Anti-commercial bribery statement

introductory

TOSUN Technology (hereinafter referred to as the "Company") is committed to conducting its business with the highest standards of ethics, integrity and transparency. As part of this commitment, the Company prohibits any form of commercial bribery and corruption and ensures that its global business activities comply with applicable laws and regulations. This Anti-Bribery Statement outlines our policies and procedures designed to prevent commercial bribery and corruption and ensure compliance.

 

policy statement

The Company prohibits all forms of bribery, whether direct or indirect, and will not tolerate any form of corruption in its business activities. Commercial bribery is defined as the offering, giving, receiving or soliciting of anything of value in order to influence a person's or organization's actions or decisions in a position of trust.

 

Compliance with laws and regulations

TOSUN Technology is committed to complying with all applicable anti-bribery and anti-corruption laws and regulations, including but not limited to the U.S. Foreign Corrupt Practices Act (FCPA) and the U.K. Bribery Act. These laws prohibit the bribery of government officials, commercial bribery and the bribery of foreign public officials.

 

obligations

The following allocation of responsibilities is intended to ensure compliance with this Anti-Commercial Bribery Statement:

  1. Management Commitment: The Company's management is committed to fostering a culture of integrity and ethical behavior and to providing the necessary resources and support to prevent commercial bribery and corruption.
  2. Employee Training: All Company employees, contractors and agents receive training on anti-bribery laws and regulations, as well as the Company's policies and procedures for preventing bribery.
  3. Due Diligence: The Company conducts due diligence on third parties, including suppliers, agents, distributors and business partners, to assess their integrity and compliance with anti-bribery standards.
  4. Reporting Violations: Employees who become aware of any potential violation of anti-bribery laws and regulations or Company policies must report such concerns to the appropriate compliance department within the Company. Reports may be made anonymously, and the Company prohibits retaliation against individuals who report violations in good faith.

 

Prohibited Acts

The following behaviors are strictly prohibited:

  1. Offering, giving, accepting or soliciting bribes or kickbacks, whether in the form of cash, gifts, entertainment or other benefits.
  2. Payment of facilitation fees to expedite the process of routine government action.
  3. Transactions with persons or entities known to engage in bribery or corruption.
  4. Falsifying records or providing false information to conceal commercial bribery or corruption.

 

Consequences of violations

Violations of this Anti-Commercial Bribery Statement may result in disciplinary action, including, but not limited to, discharge or termination of employment, and may be subject to civil and criminal penalties under applicable law. The Company will fully cooperate with law enforcement agencies in the investigation and prosecution of commercial bribery and corruption.

 

Conclusion

TOSUN Technology is committed to conducting its business with honesty, integrity and transparency and to preventing commercial bribery and corruption in all its business activities. By adhering to the policies and procedures outlined in this Anti-Commercial Bribery Statement, we will uphold the highest standards of ethical behavior and promote a culture of integrity within the company and in the broader business community.

 

Contact Information

For questions or concerns regarding anti-bribery compliance issues, please contact us.