Mission Statement, Vision, & Core Values (2026) of Beijing Jingyuntong Technology Co., Ltd.

Founded in 2002, Beijing Jingyuntong Technology Co., Ltd. has grown into a specialist in photovoltaic and semiconductor equipment-manufacturing critical systems such as mono-crystal growers, multi-crystalline directional solidification growers and float-zone furnaces-while pursuing a mission to deliver cost-effective products, create long-term shareholder value and provide growth platforms for employees; today the company reports a market capitalization of 9.92 billion CNY as of December 2025 (a 22.69% increase year-over-year), employs roughly 2,288 staff with a heavy R&D emphasis, generated 4 billion CNY in revenue in 2022 (up 30% YoY) and faces recent headwinds including a trailing twelve-month net loss of -1.18 billion CNY, all against a stated vision of becoming a domestic and international industry leader focused on high-end equipment, new materials and environmental responsibility and guided by core values of "creating value and sharing value," openness, mission, responsibility, mutual assistance, integrity and continuous innovation-read on to see how these figures and principles shape Jingyuntong's strategy and future directions.

Beijing Jingyuntong Technology Co., Ltd. (601908.SS) - Intro

• Founded: 2002
• Primary industries: Photovoltaic equipment, semiconductor equipment
• Core products: Mono-crystal growers, multi-crystalline directional solidification growers, float-zone furnaces
• Employees: ~2,288 (significant R&D staffing)

• Advance domestic high-precision crystal growth and PV equipment capabilities to reduce reliance on imports.
• Deliver reliable, efficient manufacturing systems that raise PV module yields and lower levelized cost of energy (LCOE).
• Drive sustainable energy adoption by enabling scalable, high-quality photovoltaic production.

• Become a global leader in PV and semiconductor production equipment through continuous innovation and vertical integration across the PV value chain.
• Support the transition to clean energy by providing cost-competitive, high-throughput equipment that accelerates grid-scale deployment.

• Innovation: sustained investment in R&D to develop proprietary crystal growth and process technologies.
• Quality & Reliability: engineering equipment to high throughput and low-defect standards for industrial customers.
• Customer Partnership: collaborating with PV manufacturers to optimize processes and reduce manufacturing risk.
• Sustainability: minimizing the environmental footprint of production equipment and supporting renewables adoption.

• R&D-led product differentiation: leveraging proprietary crystal-growth processes to improve wafer quality and yield.
• Market expansion: pursuing larger domestic PV OEM contracts and selective international partnerships to scale shipments.
• Vertical coverage: integrating equipment offerings across PV wafer production stages to capture more value per customer.
• Cost and efficiency optimization: engineering higher-throughput systems to lower customers' per-Watt manufacturing cost.

• Recent profitability pressure: reported TTM net loss of -1.18 billion CNY, reflecting margin and market-cycle challenges.
• Capital intensity: equipment manufacturing requires ongoing capex and working capital, increasing sensitivity to order cycles.
• Competitive landscape: global competition from established equipment suppliers and rapid technology shifts in PV cell and wafer design.

• Order backlog and new equipment bookings (quarterly)
• Revenue growth and gross margin trends (especially post-2022)
• R&D expenditure as % of revenue and resulting IP/product launches
• Customer concentration and largest OEM contract exposures

Beijing Jingyuntong Technology Co., Ltd. (601908.SS) - Overview

• Mission: Provide cost-effective products and services to customers worldwide and create long-term, stable value for investors and shareholders.
• Employee commitment: Offer platforms and opportunities for employees to apply talents and grow professionally.
• Product focus: Concentrate on high-quality mono and multi-silicon wafers to meet evolving photovoltaic market demand.
• Innovation & responsibility: Emphasize R&D, quality control, and corporate responsibility to deliver value to customers, shareholders, and communities.
• Management standard: Strive for first-class management and operational standards to become a leading industry player.
• Value sharing: Prioritize creating and sharing value for mutual benefit and sustainable growth.

• Quality & cost-efficiency: Continuous process optimization to reduce cost per wafer while improving electrical and dimensional specs.
• Talent development: Internal programs and platforms for skills upgrading, cross-functional mobility, and leadership cultivation.
• Innovation pipeline: Incremental and disruptive projects in mono wafer size upgrades, surface treatment, and yield improvement.
• Governance & responsibility: Compliance, environmental controls, and community engagement aligned with sustainable growth.

Beijing Jingyuntong Technology Co., Ltd. (601908.SS) - Mission Statement

• Prioritize first-class management standards and operational discipline to ensure reliable delivery and scalable growth.
• Focus on high-end equipment manufacturing and new material solutions tailored to market demand.
• Advance environmental engineering businesses to minimize ecological footprint and support circular economy initiatives.
• Invest strategically in semiconductor-related industries to capture upstream and downstream opportunities.
• Deliver measurable shareholder returns while reinvesting in R&D and talent development for long-term sustainability.

• Market leadership in high-end equipment manufacturing and advanced materials, serving both domestic demand and export markets.
• Continued expansion into environmental engineering to support national and global sustainability targets.
• Strategic entry and scale-up in semiconductor-related fields, leveraging materials science and precision equipment capabilities.
• Maximizing value creation for customers through quality, performance, and integrated service offerings.
• Transparent governance and disciplined capital allocation to ensure resilient shareholder returns.

• Scale high-margin equipment lines and expand new materials product mix to improve gross margins by targeted 200-300 basis points over three years.
• Allocate sustained R&D capital (≥5% of revenue) into semiconductor materials, precision tooling, and environmentally friendly product variants.
• Grow environmental engineering revenue stream to represent 15-20% of total sales within five years through project-based contracts and service offerings.
• Strengthen overseas channels and certifications to increase export revenues - target 25% of total revenue by 2028.
• Enhance ESG reporting and emissions controls to meet evolving regulatory and investor expectations.

• Revenue growth rate and segmental contribution (equipment vs. materials vs. services).
• R&D intensity and patent filings in semiconductor and materials domains.
• Order backlog and project win rate for environmental engineering contracts.
• Net margin expansion and return on invested capital (ROIC).
• Progress on ESG metrics: emissions reduction, waste recycling rate, and energy intensity per unit output.

Beijing Jingyuntong Technology Co., Ltd. (601908.SS) - Vision Statement

• Creating value and sharing value - prioritizing mutual benefit and sustainable growth across the ecosystem.
• Openness, mission, responsibility, mutual assistance - embedding collaboration and accountability in corporate conduct.
• People-oriented, honest, trustworthy - promoting integrity, respect, and employee-centric policies.
• Wisdom and diligence - winning through strategic thinking and disciplined execution.
• Innovation as guiding principle - continuous R&D, process optimization, and technology adoption.

• Customer-centric service expansion - scale B2B/B2C logistics platform capabilities and partner networks.
• Technology and data investment - AI/algorithmic route optimization, IoT-enabled asset management, and cloud-native operations.
• Governance and compliance - reinforce transparency, ESG practices, and risk controls in listed-company operations (601908.SS).
• Talent and culture - attract, retain, and upskill employees to sustain the people-oriented ethos.

• Short-term KPI examples: revenue growth % target, EBITDA margin threshold, customer retention rate.
• Medium-term KPI examples: market share in core logistics segments, new-product contribution to revenue.
• Long-term KPI examples: sustainable ROE, carbon-intensity reduction, employee engagement scores.