Strengthening Confidence, Unleashing Potential, and Accelerating Efforts in the Fourth Quarter — Yuegong Group Holds Its 2018 Third-Quarter Economic Performance Review Meeting
Release Date:
2018-10-23 15:55
2018 year 10 month 12 In the morning, the group company 2018 The third-quarter economic performance analysis meeting was held in the third-floor conference room of the Group’s office building. Attendees included Group executives Ren Qiliang, Jiang Jinlong, Luo Yinchang, Jin Fei, Tang Genmei, Hua Yuwu, and Zhang Guosheng; heads of all Group departments; chairpersons and general managers of each subsidiary; the Vice Chairman of the Group Trade Union; and the Safety Officer. The meeting was chaired by Group President Ren Qiliang.
In accordance with the meeting agenda, each company and department reported on and exchanged views regarding their performance in achieving targets for the first three quarters of this year, their projections for the full-year attainment of key economic indicators, and the measures they are implementing to sprint toward the year-end goals in the fourth quarter. The Green Building Department of the Zhejiang Company delivered a special briefing on the progress of Yuegong’s green building initiatives and the plans for the next phase of work.
At the meeting, the following documents were also distributed in written form: the “Draft Regulations on Reporting Safety and Quality Accidents of Yuegong Group,” explanatory notes on revisions to the “Regulations on Accountability for Safety and Quality Accidents of Yuegong Group,” the “Draft Regulations on Safety and Quality Management for Steel Structure Projects of Yuegong Group,” and the “Draft Measures for the Administration of Qualification Authorization at Zhejiang Yuegong Steel Structure Co., Ltd.” Participants were invited to further deliberate and refine these documents after the meeting. Jiang Jinlong, Executive Vice President of the Group and Chairman of the Zhejiang Company, articulated his expectations and requirements for the company’s marketing efforts and for Yuegong Green Construction. He urged the Zhejiang Company to squarely confront the harsh realities of declining contract values, insufficient order intake, low in‑house production rates, and overall progress lagging behind both the Group’s annual targets and those of its peer units. In the fourth quarter, he emphasized the need to firmly focus on marketing as the central priority, making every possible effort to expand markets and secure new contracts. He also stressed the importance of properly managing the relationship between the Marketing Department and the Engineering Department—clarifying the marketing roadmap while ensuring close collaboration and mutual reinforcement to ensure the smooth completion of all projects. Furthermore, he called for the swift formulation and implementation of effective measures to attract and win more orders; for consolidating and strengthening the project management team by recruiting top‑tier project managers; and for bolstering the marketing workforce, including performance evaluations for sales personnel, fostering a unified marketing ethos, and cultivating professional qualities such as proactive outreach, vigorous marketing, and dedicated commitment to one’s work. Finally, he urged enhancing the manufacturing department’s in‑house production capacity by recruiting and training a cadre of highly skilled frontline workers, establishing an independent heavy‑steel production line, and doing everything possible to increase self‑produced output.
Regarding the research, development, and promotion of Yuegong Green’s prefabricated building solutions, General Manager Jiang instructed that a thorough review of the preliminary work be conducted, with a careful reassessment. Emphasis should be placed on economic considerations, with close attention to costs and market acceptance. Leveraging our existing patented technologies and experimental data, we should strive to attract strategic partners and jointly advance the R&D and commercialization of Yuegong Green’s green building products. In addition, the Group’s Vice President and Chairman of the Machinery Company provided further details on the company’s tiered management approach to workplace safety, including the establishment of workshop safety checklists and a regular inspection regime, which resonated strongly with the attendees.
At the conclusion of the meeting, Group President Ren Qiliang delivered a summarizing address. He highlighted the achievements of the third quarter by emphasizing five “major” initiatives: launching large-scale collaboration, securing major projects, forging broad partnerships, implementing comprehensive transformations, and organizing significant events. At the same time, he identified two “major” areas requiring improvement—substantial gaps in our targets and serious safety incidents. President Ren pointed out that despite the numerous challenges we face, there remains considerable potential if we look ahead and focus inward. By bolstering our confidence and tapping into our latent strengths, we can still make substantial progress toward achieving our annual goals. Looking ahead to the fourth quarter, he outlined four key priorities: first, with the successful completion of the Shaoxing Hotel project and the momentum generated by our Shandong company’s hundred-million‑yuan order, we will intensify our efforts to sprint through the final three months, striving to meet or even exceed our year‑end objectives. Specifically, he emphasized the following actions: 1. **Strengthen Core Initiatives:** Continue to drive double-digit growth in both orders and production, thereby consolidating the favorable trend we have maintained since the beginning of the year. Regarding accounts receivable, we must promptly devise strategies, assign clear responsibilities, and initiate timely collection efforts. Furthermore, we should redouble our commitment to the “Innovation and Excellence” campaign during the fourth quarter, setting higher standards and expectations. We must also carefully plan for year‑end and early‑year activities, laying a solid foundation for a strong start to next year’s operations. In particular, we should begin early preparations for our annual conference, aiming to ensure each successive year brings even greater success. Finally, we must place utmost importance on safety and maintain unwavering vigilance. 2. **Focus on Internal Improvements:** Turn our attention inward and diligently address several tailored tasks. He called upon all colleagues to… All companies and departments, in addition to performing routine, standard tasks, should also identify and address our weak areas, tackle the issues that have drawn significant attention, and respond to the new circumstances and requirements that have emerged. By implementing tailored initiatives to resolve these specific challenges, we can further enhance our management capabilities, boost operational efficiency, and improve production performance.
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