The Group’s Third-Quarter Work Conference was held successfully.
Release Date:
2012-10-17 17:37
On the morning of October 12, the Group’s third-quarter work conference for 2012 was successfully held at the Group’s headquarters in Shaoxing, Zhejiang. Attending the meeting were Chen Bailiang, Chairman of the Board; Ren Qiliang, President of the Group; other senior executives; general managers of all subsidiaries; and heads of headquarters departments. The meeting was chaired by Dong Feng, Vice President of the Group.
The meeting commenced with Chairman Chen Bailiang announcing the Board’s decision to appoint Ren Qiliang as Group President, followed by a welcoming ceremony. Subsequently, the general managers of each subsidiary and the heads of headquarters departments presented reports on the key achievements and outstanding issues of their respective companies (or departments) during the third quarter, along with their plans for the fourth quarter.
After hearing work reports from each company and department, Group Chairman Chen Bailiang provided a brief review of the third-quarter performance. He noted that, in the third quarter of this year, despite the diligent efforts of all units, overall results declined significantly compared with previous years, owing to external economic factors. He urged all companies and departments to spare no effort and mobilize every available resource to deliver a strong finish in the fourth quarter, striving to meet and even exceed the annual targets. He also outlined several key requirements for the coming period:
I. Each company shall, in alignment with its annual objectives, formulate a work plan for the fourth quarter and put forward specific measures to ensure effective implementation.
II. The Group will conduct a work inspection of each subsidiary, with a particular focus on addressing the issues identified during the previous inspection and assessing the status of their implementation.
III. In the area of marketing, it is necessary to shift our approach: we must explore every possible avenue to expand our customer base, adjust our product mix, strengthen our sales team, and intensify efforts to collect outstanding receivables.
IV. Striving for Excellence in Management: We will strengthen cost management across the entire process, ensure product quality, enhance financial management, and vigorously advance the implementation of the Yuegong talent‑guarantee system.
V. In terms of development, it is essential to conduct thorough due diligence and ensure investment returns.
President Ren Qiliang also addressed the meeting. President Ren stated that he felt deeply honored and delighted to join the Yuegong team, emphasizing the importance of learning from his colleagues and swiftly integrating into the organization. He urged everyone, in the face of the current complex circumstances, to remain clear-headed, bolster their confidence, strengthen unity and collaboration, and better serve Yuegong, so as to help the company grow stronger and more prosperous.

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