On July 7, the work summary meeting of Hangzhou Xinfeng Magnetic Materials Co., Ltd for the first half of 2021 was solemn held in the Headquarters Conference Room. The main purpose of the meeting is to comprehensive combing the situation in the work that carry out in the first half year. Sum up experience and analyze insufficient for the next half year of the work clear goals and ideas. Mobilize the broad massed of cadres and staffs to forge ahead in adversity, seek vitality in the crisis and strength the confidence and determination to break through the situation. Ensure the successful completion of the company’s annual targets and tasks.
At the meeting, the general manager of Xinfeng Magnet—Mr. Liu attended the meeting and made an important speech entitled “Overcome hard to seek progress, create Xinfeng Magnet stable innovation and harmonious development of new situation”. General Manager Liu pointed out that in the first half of this year, Xinfeng company made new progress in dealing with the severe economic situation and achieved new results in the complex situation. Since this year, the magnetic material market is in a state of constant volatility. The management of enterprises is facing severe tests. In the face of severe situation, all the cadres and staffs of Xinfeng Magnet unite and work together against the odds and achieve good results in various work with courage for reform, aggressive spirit, struggling spirit. From the rare earth branch level, first is to overcome hard to seek progress in economic operation. Second is the management team and governance structure are sound and steadily progressing. Third is steady progress was made in building harmonious enterprises and cultures. At the Samarium Cobalt level, first is both production and sales are flourishing. Second is effective cost control was achieved. Third is solid and effective measures were taken to reform internal rewards, punishment and incentives. At the Alnico branch level, first is clear in the process of production, delivery and control. Second is in recent decades there have been external and internal factors, Alnico production tonnage burst through the historical peak. Third is the team is getting younger and more dynamic. General manager Liu pointed out the current problems, and had a scientific analysis about situation that Xinfeng Magnet faced in the second half year.
The general manager emphasis on that we should firm up confidence, scrambling and full speed ahead to the next step.
First is to open the market, improve quality and increase output, focus on increasing income and efficiency. Further strength on magnetic materials marketing. Further highlight the source management, and strengthen the control and assessment of raw material entry “Medicine material is good thus the medicine is good.” Further strengthen on production management, optimize the development layout, strive to maintain normal and balanced production and steady improvement. Benefit from production.
Second, we will control the budget, reduce expenses and expenditures, focus on save expenses and energy consumption. With the comprehensive budget as the overall focus, carry out Annual Responsibility Target and implemented to reduce costs. Make sure to increase the yield to 95% on top of 92% in January-June of the NdFeb Magnets and SmCo Magnets production pass rate so that the corresponding cost savings can be transferred to customers. In addition, establish the linkage mechanism of improving the pass rate, effectively controlling the corresponding cost and increasing the salary of staffs, and reward the part of cost reduction to corresponding them, mobilize the enthusiasm of staffs to save energy and reduce consumption, so that make saving energy and reducing consumption can become the conscious behavior of every staff. Manage the funds strictly, and investments that have nothing to do with safety production and have no benefit, even if the budget is available, it should be cut and slow down as you can.
Third, focus on grassroots level, strengthen training, strict supervision and essential security. In the current severe economic situation, leading comrades at all levels, especially the main leadership of the enterprise to grasp the energy of safety can’t be dispersed, the input of safety production can’t be reduced, the safety management system can’t be lax! We should fully realize that safety issues are related to the overall development of enterprises, the well-being of employees, and we should always maintain reverence for life. Strictly put the safety of workers in the first place, we will not ignore safety or relax regulation just to catch up with production and the task.
Finally, in the years report, the general manager affirmed the achievements made in the first half of the year, also haven’t avoid the problems and put forward the specific strategies and measures. And hope everyone to recognize their own problems, discuss it after meeting. Come up with practical plans and assign responsibility to people, coagulate heart gather force and seek common development. Accompanied by sincere for customers and suppliers, integrate knowledge and action in the work and do a good job of the company’s core competitiveness. Aim at the market and customer demand, fast forward the company’s operation and management reform.
This meeting is an important meeting for Xinfeng company in the middle of the year, which is not only the summation of the development achievements and experience in the first half of the year, but also the mobilization and encouragement meeting for the overall deployment of the work in the second half of the year. It is believed that all Xinfeng staffs will take this conference as an opportunity to further innovate ideas, forge ahead, unite and work efficiently, and lay a solid foundation for completing all tasks and objectives in 2021.
The meeting was attended by more than 280 people, including members of the leadership of each branch, some workshop production staffs, all sales colleagues, Supply Department, Quality Control Department, Quality Inspection Department, Administration Department, Human Resources Department and Finance Department.
Post time: Aug-02-2015