Modern Slavery Statement

Novax Electronics Limited is a global distributor of electronic components, products, provider of services and solutions to industrial and commercial users of electronic components. 

Our Head Office is based in Hong Kong, China, operating in multiple sites around the world. 

Being part of the electronic component distribution industry, we recognise that we have a responsibility to take a zero-tolerance approach to slavery and human trafficking within our organisation and our supply chain. 

Our organisation is committed to preventing slavery and human trafficking in its corporate activities, and to ensure that its supply chains are free from slavery and human trafficking. 

Novax Electronics Limited continues to review and improve its efforts at minimizing the potential for human trafficking and slavery of any form in our supply chain. These efforts include, but are not limited to: 

  • Developing and implementing procedures for suppliers to certify that they are acting in a manner consistent with Novax Electronics Limited own standards. 
  • Conducting on-going training on Novax Electronics Limited Code of Business Conduct and Ethics.
  • Novax Electronics Limited openly encourage the reporting of breaches within the supply chain and or within the organisation. 

Novax’s Board of Directors promote and encourage transparency, ethical conduct, and a commitment to comply with Modern Slavery and Human Trafficking laws. Our employees are provided with resources and training to help them meet our ethical and legal obligations with regards to anti-slavery and human trafficking laws, including The Modern Slavery Act. 

Novax’s Board of Directors reviews the Policy annually to ensure that it continues to meet or exceed current regulatory framework. Proposed changes to the Policy are reviewed and approved by the Board of Directors before being implemented and communicated to all our employees. 

This statement has been approved by the Novax Group’s Board of Directors and are committed to review and update it annually. 

Hanyong Ma, Group CEO

Peter Wong, Group CFO

Saijun Ma, Managing Director