Talent Philosophy

　　“Enterprise development hinges on talent.” For a long time, we have treated the full mobilization of our cadres and employees’ enthusiasm and creativity as a task that runs through every stage of our operations. The company’s top leadership has created favorable conditions for all staff, ensuring that every Hengfeng employee has an excellent platform to showcase their abilities. Many of our internal policies are designed to “enhance employees’ professional expertise and elevate their overall competence.” For instance, we provide thorough pre‑employment training for each new cohort of staff, conduct regular assessments for all current employees, and organize technical competitions and other initiatives to encourage continuous learning, helping workers master specialized knowledge and practical skills. In this way, our cadre and workforce can constantly improve themselves through both learning and management, reduce operational error rates, and produce products that better meet consumer expectations.

　　To maximize the enthusiasm and initiative of all cadres and employees, the company has implemented a competitive mechanism based on the principle of “promoting the capable and demoting the mediocre,” adopting multiple measures to boost staff morale and drive. First, it has established a sound compensation‑distribution system grounded in performance. Employees are appointed through open competition, with pay tied to their contributions, creating a fair allocation framework that prioritizes research and rewards merit. Regardless of seniority or position, all staff are evaluated solely on their contributions, with rigorous assessments of work quality. Second, the company places great emphasis on long-term incentives. It has introduced an annual‑salary system for corporate executives, with total annual compensation comprising a base salary, an annual bonus, and long‑term incentives. The base salary is linked to overall employee income, while the size of the annual bonus and long‑term incentives is determined by the executive’s performance. At the same time, the company is exploring a plan to allocate equity to employees, making them shareholders and active participants in generating and sharing the enterprise’s wealth. This approach strengthens employees’ sense of urgency and pride, fostering a genuine feeling of ownership and enabling them to fully exercise their initiative. Third, the company inspires its workforce through its corporate spirit. The ethos of “unity, tenacity, pragmatism, and innovation” has forged the character of Hengfeng employees, while the work style of “decisions made, commitments kept, and excellence delivered” has galvanized all staff to strive for progress and maintain high levels of motivation and enthusiasm, serving as a guiding benchmark for self‑motivation. Fourth, the company leverages role models to provide powerful inspiration. The management team leads by example, dedicating themselves wholeheartedly to the company’s development and guiding others through exemplary service, thereby motivating all employees to pursue continuous improvement. At the same time, outstanding employees who have made significant contributions receive substantial rewards and are held up as role models, unlocking the full potential of the entire workforce and generating immense value for the enterprise.

　　The company’s growth has boosted the local economy, and its leadership, having achieved prosperity themselves, has remained committed to giving back to society. In recent years, the company has allocated hundreds of thousands of yuan annually to support education and new‑rural development in its hometown, earning a strong reputation in the community. At the same time, the company is dedicated to creating ideal employment opportunities through its new‑project developments, ensuring that ordinary employees, veterans, and persons with disabilities all have the chance to showcase their talents at Hengfeng, thereby fostering a favorable environment where everyone can fully realize their potential and their skills are put to optimal use.