Integrity and compliance

CHINT GROUP CORPORATION

INTRODUCTION OF ICP

Integrity and Compliance are the cornerstones of CHINT Group’s sustainable development and long-term success. To uphold our core values—Customer Focus, Innovation, Continuous Learning, Integrity, Collaboration, and Responsibility—we have established a comprehensive Integrity and Compliance Programme (ICP). This program applies to all CHINT subsidiaries, employees, and business partners, ensuring ethical and responsible business practices at every level.

Our Pillars of Integrity and Compliance

To be effective, our ICP is built on three fundamental pillars that ensure its strength, efficiency, and success.

Pillar 1: A Strong Framework of Rules and Standards

Our ICP is guided by The Code of Integrity, Compliance, and Business Conduct (the “Code”), supported by Standard Operating Policies (SOPs) and additional guidelines tailored to each CHINT entity. These policies reflect the highest international standards and govern how we operate.

CHINT expects all employees and business partners to adhere to these principles, ensuring legal, ethical, and professional excellence in all business activities.

Pillar 2: Risk Management and Assessment

To proactively manage risks, CHINT has a structured Risk Management and Assessment process. This framework identifies, prioritizes, and assigns accountability for potential risks, including integrity and compliance challenges.

Following the Three Lines of Defense Model, risk management involves:

・Operational teams managing day-to-day risks

・Compliance, Legal, and Functional Departments (Finance, HR, Procurement, IT, etc.) providing oversight and mitigation strategies

・Internal Audit conducting independent evaluations to strengthen controls This structured approach enables us to identify, assess, and prevent risks effectively.

Pillar 3: Dedicated ICP Task Force

Our ICP Task Force brings together compliance professionals from various departments, including Compliance, Legal, Internal Audit, Finance, HR, Procurement, and IT.

The Compliance Department, operating independently with sufficient autonomy and resources, is responsible for:

・Implementing and overseeing the ICP

・Assessing and improving compliance measures

・Conducting reviews, investigations, and training to strengthen ethical practices

Our Commitment to Action

The success of our ICP depends on concrete, proactive measures across three key areas: Prevention, Detection, and Response.

1. Actions to Prevent Misconduct

Open Access to Information through multiple communication channels

Comprehensive Training Programs for all employees and business partners

Accurate and Transparent Record-Keeping to support ethical decision-making

Incentive Mechanisms to encourage a culture of reporting concerns

Collaborative Efforts to enhance industry standards in compliance and transparency

2. Actions to Detect Non-Compliance

Clear Reporting Obligations with direct and confidential communication channels

Regular Compliance Reviews and Investigations to ensure adherence to the ICP

3. Actions to Respond and Remedy Issues

When misconduct is detected or reported, CHINT’s Compliance Department takes swift action, including:

Enforcing Disciplinary Measures where necessary

Enhancing Transparency through Disclosure

Strengthening the ICP with Continuous Improvements

Providing Additional Training to prevent future violations

Together, We Build a Stronger Future Ethical business practices are the foundation of our success.

By working together, we can protect and enhance our business, ensuring a sustainable and responsible future for all.

Integrity and Compliance—A Shared Responsibility for Success

For any questions, concerns, or reports related to integrity and compliance, our team is here to assist you.

Hotline: 021-67777777-880080 Email: compliance@chint.com

Your commitment to ethical business practices helps us build a stronger, more transparent future together.

See more details of ICP

Name

Size

Release time

Operate

Integrity and Compliance Statement of Board of Directors of Chint Group.pdf

138.06KB

2024-09-24

Download

Overview of Code of Integrity, Compliance and Business Conduct.pdf

180.26KB

2024-09-24

Download

Code of ICP.pdf

3.06MB

2024-09-24

Download

Chint Business Partners' Code.pdf

693.8KB

2024-09-24

Download

For detailed information on how Chint Electric handles compliance and ethical issues, please read the Integrity and Compliance Procedures Manual below.

Name

Size

Release time

Operate

Integrity and Compliance Procedures Manual February 2020 (Test).pdf

347.78KB

2024-09-24

Download

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Integrity and Compliance

CHINT GROUP CORPORATION

INTRODUCTION OF ICP

Our Pillars of Integrity and Compliance

Pillar 1: A Strong Framework of Rules and Standards

Pillar 2: Risk Management and Assessment

Pillar 3: Dedicated ICP Task Force

Our Commitment to Action

1. Actions to Prevent Misconduct

2. Actions to Detect Non-Compliance

3. Actions to Respond and Remedy Issues

See more details of ICP

For detailed information on how Chint Electric handles compliance and ethical issues, please read the Integrity and Compliance Procedures Manual below.