Hunan Luzhi New Material Technology Co., Ltd.

The third-quarter meeting of the Admixture Division was held at the headquarters in Changsha.

2024-10-15

News / Lu Zhi News Flash

2024 Work Conference

October 2024 8th of the month, Lake South Road Wisdom New material Additives Division At the new R&D center in the West Building of Huda Science and Technology Park, the Changsha headquarters, a meeting was convened. Opened 2024 Season Three Operational degree Analysis Meeting. Company Chairman Wang Xianghong, Deputy General Manager Wen Yanlong, heads of relevant departments, regional managers, and newly hired employees in the admixture department. I attended this meeting.

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General Manager Wen's statement

At the start of the meeting, General Wen asked the newly hired employees who had joined recently to introduce themselves. Then... Notified Operating performance of the Admixture Division for the third quarter, and... On the current state of the industry To carry out Analysis ， Specifically includes market demand, expansion of application areas, competitive landscape, product technology, raw material supply, and environmental protection policies. 。 At the same time, analyze existing problems and clarify them. Work ideas for the fourth quarter.

In addition, all employees of the business unit are reminded to continue strengthening cost management and control, as well as to both increase revenue and reduce expenditures. Enhance regional management capabilities, reduce capital occupancy rates, and improve capital turnover efficiency.

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Departmental Work Coordination

At the meeting, heads of relevant departments provided explanations and communicated on their respective key tasks and matters requiring coordination. The specific highlights are as follows:

I. Wang Xiangtao, head of the Admixture Division, highlighted the collection status of each project and provided detailed updates accordingly. The project manager responsible for the repayment must track and confirm each payment receipt before the New Year.

II. The finance department proposed stepping up efforts to collect payments and offered the following recommendations: Problems encountered during the collection process Summarize the report and discuss with General Wen to devise the next course of action.

Three, R&D Center: We have currently completed several formulations for high-performance water-reducing masterbatches and conducted an analysis and explanation of the performance, advantages, and disadvantages of each masterbatch.

4. Operations Department: We have publicly disclosed the bid-winning projects and bidding costs for each region in the third quarter, and are urging all regional teams to develop and implement recovery schedules for performance bonds. 。

Chairman’s Work Instructions

Chairman Wang Xianghong first extended a warm welcome to the newly hired staff, and at the same time... The company’s upcoming institutional reforms and development directions were explained from three key aspects: efficiency improvement, innovation, and overseas expansion. The main guiding points are as follows:

1. Production value target and Institutional reform: Director Wang set new annual per capita output and regional output targets for the business unit. The requirements were presented, and the newly proposed performance evaluation system was explained in detail. Attendees listened very carefully and attentively. It is expected that... 2025 Year 1 Moon 1 Effective from the date of issuance.

2. After the new system reform, income from regions meeting the assessment standards will increase significantly. While boosting sales staff enthusiasm, technicians’ incomes will be linked to bonuses based on the projects they maintain, thereby motivating them to further enhance their service quality.

3, We continue to increase investment in product R&D and innovation, enabling us to quickly respond to new products emerging in the market. Rapid response; do it simultaneously. Preparation for going overseas, With overcapacity in the domestic market, we must quickly expand overseas and strive to become an international brand.

Closing remarks: Through the holding of this third-quarter offline business meeting, the participants from the Admixture Division have gained a clearer understanding of the company’s upcoming reform plans and work objectives, providing clear guidance for accelerating sales performance by the end of this year and driving innovative development next year.