HYOSUNG ITX

Respect for customers

A company exists to offer the value that can satisfy customers

• Gaining the trust of our customers is our most important priority.
• We provide distinguished quality and service that can satisfy the needs of our customers.
• We strive to establish transparent and fair business practices with our customers and develop healthy partnerships.

Shareholder-oriented business

A company exists to offer the value that can satisfy customers

• We increase the profits for our shareholders and investors by creating value with better performance.
• We conduct business logically and transparently to gain the trust of both our shareholders and investors.
• We respect the rights of our shareholders and investors and offer them all the necessary information at the appropriate time to realize profits with integrity.

Respect for fellow employees

Each of the employees is the most important asset of the company

• We mutually respect the character of each of our fellow employees and establish a sensible corporate culture based on mutual trust and understanding.
• We create a comfortable workplace where individuals can openly express their creativity and can enjoy their work.
• We do not discriminate based on unreasonable grounds, such as educational background, place of birth, gender, age, or religion.

Socially-responsible business

A company is a memeber of society and must achieve harmony with society to grow

• We fulfill all of the responsibilities and duties as a member of society as well as striving to achieve mutual prosperity and progress through social contribution efforts.
• We aim to be an environmentally-friendly company and to be a company respected in the community.

Respect for Customers

Business with our customers

• We put customer satisfaction as our first priority, strive to offer the best quality products and services and faithfully keep our promises with our customers.
• We respect our customers during business negotiations and make sure that the transactions can be conducted in an equitable and reasonable manner.
• We do not take advantage of our privileged position, ask for unjust compensation, or make any unfair requests.
• We do not hide information or display false/exaggerated advertisements. Moreover, we frankly offer all the information that customers need to know.

• We maintain mutual trust and respect with our suppliers and pursue higher value and progress in partnership.
• We grant fair opportunities when bidding or signing a contract. Moreover, we sign contracts in an equitable and reasonable manner.
• We find and promote our best suppliers and maintain a constructive relationship.

Shareholder-oriented business

Protection of the profits of shareholders and investors

• We do our best to create profits with integrity through efficient business practices and add value through making reasonable investments.
• We maintain honest and accurate records of our financial situation following proper and transparent accounting standards.
• We do not engage in unfair trading of stocks using company’s inside information for our own or others’ benefits.

Protection of the shareholders’ right to know

• We offer shareholders and investors any trustworthy and useful information that might be necessary regarding the entire business process at the appropriate time in order to realize profits with integrity.
• We work so that our company can be adequately evaluated through active public and investor relations activities.

Respect for fellow employees

Respect for fellow employees

• We respect the character of each of our fellow employees, encourage creative and autonomous actions and offer support and opportunities for further learning for the development of our staff’s competencies.
• We grant fair opportunities to all employees and assess them justly based on their work and competence.
• We do not discriminate anyone based on gender, religion, age, regional or educational background in the hiring, working, or promoting procedures.

Establishing a positive corporate culture

• We do not engage in gambling or other immoral actions with other employees; we do not engage in extortion, inappropriate monetary loans or joint liabilities on guarantees.
• We do not engage in verbal or physical/visual demeanors that might be repulsive to other employees and respect each other’s privacy.
• We do not discriminate or give preferential treatment to any person or group based on unreasonable grounds, such as regional, family, or educational backgrounds, religion, or gender. Also, we do not make solicitations that can negatively affect other fellow employees.
• We create an active, driven and creative corporate culture to achieve our common goals as members of the company and do not behave in egotistical ways or manners that can aggravate unnecessary conflict.

Socially-responsible business

Contribution for social development

• We respect the values and traditions of the local communities in the country and abroad where we conduct our businesses, continue to create jobs and fulfill all of the responsibilities and duties as members of the community.
• We set good examples as members of society by fulfilling and offering support for social contributions and other needs.
• We protect the environment and actively participate in the environmental protection endeavors in the local communities.

Respectable social conduct

• We do not behave in any way that might damage the dignity of the company; refrain from unsound personal matters and be strict in self-discipline.
• We do not use our position in the company to engage in political actions that can benefit certain political parties or social.