Quzhou, Sept. 2, 2024 - DAS Solar, a leader in N-type PV technology, releases its Environmental, Social, and Governance (ESG) Report 2023 (hereinafter referred to as the “Report”). The report details the company’s achievements in improving ESG governance, technological innovation, sustainable green practices, and social responsibility throughout the year. As a key strategy for the company's sustainable development, actively practicing ESG principles has become the core of DAS Solar's green and high-quality growth. This is the second consecutive year that the company has released such a report, underscoring its ongoing commitment to ESG.

Governance is the foundation of ESG practices. DAS Solar consistently adheres to the principles of fairness, justice, and transparency. By strictly following laws and regulations, the company has established a clear, scientific, and efficient governance mechanism. By optimizing and improving its governance structure, DAS Solar ensures that it meets the highest standards in management decision-making, risk prevention, and information disclosure. Robust governance has not only enhanced management efficiency and market competitiveness but also laid a solid foundation for the company’s sustainable development.

Leveraging the advantages of its N-type technology, DAS Solar has achieved continuous growth in both sales and shipments for many years, securing a position in the annual global top 10 for module shipments. Upholding a multi-dimensional development strategy, the company has established over ten decentralized intelligent manufacturing bases, advancing industrialization through digitalization, intelligence, and information systems. While strengthening its domestic business foundation, the company has also expanded internationally, establishing subsidiaries in Germany, Japan, and Australia to deeply explore local markets with localized, close-range services. DAS Solar continues to expand its presence in Europe, Southeast Asia, the Middle East, and South America, steadily advancing its globalization strategy.

Innovation leads the company’s green development. As a leader in N-type technology, DAS Solar has embedded N-type TOPCon technology into the core of its development since its inception. The company has continuously refined this technology from TOPCon 1.0 to TOPCon 4.0. Currently, the mass production efficiency of TOPCon 4.0 Plus cells has surpassed 26.6%, with an open-circuit voltage reaching 742mV, repeatedly breaking world records and solidifying the company's leadership in N-type TOPCon technology. Amid increasingly fierce competition in the solar market, DAS Solar has leveraged its technological and resource advantages to create comprehensive solutions for urban, ecological, and floating applications. By combining lightweight modules, flexible mounting systems, and all-black modules, the company has broadened the application fields of its "PV+" products.

Guided by the R&D-first philosophy of technological innovation, DAS Solar has invested heavily in R&D over the years. The company has also established deep industry-university-research collaborations with institutions like the University of New South Wales, Hebei University, and Nanjing University of Aeronautics and Astronautics, continuously advancing in frontier technology fields. In terms of intellectual property, as of 2023, DAS Solar has applied for 738 patents and been granted 277, with over 75% successfully converted into economic benefits. The company has strengthened its intellectual property system, improving the quality and effectiveness of its IP management, and optimizing the environment for IP protection, laying a solid foundation for technological innovation and enhanced competitiveness.

Speaking of contributions to the environment, DAS Solar remains committed to ESG strategic development goals as a promoter and practitioner of renewable energy. Through green intelligent manufacturing, the company strictly controls greenhouse gas emissions and supplies green electricity. The company implements the five principles in its base planning, which includes land intensification, harmless raw materials, clean production, resource recycling, and low-carbon energy, aiming to create the "factories of the future".

In areas such as environmental governance, water resource management, and waste management, DAS Solar has enhanced the efficiency of traditional energy usage and strengthened energy-saving management throughout the entire process. By increasing comprehensive utilization efficiency and reducing overall energy consumption, the company has implemented carbon reduction throughout the life-cycle of its photovoltaic products, continuously practicing green development principles and fulfilling its social responsibility for low-carbon growth. This includes green production, management, logistics, packaging, and recycling throughout the life-cycle of PV modules. The company is also working on its first zero-carbon factory to contribute to a net-zero future. DAS Solar has achieved certifications like Achilles ESG Certificate, French Carbon Footprint ECS Certification, and Italy's Environmental Product Declaration (EPD) Certification, and has been recognized multiple times by PV Tech as a Top ESG Performance PV Company. As of 2023, DAS Solar’s module shipped worldwide can save approximately 12.34 million tons of standard coal annually and reduce CO2 emissions by about 35.96 million tons, empowering sustainable development with green energy.

In terms of social management, DAS Solar joined the United Nations Global Compact and China's Corporate Climate Action, actively pursuing social responsibility with a goal of carbon neutrality. The company values the sustainable development of its supply chain, certifying green partners through audits, communication, and training, and encouraging upstream and downstream enterprises to adopt environmentally friendly materials to reduce the environmental burden. DAS Solar is committed to building a mission-oriented community for sustainable development, working together with suppliers to promote green development goals.

The company always upholds a people-oriented corporate culture, adhering to the principles of "openness, equality, and inclusiveness." As it grows, DAS Solar has gradually established a comprehensive talent cultivation and development mechanism, continuously improving employees' overall qualities and skill levels. The company is dedicated to creating a fair, open, harmonious, and inclusive work environment, providing strong support and guarantees for employees' personal growth and career development. In addition, DAS Solar participates in social welfare and rural revitalization efforts, giving back to society with a strong sense of responsibility and contributing positively to the sustainable development of humanity.

Guided by the dual carbon goals, DAS Solar will continue to practice ESG concepts in the future, promoting sustainable development by leveraging its N-type technology advantages. The company will comprehensively build all-scenario solutions, establish and improve its ESG system, and enhance its environmentally friendly core to contribute to a brighter tomorrow for humanity.

✱The report only includes data from DAS Solar's Quzhou, Taizhou, and Zhangzhou bases.