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Business ethics and anti-bribery policy
2021-10-20
The purpose of this policy is to clarify the Company's position on business ethics and anti-bribery, to regulate the behavior of employees and third parties with whom the Company has business dealings, to ensure that the Company's business activities are lawful, honest and fair, and to safeguard the Company's reputation and interests.

1. Policy Objectives

The purpose of this policy is to clarify the company's position on business ethics and anti-bribery, regulate the behavior of employees and third parties that have business dealings with the company, ensure that the company's business activities are legal, honest and fair, and safeguard the company's reputation and interests.

II. Scope of application

This policy applies to all employees, senior management and board members of the company.

3. Business Ethics Principles

1. Honesty and compliance with laws: The company requires all employees and third parties to strictly abide by national laws and regulations and not to engage in any illegal or irregular business activities.

2. Fairness and Ethics: The Company advocates fair and just business competition and shall not use unfair means to gain competitive advantages or harm the interests of others.

3. Respect for customers: The company respects the rights and interests of customers and shall not engage in fraud, misleading or concealment, ensuring that customers obtain true and accurate information.

4. Protect intellectual property rights: The company respects and protects intellectual property rights and shall not infringe on the patent rights, trademark rights, copyrights, etc. of others.

IV. Anti-bribery principles

1. Prohibition of Bribery: The company strictly prohibits any form of bribery, including but not limited to providing money or other benefits to government officials, customers, suppliers, etc. in order to obtain improper benefits.

2. Gifts and entertainment: The company prohibits providing cash, gold and silver jewelry, stocks and other cash equivalents as gifts or entertainment to any person. For gifts and entertainment that comply with business practices, the company's compliance department must be approved in advance and ensure that they are legal and compliant.

3. Transparency: The company requires that all business activities be transparent and open to the public, avoiding any form of shady dealings or profit transfers.

V. Internal Control and Risk Management

1. Training and publicity: The company will regularly organize employees to participate in business ethics and anti-bribery training to improve employees' awareness and response capabilities of business ethics and anti-bribery. At the same time, the company will communicate the content and requirements of this policy to employees through internal communication channels.

2. Reporting channel: The company has set up a reporting channel (hr@cds.cn) to encourage employees and third parties to actively report suspected violations of business ethics and anti-bribery. The company will strictly protect the legitimate rights and interests of reporters and carefully verify and handle the contents of the reports.

VI. Violation Handling

1. Disciplinary Action: For employees or third parties who violate this policy, the company will impose appropriate disciplinary actions based on the severity of their violations, including but not limited to warnings.

2. Legal liability: For any suspected violation of laws and regulations, the company will cooperate with relevant departments in investigation and handling in accordance with the law, and may face legal liability and legal sanctions.

VII. Policy Revision and Review

This policy will be reviewed and revised regularly to ensure that it complies with laws and regulations and the actual situation of the company. The company will actively advocate honest, fair and transparent business ethics, establish a good corporate image, and contribute to social harmony and stability.



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Xingdesheng Technology (Suzhou) Co., Ltd.

Telephone:

0512-62745528

mail:

sales@cds.cn

address:

No. 15, Linbu Street, East Ting Road, Weiting Town, Suzhou Industrial Park, Suzhou City, Jiangsu Province

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