Chapter 1 General Principles
Article 1
To standardize the anti-money laundering and anti-terrorist financing efforts of Zhejiang Jingxin Pharmaceutical Co., Ltd. (hereinafter referred to as "the Company"), effectively prevent money laundering and related illegal activities, and mitigate risks associated with export controls and economic sanctions (collectively referred to as "money laundering and economic sanctions risks"), this system is formulated in accordance with the Anti-Money Laundering Law of the People's Republic of China, the Anti-Terrorism Law of the People's Republic of China, the Anti-Money Laundering and Terrorist Financing Ordinance of Hong Kong, the Securities and Futures Ordinance, and relevant regulations from the Hong Kong Monetary Authority and the Securities and Futures Commission (SFC), as well as applicable export control and economic sanctions laws and regulations.
Article 2
This system applies to the Company and its wholly-owned subsidiaries and holding subsidiaries. It includes but is not limited to the following business activities: international trade and cross-border transactions, domestic transactions, cooperation with customers and suppliers, investment and merger activities, fund settlement and financial services, technology cooperation, and intellectual property transactions.
Article 3
The Company's overseas subsidiaries conducting business abroad must comply with the anti-money laundering and sanctions and export control laws of the host country (region), assist and cooperate with the anti-money laundering agencies of the host country (region), and strictly implement the relevant requirements of this system within the scope permitted by the laws of the host country (region).
Chapter 2 Definition of Anti-Money Laundering
Article 4
The term "anti-money laundering" in this system refers to actions taken in accordance with relevant laws and regulations to prevent money laundering activities that conceal or disguise the source and nature of proceeds from drug crimes, organized crime, terrorist activities, smuggling, corruption, financial fraud, and other criminal activities.
Article 5
The term "anti-money laundering" also includes actions taken to prevent the fundraising, possession, or use of funds or other forms of property by terrorist organizations or terrorists, as well as the financing of terrorism and related criminal activities, in accordance with relevant laws and regulations.
Chapter 3 Money Laundering Risk Management Framework
Article 6
The Company shall establish a well-organized, complete, and clearly defined money laundering risk management framework, specifying the responsibilities of the board of directors, senior management, and various business departments in money laundering risk management, and establishing a clear, coordinated, and effective operational mechanism.
Article 7
The board of directors of the Company bears ultimate responsibility for money laundering risk management and primarily performs the following duties:
- Establishing the goals for the Company's money laundering risk management culture;
- Approving the Company's basic anti-money laundering system;
- Authorizing senior management to lead the Company's money laundering risk management;
- Approving the Company's money laundering risk management strategies and policies and procedures;
- Other related responsibilities.
Article 8
The audit committee of the board of directors is responsible for supervising money laundering risk management, overseeing the performance of the board and senior management in this area, urging rectification, and providing suggestions and opinions on the Company's money laundering risk management.