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.
On the morning of June 24, 2013, a delegation led by Huang Qiufang, President of the Shaoxing Entrepreneurs Association, along with Vice Presidents Qiu Jinlou and Jin Baoren, and Secretary-General Chen Weimin, paid a visit to Yuegong Company to conduct a fact-finding mission. Lin Shu, Director of the Shaoxing Municipal Construction Industry Administration, also joined the inspection. The group was warmly received by Chairman of the Board Chen Bailiang, President Ren Qiliang, Executive Vice President Jiang Jinlong, Vice President Dong Feng, and other senior executives.
Shandong Yuegong Steel Components Co., Ltd. held its 10th anniversary celebration.
On May 9, Shandong Yuegong Steel Structure Co., Ltd. held a grand celebration marking its tenth anniversary in the company’s third-floor conference room. Government leaders from Jinan City, Pingyin County, and the Jixi Industrial Park attended the event. Also present were Chen Bailiang, Chairman of the Board of Yuegong Group; Jiang Jinlong, Executive Vice President of the Group; Dong Feng and Fang Yaqian, Vice Presidents of the Group; representatives from various subsidiaries and departments under the Group; as well as mid- and senior-level management and employee representatives of the Shandong company. Leaders from a number of distinguished client companies—including Shandong Shifeng Group Co., Ltd., CJ (Liaocheng) Biotechnology Co., Ltd., Shandong Zhongda Power Equipment Co., Ltd., Tai’an Yongfeng Steel Co., Ltd., Jinan Xingya Metal Materials Co., Ltd., Tai’an Juheng Metal Co., Ltd., Shandong Suolide Welding Materials Co., Ltd., Shandong Changyu Group Liaocheng Qilu Paint Industry Co., Ltd., Shandong Wanshida Architectural Steel Products Technology Co., Ltd., and Hebei Ruiling Materials Trading Co., Ltd.—also attended the celebration. The ceremony was chaired by Ma Yongfu, Deputy General Manager of the Shandong company. In his address, Luo Yinchang, Vice President of the Group and Chairman & General Manager of the Shandong company, extended heartfelt gratitude and high respect to all guests and employees who had gathered for the occasion. He noted that the past decade of the Shandong company has been a remarkable journey filled with opportunities and challenges, marked by hard work and dedication. From its humble beginnings as a small enterprise of just a few dozen employees, the company has grown into a key player in the steel structure industry across Jinan and even nationwide. Today’s achievements are the result of the care and support of local leaders at all levels, the wise decisions and sound leadership of the Group’s Board of Directors, the unwavering trust and favor of our valued customers, the tireless efforts of the Shandong company’s leadership team, and the courageous commitment and selfless contributions of every employee. Over the years, the Shandong company has consistently upheld the corporate spirit of “pursuing perfection, striving for excellence, acting with integrity and pragmatism, and exploring innovation,” adhered to the business philosophy of “strictness and practicality, quality first, continuous improvement, and customer supremacy,” and remained committed to the corporate mission of “people-oriented, aiming for excellence.” With the goal of “making greater contributions to the nation, ensuring sustainable enterprise growth, and increasing employee incomes,” the company has repeatedly earned prestigious honors such as “Best Enterprise Investing in Shandong,” “Enterprise with Outstanding Contributions,” and “Advanced Unit for Harmonious Labor Relations in the County.” For many consecutive years, it has also been recognized by both the local government and Yuegong Group as an “Advanced Enterprise.” Taking the tenth anniversary as an opportunity, the company plans to introduce a series of modernized management systems, further strengthen corporate cohesion and execution capabilities, and carry out all tasks in a solid and effective manner. The aim is to build the Shandong company into a thriving, evergreen enterprise that contributes meaningfully to the revitalization of the Group’s economy. The photo shows Chen Bailiang, Chairman of the Board of Yuegong Group, delivering a speech. In his remarks, Chen Bailiang highly commended the Shandong company’s development over the past few years. He emphasized that the company’s success today is inseparable from the invaluable support and assistance provided by the local governments and relevant departments of Pingyin County, as well as from the dedicated efforts of all Shandong company staff—especially Chairman and General Manager Luo Yinchang, who left his family behind to devote himself wholeheartedly to the company. He also acknowledged the longstanding loyalty of both new and established customers and material suppliers, particularly gold-standard enterprises like Shifeng Group. Over the past decade, the Shandong company has honed its workforce through market experience, achieved steady growth amid opportunities, continuously broken new ground through innovation, and built up strength through pragmatic action. Starting from scratch—with no qualifications, no track record, no talent pool, no brand recognition, no market presence, and no financial strength—the company has steadily advanced step by step, year after year, transforming itself into a modern, knowledge-based, and profit-driven steel structure enterprise renowned for its market reputation, product safety, social standing, and improved employee benefits. It has now become one of Shandong Province’s leading large-scale steel structure enterprises. As the saying goes, “No rain, no rainbow.” Throughout its growth, the Shandong company has faced numerous challenges but has also reaped many accolades. Currently, the company is experiencing rapid expansion, with economic indicators showing annual growth rates exceeding 20% for four consecutive years, production volumes more than tenfold higher than before, and ongoing record-breaking performance. Ten years of painstaking effort have culminated in this achievement. While celebrating these successes, we must also carefully plan for the future, preparing proactively for what lies ahead. Seizing the momentum of reform and opening-up, we will embrace new opportunities and drive fresh development. In line with the Shandong company’s positioning and strategic goals, over the next five to ten years, we will not only expand quantitatively—by scaling up operations and boosting output and sales—but also enhance qualitatively—by elevating the company’s intrinsic value and core competitiveness. This includes improving the skills of our workforce, raising the level of corporate management, strengthening manufacturing capabilities, enhancing our brand, and bolstering our public reputation. The photo shows Ms. Wang Xiuying, Party Secretary of Shandong Shifeng Group Co., Ltd., delivering a congratulatory address. To achieve the objectives set for the next decade, Chairman Chen proposed focusing on three key areas: first, building a strong talent pool by assembling a dream team—one characterized by idealism, passion, exceptional learning capacity, and outstanding combativeness; second, refining the enterprise’s operational system, including its policies, processes, mechanisms, and overall operating model; and third, prioritizing corporate culture, which serves as the soul of the company and embodies its core values. During the celebration, employees honored with the title of “Top Ten Employees” of Shandong Yuegong Steel Structure were recognized and presented with certificates of merit. A group photo of the “Top Ten Employees” of Shandong Yuegong Steel Structure with the Group’s leadership.
Group company leaders inspect safety and quality management.
On April 23, Group Vice President Dong Feng, Office Director Liu Jianfeng, and Deputy Head of the Enterprise Management Department Chen Jian conducted an inspection of the Changhai Bio project construction site at Zhejiang Yuegong Steel Structure Co., Ltd. and Zhejiang Yuegong Machinery Co., Ltd. This inspection took place during the Group’s Safety and Quality Month campaign, aiming to further strengthen safety and quality awareness across all subsidiaries, eliminate potential hazards, and ensure the effective implementation of all related safety and quality measures. At the Changhai Bio project site, accompanied by Li Hangdong, Assistant to the General Manager of the Zhejiang Company, and Xie Guoyao, Engineering Department Manager, the inspection team focused on assessing completed steel column foundations, welds on steel components, surface quality, and overall finish. They also carefully reviewed temporary protective devices, temporary electrical installations, helmet and harness usage, and the proper execution of safety briefings. The team commended the use of safety measures such as lifelines, guy wires, and warning tape, noting that, under the diligent organization of Zhejiang Steel Structure, the site’s management level has significantly improved and safety awareness has been strengthened. The team urged all personnel to remain vigilant, consistently enhance their quality and safety consciousness, accelerate construction progress while ensuring both project quality and safe production, and successfully complete this year’s first major company project. Additionally, they emphasized the importance of promptly summarizing lessons learned and best practices from this project for broader application in other construction endeavors. Following the site visit, Vice President Dong and his delegation proceeded to the machinery company. Accompanied by General Manager Fang Yaqian, Deputy General Managers Ai Shenghui and Wang Zhongyou, and Chief Engineer Qian Huaxing, they toured the workshop production area. During their visit, they observed a technical skills competition currently underway at the facility. After evaluating the weld quality demonstrated by the welding team, Vice President Dong offered high praise and provided several suggestions for further improvement. The leadership of Zhejiang Yuegong Machinery also briefed the inspection team on the company’s activities during Safety Month. The team commended the company’s compilation of “Safety Production Management Regulations” and its “Three‑Inspection System Management Measures,” particularly the latter, which they deemed worthy of emulation by other subsidiaries. In addition, Vice President Dong presented certificates and prizes to employees who achieved outstanding results in the magnetic drilling competition.
Yuegong Holding Group Held a First-Quarter Economic Performance Analysis Meeting.
On the morning of April 10, Yuegong Holding Group convened its first-quarter economic performance review meeting in Shaoxing, Zhejiang. Attending the meeting were Chen Bailiang, Chairman of the Board; Ren Qiliang, President of the Group; and Group executives Jiang Jinlong, Dong Feng, Hu Zhichang, Fang Yaqian, Jin Fei, Tang Genmei, and Ruan Zhongsheng, along with heads of each subsidiary and departmental leaders across the Group. The meeting was chaired by Vice President Dong Feng. During the session, the heads of each subsidiary reported on the achievement of key economic indicators for the first quarter, analyzed existing challenges, and outlined plans for the second quarter, setting forth specific targets and measures. Meanwhile, the Group’s Finance Department presented a financial analysis of the first-quarter economic performance across all subsidiaries and the Group as a whole. Following the presentations, President Ren Qiliang addressed the gathering, reviewing the first-quarter economic performance: First, from an economic standpoint, the Group demonstrated overall stability and a solid start, with two steel‑structure subsidiaries posting double-digit production growth—particularly notable was Shandong Company, which reached an all-time high. Second, the Group exhibited a spirited, upward‑moving, and hardworking mindset, characterized by less complaining, fewer wait-and-see attitudes, and a greater focus on solving problems independently, reflecting a positive outlook. Third, management practices have been strengthened across the board, with a growing emphasis on refined, meticulous operations. Fourth, both financial resources and living‑facility support remained robust. President Ren noted that, while the first quarter’s economic performance was generally steady and well‑grounded—with particular praise for the upward trend—it still fell short of ideal expectations. Specific shortcomings include declining contract values at both steel‑structure subsidiaries, insufficient improvements in economic returns, pressing labor and talent issues, and certain mismatches in project execution. In closing, President Ren set forth five key priorities for the second quarter: First, prioritize two critical areas: market development and management. Each company should thoroughly analyze the causes of order declines, promptly implement corrective measures to replenish backlogs, and ensure sustained, healthy operations going forward. At the same time, strengthen management practices, maintain momentum in 6S initiatives, enhance fine‑tuned operational controls, and actively carry out Safety and Quality Month activities. Second, ensure effective investment. In line with the spirit of the Group’s Board of Directors and Presidential Executive Meeting, this year’s capital allocation is concentrated and projects are numerous. Accordingly, all companies and departments are urged to: (1) expedite project approval processes, strive for early project initiation and commencement, accelerate progress, and carefully plan production lines and equipment procurement, drawing on best practices from other firms to achieve greater rationality, scientific rigor, and efficiency; and (2) make every effort to reduce investment costs, adhering to the “essential” principle, exercising prudent budgeting, and pursuing cost‑saving measures. Third, bolster resource support. Beyond financial resources, special attention must be given to human‑resource planning, including open recruitment of young, educated employees who align with Yuegong’s development goals. Fourth, undertake a strategic realignment of the Group’s organizational structure, conducting thorough research and analysis on the Group’s current framework and long-term development strategy, particularly regarding the future of the steel‑structure industry. Finally, attend to routine administrative matters, beginning with addressing the legacy issues left behind by Kaifeng Company.
Copyright © Yuegong Holding Group Co., Ltd.Website Development: China Enterprise Dynamics Shaoxing