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On December 27, the Third New Era Capital Forum was held grandly in Shangri-La Hotel Beijing. At the Golden Horse Award Ceremony of the Forum, VV Food & Beverage Co., Ltd., with humanistic products and services and a strong sense of social responsibility, won "The Most Socially Responsible Vanguard of the Public Good of Golden Horse Award".

Themed with "Consolidation and Innovation: Boost the Capital Market", the Forum, an annual high-end summit in the Chinese securities industry initiated and organized by Securities Daily, discussed in depth hot topics with respect to deepening the reform of the capital market on all sides to help the capital market advance despite difficulties.

The "Golden Horse Awards" given out at the Forum were especially for enterprises and individuals who have a profound influence on the Chinese capital market. The award "Most Socially Responsible Vanguard of the Public Good" is to commend outstanding enterprises who have continued to fulfill their social responsibilities on the capital market in the new era, which poses higher demand on candidate enterprise in terms of performance in public good, corporate culture and environmental protection.

Social Responsibility Management System with strategic advantages

VV Food & Beverage Co., Ltd. attaches great importance to the fulfillment of corporate social responsibility and knows very well that only a humanistic and responsible enterprise can do better and go farther. The company has established and improved its Social Responsibility Management System, which includes the fulfillment of corporate social responsibility into its strategies, policies and specific production and management practices and lays down clear division of work to ensure the fulfillment of corporate social responsibility. While maximizing shareholder value, the company actively fulfills its social responsibility as a food manufacturing enterprise and maintains a harmonious, trusted, mutually beneficial, win-win relationship with relevant stakeholders.

Safe production and green development

Since safety is the red line, the bottom line and the lifeline of an enterprise, the company has always been implementing the safe production policy in every link of production and management, strictly abiding by the laws and regulations on public accountability and earnestly carrying out food safety control measures. The company has successively established the ISO9001 quality management system certification, ISO22000 food safety management system, GB/T27341 hazard analysis and critical control point (HACCP) system and has been certified by relevant third party institutions. It has laid down the food safety and quality policy of "pursuing excellent quality, maintaining natural and pure attributes, meeting customer demands and creating a healthy life". In 2004, the company established food safety research institutes with Japanese and Hong Kong companies to earnestly carry out food safety measures in all links from raw materials to production so as to ensure food safety.

Moreover, following the philosophy of green development, the company has consolidated its efforts on environmental protection. In 2018, in response to the "Blue Sky and Clean Water Campaign" launched by the local government, the company eliminated all its coal-fired boilers and built two 20t/h and one 10t/h gas-fired boilers. The gas-fired boilers, which currently operate normally and meet relevant emission standard, have helped reduce PM emission by over 30%, sulfur dioxide emission by over 60% and oxynitride emission by over 80%. Since the beginning of 2019, the company has installed TP, TN, NH and pH online automatic monitoring devices to further reduce emission risk.

Targeted poverty alleviation

As a humanistic and responsible enterprise, the company has been devoted to public goods. By making use of its own advantages, the company has carried out targeted poverty alleviation by investing in and building plants in poverty-stricken areas such as Korla, Hutubi, Yinchuan and Shangluo of Shaanxi in Northwest China and Three Gorges region and Luzhou in Southwest China. The company aims to always adhere to the poverty alleviation. After those projects were completed, the company has actively engaged in raw material acquisition, manufacturing, processing and sales, creating good economic and social benefit.

Winning the Most Socially Responsible Vanguard of the Public Good for Golden Horse Award means the industry's recognition of the company's contribution and accumulation in corporate social responsibility. In the future, the company will continue to carry forward the spirit of being a humanistic and responsible enterprise and create more value for society.