Business Ethics Policy


<p>Our goal is to create sustainable and long-term opportunities for our communities to support social and economic development.</p>



<p>We value cooperation and responsibility towards the environment and society in which we operate. For this purpose, we are working on defining the structure of environment, society and governance.</p>


Social responsibility


<p>We believe that consistent adherence to environmental, social and governance (ESG) standards aligns with our business strategy and corporate values ​​and enhances business credibility. We aim to create an accessible environment for our employees to develop. We consider the health and safety of our employees to be of utmost importance, so it is only natural that we adhere to ESG standards. We strive to contribute to the development of a green economy by combating climate change by developing low-carbon infrastructure.</p>



<p>We strive to provide equal opportunity and participation to all employees. We aim to create a free and equal opportunity environment that does not discriminate based on age, gender, family, marital status, race, pregnancy, disability, religion, belief, or sexual orientation.</p>


Equal opportunity and participation


<p>We value fair competition and prohibit any unfair practices that could harm the company&#8217;s business. Company employees are prohibited from providing internal company confidential information to customers, suppliers and competitors or seeking, receiving or discussing confidential information from competitors. We comply with the Competition Law.</p>


Fair competition


<p>We respect the rights and dignity of our company&#8217;s employees and colleagues. Everyone in the world has a role to play in ending human rights violations such as child labor, forced labor, human trafficking, and slavery. Therefore, if we believe that there is a violation of human rights within the internal operations of the company or our colleagues, we resolve it within the law without delay</p>


A commitment to human rights


<p>We work within the framework of the relevant laws and regulations of Mongolia and adhere to the rule of law in all our business dealings. Disciplinary procedures are in place for non-compliance with any laws, standards or policies.</p>


Legal compliance


<p>We empower our employees to report any inappropriate behavior at any level of our business without worry. All issues raised in this context will be received and resolved accordingly. Responsible for communicating information about any issues through higher level officials and managers. If it is considered impossible, it will be reported in the &#8220;classified report&#8221; of the company.</p>


Freedom of speech


<p>Business ethics is our core value, through supporting, building capacity of our employees will help us to continue to deliver good and quality services to our customers.</p>



<p>Under the value of let’s build excellence together, we engage in following industries construction, freight and logistics, warehousing, trade, real estate, elevator and escalator service and installations, 4×4 off road accessories,  chemical factory and camel&#8217;s milk powder. </p>


Excellence together


<h3 class="wp-block-heading">Major</h3>



<p>Civil Engineer</p>



<h3 class="wp-block-heading">Education</h3>



<ul class="wp-block-list">
<li>2007-2012
<ul class="wp-block-list">
<li>Bachelor&#8217;s degree in Construction Management, School of Civil Engineering and Architecture, Mongolian University of Science and Technology</li>
</ul>
</li>



<li>2015-2016
<ul class="wp-block-list">
<li>Master&#8217;s degree in Management, National Academy of governance under the Cabinet Secretariat of Government of Mongolia</li>
</ul>
</li>



<li>2020
<ul class="wp-block-list">
<li>Certified Engineer of Construction Development Center</li>
</ul>
</li>
</ul>



<h3 class="wp-block-heading">Experience</h3>



<ul class="wp-block-list">
<li> 2010-2014
<ul class="wp-block-list">
<li>Planning Engineer for Construction Projects at Nomin Construction LLC</li>
</ul>
</li>



<li>2014-2016
<ul class="wp-block-list">
<li>General Manager for Construction Projects at “Tavan Bogd Group”</li>
</ul>
</li>



<li>2016-2017
<ul class="wp-block-list">
<li>Project Manager for “Oyu Tolgoi Project” MMS Engineering LLC</li>
</ul>
</li>



<li>2017-2021
<ul class="wp-block-list">
<li>Construction Project Manager at Moncon Construction LLC</li>
</ul>
</li>



<li>2021-2024
<ul class="wp-block-list">
<li>Project Manager at “Gobi Infrastructure Partners” LLC</li>
</ul>
</li>



<li>from 2024
<ul class="wp-block-list">
<li>Chief Engineer at “Khan Khogshin State” LLC</li>
</ul>
</li>



<li>from 2025
<ul class="wp-block-list">
<li>CEO at “Tanka Concept Design” LLC </li>
</ul>
</li>
</ul>


Baasankhuu V.


<h3 class="wp-block-heading">Major</h3>



<p>Accounting, Economy</p>



<h3 class="wp-block-heading">Education</h3>



<ul class="wp-block-list">
<li>1985-1987
<ul class="wp-block-list">
<li>Accountant and Economist at College of Finance and Economy</li>
</ul>
</li>



<li>1996-1998
<ul class="wp-block-list">
<li>Accountant and Economist at University of Finance and Economy </li>
</ul>
</li>
</ul>



<h3 class="wp-block-heading">Experience</h3>



<ul class="wp-block-list">
<li>1987-2001
<ul class="wp-block-list">
<li>He held the positions of Accounting Clerk, Chief Accountant, and Financial Director at Khutul Cement Shokhoin JSC.</li>
</ul>
</li>



<li>2001-2002
<ul class="wp-block-list">
<li>Economist at the Ulaanbaatar, Songinokhairkhan District Tax Department</li>
</ul>
</li>



<li>2003-2004
<ul class="wp-block-list">
<li>Chief Accountant at Infrastructure Consulting LLC</li>
</ul>
</li>



<li>2004-2008
<ul class="wp-block-list">
<li>Chief Financial Officer at the Mongolia-Singapore joint venture DSM LLC</li>
</ul>
</li>



<li>2008-2012
<ul class="wp-block-list">
<li>Director of the Transport Department at APU JSC </li>
</ul>
</li>



<li>2012-2020
<ul class="wp-block-list">
<li>He was the Governor of Kharkhorin sum, Uvurkhangai aimag </li>
</ul>
</li>



<li>Since 2023
<ul class="wp-block-list">
<li>He has been working as the Executive Director of New Sunny Sunday LLC. </li>
</ul>
</li>
</ul>


Enkhbat L.


<h3 class="wp-block-heading">Major</h3>



<p>International lawyer</p>



<h3 class="wp-block-heading">Education</h3>



<ul class="wp-block-list"><li>2004-2009 <ul><li>National university of Mongolia ,School of Law Studied Master of Business Administration in Corporate Governance at University of Finance and Economics</li></ul></li></ul>



<h3 class="wp-block-heading">Experience</h3>



<ul class="wp-block-list"><li>2009-2016 <ul><li>Head of Office, Parliament of Mongolia</li></ul></li><li>2016-2017 CEO, <ul><li>“Ulaanbaatar Group” LLC</li></ul></li><li>2017-2019 <ul><li>Board member, “Khankhugshin Trading” LLC</li></ul></li><li>2019-Present <ul><li>CEO, “Khankhugshin International” LLC</li></ul></li></ul>


Demchig S.


<p>Profession:</p>



<p>Lawyer</p>



<p><strong>Education:</strong></p>



<ul class="wp-block-list">
<li>2013-2018: 
<ul class="wp-block-list">
<li>School of Law, National University of Mongolia (NUM)</li>
</ul>
</li>
</ul>



<h5 class="wp-block-heading"><strong>Work experience: </strong></h5>



<ul class="wp-block-list">
<li>2023 &#8211; Present: 
<ul class="wp-block-list">
<li>Director of Operations, Khanhogshin International LLC</li>
</ul>
</li>



<li>2018 &#8211; 2023: 
<ul class="wp-block-list">
<li>Legal Consultant, Khanhogshin International LLC</li>
</ul>
</li>
</ul>


Baasanjargal G.


<h3 class="wp-block-heading">Education: </h3>



<ul class="wp-block-list">
<li>2000-2005
<ul class="wp-block-list">
<li>Bachelor Degree, University of Arkansas at Little Rock, Arkansas, USA </li>
</ul>
</li>



<li>2010-2011
<ul class="wp-block-list">
<li>Graduate Diploma, Australian National University, Canberra, Australia</li>
</ul>
</li>



<li>2011-2012
<ul class="wp-block-list">
<li>Master’s Degree, Australian National University, Canberra Australia </li>
</ul>
</li>
</ul>



<h3 class="wp-block-heading">Experience:&nbsp;&nbsp;</h3>



<ul class="wp-block-list">
<li>Since 2021
<ul class="wp-block-list">
<li>CEO of “Engui Undarga” LLC </li>
</ul>
</li>



<li>2019-2021
<ul class="wp-block-list">
<li>Deputy Director of Research and Training Institute of the Bank of Mongolia</li>
</ul>
</li>



<li>2017-2019
<ul class="wp-block-list">
<li>Bank of Mongolia’s Resident Representative in London and Europe </li>
</ul>
</li>



<li>2015-2017
<ul class="wp-block-list">
<li>Project Manager at the National Reinsurance Company</li>
</ul>
</li>



<li>2006-2015
<ul class="wp-block-list">
<li>Financial Regulatory Commission, Department of Policy Regulation, Department of Foreign Affairs, specialist, senior specialist</li>
</ul>
</li>
</ul>


Batmunkh Ts.


<p><strong>Major</strong></p>



<p>Finance, Accounting</p>



<p><strong>Education</strong>:&nbsp;</p>



<p>2006-2008 : </p>



<ul class="wp-block-list">
<li>Institute of Banking and Financial Management, Banking and Finance </li>
</ul>



<p>2008-2010 : </p>



<ul class="wp-block-list">
<li>Ulaanbaatar-Erdem University-Accounting </li>
</ul>



<p>2015, 2019:</p>



<ul class="wp-block-list">
<li>Engineer specializing in construction materials production (concrete production, concrete chemical additives)</li>
</ul>



<p>From 2025 :</p>



<ul class="wp-block-list">
<li>Project Management Institute, Project Management professional</li>
</ul>



<p><strong>Experience:&nbsp;</strong></p>



<p>2011-2018 :</p>



<ul class="wp-block-list">
<li>Account officer at Trade Development Bank LLC</li>
</ul>



<p>2018-2022 :</p>



<ul class="wp-block-list">
<li>Senior Account officer at Trade Development Bank LLC</li>
</ul>



<p>2022-2025 : </p>



<ul class="wp-block-list">
<li>Branch Director at Trade Development Bank JSC</li>
</ul>



<p>From 2025 : </p>



<ul class="wp-block-list">
<li>Chief Executive Officer of Govigurvan Khasar LLC</li>
</ul>



<p></p>


Uuganbayar B.


<h3 class="wp-block-heading">Major</h3>



<p>Geophysicist “National university of science and technology”</p>



<p>Civil engineer “National university of science and technology”</p>



<h3 class="wp-block-heading">Education</h3>



<ul class="wp-block-list"><li>2006-2010 <ul><li>Geophysics “University of science and technology”</li></ul></li><li>2011 <ul><li>Educational center of HSE in UB “HSE worker”</li></ul></li><li>2011 <ul><li>Training course of Sercel-428XL seismic recorder “Land seismic observer”</li></ul></li><li>2012 <ul><li>Training course of CGGVeritas University “Geoland, geovation seismic data acquisition, planning, processing”</li></ul></li><li>2014-2017 <ul><li>Civil and industrial construction engineer “Mongolian university of science and technology”</li></ul></li></ul>



<h3 class="wp-block-heading">Experience</h3>



<ul class="wp-block-list"><li>2009-2011<ul><li>Geophysicist, “Erdenyn erel” LLC&nbsp;</li></ul></li><li>2012-2019 <ul><li>Geophysicist, “Erdsan petroleum” LLC</li></ul></li><li>2016 <ul><li>Head of window production, “Gerelt construction” LLC</li></ul></li><li>2016-2017 <ul><li>Construction site manager, “Saruul saikhan” LLC&nbsp;</li></ul></li><li>2018-Present <ul><li>CEO, “Diamond construction” LLC</li></ul></li></ul>


Damdinsuren J.


<h3 class="wp-block-heading">Education:&nbsp;</h3>



<ul class="wp-block-list"><li>2000-2005&nbsp;<ul><li>Bachelor Degree, University of Arkansas at Little Rock, Arkansas, USA&nbsp;</li></ul></li><li>2010-2011&nbsp;<ul><li>Graduate Diploma, Australian National University, Canberra, Australia</li></ul></li><li>2011-2012&nbsp;<ul><li>Master’s Degree, Australian National University, Canberra Australia&nbsp;</li></ul></li></ul>



<h3 class="wp-block-heading">Experience:&nbsp;&nbsp;</h3>



<ul class="wp-block-list"><li>Since 2022&nbsp;<ul><li>CEO of “Khankhugshin International” LLC&nbsp;</li></ul></li><li>2019-2021&nbsp;<ul><li>Deputy Director of Research and Training Institute of the Bank of Mongolia</li></ul></li><li>2017-2019&nbsp;<ul><li>Bank of Mongolia’s Resident Representative in London and Europe&nbsp;</li></ul></li><li>2015-2017&nbsp;<ul><li>Project Manager at the National Reinsurance Company</li></ul></li><li>2006-2015&nbsp;<ul><li>Financial Regulatory Commission, Department of Policy Regulation, Department of Foreign Affairs, specialist, senior specialist</li></ul></li></ul>


Batmunkh.Ts


<h3 class="wp-block-heading">Major</h3>



<p>Engineer</p>



<h3 class="wp-block-heading">Education</h3>



<ul class="wp-block-list"><li>2012-2016 <ul><li>Shandong University of Science and Technology, Studied Master of Business Administration at Tunji University</li></ul></li></ul>



<h3 class="wp-block-heading">Experience</h3>



<ul class="wp-block-list"><li>2016-2022 <ul><li>Senior specialist at the Business Development Department at MCS Group</li></ul></li><li>2022-present <ul><li>“Khankhugshin International” LLC Business Development Director</li></ul></li></ul>


Anar E.


<h3 class="wp-block-heading">Position</h3>



<p>General Accountant</p>



<h3 class="wp-block-heading">Major</h3>



<ul class="wp-block-list">
<li>2008-2009
<ul class="wp-block-list">
<li>Transport engineer “University of science and technology”</li>
</ul>
</li>



<li>2009-2013
<ul class="wp-block-list">
<li>Graduated in Economics, University of Madras, Chennai, India</li>
</ul>
</li>
</ul>



<h3 class="wp-block-heading">Experience</h3>



<ul class="wp-block-list">
<li>2017
<ul class="wp-block-list">
<li>Present General accountant “Khankhugshin Group”&nbsp;</li>
</ul>
</li>
</ul>
