2025 Annual Responsible Procurement Report of Hefei Jingshen Precision Technology Co., Ltd.

2025-07-01


I. Company Information

Hefei Jingshen Precision Technology Co., Ltd. is a subsidiary of Suzhou Chunqiu Electronics (stock code: 603890), located at No. 190 Zhongtang Road, High-tech Zone, Lujiang County, Hefei City. It is a key investment attraction enterprise of the Lujiang County Government in Hefei City, focusing on the assembly, injection molding, mold, automotive parts, and hardware stamping production, processing, and sales of magnesium-aluminum alloy electronic appliances. It also designs and manufactures etched, ED (electrophoresis), anodized, painted, and gold-plated appearance parts; provides technical services in the computer and automotive fields. The company was established in February 2021, with a total construction area of 61,333.4 square meters, production building area of 43,477 square meters, living building area of 17,856.4 square meters, total investment of 65 million yuan, and construction scale:

1. Annual production of 25 million sets of magnesium-aluminum alloy structural parts for notebooks and 5 million sets of magnesium-aluminum alloy structural parts for automotive electronics.

2. Supporting office areas and supporting equipment.

 

Main products: magnesium-aluminum notebook structural parts and automotive electronic structural parts.

Processing raw materials: magnesium-aluminum particles.

 

The period covered by this report: May 1, 2025, to April 30, 2026.

 

II. Responsible Procurement Report Summary

 

2023 Year Month , the company conducted ISO9001:2015 ISO14001:2015 ISO45001:2018 quality management system review. According to the decision of the management review team, Hefei Jingshen Precision Technology Co., Ltd. The company complies with the responsible procurement policy. This decision is valid for three years from the date of the decision. The company's compliance status with audit requirements will be updated on the Suzhou Chunqiu official website.

 

III. Company Supply Chain Management Policy

 

The company has formulated a supply chain management policy that fully complies with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas (OECD Guidance). It covers the OECD Guidance, has been reviewed by company management and approved by the general manager, and management is committed to supporting the implementation of this policy. This policy has been widely communicated to relevant stakeholders (suppliers, customers, employees, etc.).

 

IV. Company Management System

 

The company has formulated the "Conflict Minerals Management Procedure" and "Sustainable Procurement Control Procedure," adheres to the commitments in the supply chain policy according to the company's "Conflict-Free Minerals Declaration," and has established internal due diligence processes in the following areas:

 

- The company has established a Risk Assessment Committee under the system operation management leadership team. Procurement and quality personnel are responsible for regularly and irregularly evaluating identified suppliers and raw material-related information, determining the reasonableness of raw material sources (such as : origin, capacity, type characteristics, etc.), evaluating the investigated origin, transportation process, and suppliers according to warning signals, investigating warning signals when found, and issuing handling opinions.

 

- The company conducts due diligence management system training annually for key personnel in all relevant departments according to responsible mineral supply chain management requirements. If there are updates to the plan, the company will conduct additional training as needed. The company has,

year, communicated the latest supply chain policy and procurement requirements to all identified upstream suppliers. The company has incorporated due diligence requirements into legally binding agreements with suppliers. The company conducts annual factory audits of suppliers and includes due diligence requirements as part of the discussions. 2023 - The company has communicated the latest supply chain policy and procurement requirements to all identified upstream suppliers in the year. The company has incorporated due diligence requirements into legally binding agreements with suppliers. The company conducts annual factory audits of suppliers and includes due diligence requirements as part of the discussions.

 

V. Risk Identification (All Sources)

 

First, the company has a sound process to identify risks in the supply chain, including the resources used and the criteria for determining "conflict-affected and high-risk" areas.

Second,

 

year has completed 23 supplier surveys and returned 179 Conflict Minerals Survey Form, Extended Mineral Report. The company’s Raw Material Procurement Risk Assessment Committee has conducted risk assessments on the supply chains of tantalum, tin, gold, tungsten, cobalt, and mica raw materials, with a professional team controlling risks throughout the process. The company's risk assessment committee and procurement team review the collected summary information and conduct risk assessments according to management requirements. The company has carefully evaluated all current supply chains during this report period and found no related warning signals. Third, the company has formed a professional team to conduct due diligence on all current supply chains and has compiled due diligence reports for each supply chain.

 

Fourth, the company reviews all collected information against the Dodd-Frank Act, sanction lists, local laws, and internal procurement requirements.

Fifth, according to "Supplier Management," the company has completed the annual supplier management evaluation and assessment for the year, established and improved the customer management list, requires the provision of origin information for each contract, and ensures the ability to understand transaction sources, transportation routes, and the names and locations of direct suppliers.

 

Sixth, during the period covered by this report, the company did not receive any complaints from relevant parties (affected persons or whistleblowers). - VI. Risk Mitigation (High-Risk Procurement Only)

 

For high-risk supply chain assessment results, the company requires the raw material procurement department to promptly take the following risk mitigation measures for risk control: 2023  Report high-risk supply chain investigation and assessment results to senior management, explaining relevant information and actual and potential risks of the high-risk supply chain.

 

According to the company's supply chain policy risk management strategy, develop and implement a risk management plan. For existing risks, develop and implement effective mitigation measures and negotiate and reach consensus with suppliers and affected stakeholders. Risk mitigation strategies include continuing transactions throughout the measurable risk management process.

 

Continuously monitor risks and reassess when risk conditions change. Year

 

针对高风险供应链评估结果,公司要求原料采购部门及时采取以下的风险缓解措施进行风险管控:

 1. 向公司高层管理人员汇报高风险供应链调查评估结果,说明高风险供应链的相关信息、

实际和潜在风险。

 

2. 按公司的供应链政策风险管理策略,制定和实施风险管理计划。对存在的风险要制定和

实施有效的缓解措施,并与供应商和受影响的相关方商议达成一致。风险降低策略包括: 在整个可衡量风险管理过程中继续开展交易。 

 

3. 持续监控风险,风险情况产生变化后,再次进行评估。 2024年 5 No high-risk procurement so far this month. Cooperation with the supplier will be terminated if unacceptable.

 

7. Related Forms

"Conflict-Free Minerals Declaration", "Conflict Minerals Survey Form", "Extended Minerals Report".

 

 

2025 Hefei Jing Shen Responsible Procurement Report.pdf   

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