
| Values: Integrity & Credibility Integrity & Credibity is the foundation of all we do. Those with whom we work, live and serve can rely on us. We align our actions with our works and deliver what we promise. We build and strengthen our reputation through trust. We are respectful and behave in and honest manner. This is how we see ourselves, and this is how we want to be seen. |
| Our Value: Integrity & Credibility Integrity & Credibility is the foundation of all we do. Those with whom we work, live and serve can rely on us. We align our actions with our works and deliver what we promise. We build and strengthen our reputation through trust. We are respectful and behave in and honest manner.
◎ We are honest and act with integrity We hold ourselves to the highest standard of integrity and ethical behavior. We tell the truth. We promise only what we can reasonably expect to deliver. We strive to keep our commitments. Our company’s shareholders, customers, dealers, those with whom we do business and our fellow employees must be able to trust what we say and to believe that we will always keep our word.
◎ We avoid and manage conflict and potential conflicts of interest We must not engage in activities that create, or even appear to create, conflict between our personal and the interests of the company. These situations arise where a personal interest or family or other relationship makes it difficult for an individual to represent the company fully and fairly. Conflicts of interest can arise in any part of our operations. The most serious conflicts of interest usually arise where an employee has authority to spend the company’s money, has authority to hire or engage a person outside the company, or has information that could be valuable to a person outside the company. A conflict of interest or the appearance of a conflict of interest very often arises where an employee is offered a gift, favor, or entertainment, while some of this activity is part of a normal business relationship, we do not accept gifts, favors, or entertainment that have a value greater than we could reasonably reciprocate or that obligate or appear to obligate us to act in any way contrary to the law, our business Interests or ethical business practices.
◎ We compete fairly We believe that fair competition is fundamental to free enterprise. In relationships with competitors, dealers, suppliers, and customers, we avoid arrangements that restrict our ability to compete with others. There must be no arrangements or understanding with competitors affecting prices, terms upon which products are sold, or the number and type of products manufactured or sold.
◎ We ensure accuracy and completeness of our financial reports and accounting records The integrity of our financial reports and accounting records is based on validity, accuracy, completeness, timeliness and understandability of basic information supporting entries to the company’s books of account. We will ensure every accounting or financial entry accurately reflects that which is described by the supporting information. We expect employees involved in creating, processing, or recording such information to be personally responsible for its integrity. The same standards of integrity that apply to external financial reporting also apply to the financial statements that are used as internal management tools.
◎ We handle "inside information"appropriately and lawfully Inside information may be defined as information about a company not know to the public. Such information-certain financial data, technical materials, and future plans for example- may have significant value to others and therefore must be kept strictly confidential. Anyone who has “material” inside information about our company must not use it for personal gain or provide it to others. Our employee who has undisclosed information about a supplier, customer, or competitor should not trade in that company’s stock, nor should an employee advise others to do so. We expect all employees, their families, and others whose relationships with our company give them access to such information to comply with these principles.
◎ We refuse to make improper payments In dealing with public officials, other corporations, and private citizens: we firmly adhere to ethical business practices. We will not seek to influence others, either directly or indirectly, by paying bribes or kickbacks, or by any other measure that is unethical or that will tarnish our reputation for honesty and integrity. Even the appearance of such conduct must be avoided. |
| Our Code of Conduct: Excellent We pursue to provide customers excellent products and services: |
| Our Code of Conduct: Responsible Individually and collectively we make meaningful commitments – first to each other, and then to those with whom we work, live and seven. We understand and focus on the needs of our customers. We are global citizens and responsible members of our communities who are dedicated to safety, care for our environment, and manage our business ethically. We know it is both our duty and our honor to carry the Fangyuan heritage forward. ◎ We take personal responsibility Using our individual skills and talents, we each take personal responsibility for meeting our shared goals and keeping our commitments. ◎ We protect the health and safety of others and ourselves As a company, we strive to contribute toward a global environment in which all people can work safely and live healthy, productive live, now and in the future. We actively promote the health and safety of employees with policies and practical programs that help individuals safeguard themselves and their co – workers. We are committed to providing our customers with products and services that are the safest and most reliable available in the marketplace. We actively promote safety and safe practices throughout our value chain – from suppliers to end users. ◎ We protect our hard assets, our brands and our other intellectual property We go to extraordinary lengths to preserve, protect, and responsibly use all of our assets. This includes tangible as well as intangible assets, such as our brands, technology, business information, and intellectual capital. We will not make unauthorized disclosure of trade secrets or other sensitive information belonging to the company, our customers, dealers or suppliers – either during employment by our company or thereafter. While we may hire individuals who have knowledge and experience in various technical areas, we do not employ people as a means of gaining access to trade secrets and sensitive information of others. We have a personal responsibility to use every appropriate means to safeguard our company’s assets from loss, theft, or misuse. ◎ We safeguard our confidential information We consider every piece of information we own an asset. Some of it we share with others through advertising, product documentation, news releases, and public financial reporting. Everything else – including trade secrets, confidential financial information, new product or service development plans, and other sensitive corporate and personal information–we protect through careful attention to interpersonal communication, the secure use of all communications media and , where appropriate, legally enforceable agreements. ◎ We use electronic communications technology responsibly and professionally Electronic communication technology plays a vital role in how we conduct our business every day. Access to the internet and use of Fangyuan intranet systems, e-mail, telephones, portable telephones, digital assistants and fax machines, have become increasingly important. The company maintains this technology for legitimate business activities by authorized individuals, and to support a positive, professional business climate. As employees, we are expected to use such technology responsibly and professionally at all times. ◎ We recognize and respect privacy We recognize and respect the personal information privacy interest of individuals. We collect and process only relevant, accurate information needed or appropriate for business purposes, and do so only by lawful and fair means. We appropriately safeguard the security and confidentiality of company records containing personal information whether those records are held by Fangyuan business partner, and limit access to such information only to those who have a legitimate business need tor it when permitted by law. ◎ We support environmental responsibility through sustainable development Our products and services are intended to support sustainable development of global resources and they will meet or exceed applicable regulations and standards wherever they are initially sold. We establish and adhere to environmentally sound policies and practices in product design, engineering, and manufacturing. We educate and encourage our customers to use the products they purchase from us in environmentally responsible ways. We take effective steps to continually increase the natural resources efficiency and cleanliness of our facilities. We offer leadership and financial support to industry and community initiatives that share our commitment to the environment. ◎ We are pro-active members of our communities As individuals and as a company, we contribute significant time and resources to promoting the health, welfare, and economic stability of our communities around the world. We encourage all employees to participate in community activities that promote the common good. We believe that our success should also contribute to the quality of life in, and the prosperity and sustainability of, communities where we work and live. ◎ We mark responsible ownership and investment decisions Fangyuan investments must be compatible with social and economic priorities, local laws, and traditions of the countries where we do business. In all cases, our conduct should promote acceptance and respect for our company. We also expect that our host countries will recognize our need for stability, growth, and business success, and that they will honor their agreements, including those relating to rights and properties of citizens of other nations. ◎ We participate in public matters in an appropriate manner Our employees should feel free to participate in public matters and political processes according to their individual beliefs and citizenship rights. Where we participate as individuals in public matters or the political process we must be mindful that such activity is done in our individual capacity as private citizens and not on behalf of our company, and we must make this clear to all involved. The company supports committees aimed at encouraging political contributions by individuals and,from time to time- with the approval of the Chairman-may make political contributions as laws allow. |
| Our Code of Conduct: Innovative Innovation is the foundation for the success of our business, research and development is the basic power of our development strategy. We aims to take the lead in the technology in various business fields and create sustainable value. ◎ Business focused We put imagination to innovative R&D activities, to create sustainable values for our customer ◎ Curious & passionate Be curious to state-of-art knowledge and technology. Be eager to improve personnel capability. Be passionate in seeking innovation. ◎ Teamwork & committed We help each other succeed. We are a team, sharing our unique talents to help those with whom we work, live and serve. The diverse thinking and decision making of our people strengthens our team. We respect and value people with different opinions, experiences and backgrounds. We strive to understand the big picture, then do our part, we can produce better results than any of us can achieve alone. |
