June 12, 2023
On Friday 9th June Ninestar was excluded from the US supply chain due to their involvement in business practices that target China’s Uyghur population and other persecuted groups, as stated by the US Homeland Security Department (DHS). Read The Recycler story here.
The company has now issued a statement via the Shenzhen stock exchange stating: “The company has been strictly abiding by the laws and regulations applicable to business development, abide by the applicable standards of international labor protection, fully protect the legitimate rights and interests of workers. The company continues to strive to provide all employees with equal, friendly and positive, work atmosphere and career development opportunities.
At present, the company is comprehensively assessing the potential impact of this incident on the company and making a good response. The company will continue to pay attention to and follow up the aforementioned related matters, and strictly abide by the relevant rules and timely fulfill the obligation of information disclosure.
The Company will issue further announcements as and when necessary.”
Editor: The statement was translated from Chinese to English.
Categories : Around the Industry