Integrity Empowers Innovation, Credit Forges Benchmarks—Wofei Permanent Magnet Earns the

Recently, the Anhui Provincial Administration for Market Regulation announced the list of AAA-rated enterprises for "Contract Compliance and Creditworthiness" in 2023-2024. Anhui Wolf Magnetic Technology Co., Ltd. (hereinafter referred to as "Wolf Magnetic Technology") was successfully honored with the AAA-grade title for "Contract Compliance and Creditworthiness" due to its standardized contract management system, exceptional performance in fulfilling obligations, and strong market credit reputation. This industry's highest credit certification was reviewed and evaluated by the Contract Administrative Supervision Expert Committee established by the Anhui Provincial Administration for Market Regulation, marking Wolf Magnetic Technology's comprehensive strength in ethical business practices, compliance management, and social responsibility being highly recognized by all sectors of society. It has set a benchmark for the credit system construction in the permanent magnet transmission industry.

As a national high-tech enterprise and a national "Specialized, Refined, Distinctive, and Innovative" Small Giant Enterprise with over a decade of expertise in permanent magnet transmission and drive technology, Wolf Permanent Magnet Technology has adhered to the core business philosophy of "Building the Enterprise on Integrity, Reaching Far with Trust" since its establishment in 2010, embedding the spirit of contract into every stage of its development. The awarding of the AAA rating is a comprehensive affirmation of the company across four key dimensions: credit status, operational capability, compliance level, and contract performance. The rating results indicate that the company has maintained no adverse credit records in the past three years, achieved a 100% contract fulfillment rate, kept the asset-liability ratio within a reasonable range, and reached "domestic leading" standards in core technologies, with multiple indicators far exceeding the rating requirements.

In terms of contract management system construction, Wofu Permanent Magnet Technology has established a full lifecycle management model covering "pre evaluation, in-process control, and post review". Before signing the contract, establish the "Customer/Supplier Credit Evaluation Standards", comprehensively review qualifications, historical performance records and other multidimensional indicators to avoid cooperation risks; During the performance of the contract, the "Contract Performance Ledger" system is used to achieve joint verification among the legal, business, and financial departments, and an abnormal performance warning mechanism is established to ensure zero omissions of key nodes; After the contract is fulfilled, electronic archiving and regular review optimization will be implemented, and standardized contract templates will be continuously improved to promote the transformation of contract management from "passive compliance" to "active efficiency creation". This systematic management model not only ensures the smooth implementation of more than 3000 application cases in various fields such as electricity, metallurgy, chemical industry, and military industry, but also wins the long-term trust of partners, significantly reducing transaction costs and communication efficiency.

As a science and technology innovation force focused on the development path of "specialization, refinement, uniqueness, and innovation", Wofu Permanent Magnet Technology has always taken the mission of industrial motor energy conservation and the whole society's energy conservation and carbon reduction, deeply integrating honest management with technological innovation. The company has built a 30 acre research and production base in a national high-tech zone, invested tens of millions of yuan to purchase and construct production testing equipment, and its core technology has been selected for the Ministry of Industry and Information Technology's Science and Technology Achievement Database, with an energy-saving rate of 20-50%. It has won multiple awards in the National Innovation and Entrepreneurship Competition and received multiple rounds of strategic investment support. The acquisition of AAA level credit certification this time will further enhance the company's credibility in market cooperation, provide strong support for expanding high-end markets at home and abroad, and deepen industrial chain cooperation. As widely recognized in the industry, the AAA level title is the "golden signboard" for enterprises to participate in market competition, which can effectively accelerate the decision-making process of cooperation, broaden financing channels and development space.

Credit is the passport of a market economy and the core competitiveness of sustainable development for enterprises. Winning the AAA level honor this time is both an encouragement and a responsibility. In the future, Wofu Permanent Magnet will continue to uphold the concept of integrity management, continuously improve its credit management system, and give back to customers and society with higher standards of contract performance ability and higher quality technical product services; At the same time, fully leverage the leading role of benchmarks, drive upstream and downstream enterprises in the industry chain to jointly participate in credit construction, and contribute greater strength to building a fair competition, mutual trust and win-win market environment, promoting the high-quality development of the permanent magnet drive industry and the construction of the social credit system.