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Eight Concepts for development the six groups creating the future--------NGC group held the 2014 work deployment conference

Published: 2014-01-16

    

On January14th, 2014, the meeting about the year-end summary of 2013 and the work plan in 2014 was held by the NGC Group in the wind power industry park. All the managements have attended the meeting. Mr. Hu Yueming, the Group president and general manager gave a speech, in which he summed up the work of 2013 and deployed the whole group work in 2014. He also signed the liability agreements of the 2014 performance indicators examination with the general managers of each subsidiaries.

In the meeting, Mr. Hu set forth the group's future overall development ideas and then declared thatthere will be six product groups established in 2014 including gear group, marine group, coal mining machinery group, mechanical and electrical product group, machine tool group and LED product group.

He said that during the past year, under the tough economic conditions around the world especially in manufacturing industry, we have overcome the difficulties and united together to make joint effort so that to achieve an outstanding results among the machinery industry both in Nanjing and domestic market.

The efforts we have tried helped us overcome the difficulties occurred in the first quarter by the market shrank of the wind power gearboxes. Under the big pressure of the gearbox market, we withstood the pressure and the output continued to maintain the level of last year The orders of the marine product from both domestic and foreign market has increased largely, which laid a foundation for the development of 2014. In the aspect of second venture work, we are making efforts on the current progress and also the future development. It has achieved initial success for coal mining machinery, mechanical and electrical, LED and machine tool, which certainly made us feel more confident about the future than ever.

In the meeting, Mr. Hu summarized the various stages development of our group, from small to large, from weak to strong, from wandering into the development, the experience of 40 years of history has proved that we must constantly innovate, reform and develop if needed to survive  With the establishment of the six product groups, the new Long March for us will start from now on. Mr. Hu demanded that the managements should have the following eight concepts, they are required to keep the ideas of moving on without satisfaction about the current status; both quality and market is the most important; insisting on continuous innovation; attaching importance on talent strategy; paying attention to financial management and cost control; put the employees’ interests at the first place and finally to pay special attention to the management team.

At last, Mr. Hu signed the liability agreements about the 2014 performance indicator examination with the 14 general managers from the 17 subsidiaries, which was far-reaching measures and marked that the group has opened a new historical moment. At the beginning of 2014, the newly established six groups will go hand in hand and common develop. The headquarter and every departments will provide great supports to them and each managements will be tested in the new developing process and try to make a good result in the future for the Group.

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