The Group conducted work inspections of its Shandong and Kaifeng subsidiaries.

Release Date:

2013-11-25 13:21

From November 4 to 8, 2013, in accordance with the Group’s deployment, Vice President Dong Feng conducted on-site inspections at Shandong Yuegong Steel Structure Co., Ltd., Kaifeng Yuezhong Real Estate Co., Ltd., and Kaifeng Yuegong Chemical Co., Ltd.

At Shandong Yuegong Steel Structure Co., Ltd., General Manager Dong and his delegation held a symposium with the company’s leadership team, toured the workshops to gain first-hand insights into production operations, and engaged in cordial conversations with frontline employees. After listening to the leadership team’s briefing on the company’s operational performance, current challenges, and plans for the next phase, General Manager Dong commended the Shandong subsidiary for its steady and highly effective progress this year—particularly noting that output in August and September repeatedly reached record highs, making a significant contribution to the Group as a whole. In addressing the company’s existing issues, General Manager Dong outlined three key priorities: First, to stabilize the workforce, the existing compensation system should be refined—paying not only based on quantity but also on quality—while motivating employees to enhance their skills and building a team that is technically proficient, dedicated to continuous improvement, capable of delivering results, and fully equipped to meet demanding project requirements. Second, to manage engineering risks, it is essential not only to strengthen risk prevention throughout production and construction processes but also to rigorously inspect incoming steel materials and establish an in-house physicochemical laboratory, thereby averting irreparable financial losses caused by substandard raw materials. Third, in scheduling production orders, workload should be balanced; for orders that cannot be completed in-house, outsourcing or subcontracting can be employed, thus preventing overburdened, fatigued workers from compromising product quality, equipment integrity, and employee safety.

During an inspection visit to Yuezhong Real Estate Company in Kaifeng, General Manager Dong first conducted an on-site walkthrough of the Yuegong Jingyuan construction site and spoke with several homeowners who had come to view their units. The homeowners expressed widespread satisfaction with the current quality of the work and the landscaping outside the site. Following this, General Manager Dong and his team held individual discussions with heads of relevant departments at Yuezhong Real Estate and with the general contractor’s representatives, gaining a comprehensive understanding of the project’s progress as well as any outstanding issues and challenges. General Manager Dong emphasized that, as the handover date for Phase I draws near, both parties must adhere to the “Six Unifications” guiding principles and operational requirements outlined at President Ren’s previous coordination meeting: expedite timelines, clearly define responsibilities, prepare contingency plans, and proactively organize acceptance inspections and implement corrective measures to ensure timely delivery. Additionally, regarding adjustments to the Phase II development plan, efforts should be made to secure favorable revisions in order to minimize potential losses.

Regarding the situation at Kaifeng Yuegong Chemical Company, General Manager Dong believes that the company currently faces two pressing issues. First is obtaining an Environmental Protection Production License, which is a prerequisite for lawful operations; during production, the company must also properly manage wastewater discharge. Second, the company currently lacks a new product or a suitable partner that is both appropriately scaled and commercially viable. However, when selecting new products, it is essential to prioritize projects that generate minimal environmental impact, feature high technological content, carry low investment risk, and align with the company’s long-term development strategy. Whether by leveraging the Group’s resources or pursuing independent solutions, the company must resolve these two issues as soon as possible.

Chen Jian, Deputy Director of the Enterprise Management Department of the Group Company, accompanied the inspection.

The photo shows General Manager Dong providing on-site guidance at the Shandong Company’s workshop.

The company conducts supervisory audits of its quality management system.

Let the wellspring of employees’ wisdom flow freely throughout the company.

The company conducts supervisory audits of its quality management system.

Let the wellspring of employees’ wisdom flow freely throughout the company.