The environmental, social and governance report (the “Report”) describes the performance of environmental, social and governance (“ESG”) aspects of China Wantian Holdings Limited (the “Company”) and its subsidiaries (the “Group” or “we”). The Group conducts a top-down management approach regarding its ESG issues. The board (the “Board”) of directors (the “Directors”) of the Company oversees and sets out ESG strategies for the Group. It is also responsible for ensuring the effectiveness of the Group’s risk management and internal controls, evaluating, prioritising and managing material ESG-related issues, as well as setting up ESG-related targets.

In order to have systematic management of the Group’s ESG issues, the Group has set up an ESG working group (the “ESG Working Group”) composed of executive Directors and representatives from different departments. The ESG Working Group is responsible to collect relevant ESG data and compile the Report. It assists in the assessment and identification of the Group’s ESG risk management, implements the ESG-related strategies and policies of the Group, and reports to the Board on its progress and effectiveness periodically. It also reviews the Group’s ESG performance, including environmental aspects, employment and labour practices and other ESG issues.

In response to stakeholders’ expectations for the Group in materiality assessment, and to further enhance the Group’s performance in ESG aspects, the Group has set environmental targets, including emission reduction, waste management and resource conservation. The Board will review progress towards the relevant targets annually and ensure that the ESG Working Group has sufficient resources to achieve these targets. The Group believes that through the setting of targets and the implementation of relevant measures, the Group will continuously enhance the ESG awareness of employees, promote behavioural changes, and gradually integrate the concept of sustainability into the operation and development of the Group.