GMTC has established the Ethical Corporate Management Best Practice Principles, Codes of Ethical Conduct, Work Rules, Procedures for Handling Material Inside Information, and Regulations Governing Reports of Illegal, and Unethical or Dishonest Conduct Cases, in order to regulate business activities which are at a higher risk of being involved in unethical behavior, with preventive measures to encourage internal and external personnel to report unethical behavior or illegal conduct, and implement ethical corporate management.
The Accounting Department of the Finance Division is responsible for promoting the Company's ethical corporate management goals. A report on the implementation of ethical management in 2024 was submitted to the Board of Directors on January 21, 2025. The content is as follows:
The Ethical Corporate Management Best Practice Principles prohibits unethical behavior of directors, managerial officers, employees, or persons with substantial control capabilities, in the process of engaging in business activities, they must not directly or indirectly provide, promise, request or accept any improper benefits or commit other dishonest acts that violate integrity, lawlessness, or breach of fiduciary duty in order to obtain or maintain benefits. The term "benefits" means any money, gift, commission, position, service, preferential treatment, kickback, or any other item of value in whatever form or name.
The Work Rules clearly stipulate that employees are prohibited from accepting any improper gifts , bribes , banquet s , or any form of donations. With the establishment of principles and systems, we can effectively avoid potential dishonest behavior, and reduce relevant risks. To ensure the practice of ethical corporate management, in addition to regular audits of legal and internal compliance through the Audit Office, we have also created a complaint channel for internal and external stakeholders to utilize. We will respond quickly to correct operational deficiencies and ensure service quality, and maintain positive interactions with stakeholders.
The Accounting Department of the Finance Division is responsible for promoting the Company's ethical corporate management goals. A report on the implementation of ethical management in 2024 was submitted to the Board of Directors on January 21, 2025. The content is as follows:
1. Advocacy of ethical corporate management (including prevention of insider trading): 1 advocacy meeting.
2. Violations of ethical corporate management: 0 violation reports, 0 self-audited violation.
3. Protection and avoidance of conflict of interests by stakeholders:
(1) Employee communication: Held four labor-management conferences
(2) Evaluation of qualified suppliers: 1 supplier evaluation was conducted.
(3) Communication with shareholders and investors: The Company held 4
investor conferences, 1 annual general meeting and 11 Board meetings,
and hosted 12 domestic and foreign investor meetings.
(4) Conflict of interests: 13 cases of recusal from the Board of Directors.
