To our stakeholders:
I am pleased to confirm that FAR EAST HOLDING GROUP CO.,LTD. reaffirms its continued support of the Ten Principles of the United Nations Global Compact in the areas of Human Rights, Labour, Environment and Anti-Corruption.
In this annual Communication on Progress, we describe our actions to continually improve the integration of the Global Compact and its principles into our business strategies, culture and daily operations. We also commit to share this information with our stakeholders using our primary channels of communication.
Sincerely yours,
Xipei Jiang
Chairman

1.Our company‘s annual per capita salary increases more than 10%;
2.Our company invests huge sums of money each year to organize staff travel, which can be divided into domestic and outboard tourism according to the work experience, position, titles and so on;
3.Company pays Social Insurance, Pension Insurance, Occupational Injury Insurance, Medical Insurance, Unemployment Insurance and Housing Provident Fund for all employees;
4.Every year, our company supplies free physical examination and holiday gifts;
5.Our company provides daily shuttle bus to the city center for entertainment and shopping;
6.Every year, our company regularly organizes competitions of basketball, football, table tennis, Mid-Autumn Festival party and other recreational activities to enrich employees’ amateur lives.

Our Company pays attention to person post-suited talents, established a set of position qualification system to make a systematic analysis of position, and sets up employment standards and scientific assessment tools to evaluate talents’ personality and quality as the reference.
We promote the selection mechanism of collective interview included by employing department, human resource department, branch leaders and external experts.
These measures not only greatly improve the accuracy of “Zhirenshanren " and enable employees to obtain suitable characteristics of the post, but also pay attention to help the employees’ career plans and provide various occupation development channel for employees.
We apply a scientific and reasonable rotation system and promotion system, and carry out racing mechanism, and with the principle of all posts in the internal priority competition, we provide a broad platform and opportunity for personal development in the spirit of openness, fairness, impartiality.As a result, the benign mechanism of “ Use the capable ones, relief the incapable ones”.
At the same time, we accept the supervision of the staff for the selecting and employing mechanism. If there are any questions, anyone can send emails or make calls to reflect the specific circumstances, and after the understanding of the specific situation by the Department of party work and the human resources department, those questions will be reviewed and determined by the relevant leaders.

1.In 1995, our company founded the labor union which has a clear division of function with perfect abilities.
2.Our company set up the audit department, the lawyer affairs department, labour union and other organizations.
3.Our company set up president mailbox and OA forum which are replied in time by the labour union.
4.Our company published a series of evaluation and supervision mechanisms which can be seen in the "Employee Handbook"and LAN website.
5.Twice total evaluations every year and a month evaluation every month (three combinations of self-evaluation, evaluation of superior, and subordinates evaluation).
6.The company has an open and clear compensation system with adetailed evaluation criteria.
7.Every year the company will sign the "target responsibility certificates" with staff and evaluate employees according to the actual situation and the target value of contrast.
8.The company has a complete set of management methods of assessment whichare formulated in compliance with national laws and regulations.
9.Every new employee employed by company, he or she will get the knowledge training on the human rights.

The labour union is responsible for it.
On behalf of the workers, the union negotiates and signs the collective labor contracts and collective wage negotiation protocol with the company, and deals with labor relations, maintaining the lawful rights of employees and enterprises.
The union guides workers to sign labor contract to safeguard the legitimate rights and interests of workers.
The union conscientiously implements the " Labor Law " and other relevant laws, regulations, rules and regulations, timely understands and reflects the opinions and demands of the masses, and eagers for the masses to do something real and good to gradually improve their production and living conditions, so that their legitimate rights and interests will be effectively safeguarded.

Far East uphold the principle of common prosperity efficiency, continue to explore the distribution mechanism, establish and improve the salary system of a set of human capital value, the post value, continuously improve their level of income, so that employees become the first beneficiaries of enterprise development. Salary levels remained within the region and industry competitiveness. Companies with outstanding contribution award of scientific and technical personnel, marketing personnel, management personnel, to take stock, option incentive policy for the core staff.
The Far East has been vigorously promoting staff welfare projects, and constantly improve the employee benefit plan, the personnel treatment into practice, make every attempt to improve the living conditions of talents, adhere to the career, feelings, treatment, system, culture to retain talent. Twenty years the company has issued more than 30 welfare policies, at the same time more than 2,300 disabilities providing job placement positions. To create a good living and working environment for employees, allowing employees to live and work in peace in the Far East, effectively enhance the sense of belonging and cohesion of enterprise employees.
In order to solve the housing problems of employees, subsidiaries of Wuxi Far East Ltd. far east city harbor, development for the majority of workers and residents around the Far East Xiang Yi real estate, and give preferential subsidies to purchase high staff, employees according to their own position, educational background, title and enjoy the corresponding subsidy, now many foreign employees in the Far East have a cozy home.
The company invested by high standards for the construction of the new Far East Mansion, the Far East Sports Center, science building, office, catering, entertainment, cinema, library, swimming pool, Internet cafes, table tennis room, billiard room, chess room, gym, goods are available in all varieties., to provide a good working environment and living environment for employees.
Because of the company’s long-time care and support to the social vulnerable groups in the long-term care and suppor, the company in 2010, 2011 won the China charity industry's highest honor - “China Charity award ".

1.The company set up a working committee of women workers, the labor dispute mediation committee, supervision committee of labor, receives real-time supervision and inspection.
2.Establish a trade union to actively participate in the occupation safety health management system, conscientiously do a good job of labor protection, urge and assist administration to improve the working conditions, the performance of corporate social responsibility, to participate in the security check and casualty accident investigation and handling.
3.In accordance with the “Labor Union Law " requirements, set up a special working group of democratic management and carry out regular work.
4.Arrange staff tourism, convalescence, mutual aid, relief, sympathy and occupation health inspection work, timely reflects to solve practical difficulties encountered.
5.According to the company's enterprise culture of the overall requirements, assist or organize the masses of the various cultural and sports activities.

The company's environmental policy: beyond user expectations, to create the world famous brand; enjoy green life, to create a better future; ensure safety first, health care staff; to comply with laws and regulations, the implementation of continuous improvement.
In 2014 the company’s environmental goals: recycling processing mainly solid waste, wastewater, waste gas, noise emission standards and continue to reduce, the effective control of material and energy consumption, environmental impact accidents to zero.
Our company’s promises: comply with the relevant national laws and regulations and other related requirements, enhance staff training, improve staff quality, deepening environmental consciousness; avoid new pollution, gradually reduce waste emissions, strengthen the waste recycling, saving material and energy consumption; continuous improvement environment system performance, ensure the target decomposition to the various departments and implemented, keep the suitability, effectiveness, persistent, consistent system.

1.The formulation of the annual training plan and implementation of environmental protection;
2.Continue to carry out cleaner production activities which regard " energy saving, consumption reduction, abatement, efficiency" as the goal;
3.To formulate the relevant management procedures, the implementation of relevant environmental impact;
4.Establish ISO14001 environmental management system, the annual third party supervision and audit, regularly carry out identification and control of the environmental factors, objectives and targets to achieve environmental management system;
5.Every year, we entrust the third party to carry out environmental monitoring, and make environmental improvement according to the monitoring results;
6.Implement the responsibility system for environmental protection, signed letters of responsibility of environmental protection.

1.formulating contingency plans for environmental emergencies and timely disclosure of environmental events;
2.Through the third party certification of environmental management system;
3.Our company has long attached great importance to environmental protection, to comply with environmental laws and regulations and other requirements, not by the environmental protection department of the punishment for 22 consecutive years;
4.Our company every year carry out environmental management system internal audit and management review;
5. the implementation of cleaner production project 234, annual savings of 334,090 m3 natural gas; year 1,158 tons of coal; coal tar recycled 400 tons; annual emission reduction SO21.887 tons; annual emission reduction of 0.543 tons of soot; section 2,508,000, annual savings of 61,000 tons, annual savings of 2.2 tons of lubricating oil, the economic benefits of 7,220,000 yuan.

1.Strict implementation of the discipline inspection and audit responsibilities, making efforts to ensure compliance
2.To delay debt collection work, and actively carry out the litigation rights
3.Adhere to governance by affection, reasons and law, and promote the healthy development
4.The company has established a perfect financial inner control system and strictly implemented relevant indicators.

1.The company has set up monitor audit department to receive related complaints and treatment.
2.Implementing the national relevant audit regulations and establishing internal audit management system and process and strictly enforcing them.

1.Our company conducts special audits to different boards.
2.Our Company arranges special person to focus on specific events, and increases evaluation efforts as well.
3.The company regularly carries out special meeting to introduce and study the related cases.
4.Regularly checking the senior managers’ remuneration supported by the completed performance appraisal.
5.Developing of the external audit and the audit report issued by the third party.