Raw material procurement statement

Jiangxi Tuohong New-Raw Co.,Ltd is committed to becoming a responsible, responsible, value-creating, and pursuing excellence in mineral procurement, processing and sales of tantalum and niobium smelters. In order to fully reflect the company's social responsibility and values, the company promises to strictly select Source of raw materials, improve the traceability system of product raw materials, and firmly avoid purchasing and rejecting any direct or indirect conflicts from the Congo and surrounding areas (mainly including: Angola, Burundi, Central African Republic, Democratic Republic of the Congo, Republic of the Congo, Rwanda, South Sudan , Tanzania, Uganda and Zambia) to prevent tantalum and niobium raw materials in order to prevent this area from illegally arming this profit, resulting in continuous local unrest or conflict escalation, for this reason, the company specially formulated strict tantalum and niobium raw material procurement and sales policies.

1. Prohibit the procurement of raw materials that are illegally traded in conflict mines identified by relevant UN or non-governmental organizations

2. Strictly screen raw materials from Congo and surrounding areas, and only use raw materials with ITSI label

3. Make sure that all the raw materials purchased and sold have credible traceability, and refuse to purchase and ask about the end of the supply chain

Suspicious raw materials with incomplete or incomplete documents

4. Strictly follow the responsible mineral inspection process and tin and tantalum inspection standards to do a good job of training all staff

5. Improve the company's procurement and sales process, establish a supplier management system, and form a stable and reliable procurement channel,

Be cautious about follow-up cooperation with suppliers who are unable to provide complete certification documents, and terminate further cooperation with suppliers who provide false documents.

6. If the supplier disregards the company's policy on raw material procurement-insisting on purchasing raw materials from conflict mineral areas in the Congo and surrounding areas, resulting in damage to the company's reputation, the supplier will bear its own legal responsibility and the company will terminate Work with suppliers.