Company Profile_ABOUT JUSHI_China Jushi Co., Ltd.

Company Profile

China Jushi Co., Ltd. (“China Jushi”) is a core enterprise in the fiberglass business division of China National Building Material Company Limited (HK3323; “CNBM”), and specializes in the manufacture and sales of fiberglass and its finished articles as the main business. China Jushi is one of the largest enterprises in the new material industry of China and in 1999, it got listed on the Shanghai Stock Exchange (Stock name: China Jushi, Stock Code: 600176).

Through many years of efforts, China Jushi has become the leading enterprise in the fiberglass industry with sound governance, distinct strategy, good assets, excellent culture, lean management, advanced technology and complete sales network.

China Jushi owns proprietary technologies on design and construction of large E-glass fiber furnaces and environment friendly waste fiber recycling furnaces. The company has developed globally innovative oxy-fuel combustion technology and put it into industrial application which significantly reduces energy consumption per unit of output. We have an advanced fiberglass R&D base including a National Enterprise Technology Center, a Zhejiang provincial key laboratory, and a post-doctoral research station. Our testing center has been certified by both China National Accreditation Board for Laboratories (CNAL) and Germanischer Lloyd (GL).

China Jushi has achieved lean management by following the “Five Targets” (Integration, Patternization, Systematization, Streamlining and Digitization) and the KPI advocated by CNBM. We stick to the overall development strategy and annual operation goals and emphasize on the enhancement of streamlined operation and management processes to strengthen the fundamental management and perfect corporate governance.

With a commitment to “Harmonious Progress, Prudent Governance, Standardized Operation, Lean Management and Innovative Development”, we strive to become an internationally competitive building materials corporation with “prominent main business, sound governance, standardized operation and outstanding operating results”.

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JUSHI'S MISSION

INNOVATE TO DRIVE INTELLIGENT MANUFACTURING AND CONTRIBUTE TO THE DEVELOPMENT OF THE COMPOSITES INDUSTRY
Transform the industry through innovation and upgrade the industry through intelligent manufacturing. Lead the high quality growth of the fiberglass industry and contribute to the sustainable development of the composites industry and the society.
JUSHI'S VISION

MAINTAIN THE LEADERSHIP POSITION IN THE WORLD FIBERGLASS INDUSTRY
Always lead the fiberglass industry and continuously enhance our core competitiveness. Become an industry leader believed in by employees, trusted by shareholders, praised by customers, supported by suppliers, admired by society and respected by competitors. Grow from big to strong to great

JUSHI'S VALUES

Integrity

We conduct business and deal with all stakeholders in an ethical manner.

We act with honesty, integrity and trustworthiness in workplace.

Ethical behavior has become one of our core competitive advantages.

Our continued success depends on following our Code of Conduct.

Innovation

Innovation is the essence of Jushi culture.

Innovation drives our growth which enhances our strength.

We innovate our concept, mechanism, technology and management.

We are always ready to take up challenges and adapt ourselves to changes.

Responsibility

Responsibility is an integral part of our corporate culture.

Jushi shoulders the mission to develop the fiberglass industry.

Jushi is committed to social responsibilities.

We are responsible for our workforce, products, environment and society.

Learning

Learning empowers innovation.

Excellence is our benchmark.

Through learning we upgrade ourselves and enhance corporate value.

Jushi promotes an environment where employees share information, experience, technology and knowledge.

Passion

Passion permeates our corporate culture.

Passion drives the rapid growth of Jushi.

We relentlessly pursue perfection and aggressively seek growth.

We are always full of passion in all our endeavors.

Officials’Visits

2016年1月，中共中央总书记、国家主席席大大在埃及开罗亲切接见中国88858cc永利党委书记、总裁张毓强。

China's President Xi Jinping met with President Zhang Yuqiang of China Jushi in January 2016. President Xi praised Jushi and other Chinese companies for making investments in Egypt by following the Belt & Road Initiative, integrating with local communities for mutual development and creating wealth for the localities and themselves.

中共中央总书记、国家主席席大大，国务院总理李大大，曾于2003年12月视察88858cc永利。

Xi Jinping, then Secretary of Zhejiang Provincial Party committee, and Li Keqiang, then Secretary of Henan Provincial Party committee, visited Jushi in December 2003. President Xi praised Jushi for having proprietary intellectual properties and wishes Jushi to grow strong and big in the fiberglass industry.

2014年7月，时任浙江省委副书记、省长李大大到中国88858cc永利视察。李大大称赞88858cc永利是真正国际化的企业，鼓励88858cc永利加大科技创新，做好强链、补链、延链，积极拓展市场，做大做强。

In July 2014, Li Qiang, then deputy secretary of the CPC Zhejiang Provincial Committee and governor of Zhejiang Province, visited China Jushi. He praised Jushi for being a truly international enterpri

2010年11月，时任浙江省委常委、组织部长蔡奇到中国88858cc永利视察。他对企业立足浙江、走向世界的做法给予肯定和鼓励，希望企业积极开展争当“发展强、党建强”先进企业活动，为企业科学发展注入动力，以党内创先带动企业创先，让企业创先争优形成长效机制。

In November 2010, Cai Qi, then member of the Standing Committee of the CPC Zhejiang Provincial Committee and Minister of Organization, visited China Jushi. He affirmed and encouraged Jushi’s practice

2020年11月，时任中共中央政治局常委、国务院副总理韩正，视察88858cc永利九江公司。韩正赞扬88858cc永利是好项目、好产品、好工厂，希望88858cc永利围绕新技术新材料拓展产业链，提高核心竞争力，实现集约发展。

In November 2020, Han Zheng, then member of the Standing Committee of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, visited Jushi Jiujiang Company. Han Zheng

2010年5月，时任内蒙古自治区党委书记、自治区人大常委会主任胡春华视察88858cc永利总部。胡春华对中国88858cc永利一直以来依靠科技创新带动企业进步，瞄准国际前沿市场研发新产品的发展战略给予了充分肯定。

In May 2010, Hu Chunhua, then secretary of the Party Committee and director of the Standing Committee of the People's Congress of Inner Mongolia Autonomous Region, visited Jushi headquarters. He fully

2010年12月，时任福建省委书记、省人大常委会主任孙春兰（右三）视察88858cc永利九江公司。

Sun Chunlan, then Secretary of Zhejiang Provincial Party committee, visited Jushi Jiujiang in December 2010. Ms. Sun spoke highly of Jushi for the achievements it had made in the fiberglass industry and hoped Jushi would make greater progress in deep processing of fiberglass products.

2007年6月，时任嘉兴市委书记黄坤明视察88858cc永利总部。黄坤明称赞88858cc永利是嘉兴市的企业金名片，不愧为嘉兴骄傲。

In June 2007, Huang Kunming, then secretary of CPC Jiaxing Municipal Committee, visited Jushi headquarters. He praised Jushi as a model company in Jiaxing and being worthy of Jiaxing’s pride.

2021年9月，时任浙江省委书记、省人大常委会主任袁家军，时任浙江省委副书记、省长郑栅洁莅临世界互联网大会乌镇峰会中国88858cc永利新材料产业链未来工厂数字化运用场景，点赞中国88858cc永利未来工厂建设成果。

In September 2021, Yuan Jiajun, then secretary of the CPC Zhejiang Provincial Committee and director of the Standing Committee of the Provincial People's Congress, and Zheng Shanjie, then deputy secre

2022年4月6日，时任江西省委书记、省人大常委会主任易炼红，视察88858cc永利九江智能制造基地，他希望基地早日建成，为培育江西省智能制造“新动能”“新引擎”贡献更大的力量。

On April 6, 2022, Yi Lianhong, then secretary of the CPC Jiangxi Provincial Committee and director of the Standing Committee of the Provincial People's Congress, visited Jushi Jiujiang Intelligent Man

2019年6月，时任国务院国有资产监督管理委员会党委书记郝鹏视察88858cc永利。称赞88858cc永利在88858cc永利行业里做到了专而大、专而精、专而优，是一个成功的典型。希望中国88858cc永利的混合所有制典型经验，能够在国家新一轮混改实践中推而广之，让更多优秀企业学习。

In June 2019, Hao Peng, then Secretary of the Party Committee of the SASAC of the State Council, visited Jushi. He praised Jushi as a successful example for being specialized as well as large, refined

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China JUSHI is committed to becomingbecome the Leader of the World Fiberglass Industry!

Contribute to the Development of the Composites Industry!

Corporate Governance

China Jushi has achieved lean management by following the “Five Targets” (Integration, Patternization, Systematization, Streamlining and Digitization) and the KPI advocated by CNBM. We stick to the overall development strategy and annual operation goals and emphasize on the enhancement of streamlined operation and management processes to strengthen the fundamental management and perfect corporate governance.