Supply Chain Management System

Adhering to the philosophy of "building a competitive supply chain and creating the optimal cost and service value for customers", The Company has formulated and continuously improved the Supply Chain Management System, including processes and systems of supplier management and supply chain risk management to rigorously standardizes the supply chain. The Company extend the requirements from suppliers to their upstream suppliers thereby driving high-quality development throughout the entire industry chain. The Company integrates the full-process supply collaboration system from "order to delivery" deeply into actual business operations, creating an integrated, collaborative, and efficient full-lifecycle supply chain management mechanism to enhance the efficiency and agility of supply chain management.

 

 

Building A Resilient Supply Chain

  • Develop a resilient supply chain plan, comprehensive identification, and management of potential risks.
  • Deepen strategic cooperation and strengthen industry collaboration.
  • Optimize supply chain structure and strengthen localized and diversified sourcing.
  • Establish adequate safety stock for ensuring continuous and stable supply chain.
  • Continuously identify risk points to enhance supply chain sustainability.
  • Multi-regional and multi-Source supply for 100% of key raw materials.

Building A Sustainable and Low-carbon Supply Chain

  • 100% of suppliers have signed agreements and pledge to comply with Supplier Code of Conduct Management System in 2023.
  • In 2023, the Company selected 20 key suppliers for the first-round key selected enterpries and collected comprehensive data on their energy usage efficiency, potential carbon emissions from raw material purchases, transportation distances, etc.
  • In 2023, 100% of suppliers involved in lithium production signed the Human Rights Compliance and Conflict-Free Minerals Declaration.