III.Statement on Compliance with Anti-Money-Laundering Regulations

AUX is committed to complying with applicable anti-money laundering laws and regulations. We recognize the importance of compliance and are actively building our anti-money laundering compliance framework. The company is already building key compliance control points and IT support tools that will strengthen our ability to monitor and manage key business processes such as sales, procurement, and funds management. 

At the same time, we are stepping up compliance training and awareness-raising for our employees to ensure that they understand the legal requirements for anti-money laundering and their application in their daily work. Through these efforts, we aim to establish an anti-money laundering compliance system that adapts to international standards and gradually integrate this system into the company's global operations.

AUX is committed to continuously monitoring and evaluating our anti-money laundering compliance measures to ensure that they are in line with changes in international regulations and developments in the company's business.

Ningbo AUX Electric Co.,Ltd.