Yufeng Group Holds 2024 Financial Work Conference

2024-02-29 10:04:18

On February 26, Yufeng Group held a financial working conference in 2024. Lei Zhenbin, Party Secretary and Chairman of Yufeng Group, Zou Hongbing, Deputy Party Secretary, Vice Chairman and General Manager, and Deng Yibin, Member of the Party Committee and Chief Accountant, attended the meeting.

On February 26, Yufeng Group held a financial working conference in 2024. Lei Zhenbin, Party Secretary and Chairman of Yufeng Group, Zou Hongbing, Deputy Party Secretary, Vice Chairman and General Manager, and Deng Yibin, Member of the Party Committee and Chief Accountant, attended the meeting.  

The meeting comprehensively summarized the financial management work in 2023, analyzed the outstanding problems currently faced, shared the financial experience of relevant personnel, and studied and deployed the key financial work in 2024 and in the future.

At the meeting, Lei Zhenbin fully affirmed the practical work experience sharing of financial personnel, and combined with the importance of benchmarking management, required the secondary subsidiaries not only to compare with their past performance, but also to compare comprehensively with the same cement production line in the industry, so as to find their own advantages and disadvantages. Through precise positioning, we can formulate targeted improvement measures to improve production efficiency, optimize product quality, reduce costs, and then enhance the overall competitiveness.

He said that financial personnel are not "digital fighters" struggling alone, as an important member of the enterprise, they need to fully demonstrate their professional ability and confidence.

To do a good job in the current and future financial work of Yufeng Group, Lei Zhenbin emphasized: First, enhance the ability of integration of industry and finance, and promote the improvement of management level. Enterprise managers should attach importance to financial management, and the refined financial management under the integration of industry and finance can drive the efficient operation of business departments; at the same time, financial personnel also need to have a business perspective, starting from the overall situation, thinking about how to provide effective financial support and suggestions for business. Second, we should do a good job in tax co-ordination and inject new impetus into the steady development of the company. We should further study tax laws and regulations to achieve tax optimization, strengthen tax risk management to reduce tax risks, and deepen communication and cooperation with tax authorities to improve the quality of tax services. The third is to strengthen the learning and training of financial knowledge for the management of secondary subsidiaries. The management of each secondary subsidiary should deeply interpret the three main accounting tables, enhance the comprehensive understanding of production operation and financial situation, and then better formulate the development strategy of the enterprise.

At the meeting, Zou Hongbing fully affirmed the achievements of the financial system in the past year, and pointed out that the financial team is a team that can "fight hard". At the same time, he comprehensively and profoundly analyzed the imbalance and inadequacy of the current development of enterprises, and emphasized the importance of the three strategies of "reducing costs, expanding quantity and finding a way out" in the face of fierce market competition.

In view of the financial system work for a period of time in the future, Zou Hongbing put forward six requirements: first, we should study and judge the situation, make objective analysis, and actively respond to challenges and difficulties; second, we should think about change, take responsibility, and go all out to achieve the goal and task; third, we should be honest and trustworthy, stick to the bottom line, and implement the rules and regulations to the letter; Fourth, we must stick to the bottom line, keep the alarm bell ringing, and concentrate on doing things without accidents. Fifth, we must coordinate from top to bottom, cooperate closely, and perform their duties to ensure the stability of funds. Sixth, we must fully implement, conscientiously implement, and thoroughly strengthen budget accounting and analysis.

Deng Yibin made an annual work report on the topic of "Strengthening Strategic Strength, Deepening the Fertile Soil of Finance and Economics, Deeply Practicing the" Five Business Concepts "and Making Every Effort to Improve the Level of Financial Management". In order to further promote the operation development and financial management efficiency of Yufeng Group, he arranged and deployed the financial management work from six aspects.

At the meeting, Deng Yibin signed a letter of commitment to financial integrity with the chief financial officers of the secondary subsidiaries.

The meeting was held in the form of "live + video", and all the staff of the headquarters of Yufeng Group and the financial departments of the secondary subsidiaries attended the meeting.

At present, the cement industry has serious overcapacity, the impact of peak staggering production on the supply side has declined significantly, the "competition and cooperation relationship" formed over the years has broken down, and the pressure of industry operation has doubled. How should the cement industry get out of the predicament and face the new cycle? On March 28-29, China Cement Network will hold the "13th China Cement Industry Summit and TOP100 Award Ceremony" in Hangzhou, during which awards will be given to top 100 cement and supplier enterprises, and experts and scholars will be invited. China Railway and other construction units jointly discuss the new development trend of the cement industry in the future, and work together to create the future!

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Recently, due to the persistent cost pressure in the south, the price of concrete has risen slightly with the raw materials, but the growth of market demand is limited, and the overall quotation is still stable. From October 31 to November 6, the national concrete price index closed at 112.47 points, up 0.31% annually and down 10.11% year-on-year.