Certifications & Compliance

Shenzhen Yuexin Precious Metals Co., Ltd. Prohibition of Forced Labor Policy Statement

1. Company Commitment

Shenzhen Yuexin Precious Metals Co., Ltd. (hereinafter referred to as "the Company") strictly adheres to and enforces a legal framework centered around the Labor Law of the People's Republic of China to protect the legitimate rights and interests of its employees. The Company firmly opposes and prohibits all forms of forced labor. In accordance with the LBMA Responsible Gold Guidance 9th Edition and the LBMA Responsible Silver Guidance 2nd Edition, the Company prohibits the procurement of any minerals, as well as gold and silver mined and processed using forced labor. We ensure that the supply chain complies with the OECD Guidelines. Specifically, we commit to avoiding the following practices:

1. Forced Labor: Work or service extracted under the threat of punishment, conducted involuntarily.
2. Violence: Direct physical coercion by the employer to force the worker to serve the employer.
3. Threats: Threats made by the employer to inflict violence or other forms of harm upon the worker as a means of forcing them into labor.
4. Illegal Restriction of Personal Freedom: The use of detention, confinement, or other coercive methods to unlawfully deprive or restrict the freedom of movement of others to control their bodily activities.

1. 2. Policy Scope

This policy applies to all employees, suppliers, contractors, and business partners of the Company, covering the entire supply chain from precious metal procurement, refining, processing, to sales. We require all partners to comply with this policy and bear responsibilities consistent with those of the Company.

1. 3. Specific Measures to Prohibit Forced Labor

1. Voluntary Labor Principle

All work performed by employees must be voluntary. Forced labor through violence, threats, debt bondage, confiscation of identity documents, or other means is prohibited. Employees have the right to freely terminate their employment relationship or file a grievance.

1. Fair Recruitment and Employment

Ensure that recruitment processes are legal and transparent. Charging employees recruitment fees or deposits is prohibited, as well as any practices related to human trafficking or exploitative labor.

1. Supply Chain Due Diligence

Conduct due diligence on suppliers to assess forced labor risks. We prioritize selecting partners who hold equivalent certifications and meet compliance standards.

1. Employee Rights Protection

Ensure that employees receive statutory wages, reasonable working hours, a safe working environment, and the right to freely associate.
Establish anonymous reporting channels to protect whistleblowers from retaliation.

1. Training and Awareness

Regularly provide anti-forced labor training to employees and suppliers, strengthening human rights protection awareness and compliance capabilities.

1. 4. Special Clauses for High-Risk Areas

1. The Company strictly complies with LBMA’s control requirements for conflict-affected and high-risk areas: We do not procure minerals directly or indirectly involved in forced labor, including conflict minerals from the Democratic Republic of Congo (DRC) and its surrounding countries (if not certified compliant).

1. Suspension of Cooperation: If any supplier is found to engage in forced labor practices, cooperation will be immediately terminated, and the relevant regulatory authorities will be notified.

1. 5. Supervision and Improvement

The Company will commission a third-party organization to conduct social responsibility audits of the supply chain annually, with the results disclosed to LBMA and relevant stakeholders.

Management will review the policy's implementation regularly, ensuring continuous improvement in the human rights risk management system.

Compliance Director: Wang Zijie
Complaints Phone: 18923490683
Complaints Email: 3949890619@qq.com