Local Community

ENGAGEMENT WITH LOCAL COMMUNITIES

Hebei Hua Ao aims to provide demonstrable improvements to its local communities and host country. It provides economic security by prioritising local hiring. As a good corporate citizen, Hebei Hua Ao’s Community Outreach Department participates in the local communities, listening to feedback and suggestions and providing assistance in accordance with the Community Development Plan. Hebei Hua Ao provides an annual economic contribution of Rmb800m to the PRC through its fixed asset investments and purchases of mining consumables and services. It paid taxes of Rmb195,453,887 ($28m) in 2023. In 2023, Hebei Hua Ao donated a total of Rmb 3.3m to local communities.

Community DONATIONS

Griffin makes community charitable donations to alleviate conditions in the communities where Griffin operates, and deepen Griffin’s relationship with the local community. Since 2010, Griffin has donated flour and rice to the Caijiaying Village every Mid-Autumn Festival, conveying warmth and care through practical actions. In September 2024, Griffin carried out the “Festivals Greeting” campaign, donating Rmb72,000 worth of Mid-Autumn Festival care packages to Caijiaying Villagers, including 950 bags of flour and 600 bags of rice.

COMMUNITY -PROSPERITY

Griffin appreciates that building a harmonious relationship between it and the local community is essential for ensuring successful operations. Griffin adheres to the concept of “actively responding to the national calls and fulfilling social responsibilities” and is committed to the peaceful development of the community. Griffin continues to improve the Community Development Plan and other institutional documents, putting in place relevant policies and processes for social and welfare activities. Griffin engages with the local communities, reacts on feedback and suggestions from the communities, and provides assistance to the neighbouring communities as much as possible. Through close communication and cooperation with local communities and stakeholders, Griffin strives to achieve the balance between Griffin’s own development and that of the local community to achieve common prosperity.

In 2024, the Company donated a total of Rmb3,411,300 to local communities.

Spring Festival gala img griffin mining

Community Care

Griffin regards support to the local community and its residents as a key responsibility to achieving common development and harmonious relations. Griffin actively engages in and supports education within the local community, providing support for the future development of young people and to help them grow. Griffin has established the “Hua Ao Hope Scholarship” to reward graduates from high schools. In 2024, Griffin invested approximately Rmb624,300 in residents’ pension subsidies to improve their living conditions. Through the Hebei Youth Development Foundation, Griffin directly donated Rmb98,000 to support college students from No.3 Township, encouraging the academic development of young students.

COMMUNITY Contribution

Griffin actively contributes to the prosperity of the community and helps improve the living environment of the residents in the surrounding communities. To help Caijiaying Village solve the problem of poor street lighting, Griffin has been installing solar photovoltaic street lamps in the Caijiaying Village. In 2024, Griffin invested Rmb60,000 to replace and repair street lamps in the Caijiaying Village, improving the living conditions of the residents.

Community Development

Griffin continues to carry out various community projects such as agricultural assistance, construction and welfare support, thereby promoting community development reflecting Griffin’s care for the local community. In 2024, Griffin invested Rmb1,857,000 repairing local housing. Griffin also invested Rmb700,000 in a community fund to support infrastructure construction around the mining area.

Griffin intends to continue contributing to the local community through welfare, community construction and other projects to build a more sustainable and better society.