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

Release Date:

2013-06-27 13:08

On the morning of June 24, 2013, a delegation led by Huang Qiufang, President of the Shaoxing Entrepreneurs Association, along with Vice Presidents Qiu Jinlou and Jin Baoren, and Secretary-General Chen Weimin, paid a visit to Yuegong Company to conduct a fact-finding mission. Lin Shu, Director of the Shaoxing Municipal Construction Industry Administration, also joined the inspection. The group was warmly received by Chairman of the Board Chen Bailiang, President Ren Qiliang, Executive Vice President Jiang Jinlong, Vice President Dong Feng, and other senior leaders.

Chairman Chen invited President Huang and his delegation to watch the company’s promotional video, during which he presented an overview of Yuegong Company’s industries and current operations, as well as a summary of the company’s performance across various areas since the beginning of the year, and put forward several recommendations and requirements. Chairman Chen noted that in the first half of this year, the company’s overall results showed significant improvement compared with the same period last year, primarily reflected in two key areas: first, the leadership team and the organization’s overall outlook have strengthened, with a substantial increase in the corporate confidence index; second, all production and operational metrics have risen across the board. Among the notable achievements were: restructuring and bolstering the leadership team to boost morale; enhancing employees’ working and living conditions; undertaking major technological upgrades; reinforcing internal management to reduce costs; and placing a strong emphasis on safety and stringent quality control. Regarding the challenges facing the company’s development, Chairman Chen identified underutilized production capacity, high labor costs—particularly for skilled workers—and elevated financing expenses as the primary issues, which are especially pronounced for manufacturing enterprises.


Meeting venue

Finally, Chairman Chen offered several recommendations and requests to President Huang and his delegation: First, he urged the government to pay closer attention to enterprises, particularly those facing difficulties, so that, at the first sign of trouble, preemptive contingency plans can be implemented to minimize losses and prevent cascading effects. Second, he called for greater efficiency in government approval processes and improved service delivery. Third, he expressed the hope that government policies would better support the development of the real economy and encourage more resources to be directed toward industrial and manufacturing sectors. Fourth, he suggested leveraging the Entrepreneurs’ Association as a platform to foster greater communication and collaboration with other businesses, thereby jointly promoting growth.

Chairman Huang highly commended Yuegong Company’s development, particularly its performance since the beginning of this year. He expressed the hope that, while continuing to prioritize steel structure as its core business and pursuing diversified operations, the company will conduct a thorough analysis of its subsidiaries, align with market prospects, make strategic trade-offs, optimize its corporate structure, strengthen its technological foundation, enhance product quality, and strive to build Yuegong into a robust, refined, and enduring enterprise—a century‑long legacy.
Finally, President Huang stated that, going forward, the association will strengthen its ties and communication with enterprises—especially its member companies—and enhance coordination. Enterprises are encouraged to share their perspectives and submit suggestions from their own standpoint, while the association, in turn, will strive to provide robust support services and establish platforms for exchange, dialogue, and learning.

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