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  7. Stakeholder Identification and Engagement

Stakeholder Identification and Engagement

Identification
In pursuit of sustainable development and corporate social responsibility, NewSmart Technologies identifies its stakeholders based on the degree to which they impact or are impacted by the Company. The primary stakeholder groups include:
employees, customers, investors, suppliers, government agencies, and financial institutions.

Communication
To understand stakeholder concerns and expectations, the Company engages with each stakeholder group through appropriate methods, either on a regular or ad hoc basis, depending on the nature of the issues involved. Through continuous dialogue and engagement, we strive to foster mutual trust and long-term partnerships.

Shareholders / Investors

Communication Practices with Shareholders and Investors

  • The Annual General Meeting (AGM) is held before the end of June each year.

  • An annual report in Chinese is prepared annually for investor reference.

  • Financial and operational information is disclosed in real time via the Market Observation Post System (MOPS) and the Company’s official website.

  • Material information and business presentations are disclosed on a regular basis.

  • A designated spokesperson and deputy spokesperson are assigned to promptly respond to investor inquiries.

  • A dedicated shareholder services email is available to provide investors with a direct communication channel.

Key Areas of Concern

  • Operational Performance

  • Research and Innovation

  • Customer Relations

Employees

Employee Communication Practices

  • Facilitate dialogue through various meetings, such as labor-management meetings, welfare committee sessions, and management meetings.

  • Announce relevant information via the company website and internal employee portal.

  • Provide an employee mailbox and grievance channels for communication and feedback.

  • Organize employee training programs and informational sessions.

  • Conduct satisfaction surveys following training sessions to evaluate effectiveness and employee feedback.

Key Areas of Concern – Employees

  • Compensation and Benefits

  • Labor-Management Communication

  • Occupational Safety and Health

  • Talent Development

Customers

Customer Communication Practices

  • Business meetings / held on an ad hoc basis

  • Customer audits or factory inspections / conducted as needed

  • Customer satisfaction surveys / conducted annually

  • Customer complaint management system / implemented on an ongoing basis

  • Email and phone communication / real-time response

Material Topics

  • Research and Innovation

Suppliers

Key Areas of Concern – Suppliers

  • Research and Innovation

  • Raw Material Management

Material Topics

  • Research and Innovation

Government Agencies

Government Communication Practices

  • Participate in regulatory briefings and explanatory meetings.

  • Comply with audits and reporting requirements from competent authorities.

  • Communicate through official correspondence, email, and telephone as needed.

Key Areas of Concern

  1. Operational Performance

  2. Research and Innovation

  3. Compensation and Benefits

  4. Labor-Management Communication

  5. Occupational Safety and Health

  6. Talent Development

Banks / Financial Institutions

Communication Practices with Banks and Financial Institutions

  • Maintain ongoing relationships through irregular on-site visits and business meetings.

Key Areas of Concern

  1. Operational Performance

  2. Research and Innovation

  3. Customer Relations

  4. Compensation and Benefits