Tainergy Tech Co., Ltd.

The company, being subject to the Labor Standards Act, has always valued harmonious labor relations. Regular labor-management meetings are held, and all operations comply with the Labor Standards Act. The company maintains a positive and harmonious labor-management relationship.

In accordance with relevant laws and regulations, the company allocates funds for employee benefits and establishes an Employee Welfare Committee to plan, oversee, and implement employee welfare measures. These include annual trips, departmental gatherings, festival vouchers (or cash), year-end bonuses, and regular movie tickets. Additionally, subsidies are provided for marriage, bereavement, hospitalization, and childbirth to support employees' lives. Besides statutory labor and health insurance, the company also offers group medical and accident insurance to provide greater security for employees.

To help new employees adapt quickly, pre-employment training is provided with job-specific courses. Department colleagues assist newcomers in understanding the company’s industrial positioning and future development direction. For on-the-job training, departments arrange internal training as needed, ensuring employees receive updates on professional skills. Through technical seminars, employees enhance their process and R&D capabilities. The company also arranges professional training courses through consulting firms, training institutions, or government and industrial organizations to elevate employees’ professional qualifications.

Implementation Details:

1.Stabilizing Post-Retirement Life:

• The company has established a retirement system as per law and formed a Retirement Fund Supervisory Committee. Monthly contributions equal to 2% of the total salary expenses are allocated to a special account at the Central Trust of China to secure employee rights.

2.Dual Scheme Since July 1, 2005:

• Contributions amounting to 6% of employees' salaries are deposited into their individual retirement accounts under the new scheme. Employees who voluntarily contribute additional amounts have these deducted and deposited into their accounts at the Bureau of Labor Insurance.

(1)Retirement Eligibility:

1. Voluntary Retirement:
   Employees may voluntarily retire under the following conditions:

   • At least 15 years of service and aged 55 or above.
   • At least 25 years of service.
   • At least 10 years of service and aged 60 or above.

2. (2)Mandatory Retirement:
   The company may mandate retirement only under the following circumstances:

   • Employee reaches 65 years of age.
   • Employee is mentally or physically incapacitated for work.

(3)Pension Standards:

• Pension amounts are calculated based on the years of service under the Labor Standards Act and/or the Labor Pension Act. Additional provisions apply for employees retiring due to work-related disabilities.

(4)Pension Payment:

• Retirement pensions are paid within 30 days from the date of the employee's retirement.

The company places high importance on smooth communication channels between labor and management. Semi-annual employee satisfaction surveys are conducted to address employee concerns and devise improvement plans. The company maintains harmonious labor relations.

• Safety and Health Policies:

  • A "Work Safety and Health Guidelines" manual is in place to prevent occupational hazards and ensure employee safety. Employees must wear helmets in the workplace, and items must be stored neatly to create a safe, healthy, and friendly work environment.

• Training and Drills:

  • Regular safety and health education, promotional activities, and drills are conducted to enhance employees’ safety awareness, skills, and emergency response capabilities.

• Health Checkups:

  • Annual health checkups and workplace health promotion activities are organized to care for employees’ physical and mental well-being.

• Access Control:

  • Security systems, including access controls and surveillance, ensure a safe work environment. A professional security company provides 24-hour guards at the facility’s entrance for vehicle, personnel, and property management.

• Equipment Maintenance:

  • Regular inspections and maintenance of high- and low-voltage electrical equipment, air conditioning systems, water dispensers, and fire safety equipment are conducted annually to ensure operational safety.