YINO BIO Group Human Rights Policy Statement
I. General Principles
YINO Bio Group (hereinafter referred to as the “Group”) respects and supports internationally recognized human rights and recognizes the importance of protecting the legitimate rights and interests of its employees, suppliers, local communities in the areas where it operates, and other stakeholders. The Group is committed to upholding human rights throughout its operations and related business activities and promoting responsible business practices.
The Group strictly complies with all applicable laws and regulations in the countries and regions in which it operates. It is committed to respecting and supporting internationally recognized human rights standards, including but not limited to the International Bill of Human Rights, the OECD Guidelines for Multinational Enterprises on Responsible Business Conduct, the United Nations Guiding Principles on Business and Human Rights, the Ten Principles of the United Nations Global Compact, the Women's Empowerment Principles, and the Children's Rights and Business Principles.
Where national or local laws in the jurisdictions in which the Group operates conflict with or impose requirements that go beyond this Policy, the Group shall give priority to the applicable national and local laws.
II. Scope
This Policy applies to all employees of the Group and its subsidiary groups, business units, and other entities under its management, including full-time and part-time employees, interns, agency workers, and other personnel.
The Group encourages its suppliers, business partners, and other relevant stakeholders to comply with applicable laws and regulations and respect internationally recognized human rights and labor standards.
III. Human Rights Protection
The Group respects and protects the fundamental human rights of its employees and supply chain stakeholders. It prohibits all forms of discrimination and forced labor, as well as the use of child labor. The Group is committed to providing all employees with a safe, healthy, and dignified working environment and to preventing and eliminating human rights abuses across its own operations and supply chain.
l Prohibition of Forced Labor: Employment at YINO Bio Group shall be based on the free and voluntary consent of the individual. The Group is committed to providing a respectful and equitable working environment and prohibits all forms of forced labor in its business operations. The Group shall not use deceptive practices to induce individuals to accept employment. It prohibits the collection of deposits, the withholding of identity documents or other legally required documents, and any other practices that compel individuals to work against their will. The Group does not engage in human trafficking and prohibits personal lending arrangements involving employees or job applicants that create debt bondage or make forced labor a condition of repayment. All employees have the right to enter into and terminate their employment contracts voluntarily, in accordance with applicable laws and regulations.
l Prohibition of Child Labor: The Group prohibits all forms of child labor throughout its business operations. In China, the Group shall not employ individuals under the age of 16 or those who do not meet the minimum employment age requirements prescribed by applicable laws and regulations. In other jurisdictions, the Group shall comply with applicable local laws and requirements. The Group also takes measures to identify and prevent child labor among on-site contractors and agency workers. If child labor is identified within the supply chain, the Group will take appropriate remedial measures and support the affected children in returning to education or receiving vocational training.
l Freedom of Association and Employee Voice: The Group respects employees' freedom of association. Employees have the right to establish or join legally recognized trade unions and participate in trade union activities and employee representative congresses, as provided by applicable laws. The Group does not interfere with employees' freedom to choose their representatives. Employees may communicate openly with management regarding working conditions and workplace issues without fear of retaliation, threats, harassment, or discrimination. The Group has established effective communication mechanisms, including collective consultation through trade union representatives, to ensure that employees have accessible channels for expressing their views and that reasonable suggestions are heard and considered in corporate decision-making. The Group strictly prohibits forced labor, debt bondage, indentured labor, involuntary prison labor, human trafficking, and all forms of modern slavery.
l Non-Discrimination, Equal Opportunity and Diversity: The Group is committed to providing equal employment opportunities. Discrimination in recruitment and employment on the grounds of age, race, color, sex, sexual orientation, national origin, place of origin, religion, or disability is prohibited. The Group actively promotes diversity and strives to foster an inclusive working environment that respects different opinions, perspectives, and beliefs. All employees shall be treated fairly and with respect in recruitment, training, promotion, and compensation, regardless of gender, ethnicity, health status, or disability. Medical examinations, physical examinations, or pregnancy-related tests that are discriminatory or unrelated to legitimate job requirements shall not be used as a condition of employment.
l Prevention of Harassment, Abuse and Violence: The Group strictly prohibits sexual harassment and all other forms of workplace harassment, abuse, and violence. Such conduct includes language or behavior that demeans, coerces, or offends others, as well as psychological or verbal abuse, bullying, insults, threats, harassment, and physical violence in any form. The Group is committed to fostering a harmonious, inclusive, and equitable working environment.
IV. Labor Practices
l Occupational Health and Safety
The Group is committed to providing employees with a safe working environment, clean drinking water, and adequate personal protective equipment. It conducts regular health and safety risk assessments and takes appropriate measures to mitigate identified risks and protect employees' occupational health.
The Group establishes and continually improves its occupational health and safety management systems. It regularly identifies, assesses, and mitigates potential workplace hazards; provides appropriate protective equipment and safety measures based on the specific requirements of different positions; arranges necessary medical examinations and provides medical insurance coverage for employees; and communicates relevant workplace health and safety information in a timely manner. The Group also provides regular occupational health and safety training to employees.
l Fair Compensation and Benefits
The Group is committed to providing employees with attractive compensation and benefits, including social insurance contributions covering pension, medical care, unemployment, work-related injury, and maternity, as well as contributions to the housing provident fund. The Group also provides paid annual leave and holiday benefits.
Working hours, including overtime, rest periods, and regular rest days, shall comply with applicable national labor laws and collective bargaining agreements.
l Employee Engagement and Career Development
The Group is committed to attracting, developing, and deploying talent through a strategic and holistic approach. It strives to provide employees with opportunities and an environment that support their professional development, enabling them to grow alongside the Group, pursue their career aspirations, and realize their full potential.
V. Fair Business Practices
The Group adopts a zero-tolerance approach to bribery, corruption, breaches of confidentiality, and other forms of business misconduct. The Group has established the YINO Bio Group Code of Business Conduct and Ethics, which all employees are required to observe.
The Group encourages employees and external stakeholders to report any suspected acts of corruption, bribery, or conflicts of interest. Reports may be submitted through the same channels established for grievances and complaints. The Group strictly protects the confidentiality of whistleblowers and their identifying information.
VI. Sustainable Procurement
The Group is committed to building a sustainable and environmentally responsible supply chain. The Procurement Center conducts assessments of suppliers' environmental management, carbon reduction efforts, and social responsibility performance. The Group strives to foster a fair, orderly, and healthy competitive environment for suppliers and to work together with them toward sustainable development.
The Group requires suppliers to comply with equivalent standards on human rights, labor practices, and environmental protection, and reserves the right to conduct supplier audits and assessments.
VII. Grievance and Reporting Mechanisms
The Group welcomes oversight from all stakeholders and is committed to protecting the confidentiality of individuals who submit grievances or reports. Employees and internal and external stakeholders may use the following channels to raise concerns or report any suspected human rights abuses or violations of the Group's human rights and diversity policies.
Grievance and Reporting Channels:
Email: hr@yinobio.com
Telephone: +86 635 788 6020
The Group is committed to protecting the confidentiality of individuals who raise concerns in good faith and strictly prohibits any form of retaliation against them. The Group will investigate complaints and reports and provide feedback within the prescribed timeframes.
