Stakeholder

Wei Chuan firmly believes that in order to achieve sustainable development, it is necessary to understand the thoughts of stakeholders and maintain good communication and interaction with them. Identifying material issues through interaction serves as an essential basis for the development of CSR strategies.

We have established a CSR Office responsible for the management of CSR issues and activities to assist the Board of Directors and managers in supervising and understanding the implementation of CSR in all areas of our business for the purpose of transforming CSR in all areas into a more strategic CSR development plan.

Stakeholder Communiation

We have assessed potential groups of stakeholders and, through internal discussions between the CSR teams and departmental managers, identified 10 categories of stakeholders, including investors and financial institutions, government agencies, associations and civil groups, media, consumers, communities, distributors and channels, suppliers, employees and their families, directors, supervisors and key management, and peer food companies. We use questionnaires and statistics to understand the issues with which Wei Chuan stakeholders are concerned, and use these results a basis of reference for information disclosure in the report to communicate effectively with them.

Stakeholder	Issues of concern	Channels, means and frequency of communication
Investors and financial institutions Investor recognition of a company is a key driver in supporting its sustainable management and development. Wei Chuan is committed to providing investors with long-term and high-quality returns. The timely provision of funds by financial institutions will help Wei Chuan grow in a more comprehensive manner.	Economic performance Food safety Product tracing and tracking Customer health and safety	Financial statements Quarterly
		Disclosure of material information Irregular
		Regular publication of revenue Monthly
		Information disclosure and contact for investor relations on the official website Irregular
		Shareholders’ meeting and annual report Annual
		Investor conference Irregular
Government agencies, associations and civil groups We communicate with government agencies, associations and civil groups from time to time, so that we are able to identify the latest domestic laws and regulations as well as issues of concern to our end consumers, and further internalize them into our overall operating strategy.	Customer health and safety Product tracing and tracking Customer rights Service quality	Attending meetings and active visits for communication Irregular
		Invitation for visits and organizing speaking events for communication Irregular
		Official documents Irregular
Suppliers The quality and delivery time of raw materials provided by suppliers are closely related to the products sold by Wei Chuan, and how to integrate them through supply chains is a key issue for Wei Chuan in developing our CSR strategy.	Procurement practices Strategic analysis and risk management Economic performance	Supplier assistance and auditing Irregular
		Supplier training Annual
		Supplier questionnaire survey Irregular
Communities The opinions of local communities deeply influence the development of Wei Chuan’s local strength, and Wei Chuan has continued striving toward the goal of regularly generating shared profits with the communities where our plants or ranches are located.	Local communities Water resource management and wastewater treatment Social charity	Information disclosure on the official website Irregular
		Our main telephone number and contact email Annual
		Volunteer activities Irregular
Employees and their families For Wei Chuan, active and voluntary participation by employees is very important. Wei Chuan hopes to integrate our employees’ personal goals with our missions to create a high-quality work environment together and take care of their families.	Local communities Food safety Customer health and safety Customer rights Product and service labeling Service quality	Internal website and email Quarterly
		Internal announcements Irregular
		Employee Welfare Committee meetings Quarterly
		Union meetings, labor-management committee meetings Irregular
		Meetings between management and employees, emergency aid, care for retirees Annual
		Questionnaire survey on employee satisfaction Irregular
Consumers The issues with which consumers are concerned have a deep effect on our sustainable management. Gaining consumer recognition is not only necessary for Wei Chuan to maximize shareholder value and reward its employees, but also a key determinant for Wei Chuan in adjusting its positioning.	Food safety Product tracing and tracking Customer rights	Official website, Wei Chuan’s Facebook group, and “Wei Chuan TV” website Irregular
		Consumer hotline 0800 Annual
		Product marketing and planning events Irregular
Media Through various media channels, Wei Chuan is able to gain a deeper understanding of public expectations in order to make our products and services more in line with consumer needs.	Customer health and safety Food safety Ethics and integrity, anti-corruption	Official website Irregular
		Press conferences and press releases Annual
		Telephone and SMS Irregular
Distributors and channels In addition to assisting in product selling, distributors and channels also play the role of a bridge between Wei Chuan and consumers. Regular communication with them will help Wei Chuan learn about consumer needs more efficiently.	Customer health and safety Food safety Product tracing and tracking Customer rights Service quality	Official website Irregular
		Customer satisfaction survey Regular visits by sales representatives
		Communication meetings with channels Irregular
		Regular visits by sales representatives Irregular
Directors, supervisors and key management Directors, supervisors and management play an important role in assisting Wei Chuan’s compliance with relevant laws and corporate governance, and good interaction with them helps Wei Chuan effectively enhance our competitiveness and risk control.	Food safety Strategic analysis and risk management Economic performance	Board of Directors meetings At least once each quarter
		Remuneration Committee meetings At least twice each year
		Monthly management meetings Monthly
		Project meetings Irregular
		Annual meetings for review of strategies, profits/losses and budgets Annual
Peer food companies Through interactions with peer companies, Wei Chuan hopes to learn from each other and establish mutually cooperative relationships to enhance the competitiveness of the company and the domestic food industry, and jointly to build a sustainable environment for the food industry.	Economic performance Food safety Customer health and safety	Communication through food industry meetings Irregular
		Official website Irregular

Our Sustainable Commitment, Driving Towards Net Zero by 2050

Preservation of Daan Parks

5,980

Resource Utilization of Food Ingredient Waste

92.4%

Cumulative Carbon Reduction Since 2020

1,040Tons

Recycling 1 ton of paper saves 20 trees and reduces 5.8 tons of carbon emissions.
Note: Based on the benchmark of 6,000 trees in Daan park.