Lai Si Enterprise Achieves Steady Development and Creates Long-Term Value with Outstanding Team
Having been deeply involved in the decoration and construction industry in Macau for nearly 40 years, Lai Si Enterprise Holdings Limited ("Lai Si Enterprise" or the "Group"), with its solid management system and excellent talent team, has built high-quality construction projects for the local area, and actively participated in the development of the Guangdong-Hong Kong-Macao Greater Bay Area. The Group has always practiced the concept of sustainable development in the operation process, paid attention to and protected the rights of employees. It has also promptly responded to the national low-carbon economy development strategy, and actively explored various possibilities of low-carbon transformation in creation of long-term value for a better community.
Building Professional Team through a People-Oriented Approach
Lai Si Enterprise advocates a people-oriented corporate culture and is committed to establishing a harmonious and inclusive relationship with employees to enhance their sense of belonging and cohesion. Employees are encouraged to express their viewpoints and suggestions to their supervisors and management via email, verbally or in written form, and other possible methods. Responsible parties, such as the Human Resources Department and managers, would consider the information provided thoughtfully and proceed with proper follow-up actions or improvements. To support employees' career development, the Group offers different training courses to employees every year. Relevant assessment would be conducted to understand the training outcome in order to improve future training. Not only does the Group attaches great importance to employees' career development, it also pays attention to their personal protection. Other than providing medical and compensation insurance as additional guarantee, training on environmental, health and safety policies are offered to all employees to strengthen their awareness and ability in occupational safety.
Maintaining Effective Monitoring to Ensure Stable Operation
Lai Si Enterprise values business reputation and is devoted to establish close connection with its clients. In order to provide competent and safe services, and maintain a creditable monitoring system, the Group has established a systematic internal control and governance structure, and continuously promotes the business principles to its employees. In addition, Lai Si Enterprise understands its stability and sustainable development depend on integrity. The Group therefore strictly prohibits all forms of unethical transactions and operations, and regularly organizes anti-corruption training to improve employees' awareness. For positions with a high risk of corruption, Lai Si Enterprise implements shift work that periodically reassign employees in relevant positions, which increases the mobility to reduce the chance of corruption.
The Group attaches great importance to product responsibility and is committed to implementing and improving an effective regulatory mechanism to maintain its professional ethics and service quality. The Group’s comprehensive management system was established according to ISO 9001, ISO 14001 and OHSAS 18001, ensuring its provision of high-quality products and services. Lai Si Enterprise also advocates sustainable supply chain management and strives to develop a green supply chain. The Group has mandated the general manager to evaluate the selected collaborating suppliers and subcontractors, and conduct compulsory on-site inspections and quality assessments of materials and product samples for further verification. The Procurement Department would also arrange environmental training for suppliers and subcontractors to inform the Group's policies as well as related management and requirementsso as to promote green procurement practices.
Moving Towards Low-Carbon Transition by Reducing Environmental Footprint
Lai Si Enterprise has taken active actions to combat climate change and support the initiative for low-carbon transition in society. The Group addresses the environmental targets set in " Environmental Protection Planning of Macao (2010-2020)". Through improving its internal identification and management procedures of environmental factors, effective management on the utilization of natural resources, it strives to reduce pollution and cope with climate change in contirbution to ecological and environmental protection.
In order to lessen the environmental burden brought by its operation, Lai Si Enterprise has actively promoted waste management, emphasizing the vision of "recycling and waste reduction at source" and implementing measures for reduction, resourcefulness, non-hazardousness. Meanwhile, in the face of changes such as the intensification of extreme weather conditions and market transition to carbon reduction, the Group has identified climate risks related to its business and deployed mitigation and adaptation in a timely manner.
Shouldering Social Responsibilityto Create a Sustainable Future with the Community
The development of the Lai Si enterprise is inseparable from the community's support. The Group cooperates with the Macau government and a government corporation in the "Macau New Neighborhood" construction project, providing more than 4,000 residential units at a limited price for Macau people and 200 talent housing units to alleviate the lack of land resources. The project also allows Macau residents who work and live in HengQin to enjoy Macau's comprehensive social services and share the benefits from the development of HengQin.
Youth are the pillars of future society,the Group hence concerns with youth development. Lai Si Enterprise assisted the Youth Committee of the Macau Construction Association in organizing several exchange activities related to the development of the construction industry and the youth. It also co-organized the " Dream & Opportunity" project with the Education and the Youth Development Bureau, helping college students who are interested in the construction industry with enhanced understanding of the industry to plan for their career paths.
In the future, the Group promises to actively respond to the needs of the local community, focusing on improving residents' quality of life and promoting the growth and development of young people, so as to demonstrate its care for the community and contribute to society continuously.