On November 24, Yu Feng, chairman of Shangfeng Cement , was invited to Tsinghua University to give a wonderful lecture to the students of EMBA23 Industry Class 1. The theme of this lecture is "Transformation and Upgrading of Traditional Industries and Corporate Governance-Innovative Practice of Shangfeng", which aims to provide students with experience and enlightenment in transformation and upgrading of traditional industries and corporate governance through the practical cases of Shangfeng Cement. In the course of
teaching, Yu Feng first introduced the basic situation of the company, including its main business, market position, industrial layout and development achievements in recent years. He mentioned that as a traditional industrial enterprise, Shangfeng has always maintained a keen market insight and forward-looking strategic thinking in the face of market competition and industry changes, and has achieved sustained and steady development through continuous innovation and practice.
Then, Yu Feng elaborated on Shangfeng's exploration and practice in business transformation. He pointed out that in order to cope with the challenges and opportunities faced by traditional industrial enterprises in the new economic era, the company actively adjusted its business structure, increased the intensity of equity investment in the new economy, and achieved the expansion of business areas and the improvement of profitability by investing in emerging industrial enterprises with growth potential. At the same time, he also shared the experience and successful cases of Shangfeng Cement in the investment process, which provided valuable reference and reference for students.
In terms of corporate governance, Yu Feng focused on the practical experience and achievements of mixed ownership with the characteristics of Shangfeng. He said that as one of the important directions of the reform of state-owned enterprises, mixed ownership is of great significance for improving the level of corporate governance and stimulating the vitality of enterprises. In the process of promoting the reform of mixed ownership, Shangfeng Cement has actively explored and practiced, successively introduced strategic shareholders such as Tongling Nonferrous Metals and Southern Cement , and formed a mixed ownership model of private holding and state-owned enterprise participation. This model not only gives full play to the advantages of state-owned enterprises in political position, industry trends, resources and technology, but also retains the flexibility of private enterprises in management and market reaction. Through the reform of mixed ownership, Shangfeng Cement has realized the complementary advantages of state-owned enterprises and private enterprises, and promoted the rapid development of the company.
Yu Feng also shared some experiences and inspirations of the company in the process of mixed ownership reform. He believes that in order to succeed in the reform of mixed ownership, it is necessary to choose a good partner and ensure that both sides have a common goal and vision; at the same time, it is also necessary to establish a reasonable governance structure and a mechanism for the distribution of powers and responsibilities to ensure the balance and coordination of the interests of all parties. In addition, the company also needs to strengthen internal control and risk management to ensure compliance and steady development. Zhou Yuxian, Secretary and Chairman of the Party Committee of China Building Materials Group, and Yin Zhisong, Secretary and Chairman of the Party Committee of Sinoma International were
also lectured. After the lecture, the students had an interactive exchange with Zhou Yuxian, Yin Zhisong and Yu Feng, and asked questions enthusiastically on the spot in a lively atmosphere. After the full exchange, the students said that they had benefited a lot. Chairman Yu Feng's lecture was simple, vivid and concrete, which not only made them understand the innovative practice and experience of Shangfeng Company, but also provided them with new ideas and methods for the transformation and upgrading of traditional industries and corporate governance. They look forward to applying these knowledge and experience to practice in their future study and work, and contributing their strength to economic and social development.
