Compliance and Integrity

Compliance Management at xFusion

• We have a Compliance Management Committee (CMO) to centrally manage the company's operational compliance, and the CMO reports to the operation management team; every business department of our company has also appointed a compliance officer who is responsible for the compliance management in the corresponding business field, and the Risk Control Officer (RCO) is also appointed to be in charge of end-to-end risk management operation.
• The CMO identifies and assesses risk with reference to applicable laws and regulations and business scenarios. On top of this, the CMO sets compliance objectives, develops control measures, and incorporates them into all of business activities and processes. This ensures effective compliance management and oversight in each business link. xFusion also conducts self-checks, checks and audits to verify the effectiveness of its compliance management system and continuously optimizes the system through root cause analysis and targeted corrective action.
• xFusion attaches great importance to and continuously raises the compliance awareness and capabilities of its employees. Through training, publicity, assessments, disciplinary action, and other methods, xFusion pushes its employees to fully understand both the company's and their own responsibilities and obligations to ensure compliance and incorporate that understanding into their behavior.
• With an open mind, the company proactively works with customers, partners, regulators, and other stakeholders on compliance, and communicates our compliance principles and practices to them to constantly enhance mutual understanding and trust.

Compliance Management in Each Domain

Anti-Bribery Compliance

xFusion believes that corruption seriously harms fair market competition and threatens the development of society, of the economy and of companies. xFusion upholds the principles of conducting business with ethics and integrity and complies with all applicable anti-bribery laws and regulations in the countries and regions where it operates. xFusion takes a zero tolerance approach to corruption.

Details about Anti-bribery Compliance

Trade Compliance

xFusion is committed to complying with all applicable laws and regulations of the countries and regions where it operates, including all applicable export control and sanctions laws and regulations of the UN, China, the USA and the European Union. xFusion seeks to establish a mature and sustainable internal trade compliance system, aligned with industry best practice.

Details about Trade Compliance

Cyber Security and Privacy Protection

In compliance with the laws and regulations applicable in the countries and regions where it operates and with international standards, xFusion has been building an effective, sustainable and reliable cyber security and privacy protection assurance system, taking as reference the requirements of regulators and customers and industry best practice.

Details about Cyber Security and Privacy Protection

Intellectual Property and Trade Secret Protection

xFusion believes that respecting and protecting intellectual property is the foundation of innovation. As an innovative company, we respect, apply and contribute to intellectual property rules. xFusion protects its own intellectual property and trade secrets.

Details about IPR and Trade Secret Protection

Third-party Compliance Management