Hefei Jingshen Electronics Technology Co., Ltd. 2024 Responsible Procurement Report
2024-07-05
1. Company Information
Hefei Jingshen Precision Technology Co., Ltd. is a wholly-owned subsidiary under Hefei Jingwei Electronics, affiliated with 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 supported by the Lujiang County Government of Hefei City, focusing on the assembly, injection molding, mold, automotive parts, and hardware stamping production, processing, and sales of magnesium-aluminum alloy electronic and electrical appliances. It also designs and manufactures etched, ED (electrophoresis), anodized, painted, and gold-plated appearance parts, providing 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, a 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 time period covered by this report: May 1, 2024, to April 30, 2025.
2. Responsible Procurement Report Summary
In February 2023, the company conducted ISO9001:2015, ISO14001:2015, and ISO45001:2018 quality management system reviews. According to the management review team's decision, Hefei Jingshen Precision Technology Co., Ltd. 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.
3. Company Supply Chain Management Policy
The company has established 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.).
4. Company Management System
The company has formulated the "Conflict Minerals Management Procedure" and "Sustainable Procurement Control Procedure," adhering to the commitments in the supply chain policy according to the company's "Conflict-Free Minerals Declaration," and has established the following
Internal due diligence processes:
- 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 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 as required by responsible mineral supply chain management. If there are updates to the plan, additional training will be conducted as needed. In 2023, the company 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.
- (Continuation of previous text, merged for clarity) The company has communicated the latest supply chain policy and procurement requirements to all identified upstream suppliers in 2023. Due diligence requirements have been incorporated into legally binding agreements with suppliers. Annual supplier factory audits are conducted, with due diligence requirements included in the discussions.
5. Risk Identification (All Sources)
First, the company has a sound process to identify risks in the supply chain, including the resources used and criteria for determining "conflict-affected and high-risk" areas.
Second, in 2023, 179 suppliers were surveyed, and the "Conflict Minerals Survey Form" and "Extended Minerals Report" were returned. The company's Raw Material Procurement Risk Assessment Committee conducted risk assessments on the supply chains involving tantalum, tin, gold, tungsten, cobalt, and mica raw materials, with a professional team managing risk control throughout the process. The risk assessment committee and procurement team reviewed the collected summary information and conducted risk assessments according to management requirements. All current supply chains procured by the company were carefully evaluated, and no warning signals were found during this report period.
Third, the company formed a professional team to conduct due diligence on all current supply chains and compiled due diligence reports for each supply chain.
Fourth, the company reviewed all collected information against the Dodd-Frank Act, sanction lists, local laws, and internal procurement requirements.
Fifth, according to "Supplier Management," the company completed the 2023 annual supplier management evaluation and assessment, established and improved the customer management list, required the provision of origin information for each contract, and ensured understanding of 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).
6. 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:
1. Report the 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.
Actual and potential risks.
2. According to the company's supply chain policy risk management strategy, develop and implement a risk management plan. Effective mitigation measures must be developed and implemented for existing risks, and agreements reached with suppliers and affected stakeholders. Risk reduction strategies include continuing transactions throughout the measurable risk management process.
3. Continuously monitor risks, reassess when risk conditions change. No high-risk procurement has occurred since May 2024. Cooperation with suppliers will be terminated if risks are unacceptable.
(Continuation of previous text merged for clarity) No high-risk procurement has occurred since May 2024. Cooperation with suppliers will be terminated if risks are unacceptable.
7. Related Forms
"Conflict-Free Minerals Declaration," "Conflict Minerals Survey Form," "Extended Minerals Report."
Key words:
Here is the title one h1 placeholder text
Related documents
recommend News
2026-10-21
2026-04-23
2026-04-16
2026-04-15
Share