CODE OF BUSINESS ETHICS

Corporate

- PF shall promote the rights and interests of our clients by supplying products and services of the best quality, strictly protect clients’ privacy and fulfill our promises to them.

- We shall respect the individual personality of our employees to establish a corporate culture based on mutual trust and understanding and do our best to prevent intimidation or any form of abuse within the work place.

- We shall strive to raise employees’ awareness of ethics and give systematic, long-term support to the development of our human resources.

- We shall positively provide our clients with technical support and management guidance for mutual development.

- We shall do business with clients on an equal basis and shall not abuse our advantageous position to make improper financial gains.

- We shall reject all solicitations of stakeholders that may hurt fairness of services and shall not give or receive unjust money or goods.

- In our transactions with our business partners, including clients and suppliers, we shall conduct ourselves according to transparent standards to create an honest corporate culture beloved and trusted by the public, based on fair, transparent terms and ensure mutual benefit.

- We will respect the rights and property of others, including their intellectual property.

- When exchanging business courtesies, meals and entertainment, we will avoid activities that could create even the appearance that our decisions could be compromised.

- We will keep records that are verifiable and accurate.

- We will recruit, train, promote and reward people based on their performance and contribution.

- We will comply with laws, rules and regulations and actively promote awareness, understanding of and compliance with all applicable laws.

- We will offer no payments or favors to influence others to do something wrong.

- We will create a workplace where we feel free to express our opinions and to raise questions and concerns in a safe and supportive environment, without fear of harassment, retribution or retaliation by peers or superiors.

Directors

- Will act with honesty and integrity, avoiding actual or apparent conflicts of interest between personal and professional relationships.

- Will promote the full, fair, accurate, timely and understandable disclosure in reports and documents that PF files with, or submits to, the authorities and in other public communications made by PF.

- Will act in good faith, responsibly, with due care and diligence, and without misrepresenting or omitting material facts and without seeking improperly to influence or hinder PF’s independent auditors in the performance of their engagement.

- Will comply with the laws of federal, state and local governments applicable to PF.

- Will promote ethical behavior in the work environment.

- Will promote responsible use of and control over all assets and resources of PF.

Employee/Employer Partnership

- At PF, each individual employee is considered to be a valuable asset, to be respected and to be nurtured, both as an empowered individual and as a team member. PF has remained focused on the individual and is committed to providing a safe workplace that is free from harassment and discrimination where each employee is encouraged to set high goals.

- PF has an “open door” business philosophy that gives every employee access to higher levels of management.

- PF promotes a work environment that prohibits retaliation and retribution, discrimination and harassment.

- PF encourages personal development by providing relevant educational assistance to all employees. We also encourage strong support for community development.