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2026.05.12 Company News
Party Building Leads Cohesion · Democratic Governance Writes a New Chapter | Wolfer Permanent Magnet Successfully Convenes the First Staff Congress, and Democratic Election Ushers in a New Chapter of Corporate Governance

Amid the new era wave of high-quality enterprise development led by Party building, primary-level Party organizations play an important role in setting the direction, managing the overall situation, and ensuring implementation. Anhui Wofu Permanent Magnet Technology Co., Ltd. has actively responded to the Party's call. Under the careful guidance of the community Party organization, it adheres to the in-depth integration of Party building leadership and enterprise democratic autonomy, blazing a distinctive path for enterprise development. To further improve the enterprise democratic management system and safeguard the legitimate rights and interests of employees, the company successfully held the First Staff Representative Election Meeting on March 27 and convened the First Staff Congress on April 2. Through forms such as democratic election and open voting, the congress fully practiced the concept of enterprise democratic management and pooled consensus for the high-quality development of the enterprise. It is not only a vivid practice of the enterprise improving its governance structure, but also a fruitful achievement of enterprise democratic autonomy under the leadership of Party building, injecting strong political impetus into the sustainable development of the enterprise.

Democratic Election: Full Participation, Fairness and Transparency

On March 27, presided over by Zhou Yun, Secretary of the Party Branch of Wofu Permanent Magnet, the company's First Staff Representative Election Meeting officially commenced. Zhou Yun first read out the election rules and procedures, emphasizing the fairness and standardization of the election. All staff from various workshops and departments participated in the election by secret ballot, and a new group of staff representatives was finally elected. To ensure the openness and transparency of the election results, the company publicized the list of elected representatives for three working days to accept supervision from all employees.

Convocation of the Staff Congress: Discussing Development Together and Forging Consensus

On April 2nd, the First Staff Congress was officially convened. At the meeting, Zhou Yun announced the list of staff representatives and gave a detailed explanation to all representatives on the company's newly revised rules and regulations as well as policy documents. The participating representatives held in-depth discussions on topics including salary and benefits, employee care, attendance regulations, confidentiality rules, performance appraisal, and sales commission, and actively put forward suggestions and opinions. During the voting session, the representatives reviewed the revised contents. For some clauses with objections raised, Zhou Yun recorded them on the spot and promised to organize special discussions after the meeting, with the finalized official documents to be publicized again subsequently.

Party Building Leadership: Synchronized Development of Democratic Management and Enterprise Growth

The successful convening of this Staff Congress marks an important practice for Wofu Permanent Magnet to deepen democratic management and build harmonious labor relations. Zhou Yun, Secretary of the Party Branch, stated: "Employees are the core driving force for enterprise development. Through the platform of the Staff Congress, we fully listen to employees' opinions, make institutional revisions more aligned with practical needs, and truly realize that 'the fruits of development are shared by all employees'." By deeply integrating Party building leadership with corporate governance, Wofu Permanent Magnet will continue to improve the Staff Congress system, smooth the channels for employees to express their demands, and inject strong impetus into the high-quality development of the enterprise in the future.