Governance & Ethics

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ESG 

YOUNGSIN PRECISION CO., LTD.

ESG

Customer Call Center
82.54.745.4491 We will kindly guide you.
Weekday   AM 08 : 00 - PM 05 : 00
Lunch hour PM 12 : 00 - PM 01 : 00
 Closed on
Saturdays, Sundays and public holidays.
Seoul Sales & Marketing Office
T: 82-2-6714-6510
F: 82-2-568-0775
Governance & Ethics
Youngshin Precision Co., Ltd. pursues win-win cooperation through transparent ethical management and governance structure.
Ethics charter
 As a leader in the automotive parts industry, Youngshin Precision Co., Ltd. carries the responsibility of driving national economic growth by enhancing the global competitiveness of this crucial sector. In line with this mission, we have established the 'Youngshin Precision Co., Ltd. Ethics Charter' to promote a strong ethical foundation, guiding our conduct and decision-making.

Code of Ethical Conduct

Transparent management

Code of Practice

Avoiding conflicts of interest
Fair trade
 Youngshin Precision Co., Ltd. aims to prevent unfair trade and complies with laws and regulations through fair trade and responsible material purchasing policies.

Prevention of unfair trade

Responsible Material Purchasing
Information Security
 Youngshin Precision Co., Ltd. prioritizes the security of information for our customers and partners. We ensure that all related data is thoroughly managed high standards of confidentiality.

Information Protection

Information management

Intellectual Property Protection
Implement Code of Ethical Conduct
Implement Code of Ethical Conduct
As a global company representing the Republic of Korea, Youngshin Precision Co., Ltd. strictly recognizes its responsibility to the national economy, society, and future generations, and pledges to faithfully carry out the ethical actions given to us as follows.
  1. Youngshin Precision Co., Ltd. will build trust through transparent, fair business practices and strong ethical values.
  2. Youngshin Precision Co., Ltd. aims for mutual growth with customers and partners through respect and collaboration.
  3. Youngshin Precision Co., Ltd. will protect the environment with sustainable practices and ongoing innovation.
  4. Youngshin Precision Co., Ltd. is dedicated to producing top-quality parts and growing into a world-class manufacturer alongside customers.
  5. Youngshin Precision Co., Ltd. will value competitiveness and safeguard all customer and partner information.
  6. Youngshin Precision Co., Ltd. will take the social responsibility seriously, addressing societal issues and supporting those in need.

Transparent management
Transparent management
  1. Youngshin Precision Co., Ltd. contributes to national economic development through faithful tax payment, law-abiding behavior, and ethical values.
  2. Youngshin Precision Co., Ltd. respects all ethical actions to establish transparent management, Our goal is corporate citizenship that puts public interest and order first.

Transparent Management Code of Practice
Transparent Management Code of Practice
  1. Youngshin Precision Co., Ltd. does not accept money or valuables from partners or stakeholders under any circumstances.
  2. Under no circumstances shall employees receive entertainment or discounts.
  3. Do not bet (golf, poker, etc.) with executives or employees of a company
  4. If possible, eat with partners' executives and employees at the company's cafeteria, and When eating out, the amount should not exceed the normal amount. When eating, keep it within a range that is not excessive according to social norms.
  5. Do not request, exert pressure on, or make any personal requests or requests to your partners.

Avoiding Conflicts of Interest
Avoiding Conflicts of Interest
  1. Youngshin Precision Co., Ltd. executives and employees handle their work with a sense of responsibility in accordance with established work regulations.
  2. Youngshin Precision Co., Ltd. executives and employees must not provide any other means for the purpose of unfair or inappropriate profits.
    Employees must not cause damage to the company for their own personal benefit. It includes the act of receiving a promise of personal benefit through a third party.
  3. Employees must not cause damage to the company for their own personal benefit. It includes the act of receiving a promise of personal benefit through a third party.

Prevention of unfair trade
Prevention of unfair trade
  1. Youngshin Precision Co., Ltd. must comply with fair trade-related laws and standards in each country where they conduct business.
  2. Youngshin Precision Co., Ltd. does not engage in any actions that may undermine fair competition through unfair transactions, such as abusing its dominant market position or trading position.
  3. Youngshin Precision Co., Ltd. pays the amount agreed to be paid to its partner companies on the payment date. The payment amount must not be arbitrarily adjusted.
  4. Youngshin Precision Co., Ltd. must not agree to any action that unfairly restricts competition with other businesses in terms of product or service price, supply volume, trading area, trading conditions, etc.
  5. Youngshin Precision Co., Ltd. does not obtain information through unfair means from competitors, business partners, or other organizations. Do not use or disclose information obtained illegally by the company or a third party.

Responsible Material Purchasing
Responsible Material Purchasing
  1. Youngshin Precision Co., Ltd. must establish a process to identify the countries and regions from which it procures raw materials and parts used directly or indirectly in the manufacture of products delivered to customers at any stage in the supply chain.
  2. Youngshin Precision Co., Ltd. ensures that it does not receive manufacturing raw materials or parts using forced labor directly or indirectly at any stage in the supply chain.
  3. Youngshin Precision Co., Ltd. must establish a process to verify the origin and smelter of all minerals and raw materials, including conflict minerals such as tin, tungsten, tantalum, and gold, contained in the product.
  4. Youngshin Precision Co., Ltd. must strive to inspect social and environmental issues such as serious human rights and ethical violations and negative environmental impacts at the origin and smelter of minerals and raw materials in accordance with the relevant process.

Information Protection
Information Protection
  1. Youngshin Precision Co., Ltd. does not disclose the trade secrets or security-requiring information of its customers or business partners without permission. Information acquired while performing work must not be stored or used without prior permission and approval.
  2. Youngshin Precision Co., Ltd. must collect and use personal information within the legal scope, including the purpose of collection and use of personal information and the period of retention and use. If you change the above information, you must obtain prior consent.

Information management
Information management
  1. Youngshin Precision Co., Ltd. must accurately record and manage status and risk-related information in the areas of ethics, environment, labor, human rights, safety, and health.
  2. If the laws of the country in which it operates, industrial organizations, or important customers with which it has entered into business contracts request disclosure of such information, Youngshin Precision Co., Ltd. must endeavor to disclose such information transparently, unless prohibited by law.

Intellectual Property Protection
Intellectual Property Protection
  1. Youngshin Precision Co., Ltd. must respect the intellectual property rights held by its customers and business partners. We must take appropriate measures to protect the intellectual property rights held by our partners and at the same time check whether the intellectual property rights are being infringed.

Youngshin Precision Co., LTD
POST : 38039   ADDR : 156, Moaoya-gil, Cheonbuk-myeon, Gyeongju-si, Gyeongsangbuk-do, Korea
TEL : 82 - 54 - 745 - 4491   FAX : 82 - 54 - 745 - 4490

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