Party Secretary and Chairman Zhang Wanshun of Sinolight Corporation and His Delegation Paid A Visit to the Company for Survey and Guidance

Browsing volume:250 Hits: Source: Date:2019-04-01

On March 19, Zhang Wanshun, Party Secretary and Chairman of Sinolight Corporation, Duan Zhaoqing, Chief Accountant, Dong Jianhui, Director of Planning and Development, and other leaders visited the Company for survey and guidance. Party Secretary and Chairman Xu Datong of China Haisum Engineering Co., Ltd. led the whole leading body and the heads of some functional departments to participate in the survey presentation.

First, Xu Datong reported to the corporation leaders on behalf of the Company's leading body on the "production and operation", the "progress of strategic planning" and the "key assignments in 2019” of China Haisum Engineering Co., Ltd. Chairman Xu gave a detailed description of the focuses of strategic planning: The measures and safeguard liability system for promoting the implementation of "unified platform building"; he stressed again that China Haisum Engineering Co., Ltd. would, under the strategic guidance of Sinolight Corporation, establish rational planning, promote strategy implementation in earnest, and see the formulation, implementation and promotion of the strategic planning 2018-2022 as a new opportunity and driving force of development of Haisum.

The members of leading body and the heads of functional departments present at the meeting talked about their comments and suggestions on the Company's strategic planning and platform building implementation.

After the debriefing, the corporation leaders gave full credit to the formulation of China Haisum Engineering Co., Ltd.'s strategic planning, especially the measures for its promotion, and brought forward their suggestions on the revision of strategic planning and the guarantee for implementation of unified management platform building.

Dong Jianhui was moved and heartened by the detailed report of China Haisum Engineering Co., Ltd. and expected the Company, as the only publicly traded company of Sinolight Corporation, to grasp the main line of endogenous development while seeking development in an extensive way.

Duan Zhaoqing's directions are as follows: First, it's essential to improve the stance, think about the strategic layout based on the strategic positioning as a "science and technology-driven international engineering company", and accelerate the development. Second, it's essential to improve the cooperative capability, address the issues of internal coordination and integration, and create an integrated and coordinated parent-subsidiary system of listed company. Third, it's important to enhance the efforts for development in emerging industries, perform studies on how to launch industrial investment and operation in related fields, seek constant business expansion, and break the bottleneck of development. Fourth, it's advisable to push forward the extended M&A restructuring in good time, establish more detailed M&A standard, establish work teams, make clear the approaches and methods, take the initiative, and seek steady implementation. Fifth, it's important to improve the capital operation capability, give play to the investment and financing functions of listed company platform in conjunction with the extended M&A restructuring and the expansion towards emerging industries, and take capital operation as a "booster" that stimulates the great-leap-forward development of China Haisum Engineering Co., Ltd. Sixth, it's essential to enhance risk control, especially that over EPC business. Seventh, it's important to take full advantage of the existing policy dividends and windows to perform bold trials and reforms, and to make adequate, proper and flexible use of relevant resources of the Corporation.

Zhang Wanshun affirmed the achievements of China Haisum Engineering Co., Ltd. in the progress of strategic planning formulation. In the meantime, he raised the following requirements for the subsequent steps of operation: First, perform further breakdown, and guarantee the execution. Properly organize the formulation and publicizing & implementation of planning from the perspective of stance elevation, and let every department and employee learn about the planning content and the strategic orientation and concepts of enterprise through information session, thereby unifying the understanding, putting heads together to establish the regulation and system, and implementing the improvement. Second, seek innovative thinking and all-around development. Survival problems must be solved through innovative thinking. Activate employee's enthusiasm through innovative interests mechanism; deal with the internal disordered competition through innovative "game rule"; find the Company's industry development orientation and channels under the present circumstances through the innovative thinking of extended development; it's necessary to find promising industries with high market capacity based on the M&A rules established by the Corporation, and to move ahead steadily on the premise of risk control. Third, attach importance to compliance awareness for risk precontrol. Risk management must be incorporated in each single management function, and all the departments shall see themselves as the subject of risk management responsibility. Party members and cadres shall be instructed to comprehend the "eight regulations of austerity" proposed by the Party Central Committee, and to keep the organization and the mass in mind. Find the balance between business development and observation of discipline. Zhang Wanshun stressed that the strategic plan of the Corporation only presented the orientation, and that the subsidiaries shall understand the Corporation's strategic orientation, and establish their own strategic plans, which should be the only way to ultimately promote the growth of Sinolight Corporation as a whole.

In the end, Xu Datong declared his determination on behalf of the leading body: China Haisum Engineering Co., Ltd. would learn and comprehend the corporation leaders' requirements in earnest, improve the political stance, do a good job in the formulation and implementation of plan, seek unified thoughts and cultural integration, and effectively enhance the headquarters management platform so as to push the development of China Haisum Engineering Co., Ltd. to a higher level.

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