Shandong Company Held a Meeting to Review the First-Half 2022 Work and Outline Plans for the Second Half of the Year.

Release Date:

2022-07-14 11:26

On the morning of July 9, 2022, Shandong Company convened a meeting to review its first-half performance and outline plans for the second half of the year. All employees from the company’s departments and all workshop team leaders and above attended the meeting.

General Manager Chen Kuanli began by summarizing the Shandong Company’s performance for the first half of 2022 and outlining the key priorities for the second half. Heads of each department then reported on their respective departments’ achievements in the first half and their plans for the second half.

Comrade Luo Yinchang, Executive Vice President of the Group and Chairman of the Shandong Company, delivered an important address at the meeting. General Manager Luo pointed out that in the first half of the year, the company faced adverse factors on four fronts: first, international efforts—led by the United States and other Western countries—to contain China’s development; second, the domestic real estate sector’s downturn and the recurring COVID‑19 outbreaks, which have severely disrupted cash flow, industrial chains, and supply chains; third, a less favorable competitive environment in Shandong Province and Jinan City for the steel‑structure industry compared with previous years; and fourth, frequent environmental‑protection inspections. Under these circumstances, the Shandong Company’s overall performance in the first half of the year deserves recognition: its contracted‑business targets exceeded the planned schedule, collections increased year over year, and tax revenues remained roughly on par with last year. The only area showing a slight decline was production output, which will need to be made up in the second half.

General Manager Luo believes that prudent operations will remain the overarching principle guiding the company’s development in the second half of the year. Taking into account the specific circumstances of the Shandong branch, he outlined four key areas of focus for the period ahead:

First, we must adhere to a selective approach in accepting business and proactively mitigate financial risks.

Second, we must adopt a multi‑pronged approach and make every effort to ensure timely collection of payments, with a particular focus on completing project completion acceptance and final settlement procedures.

Third, we must continuously enhance the company’s competitiveness and build robust capabilities to secure a greater volume of orders. We will earn a strong reputation among customers through consistent quality; ensure long-term profitability through safe production; strengthen our internal strengths by implementing meticulous management, reducing costs, and boosting revenue; and improve our delivery and fulfillment performance through well‑planned, forward‑looking production scheduling.

Fourth, we must continuously enhance the competence of all cadres and employees, and strive to unleash their initiative, enthusiasm, and creativity. Especially during challenging times, it is crucial to maintain high morale and a proactive spirit, leveraging human strengths to overcome objective difficulties, resolve conflicts, and address problems. Cadres and employees at all levels should strengthen their capabilities, assume greater responsibility, and ensure rigorous execution, thereby guaranteeing the company’s efficient operation. We must embrace the principle that “details determine success or failure, and attitude determines everything,” and cultivate a sense of ownership and initiative, planning ahead, making early preparations, and implementing measures promptly—refraining from waiting, relying on others, or demanding handouts. Tasks assigned by leadership must be carried out decisively and to the letter, while even those not explicitly mandated should be tackled proactively, fostering both adherence to core principles and innovative thinking. We need to deepen collaboration and coordination across departments, reinforce a holistic perspective and a keen awareness of the bigger picture, work together in unity, and surmount obstacles through collective effort. Finally, Party, government, trade unions, and youth leagues must join forces to pool positive energy for the enterprise’s stable and sustainable development.

Finally, General Manager Luo encouraged everyone to remain confident, to do their utmost under the leadership of General Manager Chen Kuanli, to strive for the best possible outcomes, and to press on in the second half of the year, working with all their might to achieve the annual goals and tasks.

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