Modern Slavery Statement (FY 2024–2025)

Last updated: 24/11/2025

This statement is made in accordance with section 54 of the Modern Slavery Act 2015 and outlines the steps taken by Ming Yang Smart Energy (“Ming Yang”, “we”, “us” or “our”) in the 2024/2025 financial year to identify and mitigate the potential risk of modern slavery and human trafficking occurring in any part of its business and supply chain.

Commitment

Ming Yang Smart Energy opposes all forms of modern slavery and human trafficking. The UK Modern Slavery Act 2015 requires large businesses operating in the UK to publish an annual statement describing measures to prevent modern slavery in their operations and supply chains (as required by UK law). We endorse this transparency and aim to go beyond compliance.

Business Scope

Ming Yang Smart Energy was established in 2006 and is based in Zhongshan, China. It is part of Ming Yang Group, headquartered in China. The Company operates across multiple countries and is engaged in the design, manufacture, installation and servicing of renewable energy solutions, including wind, solar and storage systems.

Our supply chain includes raw material suppliers, component manufacturers, construction contractors, service partners and professional service providers across multiple continents.

Key Policies

  • Human rights & labour standards: We align with the UN Universal Declaration of Human Rights and International Labour Organization conventions. Forced labour, child labour and involuntary servitude are prohibited.
  • Company Code of Conduct: All employees must act lawfully and ethically. We are updating our Code to explicitly prohibit modern slavery.
  • Supplier Code of Conduct: We are formalizing requirements such as compliance with labour laws, fair wages and working conditions. Key suppliers must cascade these standards to subcontractors.
  • Whistleblowing: Employees and stakeholders can confidentially report concerns through anonymous channels without fear of retaliation.

Due Diligence & Risk Controls

  • Risk assessments to identify high‑risk suppliers (based on country, sector, use of subcontractors, etc.).
  • Screening and onboarding processes requiring potential suppliers to answer questions about their labour practices.
  • Contractual clauses prohibiting modern slavery and allowing termination for violations.
  • Site visits and informal observations by quality control and project teams; more formal audits are under evaluation.
  • Collaboration with suppliers to remediate issues; severing ties if remediation fails.

Training & Awareness

We train procurement, HR and project teams to recognize signs of forced labour and to follow company policies. New employees learn about our stance against modern slavery during induction.

Risk Assessment and Measuring Effectiveness

We conduct regular assessments to identify and evaluate potential risks of modern slavery and human trafficking within our operations and supply chains. Being part of the renewable energy sector, we recognise that risks may arise from multi-tier suppliers, subcontracting and sourcing of materials from regions with varying labour standards. We also consider that certain categories of suppliers may face higher risks due to labour intensity and reliance on temporary workforces.

We track key indicators such as training completion rates, audit results, supplier compliance and whistleblowing reports. Findings are reported to senior management and inform continuous improvement.

Future Commitments

We plan to finalize and roll out the Supplier Code of Conduct, expand supply‑chain audits, join industry initiatives, enhance grievance mechanisms for supply‑chain workers and review our statement annually.

Approval & Contact

This statement has been approved by the Ming Yang Smart Energy Board of Directors. For questions or to report concerns, contact data-protection@mingyang.com.