ESG (Environmental, Social, and Governance)
We adhere to openness and collaboration, pursuing shared creation and mutual benefits. Together with global partners, we promote technological advancement and sustainable industry development,
taking concrete actions to create greater value for customers and society.
taking concrete actions to create greater value for customers and society.
Innovation is the inexhaustible driving force behind the company's sustainable growth. As a technology enterprise, we follow a development philosophyof "technology-driven and innovation-powered", continuously advancing technological innovation to drive product upgrades and iterations, and striving to lead the healthy development of the industry.
Technological Innovation
We adhere to the development philosophy of "technology-driven and innovation-powered", placing great emphasis on technological innovation and R&D investment. We have established the "Three Institutes and One Station" — the Central Research Institute, Central Engineering Institute, Innovation Design Institute, and Postdoctoral Research Workstation — as well as comprehensive laboratories and intelligent manufacturing bases. Driven by both "technological research" and "market demand", we continue to deepen fundamental and applied research in our industry and implement a rolling three-generation R&D mechanism of "Pre-Research Generation, Development Generation, and Sales Generation", empowering continuous upgrades and iterations of our products and services through technological innovation.
Learn more: Technological Innovation
Quality Assurance
We always prioritize product quality and safety, continuously optimizing our quality management system and strictly standardizing product quality control processes.
By enhancing employees' awareness of quality and strengthening the company's overall quality management, we ensure stable and reliable product performance through multiple comprehensive laboratories. We are committed to delivering defect-free, high-quality products and supporting sustainable development through excellence in quality.
Sustainable Supply Chain
We maintain mutually beneficial partnerships with suppliers, continuously optimizing supplier management processes and actively practicing responsible procurement. We are dedicated to building a sustainable supply chain that is environmentally and socially responsible.
Green Development
We actively respond to the call for ecological civilization, earnestly fulfilling our environmental protection responsibilities. We integrate the concept of green and low-carbon development into all aspects of business operations and management, contributing to China's goals of "carbon peaking and carbon neutrality".
Case Study 1: Launch of the LED "Carbon" Initiative
In 2023, QSTECH, a subsidiary of CVTE, launched the LED "Carbon" Initiative, establishing a carbon footprint system and building a "green full-chain" model that integrates energy-saving and environmentally friendly design concepts into the company's strategic development. It is estimated that the full range of products can help users save of electricity annually, equivalent to planting13,022 hectaresof broad-leaved forest on Earth.
As a leading brand in LED display technology, QSTECH participated in drafting the "Minimum Energy Performance Standards and Energy Efficiency Grades for Displays" led by the National Technical Committee on Energy Foundation and Management Standardization (TC20) and was recognized by the Ministry of Industry and Information Technology as a "Carbon Neutrality Commitment Demonstration Unit". Currently, the company's latest generation of LED AIO machines, featuring innovative power management technology and dynamic backlight adjustment algorithms, has achieved China Energy Label Level 1 Certification.
Case Study 2: Actively Exploring the Power Electronics Business
Power electronics technology is a key driver of energy transformation and intelligent development. Building upon our technological expertise in component businesses, we have continued to increase investment in the power electronics sector. With residential energy storage inverters as the core of our product portfolio, we uphold the vision of "Green Energy, Warm Life" and the mission of "Technology-led, Quality-assured — Powering users with peace of mind". We are committed to developing high-efficiency, reliable, intelligent, and environmentally friendly energy solutions.
We are actively conducting pilot projects for new energy storage systems. Through participation in electricity trading, data monitoring, automated optimization control strategies, and the development of intelligent data operation and maintenance platforms, we are building low-carbon industrial parks. By leveraging the EMS cloud platform, we monitor renewable energy generation and energy storage discharge, accumulate carbon credits, and participate in carbon trading. This effectively offsets the carbon footprint of industrial parks and promotes carbon reduction for individuals, enterprises, and society, contributing to the creation of a greener world.
Case Study 3: Intelligent Manufacturing Factory
Our intelligent manufacturing base for interactive display and control products aligns with the national green factory standards. Throughout the planning, design, and construction processes, we fully integrated green and environmental protection principles, adopting Building Information Modeling (BIM) tools, eco-friendly construction techniques, and green building practices. The plant's prefabrication rate has reached 70.2%.In terms of energy utilization, solar photovoltaic panels have been installed on the rooftop of the podium building, with an expected annual power generation capacity of up to2.2 million kWh.Additionally, our intelligent manufacturing factory is equipped with advanced online automated aging systems featuring energy recovery capabilities, achieving an energy recovery rate of up to60%.Currently, multiple automated aging systems have been deployed across the factory's production lines. Under full-load operation, these systems can save up to1,260 kWh，of electricity per day, significantly reducing production energy consumption.
Encouraging Innovation
We have established a mature innovation and entrepreneurship incubation mechanism to encourage qualified innovative projects to implement employee stock ownership programs (ESOPs). This initiative aims to further stimulate employees' creativity and entrepreneurial spirit, align the interests of employees with those of start-up ventures, and promote shared growth and mutual success.
All data above are based on internal statistics as of 2024.