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Wanji Holdings gets off to a good start in the first quarter

iconApr 14, 2021 09:34
Source:China Nonferrous Metals Daily

In the first quarter of this year, Wanji Holdings Group Co., Ltd. seized the opportunity of sustained economic improvement, strengthened production organization and scheduling, and consolidated and expanded its market share. the production and sales of raw aluminum, large plate ingots, roll-casting rolls, alloy bars, high-precision aluminum plate, strip and foil, anode carbon, graphitized cathode and sodium metal increased by Synchronize, and the holding enterprises achieved business income of 7.191 billion yuan, an increase of 30.03% over the same period last year. The operation quality and efficiency have been improved in an all-round way, and the profit target has far exceeded expectations, achieving a "good start" for the first quarter, laying a good foundation for achieving the annual target.

Since the beginning of this year, the enterprises under Wanji holding Group have conscientiously implemented the decision-making arrangements of the sixth and Seventh Workers' Congress, taking improving the quality and efficiency of enterprises as the starting point and goal, and further promoting the reform of state-owned enterprises and supply-side structural reform. we will continue to promote the transformation of kinetic energy between the old and the new, accurately understand change, scientifically respond to changes, and take the initiative to seek change, further consolidate the foundation for enterprise development, and significantly enhance the vitality of development.

First, closely around the goal of improving economic efficiency, strict material procurement, sales, quality management and cost control, the financial directors of subsidiaries take the initiative to participate in production and operation to promote the implementation of cost reduction and efficiency work. Speed up the implementation of the annual arrangement of technological transformation, environmental protection projects and the construction of information and intelligence, including human resources, finance, customers, logistics, warehousing, technological innovation, product development and other essential resources and functional management, make full use of information technology and network technology, implement full-process digital management to the production end, circulation end and sales end, and initially realize the modernization of operation and management.

The second is to look inward, carefully analyze the difficulties and problems encountered in operation, find out the causes, insist on "doing things" rather than "doing things", accurately judge the trend of the industry in terms of production organization and material procurement, and actively respond to them. take economic benefits as the ultimate goal. Wanji Power Generation Company and Wanji Huashi Trading Company have conscientiously studied and quantified the impact of coal quality on power generation, coal consumption and cost to specific figures; the sales department has aligned with the same industry and similar products to work out reasonable product prices; Wanji Graphite Company and Wanji Aluminum processing Company have achieved loss control and profit control by increasing the rate of finished products, reducing procurement costs and reducing the pressure of funds.

The third is to strengthen the research and development of new products and market development, increase the proportion of high value-added products, form their own core products and leading products, and improve the core competitiveness of enterprises. Do a good job in product structure adjustment and new product development of Wanji Aluminum processing Company, Wanji Graphite Company, Wanji Wall material Company, Wanji Plate Ingot Plant and Wanji Bar Plant, and strive to improve the production technology and output of aluminum processing mirror aluminum and wide-width aluminum. Make full use of the brand advantage of graphitized cathode in the industry, continue to carry out process research and development, give full play to the potential of equipment, reduce process costs, improve product quality and qualified rate, and expand the sales channels of non-aluminum-graphite products; increase the development of alloy products such as all-aluminum household and solar frame with relatively high processing cost of alloy bars, and develop 2-series, 3-series and 5-series alloy products in batches at the same time, the market space will be further expanded. Improve the production process of Wanji Metallurgical Company, improve product quality, speed up the development of external markets, gradually change from domestic products to export enterprises, and the profit index will be improved month by month.

Wanji Holdings
performance

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