The company held its 2019 mid-year economic work meeting

7 August 26 In the morning, the company's 2019 mid-year economic work meeting was held in the company's comprehensive building auditorium. The meeting carefully summarized the economic work in the first half of 2019, focusing on the central issue of ensuring the completion of various targets set by the group company. The aim was to identify shortcomings, implement measures, further unify the thoughts of all company cadres and employees, and lay a solid foundation for better completion of the work in the second half of the year. Company leaders and extended leadership members, heads of departments, managers, secretaries, chief economists, and chief accountants from various grassroots units attended the meeting, which was presided over by General Manager Cui Yongzhi.

Company Vice President Kong Xinghu first reported on the operation work in the first half of 2019, respectively from the bidding situation; the contract signing situation, including the operating amount, contract amount, completion of indicators by various grassroots units, operating areas, industry divisions, regional operation situation, and performance entry of the four libraries and one platform; problems existing in the operation work, such as internal problems and market environment problems. A statistical report was made on the key major projects in the second half of 2019, and five improvement measures were proposed for the operation work in the second half of the year: implementing systems, improving operational control, consolidating advantages, expanding the operating market, innovating models, improving operating quality, strengthening on-site management systems, promoting operations through production, and adhering to a problem-oriented approach to bravely overcome difficulties.

Company Chief Accountant Zhang Yuling reported on the financial work in the second half of the year, proposing three arrangements: sorting out one by one, promoting production, and achieving output value. The company should continuously improve and achieve good results in management fees, asset-liability ratio, unfinished construction, raw materials, prepaid accounts, and advance payments; at the same time, she reported on the company's payment and receipt situation from January to June, the growth rate of internal loans among various departments, and the completion of indicators by various departments; finally, she reported on the work plan and key points for the second half of the year in terms of operating income, total profit, management fees, asset-liability ratio, unfinished construction, and accounts receivable.

Company Chief Economist Lv Chunping reported on six aspects: the completion of the main economic business data of various departments in the first half of the year; the preparation and reporting of cost plans—mid-year cost plan statistical analysis; the reporting of responsibility system formulation and risk fund payment; the settlement situation of grassroots units and the settlement plan for the second half of the year; the main problems and requirements in economic management, such as problems in construction contracts, cost plan preparation, subcontracting management, and project settlement; and economic analysis of typical projects.

Group discussions were held in Conference Room 3 on the fifth floor and the Party Building Reading Room on the third floor at 2 pm.

At 5 pm, Chairman Gu Yongmao of the company made a summary of the meeting in the comprehensive building auditorium. First, he affirmed the achievements made in the operation, finance, and economic business work in the first half of the year. At the same time, he hoped that various departments and units would implement the existing problems, come up with practical measures and methods, and put forward the following requirements:

1. Strengthen confidence, overcome difficulties, and ensure the successful completion of various indicators. Chairman Gu required that all tasks be 100% completed by the end of the year. Although the pressure is great, we must maintain confidence and achieve breakthroughs in operating revenue. In terms of contract value, we need to improve both internally and externally. Internally, we need to organize production well; externally, we need to work hard to achieve this. In a favorable environment, we need to understand the market form, keep up with the times and market changes, and continuously enhance measures and methods to cope with market fluctuations. Adhere to the "going out" strategy. The market needs us to explore ourselves. For obstacles to progress, we must dare to challenge and break through, laying the foundation for going out, while seizing the opportunities brought about by industrial transformation and upgrading, and grasping the market in the process of upgrading and transformation. In our work, we must overcome the fear of difficulties and dare to meet challenges head-on when encountering difficulties. There are always more solutions than problems. Difficulties are both opportunities and challenges. Only by constantly overcoming difficulties can we develop strong skills. At the same time, in the company's business development, we must develop in depth, broaden the scope, seize opportunities, and continuously improve the company's development platform.

2. Enhance the awareness of potential risks and strive to prevent and control risks. Success does not lead to arrogance, and failure does not lead to discouragement. When achieving success, we must be aware of our own shortcomings and problems. When encountering problems, we must meet them head-on. We must be vigilant against the slack state, complacency, and lack of ambition among a few cadres and employees. In a rapidly changing society, only by establishing a sense of potential risks can we gain a foothold. Like a boat sailing against the current, if you don't advance, you will regress.

3. Make every effort to complete the organization and implementation of major group projects. Projects such as the Laos refinery, Xiangli Expressway, and the relocation of poverty-stricken people from the eighth department should be completed in accordance with the requirements of "guaranteeing four aspects, establishing one aspect, and controlling one aspect".

4. Strive to complete the company's restructuring work.

5. Strengthen process cost control. Not talking about cost is irresponsible. Under the new economic situation, we must give full play to the functions of cost management and cost control to improve the economic efficiency of the enterprise.

Finally, Chairman Gu urged all cadres and employees to strive for better results in the second half of the year and ensure that all task indicators are successfully completed.

[Party Committee Work Department Kong Dezun]