Upholding Business Ethics to Forge the Foundation of Trust

Within the values of Changfeng Mining Group, business ethics are not merely a code of conduct but a developmental philosophy and guide to action ingrained in the corporate fabric. We are acutely aware that mining, as a foundational and strategic industry, involves a wide range of interests in its commercial activities. Only by adhering to the highest ethical standards can we earn the long-term trust and support from all stakeholders and achieve sustainable development.

The core of our practice in business ethics lies in building a transparent, honest, and responsible value creation system:

Integrity as the Foundation, Upholding the Spirit of Contract:

We regard reputation as our lifeblood. In all commercial interactions—whether obtaining exploration rights from government agencies, cooperating with investment partners for development, or signing supply contracts with clients—we strictly abide by agreements, ensuring authenticity of information, transparency of processes, and fulfillment of commitments. We firmly oppose any form of commercial bribery, fraud, and unfair competition. We are committed to operating under the sunlight, establishing a clear, traceable compliance management system to ensure that every business operation withstands the test of time and law.

Fairness and Mutual Benefit, Respecting Partner Value:

We believe sustainable success is built on the foundation of shared benefits for all stakeholders. In our cooperation with suppliers, contractors, and service providers, we adhere to the principles of fairness and justice, fulfilling payments on time to jointly build a healthy and positive industrial ecosystem. For our clients, we not only provide stable, high-quality products but are also committed to enhancing the value of resource utilization through technological innovation, thereby maximizing client benefits.

People-Oriented, Safeguarding Employee Rights:

Employees are the most valuable asset of the company and the intrinsic embodiment of business ethics. We strictly comply with labor laws and regulations, safeguarding employees' legitimate rights to compensation, benefits, and career development. We foster an open, inclusive, and non-discriminatory work environment, opposing any form of workplace bullying and injustice. By establishing smooth communication and grievance channels, we ensure the dignity and voice of every employee are respected.

Responsible Disclosure, Proactive Social Communication:

We proactively undertake the responsibility of information disclosure to investors, the public, and society. By regularly publishing sustainability reports, we truthfully disclose the company's performance and challenges in operations, environment, social responsibility, and governance (ESG), accepting social supervision. We actively communicate with local communities, media, and non-governmental organizations at project sites, addressing reasonable concerns, extending business ethics from internal management to broader social dialogue.

Changfeng Mining Group regards business ethics as the core of its corporate culture. Through continuous education, institutional safeguards, and exemplary leadership from the top, we make it the conscious behavior of every employee. We firmly believe that ethics represent the highest wisdom and the most solid foundation, guiding us to advance steadily and far on the global mining stage.