In July 2010, a new financial regulation (Dodd-Frank Act) was passed into law in the United States of America, stating that “the use of minerals produced in the conflict zone of the Democratic Republic of the Congo (DRC), is deemed to be indirect support of inhumane conduct in that country”. As a result of the adoption of this regulation relating to minerals produced in DRC, companies listed on any US Stock Exchange are obligated to report to the U.S. Securities and Exchange Commission as to whether their products contain conflict minerals.
JCM Group is not listed on any stock exchanges in the U.S., but we have taken steps to prohibit the use of conflict minerals, which have a indirect link with human rights abuses, environmental damage, corruption or illegality, in order to respect the purpose of this law and to fulfill our role in our supply chain, While complying with regulations relating to conflict minerals, we ask our suppliers for a report on their use of conflict minerals contained in their raw materials, parts and units composing our products. We make it clear and keep it informed that the use of such minerals is unacceptable and ensure that our products are composed of conflict-free minerals.