Honor Electronic Triumphs with "Best Employer - Enterprise Development" at the 12th Shenzhen Growth Enterprises Awards

The winners of the "Best Employer" at the 12th Shenzhen Growth Enterprises Awards officially released. Honor Electronic was honored with the "Best Employer - Enterprise Development Award" at the 12th Shenzhen Growth Enterprises Awards, which serves as an endorsement of its management system and innovation-driven development. This accolade not only represents high recognition of Honor Electronic's comprehensive strength but also serves as a testimony to the Company's consistent adherence to a "people-oriented" philosophy.

I. Whole-Cycle Talent Care, Building a Solid Foundation for Employee Growth

The belief that "employees are the core driving force of enterprise development" is thoroughly reflected in Honor Electronic's talent management practices. From the onboarding of new employees to the growth of frontline staff, and from compensation incentives to career development, the Company has established a management system that covers the entire employee lifecycle.

During the onboarding and care phase, the Company provides new employees with comprehensive induction guidance and has created a "micro-consultation model" to address their doubts and key concerns regarding work and life in real-time, helping new members integrate into the team quickly. To enrich employees' cultural life, the Company regularly organizes diverse activities such as badminton and table tennis, which not only enhance their leisure time but also strengthen team cohesion.

Addressing the industry-wide challenge of difficulty in recruiting general workers, the Company innovatively adopts an "employee referral + external recruitment professional" model. This approach broadens recruitment channels by offering referral bonuses and strengthening corporate image promotion. Simultaneously, the Company has created high-quality working and living environments across multiple locations—such as the river-view staff dormitories and standardized basketball courts at the Dongguan factory, and the modern facilities at the Ganzhou factory. These efforts make frontline staff feel the warmth of "home," contributing to high levels of employee stability and satisfaction.

II. Dual-Track Development, Activating Motivation of Talent

Taking the Dongguan manufacturing base as an example, Honor Electronic has established an employee competency certification mechanism centered on "certification for position assignment." Employees must pass job skill assessments to obtain their "work qualification certificate." The Company then evaluates their skill levels based on assessment results and matches them with corresponding skill allowances, achieving an immediate link between competency and compensation.

Building on this, performance is deeply integrated with career development paths. The Company has constructed a dual-track development mechanism for both professional and managerial paths. Frontline employees can not only achieve vertical advancement in skill levels through continuous assessment but also, by continuously refining their work skills, gain opportunities for horizontal mobility across departments or upward promotion to higher-level positions such as multi-skilled workers or line leaders. This truly realizes a virtuous cycle of "capability enhancement → position advancement → value realization."

To fully stimulate employee potential, the Company has implemented various reward methods. On one hand, through professional technical grade evaluations, it tangibly converts employee capability growth into income growth. On the other hand, at the performance level, it has set up special awards such as the "Overproduction Award," "Abnormality Detection Award," and "Zero-Defect Quality Award," which respectively encourage efficiency improvement, quality control, and exceptional quality, comprehensively igniting employees' endogenous motivation on their career development paths.

At the level of incentive mechanisms, Honor Electronic balances short-term and long-term interests. On August 29, 2024, the Company released a draft plan for its 2024 Restricted Stock Incentive Plan, granting restricted stocks to targets including directors, senior management, middle management, and core key employees. At the level of employee care, it implements diversified incentive measures, providing a broad development platform and challenging opportunities to encourage talent to grow together with the Company, thereby achieving effective retention of core personnel.

Being awarded the "Best Employer - Enterprise Development Award" is not only an affirmation of Honor Electronic's achievements in talent development but also serves as a new starting point that inspires us to delve deeper into innovation and cultivate a fertile ground for talent. In the future, Honor Electronic will continue to focus on the forefront of the switching power supply industry, seize the opportunities brought by the transformation of the AI sector, solidify our foundation through technological excellence, drive innovative breakthroughs with talent as the driving force, and create value for our customers while contributing to the industry's development through solid actions.