On March 28, Zhejiang Yuegong held an on-site audit meeting for the “AAA Contract‑Abiding and Credit‑worthy Enterprise” designation in its third‑floor conference room. A seven‑member review team, led by Deputy Director Jin Pingjun of Donghu Subdistrict in Yuecheng District, Shaoxing City, and headed by Director Lou Xiadong of the Donghu Market Supervision Administration, conducted a field inspection of the company’s compliance with contract‑abiding and credit‑worthiness standards. The group was accompanied by Chen Bailiang, Chairman of the Group’s Board of Directors; Hua Yuwu, Vice President of the Group and General Manager of Zhejiang Company; and relevant personnel responsible for the company’s contract and credit management. General Manager Hua Yuwu briefed the inspection team on the company’s overall credit‑management practices, while Chairman Chen Bailiang outlined the enterprise’s operational strategy and its plans for future development. In addition, the review panel carried out on‑site document reviews and oral inquiries covering the company’s business qualifications, brand management, contract‑credit administration, operational performance, social responsibility, and credit standing. Following a thorough and rigorous examination of all submitted materials, the audit team concluded that Zhejiang Yuegong maintains high management standards in areas such as intellectual property, credit‑system development, environmental protection, workplace safety, product quality, tax compliance, and banking credit. With robust implementation and a strong reputation for integrity, the company met all eligibility criteria and was recommended for submission to higher authorities.
Shandong Company has organized and launched the “Safety and Quality Month” campaign.
On March 22, 2018, the Group issued the “Notice on Organizing and Carrying Out the 2018 ‘Safety and Quality Month’ Activities.” In response, Shandong Company promptly took action, convening a mobilization meeting at 9:00 a.m. on March 24. The meeting was attended by General Manager Liu Qingli, company leaders Gao Yanbin and Chen Kuanli, heads of relevant departments He Fengshi, Zhao Bin, and Qin Duqun, as well as administrative clerk Feng Chenglei from the General Affairs Department. The meeting was chaired by General Manager Liu, who first led all participants in carefully studying the Group’s official notice and provided key guidance and arrangements for implementing the activities. This campaign is divided into three phases. The first phase, from March 25 to April 5, will focus on publicity and mobilization for the “Safety and Quality Month” activities. The second phase, from April 6 to April 25, will primarily involve identifying, rectifying, and eliminating safety and quality hazards; conducting education; carrying out emergency response drills related to safety and quality production; and fully launching various related initiatives. The third phase, from April 25 to April 30, will see the implementation of summary and evaluation sessions, ensuring that the outcomes of the campaign are thoroughly assessed and realized. To ensure the effective execution of this initiative, the meeting decided to establish a “Safety and Quality Month” Leading Group, with General Manager Liu Qingli serving as its head. The group’s responsibilities encompass the following four key areas: (1) Formulating the “Safety and Quality Month” activity plan and organizing and guiding the implementation of these activities across all departments and project teams. (2) Conducting in-depth investigations and analyses of the current status of safety and quality management in conjunction with the campaign, promptly addressing emerging issues and challenges. (3) Carrying out oversight and inspections to ensure the effective implementation of all specific measures. (4) Collecting, compiling, and reporting information and materials related to the “Safety and Quality Month” activities. High standards and rigorous requirements are essential to achieving positive results. Shandong Company has set forth three key directives for this “Safety and Quality Month” campaign: (1) Strengthen leadership and meticulous planning. The Leading Group must provide robust oversight of the Safety and Quality Month activities. Supervising and responsible leaders should personally oversee and actively participate in the campaign. All departments must align with the unified schedule, closely adhering to the campaign theme of “Building a Solid Safety Barrier and Constructing a High-Quality Yuegong,” intensify their planning efforts, and ensure that all tasks under the Safety and Quality Month are effectively carried out. (2) Enhance strategic planning to guarantee tangible outcomes. The Manufacturing Department should refine and improve systems and standards covering safety and quality training, hazard identification and remediation, special equipment management, lifting equipment operation and maintenance, on-site 6S management, welding and hot work procedures, and confined space operations. It should also establish detailed management and assessment mechanisms, standardize safety and quality management for each trade and workstation, institutionalize regular assessments, and implement clear reward-and-penalty measures to foster a competitive atmosphere promoting continuous improvement in safety and quality. Meanwhile, the Engineering Department should strengthen comprehensive dynamic management of project managers, rigorously overseeing the review and implementation of construction plans. Special attention should be given to effectively communicating and supervising three-tiered safety education for workers, on-site civilized construction practices, quality control, and management of critical milestones. Regular and ad hoc safety and quality inspections must be conducted, with accountability enforced and assessments strictly applied. The Quality Control Department should reinforce overall quality management, actively organize QC team activities, and closely monitor key indicators such as first-pass yield, defect rates, and material utilization. Detailed monthly quality reports must be prepared, leveraging knowledge contests and skill competitions to significantly enhance product quality and maximize the campaign’s impact. Lastly, the General Affairs Department should intensify publicity efforts for the Safety and Quality Month, making full use of diverse channels and platforms for outreach, education, and learning. It should also develop and enforce comprehensive meeting management protocols, ensuring strict compliance across all departments. Additionally, food service and dormitory facilities require enhanced safety management, with the establishment of fire prevention and electrical safety regulations, timely posting of warning signs and banners, and the creation of systematic inspection schedules accompanied by thorough records and clearly defined reward-and-penalty policies that are rigorously enforced. (3) Strengthen supervision and impose strict assessments. The campaign requires intensified oversight and guidance, with the Leading Group—acting as an inspection team—conducting detailed weekly reviews of each department’s progress every Saturday at 10:00 a.m., while strictly enforcing reward-and-penalty measures. Efforts should be made to institutionalize, standardize, and normalize safety and quality awareness-raising activities, ensuring that the Safety and Quality Month yields concrete, measurable results. At the conclusion of the meeting, General Manager Liu urged all employees to mobilize fully, conduct extensive publicity, and firmly instill a strong sense of safety red lines and quality supremacy. He emphasized the importance of further strengthening the responsibility system for safe production, comprehensively improving quality management, elevating overall employee competence, cultivating sound work habits, and gradually establishing self-discipline mechanisms to achieve civilized and safe production. By doing so, we can lay a solid ideological foundation for enhancing both safety and quality, promote the spirit of craftsmanship, bolster brand development, and provide reliable safeguards for Yuegong’s long-term sustainable growth and the Group’s goal of going public.
Currently, the “Five-Water Co-Governance” initiative is in full swing across the province. We must unswervingly follow the path of “lucid waters and lush mountains are invaluable assets,” making “Five-Water Co-Governance” an important vehicle for advancing the Party’s mass-line education and practice campaign. The Party members and cadres of the machinery company have refused to lag behind, actively responding to President Xi’s call and participating in the “Five-Water Co-Governance” efforts, thus setting an excellent example and leading by example. Environmental issues are tangible and cannot be sidestepped or avoided. The Party members and cadres of the machinery company have taken concrete action, personally cleaning up the accumulated silt and garbage along the riverbanks. Thanks to their efforts, the section of the river within the company has become clean and tidy.
A Green Spring Ride Around the Lake Ushers in a New Chapter for Yuegong
On March 10, on a bright, spring‑filled day, the New Year Lakeside Walk event—jointly planned and launched by the Group’s Trade Union, Youth League Committee, and Office—began smoothly at Didiang Lake Park. More than 80 employees from various companies across Zhejiang participated in the activity. At 8:15 a.m., participants had already gathered at the west gate of Didiang Lake, eagerly anticipating the start of the event. At 8:30 a.m., Su Jiaqi, member of the Youth League Publicity Committee, briefed everyone on the event’s theme, route, safety precautions, and other important details. Group President Ren Qiliang delivered a speech to introduce the event. Group Chairman Chen Bailiang officially declared the event open. All participants then assembled at Bridge No. 1 over Didiang Lake for a group photo, with the bridge serving as a stunning backdrop. Bridge No. 1, meticulously crafted by the people of Yuegong, is located in Shaoxing’s Didiang New City. It is a uniquely designed, aesthetically pleasing under‑arch three‑span butterfly‑shaped arch bridge. Its symmetrical, outward‑leaning arch ribs seamlessly blend with curved landscape platforms, creating the impression from afar of a colorful butterfly gracefully dancing above Didiang Lake—hence its evocative name, “Butterfly Bridge.” Throughout the walk, participants enjoyed breathtaking views along the way. This event not only showcased the company’s spirit of unity, determination, and forward momentum, enhancing its positive public image, but also enriched employees’ cultural, sports, and recreational activities, fostering healthy travel habits, a green and low‑carbon lifestyle, and greater health awareness.
Around the 2018 Spring Festival, in order to meet the demands of the company’s rapid growth and effectively implement its talent‑first strategy, Shandong Yuegong leveraged the local government’s “Spring Breeze Action” program and complemented it with targeted promotional efforts across major media outlets and online platforms. By the end of February, the company had recruited a total of six specialized professionals for various departments, who will be assigned to the Engineering, Manufacturing, Quality Control, and Technical departments. On the afternoon of March 1, 2018, Shandong Company convened an orientation meeting for new employees in the second‑floor conference room. Chairman Luo Yinchang attended and engaged in warm, candid discussions with the newly onboarded staff. The new hires each took turns sharing their thoughts, covering self‑introductions, initial impressions of the company, reflections on past work experiences, and personal career aspirations. The session was lively, informal, and highly interactive. During the Q&A segment, new employees exchanged ideas and perspectives—both among themselves and with Chairman Luo—on topics such as corporate development and job responsibilities, ultimately reaching mutual understanding. In his address, the chairman highlighted Shandong Company’s history and outlined the group’s future strategic vision, while also elaborating on Yuegong Group’s core cultural values, corporate spirit, guiding principles, and business philosophy. He further explained the company’s distinctive features, qualifications, industry strengths, as well as the current state of the steel structure sector and the promising prospects of prefabricated construction. Meanwhile, Feng Chenglei from the General Affairs Department introduced the company’s relevant management policies and procedures. At the conclusion of the meeting, Chairman Luo expressed his hopes and expectations for the new team members. He encouraged them to quickly integrate into the Yuegong family, embrace and internalize the company’s culture, set high standards for themselves, remain resilient in the face of challenges, and boldly innovate and explore new opportunities. He emphasized the importance of continuous learning to enhance personal capabilities, broaden horizons in their new roles, and strengthen professional expertise. Additionally, he urged them to build strong relationships with colleagues, actively communicate, learn, ask questions, observe, reflect, and seek guidance from experienced peers. Finally, he called on them to fulfill their duties conscientiously, perform their tasks diligently, strive for progress, and rapidly develop into forward‑thinking, highly skilled, and hardworking Yuegong professionals of the new era. The newly hired employees were visibly inspired and pledged to work hard, carefully study and apply the spirit of Chairman Luo’s remarks, and make their utmost contributions at their new posts, thereby actively supporting the continued growth and success of Yuegong.
As the Spring Festival approaches, in order to ensure that the company’s care for employees facing severe hardship is truly put into practice and to help them enjoy a happy, joyful, and peaceful New Year, the Group and the trade unions of its subsidiaries have launched the “Caring for Employees in Need, Bringing Warmth, Celebrating the Festival” campaign. On February 8, Li Xin’er, Vice Chairman of the Group Trade Union, led a delegation—including Wu Jiamin, an officer from the Enterprise Management Department, and Liu Tianyou from the Manufacturing Department of the Zhejiang Company—to visit employees in need across the Zhejiang region. Bearing the heartfelt concern of the Group Party Committee and the warmth of the Yuegong family, they presented holiday condolence payments, conveyed the company leadership’s greetings and care, and wished them a joyful, healthy, and prosperous Spring Festival. On the morning of February 9, Luo Xingchang, Manager of the Comprehensive Department, and Zhao Bin, Manager of the Manufacturing Department of the Shandong Company, acting on behalf of the company leadership and the trade union, paid visits to several employees facing extreme hardship. They went one after another to the homes of employees such as Chen Chunze, delivering essential supplies like cooking oil, rice, and flour, along with New Year greetings and best wishes. At each stop, union officials engaged in heartfelt conversations with the employees and their families, gaining insight into their household circumstances and practical needs. They encouraged everyone to remain positive and face life’s challenges with courage, assuring them that the company would stand firmly by their side, helping to address some of their immediate difficulties, and urging them to work diligently. Though these words of encouragement and care were simple, they deeply moved the employees and their families, who expressed sincere gratitude for the company’s attention and support. They pledged to approach their current hardships with optimism, devote themselves even more enthusiastically to their work, and extend their New Year blessings to Yuegong, wishing the company continued prosperity and ever greater success.
On February 8, 2018, the Machinery Company held its 2017 Annual Summary and Awards Ceremony along with a New Year’s Gala. All employees gathered together to bid farewell to the old year and welcome the new, recognize outstanding achievements, and share aspirations for the coming year. The General Manager and Chairman addressed the assembly, encouraging everyone to forge ahead with determination. At the annual awards ceremony, General Manager Ai Shenghui summarized 2017 as a year of hard work and perseverance, marked by abundant rewards, technological upgrades, innovative reforms, and strengthened team cohesion. He emphasized that 2018 would be a year of increased production capacity, market expansion, smart parking solutions, talent recruitment, and ultimately, an effort toward an IPO—five major objectives. He urged all staff to unite as one, maintain strong confidence, and strive to achieve even greater success. During the ceremony, Chairman Jin Fei delivered an important speech. He began by extending heartfelt congratulations and gratitude to the individuals and teams honored for their excellence, and thanked every employee for their collective efforts throughout 2017. Reflecting on the past year, he noted, “Born out of adversity, we must not perish in comfort.” Looking ahead to 2018, he added, “Preparation ensures success; lack of preparation leads to failure.” These concise yet powerful words clearly underscored each employee’s goals and responsibilities for the year ahead. Concluding his remarks, Chairman Jin passionately inspired the workforce: “In 2017, we gained confidence; in 2018, let us move forward with unwavering conviction! With our united efforts and tireless dedication, brighter days are just around the corner. Yuangong Machinery will surely reach its zenith!” Following the awards presentation, Lou Miaojiang, Manager of the Sales Department and representative of the awardees, took the stage. He acknowledged that while he had not made any extraordinary contributions in 2017, he had simply fulfilled his duties diligently. He expressed hope that the company’s recognition would motivate him to continue striving for excellence in the year ahead. As the New Year approached, festive cheer filled the air. The celebratory gala brought the atmosphere of the awards ceremony to a thrilling climax. The event kicked off with a self‑produced dance titled “Out-of-Control Robot,” followed by a series of entertaining performances, including a humorous skit called “Looking in the Mirror” and captivating solo vocal acts. Audiences responded with enthusiastic applause and cheers throughout. Interactive games and prize draws further enlivened the evening, adding excitement to the festivities. As attendees enjoyed the shows, lucky red envelopes and prizes were handed out continuously, infusing the venue with a joyous, celebratory spirit. Though the flowers may bloom year after year, people change with time. Within the Yuangong Machinery family, under the wise leadership of the company’s management and through the concerted efforts of all employees, we continually challenge ourselves, push beyond limits, and march confidently toward ever higher goals. In 2018, let us roll up our sleeves, work together, and create a brilliant future!
United under a common goal, we will write a new chapter of high-quality development for Yuegong.
2017 was a year of special significance in the history of Yuegong’s development. Marking this milestone, Yuegong truly embarked on a strategic return to its core steel‑structure business—refining, specializing, and strengthening it—while integrating other industries. The company launched an ambitious initiative to elevate its primary business and vigorously develop, research, and promote its own proprietary green prefabricated building system, firmly committing to a strategy of entering the capital markets. These decisions and actions aligned with national policies and economic trends, kept pace with industry advancements, and reflected Yuegong’s unique circumstances, placing the company at a new starting point and ushering it into a new era. Looking back on 2017, under the leadership of Chairman Chen, the Group adhered to the overarching principles of “seeking innovation, change, and excellence” and “enhancing efficiency and profitability.” By updating mindsets, innovating approaches, boosting morale, and overcoming challenges, the Group successfully fulfilled its annual goals and objectives. It resolved long‑standing, intractable issues that had hindered Yuegong’s growth, integrated related industries, expanded into new areas of development, and laid a solid foundation for innovative progress. In 2017, Yuegong operated steadily and demonstrated positive momentum. As the company celebrates its 25th anniversary, it stands at a historic juncture—China’s entry into a new era of socialism—with renewed vitality and hope, inspiring confidence among all Yuegong employees. In line with the overarching directives set forth by Chairman Chen Bailiang in his New Year address, 2018 marks the inaugural year for Yuegong Group as it earnestly implements the spirit of the 19th National Congress of the Communist Party of China, pioneers a new era, embarks on a fresh journey, and strides confidently toward the capital markets. We must remain united around this shared vision, deeply understand the critical judgment that China’s economy has transitioned from a phase of rapid growth to one of high‑quality development, proactively adapt to the new landscape and prevailing norms, maintain a problem‑oriented approach, strengthen foundational capabilities, address weaknesses, and move forward with determination, pooling our efforts and dedicating ourselves wholeheartedly to achieving high‑quality growth for Yuegong. With regard to 2018, we emphasize the following six key priorities: First, scale is essential to solving problems; we must do everything possible to sustain steady growth in key economic indicators. In 2018, each subsidiary must align with the targets assigned by the Group, prioritize these objectives above all else, avoid making excuses, refrain from shirking responsibility, and execute tasks rigorously and without compromise. Second, achieving high‑quality development is paramount. We will continue to carry out “Innovation and Excellence” campaigns and QC group activities to enhance quality and boost efficiency. The experience of 2017 demonstrates that these initiatives are highly effective in advancing all aspects of corporate operations. Building on past successes, in 2018 we will expand the scope of these activities, strengthen process management, and improve their practical impact, elevating Yuegong’s overall management standards and employee competencies to a new level, thereby providing robust support for high‑quality growth. Third, turning R&D achievements into marketable products is where true capability lies. We must ensure the successful implementation and widespread adoption of Yuegong’s green prefabricated building system. 2017 marked the inaugural year for this innovative system, and we invested substantial resources—particularly through the dedicated efforts of the R&D team led by Hua Yuwu. In 2018, we will pursue a three‑pronged approach: first, further refine the system by securing technical support and computational and experimental backing from influential industry institutions; second, construct demonstration projects to test and apply the system; and third, establish a specialized department to conduct marketing and promotion, striving for tangible breakthroughs and broad market acceptance. Fourth, pursuing an IPO and raising capital publicly is a major strategic goal that requires unwavering determination and steady progress. Everyone recognizes the importance and necessity of listing a company. Although Yuegong still has some distance to go before going public, if we commit wholeheartedly and work together across the entire Group, united in purpose and effort, then, like a ship sailing against the wind, Yuegong will surely reach the shores of success. Fifth, maintaining and safeguarding our qualification platforms is an invaluable asset. We must diligently preserve and protect all construction‑related qualifications held by Zhejiang Company. Sixth, cultural development is fundamental. We will uphold and promote a corporate culture characterized by “passion, magnanimity, and harmony,” as well as “carefulness, cooperation, and proactiveness,” thereby fostering the comprehensive improvement of our employees’ qualities. The 19th National Congress of the CPC has enshrined a people‑centered development philosophy. As a responsible enterprise, we must place our employees at the heart of our growth, enhancing their sense of fulfillment and belonging. We will strive to ensure that while the company achieves profits, employees share in those gains, continuously improving their working and living conditions, enriching cultural activities, and strengthening education and training. In this way, employees and the company will advance together, growing stronger, healthier, and happier, attracting more talented individuals to join Yuegong in building a brighter future. Entrepreneurship is challenging, but success comes through hard work. Let us unite behind the common goal of listing our company, dedicate ourselves to this endeavor, and turn today’s efforts into tomorrow’s glory!
On February 2, 2018, Yuegong Holdings Group held its “2018 Work Conference and Spring Festival Gala.” The year 2017 was one of building on past achievements and forging ahead with determination. All members of the Yuegong family worked together in unity and solidarity, propelling the company’s progress and development with extraordinary effort. In 2018, all Yuegong employees will surely remain true to their original aspirations, keep their mission firmly in mind, and jointly create new glories for Yuegong! Now, let us once again turn our attention to this grand annual event. 01 Group President Ren Qiliang delivered the 2017 Work Report. Group President Ren Qiliang presented the “2017 Annual Work Report,” calling on all Yuegong employees to unite under a common goal and write a new chapter of high-quality development for the company. 02 Group Chairman Chen Bailiang delivered his New Year address. Group Chairman Chen Bailiang addressed the gathering with an inspiring speech, announcing that Yuegong had “entered a new era and embarked on a new journey,” sounding the clarion call to “strive for three years and successfully enter the capital market.” His words motivated all Yuegong employees to collaboratively paint a bright future for the company. 03 Recognition of outstanding individuals and teams from 2017. Various awards were presented to recognize exceptional contributions made throughout 2017. 04 A vibrant and colorful gala. The 2018 Spring Festival Gala kicked off with melodious music and a lucky draw featuring the auspicious phrase “The God of Wealth Has Arrived.” Each department showcased a diverse array of performances—songs and dances, local operas, Shandong fast storytelling, skits, and solo instrumental pieces—all coming together to create an atmosphere filled with laughter and joy, setting the stage for a promising start to 2018. The gala’s prize-drawing segment was particularly thrilling, with beautifully arranged prizes including coveted items such as iPhones and Samsonite suitcases. Winners kept receiving exciting surprises, while creative interactive games enlivened the audience, accompanied by frequent distribution of lucky red envelopes. The mood remained warm and lively throughout. In the end, amid the host’s heartfelt New Year wishes and lingering enthusiasm among all attendees, the event concluded on a triumphant note.
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