“Code of Ethical Business Conduct”
I. Preface
Hantai Steel Co., Ltd. (hereinafter referred to as “the Company”) upholds the core values of “Sustainability, Stability, Integrity, and Ethics,” dedicated to providing stable and high-quality deformed steel rebar products. We firmly believe that only through integrity can a solid foundation of trust be built. This Code serves as the behavioral guideline for all employees in conducting business activities, aiming to strengthen corporate credibility and fulfill social responsibility through integrity.
II. Principles of Integrity
1. Legal Compliance: The Company complies with all laws and regulations of Taiwan and other operating regions, and refrains from any illegal, deceptive, or unfair competition practices.
2. Fair Transactions: Customers, suppliers, and partners are treated with fairness, honesty, and mutual trust, with strict prohibition of improper benefits or unfair behaviors.
3. Anti-Corruption: The Company strictly prohibits any form of corruption, bribery, kickbacks, or practices compromising fair decision-making, reinforced through internal audits and training.
4. Transparency: All financial statements, transaction records, and supply chain information must be truthfully disclosed. False accounting and misleading information are strictly prohibited, ensuring stakeholder interests.
5. Respect for Human and Labor Rights: The Company provides a safe and dignified working environment, protecting fundamental employee rights while prohibiting discrimination, forced labor, or harassment.
6. Integrity Culture: Employees are encouraged to report misconduct through confidential mechanisms with whistleblower protection, fostering an honest and trustworthy corporate culture.
III. Implementation Measures
1. Employee Training: Regular education and training sessions on business ethics and compliance are conducted to enhance awareness and implementation.
2. Conflict of Interest: Employees must disclose situations involving potential conflicts between personal interests and company business, following procedures to avoid improper influence.
3. Supplier Compliance: The Company requires suppliers to follow integrity principles, fostering a transparent and responsible procurement system.
4. Audit & Improvement: Regular evaluations are performed to ensure implementation, with immediate corrective actions for deficiencies.
IV. Violations and Accountability
Violations of this Code will be subject to disciplinary action under Company HR regulations. Severe cases may lead to legal action, and violators causing losses will bear legal and compensatory liability.
V. Conclusion
Integrity is the foundation of Hantai Steel’s sustainable development and our fundamental commitment to society and customers. We will continue to uphold honesty and trust to create a transparent and upright corporate environment, setting a positive example in the steel industry.
This Code has been approved by the Chairman and serves as an important guideline for the Company’s sustainable development and ethical governance.
“Human Rights Declaration”
Hantai Steel deeply acknowledges that sustainable development must be rooted in the respect and protection of human rights. As a professional rebar manufacturer, we adhere to the values of “Sustainability, Stability, Integrity, and Ethics,” pursuing not only product quality and productivity but also a diverse, inclusive, and safe workplace, while actively fulfilling our corporate social responsibility.
This Declaration is established in reference to the Universal Declaration of Human Rights, the UN Guiding Principles on Business and Human Rights (UNGPs), the ILO Core Labor Standards, and relevant Taiwanese labor laws, serving as a fundamental guideline for our business operations.
I. Respect for Fundamental Rights
We respect the dignity and basic human rights of all employees and stakeholders, prohibiting any form of discrimination, harassment, threat, or violence, regardless of gender, age, race, religion, disability, nationality, sexual orientation, or personal traits.
II. Prohibition of Forced and Child Labor
Hantai Steel strictly prohibits all forms of forced labor, human trafficking, and child labor. All employment relationships must be based on free will and legal protection to preserve dignity and freedom of workers.
III. Fair and Safe Labor Conditions
We provide fair wages and lawful working hours while continuously improving occupational health and safety, especially in high-risk production environments, ensuring employees’ physical and mental well-being.
IV. Diversity and Inclusion
We value a culturally diverse workforce and strive to create an inclusive workplace. Employee differences are respected, and equal opportunities for career growth are provided.
V. Human Rights in Communities & Supply Chains
Our commitment to human rights extends to communities and supply chains affected by our operations. Partners must uphold human rights and ethical principles, maintaining integrity and responsibility in business conduct.
Hantai Steel pledges to integrate human rights principles into governance, management, and operations through training, audits, and continuous improvement, thereby establishing a human rights system aligned with international standards and achieving fairness, justice, and sustainability with employees, clients, and society.
“Supplier Code of Conduct”
To strengthen sustainability within the supply chain and long-term partnerships, Hantai Steel Co., Ltd. (hereinafter “the Company”) has established this Supplier Code of Conduct. All suppliers are expected to comply with the following principles to jointly implement ethical business, responsible procurement, and social responsibility.
I. Ethical Business Practices
1. Integrity in Transactions: Suppliers must conduct business honestly, fairly, and transparently. Bribery, kickbacks, fraud, improper benefits, or undue influence on decision-making are prohibited.
2. Fair Competition: Suppliers must not engage in monopolistic practices, collusion, or insider trading that violate fair competition regulations.
3. Confidentiality: Suppliers must protect trade secrets, technical data, and personal information obtained from the Company, and must not disclose or misuse them without authorization.
II. Compliance with Laws
1. Suppliers must comply with all applicable laws and regulations, including labor, environmental, product safety, and trade laws.
2. Financial Integrity: Suppliers must pay taxes honestly, maintain accurate accounts, and provide true financial and contractual information.
III. Labor and Human Rights
1. No Child or Forced Labor: Suppliers must not hire underage workers or exploit labor through coercion or restriction of freedom.
2. Working Conditions: Suppliers must provide a safe, healthy working environment, reasonable work hours, and legal wages while respecting employee rights to rest and leave.
3. Respect for Employees: Suppliers must eliminate discrimination, safeguarding equality and dignity, and ensuring a workplace free from harassment.
IV. Environmental Responsibility
1. Environmental Protection: Suppliers should adopt measures for emission reduction, energy conservation, water management, and pollution prevention.
2. Regulatory Compliance: Ensure business activities comply with environmental laws and regulations covering waste treatment, air emissions, and noise control.
3. Sustainable Resource Use: Encourage the use of eco-friendly materials and renewable energy, implementing circular economy principles.
V. Product Quality and Safety
1. Suppliers must provide materials and products that meet quality and safety standards, supported by test reports and certifications.
2. Establish reliable traceability systems for products to ensure accountability.
3. Pursue continuous improvement in quality and technical optimization to strengthen supply chain efficiency.
VI. Cooperation and Accountability
1. Collaboration: Suppliers should cooperate with the Company by participating in audits, addressing feedback, and implementing improvements.
2. Violation Handling: If suppliers are found to violate this Code, the Company may terminate cooperation, cancel orders, or take legal measures based on severity.
VII. Acceptance and Commitment
By accepting this Code, suppliers acknowledge and agree to follow its requirements. The Company encourages suppliers to pursue sustainable business together, building partnerships based on integrity, transparency, and trust.