The Company has always grown together with its supplier partners in the spirit of sustainable operations, continuously deepening these relationships so that environmental protection, health and safety, and ethics extend up and down the supply chain. As a buyer, we use our purchasing power to influence suppliers positively, jointly creating a high-quality business model that meets every dimension of corporate social responsibility.
Beyond baseline requirements for quality and delivery, we expect our suppliers to take labor, health and safety, environmental protection, ethics and management systems seriously and put them into practice, building a green supply chain and a sound working environment together.

【Implementation Status】

Policy

Screen new suppliers using local standards.

Commitment

Concrete, effective mechanisms and measures to maintain the number of local suppliers.

Short-term goals

Assess additions to / replacements of local suppliers (raw materials, supplies, equipment, outsourced items and transportation);

Raw-material KPIs: on-time delivery rate 94%, acceptance rate 99.7%, annual purchase volume 126,000 tonnes;

Supplies KPIs: on-time delivery rate 86%, class A/B mold acceptance rate 96%, 12 supplier quality improvements per year.

Medium- and long-term goals

  1. Quality-driven supplier assessment and selection.
  2. Purchase from suppliers of green, environmentally friendly raw materials.
  3. Evaluate raw-material suppliers once a year.
  4. Evaluate class A supplies suppliers once a year and class B suppliers every two years.

Strategy

Resources invested: annual supplier assessments and audits.

Concrete outcome: the qualified-supplier list.

Evaluation mechanism

Annual supplier assessments and audits

Supplier Management Policy (Chinese only)