Development Strategy
Aligned with national policies, market demands, and its operational expertise, the Company has formulated a strategic transformation and upgrading plan. The goal is to consolidate its high-end equipment business by advancing independent R&D and technological innovation, leveraging artificial intelligence to catalyze new quality productive forces. Focusing on premiumization, intelligence, and sustainability, the Company aims to develop strategic and core products while enhancing competitiveness through partnerships and business model innovation. This will drive the transition toward intelligent, digital, automated, and eco-friendly operations. Additionally, the Company will actively support China's Belt and Road Initiative, further prioritizing high-end equipment to strengthen its market leadership in bulk material handling equipment, offshore engineering equipment, and port lifting equipment.
RAINBOWCO places great emphasis on green development and consistently adheres to the management principle of "protecting the environment and utilizing resources rationally." Environmental protection is deeply integrated into the Company's strategic framework for sustainable development. Grounded in strict compliance with national environmental laws and regulations, the Company actively improves the environmental management system, commits to the rational use of resources, proactively prevents pollution risks, and fully promotes the development of environmentally friendly products, services, and solutions. We strive relentlessly to achieve progress in both economic and environmental aspects.
Complete Environmental Management System
The Company has established an environmental management system in accordance with the ISO 14001 Environmental Management System standard and developed a series of environmental management-related regulations, including the Environmental Management Regulations, Environmental Protection Emergency Plan, Waste Gas Emissions and Noise Control Management Measures, Wastewater Discharge Management Measures, Water Pollution Prevention and Control Management Measures, Waste Management Measures, and Environmental Factors Identification, Evaluation, and Control Regulations. These regulations cover waste generation aspects across all process flows, involving the identification of environmental factors, environmental protection inspections, employee environmental education and training, as well as the management and control of "three wastes" (waste gas, wastewater, and solid waste) emissions and treatment. The effective implementation of environmental policies and the continuous improvement of environmental management standards are ensured by standardizing environmental practices across the entire company.
In accordance with system management requirements, the Company has compiled an integrated operational comprehensive management manual that covers multiple aspects of environmental management. This manual serves as a regulatory document to guide environmental control and supports the implementation of goals and plans. Additionally, the Company has established a top-down environmental management structure that clarifies the responsibilities and authorities of each department and position. It organizes subsidiaries to conduct internal and external audits to supervise the execution of environmental policies and EHS (Environment, Health, and Safety) work.
Subsidiaries of the Company actively carry out environmental protection work and adopt green operational measures, such as hazardous waste disposal and steam recovery, sludge drying treatment, and biomass power generation, aiming to reduce emissions and transform waste into resources. During operations, the subsidiaries accurately identify pollution sources, strictly control greenhouse gas and other emissions, and implement environmental protection goals.
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