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Strengthening and Innovating: The Effectiveness of Corporate Governance Has Been Significantly Enhanced

Posted: Sun Dec 22, 2024 9:47 am
by Rina77RS
Changing feathers and flapping wings to start a new voyage. In order to better reflect the company's "dual main business +" strategic positioning and business layout, more accurately show the company's diversified and multi-format business model, and further enhance the recognition of investors and the public, the securities abbreviation was changed from "Hefei Department Store" to "Hebai Group", marking that the company has taken an important step of strategic significance in its transformation and upgrading development path. At the same time, the company received an AA+ main credit rating with a rating outlook of "stable", reflecting the full affirmation and high recognition of the company's comprehensive strength, credit level, and development prospects by professional assessment agencies.

Deepen reform and gather strength. Steadily promote the "big country code philippines mobile department system" reform, with streamlining and efficiency as the principle, the company headquarters has reduced 16 internal organizations to 12; focus on "selecting talents and using talents", and forge a high-quality, professional and young team throughout the chain. In the first half of the year, 7 middle-level managers of the group were promoted, 6 of whom were "post-80s".

Fine management improves quality and efficiency. We will adhere to the principle of giving equal importance to increasing revenue and reducing expenditure, and promoting both efficiency and quality, and go all out to promote the simultaneous reduction of "human resources, procurement, property, management, distribution, and financing". In the first half of 2024, the company's period expenses (sales expenses, administrative expenses, and financial expenses) will be reduced by a total of 28.47 million yuan, further consolidating the advantage of "low-cost operation".

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The wind is strong at the halfway point, and the game is still going strong in the middle game. The steady and steady progress in the first half, with both quantity and quality improvement, has laid a solid foundation for Hebai Group to achieve its expected development goals for the whole year. The company will take the "half-year profit" as a new starting point, show new achievements in the increase and expansion of the main business, and show new vitality in the development and innovation of new businesses, so that the foundation of "stability" will be more solid, the effectiveness of "change" will be more prominent, and the kinetic energy of "advancement" will be stronger, so as to "win the whole year" with full strength.