Social
Supply chain management
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As a leading auto components manufacturer, Minth Group recognize that a sustainable and resilient supply chain is fundamental to our business. To accomplish a systematic and standardized management of the supply chain, the Group has formulated a comprehensive set of management mechanism, including the “Supplier Development and Management Manual”,“Guidelines for New Supplier Entry Management”, etc., which provides structured guidance for supplier entry, performance assessment, and management of the Group's business operations. Furthermore, the Group applies a holistic management approach covering supplier admission, performance evaluation and risk control for social responsibility. In the "Code of Conduct for Suppliers of Minth Group", the Group requires suppliers to not only respect human rights and uphold labor rights and occupational health and safety, but also actively protect the environment, collect GHG data and eliminate any use of conflict minerals.Learn More
Quality Management
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Minth Group prioritizes quality as pillar of customer trust and operational safeguards. In order to enhance product quality management, the Group has developed "Product Release Management Procedures" and "Product Safety Management Guidelines" for product quality and safety control. Also, the Group closely complies with the laws and regulations of several countries pertaining to quality management. All factories of Group have adopted quality enhancement initiatives in its product development process and have optimized the whole life cycle from product early-stage risk mitigation, planning, and control to mass production and after-sale so as to ensure the risk control and integrity of system processes. In 2024, all factories with over one year of mass production have achieved 100% certification under the IATF 16949 Automotive Quality Management System.Learn More
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Human Rights, Labor Practices team
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Protecting employee rights and interests
Based on various international conventions,including the labour laws of different countries,the International Bill of Human Rights, the Eight Core Conventions of the International LabourOrganization, and the United Nations GuidingPrinciples on Business and Human Rights,Minth Group has established policies andsystems such as the Minth Group Recruitmentand Selection Policy. In 2023, the SalaryPolicy and Welfare Policy were updated. Minth Group adheres to a corporate culture that LOVE-(high standards and cares) for its employees and upholds the principle of people oriented management. The Group continuously improves its human resources management policies and establishes advancedcompensation and benefits systems to support employees' career development. At the same time, the Group is committed to creating apositive working atmosphere to enhance employees' sense of belonging and working together for the company's development. -
Labor Standards
Minth Group prohibits all forms of forced labour, and prohibits the use of child labour and all forms of slavery according to policies such as Minth Group Recruitment and Selection Policy. The Group also prohibits compelled working, debt bondage, serfdom, and prison labour.
In 2023, Minth Group's Recruitment and Selection Policy on the Prohibition of Child Labour and Anti-slavery and Human Trafficking Supplementary Provisions, formulated in accordance with the Labour Law of the People's Republic of China, the Provisions on the Prohibition of Child Labour and the Regulations on Labour Protection in Workplaces where Toxic Substances are introduced. This policy explicitly states that the company prohibits the exploitation and abuse of employees, prevents illegal recruitment, transportation, transfer, and profiting from threats of violence against individuals. -
Trade unions and collective agreements
To guarantee the rights and welfare of employees, Minth Group maximizes the flexibility for employees to join labour unions. Any formal employee working in the Group, regardless of ethnicity, gender, occupation, age, religious beliefs, or educational level, can join the union as a member if they acknowledge the union's charter. At the same time, Minth Group has formulated the Labour Union Representative Election Procedures and Responsibilities and actively promotes the democratic election of union representatives by employees to enhance communication between the union and management. To further strengthen social responsibility and employee freedoms, Minth Group has established the Labour Union Collective Bargaining Agreement to promote union negotiations and communication to safeguard employee rights and interests. The agreement covers various unit factories in China, Mexico, and Germany. As of the end of the Reporting Period, Minth's Group has established labour unions in major units and sites worldwide, with a total of 17,799 union participants who have also signed the Labour Union Collective Bargaining Agreement, accounting for 80% of the total number of employees. The trade union-related system is currently being set up and will continue to improve the participation rate of union members. -
Salary system
At different units worldwide, Minth Group has developed the Minth Group Compensation Policy based on principles and elements such as fairness, pay mix ratio, salary transparency, reasonable benefits, legal compliance, and a combination of short-term and long-term incentives. The Minth Group Compensation Policy ensures that employee salaries are determined by considering factors such as job content, responsibilities, contributions, knowledge, skills, communication, and innovation, establishing a clear position system to ensure fair compensation for employees in different positions within the same organization. Minth Group has developed the Minth Group Short-Term Incentive Policy, Share Option Schemes and the Share Award Scheme.
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Talent Creativity
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Global Employee Training
One of Minth's core objectives is to provide employees with opportunities for training and development. We are guided by their actual needs, performance improvement, future career advancement, and overall skill enhancement to help them fully unleash their business potential. In 2023, total training time attended by employees of Minth Group globally is 1,895,776 hours.
Minth Group's training system provides employees with three main training approaches, including internal training, external training, and online training through Minth University.
Internal Training: Various training courses are organized within the company, with categories including new employee onboarding training, professional skills training, general skills training, and management skills training.
External Training: Employees can directly apply for or be selected to attend short term courses offered by external management consulting firms or other professional training institutions. These courses include various short-term training programmes and networking events organized by external training institutions.
Minth University: Minth University is an exclusive online learning platform provided by the company for internal employees. Employees can access the platform through both web and mobile applications to engage in learning and take exams. The platform offers courses in various categories, including subject-specific courses, leadership development courses, professional courses, manufacturing and technology courses, and humanities courses. -
Career Development/Talent Development
Minth Group has developed the Employee Promotion Policy with the aim of providing a mechanism that promotes and activates talent development and personnel mobility, creating an atmosphere for employees to challenge themselves and fostering a culture where everyone can contribute their talents to the Group, allowing employees' abilities to be recognised and rewarded. To increase the reserve of high-quality strategic talents, Minth Group has established different development and promotion systems for professional technical talents and management talents.
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Fairness and Cross Culture
Minth Group strictly adheres to the principles of 'openness, fairness, and impartiality' and firmly opposes all forms of discrimination and harassment. To further ensure a favourable employment environment for employees, Minth Group addresses workplace discrimination and sexual harassment starting from policies and procedures. The Minth Group Reward and Punishment Management Measures explicitly states that no one shall engage in behaviour, such as making sexual innuendo or gestures towards others, using verbal abuse, malicious attacks, or false accusations, inflicting violence on colleagues, causing significant insults or threats, or causing mental or physical harm to others that violates national laws. The company incorporates training on anti-discrimination and anti-harassment in the onboarding training for new employees. We have established a hotline for reporting discrimination and harassment. In addition, we have set up the Office for Equality and Inclusion in Minth Germany, which investigates complaints and ensures workplace equality and inclusiveness.
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Fair Recruitment
Minth Group upholds open, fair and impartial principles, regardless of race, colour, religion, age and gender to implement equal employment opportunities in the course of recruitment selection. During the Reporting Period, Minth Group had 32.2% female employees and had 19.2% female members out of the management. During the Reporting Period, Minth Group has total of 54 employees with disabilities.
To further promote inclusivity and diversity, Minth Group has issued the Globalisation Behaviour Principal Action Commitment. This commitment outlines the behaviour guidelines that employees must adhere to during communication, whether it is through one-on-one interactions, meetings, emails, or interactions between superiors and subordinates, in the context of the global expansion and development of Minth Group. The commitment also elaborates on the work processes and approach to problem-solving that should be followed when engaging in cross-border and cross-department projects.
During the Reporting Period, Minth Group demonstrated respect for the cultures and traditions of various countries by organizing festive celebrations at multiple operational sites worldwide. These events aimed to enhance communication and integration among employees from diverse cultural backgrounds. In addition to traditional festivals and cultural exchanges, we actively organised environment and health related activities to raise awareness and encourage employee participation in climate, environmental and health protection.
Global employee ratio and gender composition
| Statistical category | Number of people in 2023 | |
|---|---|---|
| Gender | Total number of male employees | 15,127 |
| Total number of female employees | 7,184 | |
| Age | Total number of employees under and equal to 29 years old | 5,489 |
| Total number of employees aged 30 or above and under 40 years old | 11,847 | |
| Total number of employees aged 40 or above and under 50 years old | ||
| Total number of employees aged 50 and above | 803 | |
| Area | Asia (China, Thailand, Japan, South Korea) | 17,073 |
| Americas (United States, Mexico, Canada) | 2,385 | |
| Europe (Germany, UK, Serbia, Czech Republic, France, Poland) | 2,853 | |
| Employment Type | Professional | 3,012 |
| Technician | 4,172 | |
| Manager | 1,116 | |
| Operatives | 14,011 | |
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Localized employment
To further promote inclusivity and diversity, Minth Group has issued the Globalisation Behaviour Principal Action Commitment. This commitment outlines the behaviour guidelines that employees must adhere to during communication, whether it is through one-on-one interactions, meetings, emails, or interactions between superiors and subordinates, in the context of the global expansion and development of Minth Group. The commitment also elaborates on the work processes and approach to problem-solving that should be followed when engaging in cross-border and cross-department projects.
During the Reporting Period, Minth Group demonstrated respect for the cultures and traditions of various countries by organizing festive celebrations at multiple operational sites worldwide. These events aimed to enhance communication and integration among employees from diverse cultural backgrounds. In addition to traditional festivals and cultural exchanges, we actively organised environment and health related activities to raise awareness and encourage employee participation in climate, environmental and health protection.
Minth’s Social Responsibility Philosophy
Minth Group has dedicated into social philosophy through the Zhejiang Minth Foundation over 20 years.The foundation continuously advances the systematic management of global public welfare projects, focusing on three key areas: eco-friendly initiatives, educational empowerment, and rural revitalization. It also addresses two critical issues: support for vulnerable groups and emergency disaster relief. Through Minth Group’s global presence and social collaborations, the foundation empowers innovative public welfare initiatives and explores new models of corporate philanthropy for sustainable development. The foundation strives towards the goal of "shared prosperity for people, industry, and society," promoting the mutual integration and promotion of high-quality corporate development and sustainable social progress.
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December 18, 2023
Donation of 1 Million RMB to Support Gansu's Earthquake Relief and Post-Disaster ReconstructionRead story -
April 20, 2024
Earth Party – Green and Sustainable LifestyleRead story -
August 17, 2024
Youth Building Dreams, Together with SerbiaRead story -
May 4, 2024
Minth Group’s Representatives Visit Pearl Students at Tiandong Middle School in GuangxiRead story