BEIJING, Dec. 28,
2023 /PRNewswire/ -- iHuman Inc. (NYSE: IH) ("iHuman"
or the "Company"), a leading provider of tech-powered, intellectual
development products in China,
today published its first environmental, social and governance
(ESG) report, covering its ESG activities in 2022. The report
provides comprehensive information on the Company's ESG governance
mechanisms and details its performance across a range of
environmental and social indicators.
Dr. Peng Dai, Director and Chief
Executive Officer of iHuman, commented, "At iHuman, our commitment
to fostering the next generation extends beyond providing
high-quality intellectual development tools – we also aspire to
leave behind a cleaner planet and a more equitable society. This
mission permeates in every aspect of our operations and has now
been formalized in our comprehensive upgraded ESG governance
structure. The publication of our first ESG report represents a
significant milestone in our corporate history."
Key highlights from the report include:
- Safeguarding minors: iHuman's app-based products protect
children's well-being through eye-protection functions, and
include features such as daily usage time limits, session closure
settings, late-night reminders, and parental verification
requirements.
- Product compliance and quality: all intellectual
development content undergoes a rigorous vetting process
to ensure it is safe, appropriate, wholesome, and aligned with
children's intellectual development needs. The Company focuses on
creating highly interactive products that are edutaining,
accessible, and cultivate children's knowledge and curiosity.
- Information security & data privacy: the Company has
established robust management systems and incident response
mechanisms to maintain cybersecurity and safeguard user data. All
employees received training courses covering these topics and were
required to take security awareness exams.
- Climate action: iHuman completed an initial inventory of
its greenhouse gas emissions throughout the entire operations,
establishing a baseline for future emissions reduction efforts. The
Company uses green materials in product design and encourages
children to care for the Earth through its content.
- Gender equality: more than 50% of iHuman's workforce is
female, and three out of the six members of the Company's board of
directors are female, including the Company's chief financial
officer. All product content undergoes scrutiny to prevent
discrimination of any type.
- Reducing inequality: iHuman strives to make its products
cost-effective and accessible to as many families as possible,
ensuring equal access to high-quality intellectual development
tools for children. In 2022, iHuman contributed funds and resources
to schools in remote regions such as Yunnan and Guizhou. The Company also launched an
employee-led volunteer teaching program in these areas in
collaboration with charitable organizations, helping children
broaden their understanding of the world.
The full English-language report can be found on iHuman's
investor relations website at https://ir.ihuman.com/.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the
United States Private Securities Litigation Reform Act of 1995.
These forward-looking statements can be identified by terminology
such as "will," "expects," "anticipates," "future," "intends,"
"plans," "believes," "estimates" and similar statements.
Statements that are not historical facts, including statements
about iHuman's beliefs and expectations, are forward-looking
statements. Among other things, the description of the management's
quotations in this announcement contains forward-looking
statements. iHuman may also make written or oral forward-looking
statements in its periodic reports to the U.S. Securities and
Exchange Commission (the "SEC"), in its annual report to
shareholders, in press releases and other written materials, and in
oral statements made by its officers, directors or employees to
third parties. Forward-looking statements involve inherent risks
and uncertainties. A number of factors could cause actual results
to differ materially from those contained in any forward-looking
statement, including but not limited to the following: iHuman's
growth strategies; its future business development, financial
condition and results of operations; its ability to continue to
attract and retain users, convert non-paying users into paying
users and increase the spending of paying users, the trends in, and
size of, the market in which iHuman operates; its expectations
regarding demand for, and market acceptance of, its products and
services; its expectations regarding its relationships with
business partners; general economic and business conditions;
regulatory environment; and assumptions underlying or related to
any of the foregoing. Further information regarding these and other
risks is included in iHuman's filings with the SEC. All information
provided in this press release is as of the date of this press
release, and iHuman does not undertake any obligation to update any
forward-looking statement, except as required under applicable
law.
About iHuman Inc.
iHuman Inc. is a leading provider of tech-powered, intellectual
development products in China that
is committed to making the child-upbringing experience easier for
parents and transforming intellectual development into a fun
journey for children. Benefiting from a deep legacy that combines
over two decades of experience in the parenthood industry, superior
original content, advanced high-tech innovation DNA and research
& development capabilities with cutting-edge technologies,
iHuman empowers parents with tools to make the child-upbringing
experience more efficient. iHuman's unique, fun and interactive
product offerings stimulate children's natural curiosity and
exploration. The Company's comprehensive suite of innovative and
high-quality products include self-directed apps, interactive
content and smart devices that cover a broad variety of areas to
develop children's abilities in speaking, critical thinking,
independent reading and creativity, and foster their natural
interest in traditional Chinese culture. Leveraging advanced
technological capabilities, including 3D engines, AI/AR
functionality, and big data analysis on children's behavior &
psychology, iHuman believes it will continue to provide superior
experience that is efficient and relieving for parents, and
effective and fun for children, in China and all over the world, through its
integrated suite of tech-powered, intellectual development
products.
For more information about iHuman, please visit
https://ir.ihuman.com/.
For investor and media enquiries, please contact:
iHuman Inc.
Mr. Justin Zhang
Investor Relations Director
Phone: +86 10 5780-6606
E-mail: ir@ihuman.com
Christensen
In China
Ms. Alice Li
Phone: +86-13381389369
E-mail: alice.li@christensencomms.com
In the US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
E-mail: linda.bergkamp@christensencomms.com
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SOURCE iHuman Inc.