Chinasoft International Limited — full event log
Every event we have on file across every reporting year. The Data-by-year tab summarises the top 10 per year; this page shows them all.
← back to Data by year2024· 9 events
Impairment losses under ECL model net of reversal increased 133.4% YoY to RMB273.9 million in 2024 (vs RMB117.3 million in 2023), mainly due to significant individual provisions for trade receivables and contract assets.
sustainability_report p.45
The Group has actively explored the use of clean energy by purchasing green electricity for use in its owned and leased office premises, which effectively reduces greenhouse gas emissions from conventional electricity and helps optimise the energy mix. Charging piles have been installed at the Xi'an park and Nanjing Jiangning office sites to facilitate employee use of new energy vehicles. In 2024, 6 of the Group's newly purchased vehicles were new energy models; 5 fuel vehicles were simultaneously scrapped. The Group plans to gradually replace 80% of its fuel vehicles with new energy vehicles in the next 10 years.
sustainability_report p.121
The Group implements a range of energy-saving measures in its office operations including: selecting buildings with energy-saving technologies, using LED energy-saving lamps in all office areas, implementing the 'Five-Off' system requiring employees to switch off computers and screens before leaving, scheduling air-conditioning operating hours based on actual needs, and installing timer switches at the Xi'an base to automatically switch off air conditioning and heating equipment at night, on weekends and during holidays. The Group also prioritises online meetings to reduce business travel and associated indirect emissions.
sustainability_report p.118
Using 2021 as the base year, the Group has set a target for greenhouse gas emissions per RMB million operating income, comprehensive energy consumption per RMB million operating income, and water consumption per RMB million operating income to remain stable over the next five years. In 2024, GHG intensity was 1.65 tCO2e/million RMB revenue, down from 1.83 in 2023 and 1.19 in 2022. The Group formulated a 'Carbon Neutrality' planning programme and identifies climate risks in accordance with the TCFD disclosure framework.
sustainability_report p.115
The Group places recycling baskets for keyboards, mice, power cords and connection cables in office areas, reuses computer hard disks and equipment parts after remodelling, and reduces electronic equipment purchases by adopting equipment leasing. During 2024, 18,809 pieces of computer spare parts were recycled and reused. The Group also actively promotes paperless office through electronic contract signing, electronic certificates and advertising machines in lieu of printed materials.
sustainability_report p.116
The Group leverages its expertise in IT services to provide customers with digital tools for carbon emission management. In 2024, the Group launched a low-carbon smart park solution relying on AI, cloud computing, IoT, big data and 5G, building a carbon digital infrastructure with a carbon audit engine at its core. The solution enables accurate quantification, real-time monitoring and efficient management of carbon emissions for government, regions, and enterprises. The Group also promotes sustainable supply chain practices requiring suppliers to set clear carbon reduction paths, use clean energy, and adopt electric vehicles in logistics.
sustainability_report p.121
The Group has actively explored the use of clean energy by purchasing green electricity for use in its owned and leased office premises, which effectively reduces the greenhouse gas emissions generated from the use of conventional electricity. Green electricity certificate evidence shown in the ESG report.
sustainability_report p.122
In 2024, the Group purchased 6 new energy models and scrapped 5 fuel vehicles. The Group plans to gradually replace 80% of its fuel vehicles with new energy vehicles in the next 10 years.
sustainability_report p.121
Revenue declined 1.0% YoY to RMB16.95 billion in 2024. The decline was mainly affected by the economic environment and continued impact of pricing reductions by major clients in the second half of 2023, which led to a decline in overall profitability. Gross margin fell from 23.4% to 22.1%.
sustainability_report p.43
2023· 15 events
The Group purchased 48,000 kWh of green electricity in 2023 for its own and leased office premises, obtaining green electricity certificates. It has also installed EV charging piles at its Xi'an industrial park and Nanjing Jiangning sites to facilitate employee use of new energy vehicles. The Group plans to gradually replace 80% of its fuel vehicles with new energy vehicles over the next 10 years, while continuing to increase the proportion of renewable electricity usage to reduce carbon emissions.
sustainability_report p.103
The Group fully implements the online work mode concept and actively uses the WELINK digital platform for office collaboration to reduce indirect greenhouse gas emissions from employee travel. Online meetings, phone calls and emails are promoted as alternatives to physical travel. In procurement, 20 out of 25 tenders in 2023 were conducted via WeLink online tendering, reducing business travel for procurement processes.
sustainability_report p.99
In December 2023, the Group disposed part of its intelligent park business at a consideration of RMB70,000,000 to Shenzhen Spacei Cloud Technology Co. Ltd. The Group simultaneously purchased 18.37% shares with preferential rights in Spacei Cloud for RMB90,000,000.
sustainability_report p.215
Greenhouse gas emissions from employee travel in 2023 increased significantly to 11,799 tCO2e from 1,654 tCO2e in 2022. Increase partly due to post-COVID recovery in business travel and in addition to aircraft emissions, carbon dioxide from taxis, trains, accommodation and other travel methods were also included in the accounting.
sustainability_report p.101
The Group implements a range of green office initiatives including LED lighting in all office areas, a 'five turn-offs' policy for electrical equipment after working hours (achieving nearly 100% compliance), turning off building landscape lighting to save approximately 20,000 kWh, reducing heating area by 6,015 square meters in unused spaces, and keeping air-conditioning in energy-saving mode. These efforts have contributed to a reduction in total electricity consumption from 3,861 million kWh in 2022 to 3,341 million kWh in 2023.
sustainability_report p.101
Since 2023, the scope of Scope 3 travel statistics was extended to include carbon dioxide emissions from travelling by taxi, train and accommodation, in addition to aircraft emissions. This caused the business travel figure to jump from 1,654 tCO2e in 2022 to 11,799 tCO2e in 2023.
sustainability_report p.118
Chinasoft launched a 'Smart Zero Carbon One-Stop Solution' using a carbon accounting engine as the digital base, covering smart city, smart energy, smart industrial parks, education, transportation and construction scenarios. The Group also entered a strategic partnership with SPIC (world's largest new energy operator) to build a safe, efficient, clean and low-carbon distributed energy digitalization platform covering 'energy management, carbon energy, energy efficiency and energy empowerment' applications, targeting China's carbon peak and carbon neutrality goals.
sustainability_report p.81
In June 2023, the Group disposed of its 100% equity interest in Chinasoft Interfusion Inc. (CSIUS) to release resources for expansion of other businesses. Gain on disposal of RMB1,044,000 recognised.
sustainability_report p.233
In December 2023, the Group disposed part of its intelligent park business at a consideration of RMB70,000,000 and simultaneously purchased 18.37% preferential shares in the acquiree Spacei Cloud. Gain on disposal of business of RMB70,000,000 recognised.
sustainability_report p.207
Group proactively released low-margin and low-value personnel as part of strategic transformation. Total headcount fell from 82,140 to 69,976, a decline of 14.8%. Average employees fell 12.7% to 76,058.
sustainability_report p.35
The Group actively explored the use of clean energy by purchasing 48,000 kWh of green electricity for its own and leased office premises, obtaining green electricity certificates. Plans to gradually replace 80% of fuel vehicles with new energy vehicles over next 10 years.
sustainability_report p.103
The Group reduced paper usage by 29.87% compared to the previous period through measures including electronic contract signing, electronic exit certificates, electronic advertising machines, double-sided printing policies, and WeLink digital platform for online collaboration. The Group also operates recycling baskets for IT equipment parts, with 18,809 pieces of computer spare parts recycled and reused during the reporting period, and partnered with certified enterprises for unified recycling of electronic waste.
sustainability_report p.99
Chinasoft provides integrated operation and control platforms for industrial parks, including energy consumption management projects with full-volume monitoring of water, electricity, natural gas and heat. In a flagship hospital district project, the Group's energy management solution helped reduce overall energy consumption of the park by 15% through data-driven measurement of electricity consumption. The platform provides energy overview, alarms, analysis, trend analysis and comparative analysis to support integrated energy management.
sustainability_report p.79
In June 2023, the Group disposed of its 100% equity interest in Chinasoft Interfusion Inc. for consideration of RMB2,529,000. The disposal was completed on 30 June 2023. Purpose was to release resources for expansion of other businesses.
sustainability_report p.215
In 2023, the Group launched the SP304 strategic plan explicitly embracing AIGC industrial revolution and binding to Huawei's transformation role. The plan established a 1+3 business matrix: Intelligent Cloud as foundation, AIGC/model factory, HarmonyOS AIoT/digital twins, and ERP consulting.
sustainability_report p.4