QUANJUDE(SZ:002186) Zheng Quan Zhi Xing·2025-05-20 13:15Core Viewpoint - The document outlines the compliance management system of China Quanjude (Group) Co., Ltd., emphasizing the importance of establishing a robust compliance framework to ensure legal and regulatory adherence, mitigate compliance risks, and support high-quality development of the company [1][2][3]. Compliance Management Principles - Compliance management aims to prevent legal liabilities, penalties, and reputational damage due to non-compliance [2]. - The company adheres to principles such as the leadership of the Party, comprehensive coverage of all business areas, accountability, suitability and effectiveness, collaborative interaction, and professional independence in compliance management [3][4]. Compliance Management Structure - The compliance governance structure involves the Party organization, board of directors, and management team, with clear responsibilities across various departments [4][5]. - The compliance management system includes a dedicated compliance management department led by the chief legal advisor, responsible for formulating compliance strategies and overseeing compliance activities [6][7]. Key Areas of Compliance Management - The company focuses on critical compliance areas such as corporate governance, contract management, market transactions, information disclosure, insider information management, related party transactions, asset management, investment and financing management, quality and safety, procurement, labor relations, financial taxation, intellectual property protection, and commercial partnerships [12][13][14]. Compliance Risk Identification and Assessment - Regular compliance risk assessments are conducted to identify potential risks in business operations, with a focus on legal and regulatory changes, internal processes, and external factors [34][35]. - The compliance management department is responsible for organizing these assessments and maintaining a compliance risk database [36][37]. Compliance Training and Culture - The company emphasizes the importance of compliance training for all employees, integrating it into annual training plans to foster a culture of compliance [54][55]. - Efforts are made to promote compliance awareness and values among employees and stakeholders through various initiatives [56][57]. Compliance Management Evaluation and Accountability - The company conducts periodic evaluations of its compliance management system, incorporating findings into internal audits and assessments [22][23]. - A clear accountability mechanism is established for violations of compliance requirements, ensuring that responsible personnel are held accountable based on the severity of their actions [50][51].