Stable Cloud Supply Chain
To establish a basis for compliance for the Company’s business and non-business procurement and supplier management operations, we have formulated the Procurement Management Regulations. The procurement unit should collect suppliers with good credit, good quality, or preferential prices, register the supplier information in the “Supplier List” after the first-time transaction, and update the list from time to time in the case of changes in the information. Furthermore, the procurement unit needs to draw up a supplier evaluation form and conduct an evaluation. After the evaluation is completed, it should update the Supplier List. The annual evaluation should be conducted of all suppliers as of the end of the year in January of the following year, and completed before the end of February of the following year.