ESG

Ethical Management

At Daxin, we act with integrity. Our mission is to extend integrity to our customers, suppliers, creditors, shareholders, and the general public.

Daxin strictly prohibits all forms of bribery and corruption. As Daxin employees, we are entrusted with ensuring that the company’s operations reflect responsible business practices. To meet this responsibility, each employee must comply with the Employee Code of Conduct. We also host ethical management training programs for new hires and company-wide training to reinforce our ethical culture. At the same time, Daxin works cooperatively with its customers and suppliers to deliver benefits to the industry, and builds trust with its stakeholders.

The company's management team acts in accordance with the ethical principles, and fosters a culture of good governance with the focus on ethics and tone at the top to build a sustainable business. To ensure the sound management of integrity, the Company’s Board meeting approved “Ethical Corporate Management Best Practice Principles” on Nov 4th, 2020, which designated Human Resources Development Department to make policy and monitor execution results. Furthermore, a cross-functional Integrity Management Team has been formed to integrate resources across different departments and carry out initiatives on integrity.

It is annually reported the implementation status to the Board of Directors. The latest report date is August 10th, 2023. 

Measures of ethical management include:

Ethical Management 2023 Achievements
Awareness
  • The Company provides training on ethical corporate management for new hires and promotes the “Employee Code of Conduct” annually which all employees are required to complete the course and take the test. The passing rate of the test was 97% in 2023.
  • The Company provides training on ethical corporate management. As of the end of 2023, the total training hours were 1,744; each employee received 4 hours of training related to ethical management training.
Commitment
  • Employees: 100% completion rate of signing the “Statement of Commitment to Ethical Conduct”.
  • Key Suppliers:100% completion rate of signing the “An Undertaking of Transactions in Good Faith”
Actions
  • The company has established  “Reporting Channels and Whistleblower Protection”,  and a mailbox (integrity@daxinmat.com) is available on the company’s website.
  • In 2023, we didn't receive any report related to ethics matters.

Daxin actively develop positive relationships with all customers and suppliers to create a sustainable future. External stakeholders can report violations of integrity through the mailbox (integrity@daxinmat.com). Any such reporting will be treated as confidential to the extent permitted by law.