Ethical Management

"Quality, Integrity, Innovation, and Gratitude" are the core business principles of Wieson Technologies. To uphold corporate governance, the company has established relevant policies, including the Ethical Corporate Management Best Practice Guidelines, Ethical Management Operating Procedures and Code of Conduct, Insider Trading Prevention Regulations, and Code of Ethical Conduct, all of which have been approved by the Board of Directors.

Implementation of Ethical Management Policy

A. The company has formulated the Ethical Corporate Management Best Practice Guidelines and conducts internal control self-assessments to evaluate compliance. The results are compiled into the Internal Control System Statement and submitted to the Board of Directors.
B. The company has established a risk assessment mechanism for unethical conduct and has incorporated preventive measures for unethical behavior in its Ethical Corporate Management Best Practice Guidelines. In accordance with the Training Procedures and Work Rules, the company has also implemented clear reward and disciplinary measures to emphasize the importance of ethical management at both the individual and corporate levels. The company emphasizes key control points in system design and implementation to eliminate fraud, corruption, and theft.
C. Violations of the corporate integrity policy are subject to disciplinary actions based on the severity of the offense, including verbal warnings, written warnings, or termination of employment. If legal violations occur, the company will take legal action accordingly. Moreover, if an individual violates the ethical policy and gains improper personal benefits, any illicit gains must be returned to the affected party or the company.

Commitment to Ethical Management

A. The company has established the Ethical Management Operating Procedures and Code of Conduct, which stipulates that when entering into contracts with other parties, the company must fully understand the counterparty's ethical management practices and include compliance with ethical business conduct as a contractual clause.
B. The company has implemented the Insider Trading Prevention Regulations, ensuring that in addition to periodic notifications to all directors by the responsible stock affairs personnel, senior management is also notified. They are explicitly informed of restricted trading periods to prevent any unintentional violations of insider trading regulations.
C. The Management Department serves as the dedicated unit responsible for revising, implementing, interpreting, providing consultation, and maintaining records related to ethical management procedures and the Code of Conduct. Compliance is assessed through internal control self-evaluations, and the Internal Control System Statement is submitted to the Board of Directors.
D. The company has implemented a Conflict of Interest Prevention Policy, providing appropriate channels for directors and executives to disclose any potential conflicts of interest with the company. If a decision or transaction involves a conflict of interest, the director or executive must recuse themselves from both decision-making and voting.
E. The company has established a comprehensive accounting system and internal control system, which is audited according to the annual audit plan. Audit execution reports are submitted at every regular Board meeting, and internal control self-evaluation reports are prepared annually to assess compliance. The Internal Control System Statement is then submitted to the Board of Directors.
F. In addition to integrity training for new employees, ethical clauses are included in employment contracts, and integrity is defined as a core business principle. Both internal and external personnel are required to comply with the Ethical Corporate Management Best Practice Guidelines. To ensure that employees fully understand the company’s commitment to ethical management, policies, preventive measures, operating procedures, and consequences for violations, the company conducts regular training sessions and awareness programs. Additionally, business partners and stakeholders engaged in commercial activities with the company are invited to participate in these sessions, reinforcing the company’s commitment to ethical business practices. In 2023, Wieson Technologies did not experience any violations of ethical principles, antitrust laws, or monopolistic practices.