The Group Company convened its first-half 2012 work conference.

Release Date:

2012-07-17 17:37

Meeting venue

　　 On the morning of July 13, the Group’s first-half 2012 work conference was held in Shaoxing, Zhejiang. Members of the Group’s leadership team, general managers of all subsidiaries, and heads of headquarters departments attended the meeting, which was chaired by Executive Vice President Ruan Zhongsheng.

　　At the meeting, the general managers of each subsidiary and the heads of headquarters departments reported on the key economic indicators achieved, the progress of various tasks, and the issues encountered in the first half of the year, while also outlining plans for the second half.

　　At the meeting, Group President Chen Bailiang summarized the various tasks accomplished by the group in the first half of the year, fully commended the achievements attained, and also highlighted existing issues, such as insufficient sales volumes at some subsidiaries, inadequate technical capabilities, and declining economic performance.

　　In light of the weaknesses identified in the first half of the year, President Chen outlined the key priorities for the second half:

　　First, regarding marketing concepts and strategies: All companies should continue to refine their existing marketing efforts; some should adopt a more innovative approach that goes beyond traditional marketing and focus on researching and implementing corporate transformation and upgrading.

　　Second, with regard to technological advancement: all companies must embrace the principle that science and technology are the primary productive forces; invest heavily in attracting scarce talent and engaging expert consultants; accelerate internal training; and ensure effective mentorship and knowledge transfer.

　　Third, with regard to cost control, all companies should implement comprehensive cost management—covering all costs incurred throughout the entire production process, the full lifecycle of cost generation, and the participation of every employee within the organization. The goal is to achieve the lowest or a leading total cost across the industry, thereby further strengthening the company’s competitive edge and profitability.

Leaders from the Municipal State-owned Assets Supervision and Administration Commission for Industry and Commerce visited our company for a research tour.

The company has won a major contract—the steel‑frame column project for a high‑rise development.

Leaders from the Municipal State-owned Assets Supervision and Administration Commission for Industry and Commerce visited our company for a research tour.

The company has won a major contract—the steel‑frame column project for a high‑rise development.