2019 Sustainability Report Innovating for a Brighter Tomorrow About the Report Scope This report discloses the work of social responsibility carried out by Xinjiang 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 Hong Kong Stock Exchange’s Envi- ronmental, Social and Governance Reportng Guide, Shenzhen Stock Exchange’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 Wind Power 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 wind turbine 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 renewable energy 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 China’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 wind power industry. 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