Luxshare Precision’s Commitment to Responsible Manufacturing and High Standards

HONG KONG SAR – Media OutReach Newswire – 2 July 2024 – As a prominent global technology manufacturer, Luxshare Precision is dedicated to upholding the highest standards of labor, human rights, environmental protection, and ethical conduct across its operations.

Luxshare Precision adheres to international frameworks such as the United Nation’s Universal Declaration of Human Rights and international human rights-related law, and the International Labour Organization’s Declaration on Fundamental Principles and Rights at Work. These standards go beyond mere legal compliance and guide the company in creating a fair and respectful workplace for its all employees.

At the core of Luxshare Precision’s operations is a commitment to providing safe working conditions, treating workers with dignity and respect, acting ethically, and employing environmentally responsible practices. This dedication ensures compliance with all applicable laws and regulations while promoting a culture of integrity and responsibility.

Specifically, Luxshare Precision takes significant measures to respect and uphold the basic human rights of every employee, considering local laws, regulations, and cultural practices. The company has formulated policies to prevent discrimination and harassment, prohibit forced labor, and ensure all work is voluntary without forced overtime. If temporary overtime is required, employees must follow the approval procedure and be compensated per labor regulations. Luxshare Precision has also developed management systems aligned with local conditions to guarantee fairness and justice, without discrimination based on factors such as race, age, or gender. These measures demonstrate the company’s commitment to preventing violations of human rights across its operations.

As one of Apple’s key suppliers, Luxshare Precision understands that collaboration with its clients is critical to the company’s success, which is why it is committed to working closely with them to drive positive change and set new benchmarks for responsible manufacturing. The company supports comprehensive compliance efforts, including regular audits, on-site inspections, and collaborative capacity-building initiatives.

As a leading technology manufacturer and a trustworthy supplier for Apple, Dell, Lenovo, etc, Luxshare Precision remains steadfast in its commitment to ethical and sustainable business practices. By maintaining its rigorous standards, the company aims to drive broader industry transformation and foster a more just, equitable, and environmentally-conscious working environment.

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The issuer is solely responsible for the content of this announcement.