Handa responsibility, we always uphold the concept of win-win, partners to create brilliant. We build a strong security line to ensure that every business is moving forward steadily. At the same time, we have the courage to assume corporate responsibility, actively participate in social welfare undertakings, and contribute to the sharing of development results. We are well aware that only by achieving common development can we move towards a more prosperous future.

Cooperate with Partners to Win Together

Handa Enterprise focuses on responding to expectations of customers, suppliers and other stakeholders. It strengthens partner cooperation mechanisms, outputs sustainable development concepts through the value chain, collaborates with upstream and downstream partners in fulfilling social responsibilities, and gathers various forces to jointly build a Handa enterprise responsibility ecosystem.

Supply Chain Management

Handa Enterprise has established and perfected cooperative relations with major suppliers. By establishing a procurement management department, it manages, verifies and rates supplier social responsibility, quality, delivery schedule and service.

Optimization mechanism: In order to stabilize the high-quality supplier team and establish a long-term healthy and mutually beneficial supply and demand relationship, the company will improve the relevant procurement management system according to the actual situation. The system applies to all suppliers who supply production raw materials, flour and auxiliary materials, production equipment, office supplies, consulting services, etc., as well as internal procurement personnel. For personnel and behaviors that do not conduct business in strict accordance with the requirements of the system and manual, the enterprise shall deal with them in accordance with the relevant provisions of the System. The person in charge of enterprise procurement, manufacturing, finance, management and other personnel and departments shall supervise the procurement behavior.

Standardized process: In order to make the procurement work operate effectively, reduce the risks faced by the enterprise, and achieve profit growth, the enterprise formulates and standardizes the "Procurement Operation Process", and improves the procurement rights and responsibilities of productive materials and non-productive materials. At the same time, in strict accordance with the "Supply Chain Management Process System Document", suppliers are defined and reviewed according to the defined categories to effectively control the entire supply chain and mitigate the risks of enterprises in business operations.

Strict selection: the enterprise always adheres to the social responsibility performance of suppliers and pays attention to the management of sustainable development of suppliers. Quality, cost, delivery, and service are equally weighted principles. We prioritize quality over price, delivery time over price for the same quality, and if quality, price, and delivery time are equal, service becomes the deciding factor. This approach ensures the procurement of high-quality products at the lowest cost possible, while enjoying excellent service and prompt delivery.

The enterprise will form a review group composed of suppliers management, operation and production departments to examine the completeness, accuracy and effectiveness of the supplier's application materials. The supplier's social responsibility performance status and supply capabilities are confirmed.

For the suppliers selected after assessment, the enterprise signs a supply cooperation agreement and a supplier responsibility commitment agreement with them, and specifies the responsibilities, rights and interests of both parties in the agreement. During the cooperation period, the supplier management team will replace the supplier's certificate once a year, maintain communication and interaction with the supplier, keep abreast of the operation of the other company at any time, and ensure that the supplier complies with the social responsibility standard. Once the supplier is found to violate the standard, the enterprise will immediately require all departments to stop the cooperative relationship.

Transparent cooperation: Enterprises promote sunshine procurement. All suppliers who have established cooperative relations with Handa will be required to sign an "Anti-Commercial Bribery Agreement", agree on cooperation criteria, and establish a fair and clean cooperative relationship. For internal procurement personnel, we also require all employees to sign the "Integrity and Self-discipline Agreement" to enhance professional ethics and self-discipline awareness. In the procurement process in strict accordance with the enterprise "procurement outsourcing management system", "ISO9001:2008 system" certification requirements and "supply and procurement management manual" provisions of the implementation, and require suppliers to jointly abide by, strictly prohibit commercial bribery.

Comprehensive evaluation: In 2023, enterprises conducted a comprehensive assessment and evaluation of suppliers based on relevant systems and procedures. The credit rating was evaluated from aspects such as social responsibility management, quality, delivery time, service, etc. Enterprises implemented different management according to the credit rating of each supplier. For suppliers that failed in the assessment and evaluation, enterprises resolutely eliminated them.

Improve platform: Introduce and promote the application and promotion of supply chain management platforms, using the powerful data analysis, prediction and optimization functions of the system to help enterprises better grasp market demand and supply conditions, formulate more accurate procurement plans, thereby improving the standardization, informatization and coordination level of group procurement management.

Risk Prevention: Enhance data analysis and further promote statistical analysis of procurement data. Through in-depth mining of data value, provide powerful data support for procurement decision-making, at the same time establish a risk warning mechanism to timely discover and respond to potential risks, so as to ensure the stable operation of procurement activities and the sustainable healthy development of enterprises.

Concentrate on Upward and Jointly Seek for Development Enterprise Holds Fabric Proposal Meetings

In order to realize face-to-face seamless connection between enterprise and fabric suppliers, promote in-depth communication and cooperation among all parties, and jointly integrate resources, enterprise regularly holds fabric proposal meetings. The purpose is to provide a platform for enterprises to show their own needs, find suitable suppliers, and share the latest industry trends.

Through the proposal meeting, enterprise can more intuitively understand the product characteristics and advantages of suppliers, and suppliers can more accurately grasp the needs of enterprises and achieve accurate matching between supply and demand. At the same time, the proposal will also build a bridge for in-depth exchanges between enterprises and suppliers, which will help the two parties to better cooperate in cooperation and jointly promote business quality and efficiency. In addition, by integrating the resources of all parties, enterprise can also broaden the supply chain channels, enhance the stability and competitiveness of the supply chain, and lay a solid foundation for the long-term development of enterprise.

Deepening Cooperation, Win-Win Future - Enterprise Holds Supplier Conferences

In order to further strengthen communication and collaboration between enterprises and suppliers, Handa Enterprise holds a supplier conference to jointly discuss issues such as supply chain management, cooperative development, quality control, technological innovation, etc. Through this platform, enterprise can not only understand the latest technology, products and development directions of suppliers, but also share their business needs and strategic planning, promoting closer and more efficient cooperation between both parties.

Handa showcased its R&D capabilities, production capabilities and market competitiveness through supplier conferences to attract more high-quality suppliers' attention and cooperation. At the same time, it established a closer and more efficient partnership with suppliers to jointly respond to market challenges and achieve win-win development.

In 2023, there were no bribery-related complaints or legal sanctions related to commercial bribery.

Business Ethics

Integrity is the core value of Handa, deeply rooted in our corporate culture and systems. We adhere to honest, lawful, and compliant operations, emphasizing that integrity is the foundation of enterprise development. We uphold the value of "integrity and win-win" and establish management systems with stakeholders such as customers, suppliers, employees, and society. We integrate the expectations and needs of all stakeholders into the daily management and operation of the company. Through measures such as corporate culture promotion, regular training, supplier conferences, and employee codes of conduct, we continuously guide everyone to adhere to ethical standards, ensure the implementation of correct values, and maintain a market of fair competition.

◆ Honesty in business, no fraud.

Do not produce or sell inferior products, do not replace good ones with bad ones, and do not seek personal interests by cheating.

Beneficiaries: consumers, customers and employees.

◆ Fair competition, no monopoly

Win the market by strength, do not engage in vicious competition and maintain market order

Beneficiaries: peer companies

◆ Honest cooperation, no bribery and corruption

Oppose corruption, standardize business conduct and reject commercial bribery.

Beneficiaries: suppliers, customers and consumers.

◆ Obey laws and regulations, do not violate rules on purpose

Comply with laws and regulations, do not take advantage of loopholes in the law, and fulfill all obligations as a corporate citizen

Beneficiaries: government, industry, employees and consumers.

◆ Sustainable development, without damaging the environment

The development of enterprise should not be at the cost of destroying the environment, advocating and practicing low-carbon and low-emission, energy-saving and consumption-reducing.

Beneficiaries: community residents, government and society.

◆ Fulfilling responsibilities and not shirking responsibility

Responsibility to employees, customers, consumers, investors and society.

Beneficiaries: All stakeholders