III.Statement on Respect for Intellectual Property Rights and Protection of Trade Secrets

AUX recognizes that continuous innovation is the core driving force behind the company's development and firmly believes that respecting and protecting intellectual property rights and trade secrets is key to maintaining an innovative environment. We are committed to protecting our own intellectual property and trade secrets, while respecting the corresponding rights of others.

To ensure the effective management of intellectual property and trade secrets, AUX has taken the following key measures:

Development of policies and guidelines: We are actively developing intellectual property and trade secret protection policies that apply across AUX, with the aim of clarifying compliance obligations and employee responsibilities.
Business Process Integration: We are continuing to integrate the management requirements for trade secret protection into key business processes such as R&D, sales, procurement, and human resources.
Training and Publicity: AUX regularly conducts publicity activities and training on intellectual property rights and trade secret protection for all employees to ensure that each employee understands and fulfills his or her responsibilities with respect to the protection of trade secrets.
Monitoring and Auditing: Through regular inspections and audits, we ensure the effective implementation of policies, systems and processes, and promptly identify and correct any improper handling of trade secrets.

AUX is committed to continuously optimizing these measures to ensure that our intellectual property and trade secret protection strategies remain in line with international standards and are responsive to the changing business environment. This commitment reflects our strong stance on innovation support and corporate responsibility.

Ningbo AUX Electric Co.,Ltd.