On July 25th, 2022, more than 100 members of Hailiang’s management team gathered in Chongqing from various domestic bases to participate in the company’s 2022 semi-annual business analysis meeting.

Summarize the Past and Plan for the Present

At 8:00 a.m. on July 26th, Hailiang’s 2022 semi-annual business analysis meeting kicked off under the chairmanship of Sun Hongjun, Vice General Manager of Hailiang. Chen Dong, Director of the Financial Management Center, and Feng Jianwei, Deputy General Manager of the Marketing Management Center, analyzed the company’s operation in the first half of the year from the perspectives of the finance, marketing and market. Under the influence of many unfavourable factors such as global inflation, supply chain shortage, energy crisis caused by the Russia-Ukraine conflict and the downturn in the real estate and appliance industries, Hailiang is still developing upwards. In the past 5 years, the compound growth rate, channel sales, new customer development and other indicators are still outstanding which show the extraordinary effectiveness of Hailiang’s management.

The Digitization Practice Report of Hailiang by Sun Hongjun, Vice General Manager, provides a detailed overview of the overall digitization structure planning and digitization practice projects. This report has macro theoretical thinking and a global view of the integration of production, marketing and finance, as well as has micro practical examples of projects. It describes Hailiang’s today and tomorrow in the field of digitization. Ma Weimin, Head of the Technology Centre, gave further elaborations to the relevant issues.

Cost Reduction and Efficiency Increase Build a Model Enterprise in Chongqing

As the host of this semi-annual business analysis meeting, Li Geng, General Manager of Chongqing Hailiang, shared in detail the brilliant achievements of the Chongqing base in the first half of the year with a more than 80 pages of PPT, showing the logic behind the “Model Enterprise in Chongqing” from four aspects:

Refine assessment, promote mechanism, and reduce costs and increase profits;

Drive projects, improve innovation, and improve quality and efficiency;

Develop new products, promote special projects, and increase profits;

Refine management, value standards, and implement norms.

The pragmatic approaches have contributed to the rapid growth in performance, and the impressive figures have won the respect of all present. In addition, Mr. Li also put forward the problems and improvement measures. He said, “We should dare to think and dare to do. There is no end to improvement; the record is just the starting point”. Hailiang is never-ending in the pursuit of development.

Stabilize the Foundation and Seize the Opportunities

The most important agenda of the semi-annual meeting was the report by Zhu Zhangquan, Chairman of Hailiang. With the theme of Stabilize the Foundation in the Economic Downturn, Seize Opportunities through Innovation and Energy Storage, Zhu Zhangquan gave a comprehensive analysis of the current situation, achievements, future strategic planning and the confidence, determination and ambition to overcome the “economic downturn” through four sections: external environment, business review, future plans and opportunities grasp.

Mr. Zhu pointed out in the business review chapter that, the reason why the company can still develop steadily despite the complex and changeable external environment, and firmly occupy the market position of the largest copper pipe production and sales volume in the world and the largest pipe fittings production and sales volume in China, is mainly due to the unique , such as global base layout, risk management and control, promotion of blue-collar engineering, technological innovation, digitization, etc. In particular, Mr. Zhu spoke highly of the persistence of the Shanghai base and the great achievement under the epidemic, and of the operation results of the Chongqing base in extending the life of graphite molds and improving the yield of finished products.

Faced with the question of whether the downturn is a crisis or an opportunity, Mr. Zhu affirmed that we will seize the opportunity. With the strategic idea of “doing something, not doing something”, we should empower high-quality development, focus on enhancing the value of the company and actively build an industrial ecosystem. Hailiang will work hard in the three aspects of technology empowerment, management reform, and talent training to seize the opportunities of the times. Meanwhile, we should build up confidence, gather energy and build up momentum to achieve our grand vision of becoming the ecological leader of the global non-ferrous industry!

Mr Zhu’s report was inspiring and motivating. In an atmosphere of high morale and enthusiasm, the signing ceremony of the management target responsibility agreement was held in two batches. And the meeting climaxed on this kind of atmosphere.

Pursue Common Future in Group Discussion

In the morning of July 27th, Hailiang held a group discussion meeting, which was divided into four venues: sales group, technology R&D group, financial group, and large production quality group. Each group made an in-depth analysis of their respective work operations in the first half of 2022, summarized and discussed the existing problems, and jointly sought solutions for Hailiang’s development in the second half of the year. Mr. Zhu attended each group meeting and gave guiding advice on their topic for inspiring participants to think deeply. The topics of 7 seminars in the afternoon and evening were discussed more concentrated. Everyone carried out in-depth discussions on their own experience and cognition, resulting in brilliant wisdom.

Hailiang’s 2022 semi-annual operation analysis meeting was successfully held in Chongqing. This meeting summarized the highlights and shortcomings in the operation, pointed out the direction and goals for the second half of this year, and inspired everyone to work hard to move forward. We believe that under the guidance of the group and the leadership of Mr. Zhu, all the employees of will not be confused by temporary events and not afraid of risks. We also believe that all the employees can brave to face challenges and strive to win the future.