Supplier management

Adhering to the concept of "opening doors widening and raising standards", we have established and improved a "supplier access information platform". We have extensively selected suppliers that have resource advantages, quality advantages and brand advantages.

Core Values of Supplier Management

BBN Group insists on building a “safe, stable, efficient, sustainable, and competitive” supply chain by establishing and improving supplier access information platforms, strengthening two-party audits, formulating management methods, public bidding, and signing strategic suppliers. To achieve the "three guarantees" goal of stable arrival quality, stable inventory structure, and stable blending of coal and ore.

Supplier Audit Process

Issuing a questionnaire

assessing the feedback
from suppliers

face-to-face
communication

site visits

sample testing

qualification evaluation

final confirmation of the audit results

Supplier Selection and Fair Value Assessment

Target of supplier selection

The BBN Group Purchasing Department is procuring items from ex-ternal suppliers, insisting on selecting the best suppliers and fair va-lue to obtain the best overall value for the BBN Group.

Supplier selection process

BBN Group adheres to the principles of fairness, openness, and int-egrity, and adopts centralized control and supplier team managem-ent processes to ensure that BBN Group chooses the suppliers that best meet the interests of customers.

Integrity and Ethics

BBN Group's policy is to deal fairly with suppliers and any other customers with a business relationship and to comply with business ethics. If you feel a violation of the standard, please report your concerns to the BBN Group Supplier Feedback Office. We will conduct investigations in accordance with the principles of respect for facts and prudence, and will keep secrets for the respondent.

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