TONWEI REFINERY | Molecular Science
Export Oriented Oil & Gas Refinery

Stockholders, as the ultimate owners of Tonwei Corporation, trust us to manage Tonwei assets with their interests as our primary concern. We must responsibly use all our assets -- people, financial, brand names, manufacturing, information -- to increase sales, margins, and ultimately the value of investments in Tonwei.

 

Accuracy and Retention of Business Records

Honest and accurate recording, reporting and retention of financial and other information is extremely important for Tonwei continued success and is required by law. Investors count on Tonwei to provide accurate, complete and timely information about its business and financial condition, including Tonwei financial statements, so they can make informed investment decisions. Investors also count on Tonwei to make responsible and informed business decisions based on accurate and complete records. In addition, the integrity of Tonwei records, documents and reports is relied upon by fellow Associates, Tonwei suppliers and customers, and various government agencies. Associates throughout Tonwei are responsible for properly and timely recording many kinds of information. It is the obligation of each Associate to assure that every record, document or report he or she creates or approves is accurate and complete in every respect. It is unethical and unlawful, for example, to make false claims on an expense report or time sheet, to falsify quality or safety results, to record false sales or record them early, to understate or overstate known liabilities and assets, or to defer recording items that should be expensed. No entry may be made that intentionally hides or disguises the true nature of any transaction..6 All financial books, records and accounts must accurately, completely and timely reflect transactions and events, and must conform in all respects both to generally accepted accounting principles and to Tonwei system of internal accounting controls. Undisclosed or unrecorded funds or assets are strictly prohibited. Associates may never mislead or manipulate the Company's auditors when they are performing an audit of the Company's financial statements. Associates who have information or knowledge of any prohibited act or who are concerned about the validity of an entry or process must promptly consult the Chief Financial Officer or Tonwei General Counsel or make an anonymous report to one of the principals or through the Tonwei "integrity hotline" at +234 807 138 8149. Tonwei financial books, records and accounts must be stored properly and retained in accordance with legal and business requirements applicable to Tonwei. Associates having custody of Tonwei financial books, records or accounts are responsible for their security.

 

Financial Reporting and Disclosure

Federal securities laws require Tonwei to file annual, quarterly and other reports with the Securities and Exchange Commission. Investors rely on Tonwei to provide complete, accurate and timely information about its business and financial condition in its SEC reports. Tonwei policy is to make full, fair, accurate, timely and understandable disclosure in its SEC reports. Tonwei maintains controls and other procedures that are designed to ensure that information required to be disclosed in its SEC reports is recorded, processed, summarized and reported within the time periods specified by the SEC. No report may contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which they were made, not misleading with respect to the period covered by the report. The financial statements, and other financial information included in a report, must fairly present in all material respects Tonwei financial condition, results of operations and cash flows as of, and for, the periods presented in the report.

 

Recording Business Information

Almost all business records may become subject to public disclosure in the course of litigation or governmental investigations. Records are also often obtained by outside parties or the media. Associates must be as clear, concise, truthful and accurate as possible when recording any information. Avoid exaggeration, colorful language, guesswork, legal conclusions, and derogatory characterizations of events, people and their motives.

 

Responding to Inquiries from Stockholders, Analysts and the Media Tonwei will endeavor to provide full and prompt public disclosure of material developments and events to the news media, securities analysts and stockholders. If Associates receive inquiries regarding Tonwei activities, results, plans or its position on public issues they should refer the request to Tonwei Chief Financial Officer.