Integrity is an important integrity value in our business operation. We regard our suppliers as important partners and we hope to pursue sustainable business operation and growth together through a win-win partnership. To actively implement the concept of integrity and ethical values, we strengthen corporate governance and risk management, and establish a corporate culture of honesty and integrity in order to build a well business operation. In order to implement the integrity management, we have set up a secretary under the board of directors as an integrity promotion unit, who is responsible for the implementation of the integrity management policies and prevention programs, and the auditors of the board of directors will check and continuously track the implementation situation from time to time. We have established a system to improve organization and management, enhance efficiency and productivity, and have established “Work Rules”, “Procedures for Ethical Management and Guidelines for Conduct” and “Codes of Ethical Conduct” in accordance with the Labor Standards Law and relevant government regulations. Eurocharm adheres to the principles of fairness, honesty, trustworthiness and transparency in its business activities, implements the policy of honest management and actively prevents dishonest behaviors, and specifically regulates the matters that personnel should pay attention to when performing business.

Employee Code of Behavior and Ethics

  • Employees shall be faithful and diligent in their duties and comply with the Company’s policies, rules, regulations and practices.
  • Love the honor of the group, play the team spirit, and faithfully work hard to carry out tasks.
  • Obey the direction and supervision of supervisors at all levels, and do not act in a perfunctory manner. Supervisors should also provide personal guidance to employees and set an example.
  • Employees are not allowed to leave their jobs without prior approval.
  • Employees shall report or reflect their opinions on their duties and official matters in a hierarchical manner and shall not report beyond the hierarchical level, except for emergency or special situations.
  • Employees are not allowed to take pictures and videos in the group without permission.
  • All employees of the group are subject to the Uniform Trade Secret Act, the Non-competition and the Intellectual Property, and shall not disclose confidential information about their duties or technology to the public, nor shall they use it directly or indirectly for their own or a third party’s benefit, and shall strictly prevent others from stealing it.
  • All employees shall comply with the relevant laws and regulations that apply in the execution of their business.
  • The group shall not engage in conduct that would damage the reputation of the individual or the group.
  • The group shall not use its official relationship to solicit gifts or invitations from others.
  • The group shall not use the name of the group for any purpose other than to conduct the group’s business.

Promote Integrity Management Trading

DateParticipantsCourse FormatContentCourse HoursNumber of people
2023.11.14
2023.11.28
Management level at Vietnam and Taiwan officeVideo promotion on insider training and integrity managementA video about integrity management52 minutes31

Integrity Management Promotion and Training

Item202120222023
Total Training Hours32.67342.1526.867
Total number of people4,9565,1144,615
Average training hours0.00660.00820.006

The Operation of the Company Whistle-blowing System and the Effectiveness of Honest Management

The Group performs corruption risk assessments for procurement processes and major transactions, upholds the highest standards of business ethics, and does not allow corruption or any form of fraud. The Group has established various reporting channels (audit@vpic1.com.vn), such as internal mailbox reporting, external mailbox reporting, and SMS reporting, to request employees and suppliers suspected of improper conduct to voluntarily report and clarify, and to reward employees who make substantiated reports. The internal audit manager reports to the independent directors at each Audit Committee meeting on the implementation of the group ‘s internal audit and internal control operations. The communication and response process specifies that the relevant supervisor has the responsibility to keep the information of the subject confidential, and the whistleblower will be kept confidential during the reporting process and will not be punished. If a report is substantiated, the group will take serious action against the wrongdoing.
The Company has established the ” Procedures for Handling Material Inside Information and Preventing Insider Trading”, which stipulates that directors, officers and employees shall not disclose inside information to others. They shall not inquire inside information that not related to their personal duties from those who have known inside information of the Company. The Company shall not disclose to others any internal information of the Company that is not disclosed to the Company in the course of business.

DateItem
2019.02.26The Board of Directors reported on the social corporate responsibility and corporate integrity operations in 2018.
2020.02.26The Board of Directors reported on the social corporate responsibility and corporate integrity operations in 2019.
2021.02.26The Board of Directors reported on the social corporate responsibility and corporate integrity operations in 2020.
2022.02.25The Board of Directors reported on the social corporate responsibility and corporate integrity operations in 2021.
2023.02.24The Board of Directors reported on the sustainable development best practice principles for TWSE listed companies and corporate integrity operations in 2022.

Prevention of Insider Trading

The Company has established the ” Procedures for Handling Material Inside Information and Preventing Insider Trading”, which stipulates that directors, officers and employees shall not disclose inside information to others. They shall not inquire inside information that not related to their personal duties from those who have known inside information of the Company. The Company shall not disclose to others any internal information of the Company that is not disclosed to the Company in the course of business.

The Company shall send information on prevention of insider trading (by written document or Email) to the competent authorities within two months and at least once a year when the new director and manager take office.

Promote Prevention of Insider Trading

DateParticipantsCourse FormatContentCourse HoursNumber of people
2023.12.15Management level at Vietnam officeVideo promotion on insider trading
Law
Promotion on insider trading
Law
30 minutes25

Eurocharm upholds the principles of fairness, honesty, trustworthiness, and transparency in conducting business activities. When VPIC1 employees arrive on the job, the employee code specifically regulates the matters that personnel should pay attention to when performing business, and they will be specially promoted during training and classes to actively prevent dishonest behavior. At present, there is no anti-corruption communication with suppliers, and it will be included in the scope of anti-corruption propaganda.

ItemUnitTaiwanVietnam
Total Number of Anti-corruption Communication EmployeesPerson0388
Total Number of EmployeesPerson534,534
Percentage%08.56