On June 8, the first half of 2024 business analysis meeting of China Coal Group was grandly held in the meeting room of the Group's headquarters, mainly focusing on the 321 strategic objectives formulated by the Group, comprehensively sorting out and summarizing the first half of the production and operation of the work situation, analyzing the causes of the problem, solving the problems and deficiencies in the current operation and sales work, judging the business situation and discussing the ideas and countermeasures, and arranging and deploying the work in the second half of the year. General Manager of China Coal Group Han Yong, members of the leadership team, general managers of e-commerce companies, plant managers of the Manufacturing Corporation, group companies and the heads of functional departments of more than 70 people attended the meeting.
First of all, Mr. Han Yong, General Manager of the Group, delivered an important speech. He pointed out that in the face of the challenges and opportunities brought by the global economic integration, China Coal Group has realized steady growth by relying on its profound industrial foundation and forward-looking strategic planning. Under the complicated and volatile economic situation, the Group's revenue still achieved a certain degree of growth compared with the same period last year; especially in the mining equipment and construction machinery segments, the Group's performance was outstanding and its market share continued to expand. It also outlined the major achievements of the Group in the past six months and the key issues it faced. At the same time, he emphasized that in this challenging era, "Innovation, Green and High Efficiency" has become the core concept of corporate development.
Subsequently, the group team members, the companies and functional department heads around the 321 strategy on their respective sub-division, in charge of the production and operation of the situation took turns to speak, they were from their respective fields, in-depth interpretation of the industry trends, the market competition situation, as well as the company's strengths and weaknesses in the corresponding areas. We all agreed that we should keep pace with the times, increase investment in research and development, lead industrial upgrading with innovation, and at the same time strengthen the introduction of talent training to ensure sustainable and healthy development of the enterprise.
Finally, Mr. Han made a concluding speech. He said, "Today's meeting is a new starting point. We must maintain the sense of crisis and constantly innovate ourselves in order to be invincible in the fierce global competition". At the same time, he also put forward the next work focus, including strengthening lean management, expanding the international market, deepening the cooperation between industry, academia and research, and other strategic directions.
With the thunderous applause, the business analysis meeting came to a successful conclusion. This meeting is not only a conference to review the past, but also a new starting point to gather consensus, stimulate potential and plan for the future. Facing the new historical opportunity, China Coal Group is writing its own brilliant chapter with its forward-looking perspective and resolute determination. Looking forward to the second half of the year and even further into the future, China Coal Group will move forward to the grand goal of a globalized enterprise with a more determined pace.
