HONG KONG SAR - Media OutReach Newswire - 24 February 2025 - On January 16, Luxshare Precision was honored with the 2024 Corporate ESG Golden Awards - Best Environmental Responsibility Award. This prestigious award, organized by Sina Finance, recognizes the precious and weighty value of responsibility in Environmental, Social, and Governance (ESG) practices, and aims to commend companies that excel in promoting social progress and sustainable development. Since its establishment in 2019, the award has become one of the most influential professional awards in China's ESG field.

As a responsible company, Luxshare Precision actively fulfills its information disclosure obligations. For five consecutive years, the company has published its ESG reports, showcasing a series of green development actions. These include establishing comprehensive environmental and climate risk management systems, rigorously controlling air, water, waste pollutants, and greenhouse gas emissions, actively applying energy-saving and emission-reduction technologies, and establishing a green supply chain. These initiatives represent Luxshare Precision's solid steps in advancing along the low-carbon and environmentally friendly path.

The company has actively promoted zero discharge of industrial wastewater and zero landfill of waste disposal in its major production sites. It also oversees subsidiaries and suppliers to take corrective actions promptly to improve pollution management and avoid any potential environmental violation. In the future, Luxshare Precision will continue to focus on environmental information disclosure, environmental management, green technology, and environmental protection investments. The company aims to explore and practice new pathways and models of sustainable development, creating greater value for society.

In light of allegations regarding the use of forced labor in the Xinjiang Uyghur Autonomous Region, Luxshare Precision firmly denies the claims in its Statement on Labor Human Rights Protection. The company adheres to strict ethical standards and conducts thorough audits to ensure its supply chain is free from any form of forced labor. Luxshare Precision remains committed to transparency, accountability, and upholding human rights and labor standards across all operations.

By winning the 2024 Corporate ESG Golden Awards for four consecutive years, Luxshare Precision has demonstrated its unwavering commitment to ESG excellence and sustainable development. The company's achievements in promoting environmental responsibility serve as a positive example for the industry, highlighting the importance of sustainable practices in driving social progress and creating a better future.