Recruitment and Management

1. Cadre management

In order to improve the leadership of internal staff and enhance management efficiency, we have established a well-organized cadre management system and set up a cadre management committee, which operates strictly according to the Group's regulations such as Administrative Measures for Cadre Management, Operation Guidelines for Cadre Selection and Operation Guidelines for Cadre Supervision.

The cadre management committee carries out cadre recommendation, review, appointment, as well as staff grading and performance appraisal, incentives, organizational adjustment and other related work; through collective decision-making to ensure the objectivity and comprehensiveness of important human resources work, and improve the quality of decision-making.

2. Equal and diversified recruitment

We abide by the human rights regulations under the Company Law of the PRC, the Labor Law of the PRC, the "Temporary Regulations on Labor Dispatch" and etc., and adhere to the principle of fairness and impartiality in the appointment of talents, without differentiation on the basis of gender, age, ethnicity, faith, race and other factors, to protect the legitimate rights and interests of employees. As at 31 December 2021, the number of employees* of the Group was 11,099.

*The number of CIFI ES-Service's employees is not included.

3. Employee rights protection

The Group has formulated the Administrative Measures for Labor Employment to regulate the management of employment (including regular employees, seconded employees, interns and reappointed retirees) and to develop a harmonious labor employment relationship. The Overtime Management System specifies the regulations on overtime compensation, overtime pay and calculation of overtime hours to protect the legitimate rights and interests of employees and the Group and to improve the Group's employment management system.

The Group prohibits the use of child labor or forced labor and strictly complies with the Regulations on the Prohibition of Child Labor of the PRC and the requirements of the International Labor Standards to ensure that new employees meet the statutory labor requirements. The Group does not allow any form of discrimination and adhere to the employment criteria based on the comprehensive ability of individuals and the principle of fair and equitable treatment of employees of different ages, genders, faith, family situations and races, etc., and strives to establish an open, diversified, equal and inclusive working atmosphere.