Tongwei always adheres to the business philosophy of "Honesty, Trust, Fairness, and Excellence", insists on high standards of business ethics, and opposes all forms of corruption and unfair competition. We take active measures to establish a sound anti-corruption management system and complaint and reporting mechanism, conducting regular business ethics audits and training for all employees to create a fair, transparent, and ethical business environment.

（1） Business Ethics Management Principles

Tongwei is committed to operating with integrity and compliance, establishing a comprehensive corporate compliance system and risk management system including anti-monopoly, anti-unfair competitive behavior, anti-commercial bribery and anti-corruption, etc. Tongwei operates against the most stringent principles of business ethics and effectively manages the risks associated with business activities with specific policies and procedures.

In 2023, we revised and published the Tongwei Co., Ltd. Business Ethics Code of Conduct. The code applies to the whole company and all its branches and subsidiaries, mainly covering the following contents:

- Anti-corruption and anti-bribery

- Conflict of interest

- Competition and anti-monopoly

- Responsible marketing

- Business ethics audits and training

- Complaints, reporting, and whistleblower protection

- Business confidentiality agreements

• Water consumption intensity in 2023: 410.32 tons per million revenue

Link: Tongwei Co., Ltd. Business Ethics Code of Conduct

In 2023, Tongwei formulated and published the Tongwei Co., Ltd. Anti-commercial Bribery Statement, which applies to all employees of Tongwei and its subsidiaries. Tongwei is committed to strictly complying with the anti-corruption and anti-bribery laws and regulations of the PRC and the countries in which each of its business counterparts and stakeholders are located.

Link: Tongwei Co., Ltd. Anti-Corruption and Anti-Bribery Policy

（2） Business Ethics Audits

Tongwei conducts regular audits on anti-corruption and business ethics annually, ensuring that all operational aspects are covered at least once every three years. The audit frequency may be increased based on specific business needs.

In 2023, Tongwei conducted 113 business ethics audits, covering routine and specialized business ethics audits of all the subsidiaries, both established and under construction. The audit content included, but was not limited to, anti-corruption, anti-bribery, responsible marketing, fair competition, and information confidentiality.

（3） Business Ethics Training

Tongwei attaches great importance to the development of an anti-corruption culture and compliance ability. All the senior managers and staff are required to participate in the annual business ethics and anti-corruption training organized by the Audit Department and sign the Letter of Undertaking on Compliance with Laws and Rules for Clean Performance, ensuring that all the staff abide by applicable laws, regulations and occupational ethics. Besides, Tongwei requires all the partners and suppliers to participate in the annual business ethics and anti-corruption training organized by the Company and sign the Anti-business Corruption and Compliance Agreement to demonstrate their understanding and adherence to the Company's code of business ethics.

The anti-corruption training for directors is provided in the form of the annual review, covering the publicity and implementation of anti-corruption policies regarding corruption, fraud and dereliction of duty. The anti-corruption training for managers, employees in key positions and ordinary employees are provided in the form of anti-corruption-themed training events, financial training, manager training and other specialized training activities, aiming to disseminate anti-corruption policies regarding duty corruption and bribery.

【Key Performances】

· In 2023, Tongwei conducted 467 training sessions on anti-corruption, with a cumulative training duration of 201 hours and 56,264 participants

· Tongwei’s Anti-Corruption Training (by rank)