The Group held its third-quarter 2013 economic performance review meeting.
Release Date:
2013-10-25 12:58
On October 15, the Group held its third-quarter 2013 economic performance review meeting at its headquarters in Zhejiang. Attending the meeting were Chen Bailiang, Chairman of the Board; Ren Qiliang, President of the Group; Group executives Luo Yinchang, Dong Feng, Fang Yaqian, Tang Genmei, and Ruan Zhongsheng; heads of each subsidiary; as well as principal and deputy heads of all Group departments. The meeting was chaired by Jiang Jinlong, Executive Vice President of the Group.
At the meeting, the heads of each company reported on their third-quarter economic performance, discussed in detail the highlights, challenges, and key issues of their work, and outlined their plans and measures for the fourth quarter.
After hearing the reports, Group President Ren Qiliang delivered an important address titled “Unite Hearts and Minds, Seize the Momentum, Sprint Through the Fourth Quarter, and Achieve a Full‑House Success.” He fully commended the achievements of all subsidiaries and departments in areas such as economic performance, initiatives, and operational readiness, expressing satisfaction with the work carried out during the third quarter. At the same time, he pointed out several existing issues, including insufficient utilization of capacity, unstable production, a shortage of human resources, and inadequate managerial sophistication, among others.
During the rollout of fourth-quarter initiatives, President Ren outlined three key priorities for all companies and departments: first, to stay firmly focused on their respective objectives, refine implementation plans in light of their specific circumstances, and strive for breakthroughs; second, to align with the Group’s established development strategy by setting targets early and making timely preparations; and third, to rigorously enforce the Board of Directors’ recently issued documents, including the “Rules of Procedure and Powers of the Board of Directors,” the “Rules of Procedure for the President’s Office Meetings,” the “Performance Management System for Senior Management,” and the “Measures for the Administration of Investment Projects.”
Finally, President Ren outlined the overall work objectives for the fourth quarter of this year: unite as one, seize the momentum, sprint through the final quarter, and achieve a “clean sweep” of successes.
First, we must unite as one and pool our strengths. This has always been a consistent call from Chairman Chen, especially for our management team: our senior leadership must be of one mind and one heart, close ranks, and work together with unwavering resolve. In times of adversity, this spirit of unity is an indispensable requirement for senior executives. Only when the company stands united can it wield real strength; if we become fragmented and indecisive, even the best decisions and ideas will be difficult to put into practice. Moreover, this ethos of unity and concerted effort is a cherished tradition at Yuegong Group—something we must continue to uphold and nurture.
Second, we must seize the momentum and press ahead. Now is the time to do so—first, as the year draws to a close, we need that final push; second, while our current economic indicators look fairly strong, their sustainability remains limited. We must not be misled by these seemingly robust figures; instead, we should maintain a sense of vigilance, a high degree of urgency, and a strong sense of responsibility. By acting with the tide and capitalizing on the prevailing momentum, we can strive for the best possible outcomes and move as quickly as possible, sprinting through the fourth quarter, mobilizing all available resources and positive factors, and delivering on all fronts to achieve a “full‑house success” and ensure that we surpass our annual targets.
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