Hainan Mining places great emphasis on business ethics management and anti-corruption efforts, and is committed to fostering a fair and transparent business environment. The company maintains a zero-tolerance policy toward any acts of favouritism or fraud. In compliance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Anti-Monopoly Law of the People's Republic of China, and the Anti-Unfair Competition Law of the People's Republic of China, Hainan Mining has established internal regulations, including the Hainan Mining Co., Ltd. Guidelines for Business Ethics and the Hainan Mining Co., Ltd. Employee Integrity Management Policy. Additionally, the company requires employees to sign the Integrity Compliance Commitment Letter, which, together with the Employee Code of Conduct, governs hiring practices, employment terms, compensation decisions, and business dealings with specific related parties. These measures reinforce employee integrity, mitigate corruption risks, and ensure the effectiveness of anti-corruption initiatives.

Additionally, the company encourages employees to report any illegal activities or violations of business ethics that may compromise the company’s interests. A robust monitoring and reporting mechanism for ethical compliance has been implemented. To ensure effective governance, a Business Ethics Standards Management Committee has been established to oversee daily operations, conduct ethics training programs, and integrate anti-corruption measures into routine management practices.

Hainan Mining encourages all stakeholders to report any incidents that may violate the principles of business ethics management in a forthright manner. We have established a comprehensive grievance and reporting mechanism for stakeholders, continuously expanding the channels for grievances and reports. We regularly review and assess the effectiveness of these mechanisms to ensure the convenience of stakeholders in lodging complaints and the timeliness of responses to their concerns.