Glodon releases the 2020 Social Responsibility Report, showing its achievements as an industry pioneer

Recently, Glodon, the global leading digital building platform provider, has released its 2020 Social Responsibility Report for the second year in a row. The report includes its achievements last year in various areas such as corporate governance, fighting against the epidemic, innovation-driven and low-carbon development, quality service, care for employees, and contributions to a  harmonious society, showing our image as a responsible leading corporation in the digital construction industry in the new era.

The year 2020 is an extraordinary year, and it is also the first year of Glodon’s Eighth Three-Year Plan. Facing the huge impact caused by the COVID-19 pandemic on economic and social development, Glodon has consistently embodied an enterprising spirit and the concept of win-win cooperation and has adhered to its principles of hard work and putting the customer first. In accordance with the Eighth Three-Year Plan, we have steadily promoted business development, facilitated the digital transformation and advancement of the construction industry, and actively fulfilled our social responsibility. In this way, we have made tremendous achievements in many areas, including promoting corporate governance and improving innovation-driven and low-carbon development, which are fully recognized by the whole industry.     

With the principle of openness, fairness,  and impartiality,  we are able to communicate with investors without barriers.

In recent years, we have continuously improved our corporate management and corporate governance framework and clearly defined the rights and responsibilities of shareholders, the board of directors, the board of supervisors, and the senior management, enabling each party to operate independently with effective checks and balances. This has not only enhanced the efficiency of decision-making but also reduced the operational risks of our enterprise. In 2020, we have held four general meetings of shareholders, and the number of participating small and medium-sized shareholders as well as the turnout rate of institutional shareholders has gradually increased. Moreover, we have completed the transition of the board of directors and introduced industry experts as directors to better support the development of the company.

Glodon stays committed to the protection of investors' rights and interests. Over the years, we have constantly implemented a system of information disclosure with the principle of openness, fairness, and justness, a sustained and stable cash dividend policy, and various forms of exchange activities in order to keep open channels of communication with investors. From May 2010, when Glodon went public, to the end of 2020, the company has carried out cash dividends 11 consecutive times, with the total amount of dividends reaching 2.145 billion yuan. Last year, we carried out more than 130 online and offline investor exchange activities and held investor conferences for many consecutive years to discuss our further development with investors. On May 5, the "National Investor Protection Publicizing Day", Glodon, by overcoming difficulties  related to COVID-19 , invited the chairman and senior managers to introduce the company's strategic development plan for the next three years to investors and media at home and abroad via online broadcast. In addition , we are also committed to practicing the protection of investors' legitimate rights and interests in the new Securities Law.

Our ability to prevent and control  risk  depends on our business administration. Glodon has established a complete and effective internal control system to ensure the successful , orderly, and compliant operation of business and management activities. In 2020, we carried out an anti-corruption campaign and set up a Glodon Sunshine Integrity website, and joined the Trust and Integrity Enterprise Alliance, in which hundreds of well-known enterprises make joint efforts to build an honest, civilized, clean, and disciplined  business environment.

Glodon spent 1.339 billion yuan on R&D to facilitate innovation-driven development.

Since its establishment, Glodon has always been committed to providing digitalization services  in the construction industry worldwide and promoting the transformation and upgrading of the construction industry". What’s more, we have also applied ourselves to industrial innovation, manifested scientific prowess, and produced a variety of scientific results  to facilitate the progress of the whole industry. In 2020, we have continued to take "Making Every Project A Success" as the core goal in the process of realizing  the  transformation and upgrading of the construction industry and actively carry out scientific research innovation. In addition , for the first time, we have acted as the leading unit of national key research and development projects and undertaken the    Key Technology Research and Demonstration of CIM Platform  project , which is a key project of the National Key Research and Development Program on the Internet of Things and Key Technology and Demonstration of Smart Cities .

As the initiator and  a  practitioner of "digital building", Glodon actively organized industry conferences and invite d  partners to discuss the direction  of the construction industry in 2020, including the China Digital Construction Summit, the First China Construction Industry "New Infrastructure" Leading Digital Project Summit, the First China Construction Industry Digital Transformation CIO Online Conference, the Digital City Branch of China Real Estate Chamber of Commerce 2020 Annual Meeting. At the same time, we have cooperated with well-known enterprises in the industry as well as top scientific research institutions in the construction industry, such as the National Mayors Research Institute, Tongji University, South China University of Technology, etc., to advance theoretical research and application promotion of new technologies.

As a leading technology enterprise in the construction industry, Glodon has always focused on scientific research, adhered to  continuous investment in key core technologies, implemented the multi-wheel technology strategy of "independent research and development, cooperation, and investment and acquisition", and built an independent intellectual property system. Last year, Glodon's total R&D investment  reached 1.339 billion yuan, accounting for 33.93% of its operating revenue. By the end of 2020, we  established 6 R&D centers. In addition , one of the patents   that our technical team  applied for , “object rendering material substitution method and material substitution device ” , won the 2020 Excellent Engineering Construction Patent  prize . More importantly, we were identified as a "Beijing intellectual property pilot unit" thanks to our technological and patent innovation abilities in the field of building informatization.  

Embracing low-carbon development, Glodon aims   to construct green, smart, and livable buildings.

Over 40   year s of  rapid development, the construction industry has played  an increasingly important role in supporting the development of the national economy. However, there are several challenges to its healthy  development , such as car less management, low efficiency, large amounts of waste, excessive energy consumption, and insufficient scientific and technological innovation. Moreover , in 2020, China announced that it would strive to achieve carbon neutrality before 2060, which has place d  greater demands on the construction industry’s future development.

Glodon stays committed to promoting   digital building through the development of science and technology. With the help of advanced information technology, we have established an Internet platform for the construction industry ;  promoted the construction of engineering projects with better outcome s , higher speed, better quality and lower cost s;  strived to achieve the goal of reducing carbon dioxide emissions by 50% ;  and facilitate d  the construction of green, smart and livable buildings.

In the past year, many of our digital products and services have played an important role in reducing construction costs, shortening construction periods and transitioning to intelligent operations.

The Glodon R&D and industrialization base of smart construction products , located in   the economic and technological development zone  of  Xi’an, Shaanxi, is still under construction and has become a representative green and smart building in the city of Xi’an. What’s more, it has become a model of   applying   smart building technologies and concepts throughout the whole life cycle of the project, which has attracted attention within and outside of the industry.

As an enterprise with a sense of social responsibility, Glodon always attaches importance to the harmony and unity between industrial operation and environmental protection, and makes use of energy management system s  in building design ,   as well as intelligent office operation system to continuously improve the efficiency of using environmental resources. For example, we insisted on using intelligent control and management system s  in daily operation s , such as a fire intelligent control and prevention system, ground source heat pump control system, intelligent lighting system, solar water heating system, air conditioning management system, etc., which effectively reduced office energy consumption and saved non-renewable resources.

We also actively participated  in the first line of epidemic prevention and control, demonstrating our responsibility in assisting epidemic areas, promoting prevention and control of COVID-19, and facilitating work resumption, so as to support the national fight against COVID-19. At the same time, we have also actively responded to the call of the state and taken concrete actions to give back to society and serve the people, such as carrying out targeted poverty alleviation and supporting rural revitalization.

The wheels of history move forward, and the tides of the times roll on. From the first startup to the second startup, Glodon has helped budgeters  get rid of the constrain ts  of calculators and become a global digital building platform service provider. W e have continued to learn , practic e , reflect , innovate  and stay  committed to our final goal. In the future, we will work harder to realize our dream, “Making Every Project A Success”, contribute to the digital transformation and upgrading of the construction industry, and advance the construction of green, smart, and livable buildings.