Yuegong Holdings Group Held Its 2013 Annual Work Conference.

On February 27, the Yuegong Holdings Group’s 2013 Work Conference was held at its headquarters in Shaoxing, Zhejiang. The primary objectives of the meeting were to recognize outstanding achievements, review and summarize the work of 2012, set forth the goals and tasks for 2013, and clarify the requirements for implementation—thereby further aligning the thinking and understanding across the entire group, uniting efforts, boosting morale, and securing new successes in all areas of the Group’s operations in 2013.

The meeting was chaired by Jiang Jinlong, Executive Vice President of the Group and Chairman of Zhejiang Steel Structure Co., Ltd. Attending were Chen Bailiang, Chairman of the Group’s Board of Directors, along with Group executives Ren Qiliang, Ruan Zhongsheng, Luo Yinchang, Dong Feng, Hu Zhichang, Fang Yaqian, Jin Fei, and Tang Genmei, as well as assistant general managers and above from all departments of the Group and its subsidiaries.

The venue was arranged in a simple yet dignified manner, with no podium and no floral arrangements. The agenda was concise yet substantive.

The meeting began with the presentation of awards to two 2012 Group Advanced Units—Shandong Yuegong Steel Components Co., Ltd. and the Finance Department of Yuegong Holding Group—and to 20 Group Outstanding Individuals, including Xie Guoyao.

Representatives of advanced collectives receive awards.

On behalf of the Group, President Ren Qiliang delivered a work report titled “2012 Work Summary and 2013 Work Plan of Yuegong Holding Group,” summarizing and reviewing the year’s achievements with the following four‑sentence assessment: “Mixed results, overall stability, numerous highlights, and no shortage of challenges.”

The President noted that in 2012, the Group achieved several notable successes: first, the leadership team demonstrated unity and pragmatism, maintaining clarity and resolve in the face of a complex environment, providing effective guidance and serving as a steadfast anchor for the Group as it navigated turbulent times; second, the workforce remained stable, and business operations proceeded smoothly; third, the Group’s core development philosophy was further upheld and advanced; and fourth, the Group’s reputation continued to grow, bolstering confidence across the board. At the same time, he also highlighted areas of concern: the short-term economic outlook remains uncertain; the Group’s development vision lags behind current realities; its governance structure lacks sufficient scientific rigor; and overall performance has yet to meet expectations.

Speech by President Ren Qiliang

Against a backdrop of a challenging macroeconomic environment, intensifying industry competition, mounting cost pressures, and widespread business downturns, the Group has maintained steady growth—a commendable achievement that would not have been possible without the concerted efforts of everyone across the organization. On behalf of the Group, President Ren extends heartfelt gratitude to all company leaders, mid‑level managers, technical professionals, and employees who, over the past year, have remained steadfast at their posts, devoted themselves wholeheartedly, led by example, and quietly delivered outstanding results. He also takes this opportunity to wish you all a happy New Year—may you enjoy good health, family happiness, and success in all endeavors.

In his report, the president highlighted the key achievements of 2012. While staying true to its core business in steel structures, the group expanded into the machinery sector, developed the automated parking‑garage business, and ventured into the financial industry, laying the groundwork for a future strategy that integrates industrial operations with financial capital management. The company successfully hosted the 20th anniversary celebrations of Yuegong, standardized office etiquette, launched the “Welcome the New Year, Showcase a New Look, Innovate Our Business” campaign, and enhanced employee well-being, thereby boosting staff satisfaction. Looking across its subsidiaries, Shandong Company stood out with record‑breaking performance across all economic indicators—output, new contract awards, and profits all reached all-time highs. Zhejiang Company established a virtual steel inventory system to improve energy efficiency and reduce consumption, achieving zero safety incidents throughout the year. The Machinery Company adopted a strategy prioritizing automated parking garages while supplementing them with other product lines, gradually building production capacity, opening up new markets, and accomplishing a remarkable leap from scratch. The Design Institute made a breakthrough in applying Tekla software for design, attracting, training, and retaining the necessary talent. Meanwhile, the Real Estate Company delivered strong results in project development, property marketing, internal infrastructure, and overall corporate growth. The Chemical Company’s leadership team demonstrated unity and confidence, securing a work‑safety production license and passing the final acceptance inspection for its wastewater‑treatment project. Lastly, the micro‑finance company emerged as a dark horse, turning a profit in its very first year of operation.

The President pointed out that, behind the impressive achievements, we should adopt a more rational approach to the existing issues in the company’s operations, such as refining and improving our systems and management framework, advancing精细化管理, optimizing our business structure and marketing strategies, and addressing certain legacy problems.

Following the deployment of each company’s 2013 objectives and tasks, the President put forward the following work requirements: first, strengthen marketing and expand market share; second, refine institutional frameworks and enhance management; third, focus on development to bolster corporate strength; fourth, cultivate a robust corporate culture to elevate the company’s image; and fifth, prioritize quality assurance and ensure safety. It is hoped that all companies will firmly sustain the current favorable momentum of enterprise development, meticulously plan and execute their year‑long operations, and ensure the full and even exceeding of all 2013 economic targets.

Chairman Chen Bailiang delivered a speech titled “Reaffirm Our Ambitions, Recreate Brilliance: New Dreams, New Hopes,” in which he briefly outlined the Yuegong Group’s development strategy, team‑building initiatives, and several key requirements. Regarding the development strategy, he proposed a framework: building on the Group’s 20 years of growth, it will pursue reform and innovation, refine its organizational structure, remain committed to developing its core businesses, integrate and elevate its real‑economy operations, and strengthen its financial sector. Over the next decade, the aim is to transform the Yuegong Group into a large, diversified conglomerate where the real economy and finance advance in tandem, each reinforcing the other. On the subject of team building, he urged all subsidiaries to adhere to the provisions of the Group’s “Implementation Guidelines for Establishing a Talent‑Management System under the Yuegong Talent Program,” and to steadfastly implement talent‑development plans tailored to their respective needs.

At the meeting, Chairman Chen, drawing on the macroeconomic landscape and the actual conditions of enterprise development, put forward several key requirements: First, he urged everyone to adopt the right mindset—overcoming complaints and a reluctance to tackle challenges, as well as the attitudes of “waiting, relying, and demanding” and “making do with the status quo,” and instead embracing a spirit that fears no hardship and strives for excellence. Second, he emphasized the need to prioritize: first, expand markets and spare no effort in securing new business; second, refine management practices to reduce costs. Third, he stressed the importance of unwavering focus: we must set clear objectives, develop our core businesses, see initiatives through to completion, persevere without wavering, and refuse to give up until we achieve our goals.
Finally, Chairman Chen quoted Ren Zhengfei, Huawei’s founder and chairman: “For more than two decades, Huawei has focused on a single mission—adhering to our pipeline strategy. All one needs to do is make the most of whatever limited advantages they have; hold fast to their goals without wavering, and with each step forward, they will steadily climb higher. That is success! I am confident that if every member of the Yuegong team does the same, we will succeed—and we will surely succeed!”