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中文
Operation practices
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Supply chain management

China BlueChemical continuously improves the supply chain management system, formulates the Supplier Management Measures, Supplier Management Implementation Rules, etc., and carries out the management mode of centralized management and hierarchical responsibility for suppliers. The Engineering and Procurement Department of the Company is responsible for the formulation of supply chain management system, and the Procurement and Sharing Center of the Company is responsible for the construction and maintenance of the supplier database, including the approval of supplier entry, annual assessment, and optimization management of the supplier database, etc. The stationing team of the Procurement and Sharing Center in each subsidiary is responsible for the recommendation of the suppliers, preliminary examination, and process assessment.

Adhering to the principles of fair operation, mutual trust and reliance, and win-win cooperation, we advocate the establishment of a business environment of fair competition, equality and mutual benefit, and the establishment of a reasonable evaluation and management mechanism and communication mechanism with various suppliers and partners. This strongly prevents illegal and illicit behaviors such as underhanded operation and commercial bribery, and promotes the sustainability of the supply chain.

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Product liabilities

The Company abides by laws and regulations such as the Quality Law, Trademark Law and Anti-unfair Competition Law of the PRC and each of the national standards for various types of products. The Administrative Measures for Quality Control, Administrative Measures for Marketing of Products, etc., have been formulated by the Company, and comprehensive and stringent quality control measures in relation to product quality and safety, advertisements and promotions, trademarks, labels, privacy and remedies were implemented.

Adhering to the “people-oriented, safety-first, law-abiding, foundation-consolidating, innovation-driven, winning-in-quality” policy and leveraging its quality control system, the Company promoted QC group activities, strengthened laboratory testing management, and initiated the “Quality Month” event to further cultivate a quality culture, enhance the quality awareness of all employees, and continuously improve the Company’s quality management standards. In 2023, the Company's urea and methanol product qualification rate was 100%, and the product excellence rate was 99.88% and 100%, respectively, which have reached the Company's product quality and efficiency annual targets. The Company did not have any quality incidents of level D or above, no major lawsuits and complaints arising from product quality and services, and no sold or shipped products that had to be recalled for safety and health reasons. In addition, in 2023, the Company underwent seven external sampling inspections of its products, all of which were satisfactory.

Anti-corruption

Prevention and control of corruption is a major component of the Company’s risk management. In rigorous compliance with, among others, the Criminal Law, Anti-Money Laundry Law of the PRC and Rules on Integrity of Executives of State-Owned Enterprises, the Company issued the Disciplinary Action Regulations for Employees’ Breaches and Administrative Measures for Accountability Inquiry of Illegal Operations and Investments (Trial), required employees to act in strict conformity to the laws and requirements and ethical codes in relation to prevention of bribery, extortion, fraud and money laundering. The Company has in place a Supervisory Committee, which is responsible for overseeing the discharge of duties by Directors, president and other senior management members. A group of discipline inspectors is responsible for scrutiny of disciplinary actions and accountability works, oversight of the discipline of the Party members and leading cadres, and investigation of and dealing with cases in violation of discipline and rules, and thus, a comprehensive risk control system that promotes integrity is formed.

The Company conducts coordination for anti-corruption risk control and day-to-day production and operation, with regular focus on key projects and processes for routine monitoring in order to achieve prevention and invigilation of such incidents.