Company

Jeong-do Management

Code of Ethics

LX’s Code of Ethics details our obligations to our customers, the environment, society, and shareholders.

Based on the belief that customers are the true foundation of our business, LX always respects the opinions of its customers, and secures their unconditional trust by constantly creating and providing them with value.


01. Respecting Customers.
We value the opinions of our customers and validate their true needs at all times. We regard our customers as the primary standard for our decisions and conduct.

02. Creating Value
We work hard to create value for our customers. Through customer satisfaction, we can build the foundation of our sustainable prosperity.
We continuously create practical value that fully benefits and satisfies our customers.

03. Providing Value
We are always true to our customers and never fail to keep our word.
We offer the highest quality products and services at affordable prices and respond to customers’ requests promptly and accurately.

LX complies with local laws and regulations in all of its business activities around the world, and secures a competitive edge through legitimate means only.


01. Pursuing Free Competition
We uphold the principles of the free market economic system and pursue open competition around the world. We earn our customers’ trust through top-quality products and services.
We compete fairly and capably with our competitors and do not interfere with their interests or exploit their weaknesses.

02. Complying with Laws and Regulations
We conductour domestic and overseas business activities in strict accordance with local laws and regulations, and with respect to local business customs.

All transactions are based on the principle of free competition with equal opportunity for participation, and we pursue co-development from a long-term perspective by building mutual trust and cooperation through transparent and fair transactions.


01. Equal Opportunity
LX offers equal opportunities to all qualified companies seeking to become our business partners.
We register and select all applicants in a systematic manner according to a fair and objective evaluation process.

02. Fair Transaction Process
We conduct all business transactions under equitable circumstances. The terms and procedures of the transaction are thoroughly discussed between the parties involved.
We never engage in any form of unfair transaction taking advantage of any superior position.
We exchange transaction information through appropriate procedures in a timely manner. Transaction results are evaluated on a regular basis and mutual cooperation measures are taken.

03. Pursuing Mutual Growth
We support the long-term growth of our dealers and vendors by enhancing their competitiveness through technological technological and managerial assistance. We share the profits derived from business innovations.
We pursue mutual efforts and cooperate with our business partners in promoting a healthy business environment and maintaining fair business processes.

Our executives and employees establish the right values as part of the LX family, with a belief in honesty and fairness, and complete the given mission through continuous self-development and fair job performance.


01. Basic Ethics of Employees
LX Employees are proud of the Company and always act honestly and fairly.
LX Employees strive a high standard of morality and continuously strive to maintain their personal dignity and the Company’s honor.

02. Accomplishing Missions
LX Employees accomplish their duties in accordance with the visions and policies of the company.
LX Employees perform assigned duties in the best possible and professional manner while obeying relevant regulations.
LX Employees protect and preserve Company’s properties and maintain confidentiality on information gained during employment.
LX Employees openly communicate and cooperate with colleagues and related departments to enhance work efficiency.

03. Self-development
LX Employees understand the meaning of an ideal employee and constantly strive to meet these standards through self-development.

04. Fair handling of Job
LX Employees carry out their duties based on honesty and fairness, always seeking to contribute to fostering a sound business culture.
LX Employees do not accept any form of financial benefits from stakeholders that may influence their clear judgement.
LX Employees do not engage or unethical behavior in performing their duties.

05. Avoiding Conflict of Interests with the Company
LX Employees avoid personal behaviors or relationships that are in conflict with the Company’s interests.
LX Employees do not use the Company properties to pursue personal interests.

LX respects all executives and employees as human beings, treats them fairly based on their abilities and achievements, and helps them to fully demonstrate their creativity.


01. Respecting Humanity
LX treats each employee with warmth and trust and values every individual’s dignity.
LX makes every effort to help employees feel pride and personal fulfillment by giving them a sense of ownership in their jobs.
LX has established regulations and educational guidelines and takes necessary actions to assist employees in performing their duties in a fair and effective manner.

02. Fair Treatment
LX offers equal opportunities to all employees based on their abilities and talents.
LX evaluates the abilities and performance of its employees using fair means and rewards.

03. Promoting Creativity
LX makes every effort to create a working environment conducive to creative thinking and autonomous behavior.
LX actively develops employee abilities and manages its human resources based on a long-term plan.
LX respects personal lifestyles and creates a developed organizational culture through mutual trust and understanding.

LX contributes to enhancing human happiness and promoting sustainable development by fulfilling its responsibilities to the environment and society through honest and transparent management.


01. Protecting Environment
We strive to make our best efforts in preventing environmental pollution and conserving nature for the preservation of a clean environment.

02. Compliance with social responsibility
We conduct our business with respect for social values as integral members of the community.

03. Protecting the interests of shareholders
We enhance the company's value through rational and transparent management, while protecting the interests of our shareholders.