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Luxshare Precision: Strengthening Commitment to Labor Rights Protection

HONG KONG SAR –
Media OutReach Newswire – 20 March 2025 – Luxshare Precision, a technology manufacturing key player, has reaffirmed its dedication to protecting the labor rights of its employees and ensuring ethical practices throughout its operations. Over the past few years, the company has made significant strides in enhancing its labor rights protection mechanisms, reflecting its unwavering commitment to employee welfare and social responsibility.

With a strong focus on safeguarding legitimate labor rights and interests, Luxshare Precision adheres to the principles laid out by the United Nations International Human Rights Law and the International Labour Organization’s “Declaration on Fundamental Principles and Rights at Work.” The company has implemented a comprehensive system to uphold these standards, which prohibits involuntary labor and mandates compliance with all relevant laws and regulations across various jurisdictions.

Luxshare Precision places great importance on the concerns and suggestions of employees and society alike and uses them as a key reference to promote sustainable development work. It has identified seven types of stakeholders in light of the company’s own business characteristics and operational situation for diversified and customized communication mechanisms. By fostering an open dialogue with stakeholders, the company seeks to address any issues proactively and transparently. In response to allegations of forced labor involving Uyghur and other groups in regions like Xinjiang, the company has conducted thorough internal reviews and firmly denies these claims before. Luxshare Precision upholds the highest ethical standards, ensuring a responsible supply chain through rigorous audits and ongoing monitoring, all rooted in its core values of respect and dignity for every worker.

As Luxshare Precision continues its journey, it remains committed to reinforcing labor rights protections while advancing its corporate governance and sustainability initiatives. The company believes that a strong focus on ethical labor practices is essential for fostering a positive work environment and driving long-term success.

By championing labor rights and promoting transparency, Luxshare Precision demonstrates that it is possible to achieve business success while upholding the highest standards of corporate responsibility. The company invites all stakeholders to join in this commitment and work together towards a future where all workers’ rights are respected and protected.

Hashtag: #LuxsharePrecision

The issuer is solely responsible for the content of this announcement.


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