Recently, the company successfully passed the assessment and evaluation of harmonious labor relations in Zibo City by four departments, including the Zibo Human Resources and Social Security Bureau, the Zibo Federation of Trade Unions, the Zibo Enterprise Federation/Entrepreneur Association, and the Zibo Federation of Industry and Commerce. It was rated as a model enterprise for harmonious labor relations in Zibo City.

Since its establishment, the company has deeply implemented laws and regulations such as the Labor Law, Labor Contract Law, and Trade Union Law, fully played the basic function and "bridge and link" role of trade unions in safeguarding the legitimate rights and interests of employees, worked hard to strengthen institutional construction, continuously improved the company's management level, established harmonious labor relations, and promoted the development of various work in the enterprise. The enterprise has won many honors such as "exemplary organization of Zibo Honest Enterprise", "Municipal Contract abiding and Credible Enterprise", "Enterprise with Harmonious Labor Relations", and "exemplary organization of Trade Union Work".

Strengthen employment management and build harmonious labor relations

Establishing harmonious and stable labor relations is not only an important part of building a harmonious society, but also the foundation and prerequisite for building a harmonious society. The company always remembers that "the interests of the people are of paramount importance" and regulates employment in accordance with the law.

Fully implement the Labor Law and the Labor Contract Law, implement the company's full staff contract system, and standardize employment. The signing rate of employee labor contracts is 100%; Strictly follow the prescribed procedures when signing, changing, renewing, terminating, or terminating contracts. The employee turnover rate is below 2%, and they have received government stable job return subsidies for consecutive years. The workforce is extremely stable.

Establish a sound system for salary and benefit distribution and performance evaluation. The company moderately adjusts the salary level of employees every year based on production and operation conditions, and establishes a collective wage negotiation system and performance evaluation system, forming a distribution system that combines wage growth benefits and individual performance. The salary steadily increases, ensuring the income of employees. According to the company's Salary Management Regulations, salaries are paid on the 15th of each month. For over a decade, the company has paid salaries in full and on time without any arrears.

All employees are insured, ensuring that all necessary insurance is covered. The company pays social insurance premiums for all employees, with a 100% employee participation rate. Every year, the social security contribution base of each individual is adjusted based on the social security base issued by the human resources and social security department and the previous year's income of the company's employees, and various social insurance premiums are paid in full and on time.

Standardize the employee vacation system and ensure their right to rest. The company has formulated the "Leave Management Regulations", "Annual Leave Management Regulations", and "Overtime Management Regulations" in accordance with relevant national regulations. For personnel who cannot take annual leave or work overtime due to production needs, the company provides certain subsidies to protect their right to rest and safeguard their legitimate rights and interests.

Strengthening democratic management and promoting harmonious development of enterprises

Since its establishment, the company has always regarded the establishment and improvement of trade union organizations as an important means of building harmonious labor relations. It has established and improved internal trade union organizations such as the Workers' Congress and the Women's Workers Committee, and regularly holds worker representative meetings. Adhere to improving the democratic management and supervision system of employees, promote the transparency of factory affairs, let employees know, let employees discuss matters, and let employees supervise. The democratic evaluation of leadership cadres by employees was carried out in the company, and the results were satisfactory to the cadres and the masses. The trade union has signed special contracts with the administrative department, such as collective contracts, special collective agreements for the special rights and interests of female employees, and collective agreements on enterprise wages, which involve the vital interests of employees, in order to safeguard their legitimate rights and interests.

Simultaneously utilizing promotional columns, company newsletters, and holding symposiums to implement multi-channel and multi-level factory management transparency. Announce the business situation, task completion, development planning, decision-making on major issues, employee pension insurance, salary and benefits, and various expenses related to the vital interests of employees every quarter, so that all employees have a clear understanding and can fully mobilize their enthusiasm.

Strengthen integrity construction and become a law-abiding and trustworthy enterprise

The company vigorously practices the social responsibility concept of "creating value and harmonious development", and takes the construction of "responsible Lingzhi Rare Earth" as the foothold of the company's development. It actively explores the deepening of comprehensive responsibility management and the implementation of characteristic performance. We always advocate the business philosophy of "honest labor and honest operation", with the mission of "helping more customers improve product quality", rewarding customers with high-quality products, winning the market, and gaining profits. Focusing on compliance, performance, and quality, we will carry out integrity and ethical construction, strengthen internal control management, comply with laws and regulations, and pay taxes in accordance with the law. For many consecutive years, it has been awarded honorary titles such as "Paying taxes in accordance with the law, benefiting the country and the people", "Top 100 Taxpaying Enterprises", and "Integrity Enterprise of Zibo City" by the State Taxation Bureau of Zibo City. In 2019, it was rated as a national AAA credit enterprise in the rare earth industry in China for its credit rating evaluation.

Strengthen employee care and build a harmonious enterprise

The company has established a "Assistance Foundation" to improve the dynamic management mechanism for assisting disadvantaged workers, implement assistance and relief work, and distribute assistance funds of over 60000 yuan annually. Carry out occupational health management for employees, organize free occupational health examinations for frontline workers, gynecological examinations for female workers, and health examinations for management logistics personnel every year, so that employees can maintain a relaxed mental state in addition to their busy work, which is beneficial for them to work with peace of mind.

The company focuses on improving the working environment for its employees. With the development of the enterprise, the company invested tens of millions of yuan last year to purchase equipment, increase ventilation, dust removal, and chemical odor control in the workshop. The working environment in the workshop has greatly improved.

Establish a labor legal supervision and labor dispute mediation committee in the company's trade union, and through various forms such as employee symposiums, deeply understand the difficulties and problems that employees face in their work and life, especially in the performance of labor contracts. Identify any signs and communicate in a timely manner to resolve conflicts in their early stages and prevent them from escalating. Effectively prevent collective petitions of employees and major unexpected group incidents.

Emphasize talent development and promote sustainable development of enterprises

The company boldly implements the talent strong enterprise strategy and scientifically plans the personnel and talent work of the enterprise. Based on our own development and changes in talent demand, we aim to seize the high ground of talent introduction and systematically recruit college and vocational school graduates through various recruitment forms such as campus recruitment and online recruitment. We aim to achieve a dynamic and continuous flow from the source, continuously ensuring the company's talent metabolism and development needs. We have established talent cooperation partners with multiple colleges and universities, including Inner Mongolia University of Science and Technology and Qingdao University of Chemical Technology.

In terms of education, the company fully explores internal human resources and improves the overall quality of employees through various trainings. Encourage employees to self learn and excel in their positions, and advocate for continuing education to strive to improve their cultural literacy and technical level. For fresh college graduates, the company adopts a "mentor system" for training, signs a mentor apprenticeship agreement, and ensures their early success in professional skills or management.

In terms of employment, adhering to the principle of "combining morality and talent", we take ability and performance as the main criteria for measuring talent, establish a talent management concept of "capable above, average below, and mediocre below", create a corporate talent culture atmosphere that emphasizes practice, ability, and innovation, and establish a dual career path of management and technology.

Improve the constraint and incentive mechanism, and manage and assess talents. The company continuously improves the year-end performance evaluation and reward system for employees. Establish a management method for competition among company management cadres, encourage technological innovation among technical talents, carry out employee self improvement activities, and enhance employee vocational skills. The company has launched a reward system for technological innovation and invention, with an annual reward fund of 500000 yuan allocated to reward research and innovation talents for this year.

Established two career paths for employee promotion. Implement a cadre qualification system and a three-year term system for management personnel, and implement a last place elimination system. For frontline production and professional technical employees, emphasis is placed on cultivating and improving their operational skills and technical level, guiding them to obtain corresponding occupational and technical qualifications, and through technical promotion, the company evaluates and hires corresponding professional and technical positions. At present, the certification rate of entry-level and intermediate workers in the production line is over 90%. More than 20 professional and technical personnel have been hired as technicians and assistant engineers, improving their remuneration and enabling them to better serve the company.

Strengthen safety and environmental protection management to ensure smooth operation of enterprises

For many years, the company has tightly guarded the "two lifelines" of safety and environmental protection, and the alarm bell has been ringing without slacking off. Every year, the labor union, together with the company's administrative department, signs safety production responsibility agreements at all levels in various units and departments of the company. Be responsible at every level, and everyone is responsible. Continuously strengthen the construction of a dual prevention system, strengthen the safety management of outsourced construction teams and special operations, and enhance employee safety management and training. Conducted "big learning, big training, big exams" activities throughout the company; The safety awareness of employees has been further improved; Safety management personnel regularly participate in safety training organized by the city, and are qualified and certified to work. Strict leadership on duty system and hierarchical management of safety and environmental protection. According to regulations, necessary labor protection equipment should be provided to employees in a timely manner, and accident hazards should be investigated through 6S inspections every month. In recent years, there have been no company level safety accidents, environmental accidents, or occupational hazard accidents.