Annex:
Supply chain due diligence policy
The Company adheres to all applicable international and domestic laws and regulations and takes reasonable measures to conduct due diligence in good faith to identify and mitigate any risks of adverse impacts associated with supplier relationships. To this end, we make the following commitments:
Depending on our position within the supply chain, we commit to collaborating with suppliers, central or local government agencies, international organizations, civil society, and affected third parties as appropriate to take significant measures within a reasonable timeframe to prevent or mitigate identified risks and to improve or track performance. If risk mitigation measures prove ineffective and we have reasonable grounds to believe that a supplier is involved in any of the following, we shall immediately suspend or terminate cooperation with the supplier:
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High-risk instances determined by the United Nations and confirmed by the Chinese government;
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High-risk instances determined by other international organizations and other countries (regions), and confirmed by the Chinese government;
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High-risk instances determined by London Bullion Market Association (LBMA) and confirmed by the Chinese government;
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High-risk instances published by the Chinese government;
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Procuring from or being associated with any party that implements serious infringements or violations of human rights;
6. Procuring from or being associated with any party that directly or indirectly provides support to illegal armed groups, public or private security forces;
7. Procuring from or being associated with any party that directly or indirectly engages in bribery or fraud related to the true origin of gold;
8. Procuring from or being associated with any party that directly or indirectly engages in money laundering, terrorist financing, or conflict financing;
9. Being associated, directly or indirectly, with any party that does not comply with environmental and sustainability laws, including sourcing gold from world heritage sites or ecological conservation areas;
10. Being associated, directly or indirectly, with any party that violates government tax and fee policies, or has a poor social credit rating.
11. Beaches of local legislation on environmental, health, safety, labor, or community-related matters, triggering ESG risks with catastrophic impacts.
12. The existence or potential existence of forced labor or the use of child labor;
13. Failure to comply with regulations concerning the payment of taxes, fees, and royalties as required by the government for the mining, trade, and export of minerals sourced from Conflict-Affected and High-Risk Areas (“CAHRA”).
The Company shall not offer, promise, make, or solicit any form of bribery. It shall resist corruption, refrain from participating in money laundering, and shall not engage in any activities that provide financing for conflicts. The Company shall not misrepresent taxes or fees payable to the government, nor shall it engage in bribery for the purpose of obtaining concessions.
The Company welcomes oversight from customers and relevant organizations to ensure its commitment to respecting human rights, contributing to sustainable, fair, and effective development, and fostering a constructive cooperation environment with stakeholders.
Complaint email: pub@dongwugold.com
Dongwu Gold Group Co., Ltd
August 20, 2024