First and foremost, adhering to laws and regulations is the cornerstone of an enterprise’s secure and sustainable growth. Effective compliance with laws and regulations not only prevents wrongdoing and reduces the labor, time, and expenses associated with legal investigations, fines, lawsuits, and negative
publicity, but also bolsters the enterprise’s reputation. This, in turn, attracts high-quality independent directors, employees, and partners, leading to a mutually beneficial scenario for the enterprise, its shareholders, and its stakeholders. In terms of corporate governance, we have established an Audit
Committee to oversee the Company’s financial status and internal control system. Additionally, we have developed a code of conduct for the Board of Directors, enhancing the Board’s efficacy.
Secondly, in the realm of personnel management, the Company has devised and implemented a reporting channel. Concurrently, the management leads by example, requiring every employee to ensure that their business conduct adheres to both legal and regulatory requirements, as well as the Company’s own policies and regulations. This guarantees that each unit upholds compliance through internal control mechanisms. Concerning personnel training, the company provides training for employees across different units and ranks on the laws and regulations pertinent to business execution, ensuring that the company’s operations align with the requisites of various laws and regulations.
Additionally, the Company safeguards the legitimate labor rights of its employees in accordance with labor laws and regulations.
Furthermore, concerning environmental safety and hygiene, SiRUBA has implemented an environmental management system, an occupational safety and health management system. The company adheres to the EU RoHS green environmental protection regulations. Not only does it require suppliers to furnish materials devoid of hazardous substances, but the company also abstains from employing raw materials containing hazardous chemicals during production process. Full compliance with RoHS regulations, as well as rigorous management of hazardous substances within suppliers’ raw materials, is upheld. Also, the company maintains an emergency response plan within the factory premises. An Emergency Response Command Center has been established, along with an organized Emergency Response Team, responsible for managing and addressing emergencies. In addition to these measures, the company is dedicated to furnishing all employees with a secure and equitable working environment, ensuring the safeguarding of their rights and interests. Regular safety and health education and training initiatives are conducted for employees.
Necessary health and first aid facilities are provided, aligning with the company’s commitment to reducing risks to employee safety and health, and preventing occupational disasters.
In 2023, there was a total of 400 legal compliance-related training, with a total training hours of 745.5 hours; the company focuses on integrity governance, anti-competition, business accounting, environmental protection, labor rights, occupational safety and health and product responsibility, social economy,
customer privacy, customer In terms of health and safety, there are no major illegal records in 2023.