Company News
New Year’s Address:Being Resolute to Forge ahead with a Dream

By admin UpDate 2017-01-01

From the Chairman of the board and Secretary of the Party Committee --- Mr. Li Xiaobo,
and the General Manger --- Mr. Gao Xiangming
 
All the employees and their family members,
 
With the bell of the New Year, we are cherishing the first ray of sunlight of 2017. At this beautiful moment to bid farewell to the old and usher in the new, we would like to extend our New Year wishes and best regards to all of you and your family.
 
Time flies and the old is always replaced by the new. What we dreamed of, pursued of and worked hard for in the past year have been written in the development history of our company. 2016, the kicking-off year of the 13th Five –Year Plan period, brought us extraordinarily hardships and the most challenging developing target. In this situation, we united around the CPC Central Committee led by Comrade Xi Jinping, carried out the general arrangement of “Five in One” and the strategy of “four comprehensives”, and practiced new development concept. With our efforts and resolution, we overcame all difficulties and moved forward, with production in smooth operations, product variety and quality improved dramatically, transformation and upgrading in faster paces, and staff’s living improved continually. It’s estimated that in the year of 2016 the company produced 10.29 million tons of steel in total and made revenue of RMB 70.6 billion Yuan, with a profit and tax of RMB 4.5 billion Yuan; 100% of produced steel was sold to the market, with 830,000 tons of stainless steel among all 4.12 million tons were exported. All the achievements are inspiring but never came easily. We attribute all these achievements to the right leadership of our Party and governments of higher levels, to the supports from our clients and society, and particularly to the hard work of our staff. Here, I would like to express our grand respect and sincere appreciation to all of you.
 
2017 is a crucial year for our company to speed up transformation and upgrading. We will adhere to the guidance of 18th National Congress and the 3rd, 4th, 5th, and 6th Plenary Sessions of the 18th Central Committee of the CPC, study and follow the spirits reflected in President Xi Jinping’s speeches. Moreover, we shall make the spirit of 11th Provincial Party Congress be practicable, follow the major thinking and requirements of Provincial Party Committee, and focus on the strategy of “strengthening main product, extending development, diversified development, green development, harmonious development”. Taking transformation and upgrading as the theme, reform and innovation as leads, we will resolve the market pressure, motivate our managers, and inspire our staff to built a globally most competitive stainless steel enterprise and a first class large international group. We will united together to consolidate the foundation for TISCO’s century dream.
 
Our target for the upcoming 2017 is to produce 10.5 million tons of steel in total, including 4.5 million tons of stainless steel; to gain revenue of RMB 76 billion Yuan and profit and tax of RMB 4.5 billion Yuan.
 
In the new year, we will resolutely adhere to strict governance of the Party in every respect. Taking “sticking to the Party’s leadership and strengthening the Party building” as the “root” and “soul” of our enterprise, we will bring leading core and political core of the Party organization into full play; integrate the Party’s leadership into corporate governance; and embed company’s Party organization into corporate governance structure. We will pledge to govern the company with strict discipline and in accordance with the law to create clean development environment by pushing forward strict governance of the Party. We must keep our faith in our strategy, our culture, our team and our ability to convert political advantage of the Party into competitive advantage in the market and convert the Party’s ability to mobilize into our staff’s action ability to overcome difficulties. In turn, we will examine working and fighting effectiveness of the Party of all levels through the lifted corporate competitiveness and reform fruit.
 
In the new year, we will resolutely lift efficiency. Taking “lifting efficiency” as our permanent theme, we will enhance our awareness in competitive, responsibility and reform, follow the principle of goal-orientated and problem orientated, and carry out value management. We will continue benchmarking, push forward management reform, optimize business process and “lose weight for fitness” to raise labor productivity. We will further the reform in mixed ownership, professional manager and employees’ stock-ownership, and so on. We will improve corporate governance structure, enhance positive encouragement and promote management efficiency.
 
In the new year, we will resolutely lift our competitiveness in terms of product variety and quality. We shall adapt us to the trend of structure reform in supply side, andseize the opportunities brought by “one belt one road” initiative, “made in China 2025” strategy and high speed rail and nuclear power “going out” strategy, keep improving product variety and quality. We will take “scientific and technological innovation” as support to develop vigorously high-end featured product, which should be exclusive, advanced and able to substitute for imported goods. We will go all out to increase variety, to improve quality and to create brand. We shall have the courage to pick the pearls of “crown” of iron and steel industry, create new demands and guide consumption upgrade to forge TISCO into an indispensable and irreplaceable featured product base in China.
 
In the new year, we will resolutely accelerate the process of transformation and upgrading. We will continue consolidating our leading position in global stainless steel industry. We will further speed up extension towards both ends of industrial chain, enhance our control ability of upstream resource and value-adding ability of downstream products, and strengthen our dominance and competitiveness in the market. We will develop diversified industries, including new material with high-end carbon fiber as a representative, financial investment, information automation, energy conservation and environment protection and engineering export to build new growth pole featuring with high starting point, fast growth and promising prospect, realizing advantages supplement between main steel business and diversified business, that means driving by two wheels, to promote upgrading in terms of quality and efficiency.
 
In the new year, we will resolutely speed up the process of building upgraded version of green development. We shall set up development concept of “Nature is the true treasure”, take the green development as a precondition for our company survival, a foundation for development, a new competitiveness and a profit growth point. With regard to lifting our own environment protection level, We shall promote industrialization output of advanced technologies on energy-saving and emission-reducing, making green development of our company do good to the whole society, achieving successes in both social and economic benefits. In this way, we respond to environmental concerns from the whole society.
 
Colleagues, the common dream is built by united efforts, and beautiful tomorrow is created by action and hard work. Let us summon up energy and remain mobilized to accomplish all the tasks for the new year, to create value, to share fruit, and to push our company to a new development level, contributing more to a better and revitalized Shanxi province. Let us welcome the convening of 19th National Congress with extraordinary achievements.
 
Wish everyone a happy new year and a happy family, and wish you all the best!
 
Wish TISCO an everlasting business and sustainable development!