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Sinomach holds 2019 mid-year work session




Sinomach holds 2019 mid-year work session in Beijing on July 30.[Photo/]

The 2019 mid-year work session of Sinomach was held in Beijing on July 30.

Zhang Xiaolun, Party secretary of Sinomach, made a half-year work report. Song Xin, deputy Party secretary of Sinomach, presided over the meeting and reported the Party’s work in connection with Sinomach in the first half of 2019.

The data show fruitful results of Sinomach’s work in the first half of the year. The company’s main operating indicators increased steadily, with revenue growing 3.4 percent year-on-year, net profit up 21.5 percent, and economic value added (EVA) up 94.3 percent to a record high.

The conference reviewed the work of the first half of this year. The quality of operations has been effectively improved with a series of reforms smoothly underway. Breakthroughs have been made in core technologies, and positive progress has been made in independent innovation. The company has also made big progress in promoting international exchanges and Party building.

Attendees also analyzed the current situation of the company and requested Sinomach enterprises at all levels to meet challenges and seize opportunities, and to work hard to achieve high-quality development.

Work plans for the second half of 2019 were also discussed at the conference.

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