Risk Management

The company sets sustainable profitability and long-term development as its operational goals and has established the "Risk Management Policy and Procedures" and "Risk Management Practices Guidelines" to guide risk control efforts. Each department is tasked with identifying potential risks and evaluating their potential impact on the company's operations, environment, social responsibilities, and corporate governance. Comprehensive risk management involves all personnel at various levels to prevent risks at every level. In the event of risk loss, the company has an internal crisis management team to swiftly implement response measures, ensuring business continuity and rapid recovery of normal operations.

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Risk Identification

Focus on the three major issues of environment (E), society (S), and corporate governance (G), THC identifies risks, including market, financial, operational, environmental, and others:

Topic Risk Aspect Item
Environment (E) Environmental Risk
  • Climate Change
  • Water resources&
    Wastewater management
  • Greenhouse gas
    emission management
  • Energy management
  • Air pollution management
  • Waste management
Society (S) Operational Risk
  • Human Right
  • Recruitment and Development
  • Food safety risk
  • Quality risk
  • Occupational safety and health
Market Risk
  • Horizontal competition
  • FMCG boom
  • International political and economic trends
Other Risk
  • Infectious disease risk
Corporate Governance(G) Operational Risk
  • Professional Ethics
  • Regulatory compliance
  • Information security
  • Supply chain risk
Financial Risk
  • Risk of Interest rate changes
  • Risk of Foreign exchange
  • Credit risk
  • Risk in financial decision making

Risk Identification and Management Procedures

According to the materiality principle to evaluate the risks of each issue, relevant risk management strategies and implementation are as follows……Read more