SUSTAINABLE DEVELOPMENT

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Corporate Governance Policy

As a responsible enterprise, Capchem attaches great importance to the sustainable development and value growth of the company. We discipline ourselves with high standards, integrate environmental, social and corporate governance (ESG) factors into our corporate governance structure and institutional processes, continuously improve our corporate operation and management level, and effectively protect the rights and interests of our shareholders and investors.

 

1. Corporate governance

Capchem attaches great importance to corporate governance and is committed to building a corporate governance structure with clear division of powers and responsibilities, reducing operational and business risks, and promoting the sustainable construction of the enterprise in a scientific and efficient manner.

1.1 Capchem establishes and continuously improves the governance system with the Shareholders' General Meeting, the Board of Directors and the Supervisory Committee as the top-level structure, and devotes itself to guaranteeing the effective operation of the top-level governance system, so as to enable the Company to stabilize its operation and long-term development, and to effectively safeguard the rights and interests of the shareholders of the Company;

1.2 Capchem attaches great importance to the role played by ESG factors in the process of corporate governance, endeavors to form a diversified and inclusive Board of Directors, and assigns relevant committees the responsibility to monitor the ESG performance of the Company.

 

2. R&D Innovation and Corporate Governance

Capchem takes R&D and innovation as the power source of corporate development, vigorously improves its internal R&D and innovation strength, and carries out intellectual property protection.

2.1 Capchem has established a perfect R&D and innovation system, with several management platforms under the Research Institute, which oversee the R&D and innovation and corporate governance of each base and factory;

2.2 Capchem actively innovates with all walks of life to promote the development of the industry, the company participates in the formulation of a number of national and industry standards, industrial cooperation with various business partners, and well-known universities at home and abroad to carry out industry-university-research cooperation;

2.3 Capchem actively maintains the company's innovation achievements, vigorously carries out training related to corporate governance and intellectual property rights, encourages employees to actively apply for patents, trademarks and other intellectual property rights, and establishes an intellectual property management platform, regularly organizes patent inventory, and comprehensively carries out intellectual property rights acquisition, protection and application.

 

3. Business ethics and operation compliance

Capchem has always regarded compliance with the law as the bottom line of business operation, and has steadily promoted compliance management, supervision and cultural propaganda around the laws and regulations applicable to the place of operation.

3.1 Capchem is committed to carrying out its business activities in compliance with the law, requiring all employees to consciously comply with relevant laws and regulations and the requirements of the relevant company systems, and prohibiting illegal behavior such as embezzlement, corruption, bribery, fraud, conflict of interest, unfair competition and so on;

3.2 Capchem has formulated the Company's Code of Business Ethics, Anti-Corruption Policy, and Whistleblowing Policy in accordance with relevant regulations and industry best practices, and will update these policies from time to time;

3.3 Capchem enhances the compliance awareness of all managers and employees and effectively publicizes the corporate culture of integrity by signing integrity agreements and conducting business ethics training;

3.4 Capchem establishes diversified reporting and complaint channels, encourages all relevant parties to report wrongdoings arising from the operation of the company in an open or anonymous form, and will handle the provided reporting information and personal information confidentially;

3.5 Capchem expects to establish long-term partnerships with suppliers that meet the Company's compliance requirements, urges all suppliers to sign the Company's Integrity Agreement, and requires each supplier to set up an anti-corruption policy system and an anti-corruption monitoring program that meets its own characteristics. The company will regularly organize supplier integrity audits to build a compliant supply chain;

3.6 Capchem plans to conduct business ethics audits of all its businesses every three years to verify the effectiveness of the implementation of the Company's business ethics management procedures and to guard against possible irregularities in the course of the Company's daily operations.

 

4. Privacy and Information Security

With the gradual expansion of the Company's business overseas, Capchem strictly complies with local regulatory requirements in the course of its globalized operations and management, continues to attach importance to and promote information security and privacy protection, and strives to improve the compliant globalized operations and management system.

4.1 Capchem has formulated its information security policy and management system in accordance with relevant regulations, industry best practices and the ISO27001 standard, and will update the policy and management system from time to time;

4.2 Capchem actively refers to the obtained ISO27001 certification, and continues to safeguard the privacy and information security of the company and its customers through internal audit and internal control, third-party inspection and verification, access restriction and encryption, attack and defense drills, and information security training;

4.3 Capchem undertakes to share customer information with third parties only for the necessary purposes and within the scope, and ensures that it obtains the customer's permission before providing customer information to third parties.