DRINDA’s 2025 Sustainability Report Highlights 26% Cell Efficiency, 50.66% Overseas Sales and RMB 110.59 Million R&D Outlay

Bulletin Express04-30

DRINDA (02865) released its third Sustainability Report, covering 1 January–31 December 2025.

Double-Materiality Priorities • Technological innovation, climate action, energy use, product quality and employee development were identified as the five most material issues. • Governance is anchored by a 10-member board with 40 % independent directors and 20 % female representation.

Operational & Financial Metrics • Revenue-generating production bases passed ISO 9001, ISO 14001 and ISO 45001 audits; no major environmental or safety penalties occurred. • R&D expenditure reached RMB 110.59 million, equal to 1.45 % of revenue; valid patent portfolio rose to 367, including 127 invention patents.

Market & Technology Leadership • N-type solar-cell shipments remained global No. 1 among specialised manufacturers; average mass-production conversion efficiency stayed above 26 %. • Pilot TBC cell efficiency increased to 26.6 %, while lab-scale perovskite tandem cells achieved 33.53 %. • Overseas sales ratio jumped from 23.85 % in 2024 to 50.66 %, driven by localisation partnerships in India, Türkiye and Europe.

Environmental Footprint • Location-based greenhouse-gas emissions totalled 4.49 million tCO₂e; Scope 1 accounted for 21,625 tCO₂e and Scope 2 for 705,237 tCO₂e. • Renewable electricity use represented an estimated 28.79 % of total consumption. • Industrial wastewater discharge stood at 9.01 million tonnes, while hazardous-waste disposal compliance reached 100 %.

Human Capital • Workforce totalled 2,712 (24.1 % female); female representation in senior management reached 25 %. • Company organised 3,115 training sessions at an investment of RMB 2.05 million; average training hours per employee were 41. • Zero work-related fatalities; ISO 45001 coverage reached 100 % of operating sites.

Supply-Chain Governance • All 760 active suppliers completed ESG impact assessments and signed integrity clauses; 57.63 % held triple ISO certifications. • Local procurement accounted for 67.37 % of total spending.

Community Engagement • Conducted 23 public-welfare projects, focusing on education, healthcare and rural revitalisation; volunteer participation reached 1,072 person-times.

Outlook DRINDA targets a 40 % reduction in GW-based greenhouse-gas intensity and a 40 % increase in renewable-electricity use by 2030, while advancing mass production of TBC and perovskite tandem technologies.

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