Corporate Governance

Promoting diversity and inclusion, highlighting women's leadership

We firmly believe that diverse teams foster greater innovation. We take pride in achieving gender equality, with women comprising 40% of our management team and 50% of our executive leadership.

This achievement is rooted in our firm commitment to equal opportunities. The company provides fair and transparent promotion pathways for all employees and actively creates diverse development opportunities for female staff, such as offering specialized technical and management training programs and establishing structured mentorship systems. These initiatives not only demonstrate our dedication to diversity and inclusion, but also bring greater resilience and broader perspectives to corporate strategic decision-making.

Women in Leadership: Playing a Key Role at the Core Decision-Making Level

Exclusive Development Program: Empowering Women’s Career Growth

Expand Horizons: Support female employees in participating in external professional training

Uphold business ethics and operate with integrity and compliance.

Integrity is the cornerstone of our business.

We have formulated and published a Corporate Code of Conduct that provides clear ethical standards and behavioral guidelines for all employees and business partners. The Code explicitly articulates our zero-tolerance stance on corruption, unfair competition, data privacy violations, intellectual property infringement, and labor rights violations. Through comprehensive training, daily management, and regular audits, we ensure that the Code is fully internalized and rigorously implemented, fostering a transparent, fair, and sustainable business ecosystem.

Qingdao Wancheng Anchor Chain Co., Ltd. Code of Conduct

Foreword

This Code of Conduct serves as the fundamental guideline for all employees of Qingdao Wancheng Anchor Chain Co., Ltd. It reflects our corporate culture, mission, vision, and core values, guiding conduct across all aspects of the company to ensure ethical, responsible, and sustainable practices. Integrity is the foundation Ethical Conduct: Employees must maintain integrity and honesty in all business activities, including providing accurate information, fulfilling commitments, and avoiding any form of deception.

Compliance: Adhere to all applicable laws, regulations, and internal policies. Any violations or unethical behavior should be reported immediately. Trust and Respect: Build trust among colleagues, customers, and partners through honesty, transparency, and respectful conduct. Customer First

Customer Commitment: We firmly uphold a customer-centric philosophy, dedicating ourselves to delivering high-quality, reliable, and timely products and services. Through continuous innovation and service enhancements, we strive to exceed customer expectations and build long-term, trust-based, and mutually beneficial partnerships. Communication: We are committed to communicating with our customers in a clear, honest, and efficient manner. We highly value and protect the security and confidentiality of customer information, ensuring that all inquiries and feedback are handled professionally and promptly.

Code of Conduct: Defining the Bottom Line for Integrity in Business Operations

Company-wide Training: Integrating ESG and Compliance Principles into Corporate Culture

ISO System Development Drives Continuous

We leverage digitalization and intelligent technologies as key drivers to advance green and efficient smart manufacturing.

By implementing a series of international standard certification systems, we have established a systematic and standardized management framework that drives continuous improvement in quality, environmental performance, safety, and energy efficiency. As a leading enterprise in the shipbuilding and marine engineering industry, Qingdao Wancheng Anchor Chain Co., Ltd. places great emphasis on the development of ISO management systems. Through these systems, the company continuously enhances its quality management, improves environmental performance, strengthens safety assurance, and optimizes energy utilization—driving operations toward greater standardization and operational excellence.

To date, the company has successfully obtained ISO 9001 (Quality Management), ISO 14001 (Environmental Management), and ISO 45001 (Occupational Health and Safety) certifications. In December 2024, the company launched the ISO 50001 Energy Management System initiative and is on track to achieve certification by July 2025.

External Audit: Ensuring the Continued Effectiveness of the Management System

Energy Certification Training

Build a culture of integrity and uphold a zero-tolerance policy.

We uphold a zero-tolerance policy toward all forms of corruption and misconduct, and are committed to fostering a corporate culture of integrity, transparency, and accountability.

The company strictly complies with national laws and regulations and has established a comprehensive anti-corruption and compliance management system. Key measures include, but are not limited to, signing non-compete agreements, conducting supplier background checks, and implementing clear business entertainment guidelines.

In addition, we have set up multiple internal reporting and whistleblowing channels to ensure that employees and partners can safely and efficiently report potential violations. Regular integrity and compliance training sessions are conducted for all employees to strengthen ethical awareness and legal compliance. Through these measures, we aim to ensure the company’s healthy and sustainable development under a transparent governance framework.

Corporate Governance