（SH：??????）
Empower the Sensing by Technology
Environmental, Social
and Governance Report
Will Semiconductor Co., Ltd. Shanghai
Website: www.omnivision-group.com（ Chinese）； www.ovt.com（ English） Email: Will_ESG@ovt.com Address: No.?? Shangke Road, Pudong New District, Shanghai Postcode: ??????
Robust Governance for Sustainable DevelopmentCorporate GovernanceIntegrity and ComplianceESG Governance and Strategy
????????
??????
????????????
????
????????
Constant Innovation for Reliable Products
Technological InnovationQuality ControlInformation Security
High Synergy for Building a Thriving EcosystemHigh-quality Customer ServiceSustainable Supply Chain
People-oriented for Creating Value TogetherTalent Attraction and ReserveEmployee Development and CultivationEmployee Bene?ts and CareWork Safety and Occupational HealthCommunity Dedication and CharitySocial KPIs
GRI IndexFeedback from Readers
Environmentally Friendly and Practicing Green Operations
Response to Climate ChangeProtecting the Environment TogetherAdvocating Green O?ceEnvironmental KPIs
About This ReportMessage from the ChairmanAbout UsResponse to Sustainable Development Goals
About This ReportWill Semiconductor Co., Ltd. Shanghai (hereinafter referred to as “Will Semiconductor”, “the Company” or “we”) hereby publishesthe Environmental, Social and Governance (“ESG”) Report (“the Report”) for the year ???? to the public. This is the ?th ESGReport issued by the Company to demonstrate the Company’s vision, strategies, practices and achievements on ESG issues.
Reporting Standards
The Report is prepared in accordance with the issuedby Shanghai Stock Exchange, the Global Reporting Initiative (GRI)’s (GRI Standards), and the UnitedNations Sustainable Development Goals (UN SDGs).Reporting ScopeThe Report covers the ESG activities and accomplishments of Will Semiconductor and its main subsidiaries. The scope of the environ-mental disclosure in this Report covers the performance of the Company’s main o?ces, including Shanghai Zhangjiang Park, Shang-hai Songjiang Park, Silicon Valley (speci?cally Santa Clara) in the United States etc. This report mainly covers the period from ?January ???? to ?? December ???? (the “Reporting Period”), and some contents in it may exceed the aforementioned time frame.
Abbreviations
In this Report, “Will Semiconductor Co., Ltd. Shanghai” is referred to as “Will Semiconductor”, “the Company” or “we”. Subsidiaries“OmniVision Semiconductor (Shanghai) Co., Ltd.”, “OmniVision Optoelectronics Technologies (Shanghai) Co., Ltd.” and “OmniVisionTechnologies, Inc.” are referred to as “OmniVision Semiconductor”, “OmniVision Optoelectronics”, and “OMNIVISION USA” respec-tively.Report Availability
The Report is published in Simpli?ed Chinese and English, which can be viewed or downloaded on the o?cial website (www.om-
nivision-group.com).
Contacts
If you have any questions or suggestions about the Report, please feel free to contact us by:
Website: www.omnivision-group.com (Chinese); www.ovt.com (English)
Email: Will_ESG@ovt.com
Address: No.?? Shangke Road, Pudong New District, Shanghai
Postcode: ??????
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
Will Semiconductor recognizes that sound corporate governance structure and e?ective decision-making mechanisms are the keyfactors for its stability and success. We continuously optimize the composition of our board of directors and conduct businessactivities with high standards of integrity. Regarding our workforce, Will Semiconductor is dedicated to creating an equitable,inclusive and diverse workplace with room for growth to attract and retain talent. We strictly prohibit employment discriminationand ensure fair treatment for all employees. During the Reporting Period, the proportion of women in the Company’s manage-ment team has reached ??%. Furthermore, we address the learning needs of employees in di?erent roles, continuously enhancingour training approach and resources. For example, we have established onboarding training and mentorship programs for newgraduates, and leadership training programs for management, supporting the personal growth of employees at Will Semiconduc-tor. The Company also actively ful?lls the corporate citizenship spirit of “Taking from Society and Giving Back to Society” by work-ing with its global employees to care for disadvantaged communities and continuously supporting children’s welfare institutionsand impoverished students, contributing to the inclusive development of society.With continuous technological innovation, we stay at the forefront of technology and constantly develop and expand our patentportfolio. Our product, OV??H, was honored as thefor ???? by AspenCore, achieving a breakthrough inhigh-end imaging. We also focused on integrating green and low-carbon concepts into the research, development, and design ofnew products, constantly developing products with lower energy consumption and those suitable for clean technology ?elds suchas new energy vehicles, thereby facilitating the low-carbon transition of society. At the same time, through strict quality stan-dards, responsible supply chain management, and excellent professional services, we provide customers with high-quality andreliable products, creating greater value for global consumers.Will Semiconductor continues to monitor and manage the environmental impact of its operations. Cooperating globally toaddress climate change, our subsidiary, OMNIVISION USA, has committed to the Science-Based Targets initiative (SBTi) and willset scienti?c carbon targets by ????. Meanwhile, we continue to explore the use and application of clean energy and activelyengage in energy-saving methods. During the Reporting Period, our Songjiang Park has expanded rooftop photovoltaic facilities,generating a cumulative total of ?,???.?? MWh of green electricity throughout the year. For parks in mainland China, we have fullyreplaced shuttle buses with electric buses, providing our employees with diversi?ed green commuting options to reduce green-house gas emissions.Will Semiconductor believes that the continuous practice of sustainable development will help the company maintain resiliencein the face of future opportunities and challenges. Moving forward, continuous technological innovation will be coupled with part-nerships with diverse and exceptional talent, as well as collaboration with leading and highly synergistic suppliers and partners,all aimed at fostering the development of a sustainable and intelligent future.The continuous advancement of chip technology has become a crucial driving force in the digital era. As a globally renowned chipdesign company providing advanced digital imaging solutions, Will Semiconductor has always adhered to the mission statementof “Empower the Sensing by Technology”. The Company has integrated the concept of sustainable development into every aspectof our operations, committed to responsible practices and the ful?llment of our ESG vision, “Fostering a highly creative team anddeveloping highly innovative products”.
Message from the Chairman
Will Semiconductor Co., Ltd. Shanghai
Chairman: Yu Renrong
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
About UsWill Semiconductor Co., Ltd. Shanghai (stock code: “??????”; stock name: Will Semiconductor) is a world-leading Chinese semi-conductor design company. Headquartered in Shanghai, the Company has R&D centers and business networks worldwide. Bycommitting to providing image sensor solutions, analog solutions, and touch and display solutions, Will Semiconductor helps cus-tomers address technical challenges in the applications of mobile phones, automotive electronics, security & surveillance, wear-able devices, Internet of Things (IoT), communications, computing, consumer electronics, industrial, medical, and other technolo-gy spaces. These solutions are able to meet the growing demand for arti?cial intelligence and green energy in the market.We adhere to the service concept of “Greater Synergy Creates More Value for Customers” and focus on developing core competen-cies of “Continuous Innovation”, “High Synergy for Supply Chains and Clients” and “Diversi?ed Talent”. Based on this, the Compa-ny continues to optimize its products and services, promoting the sustainable development of the Company and the industry.
Global PresenceWill Semiconductor has enhanced its global strategic layout and continued to optimize and expand its business development in the global semi-conductor industry. By implementing a comprehensive strategy, the Company leverages integration to achieve the synergistic e?ect betweenvarious business systems, scale the business and achieve market competitiveness while providing better products and services to customers. As aresult, this creates greater value in collaboration with global consumers.To e?ciently provide services and support for customers worldwide, Will Semiconductor established o?ces in China (including Hong Kong andTaiwan), the United States, Korea, Singapore, Japan, India and several European countries. By the end of the Reporting Period, ?? R&D centers areestablished in China, the United States, Japan and Europe.
London
JapanSeoulXi’anWuhanHefei
TianJinChengdu
Shanghai
Shaoxing
Xiamen
JapanSeoulHong KongShenzhen
Taipei & Hsinchu
Singapore
Bangalore
Hong KongXi’an
WuhanHefeiTianJinBeijingBeijingChengduShenzhen
ShanghaiShaoxing
Taipei & Hsinchu
London
DetroilLouisvilleDallasSanta ClaraLrvine
DetroilLouisvilleDallasSanta Clara
Singapore
Bangalore
Sales O?ceR& Center
Xiamen
LrvineEmpowering TechnologyPerceiving In?nity
Continuous InnovationHigh Synergy for Supply Chains and ClientsDiversi?ed Talents
Greater Synergy Creates MoreValue for Customers
Integrity, Ownership,Result-oriented,Innovation, Open
Mission StatementCore Competencies
Service ConceptValues
▲Global Presence▲Will Semiconductor’s Corporate Culture
HelsinkiHelsinkiOsloOsloMunichMunichBelgiumBelgium
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
The Company’s semiconductor design businessoperates on a Fabless model, which is an inte-grated circuit design enterprise without a waferfabrication plant, solely engaged in the researchand development, design, and sales of integrat-ed circuits. The semiconductor product designbusiness mainly consists of three major businesssystems: image sensor solutions, touch anddisplay solutions, and analog IC solutions. Thesales model is primarily direct sales with somesales through agents.
Complementary metal oxide semiconductor (CMOS) image sensor
CameraCubeChip?Liquid crystal on silicon (LCOS) projectorApplication speci?c integrated circuit (ASIC)Touch and display driver integration (TDDI)Display driver integrated circuit (DDIC)TCON Embedded Driver(TED) ICTransient voltage suppresser (TVS)Metal-oxide-semiconductor ?eld-e?ect transistor (MOSFET)
Schottky barrier diode (SBD)Low dropout regulator (LDO)Direct current-Direct current (DC-DC)Light emitting diode (LED)Analog SwitchesController Area Network (CAN) Interface ChipLocal Interconnect Network (LIN) Interface Chip
BusinessProduct
As a technical authorized semiconductor distrib-utor, the Company has a tenured, experiencedteam of ?eld application engineers (FAE). Adapt-ing to the industry layout, Will Semiconductorestablished subsidiaries both domestically andinternationally, which provide a comprehensivesupport network across procurement, sales,technical and logistics functions.
TypeElectronic components
Electronic structuresElectromechanical systems
Integrated circuitsRadio frequency (RF) device
ProductResistors, capacitors, inductors, crystals, etc.Connector, card socket, chassis, cartridges, PCBs, speakers, electret, etc.
Servo, motor, fan, PLC, etc.Chips, sensor, memory, ?ash,diodes, etc.
Filters, etc.
Image sensorsolutions
Touch anddisplaysolutions
Analog ICsolutions
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
??????
????
??????
????
??
Through continuous technological innovation, end-to-end quality management, a collaborative supply chain network and diversi?ed talent, the Company hasestablished trust and credibility globally. During the Reporting Period, the Company received recognition from various stakeholders within and outside theindustry.
Awarded byNumberName of AwardAspenCoreThe ?rd China (Lin-Gang) International Semiconductor Summit in ????
Shanghai Society of Automotive EngineersChina Semiconductor Investment Alliance, JW InsightsGaogong Intelligent Auto Research Institute
CAEV EXPOAspenCoreAspenCoreMerit AwardsMed-Tech Innovations Awards ????China Semiconductor Investment Alliance, JW Insights
?????????????
???? Top ?? Chinese IC Design Companies
The ??th Auto Electronic Innovation AwardsCorporate Social Responsibility Award
Best Sensor of the Year ???? (OX??D)
???? People’s Choice Award ? Autonomous Vehicle
The ?nd Compass Tech Awards for InnovativeAuto Semiconductor Company of the Year ????
???? Gaogong Golden Globe Award - Leading Provider
of Automotive Image Sensors of the Year
Sensory Technology: Sensory TechnologySolution of the Year (OX??D/ TheiaCel?)Med-Tech Innovations Awards ????Finalist (OCH?B & AntLinx? Endoscope Imaging)Automotive-Grade Chip TechnologyBreakthrough of the Year (OX??D??)
???? World Electronics AchievementAwards - Best Sensor of the Year (OV??H)
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
United Nations Sustainable Development Goals (UN SDGs) integrate economic, social, and environmental topics, and are the blueprint to guide the world toward a better and more sustainable future. To deliver contributions to the UN ???? Agenda for Sustainable Development, we identifysustainable development goals relevant to our business and integrate them into our ESG strategy for further action.
Based on its global strategic layout, Will Semiconductor has formulated and continuously optimized its ESG strategy andESG governance structure, improved its corporate governance structure and integrity and compliance-related manage-ment, and integrated the concept of sustainable development into every aspect of the Company’s operations.
Will Semiconductor continues to increase investment in technological innovation and product development and providesreliable products to the market and customers with a continuously improved quality management system. At the sametime, we continue to improve the Company’s information security management and emergency response capabilities, toprotect innovative achievements and trade secrets.
Will Semiconductor continues to build a highly synergistic supply chain and customer base and is committed to providingcustomers with professional technical support and attentive service, as well as establishing a standardized supplier man-agement system to promote the sustainable development of the industry ecosystem.
Adhering to the principle of “people-oriented”, Will Semiconductor is committed to providing employees with an equal andinclusive working environment, emphasizing the development and cultivation of talents, safeguarding the health andsafety of employees, and realizing the long-term common development of employees and the enterprise. At the same time,we insist on taking social responsibility, actively participate in public welfare undertakings, and are committed to building aharmonious and beautiful home.
Will Semiconductor implements the environmental policy of “optimizing resources, reducing pollution and waste, makingcontinuous improvements, protecting the environment, and complying with regulations”, and actively responds to climatechange through the application of clean energy and energy-saving renovations. In addition, we are committed to buildingan environmentally friendly enterprise by improving resource recycling based on compliant emissions.
Business ethics
Product innovation and R&DHigh-quality green productsTrade secret protection
Customer serviceSustainable supply chain
Human rightsTalent attraction and retentionEmployee diversity and inclusionTalent training and developmentEmployee health and safetySocial contribution and involvement
Climate changeEnergy managementWasteWater resource and wastewater discharge
Exhaust emission
Robust Governance forSustainable Development
Constant Innovationfor Reliable Products
High Synergy for Buildinga Thriving Ecosystem
People-oriented for CreatingValue Together
Environmentally Friendly andPracticing Green Operations
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
Robust corporate governance is a prerequisite for sustainabledevelopment. Will Semiconductor has been optimizing corpo-rate governance and promoting business ethics managementand the Company’s ESG strategies. Through the high-level gov-ernance, we aim at promoting the sustainable development ofthe Company’s and the industry’s ecosystems and creatinglong-term bene?ts for stakeholders.
RobustGovernance forSustainableDevelopment
Corporate GovernanceIntegrity and ComplianceESG Governance and Strategy
A standardized and rational governance structure is the cornerstone of an enterprise’s e?cient operation. In strict accordancewith the, the , the , the , and relevant laws and regula-tions released by the China Securities Regulatory Commission, Will Semiconductor has built the corporate governance structureand mechanism. The Shareholders Meeting, the Board of Directors and the Board of Supervisors are the supreme governing body,executive body and supervisory body of the Company. The three bodies and the senior management perform their respectiveduties with mutual collaboration as well as with checks and balances, forming a scienti?c and e?cient business decision-makingmechanism for operation.There are four special committees under the Board of Directors, i.e., the Audit and Related Party Transaction Control Committee,the Strategy and Development Committee, the Nomination Committee and the Remuneration and Appraisal Committee. Thesefour committees give full play to their professional roles in the Company’s operation and management. During the ReportingPeriod, the Company has revised its government systems, such as the, the, the, the and the, in accordance with relevant laws and regulations, including the . These revisions include clearer guidelines for the “independence” of independent directorsto avoid signi?cant con?icts of interest. Additionally, the Company has adjusted the responsibilities of independent directors tofocus their duties and has established a dedicated section for performance assurance. This section provides necessary workingconditions and personnel support to ensure that independent directors can make meaningful contributions to corporate gover-nance.
Will Semiconductor attaches great importance to the diversity and independence of the Board ofDirectors, believing that a Board of Directors with diverse member backgrounds can provide new per-spectives on corporate governance, improving the board’s decision-making and problem-solvingcapabilities. We have developed the Board Diversity Policy, and the Nomination Committee shall takeour business model and speci?c needs into account when selecting director candidates, and propos-ing improvement advice. The Nominating Committee selects director candidates based on a varietyof criteria, including but not limited to gender, age, race, language, culture background, educationalbackground, industry experience and professional skills. During the Reporting Period, we added anew female director to the Board of Directors, bringing more diverse views and perspectives to it.In addition, we believe that in the event of a potential material interest con?ict, independent direc-tors can facilitate the Board of Directors to make decisions that protect the overall interests of theCompany as well as the legitimate rights and interests of small and medium shareholders. Therefore,we have been improving the powers and duties of independent directors. As of the end of the Report-ing Period, we had a total of ? independent directors. The Audit and Related Party Transaction Con-trol Committee and the Remuneration and Appraisal Committee under the Board of Directors werechanged to both composed of independent directors, e?ectively enhancing the independence ofthese professional committees.
Good investor relations lay a foundation for gaining investors’ trust. To make information moretransparent for our investors, we communicate with them in various ways, such as regularly releasingreports, arranging performance presentations, answering investors’ calls, and responding to inves-tors’ inquiries on the e-interactive platform of Shanghai Stock Exchange. Thus, we are able to pro-vide shareholders and investors with true, accurate and complete information to safeguard theirrights and interests.Moreover, after taking the operating and ?nancial conditions and the future development of the busi-ness, during the Reporting Period, the Company used its own funds to repurchase ?,???,??? sharesthrough centralized competitive bidding, safeguarding shareholders’ rights and interests as well asthe value of the Company.
▲Corporate governance structure
?
?
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
Putting integrity and compliance at the core of sustainable development and business operations. The Company strictly followsthe relevant laws and regulations of business locations and have established and publicized policies such as the , the , and the. These documents state detailedrequirements on anti-money laundering, anti-corruption, anti-bribery, interest con?icts, protection of trade secrets, and insidertrading, enabling us to uphold high integrity in our business activities.
Will Semiconductor has established a comprehensive top-down mechanism for regulating business conducts. The internal auditdepartment is responsible for monitoring and ensuring the implementation and enforcement of business conduct and ethicalstandards. At the same time, to ensure that all employees can fully understand and adhere to integrity in daily work, we conductpolicy interpretation training for them. All employees are also required to sign the commitment letter to con?rm that they haveread and understood the , the and other documents. As of the end of theReporting Period, ???% of our employees had signed the commitment letter.
As an international semiconductor design company, Will Semiconductor has established a three-dimensional trade compliancereview mechanism, which “led by the legal department, coordinated by the business department, and assisted by externallawyers”, to ensure that our global operations comply with applicable export control and economic sanctions regulations. TheCompany has established a long-term cooperative relationship and stable communication mechanism with professional tradecompliance lawyers and will continuously seek professional advice from external lawyers on trade compliance-related issues fromtime to time to further improve the Company’s trade compliance work.
In addition, our business ethics requirements are also applicable to our partners such as agents, contractors and consultants.During the Reporting Period, we established the to clearly communicate our ethical requirements to sup-pliers. This ensures that all suppliers follow the same standard in business transactions. During the Reporting Period, there wereno breaches of business ethics at Will Semiconductor.
Will Semiconductor provides annual training for directors and all employees on the annual corporate managementpolicy to foster a work environment of compliance, integrity and self-discipline. During the Reporting Period, the busi-ness ethics training conducted by the Company covered the core system of business ethics and the newly added systemdocuments, including etc.
Will Semiconductor maintains “zero tolerance” attitude to bribery andcorruption. Based on periodic risk assessments of critical areas thatare prone to bribery and corruption, we review and improve relevantpolicies and measures. Every year, the Company’s Audit Departmentassesses and analyzes key points based on the results of corrup-tion/bribery complaints, aiming to minimize such incidents, maintainthe Company’s image and credibility, and ensure operation compli-ance of the Company. In addition, we have established robust docu-ments/records archiving policies, under which we properly recordtransactions and activities. By doing so, we can readily facilitate inter-nal and external audits and investigations.
◆???% participation rate of employees in annual business ethics training courses◆???% completion rate of employees signing anti-bribery and anticorruption related agreements◆Zero violation of business ethics◆???% coverage in business ethics audit
◆???% participation rate of employees in annual business ethics training courses◆???% completion rate of employees signing anti-bribery and anti-corruption-related agreements◆Zero violation of business ethics
CompletedCompletedCompleted
▲???? business ethics training
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
To solidify the protection of the interests of customers, employees, shareholders, partners, suppliers and communities, the Com-pany has made public the whistleblower channel (whistleblower@ovt.com). In this way, stakeholders are encouraged to contactus if they ?nd any violations of business conduct codes or norms by Will Semiconductor’s employees or partners.The internal audit department is responsible for conducting fact investigation upon receipt of any reports of suspected violationsof business ethics. The internal audit department shall, based on the nature and content of the reported incident, designateinvestigators within the Company who have no con?ict of interests with respect to the incident or quali?ed external investigatorsto conduct the investigation. Once the fact is con?rmed, the Company will, depending on the severity of the case, take measuresagainst the violators, such as disciplinary actions, dismissal, and termination of cooperation. In this way, we promote the employ-ees and partners to abide by business ethics in daily operations. In addition, to protect whistleblowers and witnesses from harass-ment, accusation or retaliation or being victimized as a result of reporting, the Company keeps their identities strictly con?den-tial.
Internal controls are critical to ensure legal compliance in business management and to facilitate the implementation of the Com-pany’s strategies. Will Semiconductor, based on clear segregation of duties, carries out internal controls annually in accordancewith the provisions of the and the Company’s internal control manuals.
During the Reporting Period, the Company determined the major units, businesses and matters in the assessment based on therisk-oriented principle, the operating conditions of the enterprises. During the assessment, we focused on high-risk matters likecapital activities, procurement business, marketing business and related party transactions. The Company will continue toenhance our awareness of risk management and promote risk management and internal control, aiming to secure sustainabledevelopment and move towards strategic and operational goals.
Will Semiconductor is committed to responsible business practices that contribute to the sustainable development of itself andsociety. To this end, the Company established a three-tier ESG governance structure consisting of the Board of Directors, ESGCommittee and ESG Working Group. The clearly de?ned responsibilities for each level enable the overall supervision, manage-ment, and implementation of ESG plans and ensure a smooth progression of the Company’s ESG strategy and targets. Further-more, Will Semiconductor developed and published the to guide ourpractices in environmental protection, social responsibility, and corporate governance. This allows us to accomplish our businessgoals while e?ciently managing environmental and social risks for long-term sustainability.
Establish, improve and e?ec-tively implement internalcontrols and assess e?ec-tiveness in accordance withthe corporate internal con-trol system, and truthfullydisclose the internal controlassessment report;
Oversee the Board of Direc-tors in designing and imple-menting internal controls;
Carry out daily operations ofinternal controls.
▲ESG governance structure
▲Segregation of internal control duties
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
Will Semiconductor adheres to the mission statement of “Empower the Sensing by Technology” and the service concept of“Greater Synergy Create More Values for Customers”. We have developed sustainable development framework and strategy that
are supported by core competitiveness of “Continuous Innovation”, “High Synergy for Supply Chains and Clients” and “Diversi-
?ed Talents”. Will Semiconductor have also set clear targets and regularly review their progress to ensure that the ESG strategy is
e?ectively implemented.
As a multinational company, Will Semiconductor continuously examines and manages the environmental, social and economicimpacts of its operations based on a global perspective. Under the guidance of sustainability framework, THE SCI, Will Semicon-ductor has formulated a three-pronged sustainable development strategy, which includes the following: “Green Operation”, “Tal-ent-oriented”, and “Pioneering Innovation”, in order to integrate the concept of sustainable development into all aspects of ouroperations.
Will Semiconductor has a framework for sustainable development - “THE SCI”, where the T, H, E, S, C, I stand for “Talent Attraction
and Retention”, “Health and Safety of Employees”, “Business Ethics”, “Supply Chain Sustainability”, “Customer Service” and“Product Innovation and R&D” respectively, corresponding to the major issues that have been identi?ed one by one. This demon-
strates our commitment to working with our employees, clients, suppliers and partners to achieve sustainable development.
The Board of Directors assumes the full responsibility for the Company’s ESG strategies andreporting, including assessing and determining risks and opportunities related to ESG, ensuringappropriate and e?ective ESG risk management and internal control systems are in place, formu-lating ESG management policies, strategies, and objectives, reviewing the Company’s perfor-mance regularly and approving the disclosed information in the ESG report.The ESG Committee is responsible for evaluating and determining the ESG-related risks and oppor-tunities, and ensuring that an appropriate and e?ective ESG risk management system is in place.Additionally, it should also report ESG-related risks and opportunities to the Board of Directors andensure the e?ectiveness of the system.The ESG Working Group is composed of four groups: Environment Working Group, Product Work-ing Group, Employee Working Group and Governance Working Group. These groups are responsi-ble for implementing ESG management policies approved by the ESG Committee, managing andreporting ESG issues, and reporting on the progress of ESG work to the ESG Committee.
THE SCI
Service concept : Greater Synergy Create More Values for CustomersESG Vision: Building highly creative teams and developing highly innovative productsContinuous InnovationDiversi?ed Talents
High Synergy for SupplyChains and ClientsGreen OperationsTalent OrientationPioneering Innovation
▲Sustainable development strategy
To further consolidate the e?ectiveness of the ESG strategic goals and sustainable development of the Company, during theReporting Period, Will Semiconductor revised the In this document, performance relating to ESG topics such as energy saving and emission reduction, talent attraction and reten-tion, sustainable supply chain, business ethics, product innovation and R&D are included in the performance appraisal of seniormanagement. This e?ectively ensures the implementation of the Company’s ESG strategy and targets.The also speci?es a recovery mechanism. In case ofany misconduct of a senior manager during the term of service, the Remuneration and Appraisal Committee shall decide, basedon the severity of the case, whether to recover remuneration other than the annual basic salary and the speci?c amount to berecovered.
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
▲Sustainable development framework
Will Semiconductor recognizes the signi?cance of good communication with stakeholders. The major stakeholders we have iden-ti?ed include the government, shareholders and investors, employees, customers, suppliers, the environment, and the communi-ty. Through diverse and e?ective communication channels, we strive to fully understand the expectations and needs of the Com-pany’s stakeholders and act to create and sustain long-term value for them.
Will Semiconductor regularly conducts materiality assessments to analyze impacts of ESG topics on our business, where theresults serve as a reference for ESG strategy formulation and optimization, initiative determination, and ESG information disclo-sure. Materiality assessment consists of the following steps:
Law and discipline observationTax payment by-lawsSupport for local development
Daily managementConferencesSupervision and inspectionReturn to shareholdersInformation disclosureInvestor relationsCorporate governanceRisk control
Shareholders MeetingInformation disclosureActivities promoting investor relationsInvestor visits and inquiriesCompensation and welfareOccupational health and safetyCareer development platformFair opportunity for promotion and development
Dual-channel career development systemPerformance appraisal management measuresEmployee activitiesHealthy and safe working environmentInnovative environmental productsQuality of serviceCustomer demandsCustomer rights
Customer satisfaction surveyFollow-up to daily communicationsProduct experience centerIndustry conferences and forumsFul?lment of promisesProcurement in an equal, open, and fair mannerWin-win developmentCorporate social responsibility issues
Supplier managementCompliant procurementContract ful?lmentEnvironmental protectionEcological balance
Reduction of emissions and wastesEnergy conservation and emission reductionImprovement of community environmentSupport for community welfare
Visits to children with disabilities/in needGreen public welfare activities
Government
Shareholders/investors
Employees
Customers
Suppliers
Environment
Community
Based on the characteristics of Will Semiconductor’s industry and business, stakeholders’ concerns and GRI standards, theESG issues related to the three major areas (economy, society and environment) closely related to Will Semiconductor’sbusiness are determined.
The Company conducts a systematic evaluation of ESG issues from the aspects of “importance to Will Semiconductor” and“importance to stakeholders” through internal interviews and discussions, and consults external expert advice, etc., and gen-
erates a materiality assessment matrix based on the research results.
During the Reporting Period, after discussion by the ESG Committee, it was con?rmed that the research results of various
ESG topics were applicable to the current situation of Will Semiconductor, and there were no major adjustments compared
with previous years.
Materiality to Will Semiconductor
High
High
Low
Importance to stakeholders
▲Materiality Assessment Matrix
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
Will Semiconductor always takes innovation as the cornerstone of sustainable development. We focus on technological innova-tion and reforms and continuously improve our R&D mechanism. With the globally leading innovative talents and deep insightsinto the market and technology trends, we deliver diverse technologies and products with better performance to our customersand end users, contributing to the advancement and application of innovative technologies.
We understand that innovativeness is the core competence of semiconductor design companies. The Company strictly abide bythe laws, regulations, and standards about intellectual property rights in the countries and regions where it operates, such as the, the ,the and the . To this end, theCompany has developed the, the , the the, etc. to establish a robust intellectual property management system.We bring together the e?orts of diverse outstanding talents and have been investing more in R&D innovation based on a soundinternal innovation mechanism. This enables us to enhance our product design and technologies to meet the changing marketdemands and maintain a competitive edge in the industry. As of the end of the Reporting Period, the Company had ?,??? employ-ees working in R&D-related areas, accounting for ??.??% of the total workforce. the Company have built a core R&D team whosemembers all hold master’s degrees or above in related disciplines from leading domestic and international universities and haverich working experience in related industries. During the Reporting Period, the Company invested RMB ?.??? billion in semicon-ductor design and R&D. As of the end of the Reporting Period, the Company had ?,??? licensed patents, ??? layout design regis-trations, and ?? software copyright registrations.
To further tap the Company’s innovation potentials and to promote the transformation of scienti?c and technological achieve-ments, during the Reporting Period, we optimized the by o?ering richer rewards in a widerscope. For employees and teams who have made signi?cant intellectual property contributions, we honor them with the “Out-standing Contribution Award”. In this way, they are encouraged to participate in intellectual property protection and innovation,uplifting the Company to a new level of innovation. In addition, to raise employees’ awareness of intellectual property protection,we conduct online and o?ine training and publicity on intellectual property protection.
◆ Continue to invest in R&D and R&D team building◆ Expand the number of patents◆ Continue to develop green products◆ Provide innovative products for the world’s top brands
◆ The Company invested RMB ?.??? billion in semiconductor design and R&D◆ The Company had ?,??? patents in total, with an increase of ??? patents over last year◆ Developed green technology and products with high energy e?ciency◆ Provided better solutions for ?rst-line brands in the ?elds of consumer electronics, security, automotive, medical, AR/VR, and other ?elds
?,???
?,???
?,???
?,???
?,???
?,???
????????????
R&D personnel (person)R&D investment (RMB Million)
?,???
?,???
???
??????,????????
??????,????,????,????,????,????,????,????,????,???????????????
Licensed patentLayout design registrationSoftware copyright registration
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
Through years of independent R&D and technological evolution, the Company haveaccumulated remarkable technical advantages in CMOS image sensor circuitdesign, packaging, digital image processing, and supporting software. As one of the?rst companies that have commercialized BSI (Backside Illumination) technology inthe CMOS image sensor ?eld, we continues to leverage the innovation strength,building brand presence and awareness worldwide.
The application of the Company's core technologies such as Pure Cel?, PureCel?Plus, RGB-Ir can fully meet the needs of the mobile phone market for high pixel,depth of ?eld control, optical zoom, biometrics and other application scenarios,providing high-quality still image acquisition and video performance in theindustry.
The strength in Nyxel? near-infrared, ultralow-light and other technologies under-pin the Company’s competitive advantage in global shutter sensors for automotive,monitors, AR/VR, and other emerging markets. Today, with Nyxel? ? technology, wehave improved quantum e?ciency by ??% in the invisible ??? nm near-infraredspectrum and by ??% in the nearly invisible ??? nm near-infrared spectrum. Withhigher sensitivity, the image sensor product can capture images with higher resolu-tion and at a longer distance under the same illumination conditions.
The globally developed of us, such as CameraCubeChip? technology o?ers an inno-vative combination of wafer-scale optics and CMOS image sensors to provideultra-small sensors for devices in the medical market. The Company’s silicon basedLiquid Crystal Display technology (LCOS) provides a high-resolution, compact,low-power and low-cost micro display solution for micro projection systems, whichcan be widely used in wearable electronic devices, mobile displays, micro projec-tion, automotive and medical machinery. Image sensors equipped with TheiaCel?technology for Advanced Driver Assistance Systems (ADAS) and Automated Driving(AD) exterior cameras provide higher resolution and image quality for improvedvehicle safety.
BSI
Several core technologies,such as CMOS image sensors,
touch and displaydrivers, and power manage-
ment ICs, have reached theinternational leading
level
Nyxel?
Liquid CrystalDisplay technology（LCOS）
Stacking Architecture
LED Flicker Mitigation
Globalshutter
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
With the advantage of innovative technology, our CMOS image sensors are widely used in major markets such as smartphones,tablets, and automotive. In addition, we have complete product lines to serve medical, drones, surveillance, AR/VR and other?elds. During the Reporting Period, we also enriched our product lines. Relying on customer stickiness in the relevant applicationmarkets and the synchronized promotion among products, we had increased the value contributed to end users’ products.
As the concept of sustainable development has become the consensus of the society, the demand for green products is increasingin the market. Taking environmental friendliness as a key consideration in product innovation, the Company has been committedto boosting the development of new energy and other clean technologies by continuously providing energy-e?cient solutions tothe market.
As a new system base chip for automotive body control unit, OKX???? adopts DFN ?.?*?.? packaging and supports up to??V input. The product is applicable to ??V automotive power supply system, featuring high integration, high safety, con-venience, and other advantages.
As the only ultra-compact single-chip solution, this new ???p single-chip LCOS panel is ideal for applications that requirea smaller ?eld of view and lower resolution. It is applicable to stylish and innovatively designed AR glasses.
The OV?OH is built on PureCel? Plus-S stacked-die technology for best-in-class image sensor performance. At the sametime, as the Company’s ?rst sensor product with H/V QPD function, it provides excellent autofocus capability.Awarded as ???? World Electronics Achievement Awards
With industry-leading low-light performance and low power consumption, the size has ??% smaller than other compara-ble external sensors. As the ?rst image sensor to use Will Semiconductor’s new ?.?-micron TheiaCel? technology, theOX??D?? enables HDR image capture from up to ??? meters away, providing automakers with a device that integrates allimportant features, including low light performance, LED ?icker Mitigation (LFM), small size and low power consumption.Awarded as China IC Design Awards Popular IC products ? Best Sensor/MEMS of the Year
As the ?rst ?.?-megapixel image sensor developed speci?cally for laptops with a ??:?? aspect ratio, OV??C?? supportsinterlaced high dynamic range (HDR). It is applicable for mainstream and high-end laptops, tablets, and IoT devices.
As the main component of various automotive electroniccontrol units (ECUs), microcontroller units (MCUs) arewidely used in advanced driver assistance systems (ADASs),body, chassis, and safety/infotainment/powertrain andother systems. In July ????, we unveiled our independentlydeveloped automotive-grade MCUs, the OMX??x serieschips. This series of chips enables customers to achieve thecomplete compatibility of their hardware products withpeer-to-peer technology. This greatly reduces customers’veri?cation and migration costs, promoting the develop-ment and application of new energy vehicles and as well asgreen and sustainable transport.
The OS??D image sensor comes in a ?/?-inch optical formatand its ?.?-micron (?m) BSI pixel enables higher sensitivity,ultra-low noise and better overall image quality. Comparedwith its predecessor, OS??D’s signal-to-noise ratio (SNR?)is increased by more than ??%, sensitivity increased by??%, and its power consumption is ??% lower. The energye?ciency of the product in use has been improved, makingit widely applicable to scenarios such as consumer securityand surveillance cameras.
▲OS??D image sensor
▲OMX??x
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
Will Semiconductor strictly abides by the and other relevant laws and regula-tions of the country or region where it is located. In line with the quality goal of “provision of sophisticated solutions, high-qualityproducts, and e?cient services”, the Company has built a solid defense line for product quality by constantly improving the quali-ty management system, strengthening whole-process quality control and fostering a culture of quality excellence within the orga-nization.
We are committed to providing quality products to customers from various industries and continuously optimizing our internalquality management system. The Company has established the quality management systemin accordance with the ISO???? Qual-ity Management System and the IATF ????? Vehicle Quality Management System and obtained the ISO ???? Quality ManagementSystem Certi?cation. During the Reporting Period, with reference to IATF ?????, we drafted two documents for automobile prod-ucts, namely the and the , tofurther strengthen our compliance with the quality requirements of the automotive industry and enhance the quality and com-petitiveness of our automotive products. In addition, the Company’s subsidiary, OMNIVISION USA, has obtained the ISO ?????Medical Device Quality Management System Certi?cation, demonstrating our expertise and high quality in the medical device?eld.
To improve product quality, the Company sets general quality targets every year and breaks them down to each responsibledepartment. By doing so, the Company’s quality targets are e?ectively conveyed and implemented throughout the organization.At the same time, to identify and correct potential issues in the implementation of the quality system, we regularly conductannual internal quality audits. Based on this, we improve the internal quality system with the PDCA (Plan-Do-Check-Act) cycle andrisk management thinking to ensure consistency and reliability of the products and services.
▲Will Semiconductor’s ISO ???? QualityManagement System certi?cate
▲OMNIVISION USA’s ISO ???? Quality ManagementSystem and ISO ????? Medical Device Quality Manage-
ment System certi?cate
Will Semiconductor keeps optimizing product quality management throughout the entire process. From understanding customerrequirements, designing integrated circuits, wafer fabrication, wafer test to package test, the Company strictly control the qualityat each step. We implement stringent quality management not only for ourselves but also for suppliers, and constantly re?ne themanagement to provide premium products and solutions to customers.
After receiving and fully understanding customer requirements, the R&D personnel carries out IC design as required by the. To make our IC designs meet customer requirements and comply with quality standards, wehave professionals reviewing the outputs at each design stage. In the development, we verify the design through multiple partyreview and thorough communication and discussion with relevant departments, team members and customers. By doing so, weare able to ensure that each design solution meets customer requirements and is feasible, thus facilitating the smooth progress ofthe project.
To ensure that the products we deliver meet customers’ quality requirements, we strictly control the quality in wafer fabricationand package test by means of reliability test, function test, appearance inspection and others. During the Reporting Period, theCompany optimized the sampling rules for reliability tests and adopted scienti?c sampling methods to improve the representa-tiveness of samples and test e?ectiveness.
▲Quality control over wafer fabrication and package test
?
??
▲Production process ?owchart
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
▲All-round quality management and communication
With respect to quality management by suppliers, we have prepared internal policies such as the and the. At the same time, we expressly state the quality requirements and respon-sibilities in the signed with suppliers. In addition, we carry out all-round quality management and communicatewith suppliers through annual audits, on-site inspections and SQE (supplier quality engineer) daily meetings. These measurescontribute to maintaining the stable product quality.
Will Semiconductor has established a hazardous substance process management (HSPM) system that conforms to IECQ QC?????? Hazardous Substance Process Management System. We set annual targets and regularly conducts training for personnel ofrelevant departments on the internal audit of the HSPM system. This enables them to understand the Company’s requirementsand perform internal HSPM audits as required, and to timely identify and correct potential issues. At the same time, to betterunderstand customers’ thoughts on the control of hazardous substances, the Company add hazardous substance managementcontent to its customer satisfaction surveys, to ensure that the customers’ expectations and requirements are met.
For suppliers’ management of hazardous substances, the Company has formulated the and theto set forth requirements for materials provided by suppliers. To make the prod-ucts more reliable and compliant with environmental regulations, we require suppliers to ensure that their products’ chemicalconcentration conforms to the RoHS standard, REACH standard, HF standard, and other relevant regulations. Besides, they arerequired to submit third-party test reports to guarantee the authenticity of the information. During the Reporting Period, weupdated the based on regulatory changes and customer requirements. We have expandedthe scope of hazardous substance control and adjusted the limits for certain substances to ensure the compliance and safety ofour products.To further control hazardous substances, we have fully integrated hazardous substance management requirements into theonboarding, evaluation, and audit of suppliers. In the evaluation, we focus on the suppliers’ compliance with hazardous sub-stance standards, as well as the establishment and management of HSPM systems. Suppliers failing to comply with the Compa-ny’s requirements will be required to take corrective actions until they meet relevant standards to ensure the compliance of theCompany’s products with related standards.
Through on-site annual audits, wereview and verify the suppliers’quality management systems andon-site implementation situation inthe year.
To standardize the handling of unquali?ed products and enhance product quality control, the Company has formulated the. If any products are found to be unquali?ed, the Company will identify and record the detailsof the products and recall them for rework/repair, sorting, returning to the supplier, or scrapping based on the actual conditions.Meanwhile, we will carry out a root cause analysis and take corrective measures for the unquali?ed products to prevent the recur-rence of similar incidents. We also focus on overall product quality trend on an on-going basis through data analysis. This allowsus to identify and prevent potential non-conformities in advance and improve product quality.During the Reporting Period, the Company entered the tracking numbers provided by factories into its internal system to improveproduct traceability. In this way, we are able to accurately track product sources and production processes, increasing the e?cien-cy of identifying issues and causes. During the Reporting Period, the Company had no products recalled.
?
A mechanism of weekly, monthly,and quarterly business reviewmeetings between the Company’sSQEs and suppliers has been estab-lished. On these meetings, SQEscon?rm with suppliers the qualityissues and trends of the productsduring the relevant period andrequire the suppliers to proposesolutions. After the meetings, SQEswill track the implementation ofthe solutions, monitor the improve-ment results and con?rm theclosure of issues.
Through on-site inspections, we areable to get a real-time view of thefactory production situation andcheck the implementation of ourrequirements at the suppliers’ sites.
The Company’s Hazardous Substances Management Targets for ???????? Target Review
Annual hazardous substance defective rate of ?Completed
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
▲Measures for preventing information leakage
?
We believe that quality excellence awareness is essential for creating high-quality products. We attach importance to cultivatingnew employees’ quality management awareness. During the Reporting Period, all new employees had completed the qualitytraining on the Company’s online learning platform within two weeks after joining the Company. For quality management per-sonnel, we also o?er various training courses on ?ve quality management tools, helping them deepen their understanding ofquality management and acquire the relevant practical skills.
We treat information assets as one core asset of the Company. Will Semiconductor strictly abides by the , the ,and the and relevant laws and regulations about informationsecurity in the countries and regions where it operates. We have improved our information security management system byformulating regulations and systems such as the and the. During the Reporting Period, we developed a new system, the , to further clarify theCompany’s information security management framework and enhance information protection.We adhere to the overall policy of “security ?rst, prevention ?rst, equal emphasis on management and technology, comprehen-sive prevention”. Based on the principle of “those who monitor, operate, and use shall be held liable”, we have assigned the infor-mation protection responsibilities to the corresponding departments and individuals at all levels. Meanwhile, the Company hastaken diverse measures to prevent information leakage that may occur in daily work. By continuously improving employees’emergency response capability and information security awareness, we e?ectively safeguard the Company’s information assets.To mitigate potential information security threats in the Company's operations, we have implemented measures such as internaland external network isolation and standardized ?le classi?cation management. These actions have e?ectively severed potentialavenues for information leakage. Additionally, we continuously optimize our information security protection systems to safeguardbusiness continuity and protect commercial secrets and operations.
Isolate the R&D intranet from public networks to prohibit the intranet from communicating with the Internet,preventing unauthorized data transfer and information leakage.Build a data security protection system into the R&D intranet to provide R&D personnel with a virtual terminalfor transferring data between the intranet and public networks. In this way, R&D personnel can securelyaccess intranet resources while ensuring the security and control of data transfer.
At the same time， to motivate employees and unleash their creativity with respect to work e?ciency and product quality, wehave prepared the and established a sound improvement proposal mecha-nism. The Company’s Proposal Committee is responsible for planning annual proposal activities, assessing proposals, and verify-ing assessment results. For excellent improvement proposals, we award the proposers with bonuses and praise and publicizethem on di?erent occasions from time to time. Meanwhile, for employee promotions and year-end appraisals, we take improve-ment proposal rewards as a dimension of evaluation. By doing so, we enhance employees’ initiative and participation inimprovement work, so as to improve the product quality and promote the sustainable development of the Company.
In October ????, the Company launched a mandatory training on the ?ve quality management tools for quality manage-ment personnel, aiming to deepen their knowledge and understanding of quality management. Our “online + o?ine”learning mode provides employees with a more ?exible and comprehensive training experience. To evaluate traininge?ectiveness and strengthen the employees’ understanding and mastery of the ?ve tools, we conduct a course assess-ment, helping them to consolidate the knowledge and skills they had acquired from the training.
To eliminate the wafer bonding (WB) anomalies encountered during the mass production of some projects, we opti-mized the process and the WB system based on employees’ suggestions. The optimization signi?cantly improved pack-age yield and operation stability, and the packaging e?ciency was also improved due to a shorter packaging cycle.Meanwhile,additional process costs were saved after the optimization, enabling us to better meet customers’ needsand enhance the Company’s competitiveness.
Manage company documents based on con?dentiality level. Leverage the Digital Guardian data platform tolimit the transmission scope of con?dential documents, preventing intentional or unintentional data leakageby employees.Develop document approval policies and enable automated document circulation work?ows based on estab-lished policies to ensure that documents are approved and circulated as required.Enable the log traceability function to monitor and trace the circulation and approval progress of documents.
Install ?rewall systems on the Company’s computers and ensure that all ?rewall ?rmware is up-to-date toprovide e?ective defense and protection against attacks.Set up a security log server for centralized collection and management of ?rewall logs, facilitating real-timemonitoring and analysis of network activities and detecting potential security threats.Con?gure the o?ce network and production network with certi?ed computer virus detection and removaltools to ensure timely detection and removal of potential malware and viruses.Adopt the trusted platform module (TPM) chip and BitLocker drive encryption to protect the data on users’computers, preventing unintentional data leakage caused by computer loss or theft or dismounting of harddisks.
Isolated R&DIntranet
StandardizedDocumentManagement
RobustProtectionSystem
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
▲CSIRT’s response drills against cybersecurity incidents
▲CSIRT structure and functions
Meanwhile, our employees and suppliers are held accountable for the protection of information. New employees must enter intothe and commit to comply with relevant regulations under the. Employees are required toregularly change their personal passwords and two-factor authentication is enabled, further enhancing the security of informa-tion access. Before partnering with suppliers, the Company requires them to ful?ll con?dentiality obligations by entering intoinformation con?dentiality agreements. This helps to protect the Company’s trade secrets and sensitive information.
In response to information emergencies that may occur, the Company has built a remote disaster recovery architecture with highavailability for the information system. This ensures the continuity of the system through a remote mirror architecture in case of asingle node failure, avoiding business interruption or network failures due to a blackout. During the Reporting Period, we devel-oped new internal regulations such as the and the .Under the guidance of these documents, we set up the Computer Security Incident Response Team (CSIRT) with clear responsibili-ties and roles, enhancing our response to cybersecurity incidents.
As part of the onboarding process, new employees receive systematic information technology training on their ?rst dayof employment and sign the Company’s information technology security system document and data to ensure that they understand and comply with Will Semiconductor’s information security regulations andraise their awareness of information security. In addition, we provide online information security training videos andrequire new employees to study the training within ?? days to raise employees’ awareness of information security, andencourage them to take appropriate security measures in their work to protect the Company’s data and informationresources.
Upon receipt of an incident report, the CSIRT investigates and identi?es the incident, classi?es it based on the severity, and initi-ates appropriate response procedures. To improve CSIRT members’ incident handling skills, analysis and decision-making capa-bilities, the Company has provided them with special training courses and drills. This ensures that all team members are familiarwith the emergency response plan, their respective duties and response processes. At the end of the drills, a comprehensiveassessment is conducted, and an improvement plan is developed for continuously optimizing the Company’s emergencyresponse.
Guide and coordinate incident response actions.Assign roles and responsibilities to CSIRT members.Liaise with relevant administrative leaders and stakeholders if an incident occurs.Ensure compliance with incident response plans and established procedures.
Investigate and analyze incidents to identify their nature and impact.Take mitigation and remedial measures.Record all actions and ?ndings during the incident response.Collaborate with other teams and external partners as needed.
Legal counsels, public relations representatives, IT engineers, HRrepresentatives and other relevant personnel will join theresponse team as appropriate.
Simulate incident scenarios in a controlled environment, allowing CSIRT members to practice theresponse strategy and identify potential gaps in the response procedures.
Conduct a larger simulation with multiple teams and stakeholders participated to assess coordination,communication, and decision-making of them during a complex incident.Conduct a large-scale drill with multiple departments, external partners and third-party organizationsparticipated to assess the Company’s capability in responding to major cybersecurity incidents.Engage external cybersecurity experts to simulate real cyberattacks and assess CSIRT’s capabilities indetecting, responding to, and recovering from complex threats.
Information security maintenance requires the joint e?ort of all employees. To cultivate employees’ information security aware-ness and enhance their ability to identify potential network threats, the Company regularly hold cybersecurity awareness trainingsessions. We require all new employees to complete security awareness training after onboarding. Employees who need to accessthe Company’s speci?c sensitive information are subject to additional training on relevant security procedures.
Additionally, the Company holds regular information security meetings and organizes annual information security managementassessments, where subsidiaries and individuals outperforming in information security are praised and rewarded. For employeeswho violate the relevant regulations, the Company imposes penalties depending on the severity of the situation.
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
?
A high level service team is essential for good service. The Company has established an FAE team with high performance in tech-nology, execution, and service. The FAE team have a profound understanding of the performance, technical parameters, newproduct features, and other information of the Company’s products. Therefore, they can provide customers with various applica-tion solutions to help customers curtail R&D costs. In addition, we provide various training sessions to the front-end FAE and salesteams to enhance their understanding of products, markets, and industry trends. During the Reporting Period, to enhance theservice capabilities of relevant employees, we conducted a knowledge sharing session on “Reliability Tests of Will Products” andother training on power supply products, TVS discrete devices, etc. In addition, during the Reporting Period, we integrated allsales systems into a single platform and provided sales personnel with operating manuals to improve the e?ciency of pre-salesservices.
▲Customer service process
Become a model company excellent in high-quality customer services by providing professional technical sup-port and thoughtful services and enhancing product quality
Attaching great importance to customer experience, we built a professional service team. We also listened to ourcustomers’ voices through satisfaction surveys so as to continuously optimize our services and increase custom-ers’ satisfaction. During the Reporting Period, we received awards and honors from many customers, which is arecognition and proof of our competitive advantages in the market and industry in?uence.
We are committed to enhancing the whole-process experience of customers. During the Reporting Period, we continued to opti-mize our pre-sales, in-sales and after-sales processes to provide timely, reliable and professional services and support to custom-ers.
Provide quotation, samples, doc-uments, technology, productcerti?cation and other supportsbased on the needs of customers.During the Reporting Period, weoptimized the quotation process,which shortens the customers’waiting time and lead time.
Provide order placing, deliveryand other supports based on theneeds of customers.During the Reporting Period, weoptimized the logistics processfor some overseas customers,achieving a delivery e?ciencysame as that for our domesticcustomers. In addition, ourLocal Delivery service enablesus to send goods directly fromthe Oversea Sales Company(OSC) to domestic customers’factories, saving shipping timefor customers.
Provide overall support for theexceptions of the products deliv-ered or customers’ additionalrequirements, such as testingand packaging.During the Reporting Period, theQuality Department, MarketingDepartment, FAE team, andSales Department collaboratedto optimize and simplify thereturn and exchange processesto provide customers with reas-suring after-sales services.
Will Semiconductor values and timely responds to customer feedback and complaints. To standardize the process of handlingcustomer complaints, we have formulated the and updated it from time to time. After receiv-ing customer feedback, we will investigate the issues promptly and provide customers with analysis reports and solutions withina speci?ed time limit. When an issue is solved, we request the customer to ?ll in the tocon?rm the closure of the issue.To address customers’ issues more quickly and more e?ciently, during the Reporting Period, we optimized the duties of the Cus-tomer Complaint Team and supplemented the team with sta? from the System Application Engineering Department. We havealso re?ned and standardized the handling procedures for various issues like application and packaging issues, aiming to cover allthe possible issue scenarios. By doing so, we have improved the response e?ciency and laid a solid foundation for goodafter-sales experience.Moreover, to track and increase customer satisfaction, Will Semiconductor has formulated the and annually invites customers to provide scores and feedback on dimensions such as product quality, overall service, andtechnical support. This helps us to identify the direction and space for improvements. If the overall satisfaction score of a custom-er is below ??%, the Company will investigate the reason and propose and implement a correction plan. After that, we will follow-up via a feedback questionnaire completed by the customer, ensuring that the customer’s concerns are completely resolved. We summarize the common issues identi?ed in satisfaction surveys and customer complaints and notify the relevant departmentsto take corrective actions or provide feedback. By doing so, we aim to further improve overall customer satisfaction. During the Reporting Period, in response to customers’demand for faster failure mode and Failure mode analysis (FA), we built a new FA lab in Shanghai Songjiang Park. The lab is sta?ed with ? full-time FA engineers, shortening the FA cycle and improving response e?ciency.
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
▲Supplier onboarding process
To enable customers and other stakeholders to understand and experience our products and services, we have built two productexperience centers in Beijing and Shanghai, respectively. During the Reporting Period, we exhibited the latest chip modules basedon technology and product updates, and provided English explanations to facilitate foreign customers and investors. In ????, thetwo centers totally received over ??? customers, personnel from investment institutions, government o?cials, university scholarsand others. Their positive feedback further enhanced the in?uence of our products, technologies, and brands.
As a semiconductor chip designer, the Company relies on outsourcing service providers for wafer fabrication and packaging test-ing. So, the Company attaches great importance to the resilience and sustainability of the supply chain and maintains productquality through continuous optimization of the supply chain management system. In addition, throughout the supply chain man-agement, we comply with ESG management requirements such as hazardous substances management requirements and the con-?ict-free minerals policy. This promotes the suppliers to work with us to build a sustainable supply chain ecosystem.
Will Semiconductor has established a comprehensive supply chain management system covering supplier onboarding, evalua-tion, and improvement. We have formulated and implemented the . Speci?cally, all new suppliers are required to go through an onboarding process and be evaluated and approved by theProduction Management Department, the Quality Department and other departments before they are included on the quali?edsupplier list.
◆Fully implement due diligence and management of con?ict minerals and require ???% of suppliers to abide by the con?ict-free minerals policy◆Require suppliers to comply with the ◆Increase the coverage of supplier environmental and social management system certi?cation or the signing rate of, and improve the level of environmental and social risk management
?. Conduct due diligence and management of con?ict minerals and require ???% of suppliers to abide by the con?ict-free minerals policy?. Continuously assess the environmental and social performance of suppliers and ultimately attain ???% coverage of major suppliers?. Require main suppliers to comply with the
CompletedCompletedCompleted
Collection ofinformationon potentialsuppliers
Qualitysystem survey
Signing ofqualityagreements
Evaluation ofpotentialsuppliers bydepartmentsOn-site audit
Inclusionon thequali?edsupplierlist afterapproval
Will Semiconductor’s ProductExperience Center in Beijing
Will Semiconductor’s ProductExperience Center in Shanghai
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
For quali?ed suppliers, the Company have formulated and implemented the . In addition,we conduct quarterly evaluations for quali?ed suppliers on quality assurance, process and technology, production capacity, leadtime, services, price, environmental protection, etc. Based on the evaluation results, they are accordingly rated into grades A, B, Cand D. Suppliers with di?erent ratings are subject to di?erent treatments, such as incremental procurement, supervised improve-ment, or disquali?cations. In addition, we make and implement annual on-site audit and on-site inspection plans to monitor andmanage suppliers on-site. All records of supply audits and matters are entered into a supply management system and will befollowed up until they are closed.To motivate suppliers to continuously improve quality management, we conduct annual evaluations to identify suppliers whooutperform in quality control and present them with appropriate quality awards. Besides, we share typical cases or cutting-edgetechnologies with all suppliers through letters.
Con?ict minerals are the metallic minerals of tantalum, tungsten, tin and gold (?TG) originating in the Democratic Republic of theCongo and its neighboring countries. Con?ict minerals have always been an important issue to be managed in the process ofbuilding sustainable supply chains, due to the vulnerability of funds ?owing to illegal armed groups in the extraction, smelting,and transportation of ?TGs, which indirectly leads to human rights violations, environmental degradation, and other problems.Will Semiconductor actively ful?lls its corporate social responsibility by resolutely not using con?ict minerals directly or indirectlyfrom the Democratic Republic of the Congo and its neighboring countries. We require all suppliers to refrain from using con?ictminerals in products and conduct due diligence on an on-going basis, focusing on the source of their mineral raw materials. Tofurther standardize the control of con?ict minerals in supplier onboarding and daily management, we have developed the and the .
If any smelter is identi?ed as not on RMI’s list, Will Semiconductor will ask the supplier to make an explanation and take correc-tive actions to stop purchasing raw materials from the non-compliant smelter. If necessary, the Company will terminate coopera-tion with the supplier to ensure that all of our materials originated from the smelters or countries certi?ed by the RMI.During the Reporting Period, Will Semiconductor had a total of ?? ?TG suppliers. According to the investigation, ???% of the ?TGmineral raw materials used by the Company were from RMI-certi?ed smelters.
New suppliers are required to sign the that includes acommitment of not using con?ict minerals and ?ll in the toproactively declare the origination of minerals.We conduct investigation based on the Con?ict Mineral Reporting Template (CMRT) releasedby the Responsible Minerals Initiative (RMI) to identify the smelters in the supply chain.
?
To e?ectively supervise and manage ESG risks in the supply chain, the Company has incorporated ESG-related requirements inthe whole-process management of the supply chain. During supplier onboarding, new suppliers are required to sign the and the , committing to ful?ll their environmentalprotection responsibilities. For quali?ed suppliers, regular evaluations and on-site audits allow us to continually monitor theirperformance in environmental protection and ful?llment of social responsibilities. In this way, we can help them to makeimprovements. Our audits cover dimensions such as the social responsibility management system, compliance with labor code,occupational health and safety, and environment management and business ethics. In addition, the Company has set the maxi-mum “number of times of non-compliance” with environmental regulations. That is, suppliers with one identi?ed environmentalexception will be classi?ed as “Unquali?ed”.For unquali?ed suppliers, we will list the non-conformities and recommendations, and monitor their improvement to achieveconformity. During the Reporting Period, we conducted monitoring and auditing for four main suppliers on hazardous substancesmanagement and social responsibilities, where we raised over ?? non-conformities and recommendations, and supervised theirimprovements, helping suppliers improve the sustainability of their own development.
Will Semiconductor places a high priority on supply chain sustainability. During the Reporting Period, we developed and issuedthe , which provides clear guidance and requirements for suppliers in labor and human rights, health andsafety, environment, ethics and compliance. Also, our main suppliers signed our to enhance the sustainability of the supply chain. Moreover, Will Semiconductor closely monitors suppliers’performance and relevant managementcerti?cations in quality, environment and society. During the Reporting Period, the proportion of the Com-pany’s suppliers who passed various management system certi?cations was as follows:
Management SystemProportion in ????DimensionQualityEnvironmentSociety
New supplier onboarding
Annual supplier due diligence
ISO ???? Quality Management System
IATF ????? Vehicle Quality Management System
ISO ????? Environmental Management System
QC ?????? Hazardous Substance Process Management System
ISO ????? Occupational Health and Safety Management System
???%??.??%??.??%??.??%??.??%
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
?? ¤ ??¤?
?
Will Semiconductor recognizes the signi?cance of a diversi?ed, equal, and inclusive (DEI) workplace culture in attracting talentand respects the uniqueness and di?erences of each employee. In the , we explicitly pro-hibit employment discrimination. All employees shall be treated fairly in hiring and promotion, without discrimination against race, skin color, disability, religious belief, gender, political a?liation and other factors. During the Reporting Period, the female employees accounted for ??% of the Company’s management and ??% of the Company’s fresh graduates, higher than the indus-try average. Every year, we ful?ll our social responsibility also by cooperating with the government and external organizations inemploying persons with disabilities.
At Will Semiconductor, we respect and protect the rights and interests of each and every employee. We adhere to the require-ments of international conventions such as the(), the(). Besides, we strictly abide by the laws and regulations related to labor andemployment of the regions where we operate, including but not limited to the , the, the and the Will Semiconductor's U.S. subsidiary, OMNIVISION USA, submits an annual EEO-? report to the Federal Equal Employment Oppor-tunity Commission (EEOC), which discloses employee statistics by job category, gender, race, and ethnicity. By doing so, wecomply with our legal obligations to file workforce demographic data and at the same time , strive to build a diverse talent pool
.Our internal policies, such as the, the , and the, have also set detailed provisions on child labor, forced labor, forced overtime, human rights,freedom of association and collective bargaining. Through these e?orts, we aim to respect and protect the legitimate rights andinterests of our employees. Should there be any violation of human rights and labor standards, the Company will promptly launchinvestigations and take measures to protect the rights and interests of employees in accordance with local labor laws. During theReporting Period, the Company had no incidents of forced labor, child labor or other human rights violations.
In addition, we formulated the and committed to take all reasonable measures to prevent or stop harassment in the workplaces. Offenders will be disciplined, including suspension or dismissal, based on the circumstances and severity of their actions. During the Reporting Period, multiple DEI-related training activities, such as“Positive Interaction with Mutual Respect in the Workplace”and“Valuing Diversity”, were carried out in our domestic and international workplaces, further promotingDEI in the workplaces.
Cultural awareness training does not only help to enhance employees’sense of belonging and recognition, but alsopromotes their collaboration with others and pride in their own culture. In July ????, the Company conducted culturalawareness training for employees from di?erent business units across Japan (Yokohama, Sendai, Kumagaya, andTakasaki). During the train-ing, all participants expressed their views on diversity and inclusion in the workplace.Together, they explored how to work together to achieve goals and create an equal and inclusive workplace.
¤??
▲Cultural awareness training
We further explored internal and external trainingresources and provided training programs foremployees by position level and category. During theReporting Period, ???% of employees completed thetraining.
We conducted regular market surveys to provideemployees with competitive remuneration in theindustry and implemented the equity incentive plan.
We held various activities such as club activities,newcomer welcome activities, and birthday parties
We set up a multi-channel communications mecha-nism to understand the status of each employeeand regularly conducted employee satisfaction anddedi-cation surveys.to enrich employees’ spare-time life.We created a diversi?ed, equal, and inclusive work-place with broad career paths and a sound incentivemechanism for employees.
?. O?er competitive remuneration packages
?. Organize team building to enrich the employee
?. Maintain e?ective communications to fosterand enhance employees’sense of belonging
experience?. Maintain collaboration and creation to attract andretain talent?. Carry out comprehensive training to improveemployees’professional skills and to ensure we arecompliant in all regions globally
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
On October ??, ????, Will Semiconductor held a special informationsession at the Baoshan Campus of Shanghai University, which wasattended by the Company’s heads of technology and personnel fromthe Human Resources Department. At the session, we gave a detailedintroduction to the Company’s background, technical strength andvacant positions, attracting more than one hundred students to thevenue to exchange ideas, thus preparing in advance to expand theCompany’s talent pool.
▲Shanghai University information session
During the Reporting Period, we recruited ?? engineeringinterns from elite universities at our Santa Clara Park. As partof our internship program, we aim to help interns learn, inno-vate and grow in their projects, and answer their questionsabout careers. Under the guidance of our Human ResourcesDepartment and project managers, the interns successfullycompleted their assignments and continuously gained practi-cal experience for their future careers.
We are committed to a fair and comprehensive assessment of each candidate. To this end, we use a combination of interviewteam assessment and systematic evaluation to create a positive interview experience that is fair and equitable. During the Report-ing Period, we introduced a new interview scoring and feedback section where candidates can complete a questionnaire to pro-vide timely feedback on their feelings during the recruitment process. This helps us to self-examine and improve the recruitmentprocess. During the Reporting Period, candidates gave us an average score of ?.?? (out of ?) for their interview experience.
▲Engineering interns from elite universities
▲The Company’s promotional video
Top talent is one of the Company's most valuable resources. We uphold the principle of fairness, equity, and integrity in therecruitment process. We have developed clear recruitment policies along with detailed and accurate job descriptions. We manage toattract a wide range of top talent across all levels and diverse backgrounds to include senior experts and young engineers withjob postings on various channels (online recruitment, internal and external referrals and talent sourcing companies (headhunters).
To further expand the Company’s talent pool and industry in?uence, Will Semiconductor has been actively cooperating withrenowned universities in the search for quality talents. During the Reporting Period, we visited dozens of prestigious universitiessuch as Nanyang Technology University, Katholieke Universiteit Leuven and Shanghai University, and held o?ine informationsessions. Meanwhile, we built an online campus recruitment platform to recruit graduates from all over the world. We also invitedstudents to visit our company and o?ered internships to give young elites with the opportunity to learn more about the industryand to increase our in?uence as an employer to attract more potential and talented future candidates. During the ReportingPeriod, we updated and released a promotional video for the Company to further increase our impact.
▲Students from Tsinghua University visiting and exchanging
In July ????, teachers from the IC Platform of Shanghai Tsing-hua International Innovation Center led more than ?? under-graduate students from Weiyang College of Tsinghua Universi-ty to visit Will Semiconductor during their holidays. The Com-pany invited the senior director of the Technical Departmentto introduce the Company’s background, product applica-tions and other information for the students, and organizedstudents to visit and experience the Company’s productdisplay center, so that they could have close contact with theCompany’s products and understand the application of theproducts. We also held an interactive symposium to encour-age students to actively ask questions, which triggered themto think thoroughly about the semiconductor industry.
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
Will Semiconductor is devoted to achieving synergistic growth with employees through talent cultivation. We provide employeeswith su?cient room for development and a sound career development path, supplemented by rich and complete training resourc-es. We encourage employees to combine their personal career development with the Company’s development to jointly enhanceand share productivity and innovation.
Will Semiconductor provides employees with a dual-channel career development path, namely management and technologycareer paths, and employees have a wide range of options to meet their needs for di?erent personal skills and career plans. Wehave announced the career development paths of our employees through the OV-Learning (OMNIVISION online training system),and have communicated with our employees about their career development through internal communication as well as inpublic, to ensure that they have a clear understanding of the Company’s promotion paths and mechanisms. In addition, duringthe Reporting Period, the Company carried out a talent inventory program to identify the potential and core employees in eachdepartment as a basis for the subsequent talent team building and position adjustment. Also, we provided internal promotionopportunities for employees with outstanding performance to build a broader development platform.
Based on the Company’s global business, its subsidiary OMNIVISION USA also o?ers employees the opportunity for expatriateassignment and encourages them to explore their potential in a diverse work environment. During the Reporting Period, OMNIVI-SION USA supported more than ?? expatriate assignments of our employees.At the same time, we organize annual career development celebrations to communicate the Company’s business development,technological breakthroughs, and career development opportunities to employees. We also invite promoted employees to sharetheir success stories. During the Reporting Period, we provided leadership assessment tools for newly promoted managementpersonnel to help them identify and understand their management skills, potential, and management personality, so that theycan better transition into the management role and unleash their potential.
To motivate employees’ intrinsic drive and enthusiasm for work, we have formulated the Measures for Performance Evaluation tostandardize the performance evaluation cycle, process and feedback mechanism. The Company organizes monthly and annualemployee performance evaluations in an objective, fair and open manner, which serve as an important basis for assessingemployees’ personal growth and development to further determine their bonus, salary adjustment, promotion and training. Wealso launched our online performance review and merit increase system for managers and employees around the globe. Employ-ees received the merit increases and extra incentive bonuses based on their individual performance ratings.
▲The Company’s career development celebration at Songjiang Park
▲Dual career development for management and technical professionals
Employees can aligntheir personal abili-ties with enterprisemanagement. Wealso give support toemployees who areinterested in man-agement roles.
Provide options forprofessional talentswho are committedto continued devel-opment of their pro-fessional skills.
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
Will Semiconductor attaches great importance to employee development and is committed to providing its employees with infor-mative training programs. Based on the OV-Learning platform, we provide employees with convenient training channels, ande?ectively meet the development needs of employees in di?erent positions. In this way, we continuously improve the talent train-ing system. During the Reporting Period, all of the Company’s employees attended the training, with an average of ??.?? traininghours per person.
?
during the Reporting Period, we ran the “New Manager Training Program - Falcon Growth”, “Expert Lecture Series” and other key
Based on three core capabilities including leadership, professional knowledge, and general knowledge, the Company continues todevelop and enrich training resources, and improve curriculum system to meet the needs of employees at all professions andlevels. For example, orientation training and tutor mentorship are provided for fresh graduates and leadership training is providedfor management. To establish an internal tutor membership for fresh graduates, we adopt a method of regular mentoring to timelycommunicate with fresh graduates and submit Training Review forms. This facilitates the Company to keep track of the status ofmentoring at any time, and ensures a continual understanding of the growth and adaptability of fresh graduates. In addition,
training programs in a project-based manner. Speci?cally, we set up multiple online and o?ine sessions like classroom learning,seminar and after-class review to further enhance work practices.
▲Training programs focused on three core capabilities
Provide leadership training for reserved management, new managers and middle manage-ment through the Falcon Program, Elite Program and Tiercel Program.
In July ????, ?? fresh universitygraduates attended the Compa-ny’s orientation training at WillSemiconductor’s Zhangjiang Parkto faciliate and accelerate theirtran-sition from campus toworkplace. During the week-longtraining, we emphasized theCompany’s pro-?le, culture,business and profes-sionalknowledge, leveraging factorytours and online learningwhile encouraging them tobecome outstanding technicalengineers.
▲Orientation training for major University’s graduates in Shanghai
During the Reporting Period, the Company conducted training for ?? new managers in aspects of role positioning, per-formance management and team leadership. We used internal use cases and methods like group experience activities and re?ections to convey the Company’s philosophy of management and leadership philosophy to new managers.The training received solid feedback and produced ? stories around group leadership and ?? post-course behavioralexamples, helping new managers quickly adapt to their new roles.
The Company comprehensively promoted Python, Linux and semiconductor devices physics course by advancing the Series Course Level ? course, and introduced new series of courses, Image Signal Processor (ISP). Whilepromoting the Expert Lecture Series Course Level ? course, we added question discussions and practical operations toimprove the e?ciency of employees in absorbing and applying knowledge. During the Reporting Period, we provided ?series, and conducted ?? seminar sharing sessions, with a total of ??? participants.
Provide training for new hires toenhance their general skills and profes-sional quality by opening Eyas TrainingCamp and setting up Graduate ReturnDay.During the Reporting Period, the ?xedsharing topics newly included marketand product category presentations.
Provide target training for employees toupgrade their professional skills byorganizing regular Technical Forums,Lunch & Learn and Expert Rostrums.During the Reporting Period, we added series and micro-coursecompetitions to further enrich profes-sional training resources.
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
▲Internal and External Trainingand Development Resources
The training system is supported by three major systems including policy, resource, and operation systems to continuouslyenhance the quality and e?ciency of training activities. We have formulated policy documents related to training including the, the , and the . We keep developing internal and external resources to provide employees with a variety of training activities and courses. We continue to increase the number of the Company’s internal lecturers and accelerate the development of courses, as well as intro-duce external lecturers and training resources. Besides, the Company collects and publishes all kinds of enrollment information for various of employees, and establishes scholarships to encourage them to upgrade their academic degrees and enhance their skills.
The Company continues to expand theteam of internal lecturers through avariety of incentives. We give gifts toour internal lecturers on holidays andaward outstanding lecturers with “Out-standing Lecturer of the Year” to showour appreciation and recognition. Inaddition, the Company organizeslecturer sharing sessions and all-handsactivity to enhance the cohesion andin?uence of the internal lecturergroup.By the end of the Reporting Period, wehad a total of ??? internal lecturersand ?? new certi?ed lecturer courses,bringing the total to ??? courses.Employees are trained in knowledgeand skills through the introductionof external professional traininginstitutions and lecturers.The training content includes man-agement, general ability, etc., whichis committed to improving employ-ees’ management awareness,enabling employees to master thecorresponding methods and tools,and improving employees’ work-place skills, such as o?ce software,interpersonal communication, teamcooperation, etc.
Collect, organize and regularly publishannual enrollment information relatedto examination for college degree withstarting point of high school degreeand examination for upgrading fromjunior college students to universitystudents.Assist employees in completing enroll-ment.Establish scholarships for on-the-jobemployees who enroll in and completehigher education.
?§
Will Semiconductor is devoted to the continuous improvement of its training programs and its e?ec-tiveness through thecontinuous evaluation of training programs. We classify the training e?ectiveness into three levels: reaction level evaluation,learning level evaluation and behavior level evaluation, and carry out a hierarchical assessment of the training e?ectiveness, inorder to judge the actual e?ectiveness of the training more e?ectively, and promote the training activities in synch with the needsof the employees. In addition, during the Reporting Period, we further updated the training evaluation questionnaire to achieve amore comprehensive evaluation of courses.
L1L2
Evaluate trainees’satisfaction
Determine trainees’learning outcomes
▲Micro-course competition
▲Three levels of evaluation
During the Reporting Period, we held the Company’s ?rstmicro-course competition. The competition was independentlydeveloped by employees and participated in the production of?? online professional courses, with a total of about ?,???
students. The holding of this competition not only expands thesta?’s internal professional knowledge course library, but alsocreates opportunities for employees to pass on and share profes-sional knowledge, enabing employees to progress togetherin learning.
As the number of new generation employees increases year byyear, the di?erences in generation characteristics and habits alsogradually emerge. Therefore, in cooperation with external insti-tutions, the company introduced the live course“Intergenera-tional Leadership - Flexible Management Strategies for the NewGeneration”to help more than ??? managers at di?erent levelshave a more comprehensive cognition and understanding of thenew generation from the aspects of psychological characteristicsand value tendencies, so that they can learn and master the wayof communication with the new generation, as well as the theo-ries, methods and strategies to guide the growth of the new gen-eration and to help managers accelerate the understandingand
▲Online Intergenerational Leadership Coursedevelopment of the next generation of employees.
L3
Examine trainees’knowledge application
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
To support employees’life-work balance, we implement a statutory paid annual leave system to ensure that employees are enti-tled to statutory holidays and other leaves such as sick leave, marriage leave, bereavement leave, maternity leave, paternity leave, lactation leave, personal leave, and parental leave. Meanwhile, we honor the unique leave programs as are customary in di?erent regions around the world. During the Reporting Period, OMNIVISION USA added the category of leave, enabling employeesto use paid time off to care for self , a family member or other designated person . In addition, we provide employees with bene?ts such as employee insurance, housing fund, supplementary housing fund and commercial insurance that are higher than the statutory requirements, helping employees to continuously enhance their sense of well-being and belonging at work.
?
During the Reporting Period, the Companyimplemented theand the , granting atotal of ???,??? hundred stock options to
We place a high priority on the needs of its employees and their mental, financial and physical health. In addition to providingcom-petitive compensation and treatment for our employees, we continuously optimize the Company’s welfare facilities. We alsocarry out diversi?ed sta? activities, with multi-dimensional care and companionship to make our employees feel cared for.
?,??? incentive recipients.Additionally, the Company implemented theduring theReporting Period. Thirty eligible employeesvoluntarily participated in this plan, inaccordance with legal and regulatoryrequirements, and assumed the associatedrisks.
We actively apply for all kinds of policy sub-sidies and special talent incentive awardsfor our employees, including Shanghai KeyIndustries Talent Special Incentive Program,Lingang New Area Key Industries DomesticHigh-end Talent Financial Incentive, Ming-zhu Engineer awards.
Will Semiconductor is committed to providing employees with competitive compensation. The Company regularly conductsmarket salary surveys, and adjusts compensation in a timely manner to remain competitive in the market. In the meantime, theCompany implemented an employee stock ownership plan, and continuously expands the scope of the plan to motivatemore of our exceptional cemployees to share the bene?ts of development with the Company. We also help our employees keepabreast of various government talent policies, and actively assist eligible employees in applying for various policy subsidies and special awards to support their personal and professional growth.
?
E?ective communication is the key to keeping the team running e?ciently and creating a favorable working environment.Through an annual All-Hands Meeting, the Company communicates strategic outlook, the latest information and relevant deci-sions with all of its employees. At the same time, we have set up multiple communication channels to listen carefully to the voice ofevery employee. Employees can provide feedback to the Company through interviews, meetings, websites, email, bulletin boards,employee suggestion boxes and other diversi?ed channels. During the Reporting Period, the Human Resources Department held aone-on-one talk with fresh graduates to address their questions and concerns and help them better transition from students toemployees.The Company also organizes regular employee satisfaction and dedication surveys to understand the needs of our employees andimprove our internal management. During the Reporting Period, we also innovatively conducted an annual survey on employeeincentive factors to gain an in-depth understanding of what employees consider to be e?ective and import-ant incentives, andestablished a database on employee incentives based on the results of the survey, which provided guidance for the Company tocontinually improve our incentive offering.
¤?
?
▲The results of the survey on employee incentive factors
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
We always give priority to employees’physical and mental health. The Company has provided its employees with a well-devel-oped infrastructure, including gyms, mother and baby rooms, lounges and employee dormitory, as well as a variety of nutritiousmeals to meet their health needs. The Company also provides free medical check-ups for employees, with a variety of programs tochoose from. During the Reporting Period, we arranged health and wellness activities for our employees during work breaks,aiming to help them alleviate work fatigue and safeguard the health of our employees.
▲Gym
▲Shoulder and neck massages▲Auricular-plaster therapies
▲Lounge▲Employee dormitory
▲Mother and baby room
▲The cafeteria’s new dishes▲Seasonal specialty food
Provide breakfast, lunch and dinner, and o?er heat-relieving dampness-removing dishes or nutritious and warm
In addition, Will Semiconductor focuses on taking multiple initiatives to provide safety in the daily diet of its employees. The Com-pany has developed a canteen supplier selection system to select suppliers that can continuously meet the Company’s qualitystandards. At the same time, we develop the Standard Operating Procedure (SOPs) for food safety control and make every e?ortto ensure the food safety of employees through daily kitchen inspection, quarterly central kitchen audit, incoming inspection ofraw materials, third-party testing of tableware and food safety training for operators. We also provide employees with a variety ofdining options, which are continuously optimized according to employee preferences and enhance employee happiness underthe premise of ensuring employees’comprehensive nutritional intake.
foods as the seasons change, update the dishes constantly，so as to ensure a nutritionally balanced diet.
Conduct canteen satisfaction surveys to understand the needs and preferences of employees, and adjust thetaste of dishes based on their feedback.
Initiate meal card redemption activities for food courts and F&B stores around the o?ce to increase the choicesand variety of meals available to employees.
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
▲Poster for the on-site salon “Discovering the Unknown Self”
▲Poster for the online themed lecture
“Intimate Relationships”
▲Trophies awarded to employees who haveworked for the Company for ?? years
▲Retirement trophy
During the Reporting Period, we organized a retirement partyfor a retiring employee. She had been with the Compa-ny since????, spending ?? years of her career with the Company.Through the party, we not only wished her the best of luck inher new stage of life and showed our apprecation for theunforgettable jour-ney she has spent with every employee andher contributions to the company.
Meanwhile, to care for the mental health of each employee, Will Semiconductor sponsors an Employee Assistance Program (EAP)invarious regional office. The EAP program provides a ??-hour psychological service hotline to all employees and their immediatefamily member. Full-time psychological support is also available. During the Reporting Period, we conducted a number of seminarsand training sessions on the themes of self-develop-ment and self-care and relationships to help our employees strengthen theirattention to themselves, relationships and enjoy a happy life.
We sincerely appreciate every employee’s contribution to Will Semiconductor. During the Reporting Period, ONMIVISION USAheld the Company’s anniversary celebration and awarded trophies to the employees who have grown together with the Compa-ny over the years. We sincerely thank them for their contribution and dedication to the Company. At the same time, the Companyupdated the . We awarded retirement trophies to retired employees, and organizedfarewell activities to express the Company’s sincere gratitude and respect for their years of hard work and contribution.
▲Retirement party
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
We regularly sponsor various employee activities to increase collaboration and team cohesion. The Company has also organized various associations of interest, such as basketball club, badminton club, yoga club, and football club. We have also held photography competitions, choirs,seasonal events, onboarding welcome parties, and birthday parties to enrich employees’lives and to grow team spirit. At the same time, we organize a variety of activities in our overseas o?ces to create a healthy and positive working atmosphere and enhance employ-ees’sense ofhappiness and belonging.
▲Outdoor game day activities of Singapore O?ce
▲Basketball game
▲Badminton club
▲Football club▲Choir
▲Onboarding welcome partiesand birthday parties of Beijing O?ce
▲Onboarding welcome parties and birthday parties of Shenzhen O?ce
▲Singapore O?ce enjoys the Spring Festival
▲Yoga activities
▲Photography club
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
Will Semiconductor is committed to providing a healthy and safe working environment for employees. The Company has beenmaking e?orts in supervision and management of work safety. We actively identify and prevent occupational health and safetyrisks, and e?ectively protect the health and safety of employees. In addition, we regularly organize various emergency drills andtraining sessions for employees, aiming to enhance their safety awareness and skills, reduce the potential impact of emergencies,and build a safe enterprise.
Work safety is an important responsibility and obligation of Will Semiconductor. We fully implement the and the laws and regulations of other regions or countries where we operate. We have developed and imple-mented internal systems such as the to create a safe working environment.Work safety is essential for the stable development of a company. It is also an important guarantee for the safety and health ofemployees. The Company has established an emergency response team. We ensure work safety during operations through stan-dardized processes and maintenance and regular inspections of facilities.
?. Number of major accidents for each BU is ??. Encourage employees’ voluntary participationin health promotion activities?. Continue to arrange employee safety trainingprograms with an attendance rate ≥??%?. The correction rate of hazard tracking teamin safety checks will reach ??%
There were no major accidents in each BU nor minorand serious injuries to employeesOrganized ?rst-aid training and other activities tohelp employees improve their safety and health skillsOrganized various ?re drills, evacuation drills, chemi-cal spill training, etc. to enhance employees’ safetyawareness and practical skillsThe correction rate of hazard tracking insafety checks reached ??%
▲Work safety policy
?
¨
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
▲Occupational health protection measures
▲Shanghai Healthy Enterprise
Will Semiconductor strictly abides by the Law and the. We are committed to protecting the occupational health and safety of employ-ees. We have set up a dedicated Environment, Health and Safety (EHS) Committee and formulated theto implement a top-down occupational health management. At the same time, we continue to identify, control,and prevent occupational health and safety risks in our daily operations, aiming to create a safe and healthy workplace foremployees in all aspects. The Company’s subsidiary OmniVision Semiconductor has obtained ISO ????? Occupational Health andSafety System Certi?cation.
Formulate the and other emergency plans for various accidents and estab-lish an emergency response teamInspectors from various departments implement and promote relevant measures to ensurework safetyThe plant central control room monitors the plant power system ?? hours a day to respond toemergencies timelyStrictly regulate the storage, warning, collection, and treatment of hazardous chemicalsFormulate strict construction control procedures for high-risk operations such as ?re operation andcrane operationClearly stipulate the key points and frequency of safety inspectionsRegularly maintain ?re protection facilities and equipment, and ensure that escape exits aremarkedConduct annual inspections of special equipment and renewal of related licenses, and carry outannual inspections such as annual elevator inspections, lightning protection tests, and annual ?reprotection inspectionsEquip with self-contained breathing apparatus, walkie-talkies, chemical protective clothing, andother emergency equipmentConduct daily ?re inspections by security guards and monthly safety inspections by the EHSDepartment to identify and rectify potential safety risksConduct monthly inspections of ?re safety facilities and special inspections of ?ood control mate-rial safetyConduct targeted supervision in terms of self-inspections and cross inspections of the depart-ments according to di?erent o?ce scenarios (laboratory business departments, Facility and Equip-ment Management Departments, areas of concentrated population in the park, canteens, etc.),and comprehensively identify safety hazardsFollow up risks and hazards identi?ed during work safety inspections, and con?rm the completionof improvement measuresSummarize and sort out common safety issues, and provide timely training to relevant depart-ments to reduce similar incidentsWe have developed the and other policies forcontractors, lessees, and construction contractors entering the campus. Theseare designed to improve our management. During the Reporting Period, we updated the and the , and developed a comprehensive man-agement system that includes plan review before work, supervision and spot checks during work, and safety acceptance and departure after work. We also required suppliers to obtain corresponding licenses, wear protective equipment, and apply for relevant approvals when carrying out hazardous operations, thus ensur-ing the operation safety throughout the entire process. In addition, we also regu-larly conduct annual safety lectures for long-termsuppliers and those with whom we have a long and stable partnership, and require them to sign relevant safety commitments.Thanks to the Company’s unrelenting e?orts in work safety, OmniVision Semiconductor, a subsidiary of Will Semiconductor, wasawarded the“???? Safe Company”in Songjiang District, Shanghai and the“Shanghai Healthy Enterprise”during the ReportingPeriod.
Build a safetyemergencyresponse team
Regulate worksafety processes
Maintain worksafety facilities
Implement regularwork safetyinspection
Provide emergency rescue and accident ventilation facilities at the production sites. and place?rst-aid kits in eye-catching locations in the o?ce area to facilitate employees to cope with emer-gencies.
Pre-evaluate occupational hazards of new projects, and identify existing occupationalhazards for newprocesses and new chemicals.Regularly invite third-party organizations to conduct occupational health and safety assessments.?
Set occupational hazards warning signs. Conduct pre-job, in-job and o?-job health check-ups for employees engaged in jobs with occupa-tional hazards, establish occupational health monitoring records conduct regular occupationalhealth and safety training for employees, and provide chemical hazard awareness training foremployees in chemical operation positions.Provide comprehensive labor protection appliances for positions with potential occupational haz-ards, including anti-toxic masks, face covering, protective clothing. protective gloves, and acid andalkali-resistant shoes.
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
The Company invites internal and external professional lecturers to carry out variousspecial themed trainings such as EHS training for new employees and workplace health?rst-aid lectures. We also discuss and share hot issues with employees to enhance theirsafety awareness.
The Company regularly conducts ?re drills to ensure employees are familiar with the ?re evacuation and escape routes, andmaster the use of ?re extinguishers and other ?re-?ghting equipment, so as to improve the ?re safety awareness and professionalskills of all employees.
The Company conducts evacuation drills, chemical spill drills, and water jetting procedure drills to build employees’safetyawareness and capabilities in response to various hazardous situations.
▲Onboarding EHS training for
new employees
▲Workplace health ?rst-aid seminar
▲Automated External De?brillator (AED training
▲Evacuation training▲Chemical spill drill
To raise awareness of occupational health and safety among employees, we conduct various ?re drills, special exercises, andthemed training every year, providing practical occupational health and safety knowledge and skills to prevent sudden accidentsfrom occurring.
▲Fire drill scene
▲Emergency response drill for people▲Water jetting procedure drills
trapped in an elevator due to malfunction
▲Bus evacuation emergency drill
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
“Uncle-Long-Legs Mailbox” project is a national public welfare
project aimed at providing spiritual companionship for the dis-advantage and migrant children. In April ????, relying on thisproject, the Company called on caring volunteers to accom-pany rural disadvantagechildren and urban migrant childrenthrough letters, supportingtheir mental health, and providingthem with companionship and support.
¤?
▲“Accompany with love” public welfare program
▲Volunteer activities in Guangci Welfare House
The Company has been supporting Shanghai Guangci WelfareHouse for Disabled Children (hereinafter referred to as“GuangciWelfare House”) for six years. In June ????, we organized a chari-ty event with the theme of“Love Games and Amusement Parks”for Guangci Welfare House. The event includes ?ve game activi-ties where employees can participate in the“Love Challenge”bypurchasing charity event tickets or donate directly to contributeto their care. The event attracted a total of ??? participants,and raised RMB ??,???.?? for daily operations of GuangciWelfare House.In addition, the Company organized ?? volunteers to visit chil-dren at Guangci Welfare House during the Reporting Period. Wealso donated RMB ??,??? to purchase ? air conditioners and sup-plies towards for the care and support of the children.
Enterprise is a member of society, and society is the fertile ground on which the enterprise prospers. Will Semiconductor is com-mitted to becoming a responsible corporate citizen. We actively engage in community building, care for the vulnerable groups insociety, and encourage employees to participate in public welfare education, contributing to comfort, joy and inclusion in the com-munity.
Will Semiconductor keeps a close eye on the needs of vulnerable groups in society and organizes employees to participate inpublic welfare and charitable activities, bringing care and warmth to those in need. During the Reporting Period, we cooperatedactively with public welfare organizations locally and abroad, providing material and moral support to disadvantaged children,chil-dren in welfare institutions, and disaster a?ected groups through practical actions.
The Family Giving Tree, founded in ????, isthe largest holiday gift and backpack dona-tion program in California, USA. The Com-pany works with the Family Giving Treeannually during the Christmas holidayseason, aiming to ful?l the Christmaswishes of children, families and the elderly facing challenging financial conditions. In November ????, we donated thoughtfulChristmas gifts to economicallydisadvantaged chil-dren and elderly inthe San Francisco Bay Area of California,allowing them to feel the concern and careof the community.
▲Wishing Tree Activity promotional poster
On February ?, ????, a magnitude ?.? earthquake struckTurkey, causing serious casualties and displacement dueto lack of living necessities. The Company extended ahelping hand as soon as possible, allocating disposableitems, tents, sleeping bags, supplies and providing tem-porary shelter for the disaster-stricken population andimprove their living conditions. We have donated morethan ?,??? items to support the rebuilding and recovery ofthe community.
▲Living necessities donation for the Turkey earthquake
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
Will Semiconductor actively engages in public welfare education, bringing hope and educational support to poor students in needthrough multiple channels and funding. During the Reporting Period, we provided high-quality reading resources to rural primaryschools through book donations, as well as academic support and living subsidies to poor students. Through these e?orts, we aimto support the aspirations of students and cultivate qualities of self-improvement in them, playing the role of an advocate for edu-cation.
With the theme of “Share Children’s Books, Share Love”, thechildren’s book donation program is a large-scale public wel-fare activity. It aimed to recycle children’s books and donateand raise funds for new books for rural primary schools inunderdeveloped areas. In October ????, by collectinghigh-quality idle books from employees, the Company donat-ed ??? volumes of children’s books and RMB ?,??? to theJiuxian Primary School in Baijia Town, Wan’an County, Ji’anCity, Jiangxi Province. We hope that the circulation of bookscan open a window to the world for rural children and encour-age the reuse of resources.
Sharing children’s books, sharing love
▲Children’s book donation campaign
In promoting education and social equity, supporting poorstudents is a fundamental task and a key part of educationequity. We continue our support for ? outstanding impover-ished students in Miaozhong Village, Chongming District,Shanghai. In December ????, ? employee volunteers visitedMiaozhong Village and communicated with the students, help-ing them in their lives and study to the best of our ability. Inthis activity, we o?ered scholarships and winter suppliesworth RMB ??,??? to ? poor students, and received gratitudefrom the students and the village committee secretary.
Education assistance activities in Chongming District, Shanghai
▲Education assistance activities in Chongming
District, Shanghai
?,???
?,????,???
?,????,???
?,???
???
??
?,???
????,???
By genderBy age
By region
Byemployeetype
??.?? %
?????????
??????
???
Recordable injuries
?High-consequencework-related injuries
Work-related fatalities
Employee turnover rate ?：?.??%
Total number of employees:?,???person
??.?? %
MaleFemale
??.?? Hour per person??.?? Hour per person
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
¨
To further promote energy conservation and carbon reduction, we continuously improve and increase energy e?ciency in ourown operations. During the Reporting Period, Shanghai Songjiang Park implemented a series of energy-saving management mea-sures, including but not limited to adjusting the operation mode of air compressors, shutting down the plant system during holi-days, and adjusting the lighting and air conditioning modes in the o?ce area. In this way, a total of ???.?MWh of electricity wasreduced, and the annual completion rate of energy-saving plan reached ???%. At the same time, we have also implemented anumber of energy-saving renovation measures at Shanghai Zhangjiang Park to further optimize the Company’s energy consump-
The importance of addressing and adapting to climate change has become a scientific priority as the global warming continues.Will Semiconductor actively responds to the national goal of“carbon peaking by ???? and carbon neutrality by ????. Followingthe requirements of stakeholders and customers, we continuously promote carbon inventory, carbon target setting, energy co-nservation and carbon reduction through responsible corporate practices. In addition, we continue to enhance our adapta-bilityto climate change, and prepare for intensi?ed physical risks through diverse measures, making us more resilient to climateimpacts.
tion management.
We are aware that chip manufacturing is a resource-intensive industry. Therefore, in addition to focusing on greenhouse gas emis-sions generated by its own operations, Will Semiconductor also pays continuous attention to the carbon emissions of the supplychain, and gives priority to cooperating with leading suppliers in greenhouse gas emission reduction. In this way, we reduce the
Will Semiconductor actively supports and contributes to the transition of the global economy to the low-carbon development.The Company’s subsidiary OMNIVISION USA submitted a commitment letter to the Science Based Targets Initiative (SBTi) duringthe Reporting Period and will complete its science-based targets setting by ????. Through continuous improvement in energymanagement, energy-saving renovation, and expansion in clean energy applications, we are committed to reducing carbon emis-sions from our operations and contributing to global carbon reduction.
Company’s Scope ? carbon emissions and build a low-carbon supply chain to ensure a stable and resilient supply chain.
We strictly complies with relevant laws and regulations, such as the in thecountries or regions where we operate. We actively promote the certi?cation of energy management systems, and standardize thecontinuous improvement of energy management in major operating sites. The energy consumption of Will Semiconductor mainlycomes from the use of electricity, and the Shanghai Songjiang Park and Shanghai Zhangjiang Park are the main sources of energyconsumption for the Company. OmniVision Semiconductor and OmniVision Optoelectronics, subsidiaries of Will Semiconductorin Songjiang Park, have passed the ISO ????? Energy Management System Certi?cation, further promoting energy managementstandardization.
▲OmniVision Semiconductor’sISO ????? Energy ManagementSystem Certi?cation
▲OmniVision Optoelectronics’sISO ????? Energy ManagementSystem Certi?cation
▲Energy-saving measures of Shanghai Zhangjiang Park
During the Reporting Period, we converted the cooling towers at Shanghai Zhangjiang Park from manual start and stopto automatic start and stop using a frequency modulation control system based on changes in external ambient tem-perature. This e?ectively saved ??,???kWh of energy.
During the Reporting Period, we continued to upgrade o?ce lighting with energy-saving lamps, replacing more than??? lamps in total, actively promoting sustainable development practices and e?ectively reducing energy consumptionand carbon emissions.
During the Reporting Period, we installed sub-metering systems in the Park to conduct ?ne electricity consumptionmanagement on di?erent ?oors and functional areas, and to more accurately monitor and record the electricity con-sumption of di?erent ?oors and functional areas. This laid a solid data foundation for future targeted energy-savingrenovations.
We carried out the warehouse cooling and humidi?cation optimization and adjustment project in ????, and it contin-ued to produce economic e?ects during the Reporting Period. It saved electricity costs of more than RMB ?.? million,with an estimated annual energy consumption of ??,??? kWh.
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
On the basis of continuous improvement in energy e?ciency, we actively promote the use and substitution of clean energy. Weprovide employees with more green commuting options to continuously reduce greenhouse gas emissions generated duringoperations and employee commuting, thus contributing to a low-carbon future.
Extreme weather caused by climate change has become one of the biggest risks facing the world today. Will Semiconductor hasbeen paying close attention to extreme weather disasters. We actively enhance the resilience and sustainability of its operationsthrough multiple measures. We have formulated internal policies such as the. To deal with extreme weather such as typhoons, thunderstorms, and extreme cold andhot, we have developed the and the , among others. These plans clarify the response process and division of duties, improve response e?ciency, and guaran-tee the safety of lives and property of the Company and our employees.
??
During the Reporting Period, Shanghai Songjiang Park continued to expand its building rooftopphotovoltaic facilities, generating a total of ?,???.??MWh of electricity throughout the year, ofwhich ???.??MWh was generated by the newly-built photovoltaic power facilities, in order toreduce indirect greenhouse gas emissions generated by energy consumption.
???????¤??
?
▲Rooftop photovoltaic power generation at Shanghai Songjiang Park
??????
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
Will Semiconductor strictly complies with the relevant laws and regulations of the countries or regions where we operate, such asthe, the , the , and the. At the same time, we have developedinternal systems such as the , striving to constantly reduce the impact ofour operations on the environment.Will Semiconductor’s emissions mainly come from the Shanghai Songjiang Park where its subsidiaries OmniVision Semiconduc-tor and OmniVision Optoelectronics are located. The Park has successfully obtained the ISO????? Environmental ManagementSystems Certi?cation.
Will Semiconductor continues to strengthen the standardized management of various types of waste. Non-hazardous solid wasteis classi?ed and uniformly treated by quali?ed recycling companies. For hazardous waste, the Company has developed an annualhazardous waste management plan and entrusted professional disposal companies to regularly remove and legally treat thiswaste. At the same time, we also require contractors to classify and dispose of waste according to relevant national laws, regula-tions and contract requirements to avoid secondary environmental pollution. In addition, we set up waste collection containers atdesignated locations in our o?ce, which are divided into non-recyclable, recyclable, dry and wet and hazardous waste. Relevantsigns are also posted to enhance employees’ awareness of waste sorting. We entrust quali?ed suppliers to recycle the recyclablewaste generated by the o?ce. During the Reporting Period, we continued to re?ne our waste management process and added thefollowing highlights:
▲Waste management measures of Shanghai Zhangjiang Park and Songjiang Park
▲OmniVision Semiconductor’sISO????? Environment QualityManagement System Certi?cation
▲OmniVision Optoelectronics’sISO????? Environment QualityManagement System Certi?cation
We encourage our employees to go paperless and use electronic forms for approval. During the reporting period, Shanghai Songji-ang Park used Manufacturing Execution Sytem (MES), an electronic alternative to text recording forms, and the use of dust-freepaper decreased by ??% year-on-year.
During the Reporting Period, Shanghai Zhangjiang Park and Songjiang Park added digitalidenti?cation codes and OR codes tohazardous wastes in accordance with the issued by the Minis-try of Ecology and Environment of the People's Republic of China. We used IoT technologies such as electronic tags for informa-tion management to achieve "one object,one code", e?ectively improving the e?ciency of hazardous waste management andensuring its safe disposal and traceability.During the Reporting Period, the Shanghai Zhangjiang Park added a new system document entitled , which detailed the classi?cation and storage of hazardous waste and related pre-vention and control responsibilities.At the same time, we have developed the , and posted clear signsin the hazardous waste warehouse at the Park to further improve the standardization and visibility of hazardous waste manage-ment.
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
▲Highlights of green o?ce initiatives
▲post energy and water conservation reminders
¤??
In order to enhance the recy-cling of internal resources atWill Semiconductor, theAdministration Departmenttransfers unused productionequipment, testing facilities,o?ce furniture, and otherresources within the Compa-ny to operating sites in need,aiming to make full use ofexisting resources.
We post energy and waterconservation reminders andpromotional posters in theo?ce area to promote energyand environmental aware-ness among all employeesand permanent suppliers.
The Shanghai Songjiang Industrial Park is committed to maximizing the water resources to achieve sustainable man-agement. During the Reporting Period, we explored various technologies and practices related to wastewater reuse. Atotal of ???,??? tonnes of water were reused, with an average annual wastewater reuse rate of about ??%:
Dicing wastewater can be used for cooling towers and toilet water after being treated by immersion ultra?ltration tech-nology and reverse osmosis membrane technology, to minimize the demand for tap water. During the Reporting Period,the recycling rate of dicing wastewater at Shanghai Songjiang Park reached ??%;Wastewater from the grinding and cleaning processes is pretreated through chemical precipitation, ultra?ltration, andother technologies, and then further treated using reverse osmosis membrane technology. It can be used to supplyequipment or processes that require puri?ed water. During the Reporting Period, the reuse rate of grinding and cleaningwastewater at Shanghai Songjiang Industrial Park was ??%;??RO concentrated water is a kind of organic wastewater with complex composition, high insolubility and high salt con-tent. During the Reporting Period, the reuse rate of RO concentrated water reuse system at Shanghai Songjiang Parkreached ??%, e?ectively reducing water resource consumption and wastewater discharge.
¨
Will Semiconductor strictly complies by the and other relevant laws and regulations ofthe countries or regions where we operate. We actively explore and carry out water-saving and water recycling measures toimprove water resources utilization e?ciency and reduce sewage discharge in the operation process.
For non-recyclable wastewater, we have designated a special area within the park as a wastewater treatment station. During theReporting Period, we adjusted the sampling frequency of on-line monitoring under ?ow conditions in accordance with the (HJ ???-????), increasing from once every ? hours to onceevery hour. This enhances the monitoring of wastewater and ensures that it is treated to meet standards before being dischargedinto the municipal sewage network for uniform treatment. We have developed a self-monitoring program to ensure that the quali-ty of wastewater discharged meets relevant standards, and regularly invite quali?ed third-party monitoring agencies to conductcomprehensive monitoring of wastewater discharge. During the Reporting Period, a new wastewater treatment station and awastewater treatment system were built in Shanghai Songjiang Industrial Park, further expanding the wastewater treatment
Practicing the concept of green o?ce, Will Semiconductor is committed to raising employees’awareness of energy conservationand environmental protection. We actively control the energy use of o?ce air conditioning and lighting systems, and redistributeidle resources between operating sites to improve resource utilization in the o?ce process. In addition, the Company carries outactivities such as environmental protection day, to encourage employees to start from more obvious things around them withthe goal of protecting the earth through a low-carbon, green and circular o?ce and lifestyle.
capacity.
In terms of exhaust gas emissions management, we use activated carbon adsorption towers ?lter exhaust gas, and the gas thatmeets emission standards is discharged through pipes from the roof. The Company regularly invites third-party testing agencies totest exhaust gas, and upload the results of third-party environmental monitoring to the pollution source monitoring data releaseplatform. During the Reporting Period, the Company’s exhaust gas emissions during operation were in line with relevant nationallaws and regulations.
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
From April ?? to ??, ????, Will Semiconductor’s R&D o?ces in Shanghai, Beijing, Shenzhen, Wuhan and other placesjointly held an environmental protection day activity named“Circulation of Everything”. During the event, we intro-duced the positive environmental bene?ts of resource recycling to employees by showing related knowledge aboutrecycled products, recycled paper, plastic bottles and milk cartons, as well as data on energy conservation and emissionreduction. In the Shanghai Zhangjiang Park, we also added ?ve garbage cans made from ?,??? recycled and com-pressed milk cartons. This demonstrated the recycling of waste and resources.In addition, during the event, we also collaborated with third party organizations to encourage employees to placeunwanted books and clothing on the recycling platform. A total of more than ??? old clothes and ??? books werecollected, allowing employees to actively participate recycling.
§?¨§§§???
??
Each recycled book is handled properly. Genuinebooks of better quality and condition are exam-ined, cleaned, disinfected, and go through otherprocesses before being returned to circulation asused books.Irreparable and unsuitable books are uniformlycollected, centrally handled, outsourced for pro-cessing, and pulped for regeneration, so as toachieve sustainable reuse of resources.
The supplier carefully sorts and classi?es everysingle item of used clothing collected, and han-dles it through three main steps: environmentalregeneration, used clothing export, and environ-mental remanufacturing.After the clothing is recycled, participants willreceive environmental certi?cates and Ant Forestenergy to encourage employees to actively partic-ipate in green environmental protection activi-ties.
¤?
▲“Circulation of Everything” activity
??
¨Pollutant
Wastewater
Generatedindustrialwastewater volume
???,???.?????,???.??
??.???.??
?.??
??.???.??
?.??
ChemicaloxygendemandAmmonianitrogenVOCsExhaust gas
OrganizedEmissions
EmissionMethod
Speci?cPollutant
Total actualemissions duringthe ReportingPeriod (tonnes)
Total approvedemissions duringthe ReportingPeriod (tonnes)
ImplementationStandards
ExcessEmissions
KPITotal energy consumption (MWh)Direct energy consumption (MWh)Indirect energy consumption (MWh)Energy consumption intensity (MWh per capita)Total GHG emissions (tCO
?e)Direct GHG emissions (Scope ?) (tCO
?e)Indirect GHG emissions from energy consumption (Scope ?) (tCO
?e)GHG emission intensity (tCO
?e per capita)Water consumption (tonnes)Water consumption intensity (tonne per capita)
??????,???.???,???.????,???.????.????,???.?????.????,???.???.?????,???.????.??
??????????,???.???,???.????,???.????.????,???.?????.????,???.???.?????,???.????.??
After being treatedby the sewagetreatment plant,the wastewater isdischarged into theWater Puri?cationCompany.
ComprehensiveStandard for Wastewa-ter Discharge（DB??/???-????）Comprehensive Standard forAtmosphere PollutantEmissions (DB??/???-????)；Pollutant DischargeStandard for the Semicon-ductor Industry(DB??/???-????)
N/A
N/A
??,???.???,???.????,???.??
??.????,???.?????.????,???.???.?????,???.????.??
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????
??????¨?????§
????????????????????????????????????????????????????????????????
?°±????°?¨??????¨°?¨??????¨?¨??????¨????¨??????¨?ClarityAccuracyCompleteness??°???. Other opinions or suggestions about Will Semiconductor’s work and the Report:
?¨??????¨?¨??????¨?¨??????¨
Will Semiconductor Co., Ltd. ShanghaiEnvironmental, Social and Governance Report ????