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Compliance and Ethics

Compliance

Sinyi Development follows the "Sinyi Group Compliance Procedures" established by the Sinyi Group. For compliance-related cases within its business scope, in addition to internal reviews conducted by each business department, Sinyi Development also utilizes Sinyi Group resources to conduct compliance audits. This ensures operational control and adherence to regulations.

Business Operation & Marketing
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Ethics and Integrity

To ensure the implementation of corporate ethics and integration in its operations, Sinyi Development adheres to the principles of sustainable development for the company. The company regularly communicates its integrity management, corporate social responsibilities, and code of conduct as required by Sinyi Group. The company follows the “Ethical Corporate Management Best Practice Principles" and “Sinyi Group Compliance Principles," providing a clear direction when interacting with customers, employees, industries, suppliers, society and the natural environment.

Regular promotion

Integrity Management

Corporate Social Responsibility

Code of Conduct

Regular promotion

Strictly follow

Code of Integrity

Sinyi Group Legal Compliance Regulations

Strictly follow

Rewards and Punishments Announcement

To prevent illegal or corrupt incidents, Sinyi Development has clearly formulated a code of conduct and reward and punishment system for its employees, and announced punishment cases on the company's internal website for employees to be vigilant.

Rewards and Punishments Announcement

Multiple Reporting Methods

Sinyi Group has established "Procedures for Reporting Illegal, Immoral or Dishonest Behavior" which clearly defines the reporting channels and acceptance methods for illegal, immoral or dishonest behavior, set up multiple reporting and complaint channels to ensure that improper behavior cannot escape detection, and is committed to responding to stakeholders' opinions in a timely manner.

Multiple reporting channels

Ethical and Integrity Management
Policies and Measures

External requirements

Internal requirements

Ethics and Integrity

For businesses that engage with Sinyi Development, a separate evaluation is conducted based on the parent company´s “Group Procurement Regulations". The evaluation involves inquiries, price comparisons, negotiations, approvals, contracting, acceptance, invoicing and vendor management. A database of qualified suppliers is established based on the assessment results, to ensure compliance with integrity requirements for transaction partners.

In accordance with the requirements of the Sinyi Group, Sinyi Development follows the “Sinyi Group Code of Conduct". As part of this commitment, every six months, Sinyi Development requests its employees to sign an agreement reaffirming their adherence to the code of conduct. This serves as a reminder to employees to uphold integrity and prevent any occurrence of dishonest behavior. Sinyi Development appoints senior executives to participate in the Total Ethical Management Committee and collaboratively formulate integrity management policies and prevention measures as well as assess the effectiveness of these measures for the implementation of integrity management. Meanwhile, Sinyi Development continued to organize ethics reading sessions in 2022, primarily aiming to guide managers in their thinking and encourage self-reflection on their management practices in the field. The discussions also focus on how to integrate ethical principles into their work and responses to various situations. During the first quarter, all employees at Sinyi Development collectively studied and discussed the company´s core values and sustainable development strategies, serving as a crucial foundation for future development directions. Furthermore, in order to prevent dishonest behaviors, Sinyi Development follows the code of conduct and implements disciplinary actions for violations and maintains a complaint system. The company promotes the full implementation of these measures across all departments, conducts annual reviews to assess implementation status, and develops improvement plans as needed.

Ethics and Integrity

To ensure the implementation of corporate ethics and integration in its operations, Sinyi Development adheres to the principles of sustainable development for the company. The company regularly communicates its integrity management, corporate social responsibilities, and code of conduct as required by Sinyi Group. The company follows the “Ethical Corporate Management Best Practice Principles" and “Sinyi Group Compliance Principles," providing a clear direction when interacting with customers, employees, industries, suppliers, society and the natural environment.

Regular promotion

Integrity Management

Corporate Social Responsibility

Code of Conduct

Regular promotion

Strictly follow

Code of Integrity

Sinyi Group Legal Compliance Regulations

Strictly follow

Rewards and Punishments Announcement

To prevent illegal or corrupt incidents, Sinyi Development has clearly formulated a code of conduct and reward and punishment system for its employees, and announced punishment cases on the company's internal website for employees to be vigilant.

Rewards and Punishments Announcement

Multiple Reporting Methods

Sinyi Group has established "Procedures for Reporting Illegal, Immoral or Dishonest Behavior" which clearly defines the reporting channels and acceptance methods for illegal, immoral or dishonest behavior, set up multiple reporting and complaint channels to ensure that improper behavior cannot escape detection, and is committed to responding to stakeholders' opinions in a timely manner.

Multiple reporting channels
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