Director Tong Jianhua of Our Firm Invited to Speak as a Keynote Guest at the Furniture Industry Sustainable Development Forum

September 4, 2023, 14:59:00

Recently, Director Tong Jianhua of Hong An Xin Chen (Guangzhou) Joint Law Firm was invited to attend the Furniture Industry Sustainable Development Forum and delivered a speech as a special guest. He shared the stage with renowned institutions such as KPMG, Colliers International, and the International WELL Building Institute (IWBI). Lawyer Chen Peiyu of the joint firm also attended the event.

Forum Theme: Embracing Change for Green Development

Hosted by the Guangzhou Furniture Industry Association, the 7th Sixth Council Meeting and Sustainable Development Forum was guided by China's "Double Carbon" strategy, highlighting the rapid advancement of ESG (Environment, Social, Governance) in China. ESG has become the second "business card" for Chinese enterprises to demonstrate brand image, corporate social responsibility, and investment value. Director Tong, with extensive experience in corporate governance, focused his speech on this topic.

Key Points of Director Tong's Speech

1. Promoting Enterprise Compliance Construction

- Institutional Framework: Emphasized the need to establish comprehensive corporate regulations aligned with national laws, covering operational procedures and legal requirements to standardize internal activities. For example, when formulating systems, enterprises should not only consider daily operations but also ensure compliance with national laws and regulations, such as the 164 charges related to unit crimes stipulated in China's criminal law, which account for 75% of all prosecuted unit crimes.

- Employee Compliance Awareness: Advocated regular training and seminars to enhance legal literacy. By making employees understand the consequences of violating company systems, it can effectively prevent inadvertent violations and reduce potential losses.

- Risk Prevention: Stressed the importance of establishing a risk early-warning system to predict and prevent potential risks. Meanwhile, violations should be dealt with promptly, and violators should be punished to deter similar incidents.

- Technological Integration: Proposed leveraging technologies like big data and AI to upgrade compliance management systems, making them more scientific, precise, and adaptive to enterprise needs.

2. Practical Implications for Furniture Enterprises

Director Tong's insights were well-received, helping attendees understand how to adapt to evolving times, use international standards and fiscal planning, and pursue green, high-quality development in line with China's "Double Carbon" goals. His analysis clarified strategies to avoid missteps and steadily implement national policies.

Industry Response

Participants praised Director Tong's analysis for providing deeper insights into integrating sustainable practices, enabling furniture enterprises to navigate challenges and align with international benchmarks for long-term growth.