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Environmental, Social and Governance Report

REPORTING ON SOCIAL ASPECTS (CONTINUED)

Employment and Labour Practices (Continued)

3. Development and Training

The Group introduces talents who suit our operating condition and development needs. Through a
series of target-oriented and systematic development and training programs, we are devoted to nurture
their growth. The Group organizes and subsidizes various internal and external staff training to enhance
their skills and knowledge, including machine operating, work safety and production environment
management, industry and market knowledge, business administration and so on. In Houjie Factory,
employees have to go through the required annual training hours according to business needs.
Meanwhile, the Group also updates the latest information of the industry and laws and regulations which
are essential to the Group’s operations and their job responsibilities from time to time.

To retain talent and reward employee with good performance and high potential, we offer internal
promotion prospects within the Group. We also encourage open communication and discussion
between management and other employees about working condition, promotion and career goal, with a
view to supporting their development and growth with the Company.

4. Labour Standards

The Group strictly complies with Hong Kong Employment Ordinance, the Regulations on Labor Security
Supervision and Provisions on the Prohibition of Using Child Labour of the PRC, and other national or
local laws.

All recruitment process and staff promotion activities of the Group are governed by the above-
mentioned labour system, and are under the watchful eye of human resources department to prevent
any child labour and forced labour, discrimination by gender, race, religion, age or disability, as well
as harassment or bullying in workplace. We also prohibit all management of the Company and its
subsidiaries from squeezing our labour for their interest or forcing them to work by any form of threat or
extortion.

Information about employee’s code of conduct and employment guidelines are provided to employees.
We require stringent supervision over behaviour of our directors, senior management and other
employees. Our staff is encouraged to report any misconduct to the supervisors, management and
human resources department. We will promptly conduct investigation into the report and submit the
results to management to seek appropriate actions. In more serious cases, for instance, that bring
substantial losses in reputation or money, we will obtain legal advices and take legal actions, where
appropriate.

26 ALCO HOLDINGS LIMITED ANNUAL REPORT 2017