Xidelang Holdings Ltd - Annual Report 2014 - page 48

annual report 2014
I
47
13. CORPORATE SOCIAL RESPONSIBILITY (cont’d)
Our Group acknowledges the importance of corporate social responsibility (CSR) and has continued to uphold our
commitment to the core CSR areas, the details as elaborated below. (Cont’d)
• Compliance with laws and regulations
Our Group believes that strict compliance with all relevant laws and regulations is a requisite to promote an
ethical and responsible society. To this end, our Group adheres to the local tax regulations and makes prompt
payment for our tax liabilities. Apart from that, our Group remains vigilant towards any changes in the laws
and regulations to ensure applicable laws and regulations are complied with at all times.
Our Group’s commitment to social responsibility in terms of compliance with laws and regulations has proved
favourable and value-enhancing for our shareholders and stakeholders, as we minimise the exposure to
lawsuits. To-date, our Group has not involved in any significant litigation, arbitration or claims.
Our Group strives to maintain a healthy and positive corporate image, hoping that this would share some
effects on introducing ethical values and practices within the society and amongst our workforce.
Additional Corporate Disclosure (Cont’d)
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