Ethical ManagementEthical Management

Ethical ManagementEthical Management

To maintain HFC’s culture of ethical management and corporate reputation, we manage the ethical relations between employees and stakeholders through the Company’s relevant internal systems and have established an anti-corruption system to engage in business activities under the principles of impartiality, integrity, trustworthiness, and transparency, in order to lay a foundation for robust and sustainable development. In 2023, there were no corruption and anti-competitive activities in HFC.To maintain HFC’s culture of ethical management and corporate reputation, we manage the ethical relations between employees and stakeholders through the Company’s relevant internal systems and have established an anti-corruption system to engage in business activities under the principles of impartiality, integrity, trustworthiness, and transparency, in order to lay a foundation for robust and sustainable development. In 2023, there were no corruption and anti-competitive activities in HFC.

With that, HFC has formulated relevant management regulations for managers at different levels and stakeholders. We have established the Ethical Corporate Management Principles and the Procedures for Ethical Management and Guidelines for Conduct for directors, managers, and employees. They require those with substantive management interests within the enterprise not to directly or indirectly provide, promise, request, or accept any illegitimate benefits, or engage in other unethical conduct that violates good faith, is illegal, or breaches fiduciary obligations in order to obtain or maintain benefits. In addition, we have formulated the Code of Ethical Conduct to regulate the prevention of conflicts of interest, avoidance of personal gains, confidentiality obligations, fair trade, and protection and proper use of company assets.With that, HFC has formulated relevant management regulations for managers at different levels and stakeholders. We have established the Ethical Corporate Management Principles and the Procedures for Ethical Management and Guidelines for Conduct for directors, managers, and employees. They require those with substantive management interests within the enterprise not to directly or indirectly provide, promise, request, or accept any illegitimate benefits, or engage in other unethical conduct that violates good faith, is illegal, or breaches fiduciary obligations in order to obtain or maintain benefits. In addition, we have formulated the Code of Ethical Conduct to regulate the prevention of conflicts of interest, avoidance of personal gains, confidentiality obligations, fair trade, and protection and proper use of company assets.

To ensure that no bribes are received, HFC requires all suppliers to sign a pledge of integrity or integrity clause, which stipulates that bribery is prohibited and that suppliers shall comply with the Company Act, Securities and Exchange Act, Business Entity Accounting Act, Political Donations Act, Government Procurement Act, Act on Recusal of Public Servants Due to Conflicts of Interest, regulations related to listing on TWSE and TPEx, domestic and foreign anti-bribery laws (including, but not limited to, the Anti-Corruption Act of ROC, the U.S. Foreign Corrupt Practices Act, the U.K. Bribery Act), or other domestic and foreign business conduct related laws. In the event of a breach, any contract or order with the supplier will be canceled or terminated without notice. In 2023, all suppliers signed the Letter of Commitment and CSR clauses. HFC pays attention to the development of measures and regulations on ethical management at home and abroad, raises employees’ awareness from time to time, and implements the concept of ethical management at work. In 2023, we offered seven courses on ethical management to all employees, topics including the intellectual property rights, anti-bribery, information security education, insider trading prevention. An average of 996 employees completed the training in each course, and the total accumulated training hours amounted to 4,512.5 hours.To ensure that no bribes are received, HFC requires all suppliers to sign a pledge of integrity or integrity clause, which stipulates that bribery is prohibited and that suppliers shall comply with the Company Act, Securities and Exchange Act, Business Entity Accounting Act, Political Donations Act, Government Procurement Act, Act on Recusal of Public Servants Due to Conflicts of Interest, regulations related to listing on TWSE and TPEx, domestic and foreign anti-bribery laws (including, but not limited to, the Anti-Corruption Act of ROC, the U.S. Foreign Corrupt Practices Act, the U.K. Bribery Act), or other domestic and foreign business conduct related laws. In the event of a breach, any contract or order with the supplier will be canceled or terminated without notice. In 2023, all suppliers signed the Letter of Commitment and CSR clauses. HFC pays attention to the development of measures and regulations on ethical management at home and abroad, raises employees’ awareness from time to time, and implements the concept of ethical management at work. In 2023, we offered seven courses on ethical management to all employees, topics including the intellectual property rights, anti-bribery, information security education, insider trading prevention. An average of 996 employees completed the training in each course, and the total accumulated training hours amounted to 4,512.5 hours.

In 2023, the total ethical management issues training hours reached 4512.5 hours In 2023, the total ethical management issues training hours reached 4512.5 hours

Promote and hold education training to prevent insider tradingPromote and hold education training to prevent insider trading

The company has established "Internal Important Information Processing Procedures" to regulate all employees, managers, directors and other persons who have access to the company's internal important information due to their status, occupation or control relationship. They are prohibited from using undisclosed information in the market to buy or sell valuable information. securities, and confirm the company’s insiders and relevant personnel to strictly abide by it, and continue to carry out the following propaganda.The company has established "Internal Important Information Processing Procedures" to regulate all employees, managers, directors and other persons who have access to the company's internal important information due to their status, occupation or control relationship. They are prohibited from using undisclosed information in the market to buy or sell valuable information. securities, and confirm the company’s insiders and relevant personnel to strictly abide by it, and continue to carry out the following propaganda.

Introduction of the Taiwan Intellectual Property Management SystemIntroduction of the Taiwan Intellectual Property Management System

HFC continues to diversify its business. In addition to the establishment of subsidiaries (He Jun Energy and He Jing), HFC has renewed its merchandise installment brand (Pay4U) and its mascot in order to carry out its digital transformation. In order to properly control the management of trademarks and other intellectual property, through the development and optimization of the intellectual property management system, we have strengthened our intellectual property risk management while deepening our cooperation with companies related to the industrial value chain, and continued to enhance the Company's brand image in order to strengthen our brand penetration rate. Through the refinement of the intellectual property management system, such as the mechanism of trademark acquisition, protection, maintenance and utilization, the recognition of various service-related brands of HFC and its subsidiaries will be strengthened by the general public, thereby facilitating the diversified development of HFC and its subsidiaries. We have also strengthened our training and communication to enhance the intellectual property awareness of our staff and to promote the Company's compliance with corporate governance and intellectual property laws and regulations.HFC continues to diversify its business. In addition to the establishment of subsidiaries (He Jun Energy and He Jing), HFC has renewed its merchandise installment brand (Pay4U) and its mascot in order to carry out its digital transformation. In order to properly control the management of trademarks and other intellectual property, through the development and optimization of the intellectual property management system, we have strengthened our intellectual property risk management while deepening our cooperation with companies related to the industrial value chain, and continued to enhance the Company's brand image in order to strengthen our brand penetration rate. Through the refinement of the intellectual property management system, such as the mechanism of trademark acquisition, protection, maintenance and utilization, the recognition of various service-related brands of HFC and its subsidiaries will be strengthened by the general public, thereby facilitating the diversified development of HFC and its subsidiaries. We have also strengthened our training and communication to enhance the intellectual property awareness of our staff and to promote the Company's compliance with corporate governance and intellectual property laws and regulations.

The annual implementation results of Intellectual Property Management was be reported to the board of directors on December 14, 2023.The annual implementation results of Intellectual Property Management was be reported to the board of directors on December 14, 2023.

In 2023, HFC set 4 annual intellectual property management goals and achieved them all In 2023, HFC set 4 annual intellectual property management goals and achieved them all