Sustainable supply chain
3 major characteristics of Yulon Motor’s procurement:
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Local sourcing
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Digital sourcing
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Green sourcing
Materials are mainly purchased from local suppliers due to not only the flexibility of material supply and speedy response but also the local employment opportunities and area prosperity. At the same time, we can intimately guide suppliers through the enhancement of quality, environmental awareness, energy-saving transportation, and other applicable competencies. The sourcing unit has been active in facilitating the localization of parts, which is beneficial to local employment and lowers costs. In 2022, the amount of locally sourced parts accounts for 41% of the total amount of parts purchased. Yulon Motor has established the electronic procurement procedures, in which both the sourcing unit and suppliers process online paperlessly, to increase efficiency and reduce paper usage. Green material procurement is a critical standard referred to in Yulon Motor’s supplier management, and we purchase relevant eco-labelled equipment in accordance with the“ Recognition Scope of Green Products Declared by Private Enterprises and Organizations” issued by the Ministry of Environment:
