be statoned in the wind farms, as they only need to store and deploy materials, vehicles and tools, and repair wind turbines ac- Big data analysis Business isualized and at mobile supervision cording to the plans of the smart service platorm, so as to respond to wind farm demands swifly. Develop a scientfc plan through data Operatonal issues immediately collected analysis, and formulate counter-mea- and reported to responsible department Case sures; discover the value of data and or personnel afer submission to the utlize data of technique, equipment, platorm, and consulted and managed New Energy Sharing Service Center was put into use, opening up the era assets, performance and others afer through the platorm at any tme of new energy service sharing analysis Hami, located in eastern Xinjiang Province, has a total installed wind power capacity of more than 10 million kW, has been identfed as a natonal “Ten Million kW-level Wind Power Base”. In 2019, the Company’s frst large-scale new energy sharing service center in Xinjiang was ofcially put into use in Hami, mainly providing operaton and maintenance services such as business training, electrical testng, spare part repair and storage, centralized monitoring, and resource allocaton. The center monitors the operatonal status of wind turbine equipment through remote monitoring system, and utlizes big data to provide early warning and intelligent fault diagno- Goldwind Environmental, a wholly-owned subsidiary of Goldwind, through investment and acquisiton, with water treatment processing sis. In additon, it works together with on-site maintenance personnel and technical support personnel to provide one-stop component extends the industrial chain through smart water services, industrial quantty exceeding 3 million tons per day. In March 2019, Goldwind maintenance and spare part supply services, thus reducing the economic loss caused by wind turbine shutdown. Through centralized water treatment technology services, and water plant operation Environmental was awarded “Investment and Operaton Enterprise forecastng across regions, types, and , the center realized informaton-sharing among multple wind farms, thereby improv- services, and deploys water businesses in multiple sectors. Within with Most Growth Potential in the Water Industry in 2018” at the ing forecast accuracy and reducing operaton and maintenance costs. 3 years of its establishment, it has acquired quality water assets E20 China Water Industry Strategy Forum.

In 2019, the Company changed its traditonal operaton and mainte- safe and stable operaton of WTGs throughout their full lifecycle. The nance mode of “failure troubleshootng + regular maintenance” and Company built asset management platorm of full life cycle with WTG developed targeted preventive maintenance measures basing on operaton data as basis, accumulated turbine operaton paterns and years of operaton of WTGs. Based on the evaluaton of service life of experience, and ofered accurate maintenance strategies and sugges- overall components, an in-depth maintenance scheme for prolonging tons, thereby achieving lean management throughout the whole life the service life of components was formulated to replace the com- cycle of WTGs, from wind farm constructon to operaton. ponents which have reached the end of the service life and ensure

36 37 04

Environment

As a leader in the wind power equipment manufacturing industry, Goldwind actively responds to international climate change policies and national energy strategies, and strives to play a vital role in the new energy industry in optimizing energy structures and creating ecological civilizations. While exploring the fields of clean energy, energy conservation and environmental protection, the Company is also dedicated to strengthening its environmental management system, so as to achieve green development.

United Nations Sustainable Development Goals Supported

Goldwind regards the wide usage of wind power as an approach to tackle climate change. It actively implements resilient strategies to adapt to climate change. P40-P41

When utilizing resources, Goldwind concerns about marine protection and avoids causing any adverse effect on the marine ecological environment. P46

Goldwind establishes an effective system to avoid damage to forests and vegetation during its development and construction of wind farms, thereby protecting wildlife. P47

38 39 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd. Corporate Governance Research & Development Products & Services Environment Employees Supply Chain Community & Charity

Goldwind has been paying close atenton to climate change and the impact on its business. Amidst global Coping with response to climate change, various countries actively promote energy transformation and encourage the development and use of renewable energy, which serves as an opportunity for Goldwind to promote wind power. The Company has installed wind turbines in more than 20 countries and regions around the Climate world to provide green power. Meanwhile, the Company recognizes the impact of climate change on its producton and operaton, and studies and analyzes possible scenarios under climate change in the future, Change thereby gradually developing countermeasures and solutons.

Environmental Benefts Achieved through Company’s WTG Products

More than 60 GW of Cumulatve Global Installatons

60 GW

Compared with coal-fred power, it is equivalent to:

Carbon Dioxide Reducton Standard Coal Reducton Forestaton

High temperature and 3 Typhoon Lightning Low temperature 122.83 million tons 36.94 million tons 67.12 million m high humidity

Use high-strength materials Install lightning rod and Add moisture absorption Select materials and compo- to improve the torsional surge protective device to devices within to nents that are resistant to Wind turbines are mostly installed in regions with complex ambient conditons such as the desert, moun- rigidity of blades and the protect wind turbine from prevent condensation on low temperature. Properly tains and plateaus. The Company contnues to enhance the adaptability of wind turbines under harsh en- rigidity of turbines. Increase lightning stroke. Imple- electrical equipment. En- design electrical control cab- vironments. Afer more than 20 years of technical optmizaton and testng, the Company’s wind turbines the overall resistance to ment different lightning hance humidity and heat inets and blade structures can adapt to extreme weather conditons such as typhoons, thunderstorms, high temperatures, low tem- typhoons by adding rivetng protection measures as resistance of the surface to enhance the resistance to peratures, and salt mist at sea. In 2019, the Company launched the GW175-8.0MW ofshore wind turbine, devices; per specific weather con- coating of towers and low temperature, with an- which is able to adjust the rotor speed in real tme according to the weather conditons, efectvely reduc- ditions; blades; t-icing and de-icing devices. ing the erosion of blade leading edge, extending blade service life, and improving reliability.

In August 2019, the ninth named typhoon Lekima, a rare super typhoon in 70 years, made landfall in Wen- ling, Zhejiang Province of China, with the maximum winds of Class 16 (52 m/s). The 105 steel concrete tow- The Company proactvely analyzes, identfes and evaluates various extreme weather conditons and natural disaster scenarios, and manages ers installed by the Company are located in the hardest-stricken area. However, featured with high rigidity them throughout the life cycle management process of wind power projects. and strong damping, those steel concrete towers had fairly small swing amplitude amidst raging typhoon, without hidden dangers of resonance under special working conditons such as strong gust, shutdown, and of-grid. All the 105 steel concrete towers withstood this harsh test and remained in a controlled safe state, demonstratng the excellent food control and ant-wind performance of the steel concrete towers of the Company. Planning stage Construction stage Operation stage Collect long-term observation data from Constructions that have high Professional emergency and rescue meteorological stations where wind requirements for weather conditions equipment is equipped based on the Ecuador Northeast China Guizhou, China power projects are located to analyze include long-distance transportation features of wind power projects and the data of meteorological disasters of ultra-long equipment such as wind meteorological disasters, as well as such as typhoons, strong gust, extreme turbine blades, and ultra-heavy wide the meteorological early warning and temperatures, and lightning. Try to avoid equipment such as generators, ultra- forecasting system. Integrate climate carrying out wind power projects in high- high lifting and fine installation of heavy disaster system-building into operation risk areas. Choose appropriate parameters equipment, and outdoor installation and management system, formulate regarding the wind turbine model, rotor operation of electrical equipment. On specialized management systems and diameter, tower height and material, and the one hand, the Company rationally contingency plans, and carry out training foundation type. Optimize wind turbine plans the construction period based on and emergency drills for wind farm layout, collection line, step-up substation, meteorological information. On the other operators to improve emergency response and other auxiliary engineering design. hand, it establishes a meteorological capabilities. disaster contingency plan to prevent or mitigate risks; relevant risk prevention and control measures and project High Altitude Seismic Areas management measures are supervised Adaptive Adaptive Alpine Regions Adaptive Extreme Weather Adaptive by supervision units, and execution is Magnitude Freezing Rain monitored on a regular basis. Earthquake

40 41 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd. Corporate Governance Research & Development Products & Services Environment Employees Supply Chain Community & Charity

Utilization of Energy and Resources

In the process of wind power equipment R&D and manufacturing, wind power services, and wind farm development and constructon, the main energy and resources the Company consumes include electricity for ofces and during producton processes, gasoline for business vehicles, die- Amount and Density of Primary Energy or Resource Usage of the Company sel for engineering vehicles, and LPG for employee catering. Water treatment business mainly consumes electricity but does not consume water from the nature. Water is mainly used for ofces and canteens, and litle water is used for dust suppression and greening in the process of wind farm development and constructon. Type of energy or resource 2019 2018 2017 Power consumption (thermal) (100 million kWh) 1.57 1.05 0.65 The Company advocates smart energy use. Based on its experience and advantages accumulated in the feld of renewable energy, and support- ed by the Internet and renewable energy technologies, it actvely promotes the use of renewable energy together with other clean energy, so as Power consumption (wind/solar) (100 million kWh) 2.97 2.60 2.20 to improve energy efciency and lower energy cost. Gasoline (kL) 802.30 908.05 654.53 The Goldwind Smart Park, located in Yizhuang, Beijing, has integrated various solutons on the efcient supply and intelligent scheduling of ener- gy and resources, and formed an energy internet system that comprises distributed energy, intelligent micro-grid, intelligent services for energy Diesel (kL) 1,280.77 1,357.45 1,062.69

consumpton, and energy conservaton, thereby efectvely increasing the proporton of clean energy, and improving energy efciency. In 2019, 3 Liquefied Petroleum Gas (10k m ) 1.66 1.53 1.14 the company achieved 65% of use of the renewable power such as wind power and photovoltaic power. Natural Gas (m3) 49.73 50.73 74.88 1 Most of the energy demand in the park was met through the comprehensive energy supply network that consists of Overall energy consumption per RMB 10k revenue (ton 0.0154 0.0167 0.0153 two WTGs near the park, photovoltaic panels installed on the roofs, natural gas, microturbines and energy storage of standard coal/RMB 10k) system; Water consumption (10k ton) 45.71 40.43 37.07 Sewage treatment system was built to collect water from various sources such as sewage and rainwater, which would be used for the sofening of air-conditoning and boilers. Purifed sewage was also used for plant irrigaton. The park Water consumption per capita (ton/capita) 51.01 46.19 44.28 utlized recycled water 100% on watering and bathroom; Packaging material - wood2 (ton) 3,004.27 2,145.09 1,665.35 The intelligent lightng control system and intelligent temperature and humidity control system were applied to prop- Density of wood packaging usage (ton/pc) 0.71 0.75 0.54 erly manage indoor lightng sources, temperature and humidity, thus efectvely saving energy.

Water treatment consumes a large amount of energy. In order to lower the energy consumption of sewage treatment, the Company fully integrates wind power technology with water treatment to innovatvely develop smart water energy solutons. Electricity Cooling and heatng Source Through technologies such as distributed energy and energy efciency platorm, the Company realizes clean utlizaton and intel- ligent management of the entre energy consumpton process of the water plant in a refned and dynamic manner, with higher Micro-gas Geothermal Water-cooled Air heat Gas heat Municipal Gas boiler Power grid Wind power Photovoltaic turbine heat pump heat pump pump pump heatng proporton of renewable energy and energy efciency than those of traditonal water plant.

Case Providing wind power remanufacturing solutions, and recycling used wind turbine components Storage According to statstcs, 70% of the defectve components in the wind power industry can be repaired and reused. The Company aims to

Network improve the performance of used products and maximize resource utlizaton. Based on the analysis and evaluaton of the performance Cooling and and service life of waste and damaged parts of wind turbines, the Company conducts remanufacturing engineering design, and adopts Smart heatng system a series of advanced manufacturing technologies to enable the quality and performance of repaired or remanufactured components to micro-grid group control outperform those of new products. The Company has been contnuously enhancing the reuse capability of recycled components. It has Smart Energy independently developed over 50 sets of testng platorms, and been granted over 50 patents of maintenance and monitoring, with Chilled water Efciency Platorm the capability of performing high-tech repair and remanufacturing on waste wind turbine components, thereby improving the recycling Energy storage storage rate of WTGs. As of the end of 2019, the Company had repaired and remanufactured more than 100,000 components, improving the overall resource utlizaton efciency of the wind power industry. Load

1.Refer to GB/T2589-2008: General Principles for Calculation of the Comprehensive Energy Consumption for the conversion of various energy forms to standard coal equivalents Agricultural Factory Ofce building Business greenhouse Gym EV charging staton 2.In 2019, as the production quantity and sales of WTGs increased, the Company increased the use of wooden packaging. Further optimizing the weighting method of wooden packaging, the Company calculated nearly actual use of packaging in a more appropriate way.

Energy Line Informaton Flow Structure Chart of Goldwind Smart Park in Yizhuang, Beijing

42 43 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd. Corporate Governance Research & Development Products & Services Environment Employees Supply Chain Community & Charity

Emissions and Waste Management Emissions of Primary Waste

Waste Primary source 2019 2018 2017

The Company generates relatvely litle waste in wind turbine manufacturing, mainly comprising a small amount of hazardous waste and some 1 general solid waste. Hazardous waste are mainly organic resins and organic solvents; solid waste are solid packaging materials and general Hazardous waste (ton) Factory workshops 103.21 38.20 23.42 waste, as well as some solid waste generated during the constructon of wind farms. Construction waste from 2 Wind farms 363.59 2,082.71 2,111.79 wind farms (ton) The Company strictly abides by relevant laws and regulatons such as the Preventon and Control of Environmental Polluton by Solid Waste, and properly handles all types of waste in compliance with the principles of category-divided recycle, centralized management and comprehensive assessment. For general solid waste, the Company takes the approach of centralized management and recycling. It entrusts a third party for recycling and disposal. For hazardous waste, it formulates the Management System for Hazardous Chemicals to standardize the storage, custody and treatment of hazardous waste, reducing their adverse impact on the environment. Greenhouse Gas Emissions

3 The constructon of wind farms will generate solid waste such as constructon waste. On the one hand, the Company minimizes the amount of Overall emissions (ton of CO2) constructon waste; on the other hand, it actvely recycles constructon waste: Emission scope 2019 2018 2017

Scope 1 6,279.62 8,694.49 7,032.00

Scope 2 112,074.12 64,788.85 44,514.09 Wind turbines must rely Prefabricated warehouse de- Trash bins are placed in the Sedimentation tanks are on heavy cement bases sign is preferred for building construction area and are set up to treat concrete Total 118,353.74 73,483.35 51,546.09 fxed frmly on the ground step-up substation so as to cleared regularly to ensure residues, which will then to maintain smooth oper- reduce construction waste that “the site is cleaned up be used for road mainte- ation. During the founda- generated on site; right after the completion of nance in the constructon ton pouring process, steel constructon”; area. molding plates are used 1 : Goldwind’s WTG components are mainly produced in the OEM mode. Due to the increasing demand of the wind power market in 2019, the Company expanded for recycling and reuse in its wind turbine production capacity and opened more generator production plants, which in turn significantly increased emissions of hazardous waste. The the future, thus avoiding constructon waste; Company strictly stored and disposed of hazardous waste in accordance with the Standard for Pollution Control of Hazardous Waste Storage (GB18597) and the Administrative Measures for the Forms of Hazardous Waste Transfer (No. 5 Order of the Ministry of Ecology and Environment). 2: In 2019, the Company adjusted the statistical criteria of construction waste. As the EPC project was contracted by a third-party independent legal entity, construction waste was not included in the statistics. 3: Refer to GHG Emissions Accounting Method & Reporting Guidance for Machinery & Equipment Manufacturers for calculation of greenhouse gas emissions. Emissions from purchased electricity for operation of overseas offices are not included.

44 45 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd. Corporate Governance Research & Development Products & Services Environment Employees Supply Chain Community & Charity

Density of Waste Generation and Greenhouse Gas Emissions Ecological Environmental Protection Emission density Indicator The Company respects the nature and actvely protects the nature. It strictly abides by relevant internatonal and domestc laws and regulatons, 2019 2018 2017 takes the initatve to take into account the impact of decisions and actvites on the environment, prevents hidden dangers throughout the Hazardous waste generated per WTG manufactured producton process, cherishes resources of land, water, and biodiversity, and enhances ecological restoraton, so as to achieve harmony with the 0.0102 0.0063 0.0039 (ton/set) environment. Construction waste generated per MW of WTG 0.0441 0.3560 0.3434 During the development, constructon and operaton of wind farms, the Company identfes and assesses environmental risks from earlier stages installed (ton/MW) and manages the environmental risks throughout the entre project constructon process. Environmental protecton facilites and wind farms are CO2 emissions per RMB 10k revenue (ton/RMB 10k) 0.0309 0.0256 0.0205 designed, constructed and put into operaton simultaneously to ensure that environmental protecton risks are fully controlled.

The Company enhances environmental monitoring capabil- project personnel, management requirements for on-site ites and completes the installaton and data networking of sewage, solid waste, equipment and facilites, and environ- Establish a project development risk preventon and control system, incorporate environmental impact factors in online monitoring equipment of waste water and gas for re- mental emergency control, thereby preventng the polluton the preliminary investgaton into project risks, including wild animal and plants and their habitats, birds migraton al-tme monitoring and early warning of emissions from key of the marine ecological environment. Water cooling liquid, routes, water source protecton areas, and scenic spots. For risky areas, measures such as relocaton and cancella- polluton sources, thereby ensuring source control and pro- waste oil and other waste generated on site are stored in Project ton are taken; cess control. The Company implemented “Goldwind Phase dedicated storage tanks, and regularly recycled by manufac- development I Sewage Treatment Online Monitoring Equipment Project” turers or disposed by units with recycling qualifcatons, with and “Goldwind Fume Evoluton Facility Renovaton Project”, discharge to seas strictly forbidden. In accordance with ship which were listed in the “Projects Supported by the Beijing garbage management regulations, waste bins for domestic Strictly keep to the designed land boundary during constructon; the land is fenced by colored fags or temporary Green Development Fund 2019”. waste, non-hazardous construction waste, and hazardous earthen fences, to ensure that the civil constructon causes no additonal damage to the ecological environment, constructon waste are set up and labeled respectvely. Solid Project and prevent wild animals from entering the constructon site; In 2019, the Company compiled and issued the Marine Envi- waste should be classifed according to their toxicity before construction ronmental Protecton Management System, and adopted the being thrown into these bins. Ant-spread and ant-leakage target-oriented responsibility system for environmental pro- measures should be taken for bins and piling places for haz- tecton, which clarifed the work responsibilites of ofshore ardous waste. Build intercepton and drainage ditches with stones and soil to prevent water fow from over-washing mountains, and properly use water fow to irrigate plants; purchase and sow tree seeds or rapeseed to cultvate green land Project and restore vegetaton. Case operation Green coating for wind power equipment to promote the development of a green economy With years of experience in wind farm development, constructon, Promoton of Safety, Quality and Environmental Protecton of Wind In 2019, the Company launched a “smart coatng soluton” with “gas catalyst infrared heatng” technology as the core, using infrared operaton and maintenance, and basing on laws, regulatons, stan- Power Engineering, which summarized the experience in quality heaters of natural gas catalytc combuston for the drying and curing of the surface coatng of turbine stators and rotors, without the dards and technical requirements regarding environmental protec- process, environmental protection, soil, and water conservation, need of air as the heat transfer medium. Therefore, all energy is concentrated and directly transferred to the coatng flm, reducing the ton and wind power quality techniques, the Company protects the and formed a series of standardizaton manuals for wind power en- curing tme to only 1/3 of the hot air cycle tme, and saving the energy consumpton by 50% or more. More importantly, this technol- ecological environment of project sites during constructon of wind gineering, winning the “Second Prize of the Science and Technology ogy can accelerate the oxidaton of hazardous gases such as VOCs in the coatng curing furnace, process 90% of VOCs in the furnace, farms and gradually forms a standardized management approach. In Progress Award in Power Constructon 2019”. and reduce VOC emissions by 40% compared with the traditonal technology. This provides an alternatve soluton for wind power 2019, the Company released the Standardizaton Management and equipment manufacturers in the face of increasingly strict standards for volatle organic compounds emissions from industrial coatngs in China.

Ambient Noise Control

Diferent levels of noises will be generated during the processes of WTG producton, transportaton, installaton and operaton. The Company strictly abides by the Law on the Preventon and Control of Ambient Noise Polluton, the Emission Standard for Industrial Enterprises Noise at Boundary, and the Emission Standard of Environment Noise for Boundary of Constructon Site, and other laws and regulatons to mitgate noise polluton. It combines sound absorpton and insulaton techniques such as installing sonic panels in workshops, enclosing the plant to constrain noise polluton within the building during operaton. As for transpor- taton and installaton, the Company chooses to operate in less populated areas and avoid nightme constructon.

The Company adopts advanced wind turbine control strategies and optmizaton schemes of wind farm noise reducton to con- trol noises. The nacelle cover features strong sound insulaton and absorpton, which can absorb and insulate generator noises. In additon, direct-drive permanent magnet technology is applied in the wind turbines, which can efectvely avoid gear drive noises. The Company also reduces noises generated from the operaton of wind turbines by installing sawtooth trailing edges on the blades; assessment of wind farm noises and research on countermeasures are carried out; a wind farm noise emission mod- el is developed so as to accurately calculate the noise level of sensitve points based on site factors, and automatcally adjust and control turbine noises at those abnormal points according to the noise limit, thereby reducing noise emission.

46 47 05

Employees

Following a people-first principle, the Company fully protects the legitimate rights and interests of employees, and continuously innovates the employee management mechanism and talent training system, so as to provide employees with career promotion channels and development platforms as well as a safe, healthy, and caring working environment, and facilitate the sustainable development of both employees and the Company.

United Nations Sustainable Development Goals Supported

Goldwind advocates and strives to ensure that female employees have equal opportunities to participate in career recruitment, hiring, training and development, safeguarding their rights. P50-P51

Goldwind adheres to a “people-first” philosophy. Whilst creating employment opportunities for its employees, it provides them with desirable working and living conditions, cares about their basic needs and spares no effort in giving them full benefits and security. P56-P57

48 49 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd. Corporate Governance Research & Development Products & Services Environment Employees Supply Chain Community & Charity

Fair and Standard Employment

The Company strictly abides by China’s Labor Law, Labor Contract Law, ensuring that staff employment is conducted in compliance with laws and other policies and regulatons, as well as the laws and regulatons and regulatons. During the overseas recruitment of local personnel, the of the countries and regions where it operates overseas, and relevant Company actvely seeks to understand the labor laws and regulatons of internatonal conventons approved by the Chinese government. It imple- various countries as well as internatonal practces, specially formulatng ments an equal employment policy, treatng employees of diferent rac- the operatng mechanisms such as the Equal Employment System and es, skin colors, natonalites, genders, ages, religious beliefs and cultural Local Recruitment Process Guidance to improve the compliance of talent backgrounds fairly and properly, and strictly prohibitng and discouraging recruitment and management. In 2019, the Company did not employ any form of child or forced labor. The Company has formulated the Re- child or forced labor. cruitment Management System to standardize the recruitment process,

Number of employees by type of Number of employees by gender (person) Number of employees by age (person) employment (person) Aged 50 or above 289 Part-time Female Aged 39-49 Aged 29 or below 187 1,756 1,070 2,601 In accordance with the relevant laws and regulations of China and the countries/regions in which it operates, and adhering to the principle of equal compensation for male and female employees, the Company obtains industry compensation information each year through competition analysis, public government data analysis, third-party compensation reports, and internal research, as well as establishes a salary system that balances external competitiveness and internal fairness to attract and retain talents. The Company strictly implements national and local social security systems, pays the wages of employees on a timely manner, and pays five social insurances and one housing fund in full, protecting legitimate rights and interests of employees.

As a globalized company, Goldwind pays attention to diversification of employee’s com- position, recruits employees with different nationalities, races and cultural backgrounds with an open attitude, actively creates an open, comprehensive and diversified working environment and Full-time Male Aged 30-39 enhances the Company's creativity and innovation spirit. 8,961 7,205 5,001 Asia (except Middle East, Area America Australia Europe South America Africa China) North African Localized 100% 100% 73% 66% 78% 63% 56% employment rate Number of employees by region (person) Number of employees Number of employees North America 87 by expertise (person) by educational level (person) South America 104 Europe 389 Production staff Administrative staff College or below 1,372 Postgraduate or above Training and Development Other Asian 34 Oceania 250 1,893 2,905 1,741 countries The Company establishes a comprehensive and mult-level talent training system to meet employees’ needs to enhance their expertse and basic voca- Africa 35 Sales staff tonal skills, and encourages them to choose the appropriate career development path according to their own conditons, so as to achieve their values 952 while promotng corporate development.

Employee Training

Customer In order to provide systematc training courses and exchange platorm for The Company follows the principle of “positon-related, input-output, di- service staff employees, the Company founded Goldwind University in 2011, with the vision-based management, and collaboratve sharing”, and establishes a Undergraduate China 8,062 Technical staff goal of “cultvatng outstanding new energy value creators”. The Company three-ter training management system comprising Goldwind University, 1,918 2,826 4,315 makes full use of internal and external knowledge resources of the Com- Human Resources Departments, and various departments. It takes fully pany, and actvely develops and introduces training courses suitable for into account the strategic planning and personalized growth needs of the Company’s current and future development, so as to establish itself employees, and creates diverse learning opportunites and platorms for as a learning insttute, enhance staf capabilites, and cultvate talents for employees based on diferent training goals and requirements. In accor- the development of the Company and the entre wind power industry. In dance with the current status of talent training, the Company established 2019, Goldwind University was listed in “Top 50 Chinese Corporate Uni- “six-level talent training system” in 2019, and conducted diferent types versites in 2019”. of training according to the talent development system and learning maps of employees at all levels, cultvatng reserve talent at all levels for corporate development.

50 51 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd. CorporateGovernance Research & Development Products & Services Environment Employees Supply Chain Community & Charity

Health and Safety In 2019, the Company compiled and released Curriculum and Curriculum Development Management Measures, making full use of inter- nal and external knowledge resources to develop and introduce training courses suitable for the Company’s current and future develop- The health and safety of employees is crucial to the happiness of their families and the sustainable development of the Company. The Company abides ment, while meetng the learning needs of employees. Additonally, the Training Evaluaton Management Measures was also launched by the natonal and other relevant laws and regulatons, establishes and improves the producton safety management system, and consolidates various to review the role and efectveness of training programs, and improve training quality according to evaluaton results, so as to beter safety management, while contnuously optmizing working conditons for protectng employees’ occupatonal health and safety. The Company did not help employees improve their capabilites to apply knowledge and skills. The Company has developed and revised a total of 269 courses record any occupaton-related casualtes, serious injuries or occupaton-related poisoning accidents throughout the year, and a total of 106 working days throughout the year, enriching corporate learning resources. loss were caused by occupatonal injuries.

Talent Key Aspects Training Methods Implementing Projects Pyramid Strategic thinking, transformation- Training, job rotation, further Coaching, dispatch for further Producton Safety Level 1 driven, team motivation education education Level 2 G+ Oscar talent development Inter-departmental collaboration, Training, coaching, workshop program, new manager training, The Company implements producton safety measures in all aspects of its producton and operaton, actvely promotes the building of a long-term mech- team building, personal leadership Level 3 performance interview, online applied leadership, applied anism for producton safety, and comprehensively improves producton safety management. development, and commitment learning, further education management knowledge, “A enhancement Level 4 Hundred Talent Project”, etc. Safety Management Strategy High-altitude operation, new Level 5 Performance-oriented, Training, coaching, job rotation, employee training, digitalization The Company contnues to optmize its safety management system; based on safety capability building, safety technology enhancement, safety culture organizational integration, online learning personnel training, business shaping, safety informatzaton, and high risk governance of occupatonal health and safety, the company promotes the close integraton of safety system Level 6 professional skills, professionalism empowerment training, etc. building and business development, so as to build an intrinsically safe enterprise. In 2019, the Company introduced the Internatonal Safety Ratng System (ISRSTM) to comprehensively carry out producton safety standardizaton certfcaton and ratng, quantfy the HSE management classifcaton and ratng In 2019, the Company provided more training resources to entry-level employees, ofering more training opportunites and creatng standards, improve assessment tools, and optmize the performance measurement of health and safety management, thereby achieving the scientfc beter training conditons for those employees. As the training focused on team management and collaboraton, internal teams together evaluaton and diagnosis of HSE management. Goldwind won the “Outstanding Contributon Award” given by the Global Wind Organizaton in 2019, due with their managers atended the training, so as to enhance their team collaboraton and business arrangement capabilites. to its outstanding performance in promotng the producton safety and relevant training in Chinese wind power industry.

Indicators 2019 2018 2017 Safety Culture Shaping Proportion of employees 64.61 63.01 56.60 receiving training (%) The Company actvely facilitates the transiton of its HSE management from system management to cultural management, enabling employees to ac- Employee training hours (hour) 32.07 31.87 26.59 tvely partcipate in safety maters, and forming safety policies and guidelines that all employees adhere to. In 2019, the Company carried out actvites such as the team collaboraton training “HSE is my choice” and the themed salon “Controlling surrounding safety risks starts from me”, and promoted the building of the safety culture based on “Group HSE Safety Monthly Newsleter”, “Wind Sources”, “HSE Security Informaton Platorm”, and other formats Training Hours per Capita Category 2019 2018 2017 of communicaton. Senior management 15.47 52.95 16.94

Training hours per capita by Middle management 33.56 73.77 51.38 management level (hour) Safety Capability Building Entry-level 32.32 29.16 25.83 employees The Company strengthens the building of employees’ safety capabilites and consolidates the foundaton for producton safety. In 2019, the Company Male 31.39 27.89 26.21 focused on strengthening the safety capability building of superintendents, conductng training, capacity confrmaton, and organizaton performance Training hours per capita by and evaluaton for superintendents of various branches and subsidiaries, in order to enhance their HSE management and performance. Risks concerning gender Female 34.05 43.96 28.24 front-line producton posts were reviewed, and various methods such as practcal operatons, interviews, and simulaton demonstraton verifcaton were adopted to enhance the efectveness of training. In additon, the regular rotaton mechanism, and the reward and punishment mechanism were imple- mented to improve safety awareness and capabilites of front-line employees. Based on the “Five Dimensions and Six Capabilites” behavior capability model set out in the Goldwind Safety Engineer Capabilites Building Standard, the Company has developed HSE engineer job training and certfcaton Employee Development based on the six dimensions of HSE engineer capabilites, so as to improve the safety management capabilites of HSE engineers. In order to enhance the safety awareness and capabilites of front-line employees in wind farms, the Company uses informaton-based tools to upload relevant safety informaton and materials through dynamic data scanning, builds an HSE knowledge base, and alleviates project management pressure, The Company ataches great importance to career development of its employees, striving to provide room for them to achieve their values thus securing a safe working environment. through establishing multple development channels. To facilitate employees’ expected self-development, the Company assists them in formu- latng personal development plans, and creatng career blueprints, integratng employee development with business development, and provid- ing systematc career development channels for employees. Through design, planning, executon, evaluaton, and feedback, the career develop- Main Applicatons of the Informaton Platorm ment goals of each employee can be consistent with the strategic goals of corporate development. Dimension of Personnel Dimension of Material Dimension of Management The Company establishes both vertcal and horizontal career development paths for its employees. Based on career development channels, the vertcal career development path helps enhance employees’ specializaton in profession or management through job qualifcaton assessment, so as to achieve job promoton. Employees can also enrich and expand their professional experience through secondment, job rotaton and transfer and thus achieve horizontal career development. As of the end of 2019, the Company has established a positon system comprising 8 Observaton Safety su- Educaton Investgaton Distributon Informaton Management On-site work Distributon horizontal sequences, 40 horizontal sub-sequences, and 60 vertcal levels. With each positon put into a certain sequence and level to form to- system of be- pervision of management and man- map of hidden management of system of safe- invoicing map of safety gether a positon map, the Company establishes a variety of career development paths for employees. havioral safety outsourced of employee agement danger labor protecton ty emergency system risk operatons safety of hidden appliance danger

52 53 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd. Corporate Governance Research & Development Products & Services Environment Employees Supply Chain Community & Charity

Safety Emergency Management Employee Care In March 2019, China’s State Council released the Regulaton on Emergency Responses to Work Safety Accidents as standards and guidance of related work. The Company also compiled and released the The Company builds an open and transparent internal communicaton mechanism, actvely creates a Comprehensive Contngency Plans for Work Safety Accidents, collaborated with government and social harmonious communicaton atmosphere, and contnuously optmizes and improves the working envi- resources to enhance its safety emergency response capabilites. Throughout the year, more than 800 ronment to enhance employees’ cohesion and sense of belonging. emergency drills including earthquake escape, fire fighting, traffic safety accidents, electric shocks, high-alttude falling, food preventon and emergency rescue were organized at the corporate level, cov- ering a total of over 10,000 people. In 2019, the Company led the compilation and release of the Communication and Exchange national standard GB/T 37898- "Offshore and Overseas" Wind Power Safety Guarantee 2019 "WTGs-Technical Regulation It has always been the goal of Goldwind to provide an open working atmosphere for its employees, al- for Installation Safety", which lowing them to become acquainted with the business and partcipate in it. The Company places a strong regulates the safety of WTGs The Company always considers employee safety as top priority while developing ofshore wind power emphasis on the communicaton between its leaders and employees. It creates diferent conditons and installation from five aspects and expanding overseas wind power markets. Health and safety management plans are compiled for opportunites for communicaton according to diferent subjects and purposes, and establishes a platorm of human, machine, material, overseas projects based on the Company’s overall safety management requirements and the actual for the exchange of employee informaton through various forms of communicaton and sharing actvites. law and environment, thereby situaton of the country or region where the project is located. For frst-tme operaton or challenging op- ensuring the safety of the eraton, full-process control and analysis are carried out to systematcally identfy risks, and informaton installation personnel during management platorms are used for remote management and monitoring of the real-tme producton installation, operation and safety dynamics. To beter adapt to the complex operatng conditons at sea, Goldwind has built China’s Subjects, Formats and Contents of Employee Communicaton maintenance. frst survival training platorm that meets the Global Wind Organizaton (GWO) standards, to simulate the harsh conditons at sea such as rain, fog, waves and lightning, and provide training on emergencies Dimension Subject Format Content such as falling into the water and ship docking, thus laying strong support for securing the safety of per- sonnel working at sea. Middle and Democratic day, management Business management senior manage- conference and strategic planning Occupational Health ment Corporate culture Assembly meetng, onsite visit by The Company compiled and released the Occupatonal Health Management System to regulate the notfcaton, training, declaraton and mon- Issues concerning the Executves and management, WeChat platform, itoring of occupatonal hazards, occupatonal health examinatons, employee monitoring fles, and occupatonal disease preventon and treat- management mailbox, senior development of the ment. The Company regularly identfes and inspects occupatonal hazard factors in the workplace, organizes employee health examinatons, employees management meeting, general Company and that of analyzes the examinaton results, and strives to eliminate and control the impact of occupatonal diseases on employee health. Diferent manager cofee tme, survey the employees them- levels selves In order to protect the occupatonal health of employees, the Company creates occupatonal health monitoring fles for each employee in posi- tons of occupatonal risks, and organizes medical examinatons before, during and afer employees take their positons. The Company regularly OA forum, internal newsletter, Latest company devel- organizes health examinatons, monitors sites involving occupatonal risks, and announces occupatonal health informaton. Technical measures Among monthly employee birthday party, opment such as noise reducton and ventlaton improvement are carried out to address occupatonal hazards such as noise and high temperature. For employees sports gala, home Friday, self-ser- Various internal com- those who need to work long hours in high alttude or at desks on sites, examinatons of lumbar and cervical spine are added, and workplace vice portal pany informaton exercises are promoted to enhance their physical ftness. Foreign Cultural exchange Corporate culture In order to help employees scientfcally manage employees their health, the Company has worked with China Insttute of Sport Science (CISS) to conduct health Regular divisional meeting, busi- Business progress of checks on employees with professional examina- Diferent ness operaton meetng, technolo- the Company and vari- tion equipment for four consecutive years since Among depart- gy seminar, experience exchange, ous departments 2016. The health data of employees are collected departments ments production communication con- Cutting-edge knowl- through modern medical and informatonal tech- ference edge and techniques nologies, and their physical and mental health status is tracked and evaluated. CISS analyzes the OA forum, internal newsletter, Updated company de- research results to provide scientfc exercise and Among various Diferent WeChat platform, inter-regional velopment dietary prescriptons to employees, thus improv- regional compa- video conference, survey, staff ing their ftness. The Company possesses several regions Various internal com- nies zone poster sports venues for football, basketball, badminton, pany informaton tennis, swimming and gymnasium, allowing em- ployees to enjoy their sports hobbies and keep ft. Most wind farms are located in remote areas away from cites, with a small number of project staf. Afer staying in such an almost closed environment for long, those staf are prone to fatgue, irritability, and de- pression. The Company cares about the mental health of employees, and contnues to carry out Employee Assistance Program (EAP) on psychological counseling, providing 24-hour mental health counseling, special event crisis interventon and other support for frontline employees as well as their families. The Company has also formulated the Wind Power Personnel Health Management Manual to provide simple health tps for those working at wind farms, optmize their daily work and living habits, and improve the health of frontline employees.

54 55 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd. Corporate Governance Research & Development Products & Services Environment Employees Supply Chain Community & Charity

Work-Life Balance Employee Welfare

The Company advocates “work efciently and live happily”. Focusing on sports and health, it introduces sports professionals, organizes various The Company highly values employee care, and establishes a comprehensive welfare guarantee system to protect actvites every year, and builds and maintains ftness facilites and venues in the workplace, enabling employees to enjoy sound work-life bal- employees’ legal rights such as social insurances, statutory holidays and paid annual leaves. The Company ataches ance. great importance to employee welfare and provides them with welfare in catering, transportaton, housing and medical care among others. For frontline employees, employees in difculty, and pregnant employees, additonal The Company has 12 sports clubs such as yoga, swimming, table tennis and basketball, and employs retred natonal athletes and professional care is ofered accordingly. coaches to conduct professional coaching. The Company also integrates sports knowledge, physical health check, sports health management, nutritonal diet and psychological relaxaton with professional medical treatment, guiding employees to exercise in a scientfc manner and im- The Company has set up a shared service hall to provide employees with standardized services for handling social proving their physical and mental health. insurances/housing fund, employment-related procedures, talent introduction, contract files and other related afairs. The Company works closely with insttutons including governmental departments, schools and insurance companies to create opportunites for its employees, such as public rental housing, educatonal resources for em- ployees’ children, and customized commercial insurances. To facilitate employees’ daily work and life in the Compa- ny’s Beijing Park, western restaurants, supermarkets, dry cleaning shops, printng shops and package lockers, etc., have opened up. The Company is actvely improving facilites within the smart park, and integrates various basic services into a mobile App, so as to realize self-help services and improve management and service efciency.

Benefits for special employee groups:

Frontline Employees

For on-site employees with certain working age, allow their family to visit windmills; Add specifc health examinaton in annual physical check for frontline employees; Ofer special care packages regularly and pay visits to frontline employees.

Employees in Diculty

Assist employees in difcultes, i.e. disasters, illnesses and other special reasons, through employee donaton, corporate contributon, and prepaid salary among others.

The Company cherishes the eforts of every employee and the support from their families. It organized two Family Open Day events in June and November 2019 respectvely, invitng their family members Nearly 1,030 to visit the Beijing Park to learn more about the working environment and corporate development. Pregnant Employees employee families Meanwhile, a variety of actvites including exhibitons, interactve games and fun photos were carried out, enabling those family members to beter understand the corporate culture. A total of 1,030 em- ployee families and nearly 3,800 people were served throughout the year. were served throughout the year Set up reserved seats for pregnant employees in the canteen; Set up breasteeding rooms; Ofer maternity leave, prenatal check leave, nursing leave and breasteeding leave. Nearly 3,800 people

were served throughout the year

56 57 06

Supply Chain

Goldwind always adheres to ethical practices and business norms for fair operations. We not only protect suppliers' legitimate rights and interests but also support their development. As a leading company in the industry, we stand up to our responsibilities and utilize our advantages to work with our suppliers in building a friendly business environment to promote the sustainable and healthy development of the industry.

United Nations Sustainable Development Goals Supported

Goldwind incorporates sustainability concepts into procurement processes. It prioritizes the procurement of environmentally friendly products and services, encourages responsible suppliers, implements green supply chain projects and guides suppliers to save energy, reduce emissions and use renewable energy, thereby building a sustainable wind power industry chain. P61-P62

58 59 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd. Corporate Governance Research & Development Products & Services Environment Employees Supply Chain Community & Charity

Procurement

We comply with the principles “transparent and compliant” and “fair, ers, in order to maintain professional and honest relatonships with We attach importance to the compliance and sustainability of the ified Suppliers of Wind Turbine Components, which incorporates just, and open” during procurement activities. We set reasonable our suppliers to prevent from commercial bribery and promote the supply chain management. In terms of supplier management, we re- compliance with environmental regulations, safe production, and purchase prices, fulfll our contract obligatons in a tmely manner, healthy development of all businesses. quire suppliers to comply with applicable laws, regulatons and codes occupatonal health management into supplier evaluaton standards. and safeguard the legitmate rights and interests of our suppliers. We of conduct. We also guide suppliers to fulfll social responsibilites, The suppliers will be evaluated as per these standards on a quarterly strongly oppose any form of corrupton and commercial bribery. We have set up the Supply Chain Collaboration (SCC) platform as and manage the environmental and social risks of the supply chain. and annual basis by both self-inspecton and random inspecton by a portal for the communication and collaboration with suppliers, We have formulated the Code of Conduct for Suppliers, requiring Goldwind. For suppliers with serious performance issues, we will We have formulated documents such as the Guidelines for Company which has integrated such functons as online informaton exchange, suppliers to comply with regulations regarding environmental pro- urge them to make correctons accordingly within specifed tme lim- Procurement Management and Evaluaton System for Qualifed Sup- purchase order coordinaton, and digital contract management. All tection, labor rights, health and safety, business ethics, and other it and suspend their qualifcaton for an evaluaton cycle. pliers of the Wind Turbine, which clarifed the responsibilites of vari- procurement processes are recorded and managed online to ensure aspects. In 2019, we released the Administratve Measures for Qual- ous departments including the department of procurement demand, fairness and transparency. Suppliers can access the platform by purchase department, technical department, auditng department, registering accounts, and in the system, they can maintain basic in- and legal department, and specified the procurement process and formaton, confrm orders, and search for payment details and other supplier management requirements to manage compliance issues in informaton, making informaton sharing and business collaboraton procurement actvites. The Sunshine Procurement Pledge is a man- efcient and convenient. datory document when signing procurement contracts with suppli-

X 3 100% 100% purchase based on supplier contract 70 70 70 100% payment to supplier Encourage and supervise main supplier to make pay- ment to secondary supplier 7 7 7

249 237 221

Europe Other Asian Countries 20 20 20

North America China

Distribution of numbers of the Company's major suppliers1 1. The number of qualifed suppliers who provide components, producton and service, tools, devices, packaging and other raw materials and services and pass test consistng over 100 stringent indicators of business, quality, service, and safety, in accordance with Development and Management Measures for Suppliers of Wind Turbine Components.

60 61 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd. Corporate Governance Research & Development Products & Services Environment Employees Supply Chain Community & Charity

Green Supply Chain Win-win Cooperation

In 2017, we took the lead in putting forward the visited some suppliers with huge energy-saving po- “Green Supply Chain” concept and smart energy tentals to conduct feld surveys and propose plans system solutons within the industry, helping suppli- for energy-saving transformaton, smart control, and ers discover their potentals in energy conservaton renewable energy usage, and worked with them to and emission reduction and promoting the green improve environmental performance through energy transformation of upstream companies for better management contract. As of the end of 2019, we competitiveness and sustainable development of have assisted 31 suppliers with the implementaton the entire industrial chain. By building up a com- of energy efciency diagnosis projects, helping them plete supply chain management system in the wind save more than 40 million kWh of electricity. Local power industry, we have built a platform for com- regions have used 32 million kWh of renewable en- prehensive supply chain information management ergy. with seamless connecton and data communicaton, integratng many energy conservaton and environ- We also work to bring the concept of green supply mental protection systems, such as smart energy chain to the downstream companies in the wind efficiency management, wastewater management, power industry. By integratng wind farm intelligent solid waste management, atmospheric monitoring service cloud platforms and remanufacture test management, and green material management. Up platorms, we transform and innovate its key process until now, this platform has gathered energy con- technologies to set up a full-life-cycle green supply sumpton and emission informaton from more than chain management platform involving design, pro- Enhancing ourselves and driving the development of the Based on years of experience in building a fully opti- 70 suppliers in total, 50 of which are companies with curement, and production to logistics, operations, whole industry, we have built up a platorm to work with mized industrial chain, we have formed a cooperative annual consumpton of more than 300 tons of stan- and remanufacture. our suppliers to develop new technologies, exchange in- relatonship with our suppliers in terms of “quality, cost, dard coal. After remote analysis and diagnosis, we dustry trend informaton, share market opportunites and technology, and coordination”. In 2019, in our efforts to risks, and achieve mutual complementarity for joint devel- urge the suppliers to carry out process and technological opment. innovatons, we discovered their potentals for quality and efciency improvements. We also made incentve policies Since 2010, we have been holding annual supplier con- to grant corresponding awards to high-performing suppli- "In additon to green and high-quality products, we also create green and energy-efcient producton ferences with our top management present at each event ers based on implementaton difcultes and applicatons processes. Goldwind hopes to utlize its industrial infuence and integrate the eforts of all partes to to discuss with our suppliers the future development of their innovatons. jointly promote the green transformaton and compettveness enhancement of the whole supply directon of the industry and facilitate beter cooperatve chain and achieve beter development of economy, society, and environment at the same tme. relatonship. In March 2019, the 10th Supplier Conference In addition, we have been trying to work with more was held with the theme “Innovaton for a Beter Future”. suppliers in other fields, and to innovate collaboration ——Wu Gang, Chairman of Goldwind It brought together our suppliers around the globe in the methods and form strategic relationship with various felds of equipment, material, and logistcs. And represen- industry-leading technological companies. In September tatves from the government, the media, and other indus- 2019, Goldwind worked together with eight more supply tries were gathered to discuss the development trend of chain companies to establish a cooling technology innova- the wind power industry. The conference contnued with ton alliance, by which innovatve resources are integrated Through learning from the experience of our green supply chain management, we have formulated internal the traditonal ceremony for rewarding the suppliers with to build a mechanism for in-depth research and develop- regulatons such as Goldwin Green Supplier Evaluaton Code (Trial Version), and worked together with China outstanding performance and contributons. ment of wind turbine cooling system. The alliance aims to General Certfcaton Center to release the industry standards of Green Supply Chain Evaluaton Technical Speci- “develop new technology, improve reliability, and reduce fcatons for Wind Power Equipment Manufacturing Industry. We have compiled and released a total of 25 green In 2019, we contnued to ofer technical and management costs”, and, under the cooperaton framework of “open- procurement standards, green supplier management regulatons, and evaluaton standards. support to our suppliers, and organized various programs ness, innovaton, coordinaton, and win-win”, build a cool- such as product, quality, and project manager training ing technology innovaton platorm. Through joint eforts camps, anti-corrosion and salt mist experiment inter- in researches on major technical problems, the alliance Goldwind was the only wind turbine manufacturer in China that has been awarded: mediate training sessions, quality management audits, intends to develop its own core technologies to support cross-border communicaton, and corporate visits, with an and lead industrial technological innovaton. aim to improve suppliers’ management capabilites. by the Ministry of Indus- One of the frst batch of 15“Pilot Enterprise of Supply Chain Inno- try and Informaton Tech- vaton and Applicaton” nology

We have always regarded our partners in the supply chain as core members of the industrial ecosystem. “Natonal Green Supply Chain Management Enterprise” Through contnuous and efectve communicaton, mutual technical training and support, and joint scientfc and technological breakthroughs, we will create a fully optmized industrial chain and improve supply chain management to achieve win-win cooperaton. by the Ministry of Commerce “Pilot Enterprise of Supply Chain Innovaton and Applicaton” ——Cao Zhigang, President of Goldwind

62 63 07

Community and Charity

The understanding, support, and help that communities have given us play a key role in the development of Goldwind. While providing green, reliable, and stable energy to the society, we adhere to the principles of transparency, openness, win-win cooperation, and mutual benefit. On one hand, we manage and protect local natural and social resources in a sustainable manner; on the other hand, we make full use of our business advantages and resources to improve the lives of residents in surrounding communities, making them benefit from our business operations as much as possible and helping them grow.

United Nations Sustainable Development Goals Supported

Goldwind insists on “wherever there are Goldwind people, there are Goldwind’s social responsibilities”. Whenever the Company builds a wind farm, it will donate teaching materials to local schools and support poor local households. It places emphasis on helping the development of Southern Xinjiang region, adding care and vitality to the area. P67-P68

Goldwind has been carrying out the charitable project “Nurturing Wind for China” for many years. From donating teaching materials to funding poor college students, from education to training rural teachers, it spares no effort in improving the quality and standard of rural education. P68 P73

64 65 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd. Corporate Governance Research & Development Products & Services Environment Employees Supply Chain Community & Charity

Community Relations Poverty Relief

Our corporate social responsibility goes wherever we go. Goldwind always complies with relevant local laws and regula- tons, respects local culture and customs, takes the initatve to communicate with local residents, and maintains a close We support the economic and social development of the communites where our business is located, utlize our accu- relatonship with local communites. We always strive to integrate our own progress into the local economic and social mulated business resources and experiences to partcipate in and support community development, and also share the development, and promote the prosperity and well-being of local communites. In the process of domestc wind power results of corporate development for common sustainable development. development and constructon, the Company has compiled the Environment and Social Risk Assessment and Acton Plan- In order to hold community public welfare actvites in a systematc and standardized manner, with the approval of the ning Management and Measures for Stakeholder Consultaton and Partcipaton Management, identfed the impact on Beijing Municipal Civil Afairs Bureau, Goldwind Public Welfare Foundaton was initated and established in September 3, the community, established consultaton and partcipaton mechanism between the Company and community residents, 2019, aiming to relieve the plight of the under-privileged through contnuous and efectve actons. government agencies and other stakeholder.

In ofce areas: Our corporate social responsibility goes wherever we go. Goldwind always complies with relevant local laws and regulatons, respects local culture and customs, takes the initatve to communicate with local residents, and maintains a close relatonship with local communites. We always strive to integrate our own progress into the local eco- nomic and social development, and promote the prosperity and well-being of local communites.

At the wind farms: through communicaton with local residents, we disclose the latest progress of our wind farm projects, and collect, discuss, and respond to issues that are of great concern to surrounding communites;

At overseas locatons: we set up positons such as community relaton manager as per local situatons to coordinate and conduct community development related actvites.

Case Pave the "Road of Love" to Build Community Relationship

Goldwind installed 25 wind turbines with a total capacity of 49.5 MW at the wind farm in Taohua Mountain, Shishou County, Jingzhou City, Hubei Province. During the constructon, as it came to our knowledge that the local roads were in very bad conditons, we ofered to invest to build a two-lane driveway named “Hongxingqiao Driveway”. It now functons as the main passageway from urban Shishou to Taohua Mountain scenic areas, which not only facilitates tourists but also addresses the problem of trafc jams in the densely pop- ulated region. The Hongxingqiao Driveway has become the local mountain driveway, and was named the “Road of Love” for its secton at the last kilometer, which is now an important scenic spot in Taohua Mountain’s “18 Scenic Spots”. Every March during the local “Peach Blossom Season” festval, the wind turbine platorm at our wind farm will serve as one of the stages for holding various events and actvites, which becomes a new landmark for local tourism. It has atracted many tourists every year for sightseeing, revealing our The first meeting held by the First Council of Goldwind Public Welfare Foundation harmonious relatonship with the local residents.

The employees are encouraged to take part in various public welfare events, as they all have one day of paid annual leave for charitable events. The staf members can apply online for diferent kinds of public welfare programs. Also, our internal Volunteer Service Associaton will regularly organize volunteers in such programs as helping the elderly, making donatons to less privileged students, and plantng trees, etc. A total of 302 Goldwind volunteers served 1,674 hours in 2019.

302 1,674 RMB16.59 million Volunteers number Volunteers served hours Total charity donatons

66 67 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd. Corporate Governance Research & Development Products & Services Environment Employees Supply Chain Community & Charity

We stay commited to our eforts on supportng the development of poverty-stricken areas, and have conducted various poverty alleviaton pro- grams in Xinjiang and poverty-stricken areas surrounding our wind farms. In additon to contnuous increase of our poverty alleviaton input, we Education also strive to fnd new ways and perspectves for our poverty alleviaton eforts.

Donated RMB 200,000 As a leading company focusing on technological innovatons in the wind power industry, Goldwind pays close atenton to rural elementary edu- to the under-the-tree Planted 2 mu of king grass in Xigou County, Dabancheng, as caton and the cultvaton of the next generaton of innovatve talents for the wind power industry. We donated teaching facilites and materials farming project in Sayraklangan Village, part of the eforts to explore new during the implementaton of the “Chinese Linguistcs Training” and “Wind for the Future” charitable rural teacher training program. We also ways of poverty alleviaton supported universites and colleges in holding science and technology contests to promote educaton. Prefecture

Built Homestay Hotels in Xigou Assisted in the sales of 5 tons of red jujubes for County, Dabancheng, to help Makit Cooperatve to Bole villagers develop household help increase farmers' tourism business income Ghulja Urumqi Hami "Wind for the Future" charitable rural teacher training program:

Korla Goldwind has been carrying out the program for 4 consecutve years, during which we would invite rural teachers from re- Aksu Donated RMB 300,000 to mote regions to Beijing for trainings to help them improve teaching qualites and learn about modern educaton concepts Wulda Village, Yizhou Area, and models. As of the end of 2019, the project has reached out to 780 rural teachers of 10 diferent ethnic groups across Hami, for the constructon of 20 provinces, cites, and regions, beneftng more than 41,000 rural students. In order to further expand the coverage and village culture squares beneft more rural teachers, we invited outstanding teachers and educatonal experts from Beijing to visit remote villages in Xinjiang, Hebei, Henan, and other places as part of our “ Send educaton to the countryside” program.

Hotan Prefecture

Provided regular help to 10 low-income families in Yanhe Village of Karakax County, , and Wudalik Village Renovated toilets for 192 families in and Huangdi Town of Yarkant Kuoletuke Village, Yutan County, County, Kashgar Xinjiang, to improve local sanitaton

Community poverty alleviaton actvites in Xinjiang

Case New Water Treatment Technology to Ensure the Supply of Clean Drinking Water for Communities The program is well organized and packed with a variety of courses, including on-site visits and discussion ses- sions on specifc teaching methods. The teaching center focuses on cultural cultvaton, which is of great help China has a relatively high coverage of brackish water. Partial to rural teachers to broaden their horizons and improve their teaching skills. data shows that more than 40 million people are affected by brackish water, and Hotan in Xinjiang is among the most afect- —— He Xuebin, Principal of Xingyi Guangcai Primary School, Anbian Town, ed regions. In 2019, Goldwind cooperated with the University Dingbian County, Yulin, Shaanxi Province of New South Wales to carry out a brackish water treatment project in Minfeng County, Hotan, Xinjiang. Considering poor It was both entertaining and educational. I have learned quite a lot. I will review many times what I have local trafc conditons and the lack of management technicians, learned to grasp them and enrich my professional knowledge! We greatly appreciate Goldwind for its support we developed a water treatment technology based on the of natonal educaton and caring for rural teachers. With your understanding and support, we shall try our best principle of capacitve adsorpton to desalinate brackish water, to do a beter job to serve rural educaton! handle water-soluble radioactve waste, and demineralize wa- —— Ma yanlei, Teacher of Caolou Primary School, Dushan Town, Juye County, Heze, Shandong Province ter. This technology has low operating costs with no clogging problems or chemical additves, and also supports remote con- trol. As it can be directly fueled by solar energy, the system can run without any external power supply and ensure non-stop clean drinking water supply every day. In October 2019, we suc- cessfully completed the installaton and commissioning of the project, which helped address the drinking water issue for local residents.

68 69 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd. Corporate Governance Research & Development Products & Services Environment Employees Supply Chain Community & Charity

Public Health

“Work efciently and live happily” is our idea in advocatng the importance of healthy work and lifestyles. We promoted this concept not only among employees but also to the public, through holding marathon events, grantng access to our internal stadium resources, and sponsoring sports events, to help the public develop healthy lifestyles. Youth Training Center:

Goldwind developed a series of popular science courses for young students as part of the eforts to enlighten and develop their interests in new energy, stmulate their creatvity, and promote the cultvaton of innovatve talents for the new ener- gy industry. In 2019, a total of 2,054 teenagers from 11 schools and 2 communites were invited to various programs such as the “Goldwind Open Day”, non-proft research and study, new energy innovaton educaton classrooms, “Goldwind on Campus” technology week, and “Into the Community”. For the past three consecutve years, Goldwind has been providing support to the Beijing Mara- thon event through grantng green power certf- icates. We set up a Runner’s Club which consists of a number of running enthusiasts inside and outside the company, and also invited marathon coaches to give lectures on running exercises. We used such methods to encourage more peo- ple to participate in healthy running activities for beter physical ftness. In 2019, we launched a charity program named “Run for Tracks”, in which Goldwind would denote plastic tracks for the number of kilometers accomplished by the members of the Runner’s Club during the running campaign, aiming to improve the sports environment for kids. From this program, a brand-new plastic track was built in Nansai Central Primary School in Neiqiu County, Xingtai of Hebei Province.

The "Goldwind Cup" Energy Innovation Challenge:

The “Goldwind Cup” Energy Innovaton Challenge was co-sponsored by Goldwind, China Wind Energy Associaton (CWEA), and Chinese Wind Energy Equipment Association (CWEEA), aiming to develop students’ abilities to “put theories into practces” and fnd the best applicaton of innovatons to the wind power feld. During the event, we invited the partci- patng teams to company headquarters and wind turbine manufacturing bases for feld investgaton and educated them Furthermore, we have been holding on manufacturing and assembly processes of our large-scale wind power equipment. During the visits, we also arranged “Goldwind Footprint” marathon events for senior Goldwind engineers to provide guidance and introductons. In 2019, the second “Goldwind Cup” Energy Innovaton runners in the wind power industry for two Challenge welcomed 85 teams from 7 top universites natonwide, including Tsinghua University and Peking University. years. In 2019, the second “Goldwind Foot- print” Green Energy Half-Marathon event was held in Dafeng District of Yancheng, atractng more than 6,000 partcipants.

70 71 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd. Corporate Governance Research & Development Products & Services Environment Employees Supply Chain Community & Charity

Overseas Communities

We always believe that localized management should be placed at We share our accumulated wind power technologies with local the core of internatonalizaton. We respect the culture and customs communities to make local residents better acquainted with wind of the places where our businesses are, pay close atenton to com- power and strengthen their environmental protection awareness. munication with local government and communities, and strive to We provide support to local sports and cultural programs through be integrated into local communities for harmonious community donations, and actively participate in community activities. In ad- relatonship. During the implementaton of wind farm projects, we diton, we invest in the constructon of facilites such as roads and maintain good and regular communication with local government, leisure space to facilitate the local residents in their daily travel and In Africa, we worked together with non-proft organizatons to provide support in local gardening and hortcultural services, donated communities, NGOs, and other stakeholders, to understand and entertainment. sports facilites to local school football teams, and carried out actvites of environmental protecton in local schools together with sup- respond to the demands and expectatons of all partes as much as pliers. possible.

Bringing Green Wind Turbines and Advanced Wind Power Technologies to Local Communities Case

In August 2019, Goldwind completed the installaton of the frst wind turbine for the Excelsior project in the Western Cape Province of South Africa. The project had a designed capacity of 32.5 MW and installed 13 of 2.5 MW permanent magnet direct drive wind tur- bines. The project is expected to be completed and connected to the grid in early 2020, by which tme it would deliver nearly 120 GWh of green power to the South African power system each year. During project constructon, Goldwind worked together with the South African Renewable Energy Technical Educaton Center (SARETEC) to ofer scholarships to the new-energy technicians in South Africa and help them complete trainings on wind power technologies. At the same tme, Goldwind Africa has provided funds to promote the development of local small-medium enterprises, helping them improve their management capabilites and operatonal efciency.

In Thailand, we donated sports facilites and equipment to local communites to support their club actvites. Goldwind partcipated in volunteer training sessions themed “Defense” organized by local communites, and encouraged the employees to register as communi- In Australia, we paid visits to local schools to pass on wind power knowledge, and provided support to many other local community ty defense volunteers. events.

In the U.S., we sponsored the Panama Community Baseball Team for the natonal competton and organized our employees and their In Chile, we taught the basics of wind power to local elementary school students to inspire their interests in wind power. families in our 5-kilometer hiking event as part of our eforts in support of Lincoln Zoo. In Brazil, we donated containers to the local Red Cross and built small-sized basic clinics in regions where our businesses operated.

72 73 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd.

Prospect

To adapt to the global energy reform and fght against glob- In the future, we will work to integrate the concept of coor- al climate change, Goldwind will always provide contnuous dinated development of economy, environment, and soci- green energy solutions through development and manu- ety into our business operatons on the basis of sustainable facture of wind turbines, wind power related services, and development management, and to try our best to meet wind farm development, to help address the energy and the expectatons and demands of our shareholders, clients, environmental issues and make contributons to the future employees, suppliers, and other stakeholders. We shall of human being. We will stay devoted to the business de- build up a platorm for all stakeholders to grow and make velopment path that is benefcial to both the society and progress together. Through integration of the resources the environment, to converge the positve energy of Gold- from all partes, we are commited to establishing a beter wind tmely and contnuously, and to promote the steady resource platform and development environment to pro- development of smart energy and green development. mote the transformaton and upgrade of the entre value chain and build an industrial ecosystem of co-existence, As the world’s leading manufacturer of wind power equip- co-dependence, and rebirth. ment, we have always been thinking: how can we be sustainable and long-lastng? To accomplish our mission of We will contnue to learn from the philosophies and prac- “innovatng for a brighter tomorrow”, we will establish an tces of sustainable development management, and devel- organic connecton between our own business operatons op a whole set of business models with Goldwind charac- and the development of sustainable society and environ- teristcs through on-going optmizaton and improvement ment to further social progress and sustainable social de- to strive to become an internatonal wind power enterprise velopment. widely respected and recognized both domestically and abroad.

74 75 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd.

Performance Indicators Indicator Unit 2019 2018 2017 2016 General solid wastes –constructon wastes Ton 363.59 2,082.71 2,111.79 -

Economic Performance CO2 Emissions Ton 118,353.74 73,483.35 51,546.09 -

Indicator Unit 2019 2018 2017 2016 Scope 1 Ton 6,279.62 8,694.49 7,032.00 -

Total asset value RMB 100 million 1,030.57 813.64 727.88 644.37 Scope 2 Ton 112,074.12 64,788.85 44,514.09 - Hazardous wastes generated per MW of Revenue RMB 100 million 382.45 287.31 251.29 263.96 Ton/MW 0.0102 0.0063 0.0039 - WTG manufactured Net Income Atributable to Shareholders RMB 100 million 22.10 32.17 30.55 30.03 Constructon wastes generated per MW of Ton/MW 0.0441 0.3560 0.3434 - WTG installed Tax Payments RMB 100 million 11.17 14.62 17.50 21.00 CO2 emissions per RMB 10,000 revenue Ton/RMB 10k 0.0309 0.0256 0.0205 - Total cumulatve installed capacity GW 60.00 50.00 44.15 38.00 Research & Development Staf Structure Indicator Unit 2019 2018 2017 2016 Indicator Unit 2019 2018 2017 2016 Number of R&D personnel Person 2,826 3,132 2,881 2,080 Total number of employees Person 8,961 8,753 8,212 6,922 R&D personnel as proporton of total employees % 31.54 35.78 34.41 28.81 By gender R&D investment RMB 100 million 15.57 15.77 14.73 13.85 Female Person 1,756 1,723 1,593 1,294 R&D investment as a percentage of business revenue % 4.07 5.49 5.86 5.25 Male Person 7,205 7,030 6,780 5,926 Total domestc patent applicatons Item 4,043 3, 542 2,669 1,764 By age Total domestcally invented patent applicatons Item 2,207 1,990 1,421 909 Aged 29 or below Person 2,601 2,807 3,702 3,930 Total domestc patent licenses Item 2,580 1,826 1,335 819 Aged 30-39 Person 5,001 4,913 3,600 2,562 Total domestcally invented patent licenses Item 958 520 363 203 Aged 40-49 Person 1,070 815 849 491 Total overseas patent applicatons Item 527 396 160 68 Aged 50 or above Person 289 218 222 237 Total overseas patent licenses Item 172 77 49 16 By region Domestc standard-setngs partcipated Item 220 178 151 127 China Person 8,062 7,867 7,741 6,769 Internatonal standard-setngs partcipated Item 15 13 7 3 Other Asian countries Person 34 75 30 6

Europe Person 389 395 337 267 Environmental Management North America Person 87 143 111 84

Indicator Unit 2019 2018 2017 2016 South America Person 104 76 15 3

Power consumpton (thermal) 100 million kWh 1.57 1.05 0.65 - Oceania Person 250 169 129 81

Power consumpton (wind/solar) 100 million kWh 2.97 2.60 2.20 - Africa Person 35 28 10 10

Gasoline consumpton kL 802.30 908.05 654.53 - By specializaton

Diesel consumpton kL 1,280.77 1,357.45 1,062.69 - Producton staf Person 1,372 632 864 1,292 3 LPG consumpton 10k m 1.66 1.53 1.14 - Sales staf Person 952 860 524 332 3 Natural gas consumpton 10k m 49.73 50.73 74.88 - Technical staf Person 2,826 3,132 2,881 2,080

Water consumpton 10k ton 45.71 40.43 37.07 - Customer service staf Person 1,918 2,141 2,227 1,986

Water consumpton per capita ton/capita 51.01 46.19 44.28 - Administratve staf Person 1,893 1,988 1,877 1,530 Overall energy consumption per RMB 10k Ton of standard 0.0154 0.0167 0.0153 - By educatonal level revenue coal/RMB 10k Packaging material of wood Ton 3,004.27 2,145.09 1,665.39 - Postgraduate or above Person 1,741 1,797 1,612 1,140

Density of wood packaging usage Ton/pc 0.71 0.75 0.54 - Undergraduate Person 4,315 4,450 3,948 3,278

Hazardous waste Ton 103.21 38.20 23.42 - College or below Person 2,905 2,506 2,813 2,802

76 77 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd.

Staf Turnover Rate By gender

Indicator Unit 2019 2018 2017 2016 Female Hour 34.05 43.96 28.24 -

Staf turnover rate % 15.22 13.20 10.88 11.60 Male Hour 31.39 27.89 26.21 -

By gender Rato of staf having received training % 64.61 63.01 56.60 -

Female % 14.38 12.97 9.76 12.60 By staf level

Male % 15.38 13.27 11.14 11.40 Senior management % 58.69 72.60 72.34 -

By age Middle & lower management % 80.30 89.30 85.63 -

Aged 29 or below % 15.41 17.47 14.07 14.60 Junior staf % 64.15 62.00 54.39 -

Aged 30-39 % 15.01 11.92 9.17 8.45 By gender

Aged 40-49 % 14.04 10.16 9.82 9.30 Female % 58.69 71.72 65.56 -

Aged 50 or above % 21.60 12.10 4.08 2.95 Male % 66.05 61.06 53.44 -

By region China % 15.22 13.00 11.32 11.60 Occupatonal Health & Safety Other Asian countries % 37.74 6.67 6.67 25 Indicator Unit 2019 2018 2017 2016 Europe % 16.00 0 0 12.50 Occupatonal disease Person 0 0 0 0 North America % 20.21 26.73 4.67 17.85 Major safety incidents Person 0 0 0 0 South America % 7.57 7.89 0 0 Casualtes due to work accidents Person 0 0 0 0 Oceania % 17.18 17.75 13.95 6.67 Working day loss due to occupational Day 106 147 189 169 Africa % 28.57 3.57 30 20 injuries Safety training sessions Hour 354,916 232,987 187,577 -

By category

Equal Opportunites and Recruitment Compliance Special operaton staf Hour 48,239 58,452 4,572 - Safety management staf Hour 8,864 8,980 6,977 - Indicator Unit 2019 2018 2017 2016 Frontline operators Hour 273,995 135,268 159,112 - Labor contracts signing rate % 100 100 100 100 New employees Hour 8,373 12,768 11,876 - Social insurance coverage percentage % 100 100 100 100 Persons in charge Hour 15,445 10,400 969 - Female management staf Person (%) 81(19.80) 84(21.37) 65(18.26) -

Employees with disabilites Person (%) 78(0.87) 30(0.34) 21(0.25) Supply Chain Management Ethnic minorites Person (%) 429(4.79) 478(5.46) 473(5.65) - Indicator Unit 2019 2018 2017 2016 Foreign staf Person (%) 899(10.03) 752(8.59) 658(7.86) Number of major suppliers Company 346 334 318 314 Annual paid vacaton per capita Day 9.24 8.63 8.14 - By region

China Company 249 237 221 219 Staf Training Other Asian countries Company 7 7 7 7

Indicator Unit 2019 2018 2017 2016 Europe Company 70 70 70 68

Training hours per capita Hour 32.07 31.87 26.59 - North America Company 20 20 20 20

By staf level

Senior management Hour 15.47 52.95 16.94 - Community Charity

Middle & lower management Hour 33.56 73.77 51.38 - Indicator Unit 2019 2018 2017 2016

Junior staf Hour 32.32 29.16 25.83 - Total charity donatons RMB 10k 1,659 705 830 589

78 79 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd.

Index

The content index of Environmental, Social and Governance Reporting Guide

Disclosures and KPIs Page Disclosures and KPIs Page Scope: Environmental B3: Development and Training

A1:Emissions General Disclosure P51-52

General Disclosure P42-43 The percentage of employees trained by gender and employee category (i.e. senior management, B3.1 P52 middle management). A1.1 The types of emissions and respective emissions data. P44 B3.2 The average training hours completed per employee by gender and employee category. P52 Greenhouse gas emissions in total (in tons) and density (if applicable) (i.e. per unit of production A1.2 P44 volume, per facility). B4: Labor Standards Total hazardous waste produced (in tons) and density (if applicable) (i.e. per unit of production General Disclosure P48-49 A1.3 P44 volume, per facility). B4.1 Description of measures to review employment practices to avoid child and forced labor. P50 Total non-hazardous waste produced (in tons) and density (if applicable) (i.e. per unit of production A1.4 P44 volume, per facility). B4.2 Description of steps taken to eliminate such practices when discovered. P50 A1.5 Description of measures to mitigate emissions and accomplishment. P45 Operating Principles

Description of disposal of hazardous and non-hazardous wastes, and measures and accomplishments B5: Supply Chain Management A1.6 P45 of reducing their output. General Disclosure P60-62 A2:Use of Resources B5.1 Number of suppliers by geographical region. P60-61 General Disclosure P42 Description of practices relatedg to engaging suppliers, number of suppliers where the practices are Direct and indirect energy consumption by type (e.g. electricity, gas or oil) in total (kWh in ’000s) and B5.2 P60 A2.1 P42 being implemented, and metho ds of their implementation and supervision. density (i.e. per unit of production volume, per facility). B6: Product Responsibility A2.2 Water consumption in total and density (i.e. per unit of production volume, per facility). P42 General Disclosure P35 A2.3 Description of energy use efficiency initiatives and accomplishment. P42 B6.1 Percentage of products sold or shipped subject to recalls for safety and health reasons. P35 Description of whether there is any issue in acquiring appropriate water source, and plan and A2.4 P42 accomplishment of improving water usage efficiency. B6.2 Number of products and service related complaints received and how they are dealt with. P34 Total packaging material used for finished products (in tons) and proportion of each manufacturing B6.3 Description of practices related to observing and protecting intellectual property rights. P29 A2.5 P42 unit (if applicable). B6.4 Description of quality assurance process and recall procedures. P35 A3:The Environment and Natural Resources Description of consumer data protection and privacy policies, and methods of their implementation B6.5 P35 General Disclosure P47 and supervision. Description of significant impacts of activities on the environment and natural resources and the B7: Anti-corruption A3.1 P47 actions taken to manage them. General Disclosure P22 Scope: Society Number of closed legal cases regarding corrupt practices brought against the issuer or its employees B7.1 P22 Employment and Labor Principles during the Reporting Period and the outcomes of the litigation. Description of preventive measures and whistle-blowing procedures, and methods of their B1:Employment B7.2 P22 implementation and supervision. General Disclosure P50-51 Community B1.1 Total workforce by gender, employment type, age group and geographical region. P50 B8: Community Investment B1.2 Employee turnover rate by gender, age group and geographical region. P79 General Disclosure P66 B2:Health and Safety Focus areas of contribution (i.e. education, environmental concerns, labor needs, health, culture, B8.1 P69-71 General Disclosure P53-54 sport). B2.1 Number and rate of work-related fatalities. P53 B8.2 Resources contributed (i.e. money or time) to the focus area. P67

B2.2 Lost working days due to work injury. P53 Description of occupational health and safety measures adopted, and methods of their B2.3 P53-54 implementation and supervision.

80 81 2019 Sustainability Report Xinjiang Goldwind Science & Technology Co., Ltd.

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Address: No. 8 Bo Xing 1st Road, Economic & Technological Development Zone, Beijing, China Post code: 100176 Fax: +86-(0)10-67511983 Email: [email protected]

82 Xinjiang Goldwind Science & Technology Co.,Ltd. No. 107 Road, Economic & Technological Development District, Urumqi, Xinjiang Tel: +86-(0)991- 3767402 Fax: +86-(0)991- 3762039 Post code: 830026

Beijing Goldwind Science & Creation Windpower Equipment Co.,Ltd. No. 19 Kang Ding Street, Economic & Technological Development Zone, Beijing (first- phase project) Tel: +86-(0)10-87857500 Fax: +86-(0)10-87857529 No. 8 Bo Xing 1st Road, Economic & Technological Development Zone, Beijing (second-phase project) Tel: +86-(0)10-67511888 Fax: +86-(0)10-67511983 Post code: 100176