Talent development capabilities

Handa Industries always views its employees as the core engine driving its development. Guided by the "talent-driven Industries" strategy, it has built a comprehensive talent development ecosystem. By improving systems to protect employee rights and interests and broadening channels to promote democratic management, Handa Industries fosters employee growth through personalized planning and professional training. It also integrates caring care into daily life, comprehensively safeguarding employee development and fostering a harmonious atmosphere of "happy work, dedicated life," inspiring unlimited momentum for both employees and the company to forge ahead into the future.

Rights and interests protection system

Handa Industries always upholds a "people-oriented" philosophy, respecting and safeguarding the legitimate rights and interests of its employees. By improving its systems and strengthening its oversight mechanisms, it comprehensively safeguards employee compensation, benefits, labor safety, and other rights, building a solid barrier to protect these rights. At the same time, the company strives to create a fair and equal working environment, resolutely eliminating any form of discrimination and prejudice, and ensuring that every employee can thrive in a fair and orderly atmosphere. The company respects the diverse development needs of its employees, actively listens to their voices, and encourages them to take ownership and deeply participate in corporate management. Handa Industries takes concrete actions to build and share a happy Industries with its employees, ensuring that every contribution is valued and every dream has a stage to blossom.

Standardized employment management

The company strictly abides by and implements the Labor Law of the People's Republic of China, the Labor Contract Law, and local labor laws and regulations overseas, establishing a labor management system that is highly consistent with national laws. The company adheres to the principles of equal employment and equal pay for equal work. Throughout the employee recruitment and appointment process, it resolutely eliminates discrimination based on gender, nationality, ethnicity, skin color, and religious beliefs. It strictly prohibits the recruitment of child labor and eliminates all forms of employee harassment, effectively maintaining a fair and just labor environment.

During the reporting period, the company achieved a 100% labor contract signing rate by leveraging its sound management mechanism, and did not receive any complaints of discrimination against employees in terms of salary, benefits, career development, etc. due to differences in ethnicity, race, gender, or religious beliefs. There were also no negative incidents of employees being harassed or subjected to corporal punishment.

Diversified workforce

In 2014, Handa Industries had a total of 12,872 employees, 87% of whom were overseas employees, all of whom were full-time employees. There were 4,213 male employees, accounting for 33% of the total workforce, and 8,659 female employees, accounting for 67% of the total workforce.

The company has 73 ethnic minority employees, primarily from the Dai, Jingpo, De'ang, and Hani ethnic groups. The company treats all ethnic minority employees equally in terms of job placement, provides them with extra care in their daily lives, and fully respects their traditional customs and lifestyles. For example, the Hani people celebrate New Year in October each year, and the company gives these employees special leave to return home and reunite with their families.

It is worth mentioning that companies actively promote the career development of women. Currently, female managers account for about 51%,It fully demonstrates the effectiveness of diversified talent management and injects diverse vitality into the sustainable development of the Industries.

Improve salary and benefits

The company adheres to the principles of legality, scientific research, incentives, and fairness, establishing a comprehensive and standardized compensation and benefits management system and performance evaluation standards. Through scientific and rational system design, it provides employees with compensation packages that match their job value and work contributions. It strictly adheres to labor laws and regulations, paying wages on time and in full each month. Since its establishment, the company has maintained a zero-arrears record, and its average employee income is significantly higher than the local minimum wage, effectively protecting employees' labor rights and interests.

To further enhance employees' sense of achievement and belonging, the company has established a dynamic wage increase mechanism. Annually, based on comprehensive reference to the social price index and fluctuations in industry salary levels, it scientifically adjusts salary increases to achieve a virtuous interaction between corporate development and employee income growth. In recent years, the company's total employee wages have continued to grow steadily, fully demonstrating the company's development philosophy of shared growth with its employees.

Taking the company's Myanmar factory as an example, in order to motivate employees' work enthusiasm, an overproduction reward mechanism has been established, and generous cash rewards are given to employees who meet the reward standards. At the same time, the company actively implements national laws and regulations, and sets up a veteran employee award, providing employees who have been employed for one year with 10 days of paid annual leave or a corresponding number of days of salary subsidies. Employees can flexibly choose according to their own circumstances to fully protect their rights and interests.

Working hours

In response to the unique work characteristics of the textile, garment, and printing and dyeing industries, the company implements a comprehensive hourly work system for workshop employees and a standard hourly work system for office staff. Working hours comply with relevant national and local regulations. All employees enjoy paid leave, including statutory holidays and annual leave, as well as sick leave, maternity leave, and leave for marriages and funerals. Overseas factories also strictly adhere to local regulations.202In the past four years, the company has had no incidents of forced labor or forced overtime, nor has it received any complaints, reports or penalties regarding labor relations.

Employee Benefits

▶Pay insurance

The company pays social insurance such as pension, medical, work injury, childbirth, and unemployment for its employees in accordance with local laws and regulations at home and abroad.

▶Distribute holiday/birthday gifts

Handa Industries is committed to creating a warm and loving corporate culture. During traditional Chinese festivals such as the Dragon Boat Festival, Mid-Autumn Festival, and Spring Festival, the company will carefully prepare holiday gifts and send holiday greetings to all employees. On International Women's Day, not only will the company customize exclusive benefits for female employees, but it will also plan and carry out various themed activities to help female employees shine. At the same time,Every employee will receive birthday gifts and birthday wishes from the company on his birthday..

Handa Industries also prioritizes cultural integration and employee care overseas. Each of our overseas subsidiaries actively integrates into local culture, distributes special gifts to employees, and organizes celebrations on important local holidays, allowing overseas Handa employees to feel the warmth of the corporate family.

▶Provide free working meals

During their working hours, the company provides free meals to employees. In 2024, the Wuxi campus renovated and upgraded the employee cafeteria to enhance the dining experience. This included the introduction of a series of advanced equipment, improved food and environmental management, and a clean, hygienic dining environment for employees to dine in peace and comfort. This demonstrates the company's commitment to employee health and quality of life.

▶Provide housing subsidies

The company prioritizes employee living experience and continuously improves the accommodation environment. Not only are dormitories equipped with basic amenities like air conditioning and private bathrooms, but they also regularly renovate and upgrade their intelligent management systems. Furthermore, housing subsidies are provided to eligible employees to effectively alleviate their housing burden.

▶Veteran Employee Award

Handa Industries regards veteran employees as valuable assets for the company's development. To this end, it has established and continuously improved a veteran employee welfare system, expressing sincere gratitude to veteran employees who have long-term and dedicated service to their posts in an institutionalized and standardized manner.

This system follows standardized and systematic design principles, constructing a tiered honor incentive system with employee tenure as the core dimension. It clearly stipulates that employees with 10, 15, and 20 years of service will be awarded corresponding levels of honorary awards.

▶High temperature subsidies

During the high temperature season in summer, high temperature subsidies are given to front-line employees for four consecutive months. At the same time, heat-preventing and cooling mosquito repellent supplies such as Ren Dan, Fengyoujing, towels, mosquito coils, and floral water are distributed, and refreshing drinks such as salt soda, barley tea, and mung bean soup are provided every day.

Respect for Faith

Adhering to the philosophy of diversity and inclusion, the company prioritizes respecting the religious beliefs and cultural customs of its employees, both domestically and internationally, as a key component of building harmonious labor relations. In its global operations, the company takes practical measures to safeguard employees' freedom of belief.

A Buddhist temple has been set up in the Myanmar factory, equipped with complete facilities to meet the local employees' needs for worship. Prayer rooms have been set up in the Egyptian and Bangladesh factories, and work and prayer times have been reasonably coordinated to help employees participate in religious celebrations with peace of mind.

Democratic management mechanism

Handa Industries prioritizes democratic management, democratic participation, and democratic supervision among its employees. The company established a labor union in June 2004. Under the leadership of the company's general party branch and higher-level labor unions, as well as the strong support of company leaders at all levels, the union conscientiously performs its duties, safeguards employee rights, collaborates with the administration in organizing various employee-oriented activities, and organizes employee participation in external learning and training. This fosters a healthy, positive, and progressive atmosphere for employees, helping them improve their skills and overall quality of life, and enriching their extracurricular cultural life. The union also serves as the "mother family" of the company's employees, attentively listening to their concerns and enthusiastically helping them resolve practical difficulties such as their children's schooling and family employment, alleviating their worries. For employees facing difficulties due to serious illness, or those of their family members, or for other reasons, the union immediately lends a helping hand, providing all possible assistance. The union plays a positive and powerful role in caring for employees, promoting their growth, maintaining a stable workforce, and collaboratively building a new cooperative relationship between the company and its employees in the new era.

Handa Industrieshas established a comprehensive communication and feedback mechanism at all its domestic and overseas branches. The union and employee representatives are free to communicate with employees at any time and in any location, and regularly hold representative meetings. The union chair and employee representatives are elected by employees themselves, and all employees have the right to vote and be elected. All representatives must serve voluntarily. Employees can provide feedback at any time through email, suggestion boxes, text messages, and forums. The union and the company will promptly investigate employee opinions, suggestions, and complaints, formulate corrective measures, and provide feedback to employees to continuously meet their reasonable needs.

202At the beginning of 2014, the company union signed four agreements with the company on behalf of all employees, including the "Wage Collective Bargaining Agreement", the "Labor Safety and Health Agreement", the "Special Rights Protection Agreement for Female Employees", and the "Occupational Disease Prevention and Control Agreement". At the end of the year, the implementation of the four agreements was reviewed and no violations were found.

Staff Forum

On the occasion of the 10th anniversary of the establishment of the Myanmar factory, the Myanmar Garment Department held an employee symposium to pay tribute to the contributions of veteran employees to the company's development in Myanmar over the past decade. Employees shared their growth stories from grassroots to management and put forward suggestions on production efficiency, employee training, localized management, etc. The management promised to follow up and implement them, and use the wisdom of employees to promote the development of the company.

High-Temperature Care

In the hottest days of summer, the Handa Industries Union responded to the call for labor protection in high temperatures. Led by the union chairman, the union went to the front line to express condolences to employees who stayed at their posts in the high temperatures, provided them with cooling supplies such as toiletries, and reminded them to pay attention to the balance between work and rest and self-protection, and thanked them for their dedication.

This activity strengthened the emotional connection between the company and its employees, enhanced team cohesion, and at the same time encouraged employees to enhance their safety awareness and spend a safe summer.