On August 1, Huaxi Bio successfully held its 2025 company anniversary celebration in Jinan under the theme “Gathering Strength, Breaking Through Upwards.” Notably, this event marked Huaxi Bio’s first-ever “carbon-neutral” company anniversary since its establishment 25 years ago, achieving full carbon neutrality and obtaining a verification certificate issued by third-party certification body SGS. The carbon-neutral service was provided by Carbon Newture.

Huaxi Bio (688363.SH), founded in 2000, is a biotechnology company that starts from global life sciences basic research, focusing on two fundamental disciplines: glycobiology and cell biology. Through R&D innovation and industrialization advantages in the field of synthetic biology, the company provides scientific solutions for life and health. Starting from upstream R&D of biomaterials, Huaxi Bio integrates raw material production and brand development, exploring the full value-chain transformation of biomaterials to fulfill its mission of “making every life vibrant.”

01 Huaxi Bio hosts its first “Carbon-Neutral” company anniversary

In 2019, China’s Ministry of Ecology and Environment issued the Guidelines for Carbon Neutrality in Large-Scale Events (Trial), filling the regulatory gap for carbon-neutral large events. The guidelines require events to define GHG accounting boundaries (preparation, implementation, and closing stages), estimate GHG emissions, propose reduction measures, and clarify offsetting approaches. Subsequently, local governments actively responded by issuing related policies for large-scale event carbon neutrality (see appendix for selected local documents and targets).

Guided by policy, the public has gradually become aware of the climate impact of large-scale events, and an increasing number of events are achieving carbon neutrality—from the China International Import Expo and the Hangzhou Asian Games to the recent carbon-neutral “Super Suzhou,” and now Huaxi Bio’s carbon-neutral anniversary. Encouraged by the company, Huaxi Bio employees actively participated throughout the carbon-neutral celebration, effectively enhancing awareness of green and low-carbon practices.

Huaxi Bio embeds green technology into all aspects of production and operations. The successful 2025 anniversary celebration themed “Gathering Strength, Breaking Through Upwards” demonstrates Huaxi Bio’s proactive response to national green and low-carbon policies and marks a milestone in its low-carbon transformation journey.

At the event, Huaxi Bio expressed gratitude to all employees who contributed to the carbon-neutral celebration, announced the achievement of full carbon neutrality, and presented the carbon-neutral verification certificate.

02 From internal operations to the full value chain: deepening Huaxi Bio’s sustainability strategy

In response to global climate change, Huaxi Bio has elevated sustainability to a company-level strategic priority, integrating it into every aspect of operations. The carbon-neutral anniversary represents a key step in organizational-level emissions reduction and low-carbon goal achievement, reflecting a snapshot of the company’s broader sustainability strategy as a globally influential biotechnology leader.

To better implement emission reductions, Huaxi Bio has established a climate strategy framework and set a target to reduce total organizational emissions within operational boundaries by 2030. Meanwhile, the company actively discloses climate management and performance on platforms such as CDP, achieving a B rating in climate change and A- in water security, demonstrating its commitment to climate action and improved energy and resource management, contributing to global sustainable development.

Huaxi Bio Climate Strategy Framework (Source: Huaxi Bio 2024 Sustainability Report)

Beyond internal operations, Huaxi Bio actively promotes green transformation across the entire value chain. Embracing openness and collaboration, the company works with partners throughout the industrial chain to convey green and low-carbon consumption concepts. In 2024, Huaxi Bio conducted its first accounting of value chain (Scope 3) emissions and disclosed the results in its sustainability report.

Huaxi Bio GHG Emissions Overview (Source: Huaxi Bio 2024 Sustainability Report)

Huaxi Bio extends its green impact across upstream and downstream supply chains, urging suppliers to address climate risks and opportunities, implement conservation and substitution measures, adopt green energy, and reduce GHG emissions. Through surveys, the company collects and evaluates suppliers’ emission data and reduction efforts.

To implement circular economy principles, Huaxi Bio integrates sustainability into product packaging, continuously exploring and using biodegradable and recyclable materials to reduce carbon emissions at the packaging stage. Multiple brands have launched refillable and bulk-pack products to reduce single-use and glass packaging. The “Empty Tube Recycling” program under the Runbaiyan brand exemplifies sustainable packaging in practice.

This program has been running for five years. By distributing unrestricted coupons and exchanging empty tubes for products, consumers are encouraged to engage in green consumption. Collected tubes are sent to recycling facilities for remanufacturing into sustainable peripheral products. By December 2024, over 140,000 participants had returned more than 15.63 million tubes, weighing 23.45 tons. In 2024, Runbaiyan expanded the program to accept empty tubes year-round, regardless of brand, embedding sustainability and circular economy principles into everyday consumer behavior.

Driven by technological innovation and its responsibility as a “supply chain lead,” Huaxi Bio sets clear carbon targets and establishes a comprehensive climate strategy, from internal operations to driving full value-chain green transformation, systematically fulfilling its sustainability commitments.

Low-carbon and green development is an inevitable path for Huaxi Bio. On the company’s 25th anniversary, this carbon-neutral celebration summarizes its past green journey and marks the starting point toward its 2030 targets and China’s 3060 goals. Moving forward, Huaxi Bio will continue to uphold sustainability, strengthen ESG management, and advance its strategic development, creating greater value and contributing to a low-carbon China.

Appendix:

Selected local government documents and policy targets on event carbon neutrality (compiled by Carbon Newture)