Confirmation on Material Issues
Materiality Analysis Process: our Sustainable Development Team consolidated survey responses from stakeholders and internal managers to assess 21 sustainability topics. A materiality matrix was created, evaluating each issue’s positive and negative impacts and likelihood of occurrence. After review with senior leadership, issues with medium-high or greater impact—across economic, environmental, and social dimensions—were designated as this year’s material topics.
Material Issues for 2025:
▌ Ancang has identified 13 key issues for disclosure, including:
- Operational performance
- Corporate governance
- Regulatory compliance
- Risk management
- Corporate image and brand
- Technological innovation and engineering management
- Information security
- Occupational safety and health
- Labor relations
- Compensation and benefits
- Promoting competitive compensation and benefits and a friendly workplace
- Career development and training
- Public construction participation
- Talent recruitment and retention
▌ Additionally, 6 potential Material issues are included
- Sustainability strategies and goals
- Raw material fluctuations
- Community relations and social welfare
- Sustainable supply chain management
- Environmental impact and pollution control
- Green engineering and building materials
While carbon reduction, climate adaptation, and biodiversity are not listed as material issues, they remain important and will be disclosed appropriately.
Determine Material issues and their significance
Operational performance
- Explanation of Significant Issues
Financial information, including revenue, operating costs and related expenses, operating profits, financial management, and overall market performance, may include the financial impact of managing climate risks on operating income and expenses.
- Significance for Ancang
Strong financial and operational performance is essential to sustaining Ancang’s business. It supports employee livelihoods and fulfills responsibilities to shareholders and investors.
Corporate governance
- Explanation of Significant Issues
- Significance for Ancang
Regulatory compliance
- Explanation of Significant Issues
- Significance for Ancang
Risk management
- Explanation of Significant Issues
Ancang’s risk management covers economic, environmental, and social dimensions, including operational, financial, environmental, and occupational safety risks. Comprehensive analysis and mitigation measures are in place to ensure resilience and compliance.
- Significance for Ancang
hrough precise analysis and coordinated action by leadership and departments, Ancang effectively manages risks and minimizes operational losses.
Corporate image and brand
- Explanation of Significant Issues
Ancang monitors and promotes its brand through strategic marketing, performance metrics, brand surveys, and related expenditures to strengthen brand image and positioning.
- Significance for Ancang
For nearly 50 years, Ancang has built its reputation as a professional construction team by prioritizing personnel quality and construction excellence, maintaining long-term brand value over short-term gains.
Technological innovation and engineering management
- Explanation of Significant Issues
Emerging engineering or construction methods developed in recent years in response to engineering needs, including in-house technological development, international emerging construction methods or technologies, and the application of green building materials.
- Significance for Ancang
In recent years, we actively introduced new IT in technological innovation and construction project management to improve management efficiency and reduce operating costs.
Information security
- Explanation of Significant Issues
In recent years, listed companies have often been subjected to hacker attacks, which not only affect company revenue but also customer data security.
- Significance for Ancang
We strengthens the anti-hacking capabilities and protects data security through information security policies, technical protection, and data regional backup.
Occupational safety and health
- Explanation of Significant Issues
Ancang promotes preventive safety measures and manages occupational incidents to ensure a safe and healthy work environment.
- Significance for Ancang
Safety is a core value at Ancang. We continuously promotes preventive measures and effectively manage safety and health affairs to reduce workplace incidents.
Labor relations
- Explanation of Significant Issues
- Significance for Ancang
Promoting competitive compensation and benefits and a friendly workplace
- Explanation of Significant Issues
- Significance for Ancang
Career development and training
- Explanation of Significant Issues
Ancang establishes systems that support employee career development through structured training programs, performance metrics, and promotion of professional certifications.
- Significance for Ancang
Ancang is a professional construction management firm committed to enhancing employee competencies through structured systems that support the advancement of professional knowledge and skills.
Public construction participation
- Explanation of Significant Issues
- Significance for Ancang
Talent recruitment and retention
- Explanation of Significant Issues
- Significance for Ancang