Southwest Aluminum strives to achieve a "good start" in the first month, and its export output increases by 21% compared with the same period last year.

Published: Feb 2, 2021 14:38
Source: Southwest aluminum

In January, while doing a good job in epidemic prevention and control, Southwest Aluminum made every effort to ensure the production of key products and got off to a good start in the first month of 2021: export output increased by 21% compared with the same period last year, of which the group and the business department increased by 10% and 26% respectively over the same period last year, achieving a substantial increase in profits compared with the same period last year.

In the actual operation, Southwest Aluminum focuses on three tasks: first, to seize market opportunities and do a good job in order support. Increase the intensity of "going out", actively integrate into the new development pattern, and constantly expand new markets and new customers. The second is to find the right market positioning and improve the quality of orders. Vigorously explore the development path of differentiation, evaluate the order quality from many dimensions, such as marginal contribution, capacity matching degree, production difficulty and so on, and make every effort to promote the adjustment of strategic product structure. The third is to expand procurement channels to ensure the supply of raw materials. Take marketization as the principle, realize the nearby allocation of resources, further ensure the continuity of production and reduce the cost of raw material supply.

On the basis of scientifically grasping the market situation at home and abroad, Southwest Aluminum insists on separating strategic control from actual operation, and further makes more efforts in strategy and planning to provide customers with a package of supporting services. the simple "buying and selling" relationship will be developed into a deeply embedded "partnership" relationship to provide strong support for structural adjustment. At the same time, to enhance the ability of scientific and technological "hematopoiesis" as the fundamental support for the company's high-quality development, continue to give full play to the main role of enterprises in scientific and technological innovation, continue to optimize the allocation of resources, clarify the evaluation system, and constantly improve the ability of independent innovation.

During the production in January, all cadres and workers of Southwest Aluminum focused on the core goal of improving quality and efficiency, and continued to make efforts in the three major sectors of expanding production and sales, quality upgrading and structural adjustment, with the continuous growth of production and marketing scale, the significant improvement of product quality and the obvious efficiency of structural adjustment. Among them, the cold rolling production line of the division broke through the 10,000-ton output mark in January, refreshing the monthly output of the cold rolling line since the establishment of the division.

In the face of the market where crises and opportunities coexist, Southwest Aluminum has thoroughly studied and implemented the spirit of the Fifth Plenary session of the 19th CPC Central Committee, and all cadres and workers have responded to challenges and difficulties with solid, efficient and excellent actions. always maintain the attitude of hard work and the state of down-to-earth work, achieved the first month of production "good start", opened a good start to the "14th five-year Plan", and presented a generous gift to greet the 100th anniversary of the founding of the Communist Party of China.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
20 hours ago
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
Read More
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
Federal Reserve Governor Milan pointed out that it is necessary for the US Fed to cut interest rates by more than 100 basis points this year. At the same time, he is very much looking forward to the performance of Kevin Warsh as Fed Chairman. However, Richmond Fed President Barkin emphasized that monetary policy must remain cautious until inflation fully pulls back to the target level, thereby ensuring the stability of the labour market.
20 hours ago
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
20 hours ago
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
Read More
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
All 11 Democratic members of the US Senate Banking Committee jointly sent a letter to the committee's chairman, Tim Scott, requesting that all nomination processes for the prospective Fed Chairman, Kevin Warsh, be postponed until the criminal investigation into current Fed Chairman Powell and other board members is concluded. However, Scott stated that Warsh's confirmation was a done deal.
20 hours ago
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
20 hours ago
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
Read More
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
The US Fed has announced that it will maintain the capital levels of large banks unchanged during the upcoming stress test cycle (corresponding to the 2026 cycle). At the same time, the US Fed is planning multidimensional reforms to this annual test, aiming to enhance its transparency. The US Fed's Vice Chair for Supervision, Bowman, revealed that adjustments to the stress capital buffer requirements for large banks will be postponed until 2027. This move is intended to provide the US Fed with sufficient time to evaluate potential flaws that may be exposed in its testing models when assessing banks' financial conditions under simulated economic downturn scenarios.
20 hours ago