Anti-unfair competition

LONGi advocates for fair competition. We have established the Regulations for Anti-monopoly Compliance Management and the Anti-Monopoly Compliance Manual to prevent any actions that may confuse the market or mislead consumers, and does not implement bribes and other unfair competition means to seek trading opportunities. Moreover, the Company respects and protects trade secrets, does not engage in false publicity, and guarantees the fairness and transparency of prize sales. When participating in online business activities, LONGi does not disrupt the normal operation of web products or services and is committed to creating a market environment for fair competition. In 2023, the Company did not encounter any litigation related to unfair competition or monopoly practices.

Anti-corruption

LONGi has always been committed to probity and clean administration, observing the anti-corruption and anti-bribery policies outlined in the United Nations Convention against Corruption. We have established and updated internal regulations such as the Anti-Commercial Bribery Management Measures and the Position-Specific Fraud Risk Management Rules. Regular investigations are conducted in accordance with the supervision procedures to address any violations. No direct or indirect political donations were engaged by the Company in 2023. All charitable donations were subject to the specific approval process, in accordance with the laws and regulations of the respective regions. Cases of violations due to fraud and corruption were 0.

1,205
Total integrity training sessions
100 %
The coverage rate of anti-corruption training for meduim and high-risk employees
100 %
New employess "Self-discipline Commitment" signing rate
396
Key suppliers carried out with integrity promotion activities
15
Yearly integrity promotion events
60,000
Employees involved with Corporate Culture Festival
69.07 %
Participation rate of the survey on the integrity and compliance culture indicators
98.6 %
Above-average level in terms of integrity awareness.
Anti-money laundering

LONGi has enhanced internal anti-money laundering compliance management to ensure compliant operations and safeguard financial security. The Company actively cooperates with law enforcement agencies, regulatory bodies, and the financial industry to combat money laundering activities. Regular training sessions are provided to enhance employees’ awareness and understanding of anti-money laundering efforts, ensuring that anti-money laundering policies are faithfully implemented by employees.

Complaint reporting

With a view to facilitating integrity and compliance, LONGi has established normalized reporting and complaint management mechanism, and revised the Complaint Reporting Management Measures in 2023. The Company encourages employees and stakeholders to report any behaviors that are detrimental to the interests of the Company and its employees. The Company has put in place various channels for complaint reporting such as hotline, website, WeChat official account, WeChat mini program, and email. In addition, the Company improved whistle-blowers protection measures, firmly safeguarding their legitimate rights and interests. Relevant departments are required to strictly keep confidential the personal information of whistle-blowers to prevent any occurrences of discrimination or retaliation.