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Basic Principles of Procurement for Yihe Precision Industry Holdings Co., Ltd

1. Yihe Group adheres to the values of "integrity, righteousness, and justice" and is willing to establish a good relationship of equality, mutual benefit, and long-term cooperation with you.

2. The equipment procurement and engineering projects of each company of Yihe Group are announced in advance in this electronic procurement system.

3. If a supplier engages in any of the following behaviors, once verified, they will be included in the procurement blacklist of Yihe Group and subject to penalties such as business restrictions, short-term or long-term bans:

(1) Provide false qualification documents, performance certificates, and other materials.

(2) False quotations and collusion in bidding.

(3) Refusing to sign or perform the contract after winning the bid.

(4) Supply adulterated or mixed raw materials, or use low-quality building materials.

(5) The products, services, and engineering quality provided do not meet the contractual requirements or cause significant quality and safety accidents.

(6) Bribing or giving benefits to company personnel.

(7) Behavior that seriously affects the interests and image of Yihe Group.

Please enter our official procurement platform for the relevant systems and explanations regarding the supplier access of Yihe Holdings