The handover ceremony for the Chairman of Zhejiang Company was successfully held at the Group’s headquarters—Group Executive Vice President Luo Yinchang assumed the role of Chairman of Zhejiang Company.
Release Date:
2019-03-18 16:22
2019 On the afternoon of March 13, a handover ceremony for the chairman of Zhejiang Company was held at the Group’s headquarters. The meeting was chaired by Ren Qiliang, President of the Group, and was attended by Group executives, departmental deputy directors and above, the vice-chairman of the trade union, members of the Youth League Committee, and departmental assistants and above from Zhejiang Company.

The meeting commenced with Group President Ren Qiliang reading out the appointment decision issued by the Chairman of Zhejiang Company, which stipulated that Executive Vice President Luo Yinchang would assume the position of Chairman of Zhejiang Company effective immediately.

Immediately afterward, Jiang Jinlong, former Chairman of the Zhejiang Company and currently the Group’s Supervisor-in-Charge, delivered a speech. Mr. Jiang emphasized that, in line with the established policy of strengthening corporate governance, promoting standardized development, and steadily advancing toward the capital markets, the Group has undertaken this round of personnel adjustments. He expressed his firm support for this decision. Furthermore, Mr. Jiang summarized his key achievements during his tenure at the Zhejiang Company, highlighting improvements in refining internal rules and regulations, prioritizing the development of a professional management team, and actively transforming the project‑acceptance model. He also expressed his hope that, going forward, the Zhejiang Company will make concerted efforts to strike a balance between enhancing workshop capacity and fulfilling sales orders; stabilize frontline production staff while upgrading their skills; strengthen the marketing team’s ability to secure contracts; accelerate the implementation of a performance‑evaluation system for engineering projects; and pursue comprehensive cost reductions, efficiency gains, and enhanced managerial capabilities. In closing, he extended his best wishes and looked forward to the new Chairman leading the Zhejiang Company to even greater success.

Following this, Luo Yinchang, the newly appointed Chairman of Zhejiang Company, delivered a statement. Mr. Luo began by expressing his gratitude for the Group’s trust and for the support and assistance he has received from his colleagues over the years. He noted that assuming the role of Chairman of Zhejiang Company is both an honor and a significant responsibility, with challenging tasks ahead. Nevertheless, he remains confident, citing the strong foundation laid by President Jiang, the proactive management team led by President Hua, and the dedicated efforts of all employees, as well as the promising prospects of the steel‑structure industry. Mr. Luo emphasized that Yuegong has weathered market fluctuations and endured many trials over its 27-year history. Moving forward, he pledged to fulfill his duties conscientiously, drawing on thorough research and collaboration with all stakeholders. He will work to seamlessly integrate and leverage the resources of both the Zhejiang and Shandong companies, benchmark against leading enterprises, and drive continuous innovation. Upholding the corporate spirit of “passion, vision, harmony, meticulousness, cooperation, and proactiveness,” he called for unity, determination, and resilience in tackling challenges, striving to meet the Group’s targets, rolling up sleeves to deliver results, creating value for customers, delivering benefits to employees, and generating returns for shareholders.

At the meeting, Hua Yuwu, General Manager of the Zhejiang Company, also delivered a statement. He expressed his respect for and full support of the Group’s decision, extended his sincere gratitude to President Jiang for six years of leadership and guidance of the Zhejiang Company and its management team, and warmly welcomed President Luo as he leads the Zhejiang Company toward even greater success.

At the conclusion of the meeting, Group President Ren Qiliang delivered an important address. President Ren began by fully commending General Manager Jiang for his outstanding contributions during his tenure as Chairman of the Zhejiang Company, particularly for playing a pivotal role in guiding the company from a period of significant operational challenges to a trajectory of stable growth. He emphasized that this round of senior‑level personnel adjustments is aimed at integrating core competencies and facilitating resource sharing within the steel‑structure business, with the goal of optimizing the allocation of managerial resources, building a leadership team capable of meeting the demands of Yuegong’s future development, enhancing corporate governance, ensuring the successful achievement of established objectives, fostering more sustainable growth, and creating new milestones of success. In closing, President Ren set forth clear expectations for all managers, stating: “The management team must lead by example, maintain rigorous self‑discipline, unite as one, strive for excellence, and govern with unwavering dedication. We must focus all our efforts on the company’s development, steer it through the hidden reefs and treacherous waters ahead, and remain accountable to both the Supervisory Board and all employees.”

During the handover ceremony for the chairman of the Zhejiang company, the Group Office took the lead in organizing a visit to the Wolong Group in Shangyu to study its advanced on-site manufacturing management practices.
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