Promote the tungsten industry from "bigger and stronger" to "do well and do far"

Publicado: Jun 1, 2021 13:10

During the 13th five-year Plan period, China Tungsten High-tech New Materials Co., Ltd. has become the operation and management platform of China Minmetals tungsten industry. In the face of the unfavorable situation of heavy historical burden and many loss-making enterprises, under the strong leadership of the Chinese Minmetals Party Group, China Tungsten High-tech has experienced the development process of reform and arrangement, momentum, initial results, and quality improvement, one step a year, sorting out a lot of old debts, solved many problems, and achieved a fundamental and continuous improvement in enterprise performance. Operating income exceeded 10 billion yuan, with an average annual compound growth rate of 6%. The total profit for the current period exceeded 600 million yuan, increasing profits and reducing losses by 900 million yuan compared with 2016, laying a solid foundation for the company's start to the 14th five-year Plan.

The overall development idea during the 14th five-year Plan period of China Tungsten High-tech is to take Xi Jinping's thought of socialism with Chinese characteristics in the new era as the guide, accurately grasp the new development stage, implement the new development concept, and strengthen the party's leadership in an all-round way. we will conscientiously implement the deployment requirements of China Minmetals, take high-quality development as the main line, take reform and innovation as the fundamental driving force, further build a new foundation for development and build new competitive advantages. Start a new journey to build a world-class tungsten industry group with global competitiveness in an all-round way.

Maintain strategic focus

Enter a new stage of high-quality development

Maintain strategic concentration, adhere to the industrial orientation of "resources are the foundation, smelting is the guarantee, and alloy is the direction", give full play to the advantages of the whole industry chain, concentrate, concentrate and concentrate on doing a good job of the tungsten industry, and make every effort to build a world-class tungsten industry group with global competitiveness. We will continue to consolidate the advanced position of tungsten reserves and concentrate output, so as to ensure a strong guarantee of resources. The total amount of smelting products has exceeded 20,000 tons, providing a solid foundation for the development of back-end alloys, and the structure of alloy products has been continuously optimized. Adhere to the "top-of-the-list" product strategy, occupy technological and market highlands in more subdivided fields and key links through scientific and technological innovation, expand import substitution, and continue to leap to the middle and high end of the global industrial chain and value chain, accelerate into a new stage of high-quality development.

Gain a foothold in two positions

Build a new pattern of market development

Based on the domestic cycle, actively adapt to and create market demand. It is necessary to continue to strengthen the awareness of "territory", further expand the leading edge, protect the inherent traditional market, and expand the market share of advantageous products such as CNC blades and micro-drills. Strengthen the forward-looking strategic judgment of the domestic market, constantly expand new application areas of products, and enhance the overall market scale. It is necessary to upgrade the market development model, promote the "big pattern, big platform, big customers", and constantly enhance the influence and voice of the industry.

Smooth domestic and international circulation, implement a higher level of "going out" strategy, and expand new base areas. The overseas market is the company's potential incremental market, so it is necessary to speed up the improvement of the market layout, on the basis of deeply ploughing the traditional markets in Europe and the United States, actively open up Southeast Asia and other emerging markets along the "Belt and Road Initiative" route, and deeply participate in global competition.

Adhere to lean management

Build a new management system

Steadily promote information construction to achieve full coverage of the SAP-ERP system; continue to promote the production lean of the whole industrial chain, enhance cost competitiveness; continue to play and expand the sharing role, create medium tungsten high-tech large sharing business, provide quality, efficient and professional sharing services for the whole industrial chain of the company, and constantly improve the competitiveness of the company.

Push forward the reform in depth

Release new vitality for development

During the 14th five-year Plan period, medium tungsten high-tech will make precise efforts in "increasing vitality". Actively and steadily promote the mixed reform of qualified pilot enterprises and the shareholding work of core teams, promote the development of key education-oriented business, explore a more flexible management model of total wages, and further implement the partition mechanism and the orientation of value distribution; further promote the management of the term of office of managers and expand the professional manager system in qualified enterprises; We will deepen the reform of the three systems, promote market-oriented employment, open channels for employees to exit, and promote competition for managers to take up posts.

During the 14th five-year Plan period, China Tungsten High-tech will, under the guidance of Xi Jinping's thought of socialism with Chinese characteristics in the new era, continue to act, work courageously, focus on the core main industry, undertake and implement the relevant requirements of the tungsten industry in the 14th five-year Plan of China Minmetals, strengthen the main force for the guarantee of tungsten resources, further strengthen scientific and technological innovation, and lead the upgrading of the tungsten industry. Promote China's Minmetals tungsten industry from "bigger and stronger" to "good and far away".

Declaración de Fuente de Datos: Excepto la información disponible públicamente, todos los demás datos son procesados por SMM basándose en información pública, comunicación de mercado y confiando en el modelo de base de datos interna de SMM. Son solo para referencia y no constituyen recomendaciones para la toma de decisiones.

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