To deepen corporate culture development, innovate management practices, enhance the company’s management capabilities, and draw on the management expertise of peer companies to broaden the horizons of our managerial team, on the morning of July 11, Chairman Chen Bailiang and President Ren Qiliang led a delegation of 25 mid- and senior-level managers on a study visit to Xinjian Textile Co., Ltd. and Supor Co., Ltd. in the Paojiang New Area.
Promote conservation, reduce costs, and enhance efficiency.
To further strengthen awareness of thrift, establish a culture of frugality, promote simplicity and moderation, rigorously practice cost‑saving measures, reduce expenses, lower costs, and better support enterprise development, the Group issued on June 18 the “Notice on Practicing Frugality and Reducing Costs.” The notice calls on all levels of the Group to firmly embrace the principles that “thrift creates value,” “thrift is profit,” and “everyone bears responsibility for saving.” It urges everyone to take pride in frugality and regard waste as shameful, starting with themselves and from small actions, actively engaging in energy conservation, resource reduction, revenue generation, and expense control, thereby fostering a culture of thrift and striving to build a resource‑efficient enterprise. Specific requirements are as follows: First, enhance awareness of thrift and build a frugal enterprise, vigorously upholding the fine traditions and work style of diligence, frugality, and operating businesses economically. Second, compress expenditures by strictly cutting non‑production costs—such as office supplies, communication fees, vehicle expenses, and business entertainment—to reduce overall costs, aiming to ensure that the Group’s non‑production expenses in 2013 do not increase compared with 2012. Third, conserve resources and tightly manage consumption of water, electricity, and gas. Fourth, start with oneself, make small but meaningful contributions, and practice frugality in daily life. Strive to save every yuan, every resource, every kilowatt‑hour of electricity, every sheet of paper, every bit of raw material, and every component; repair and reuse old items, and make the most of everything available. The notice emphasizes that practicing frugality is the responsibility of every individual, who can contribute regardless of position, role, or level. All companies, departments, and job positions must take proactive action, align their thinking, clearly understand the current situation, work hard, operate enterprises economically, and integrate the values of “frugality is honorable; waste is shameful” into every aspect of production, operations, and management. By setting exemplary models and promoting positive conduct, we should institutionalize frugality and cost reduction as routine practices, demonstrating a strong sense of ownership and dedicating ourselves wholeheartedly to the sustained, healthy development of the enterprise.
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