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Social responsibility of Hengtong Group Co., Ltd.

I. Introduction to the Foundation

Hengtong Group is one of the top 5 enterprises in China and the main cable supplier in the world. Since 1991, Hengtong Group has never forgotten to give back to the society in the past 2 years, while its own development and growth. Every year, the accumulated donations for caring for students, helping the poor, providing disaster relief and charity have exceeded 2 million yuan. On February 25, 211, Hengtong Group and Cui Genliang jointly invested 5 million yuan to establish Hengtong Charity Foundation, becoming the first non-public charitable foundation in Suzhou, which is headed by the Ministry of Civil Affairs.

Hengtong's charitable activities have won various honors from many government departments and social organizations, such as "Special Award for Corporate Social Responsibility", "Being a Brave and Advanced Work Unit" by local governments, and "China Charity Award" by the Ministry of Civil Affairs.

Cui Genliang, chairman of Hengtong Group, thinks: To do charity, you really have to do it for charity. By charity, you really have to spend money on the disadvantaged groups who should be able to enjoy charity in real society. Corporate social responsibility covers many aspects. In an interview with reporters, he said: "An enterprise fulfilling its social responsibilities cannot simply be understood as donating money and materials. The fundamental responsibility of an enterprise is to run the enterprise well and provide better products and services for the society. At the same time, under the premise of operating according to law, it should actively assume social responsibilities, contribute more taxes, create more jobs, guide and promote the development of local industries and make more contributions to the local economy. The motivation of enterprises to carry out public welfare activities should be pure, and they cannot seek their own fame and fortune in the name of charity. "

II. Nature of the Foundation

Hengtong Charity Foundation is a non-profit social welfare organization registered with the Ministry of Civil Affairs and with independent legal personality. It is a non-public fundraising foundation dedicated to various charitable and public welfare activities through private fundraising. The competent business unit of the Foundation is the Ministry of Civil Affairs.

III. Aims of the Foundation

People-oriented, caring for people's livelihood and promoting social welfare; Help the poor, care about public welfare and strive to build a harmonious society.

IV. Scope of business of the Foundation

It supports individuals or families such as disabled people, orphans, elderly people who are lonely, honorary soldiers, model workers and so on; Carry out special group rescue activities such as helping the disabled, helping students, helping the poor and treating and rehabilitating critically ill patients; Participate in social welfare construction and charitable and public welfare donation activities organized by the government and civil affairs departments; Support sudden disaster relief activities and provide donations to the affected areas or victims.