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Contact UsADVANCE products are marketed in 31 provinces, municipalities, and autonomous regions in China, and exported to 55 countries and regions around the world, with high visibility and reputation both domestically and internationally.
Leaders from the State-owned Assets Corporation Visit Hangzhou Gear Co., Ltd. in Linjiang
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2016.06.12
On the afternoon of June 8, a delegation led by Qiu Guoping, General Manager of the District State-owned Assets Corporation, and Chen Xiaoyu, Deputy General Manager, visited HAGG's Linjiang Company for an inspection and research. They were accompanied by Feng Guang, General Manager of the Group Company; Yang Shuiyu, Deputy General Manager; Zhang Meng, General Manager of Linjiang Company, along with other senior leaders from the Group.
General Manager Qiu Guoping and his delegation first inspected the planned site for Linjiang Company's Phase II project, gaining insights into the scale of Phase II construction as well as relevant details. Afterwards, accompanied by company leaders, the delegation toured Linjiang Company's production workshop. Following the tour, General Manager Qiu and his team listened to a report from Zhang Meng, General Manager of Linjiang Company, detailing the company's operational status.
After listening to the report, General Manager Feng Guang delivered an important speech. First, Mr. Feng expressed his gratitude to the leaders of the District State-owned Assets Corporation for their care and support toward Hangzhou Gear Co., Ltd.'s Linjiang Branch. He then acknowledged the company's dedicated efforts over the past few years. Finally, he outlined several key requirements for Linjiang Company’s future work: 1. Actively explore new markets and strive to reach the break-even point in the wind power business, as mandated by the Group Company’s wind power industry development plan. 2. Work tirelessly to reduce costs—particularly in areas such as inventory capital utilization and manufacturing expenses—aiming to maximize efficiency and contribute tangible benefits to the Group Company. 3. Uphold unwavering commitment to quality, treating product quality as Linjiang Company’s lifeline and making it the top priority in all operations. 4. Ensure safe production practices, playing a proactive role in safeguarding safety standards ahead of the upcoming G20 Summit.
At the conclusion of the meeting, Mr. Qiu Guoping, General Manager of the District State-owned Assets Corporation, delivered a summarizing speech. Mr. Qiu first pointed out that since launching the special initiative last year to identify and address key weaknesses, the State-owned Assets Corporation has visited each subsidiary of HAGG to gain a firsthand understanding of their actual conditions. Under the current challenging business environment, he emphasized that as a publicly listed company, HAGG should feel an even greater sense of urgency. Mr. Qiu commended General Manager Feng Guang for his well-structured plan regarding the upcoming tasks at Linjiang Company, while also outlining seven key requirements for Linjiang’s future work: 1. Firmly maintain confidence in the development of the wind power industry; 2. Stay grounded, align perspectives, and break through existing difficulties; 3. Strengthen internal management while actively expanding into external markets, striving to enhance overall efficiency; 4. Deepen reforms of the institutional mechanisms across all dimensions; 5. Intensify efforts to build a robust talent pipeline at Linjiang; 6. Prioritize safety management and ensure safe production practices; 7. Strengthen Party building initiatives and leverage the exemplary role of Communist Party members.
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