Shan-Loong Transportation Code of Ethical Conduct
Established: November 12th, 2020, as passed by the board of directors
Company personnel shall not use the performance of their duties to obtain improper benefit for themselves, their spouses, relatives within the second degree, partners, or previous or future employers.
When the Company engages in fund loans, provides guarantees, has material asset transactions, or buys (sells) goods with the aforementioned relations, the Company shall adopt measures to present conflicts of interest, such as recusal or forbidding such action. Company personnel involved in such matters shall proactively explain whether they or the Company have any conflicts of interest.
Company personnel shall not engage in any of the following:
1. Using the performance of their duties or Company assets/information for personal gain.
2. Competing with the Company. However, where directors (with shareholder meeting permission) and managers (with board of directors permission) are relieved of such non-compete restrictions, they are not covered by this restriction.
3. Behavior forbidden by the Company's or legal regulations.
Company personnel shall maintain an attitude of honest and fairness. In their dealings with all customers bought from (sold to), competitors, and other employees, employees shall not use manipulation, deception, or abuse of information gained as a result of duties, make untrue declarations about important matters, or engage in other unfair trade practices to obtain improper benefits.
Company personnel shall not, in the course of carrying out their duties, request, agree to, deliver, or accept gifts, entertainment, discounts, bribes, or other improper benefits for the sake of the Company, third parties, or themselves. However, where such gifts or entertainment constitute customs for social etiquette or are allowed by the Company, this rule shall not apply.
Any Company personnel who suspects or discovers a violation of the legal directives or this Code shall proactively report such to a director, manager, chief internal auditor, or other appropriate supervisor. They shall also provide, to the greatest extent possible, sufficient information to allow the Company to appropriately handle follow-up handling matters.
The Company shall handle such reports in a confidential manner, and shall allow anonymous reports. Facts shall be discovered via independent channels, and whistleblowers' safety shall be maximally protected, to prevent retribution against them.
When Company personnel violate this Code, the matter shall be handled in accordance with the law or the Company's relevant regulations. Where required by law, the violator's position, full name, date of violation, subject of violation, regulation(s) violated, and handling status shall be disclosed on the Market Observation Post System (MOPS) as soon as possible.
Violating personnel as mentioned in the preceding paragraph may file an appeal. If it discovered through investigation that the person did not in fact violate the regulation, the Company shall expunge the infraction. When the matter has already been disclosed on the MOPS, announcement of the expungement shall also be made on the MOPS.