On the afternoon of March 13, 2019, a handover ceremony for the chairman of Zhejiang Company was held at the Group’s headquarters. The meeting was chaired by Ren Qiliang, President of the Group, and attended by Group executives, department heads and above, the vice-chairman of the trade union, members of the Youth League Committee, as well as department assistants and higher-level personnel from Zhejiang Company. The meeting commenced with President Ren Qiliang of the Group reading out the decision on the appointment of the chairman of Zhejiang Company. According to the decision, Luo Yinchang, Executive Vice President of the Group, will assume the role of chairman of Zhejiang Company effective immediately. Following this, Jiang Jinlong, the former chairman of Zhejiang Company and current supervisor of the Group, delivered a speech. He emphasized that, in line with the Group’s established policy of improving corporate governance, promoting standardized development, and steadily advancing toward the capital markets, this personnel adjustment had been implemented. He expressed his firm support for the Group’s decision. In addition, Mr. Jiang summarized his key achievements during his tenure at Zhejiang Company, highlighting improvements in refining company regulations, focusing on building a professional management team, and actively transforming the project‑acceptance model. He also expressed hope that, going forward, Zhejiang Company would strengthen its efforts in balancing workshop capacity expansion with sales order fulfillment, stabilizing frontline production staff while enhancing their skills, bolstering the marketing team’s ability to secure contracts, accelerating the implementation of the Engineering Department’s project‑evaluation system, achieving comprehensive cost reductions and efficiency gains, and elevating overall management capabilities. Finally, he extended his best wishes and looked forward to the new chairman leading Zhejiang Company to even greater success. Subsequently, Luo Yinchang, the newly appointed chairman of Zhejiang Company, made a statement. He first thanked the Group for its trust and all colleagues for their years of support and assistance. He noted that assuming the role of chairman of Zhejiang Company carries a profound sense of honor, immense responsibility, and challenging tasks. However, confident in the solid foundation laid by Mr. Jiang, the proactive cooperation of the management team led by General Manager Hua, and the promising prospects of the steel structure industry, he expressed full confidence in the future. Mr. Luo stated that Yuegong has weathered market challenges and endured many trials over the past 27 years. Moving forward, he pledged to conscientiously fulfill his duties, conduct thorough research, collaborate closely with all stakeholders, and effectively integrate and coordinate resources between the Zhejiang and Shandong companies. Taking advanced enterprises as benchmarks, he vowed to continuously innovate, uphold the corporate spirit of “passion, magnanimity, harmony, meticulousness, cooperation, and proactiveness,” unite as one, overcome difficulties, strive to meet the Group’s targets, roll up sleeves and work hard, create value for customers, deliver benefits to employees, and generate returns for shareholders. Hua Yuwu, General Manager of Zhejiang Company, also addressed the meeting. He affirmed his respect for and support of the Group’s decision, extending sincere gratitude to Mr. Jiang for six years of leadership and guidance provided to both Zhejiang Company and its management team. He warmly welcomed Mr. Luo, expressing confidence that under his leadership, Zhejiang Company would achieve even greater success. At the conclusion of the meeting, President Ren Qiliang delivered an important address. He began by fully commending Mr. Jiang’s contributions during his tenure as chairman of Zhejiang Company, particularly noting the significant role he played in guiding the company from a period of operational difficulty into a phase of stable growth. He pointed out that this high-level personnel reshuffle was undertaken to integrate core competencies and share resources within the steel structure business, aiming to optimize the allocation of managerial talent, build a management team capable of meeting Yuegong’s developmental needs, enhance corporate governance effectiveness, ensure the successful achievement of set objectives, promote more sustainable growth, and usher in new heights of success. Finally, President Ren set clear expectations for all managers: they must lead by example, maintain strict self-discipline, unite as one, strive for excellence, and channel all their energy into driving the company’s development, guiding it through future challenges and obstacles while remaining accountable to the company’s supervisors and all employees. During the handover ceremony for the chairman of Zhejiang Company, the Group Office spearheaded a visit to the Wolong Group in Shangyu, where participants engaged in an exchange program focused on learning advanced manufacturing site management practices.
On the afternoon of March 11, 2019, Shandong Company convened a meeting for all its cadres to announce the newly appointed leadership team approved by the company’s board of directors. The meeting was chaired by Luo Yinchang, Executive Vice President of the Group and Chairman of Shandong Company. First, General Manager Luo read out the decision regarding the appointment and division of responsibilities among the company’s leadership: Following deliberation by the board of directors and approval from the Group, Comrade Chen Kuanli was appointed General Manager, responsible for overseeing all aspects of the company’s operations. Upon nomination by the General Manager and subsequent board approval, Comrade Wang Ming was appointed Deputy General Manager, Comrade Gao Yanbin was appointed Deputy General Manager, and Comrade Qin Duqun was appointed Assistant to the General Manager. On behalf of both the Group and the company’s board, General Manager Luo extended warm congratulations to Comrade Chen Kuanli on his appointment as General Manager and to Comrade Qin Duqun on his appointment as Assistant to the General Manager. Newly appointed General Manager Comrade Chen Kuanli delivered an impassioned address, expressing gratitude to the Group’s leadership and the board for their trust and support, acknowledging the company’s years of nurturing and opportunities for growth, and thanking colleagues for their backing and assistance. He pledged to assume responsibility with courage, live up to expectations, and lead all employees of Shandong Company in working together to achieve even greater success. Subsequently, General Manager Luo announced the appointments of mid-level management personnel. He then held a collective discussion with the company’s leadership and all mid-level and senior cadres, explaining adjustments and promotions for certain leaders while setting forth specific work standards and requirements: 1. Leaders must maintain a high-level perspective, considering issues from the company’s overall standpoint, with the primary focus on enhancing the company’s overall economic performance. In particular, senior executives and the General Manager should not confine themselves to the narrow interests of their respective departments or merely manage their own areas; instead, they must strengthen their sense of the bigger picture and prioritize the broader interests of the organization. 2. Leaders must lead by example, taking the initiative and fulfilling their duties conscientiously. They should demonstrate diligence in their work, bravely shoulder responsibilities when facing challenges, and act proactively, leveraging their initiative and creativity. While adhering to rules and discipline, they must pay close attention to details, nip problems in the bud, and resolutely curb negative tendencies such as shirking accountability, blaming others, or passing the buck when issues arise, while simultaneously seeking credit and personal gain upon achieving results. 3. Leaders must fully motivate and energize their subordinates. They should delegate authority boldly while providing guidance, support, coordination, and appropriate oversight, effectively exercising the five core managerial functions of planning, organizing, directing, coordinating, and supervising. 4. Leaders must rigorously ensure task implementation and enhance execution capabilities, keeping in mind the principle that “one part planning requires nine parts execution.” Annual goals and plans should guide the way, with monthly sub‑targets for measurement, weekly task assignments, and daily detailed action items. Each day, clear priorities must be set according to urgency and importance—categorized into A, B, and C levels—and efforts should strive to complete tasks on the same day they are assigned, making effective use of the PDCA (Plan–Do–Check–Act) management cycle. 5. Hierarchical management should be encouraged, with each level accountable to the one above. Higher‑level supervisors may conduct inspections across levels but should avoid issuing instructions beyond their immediate scope, while lower‑level staff may bypass hierarchical reporting to raise concerns or questions directly. All cadres and employees should adopt a proactive attitude toward their tasks, accelerate action, strengthen communication and coordination, maintain appropriate boundaries, elevate their professional standards, and thereby improve job satisfaction. 6. Business operations remain the top priority. When undertaking external projects, leaders must be bold and decisive, daring to think, act, and take responsibility without fearing the risk of failing to deliver on commitments. At the same time, meticulous attention must be paid to budgeting, cost control, and timely settlement and collection, balancing aggressive revenue generation with careful expense management. 7. The balance between reform and stability must be carefully maintained. While preserving existing management structures, systems, processes, and regulations, leaders should boldly adopt and adapt best practices from peers, drawing inspiration from real-world conditions to innovate new ideas and approaches. It is essential to strike a proper balance between inheritance and innovation, between reform and stability, and between dismantling the old and building the new. 8. Integrity and public service must be upheld. In dealings with project managers, suppliers, and subcontractors, leaders must maintain ethical conduct, fostering relationships characterized by both closeness and clarity, while remaining vigilant and avoiding any financial missteps. 9. A clean and upright organizational atmosphere must be cultivated. Management should be guided by principles of fairness, impartiality, equality, and respect, eschewing favoritism or personal preferences in handling work and decisions. Efforts should aim to promote positive values, foster a culture of transparency, and generate constructive energy. 10. Exceptional circumstances require prompt consultation and reporting; quality or safety incidents must be reported immediately, with no concealment or cover‑up of adverse situations or misconduct. In closing, General Manager Luo expressed his hope that the newly appointed leadership team of Shandong Company would unite in spirit and purpose, approaching their work with a strong sense of ownership, and building a solid platform for their own growth and development. Under the firm leadership of the Group and the board, guided by the vision of “Higher Quality, Greater Happiness,” they will strive diligently, forge ahead with determination, carry forward the legacy of past achievements, and create new milestones, ensuring the enduring prosperity of Yuegong and leaving a lasting, positive imprint on its steady path of progress.
Series Activity One: The Group Trade Union Organizes the “Voluntary Blood Donation, Cherish Life” Charity Support Event On the morning of February 26, in response to the call from Donghu Subdistrict, the Group Trade Union organized employees from its Zhejiang‑based companies to participate in a voluntary blood donation drive at the Donghu Subdistrict. A total of 18 employees from various group departments, as well as from the Zhejiang and Machinery Companies, took part in the event. The participating employees arrived promptly at 10:00 a.m. at the blood donation vehicle stationed in the Donghu Subdistrict compound. Following medical staff instructions, they carefully completed the required forms, underwent blood sample collection and health screenings, and attentively listened to doctors’ explanations regarding precautions during the donation process. As bright red blood flowed through the tubing into the collection bags, smiles of satisfaction lit up their faces. Participants unanimously expressed that donating blood voluntarily helps those in urgent need of treatment—a truly beneficial act for both others and oneself—and is a duty every citizen should fulfill. They also pledged to lead by example, encouraging more people to join this noble cause. It is reported that the Group’s employees collectively donated 4,700 milliliters of blood, with six individuals having participated multiple times. Donating blood saves lives—love knows no bounds. Though our blood may be limited, our heartfelt compassion is priceless! Series Activity Two: The Group Youth League Committee Organizes the “Learn from Lei Feng” Book‑Gifting and Education‑Assistance Event In earnest implementation of the District Youth League Committee’s requirements to carry out activities themed around caring for left‑behind children on “March 5th Learn from Lei Feng Day,” and in active response to the Donghu Subdistrict Youth League Committee’s “Three Services” series of initiatives, on the morning of March 4, the Group Youth League Committee, as an organizing participant and representative of the book‑giving organizations, was invited to attend the “March 5th Learn from Lei Feng Day—Bringing Books to Schools, Volunteering to Donate Books” public service event initiated by the Donghu Subdistrict Youth League. Zhang Zhi, Deputy Secretary of the Group Youth League Committee, represented the organization alongside other book‑donation representatives, presenting a total of 1,152 books to 144 children from the Donghu Subdistrict Central Kindergarten. These books cover themes such as trust, filial piety, propriety, righteousness, wisdom, shame, diligence, and frugality. Notably, the Yuegong Youth League Committee contributed 24 sets of books, totaling 192 volumes. Our donation may seem like a drop in the bucket, but we are committed to doing our utmost to help children facing difficulties read more and read better, thereby contributing to the grand journey toward realizing the Chinese Dream of national rejuvenation!
At the Group’s 2019 Work Conference, President Ren Qiliang urged everyone to kick off the new year with renewed vigor, racing against time to lay a solid foundation for the entire year. With January now behind us, subsidiaries have been reporting encouraging results from their strong start to the month. Zhejiang Company achieved a double victory in both contract wins and component production: it secured contracts totaling nearly RMB 100 million, while its workshop output reached an all-time high, surpassing the monthly targets set for 2019 and establishing a robust base for meeting the Group’s annual contract‑value goals. Building on years of experience securing projects such as those for Suning in Shaoxing, Ningbo, Chengdu, Fuzhou, and Guiyang, the Marketing Department once again clinched the contract for the Suning Guizhou E‑Commerce Smart Industrial Park, valued at RMB 52.88 million—Zhejiang Company’s first order exceeding RMB 50 million in 2019. From bid registration to contract signing, the process took one month, involving multiple stages—including project manager presentations, initial pricing, quantity verification, second-round commercial quotations, and a final round of bidding—each handled with composure and meticulous planning, ultimately securing the project. The successful signing of the Suning Guizhou project reflects not only the team’s persistent follow-up, attentive service, and long-term client relationships but also the fruits of the company’s precise, end-to-end support for Suning projects, underscoring Suning Group’s recognition of our work. Meanwhile, the Manufacturing Department faced tight deadlines, heavy workloads, freezing weather, and employees returning home—but despite these challenges, they convened numerous coordination meetings, optimized scheduling, and worked overtime. While ensuring safe production, they pressed forward to meet component‑output targets, achieving impressive results: monthly component output rose 38.45% compared to the previous month and 59.18% year over year, marking a strong start to the year. To win the battle for timely collection of receivables during the Spring Festival, Chairman Luo Yinchang repeatedly chaired receivables‑collection meetings, emphasizing that sales staff must firmly embrace the principle that “collecting payments is more important than winning new business.” A detailed collection plan was formulated, an integrated coordination mechanism established, and a company‑wide collaborative effort launched, breaking down tasks to individual members within the Sales and Business Departments. Through a combination of telephone calls, written reminders, and on‑site visits—and with active cooperation from the Finance Department and other relevant units—over RMB 90 million was collected in January, bringing this critical campaign to a successful close and safeguarding the company’s cash flow for continued operations and growth. At the same time, several large-scale projects, including the Changzhou Hive Energy Power Lithium‑Ion Battery Project, continued construction throughout the New Year holiday period due to tight schedules. The project teams adopted the slogan “Not a single day lost—accelerate progress and seize every opportunity,” scientifically and rationally reverse‑scheduling work while proactively addressing safety, environmental protection, and civilized construction issues during the holiday, implementing rigorous control measures to ensure overall schedule adherence and quality and safety standards. To make a strong start to the year, the Machinery Company meticulously organized study sessions to thoroughly grasp the spirit of the annual conference, deeply understood and refined the year’s objectives, and defined a marketing strategy focused on “prioritizing major accounts while managing smaller ones” along with precise market segmentation. Under unified direction, the company consolidated existing resources, concentrated on key marketing priorities, and vigorously pursued various initiatives. In the first month of 2019, it successfully secured two major contracts—the Keqiao Cross‑Border E‑Commerce Industrial Park with 554 parking spaces and the Hangzhou Wujiao Plaza with 1,106 parking spaces—setting the stage for achieving its 2019 goals. This promising start to January exemplifies how each subsidiary and department within the Group has risen to meet diverse challenges with decisive action, pressing ahead with determination and striving to deliver their best performance. It stands as a meaningful New Year gift from all Yuangong employees to 2019, sincerely wishing Yuangong continued progress and renewed brilliance in the year ahead!
As the Spring Festival approaches, in order to ensure that the company’s care for retired employees and those facing severe financial hardship is truly put into practice, enabling them to enjoy a happy, joyful, and peaceful New Year, the Group Trade Union organized pre‑Festival visits and慰问 activities. On January 22, Wang Zhongyou, Vice Chairman of the Group Trade Union, together with Wu Jiamin, an officer from the Enterprise Management Department, and Liu Tianyou from the Manufacturing Department of the Zhejiang Company, visited and extended condolences to 19 retired employees. They brought holiday condolence payments on behalf of the company, conveyed New Year greetings, and encouraged the retirees to take good care of their health, enjoy their later years, and continue to follow the development of Yuegong. On the morning of January 25, Luo Xingchang, Vice Chairman of the Shandong Company Trade Union, led a delegation—including Zhao Bin, Manager of the Manufacturing Department and a member of the Trade Union Production Committee—on behalf of Luo Yinchang, Secretary of the Company Party Branch, and Gao Yanbin, Chairman of the Trade Union. The group paid visits to six employees facing severe economic difficulties. They went successively to the homes of Li Shangang, Wang Yeyun, Fu Yanqiang, Zhao Shuguo, and other struggling workers, delivering essential supplies such as cooking oil, rice, and flour, along with New Year greetings and best wishes. At each home, trade union officials engaged in warm conversations with the employees and their families, learning about their household circumstances and practical challenges. They encouraged everyone to maintain an optimistic outlook, build confidence, stay committed to their duties, work hard, and strive for personal improvement. The company trade union, they emphasized, is like a second family to all employees—a strong support system. During these visits, both employees and their families deeply appreciated the company’s heartfelt care, expressing sincere gratitude while also extending their New Year blessings to Yuegong, wishing the company steady growth and continued prosperity.
Yuegong Annual Gala Special | Capturing Moments, Unveiling the Stories Behind the Event
Starting from January 21, a year-end gala highlight reel titled “Splendid Moments Because of You and Me; Hand in Hand, Sharing Spring’s Warmth and Blossoms—The 2019 Annual Meeting of Yuegong Holdings Group Was a Spectacular Success” created a powerful wave of engagement on the group’s official WeChat account, garnering 285 views and over ten likes in a single day. Moreover, just one day after the event concluded, Yuegong employees received a congratulatory letter from Director He of the Shaoxing City Cultural Center, which read as follows: “First of all, I would like to congratulate all friends at Yuegong Group on the splendid and highly successful ‘2019 Yuegong Spring Festival Gala.’” “As a veteran cultural worker, I am deeply impressed by your dedication, professionalism, and pragmatic work ethic. In little more than a month—from conception and planning to choreography, coordination, stage rehearsals, and the performance itself—the timeline was tight yet demanding—a feat that is truly remarkable within the realm of corporate culture. “To a large extent, this reflects a spirit that has grown alongside Yuegong’s development and expansion, an ethos inherent from the very beginning. Corporate culture is the soul of an enterprise, serving as the driving force behind unity, harmony, and healthy progress. “To be honest, from an artistic standpoint, the Yuegong Spring Festival Gala excelled in its ideological depth, artistic merit, visual appeal, and entertainment value, making it one of the finest among corporate cultural events in the city. This success owes much to everyone’s earnestness, diligence, and unwavering commitment. “I sincerely wish Yuegong Group an even brighter future! May its corporate culture shine even more brilliantly next year! And I look forward to seeing the Yuegong Art Troupe become the emblematic representative of corporate culture in Shaoxing!” Director He’s letter was both candid and incisive, leaving Yuegong employees thrilled. Indeed, the melodious tunes and heartfelt performances of the gala still resonate vividly in every Yuegong employee’s mind. The event’s success can largely be attributed to the meticulous planning and skillful organization of this year’s preparatory team. But who exactly comprised this dedicated team? Let’s step behind the scenes together, unveil the mystery surrounding the organizing committee, and explore the stories behind the scenes of this memorable gala. --- **Group Leadership Showed Strong Support and Orchestrated Key Assistance** On December 4, 2018, President Ren Qiliang convened a special meeting to kick off preparations for the annual gala. During the meeting, the direction of the event was clearly defined, consensus was reached, and responsibilities were assigned, officially marking the start of the preparation process. To make this year’s gala even more outstanding, on December 6, President Ren called Director He of the Shaoxing City Cultural Center, inviting him to provide strategic advice and serve as artistic director. Upon receiving Director He’s preliminary agreement that same day, President Ren led a delegation—including Vice President of the Trade Union Wang Zhongyou, Office Director Ma Li, Youth League Secretary Li Juanjuan, and host Tao Yulan from the Finance Department—to visit the Cultural Center. There, they finalized the gala’s program details, confirmed the establishment of the Yuegong Dance Troupe, and invited professional dance instructors from the Cultural Center to coach the troupe in preparing their signature finale piece. On December 10, President Ren again invited Director He to visit the company to inspect the venue and stage. Following his expert recommendations, the decision was made not only to widen the stage but also to rent state-of-the-art lighting and sound equipment to ensure optimal stage effects. With President Ren’s strong support, on December 14, dance instructors from the Shaoxing City Cultural Center arrived at Yuegong, and the Yuegong Dance Troupe—formed jointly by 18 female employees from the Group and Zhejiang Company—was officially established. The troupe’s first major task was to determine the format and style of the opening and closing numbers for this year’s gala. Thanks to the robust backing and leadership of the Group, by December 20 the main program lineup had been largely finalized. On January 11, 2019, the gala’s acts successfully completed their stage rehearsals, and by January 17, all audiovisual equipment, lighting, and seating arrangements were in place. Finally, on January 18, 2019, the gala unfolded triumphantly! --- **Yuegong Dance Troupe and All Group Companies Go All Out to Prepare for the Gala** **Yuegong Dance Troupe:** Members of the Yuegong Dance Troupe came from various departments, including the Group Office, Finance Department, and Zhejiang Company’s Business, Marketing, Engineering, and Design Divisions. At the outset, many worried that such extensive deployment of staff might disrupt ongoing operations—especially in Zhejiang Company’s Business Department, where year-end bidding and settlement tasks already kept employees working overtime around the clock, juggling family responsibilities such as helping children prepare for final exams and caring for elderly relatives. Despite these challenges, the troupe members prioritized the greater good, overcoming obstacles by rehearsing during lunch breaks and weekends: when unable to attend formation practice due to business trips, they relied on teammates to mark positions; when payment deadlines prevented focused practice, they took home rehearsal videos to practice independently; and when movements were off or coordination lagged, they sought guidance from colleagues who danced better. Ultimately, both pieces performed by the troupe showcased commendable quality and earned unanimous praise from the audience, with the closing number “Entering the New Era” even winning the award for Best Performance. **Group Company:** As soon as preparations began, the Group Trade Union, Office, and Finance Department promptly convened brainstorming sessions, reviewing past gala programs and analyzing their formats and content. Participants unanimously agreed that this year’s event should break new ground and offer something unique. Beyond the already confirmed dance routine performed by the Group’s logistics team, they hoped to introduce another distinctive act that would captivate audiences. After deliberation, attention turned to a situational drama, leading to the creation of “When You Are Old.” With the theme set, questions arose regarding scriptwriting and how performers could fully embody their roles. To address these issues, Vice President Wang Zhongyou, Director Ma, and others spearheaded discussions among cast and crew, drawing inspiration from televised skits to craft a vivid and compelling story. The resulting play, “When You Are Old,” was presented at the gala and received high acclaim. Notably, both the dance and the situational drama submitted by the Group Company were honored with the title of Best Performance. **Zhejiang Company:** To ensure top-notch quality, Zhejiang Company leveraged its experience from previous years, carefully selecting performers, performance formats, and content. After multiple adjustments based on practical considerations, they decided to retain the Manufacturing Department’s grand chorus and traditional skit while adding a comedic crosstalk routine tailored to individual strengths. Performers were encouraged to devote their spare time to intensive rehearsals, striving to deliver their best possible performances. Even amid the hectic year-end production schedule and heavy workload of bidding activities, the company actively collaborated with relevant Group departments, reallocating personnel to participate in the gala. Department heads provided strong support, doing everything possible to adjust workloads so performers could dedicate more time to rehearsals. Thanks to the collective efforts of all involved, the company achieved impressive results on gala day. In particular, the crosstalk routine “News Talk,” performed by Zhang Zhi and Liu Tianyou, won recognition from the judges for its innovative format and outstanding individual performance, earning the award for Best Performance. **Mechanical Company:** During the gala preparation period, the company was simultaneously undergoing certification review for specialized equipment manufacturing. To avoid delaying work while maintaining high-quality standards, management decided to prioritize completing the certification first, then fully commit to gala preparations. On December 22, the certification review concluded smoothly, and the company immediately convened a meeting to form a performance team. Drawing on experiences from the previous two years, they quickly assembled a 15-member ensemble comprising staff from various departments and the Manufacturing Division. On December 23, the team engaged in extensive discussions and ultimately selected three acts: a dance themed around frontline workers, “The Most Beautiful Workers”; a musical poetry recitation highlighting gratitude and steadfast conviction, “Brave Souls, Boundless Skies”; and a duet celebrating classic memories from the 1970s and 1980s, “Iron Will and Noble Heart.” Following this selection, intensive rehearsals commenced from December 24 through January 13, 2019. However, due to the concentrated workload at year’s end, frequent business trips posed significant challenges to regular practice. Despite these difficulties, everyone remained fully committed: understaffed teams continued rehearsing as usual, filling gaps with catch-up sessions after returning from assignments, and some members even worked late into the night after rehearsals to accommodate others’ schedules. From January 8 to 17, 2019, costumes were finalized, dance music edited, recitation accompaniments arranged, and props prepared—all under the shared sense of collective pride. On January 18, the performance lived up to expectations, with “The Most Beautiful Workers” winning the award for Best Performance. **Shandong Company:** Upon receiving notification from the Group, both the Party branch and the Trade Union attached great importance to the matter, convening two emergency meetings specifically to discuss gala preparations. They ultimately settled on two acts: a small-group choir performing “Sunshine Always Follows the Storm,” and a male-female duet singing “Let’s Not Be Friends Anymore.” Although the program was set, the company faced a busy December 2018 filled with numerous orders and heavy production demands. With performers hastily assembled from various departments, rehearsals could only take place on Sundays or after work hours. After three weeks of practice, the program began to take shape. To ensure timely arrival at the Group headquarters and a smooth performance, all cast and crew rose early on January 17, 2019, gathering at 5:30 a.m. and setting off from Shandong by car. Along the way, they sang and practiced “Sunshine Always Follows the Storm,” eventually arriving safely in Shaoxing after an 11-hour journey. On January 18, the small-group choir’s rendition of “Sunshine Always Follows the Storm” was awarded Best Performance. --- **The Gala Organizing Committee: Meticulous Attention to Detail, Impeccable Coordination** Many have remarked that this year’s gala was exceptionally well-organized and meticulously attended to—not only by Yuegong employees themselves but also by external guests and project managers, who felt right at home. This was made possible by the dedicated organizing committee. Led by Vice President of the Trade Union Wang Zhongyou and Office Director Ma Li, the committee included representatives from the Group Office, Youth League, and Logistics Departments. Under the careful planning and preparation of these two leaders, along with the concerted efforts of all committee members, every aspect of the event—from venue setup and gift procurement to guest reception, banquet organization, and post-event arrangements—was handled with utmost care and precision. Anticipating needs beyond what others might imagine, they ensured that attendees received comprehensive support. It was precisely their quiet dedication that enabled the smooth execution of a conference involving over 200 participants and a banquet featuring more than 30 tables, allowing everyone to enjoy a relaxed and joyful atmosphere. --- **The Gala Hosts Shine Brightly, Making a Stunning Debut** This year’s gala hosts were none other than Qiu Zhangqi from the Group Youth League and Tao Yulan from the Finance Department—two dynamic personalities whose presence alone electrified the entire audience. Their energetic, humorous opening remarks, combined with their confident stage presence and charisma, left spectators applauding without hesitation.On the stage, we may see their polished, glamorous appearances and hear their eloquent speeches, but putting together a nearly four-hour annual gala takes more than simply reciting a script. Before the event, they humbly sought guidance from the previous year’s host—Chen Jian, Head of the Group’s Corporate Management Department. Under Director Chen’s patient mentorship, they revised the script again and again, double-checked every detail, and rehearsed tirelessly—until they had mastered every aspect of the gala. Of course, the story behind the annual gala goes far beyond this. There are countless Yuegong employees who have quietly dedicated themselves to making it happen, and we should applaud and cheer for them as well. It is precisely their dedication and hard work that have brought us this grand celebration—a true gathering unique to all of us at Yuegong!
The wheels of history keep rolling forward. Today, the people of Yuegong have bid farewell to 2018—a year filled with dramatic changes, surprises, and joys—and welcomed 2019, a year brimming with uncertainty, fraught with both risks and opportunities. In 2018, Yuegong forged ahead through challenges, embracing reform and innovation while striving for higher quality and greater efficiency. During this year, Yuegong embarked on its journey toward an IPO. In line with the requirements of the listing process, it gradually standardized its corporate governance framework and internal systems, working diligently to achieve outstanding results and laying a solid foundation for the company’s public offering. Also in 2018, Yuegong further refined its green prefabricated construction system. With technical support from Zhejiang University, the company conducted theoretical analyses, finite element modeling, and experimental studies, explored structural joint optimization, and carried out mechanical tests at Zhejiang University and Zhejiang Sci-Tech University. Based on these efforts, Yuegong formulated and released its “Bolt–Tube Concrete Structural System Enterprise Standard.” Throughout the year, Yuegong actively launched the “Innovation and Excellence” campaign, which proved both practical and effective. Notably, the company made breakthroughs in market expansion: the Shandong branch secured contracts totaling over 500 million yuan, including two individual projects each exceeding 100 million yuan; meanwhile, sales representative Dou Zhongxing signed contracts worth more than 200 million yuan in a single year. Demonstrating courage to tackle tough challenges, Yuegong successfully completed the renovation and upgrade of the Shaoxing Hotel. Led by General Manager Hua Yuwu of the Zhejiang branch, the team endured a significant political test, strengthening their resolve, boosting their confidence, and showcasing Yuegong’s unique corporate culture—adding luster to the Yuegong brand. Additionally, the successful development of an eleven-story vertical lift parking system marked another milestone in Yuegong’s parking‑garage portfolio. At the same time, we faced risks stemming from safety concerns and financial guarantees. The experiences of 2018 teach us a crucial lesson: outcomes often diverge from expectations, but success ultimately depends on our actions. As 2019 arrives as scheduled, are the people of Yuegong ready? Today, the world is rife with “black swan” events and “gray rhino” risks—unforeseen occurrences whose causes, timing, and impacts remain uncertain. Yet one thing is clear: those who complain stop; those who act succeed. No matter how complex global conditions may be or how severe domestic economic pressures grow, we must face them bravely and strive to be our best selves. I believe this is the most promising path forward. To become better, we must look inward, strengthen our own enterprise, and fine-tune every critical element—people, organization, structure, and investment philosophy—while wholeheartedly focusing on building resilience and adaptability to meet market changes head-on, riding the waves and leading the way. To improve ourselves, while staying true to Yuegong’s strategic direction, we must fight three decisive battles: First, persist in pursuing an IPO and steadily advance into the capital markets. We will continue to rigorously implement all necessary compliance measures, expand production, reduce costs, enhance efficiency, and generate optimal economic returns—all in pursuit of meeting the stringent criteria for listing and taking each step toward that goal. Second, drive innovation and bring two new products to market. Yuegong will maintain a strong emphasis on both managerial and technological innovation. Building upon its internally refined green prefabricated construction system, Yuegong will introduce it to the broader market; meanwhile, the newly developed multi‑storey parking garage should gradually evolve into one of the company’s flagship offerings. Third, create value and proactively manage and mitigate various risks. Generating value is not only the core mission of any enterprise but also the cornerstone of sustainable growth—and the most effective means of averting potential hazards. Therefore, we will always prioritize improving efficiency and profitability, ensuring the overall health of the company. At present, the primary risks facing Yuegong fall into two categories: safety risks and financial risks. We must remain vigilant, take proactive measures to address these issues, and safeguard the company’s long-term stability. The hard work and achievements of 2018 have given us confidence and hope, while the goals and tasks set for 2019 provide us with direction and motivation. When hearts are united, even Mount Tai can be moved! As long as all members of the Yuegong family pull together, unite in purpose, rise to challenges, and pool our strengths to win these three critical battles, Yuegong will surely move toward sound development and high-quality growth. I firmly believe that our objectives are attainable—and they will certainly be achieved! Finally, on behalf of the Yuegong Board of Directors and Party Committee, I would like to extend my heartfelt gratitude to all Party members and employees for their tireless efforts and invaluable contributions throughout the past year. I also wish you all good health, smooth progress in your work, and happiness in your families in the year ahead!
“The sharpest sword is forged through relentless sharpening, and the sweetest fragrance of plum blossoms arises from bitter cold.” 2018 was another milestone year in the history of Shandong Company. With unity, concerted effort, and tenacious dedication, all cadres and employees successfully fulfilled the annual business objectives. In particular, the Marketing Department overcame numerous challenges and achieved key breakthroughs: building on a 2017 contract value exceeding RMB 400 million, it reached a new high in 2018, surpassing RMB 500 million, and for the first time secured an individual project contract worth over RMB 100 million. To fully recognize the marketing achievements of 2018 and to build on past successes toward even greater accomplishments, the company held a marketing conference on January 13, 2019, themed “Unity, Strength, Progress, Innovation, Cooperation, and Win-Win.” More than 40 participants attended, including all marketing staff, project managers, and mid-level and senior management personnel. The meeting was chaired by Deputy General Manager Chen Kuanli. First, Mr. Chen delivered an enthusiastic address, commending the outstanding performance of the company’s marketers and project managers in 2018. He expressed gratitude to the project managers for taking time out of their busy schedules to attend the marketing conference, and urged them to continue upholding the “Four Thousand Spirit” in 2019—tackling difficulties, seizing market opportunities, driving innovation, and securing more large-scale contracts. Deputy General Manager Chen Kuanli’s Address Next, Deputy General Manager Wang Ming read aloud Shandong Yuegong Document No. 02 (2019), “Decision on Commending Project Managers Including Deng Chuanwu.” Chairman and General Manager Luo Yinchang presented ribbons, certificates, and cash awards to the honored recipients. Deng Chuanwu, Chen Qingfeng, and Ren Xiantao, who won first-, second-, and third-place awards respectively as Outstanding Project Managers, took to the stage to share their acceptance speeches and construction experience, and outlined their plans for further strengthening and expanding their project teams. Deputy General Managers Gao Yanbin and Ma Yongfu also spoke on behalf of the production and technical departments, emphasizing how they would better support and safeguard the marketing efforts going forward. Speech by Outstanding Project Manager Deng Chuanwu The meeting concluded with remarks from Chairman Luo Yinchang. On behalf of the Group leadership and Shandong Company, Chairman Luo extended warm congratulations to the award-winning project managers and two marketing professionals who received the Group’s “Market Development Award.” He also expressed heartfelt appreciation for the remarkable achievements of the company’s marketers and project managers in 2018. Chairman Luo emphasized that China’s steel structure construction market is currently thriving, with very promising prospects ahead. He urged all project managers and marketing personnel to seize this favorable opportunity, leveraging the company’s marketing policies to comprehensively achieve the 2019 marketing targets. Taking this occasion, Chairman Luo also set forth specific expectations for project managers, calling for integrity and trustworthiness, unwavering quality assurance, robust safety measures, respectful stewardship of the platform, broader strategic vision, continuous learning, gratitude, and contributions to improving people’s livelihoods. Chairman Luo Yinchang’s Address The conference concluded in a joyful, harmonious, and inspiring atmosphere. In 2019, we will remain true to the spirit of the meeting, working hand-in-hand with our project managers and marketing team—“united in heart, strength, and purpose; advancing together through innovation and cooperation—for mutual success.” As we embark on 2019 and take the next steps toward realizing our dreams, we will forge ahead with creativity and adaptability, adopting a fresh outlook and renewed momentum to write a new chapter for Yuegong!
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