The years never remain, time flies. In the blink of an eye, Jiangsu Sainty Corp. has operated for more
than 40 years. Do you remember still, swimming mid-stream, we encountered choppy waters? With the
help of the spring breeze of reform, we have gradually grown into an international, professional, and
platform-based comprehensive service provider. We transformed ourselves to a listed company with
industry influence from a branch company of China National Textiles Import & Export Corp. High
mountains need a solid foundation. From the main business of clothing trade to the continuously
developing new characteristic market business of “dislocation, differentiation and high threshold,” the
company's steady development cannot be separated from efficient compliance operation and risk
control. Driven by the team spirit of “pragmatic and efficient, proactive, performance first, efficiency
first,” we have steadily achieved high-quality sustainable development and contributed to the high- quality and rapid development of the national economy.
Currently, the globalization of the economy has brought about the globalization of rules. China's rule of
law adheres to Chinese characteristics, and it is constantly absorbing elements from the experience of
international organizations and countries around the world. Since 2020, the rule of law has gradually
reached perfection, and the implication of corporate compliance has greatly increased. Today,
compliance management is the only way for enterprise development. Sainty, which is committed to
high-quality sustainable development, is at the forefront of the industry and actively embraces the era of
compliance.
Compliance means that while focusing on its own
development, the company needs to balance, respect and
protect the interests of shareholders, especially state- owned asset investors and small and medium-sized
shareholders, employees, suppl iers, competitors,
communities, the public, and the legitimate rights and
interests of related parties. The company must strive to
befriend neighboring communities instead of building a
wall between the company and neighboring communities.
In the meantime, the management and control of
compliance risks is one of the core components of
comprehensive risk control. Only by continuing to comply
to standards while operating can we achieve sustainable
development.
As a pilot unit of compliance management by the State- owned As sets Super vision and Administration
Commission (SASAC) of Jiangsu Province, Sainty
earnestly practices the pilot requirements under the
strategic leadership and guidance of the Guoxin Group,
established a comprehensive compliance management
system, and preliminarily realized a sound compliance
organization structure and a complete compliance
system. It has accumulated relatively mature experience
and practices, and laid a sturdy foundation for future
continuous optimization. On top of all these, compliance
is still the most important social responsibility of an
enterprise. As a responsible and accountable state- controlled listed company, Sainty's compliance is
integrated and self-disciplined. The compliance of Sainty
is comprehensive and one that continues to evolve itself.
Sainty's compliance requires the extensive participation of the board of directors, management
and all employees. Here, on behalf of the board of directors, I promise to continue to operate in
compliance with regulation, ceaselessly improve compliance management, and continue to
promote a compliance culture throughout the company. The ambition of Sainty: as nature is constantly creating, so all men should constantly strive for
self-perfection. In the current economic environment that is full of uncertainties, let us adhere to
the path of high-quality sustainable development with the ambition of operating in accordance
with compliance. Let us be as assiduous as before, keeping steady and reaching for better. Let us
strive unremittingly to realize the beautiful vision of operating Sainty for a hundred years!
