I.Statement on Anti-Commercial Bribery and Anti-Corruption

Commercial corruption severely undermines fair competition in the market and has extremely negative impacts on the sustainable development of society, economy, and enterprises. AUX insists on honesty and integrity, strictly observes business ethics, follows all relevant laws and regulations of the place of business, and implements a "zero tolerance" policy for any form of corruption. 

AUX has taken a series of active and effective measures and established a comprehensive management system to prevent commercial corruption. AUX requires all employees or individuals and entities acting on behalf of AUX to participate in business activities not to offer bribes to public officials or other individuals and entities in any direct or indirect manner in order to seek business interests. If suppliers, agents, consultants, and other business partners (hereinafter referred to as "partners") conduct such acts towards AUX's employees for the same purpose, the employees must immediately reject and report to the company. When conducting business with partners, AUX ensures that the partners also adhere to AUX's anti-corruption policy through contractual terms and corresponding monitoring procedures, and imposes restrictions on their behavior.

Ningbo AUX Electric Co.,Ltd.