Code of Ethics
Wontech Co., Ltd
Revision History
| Revision No. | Revision Date | Description |
|---|---|---|
| 00 | 2024.11.18 | Initial Enactment |
Table of Contents
Chapter 1. General Provisions
Chapter 2. Code of Ethics
Chapter 3. Code of Conduct
Chapter 1. General Provisions
Article 1 (Purpose)
The purpose of this regulation is to establish standards for proper conduct and value judgment for Wontech Co., Ltd. (the “Company”), its employees, and stakeholders in order to realize the Company’s management philosophy and establish a fair and transparent corporate culture.Article 2 (Scope of Application)
This regulation applies to all employees working for the Company regardless of contract type.Article 3 (Responsibilities and Authority)
1. CEO: The CEO is responsible for implementing ethical management and approving plans and results.2. Responsible Department: The HR & Legal Team manages ethics activities, education, and promotion.
3. Department Heads: Must prevent violations and promptly report incidents.
4. All Employees: Employees must understand and comply with this regulation and report unethical conduct.
Article 4 (Rewards and Disciplinary Measures)
The Company may reward employees contributing to the purpose of this regulation. Employees who violate the regulation may be subject to disciplinary action and civil or criminal liability.Chapter 2. Code of Ethics
Article 5 (Purpose)
This code establishes standards of conduct and value judgment for stakeholders affected by the Company’s economic, social, and environmental activities.Article 6 (Responsibilities to Shareholders and Investors)
• Protect shareholder rights and respect legitimate requests.• Treat all shareholders equally, including minority shareholders.
• Transparently disclose financial status and management performance.
Article 7 (Responsibilities to Customers)
• Provide the best products and services from the customer’s perspective.• Protect customer safety and personal information.
• Comply with consumer protection laws.
Article 8 (Responsibilities to Competitors and Partners)
• Respect fair and free market competition.• Pursue mutual development through fair transactions with partners.
• Do not abuse superior bargaining positions.
Article 9 (Responsibilities to Employees)
• Respect labor and human rights in accordance with international standards.• Provide ethics education and strengthen ethical awareness.
• Ensure fair treatment regardless of race, gender, religion, or disability.
• Provide a safe and healthy working environment.
Article 10 (Responsibilities to Nation and Community)
• Comply with domestic and international laws.• Contribute to economic and social development.
• Protect the environment and promote sustainability.
• Maintain safety management and accident prevention systems.
Chapter 3. Code of Conduct
Article 11 (Purpose)
This code clarifies detailed standards required for implementing ethical management.Article 12 (Definitions)
Duty: Work within one’s responsibility or influence.Monetary Benefits: Cash, securities, gift cards, goods, discounts, or economic benefits.
Entertainment: Meals, drinks, sports, recreation, performances, etc.
Convenience: Transportation or accommodation during travel or events.
Stakeholders: Individuals or organizations affected by employees’ decisions or actions.
Article 13 (Protection of Company Assets and Information)
Employees must protect company funds, physical assets, intellectual property, and trade secrets and use them only for legitimate business purposes.| Category | Example | Remarks |
|---|---|---|
| Tangible Assets | Unauthorized use of equipment, buildings, vehicles | |
| Intangible Assets | Leakage of design documents or trade secrets | |
| Company Funds | Misuse of corporate cards or falsified expense claims |