Building consensus, laying foundation, and fighting for the coming year! 27th January witnessed the grand holding of Hailiang Stock 2018 Annual Meeting & 2019 Business Target Accountability Singing Ceremony. Nearly 200 middle and high-level managers from the headquarters and production bases in the world gathered together in Zhejiang base to exchange experience in laying a solid foundation and clarifying initiative to welcome a fruitful 2019.
2018 is destined to be an extraordinary year when China's economy has entered a new stage of development against the backdrop of a turbulent and unpredictable global economic situation. Crisis has become normal.
In this same year, Hailiang Stock, through adhering to its sound business philosophy and rising against the trend, achieves both sales and profit growth and strengthens the company's leading position in the industry. Further, with its comprehensive and overall macro-view layout, the company’s vision to become an “international giant in nonferrous material smart manufacturing” has been accelerated and will eventually turns into a reality!
Chapter One: Summary
During the first half of the meeting, the heads of Financial Management Center, Marketing Management Center, Blue Collar Ecosystem Engineering, Keyu Company, Guangdong Copper and Shanghai Copper , etc. reported on 2018 work and 2019 plan. They have expressed their willingness to strive for a new look, new achievements, and new breakthroughs.
Those who set strict demands on themselves will never indulge in the glory of the past, but rather seek the cause and effect for success. At the meeting, all departments and subsidiaries of Hailiang Stock actively concluded the experience of the past year, analyzed the existing problems, exchanged and shared their experience, laying a solid foundation for Hailiang Stock to rise up to challenges and make a good start for its business in 2019
Zhangquan Zhu, chairman and general manager of Hailiang Stock delivered a keynote speech on "Stand Firm in 2009 while Consolidating the Cornerstone of Development". During the speech, general manager Zhu comprehensively reviewed the implementation of the company's business and key tasks in 2018.
General manager Zhu noted that we are now facing a very big turning point with strong uncertainty from the external environment and extremely intense market changes. However, the full support from Hailiang Group and the efforts made by all Hailiang people contributed to the satisfactory result of 2018. The company not only successfully completed the various business indicators formulated at the beginning of 2018, but also achieved major breakthroughs in project investment construction, operational mode optimization, human resource construction, blue-collar project pilot, R&D system construction, mergers and acquisitions, and equity financing..
He pointed out in particular that the company's achievements in profit center adjustment and technology R&D are extraordinarily satisfactory. In terms of copper tube production, the company has undisputedly ranked among the leaders in the industry from just a nobody. It is worth noting that products produced by Hailiang Stock has become an industrial standard concerning several indicators.
Zhu also made an in-depth analysis of the current external economic situation and the development trend of the industry, followed by a clear explanation of the company's 2019 business objectives, strategic initiatives and key task assignment to the participants. Zhu emphasized that Hailiang Stock has to embrace the challenge and achieve more stable development at this turning point. In the long run, 2019 is the key year for solid development. As long as we Hailiang people do a great job in 2019, the 2025 strategy will be inevitably realized!
Jianguo Cao, chairman and president of Hailiang Group, delivered an important speech and expressed his sincere joy and congratulations on the achievements of Hailiang Stock. An elaborate analysis concerning the competitive advantages of Hailiang Stock in product type, fast delivery, advanced product technology, cost-saving, steady strategic investment, and maximum resource aggregation was also made.
He said that under the leadership of general manager Zhu, Hailiang Stock has undergone tremendous changes in both production efficiency and management level. He believes that Hailiang people will continue to maintain the spirit of confronting adversity and reflect on shortcomings to greatly consolidate the advantages and achieve great strides.
At the meeting, Hailiang Feng, Chairman of the Board of Directors of Hailiang Group, made important instructions and highly praised and affirmed the achievements of Hailiang Stock in the past year. Chairman Feng made a detailed analysis and strategic guidance on the development of Hailiang Stock.
He clearly stated that team is the core competitiveness of Hailiang Stock. The team led by general manager Zhangquan Zhu is not only the best in the industry, but also the best in the country! He said that in the economic environment last year, private enterprises were faced with a big test. The bigger the enterprise, the greater the test, but Hailiang withstood the test and responded with a result that not only satisfied the society and but also made Hailiang people proud of. Hailiang Stock contributed a lot to such a result. What is even more commendable is that Hailiang Stock has achieved a fast growth in sales and profits for six years in a roll in the context of price war in the industry, meriting the reputation of industry benchmark. Now we can say that Hailiang Stock has already possessed a systematic and comprehensive competitiveness and deserves to be called "invincible" in market competition!
Chapter Two: Singing Agreement
The second half of the meeting holds the 2019 Accountability Singing Ceremony. Under the witness of Hailiang Stock management team, President Cao, on behalf of Hailiang Group, signed a 2019 business target accountability agreement with Hailiang Stock, whereas general manager Zhu, on behalf of Hailiang Stock, signed business target accountability agreement with heads of the Copper Pipeline Division and the Shangyue Profit Center, further clarifying the tasks in 2019.
Through the assignment and implementation of this target accountability system, the responsibilities of each department in 2019 are clearer, laying a foundation for the company to continue to enhance its innovation management capabilities, competitiveness and sustainable development in the new year.
At the end of the signing ceremony, general manager Zhu led the Hailiang Stock management team to take a solemn oath on work style and promised to foster an honest, pragmatic, stable, efficient and excellent working atmosphere in Hailiang Stock.
Chapter Three: Honoring
At the meeting, advanced collectives and advanced individuals in 2018 were also honored and rewarded for their hard work and outstanding contributions to the company. Hailiang's 2019 Outstanding Contribution Award and the Consecutive Outstanding Contribution Award were won by the Purchasing Management Center and Shanghai Hailiang Copper.
Chapter Four: Happy Reunion
Not only Hailiang Stock gathers a large number of talents, but also the talents themselves has nurtured a distinguished generation. As the meeting concluded, they performed wonderful program to all participants.
Expectation
2019 marks a major turning point in the new era. It is also crucial for the implementation of its 2025 strategic goal! In the face of the complex and ever-changing global economic environment, Hailiang team will work together, lay a solid foundation, and embrace changes. It is believed that the 2019 performance indicators will be fulfilled and the cornerstone will be laid, which is a solid step forward the great vision of becoming an international giant in nonferrous material smart manufacturing.