Beiqi Foton Motor Co. (hereinafter referred as “the Company”) is a cross-regional, cross-trade and cross-ownership state-holding listed company. The Company has the vision to become a world-class leader equipped with leading technology and leading quality in the vehicle industry. The Company has cultivated a people-oriented enterprise culture upon the basement of organizational objectives and in line with laws and institutions. Honest commercial activities of compliance are the indispensable guarantee to implement the vision of the Company and to practice pursuant to our enterprise culture.
I. Basic compliance requirements三、与商业伙伴和第三方的行为规范
The Company and all its employees shall comply with laws and regulations, regulatory rules and Company’s management system. The employee shall at the same time comply with the professional ethics.1、对管理人员的合规要求
1. Compliance requirements for the managerial personnel
The managerial personnel should take the lead and set the example by adequately performing their supervisory and managerial duties, and be responsible for acts of their own and of their subordinates.
2. Compliance requirements for employees
The act and behavior of every employee would externally influence the reputation of the Company, and internally influence the corporate management and the cultivation of our enterprise culture. Every employee, therefore, shall behave himself or herself for the establishment of an excellent reputation of the Company.
All the employee shall treat people and act his or her part in good faith, and respect others and their rights and privacy. As teamwork is the foundation for the Company to achieve its success in a long run, all the employee shall attach great importance to teamwork. Through participation in teamwork, all the employee shall learn the virtues of others, enhance their own capacities, and diligently fulfill their duties.
3. Compliance requirements for business partners
Business partners of the Company (including but not limited to suppliers and distributors) shall identify with the compliance culture of the Company, comply with relevant laws and regulations, strictly prohibit corruption, be responsible for the health and safety of their own employees, guarantee the quality of their products and service, and observe the relevant environmental mandatory standards.
II. Applicable Scope
These compliance guidelines apply to all the employee and expatriates of the Company, its branches (business divisions), and its wholly-owned subsidiaries. Expatriates shall additionally comply with compliance regulations of the host companies.
III. Guidelines for dealing with business partners and third parities
The Company prohibits the employee from offering or accepting bribes or other acts of corruption. Every employee shall neither directly or indirectly offer any business partner or third party inappropriate interests (including but not limited to money or any goods or services of value) in any form, nor directly or indirectly accept inappropriate interests (including but not limited to money or any goods or services of value) in any form offered by any business partner or third party.
2. Fair competition and Antitrust
Fair competition would contribute to fostering good market circumstances, and furthermore creates greater social benefits. The commercial activity of the Company shall comply with the principle of fair competition and relevant Anti-unfair competition and Anti-trust regulations.
3. Anti-money laundering
The Company do not provide convenience for any act of money-laundering. All the employee must comply with relevant legal and financial regulations related to cash and payments.
4. Export control
The Company shall comply with export control, trade control and goods embargo regulations of United Nation and relevant countries, and guarantee that its import and export of products are in compliance with export control, trade control and goods embargo regulations.
All the donation made by the Company shall comply with laws and regulations, and conform to objectives and principles of the Company. The Company shall positively and duly contribute to society, and shoulder its corresponding social responsibilities.
6. Avoidance of conflict of interests
When making all kinds of business decisions, all the employee shall place the interest of the Company in the first place, avoiding conflicting with the interest of the Company. All the employees are prohibited from obtaining personal interests at the expense of the Company’s. Conflicts of interests could be including e.g. employees directly or indirectly doing businesses with the Company without its prior approval, engaging in part-time jobs interfering with the fulfillment of their job responsibilities within the Company, doing businesses in competition with those of the Company, and etc.
Without approval, employees and their close relatives may not directly or indirectly develop loan, investment and other financial relationship with the Company’s customers and suppliers or its potential customers and suppliers. However, the personal investment of purchasing liquid stocks of the aforementioned customers or suppliers at the secondary market is exceptionally allowed, and such stock investments shall comply with relevant laws and regulations.
IV. Protection of corporate assets
The employee shall protect assets of the Company, including but not limited to its reputation, intellectual properties, data, products, real estates, and other forms of assets, from losses and abuse. Employees may utilize assets of the Company with the sole purpose of fulfilling their work tasks, and conducting businesses of the Company; without approval employees may never randomly utilize or dispose of any asset of the Company.
Employees shall keep the confidential information of the Company and that the Company is obliged to keep in confidentiality (including but not limited to the product design and operational data of the Company, and etc.) they learn during their work. Employees may only utilize such confidential information pursuant to their responsibilities and comply with laws, regulations and relevant requirements of the Company.
VI. Data and Internet security
Employees must comply with relevant laws and regulation ruling data and Internet security, relevant regulations related to the utilizing, storage and safety of information system, software, information technology equipment, E-mail, Internet, corporate internal network, and etc., and comply with internal regulations of the Company connected to data protection.
VII. Records and reports
The Company must maintain efficient measures of processes and controls, in order to keep the corporate business in compliance with laws and regulations. All the employee in the Company must guarantee that the document records involved in their work are complete, accurate and authentic.
The financial personnel shall guarantee that the account book, certificate and statement reasonably and accurately reflect transactions and disposition of the corporate assets in details, and record transactions of the Company pursuant to applicable Accounting Standard for Business Enterprises (ASBE). The Company shall issue public report according to relevant commercial and legal requirements.
The Company shall continue improving the quality of its products and services, with the ideal of providing customers the best products and services and the purpose of meeting and surpassing the needs of customers.
IX. Environment, safety and employee’s rights and benefits
The Company highly value environmental protection, conservation of natural resources, and the establishment and perfection of a professional health and safety mechanism. The Company strictly complies with laws and regulations related to environment, safety and professional health, protects the legal rights and benefits of the employee, for the development of an environmental, safe and healthy business.
X. Compliance consultation and report
1. Compliance consultation
Compliance Management Division provide compliance counselling services open to all the employee:
Phone number for consultation: 86-10-80710462
E-mail for consultation: firstname.lastname@example.org
The Company has phone and e-mail to receive reports of acts violating these Compliance Guidelines of the Company. The Company shall keep the reports in strict confidentiality and protect the reporter or informer from retaliation, and award the reporter or informer appropriate incentives in the event of losses being recovered. Please report or inform via the following methods:
Phone number for report：86-10-80708855
E-mail for report: email@example.com
Address: Shayang Road, Shahe County, Changping District, Beijing, 102206
Attn: Compliance Management Division, Legal and Intellectual Property Department, Beiqi Foton Motor Co.,Ltd
Any violation of these Compliance Guidelines shall be correspondingly punished to the extent of termination of labor contracts or litigations.
1. These Compliance Guidelines are approved by the Employee Representatives Congress and come into force on the date of issuance.
2. These Compliance Guidelines are the normative document of the supreme effect within the Company. Any mechanism, policy or rule in their parts and/or in their whole contrary to these Compliance Guidelines in their parts and/or in their whole is void.
3. The Company has authorized the Compliance Management Division of the Legal and Intellectual Property Department to compile, amend, and issue detailed rules for enforcement, instructions, or guidelines of these Compliance Guidelines.