Core Viewpoint - Mihoyo maintains a "zero tolerance" policy towards commercial bribery and embezzlement, establishing a comprehensive system to prevent and combat fraud, ensuring a fair and transparent business environment [1][2]. Group 1: Anti-Fraud Measures - Mihoyo has implemented a robust system including employee codes of conduct, gift reporting, conflict of interest management, and whistleblower protection and reward systems [1]. - The company has established an efficient reporting channel and a full-process mechanism for handling reports, from acceptance to investigation and resolution [1]. - Mihoyo will terminate employees found guilty of commercial bribery or embezzlement and will blacklist external partners involved in such activities, prohibiting future cooperation [1][2]. Group 2: Recent Fraud Cases - Several employees were found guilty of using their positions to solicit kickbacks and commissions, resulting in prison sentences ranging from 6 months to 1 year and 4 months [2]. - Specific cases include employees from various departments who engaged in bribery and conflicts of interest, leading to their dismissal and inclusion in the "Sunshine Integrity Alliance" blacklist [2]. Group 3: Blacklist of Involved Suppliers - Mihoyo has created a blacklist of suppliers involved in fraudulent activities, which includes companies such as Shanghai Qiyi Cultural Media Co., Ltd. and Ozone Creatives Inc. [3][4]. - The blacklist will be strictly enforced and updated regularly to maintain a healthy and transparent business ecosystem [2][4]. Group 4: Commitment to Integrity - Mihoyo emphasizes integrity as a fundamental pillar of its business development and is committed to creating a fair and sustainable industry ecosystem [4]. - The company encourages stakeholders to report any suspected illegal or unethical behavior through designated channels [4].

Core Viewpoint - Tencent has reported significant progress in its anti-corruption efforts for the year 2025, highlighting the detection and handling of numerous violations of its internal anti-corruption policy known as the "Tencent High Voltage Line" [1][5]. Group 1: Anti-Corruption Measures - In 2025, Tencent's anti-corruption investigation department identified and dealt with over 70 cases of violations of the "Tencent High Voltage Line" [1][5]. - More than 90 individuals were dismissed for violating the "Tencent High Voltage Line," with over 20 of them being referred to law enforcement for criminal charges [1][5]. - The company has established a blacklist for external entities involved in corruption, ensuring they will never be partnered with again [6][8]. Group 2: Risk Management and Technology - Tencent has developed a comprehensive risk management system to prevent and combat corruption, which includes the establishment of the "Tencent High Voltage Line" [6][8]. - The company has implemented AI analysis tools to create dynamic risk models, enhancing its ability to identify and investigate potential fraud cases across various operational areas [8]. - Continuous feedback from cases has improved the accuracy of these models and deepened the exploration of AI and big data in detecting fraud [8].

Core Viewpoint - Tencent emphasizes its commitment to integrity through the implementation of strict anti-fraud measures and a comprehensive risk management system to prevent and address misconduct among employees and external partners [1][3]. Group 1: Anti-Fraud Measures - Tencent has established the "Tencent High Voltage Line" policy to combat fraud, which includes strict consequences for employees who violate this policy, including termination and blacklisting [1]. - The company has developed AI analysis tools to create dynamic risk models that help identify potential fraud risks in various processes such as partner onboarding and contract management [3]. - In 2025, Tencent's anti-fraud investigation department identified and dealt with over 70 cases of misconduct, resulting in the termination of over 90 employees, with more than 20 cases referred to law enforcement for criminal prosecution [3]. Group 2: Specific Cases of Misconduct - Several employees were found guilty of embezzlement and other fraudulent activities, leading to criminal charges and varying sentences, such as: - He Yongkang from IEG was sentenced to 1 year and 2 months for embezzlement [4]. - Qin Yuan from CSIG received a 6-month sentence for similar offenses [4]. - Ye Huahua from a subsidiary was sentenced to 3 years for embezzlement [4]. - Wang Mengwei from another subsidiary received a suspended sentence of 5 months for embezzlement [4]. - Other employees, including Liu XianKai and Lin Haiqiang, were also implicated in misconduct involving external companies, leading to their termination and blacklisting [5][6].

Core Viewpoint - The recent public consultation by the Chinese Institute of Certified Public Accountants aims to establish a clear regulatory framework for sustainable information verification, marking a new phase of standardization and professionalism in ESG verification in China [1] Group 1: Challenges in Sustainable Information Verification - Current challenges in China's sustainable information verification include fragmented standards, significant differences in methods and indicators among verification institutions, and inadequate risk assessment capabilities [2] - The consultation draft aims to address these issues by proposing key measures to fill the gaps and resolve related challenges [2] Group 2: Standardization and Quality Control - The consultation draft is expected to resolve the long-standing fragmentation issue in the industry by establishing standardized procedures and requirements for verification [2] - It emphasizes the need for quality control mechanisms and clear anti-fraud requirements to provide reliable institutional guarantees for the market [1][2] Group 3: Incorporating International Experience and Local Adaptation - The draft draws on international frameworks like ISSA 5000 while considering the local context of China's nascent sustainable information disclosure and verification practices [3] - It proposes detailed requirements for dual materiality assessment and expert competency evaluation, aligning with domestic regulatory frameworks [3] Group 4: Enhancing Verification Quality - The draft sets stringent requirements for verification institutions, including the need for project partners to possess adequate competency in sustainable information [4] - It highlights the importance of maintaining independence and quality management within verification processes [5] Group 5: Addressing Fraud and Data Verification Challenges - The identification of fraud remains a significant challenge in sustainable information verification, particularly due to the lack of standardized metrics for non-financial data [7] - The draft suggests implementing technological solutions and cross-departmental collaboration to enhance data verification and fraud detection [8] Group 6: Strengthening Accountability and Regulatory Mechanisms - The establishment of a robust accountability framework is crucial, with suggestions for dual accountability for fraudulent activities involving both companies and verification institutions [9] - A two-way data reporting platform is proposed to facilitate communication between verification institutions and regulatory bodies, enhancing the identification of high-risk entities [10]

Core Points - The article outlines the anti-fraud system established by Beijing Yanjing Beer Co., Ltd. to prevent and address fraud, enhance corporate governance, and protect the rights of shareholders [1][2] - The anti-fraud work aims to regulate the behavior of senior and middle management as well as all employees, ensuring compliance with laws, regulations, and ethical standards [1][2] Summary by Sections General Principles - The purpose of the anti-fraud system is to prevent actions that could harm the company's and shareholders' interests, based on relevant laws and regulations [1] - The definition of fraud includes deceptive actions by internal or external personnel to gain improper benefits at the expense of the company's legitimate economic interests [1] Responsibilities and Internal Controls - The Board of Directors is responsible for promoting a culture of anti-fraud within the company and overseeing the establishment of a comprehensive internal control system [2] - Management is tasked with creating effective internal control mechanisms, including reporting channels for fraud detection and implementing measures to reduce fraud opportunities [2][3] Reporting and Investigation Procedures - Employees and external parties can report suspected fraud through various channels, including hotlines and emails [3][4] - The internal audit department is responsible for receiving reports, conducting initial assessments, and escalating cases involving senior management to the Board of Directors [4] Remedial Measures and Penalties - Upon confirmation of fraud, the company must take timely remedial actions and assess the internal controls of affected business units [5] - Employees found guilty of fraud will face disciplinary actions, and criminal offenses will be referred to judicial authorities [5][6] Applicability and Implementation - The anti-fraud system applies to the company and its subsidiaries, and it is subject to interpretation by the internal audit department [6] - The system becomes effective upon approval by the Board of Directors and will be modified as necessary [6]

Core Viewpoint - Douyin Group maintains a "zero tolerance" policy towards corruption and bribery, actively addressing illegal activities within the organization and among its partners [1]. Summary by Sections - In 2024, Douyin Group reported that 39 individuals were referred to judicial authorities for suspected criminal activities, with 23 partner companies placed on a permanent non-cooperation list [1]. - In the second half of 2024, 17 individuals were sent for judicial processing due to fraud-related offenses such as commercial bribery and embezzlement [1]. - The company emphasizes strict adherence to national laws and regulations, cooperating fully with judicial investigations and holding accountable those involved in illegal activities [1]. - Douyin Group encourages partners to report any violations of laws or business ethics, offering potential rewards for those who provide actionable information during investigations [1].

中亿丰罗普斯金材料科技股份有限公司 反舞弊与举报制度 中亿丰罗普斯金材料科技股份有限公司 反舞弊与举报制度 （2025 年 2 月修订） 第一章 总则 第一条 为加强中亿丰罗普斯金材料科技股份有限公司（以下简称"公司"）的公司治理和 内部控制，降低公司风险，规范经营行为，确保公司经营目标的实现和公司持续、稳定、健 康发展，保护公司、股东和债权人的合法权益，根据《深圳证券交易所上市公司自律监管指 引第 1 号——主板上市公司规范运作》、《公司章程》及公司其它内部控制制度的规定，并结 合公司实际情况，特制定本制度。 第二条 反舞弊工作的宗旨是规范公司全体员工的职业行为，特别是董事、监事、中高层管 理人员、关键岗位员工的职业行为，树立廉洁、勤勉、敬业的良好风气，遵守相关法律法规、 职业道德及公司内部管理制度，防止损害公司、股东利益的行为发生。 中亿丰罗普斯金材料科技股份有限公司 反舞弊与举报制度 （十一）其他损害公司经济利益或谋取公司不当经济利益的舞弊行为。 第三章反舞弊的组织机构及职责 第三条 本制度适用于公司及下属各控股子公司。 第二章 舞弊的概念及形式 第四条 本制度所称舞弊，是指公司内、外部人员采用隐瞒、欺 ...