Promote conservation, reduce costs, and enhance efficiency.

Release Date:

2013-07-18 13:07

To further strengthen awareness of resource conservation, establish a culture of frugality, promote simplicity and thrift, rigorously implement 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 “conservation creates value,” “conservation is profit,” and “everyone bears responsibility for conservation”; to take pride in saving and regard waste as shameful; to start with oneself and from small actions; to actively engage in energy conservation and consumption reduction, as well as in expanding revenue streams while curbing expenditures; to foster a corporate culture of frugality; and to strive to build a resource‑efficient enterprise. Specific requirements are as follows:

First, we will strengthen our awareness of conservation and build a resource‑efficient enterprise, vigorously upholding the fine traditions and work ethic of thrift and frugality in business operations. Second, we will cut expenditures by strictly reducing non‑production costs—such as office supplies, telecommunications, vehicle expenses, and business entertainment—to lower overall costs, striving to ensure that the Group’s non‑production expenses in 2013 are no higher than in 2012. Third, we will conserve resources and tightly control consumption of water, electricity, and gas. Fourth, starting with ourselves, we will take small but meaningful actions to practice frugality—saving every yuan, every resource, every kilowatt‑hour of electricity, every sheet of paper, every bit of raw material, and every component—and make the most of what we have by repairing and reusing old items and maximizing the value of all materials.
The notice emphasizes that practicing thrift is the responsibility of every individual and within everyone’s reach—regardless of personal identity, job role, or level of position. All companies, departments, and positions must take proactive steps: align our thinking, clearly understand the current situation, strive with determination, and manage the enterprise with frugality. We must embed the value of “saving is honorable; waste is shameful” throughout all stages of production, operations, and management, highlight exemplary models, promote integrity, and make rigorous cost‑cutting a standard practice for the enterprise. With a strong sense of ownership, let us devote ourselves wholeheartedly to the sustained, healthy development of our organization.

Company management personnel visited and studied at the newly established textile company and Supor Company.

Huang Qiufang, President of the Municipal Entrepreneurs Association, and her delegation paid a visit to the company to conduct a work inspection.

Company management personnel visited and studied at the newly established textile company and Supor Company.

Huang Qiufang, President of the Municipal Entrepreneurs Association, and her delegation paid a visit to the company to conduct a work inspection.