Championing Diverse Approaches to Social Responsibility and Sustainability

HONG KONG SAR - Media OutReach Newswire - 2 August 2024 - Luxshare Precision, Apple Inc.'s key partner, stands out as a champion of social responsibility in the electronics industry. Apart from developing a responsible and sustainable supply chain system with suppliers and other partners and investing in environmental governance, it has been expanding its responsibilities to the industry and community engagement for many years, embodying its role as a responsible corporation.

Luxshare Precision has been a key player in drafting critical industry standards. The company has joined more than 50 industry associations at home and from abroad and serves as the vice-chairman unit of the China Electronic Components Association. In recent industry gatherings, such as the 2023 China Electronic Components Industry Summit and the IPC China Electronic Manufacturing Annual Conference, it has actively participated in giving an introduction to the company's sustainability drivers and share its ESG strategies as well as an in-depth analysis of key ESG fields in the industry from the perspective of enterprises along the supply chain, setting a model and an example of ESG development practice for reference for the industry and fostering a collaborative environment that benefits the entire sector.

Beyond its industry contributions, Luxshare Precision is deeply committed to social responsibility. According to the Luxshare Precision Sustainability Report 2023, the total investment the company made in public charity activities was RMB12.63 million during the reporting period. The company’s initiatives, including disaster relief, poverty alleviation, and public welfare support, reflect its full-playing role in achieving common prosperity and low-carbon life and a broader vision of contributing to a harmonious and prosperous society.

Environmental protection and sustainability remain core concepts of Luxshare Precision's corporate ethos. It organized a series of activities aimed at promoting environmental awareness among its employees, including recycling old clothes, creating environmentally-themed artwork, and converting daily walking steps into charitable donations. These initiatives fostered a sense of community and emphasized the importance of sustainable living practices.

Luxshare Precision exemplifies how a company can make contributions to both the industry and the public. By actively participating in industry development, supporting disaster relief, and promoting sustainability, it sets a commendable example for others to follow. The company's holistic approach ensures that it remains a pivotal player in building a harmonious and prosperous society.


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