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Mag Layers and Interest Relation Party

(1)Employees
1)Employee Policy and Communication Route:
The employee is the most important property in the company, thus the company sets Mag Layers Employee Policy and follow precisely as follows:
(1)Freely Chosen Employment
The company does not hire any forced, bonded or indentured labor or involuntary prison labor. All work will be voluntary, and workers should be free to leave upon reasonable notice. Workers shall not be required to hand over government-issued identification, passports or work permits as s condition of employment.
(2) Child Labor Avoidance
The company prohibits hiring child labor in any stage of manufacturing. The term “ child” refers to any person employed under the age of 15 or under the age of completing compulsory education, or under the minimum age for employment in the country. The use of legitimate workplace apprenticeship programs, which comply with all laws and regulations, is supported. Workers under the age of 18 should not perform hazardous work and may be restricted from night work with consideration given to educational needs.
(3)Working Hours
Studies of business practices clearly link worker strain to reduced productivity, increased turnover and increased injury and illness. Workers are not to exceed the maximum set by local law. 
(4)Wages and Benefits
The company will pay the employee in compliance with all applicable wage laws, including minimum wages, overtime hours and legally mandated benefits. In compliance with local laws, workers shall be compensated for overtime at pay rates greater than regular hourly rates. Deductions from wages are a disciplinary measure shall not be permitted. The basis on which workers are being paid is to be provided in a timely manner via pay stub or similar documentation.
(5)Humane Treatment
The company cannot have harsh and inhumane treatment to the employee, including any sexual harassment, sexual abuse, corporal punishment, mental or physical coercion or verbal abuse; nor is there to be the threat of such treatment.
(6)Non-Discrimination
The company commits the employee to a workforce free of harassment and unlawful discrimination. The company shall not engage in discrimination based on race, color, age, gender, sexual orientation, ethnicity, disability, pregnancy, religion, political affiliation, union membership or marital status in hiring and employment practices such as promotions, rewards and access to training. In addition, workers or potential workers should not be subjected to medical tests that could be used in a discriminatory way.
(7)Freedom of Association
In the company, open communication and direct engagement between workers and management are the most effective ways to resolve workplace and compensation issues. Participants are to be respect the rights of workers to associate freely, join or not join labor unions, seek representation, join workers’ councils in accordance with local laws. Workers shall be able to communicate openly with management regarding working conditions without fear of reprisal, intimidation or harassment.
Besides basic employee policy, we always respect the opinions from workers, we like to give all employee good space on intellects. Any worker in Mag Layers may tell the company opinions of individual rights, welfare, management and workplace, reporting routes include suggestion box to direct manager and HR department ( anonymous telling can be accepted).
2)Training
The company emphasizes a lot on training on workers, and safety & hygiene training can be divided into 3 parts. For training for newcomer, 3-hour general safety & hygiene training shall be done at its first day arrival in the factory, and test shall be passed after accepting the training. For employed workers, we arrange yearly training project in accordance with safety & hygiene regulations, and factory needs, and carry out the training accordingly to ensure that all employee in the company accepts correct vocational safety & hygiene concepts.  
3)Emergency Response
Emergency response is very important on accidents-preventing, Mag Layers also value much on this part, in order to make every employee obtain basic fire-fighting and emergency response concepts, we arrange emergency response training for in-site employees every quarter to establish the employee’s concepts on against natural calamities, and being familiar with use of fire-fighting and life rescue devices . In addition, emergency response group is set including reporting class, fire-fighting class, emergency guiding class, safeguarding class, aiding class, each emergency response group shall deal with control of accidents, and fire-fighting tasks upon accidents occurred in workplace, if the emergency response group cannot handle to resolve the task, whole-site emergency response group shall take place until the accident is resolved.
4)Health & Health Care
The employee’s health is greatest resource in Mag Layers. All workers have the responsibility to establish and follow safety & health rules and policy, the company also holds general medical check-up, specific medical check-up and managers’ medical check-up to ensure of health condition of all workers. 
5)Occupational Safety
The first goal in Mag Layers on productivity is the guarantee on working safety and free of injury caused by machine equipments. There is no exception to all workers to be guaranteed to have safe operating on machines. All workers are asked to follow labor safety laws & standards and follow related safety & efficiency working practice instructions.
Besides, in aiming of natural hazards or emergency accidents, such as fire, explosion, electricity-off, flood, typhoon, poison chemicals, we not only establish emergency treatment prevention division, emergency treatment division and emergency aide response plan, also we carry out fire-fight practices and emergency response practices to maintain the company in safe condition, to prevent any possible danger or accidents, to guarantee the workers in healthy working condition, and minimize any influence which might be caused on the company’s property.

 
(2) Society
1) Environmental Policy Rules
In order to emphasize continuously, maintain with efforts and devoting to improve the environments for the earth, we will do the followings to achieve the goals mentioned above:
* We run our business with methods of caring to the environment of the earth.
* We make good use of resources in clever & effective ways on production activities.
* We obey all related environmental protection laws & regulations, company policy and good business profession standards.
* We take technology and production procedure which may decrease damage to health and safety risk to human.
* We encourage the workers to report any condition which might be affecting health, individual safety through confidential routes.
2) Business Citizen Responsibility
Mag Layers devotes on uplifting good fortune in the community located by providing good-qualified products, services. We volunteer to offer services and devoting efforts to sponsor local welfare groups and non-beneficial organizations through being a good citizen.
(3)Shareholder
Our shareholders are the owners of our business, We must guarantee obtaining respects and trust from shareholders continuously. What we do are:
   *We run our business in moral and within reasonable-benefit ways.
   *We protect the company’s important property and information.
   *We make  regular & effective communication through existed routes.
(4)Customer
Mag Layers insists quality policy on providing to the customer:
Continuously growing is to meet the customer’s needs in perfection. 
What we do are:
   *We provide good-qualified products and services.
   *We satisfy or get beyond the customer’s expectations.
   *We have sincere and fair relation and communication.
1)Bribe and Sales Commission
Bribe and sales commission mean direct or indirect acceptance or exchanged deal through money, rewards, commission or any form of valuable things. We strictly prohibit giving, sending, active asking or obtaining any form of bribe or sales commission.
2)Business Customer:Contract-Signing
We develop by reasonable price and provide products and services beyond the customer’s expectations, we sincerely negotiate with the customers, fulfill the contents of contracts, resolve the issues between immediately
3)Business Customer: Gift-Giving
We compete only with advantages of our own products. We never persuade the customers to purchase our products and services through gifts-giving, treat, entertainment activities ways.
4) Business Customer:Treat
We can provide food, entertainment to the customers when we make treats. When making treats to the customers:
* Mag Layers staff must make attendance and be the host. This is the best way to achieve and maintain everlasting business relation.
* Reasonable expanses shall be paid for that activity and it shall be non-regular item.
* Be sure to pay attention to appropriateness of the expanses and if the image of that activity is proper. Basic principle is: when making treats to the customers,no unreasonable expanses shall be paid.
(5) Suppliers
Mag Layers will ask all the suppliers within the supplying chain: workplace safety, respect to the workers, and being responsible to the environment during manufacturing process.
1) Choosing the Suppliers
Mag Layers chooses the suppliers by the following 5 objective & suitable standards
* Leadership of technology on products
* Excellence of supporting on services
* Quality
* Performance of due date and preparatory period
* Performance of whole-aspect cost control
2) Bargaining on Contract Content 
During the process of bargaining on contract content with the suppliers and potential suppliers, our attitudes shall be fair and trustful, we obey all related laws& regulations and support good business customs. 
3) Suppliers’ Information
We will never co-use the information provided from the customers to anyone of non Mag Layers staff unless we get the instructions of agreement made by the suppliers.