Quzhou, Jun. 17, 2025 - DAS Solar, a leader in N-type PV technology, has officially released its 2024 Environmental, Social and Governance (ESG) Report, providing a comprehensive overview of the company's progress in green manufacturing, technological innovation, corporate governance, and social responsibility.

This marks the company's third consecutive ESG report, which is structured around four pillars—DAS Governance, DAS Innovation, DAS Environment, and DAS Social Responsibility. Guided by the DASGREEN initiative, the company has embedded ESG practices into its strategic planning, operational systems, and global expansion, reaffirming its role as a leading global PV brand committed to a greener and more responsible energy future.

DAS Governance: Strengthening the Foundation with Transparency and Accountability

DAS Solar maintains a transparent, fair, and professional governance approach. The company has built a four-tier ESG governance structure comprising the Board of Directors, Sustainability Committee, ESG Office, and Execution Taskforce, ensuring strategic alignment and effective risk management throughout the organization.

Compliant with the Company Law, Securities Law, and other regulatory standards, DAS Solar has enhanced disclosure practices and investor communications. Women represent 42.86% of board members, reflecting continuous progress in board diversity and expertise. In 2024, DAS Solar achieved ISO-37001 Anti-Bribery Management System certification, with zero incidents of misconduct or bribery reported during the year.

On the business front, the company has demonstrated strong execution of its strategic goals and global coordination capabilities. Backed by its leadership in N-type technology, DAS Solar has achieved consecutive year-on-year growth in both revenue and module shipments, ranking among the TOP10 global PV module suppliers. To support high-quality development, the company is rapidly expanding a distributed smart manufacturing network, while accelerating global operations through subsidiaries in Germany, Japan, and Australia. With a local, responsive, and sustainable service philosophy, DAS Solar is expanding its footprint across Europe, Southeast Asia, the Middle East, and South America.

DAS Innovation: Driving Green Momentum through Technological Excellence

Innovation remains the cornerstone of DAS Solar's development strategy. In 2024, the company continued to champion a technology-driven and efficiency-first approach, spearheading advancements in N-type TOPCon technology. The company's TOPCon cells have progressed from 1.0 to 4.0 Plus, with TOPCon 4.0 Plus cells reaching 26.7% mass production efficiency and 742 mV open-circuit voltage. The N-type modules deliver 610.15W output with 24.02% module efficiency, setting new industry benchmarks in performance and reliability. Widely adopted in utility projects and complex environments, the series has earned global recognition for its consistent energy yield and long-term durability.

While deepening its leadership in TOPCon, DAS Solar is also advancing DBC, TSiP perovskite tandem, and SFOS technologies, forming a "One Core, Three Branches" long-term innovation strategy aimed at achieving 40% cell efficiency in the future.

To foster an innovation ecosystem, DAS Solar has strengthened collaborations with leading institutions including UNSW, Zhejiang University, and Xiamen University, accelerating the commercialization of cutting-edge research. By 2024, the company held 528 active patents across areas such as materials, cell structures, and packaging processes.

With its strong R&D foundation, DAS Solar has built three major scenario-based PV solutions: DAS ECO , DAS Urban, and DAS Floating. These offerings promote integrated solar deployment across desert greening, agriculture, urban architecture, and aquaculture, continuously expanding the boundaries of solar application and forming a diverse, synergistic clean energy ecosystem.

DAS Environment: DASGREEN Strategy Powers Low-Carbon Manufacturing

Sustainability lies at the heart of DAS Solar's operations. Under its DASGREEN strategy, the company has systematically advanced green manufacturing, carbon footprint management, and product recycling, establishing a low-carbon operational framework that spans the entire production process and product life-cycle.

In 2024, DAS Solar's Quzhou and Zhangzhou bases were recognized as Zero Carbon Factory by TÜV SÜD, thanks to their use of green energy, energy-efficient processes, and real-time carbon monitoring systems. With a digital energy management platform, the company achieved full visibility of energy use and improved energy efficiency across all operations.

DAS Solar also made significant progress in module recycling, developing mechanical separation techniques and investing in advanced recycling lines to support a more circular PV economy. Its lightweight modules are 100% recyclable, with a 17.3% lower carbon footprint than conventional products. The company holds international green certifications including French ECS, Italy EPD, and Achilles. Additionally, DAS Solar contributed to the 2024 edition of the China PV Recycling and Circular Economy White Paper, providing in-depth analysis on economic viability and reuse strategies for retired modules.

As of 2024, the company's global module shipments have helped reduce carbon emissions by approximately 57.96 million tons, equivalent to saving 21.04 million tons of standard coal annually, making a lasting impact on the global energy transition.

DAS Social Responsibility: Building a Collaborative and Inclusive Ecosystem

People are the foundation of long-term success. In 2024, DAS Solar delivered over 62,299 hours of training, focusing on workplace safety, career development, and management skills. The company promotes a culture of inclusion, empowering a diverse workforce of women, young professionals, and technical talent to create a resilient and agile organizational structure.

DAS Solar also took active steps to support public welfare and rural revitalization, launching initiatives in educational support, rooftop PV adoption, and clean energy access in rural areas. In 2024, the company's community investment reached ¥14.67 million, demonstrating its commitment to delivering social impact through solar technology.

Sustainability also extends across the value chain. DAS Solar implements green supplier certification programs through audits, communication, and training, encouraging the use of environmentally friendly materials and responsible production. The company deepened partnerships with majorenergy players, jointly developing low-carbon demonstration projects.

To ensure alignment with global ESG standards, DAS Solar worked with TÜV SÜD to verify its 2024 ESG report. The report was officially certified as compliant with the GRI Standards and the Shanghai Stock Exchange's Corporate Governance Guidelines, meeting eight key reporting principles: accuracy, balance, clarity, comparability, completeness, timeliness, verifiability, and sustainability context. This third-party assurance reflects the company's commitment to ESG transparency and marks another milestone in its journey toward responsible business leadership.

In the future, DAS Solar will remain firmly committed to its DASGREEN initiative, continuing to advance green manufacturing, technological innovation, responsible governance, and global collaboration. With smarter, greener, and more reliable module solutions, the company will keep delivering clean energy that powers a net-zero future for all.