China Copper: Tested in the wind and waves
- Time of issue:2020-04-29
China Copper: Tested in the wind and waves
(Summary description)On April 13, China Copper Industry Group Co., Ltd. held the April Economic Activity Analysis Meeting. Liu Jianping, Party Secretary and Chairman of China Copper, attended the meeting and arranged the next step. The meeting was chaired by Xu Bo, assistant to the general manager of China Aluminum Group, deputy secretary of the party committee and president of China Copper. The meeting emphasized that it is necessary to enhance the resistance of the company's "body", benchmarking with all dimensions and all elements, working hard, improving quality and efficiency, and strengthening the "body" and "physical".
- Time of issue:2020-04-29
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On April 13, China Copper Industry Group Co., Ltd. held the April Economic Activity Analysis Meeting. Liu Jianping, Party Secretary and Chairman of China Copper, attended the meeting and arranged the next step. The meeting was chaired by Xu Bo, assistant to the general manager of China Aluminum Group, deputy secretary of the party committee and president of China Copper. The meeting emphasized that it is necessary to enhance the resistance of the company's "body", benchmarking with all dimensions and all elements, working hard, improving quality and efficiency, and strengthening the "body" and "physical".
The meeting pointed out that in the first quarter, China's copper industry overcame factors such as the impact of the epidemic and the decline in prices of major products, outperformed the market under the correct leadership of Chinalco's party group, and achieved a "good start" in the first quarter.
Liu Jianping affirmed the achievements of China Copper Industry in the first quarter and the efforts of its subsidiaries. He pointed out that in the first quarter, China's copper industry had a stable and effective epidemic prevention work, with strict production management in place. Through measures such as rushing, benchmarking, and cost reduction, the company achieved a "good start" in the first quarter, with hard-won results. He emphasized that one is to confirm the situation and keep a clear head. Fully understand the risks and challenges brought about by the epidemic, break conventional thinking, and be prepared for the ideological and work preparations for living a long time in hardships, tight days, and coping with drastic changes in the external environment, plan for the worst, do your best, and strive for the best The result: The second is to turn "danger" into "opportunity", reduce costs and find a way out. Companies that have fallen under the influence of the new crown pneumonia epidemic must have their own "basic diseases", and all costs are controllable. In the crisis, all units must practice internal skills, reduce costs, improve quality and efficiency, strengthen their bodies, and strengthen their "body". Resistance; the third is to insist that cash is king, hold your purse tightly, and spend the money on the "knife edge". If you can spend less, you can spend less, if you can spend it slowly, you can spend it slowly, and you can spend it without spending it. Starting from China Copper Headquarters, it uses bottom-line thinking to reduce costs and strictly controls construction investment in accordance with the requirements of Chinalco. Liu Jianping pointed out that all enterprises in China's copper industry must fully carry forward the role of the party organization as a fighting fortress and the role of party members as a pioneer and exemplary role, accept the test in the storm, "refine" their core competitiveness, and bring out a team that can fight tough battles.
Xu Bo emphasized that it is necessary to actively respond to the decline in the company’s main product prices and guarantee the supply of copper mines, further strengthen the governance of loss-making enterprises, resolutely establish a bottom-line thinking, further improve the flexible production plan, further improve the inventory plan, and do further Good business bottom line plan. Manage cash flow, costs, and expenses with the mindset of having survived the harsh winter, survived, and survived, keeping the bottom line of operating with the lowest fees. To further change the concept. Enhance the awareness of the main body of the enterprise market, strengthen the benchmarking of all elements, accelerate the implementation of policy preferences, drop the bag, prevent and control risks, actively and cautiously carry out futures preservation, increase the supply of copper concentrate raw materials and the consumption of sulfuric acid. Strictly control the credit and inventory management of processing enterprises, and resolutely do a good job in safety and environmental protection.
At the meeting, relevant departments of China Copper Industry reported on the company's overall production and operation status, special work progress, and key work supervision in the first quarter, and conducted research and judgment on the recent copper, lead and zinc market; coordination and transformation of business units focused on recent production operations, special work, Report on complete cost competitiveness, existing difficulties, and need to help resolve matters. Leaders of China Copper Corporation, chief geologist, general legal adviser, principals of various departments of this department, principal leaders of the party and government of various enterprises, and leaders in charge of finance, production, safety and environmental protection attended the meeting.

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