Anti-Bribery Statement

    PXW Semiconductor Manufactory Co., Ltd ("PXW" or "Company") is fully aware of the negative and adverse impact caused by bribery on fair competition, social and economic development as well as the Company's reputation and development. PXW is committed to complying with all applicable anti-bribery laws and regulations, conducting business with fairness, integrity and transparency, placing anti-bribery obligations above business interests, and taking a “zero-tolerance” approach to bribery and corruption.

    In order to prevent bribery and corruption in business activities, PXW attaches great importance to continuously cultivating an integrity culture, and takes an active part in establishing an anti-bribery compliance management system. All employees are required to strictly abide by the Company's Anti-bribery Policy and rules, which prohibit them from giving or offering a bribe to any government officials, business entities, organizations and individuals directly or indirectly to obtain or maintain business. In addition, to ensure the Company's Anti-bribery Policy and rules are effectively communicated to all business partners, PXW will continuously enhance their compliance awareness of anti-bribery through various measures such as signing commitment letters or compliance document, or taking all appropriate actions to handle any non-compliance, etc.

    PXW hopes to shape an appropriate business environment based on fairness, honesty, integrity and incorruptibility with all business partners and consciously accepts the supervision by the general public.