Page 49 - annual report AUCT 2025_Eng

Business Operation and Operating Results Corporate Governance Financial Statements Attachments
The Company continued to pursue its work plans to achieve the goals on sustainability, in economic
& corporate governance dimension, social dimension and environmental dimension, such as product
responsibility, quality services, data privacy & cyber information security, accessibility to customer products
& services, employee capacity development and pollution reduction.
In 2025, the Company increased the application of AI with the works to raise data storage accuracy
and asset management efficiency, reduce unnecessary costs and speed up the works, as well as analyze
market conditions and business directions, by focusing on increasing the potential and specialized skills
of employees continually to support the Company’s business activities in a sustainable manner. Moreover,
training courses also be emphasized to cultivate employees so they will be able to deliver good quality
services to customers consistently.
Management of impacts on stakeholders in the business value chain
Business value chain
The Company operates an asset auction business, with its primary assets consisting of cars,
motorcycles, and agricultural vehicles. The Company is committed to creating value from these assets
through a transparent auction process supported by complete and accurate information. This approach
fosters sustainable relationships with stakeholders and supports sustainability business growth.
SMART PARTNERS
- Partners, sellers, group of banks, financial institutions,
non-performing loan (NPL), group of insurance companies,
juristic person, natural person.
- Partners, purchasers, group of tent cars, used-car associations,
natural person.
- Diversified products lead to price competition. Partners, both sellers
and purchasers, can have reasonable and fair prices.
- Group of partners can manage and inspect the products.
- Select partners who support the anti-corruption and fraud policy.
SMART PROVISON
- Inspect, assess, and valuate, including clarify details of property
correctly and completely.
- Auction every day in all regions through online channel.
Auctions can be conducted anywhere.
- Communicate auction processes, auction value and list of assets
to be auctioned in every channel.
- Marketing promotion on all channels of social media.
SMART AUCTION
- Transparent auction, easy-to-use and can be inspected.
- Develop auction system, thus auction can be arranged both online
and at auction yard.
- Partners and sellers can access details of assets to be auctioned
to be used as guidelines for determining selling prices
- Partners and sellers have adequate information for decision-making.
SMART COMMUNICATION
- Communicate channels accessible to information.
- Organize training and provide knowledge relevant to auctions from
beginning until ending process.
- Communicate and introduce auction-related products.
SMART SERVICE
- Recommend asset relocation service after auction.
- Recommend loan service, before and after auction,
private vehicle inspection, and insurance.
- Recommend reasonable price garages for vehicle conditions
modification.
บริิษััท สหการประมููล จำำากัด (มหาชน)
Union Auction Public Company Limited
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