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Conference Briefings of The First Half of The Year 2018

30/07/2018
On May 18th, 2018, Machines and Industrial Equipment Corporation organized a Conference Briefings for the first 6 months of 2018 at the Tu Son Factory - Mecanimex Company, Tien Son Industrial Zone, Bac Ninh.
On May 18th, 2018, Machines and Industrial Equipment Corporation organized a Conference Briefings for the first 6 months of 2018 at the Tu Son Factory - Mecanimex Company, Tien Son Industrial Zone, Bac Ninh.
 
The conference was attended by: the BOD Chairman, General Director, BOD members, Head of Supervisory Board, Deputy General Directors, Trade Union Chairmen, Heads of Divisions, Directors of the Corporation’s Center, Assistant General Director of the Corporation; Chairman and Directors of member units and subordinate units.
 
The conference was chaired by General Director Nguyen Khac Hai.
 
At the meeting, the Economic - Planning - Technical Department of the Corporation reported the following contents:
 
1. Situation of production and business activities in the first 6 months of 2018.
2. Investment in capital construction.
3. Business restructuring.
4. Financial work.
 
After listening to the report of the Economic – Planning - Technical Department on the contents of the conference, the BOD Chairman, Head of Supervisory Board, Chairman, the General Director of the units, Head of the Finance - Accounting Department, Organization - Human Resources, Chairman of the Trade Union of the Corporation made their comments.
 
The General Director of the Corporation concluded that the five main contents of the last six months are as follows:
 
1. Regarding production and business activities.
a. Business results in the first 6 months of 2018 basically completed the plan. To ensure the completion of production and business results in 2018, the following units are recommended:
- To control the production in order to increase productivity, save costs, put business efficiency on top.
- To continue to look for orders for the last months of the year and next year.
Focusing mainly on production activities, especially export-oriented production, while gradually reducing and limiting purely commercial activities.

b. Strengthening the risk management in production and business activities, such as the establishment of business management regulations, which clearly stipulates: personal responsibility for the person in charge of contracts, orders; the importance of research, study and selection of partners; detailed business plans; monitor and supervision of the performance of contracts, orders under the business plan, etc.

c. Promote and drastically carry out the recovery of debts, especially bad debts or potential risks. Have solutions to handle debts thoroughly.
 
2. Regarding equitization settlement.
Ms. Tran Thi Thu Trang, Deputy General Director of the Corporation, is requested to take charge of and supervise. The the General Director of the units are requested to take responsibility and direct the divisions in charge of equitization such as: Finance-Accounting, Organization, Project, etc. to coordinate with the Corporation, the Ministry of Industry and Trade to carry out the equitization audit quickly and timely.
 
3. Regarding the divestment of the Corporation and the units.
- Divestment of the Corporation: It is recommended that the Chairman, the General Director of the units direct and coordinate closely the Corporation's Organization - Human Resources Division (the focal point) and the consulting unit to well determine the value of the business, building plans to divest the parent company in accordance with the schedule.
- Divestment of Technoimport Company: It is requested the Assistant Team, the Standing Steering Committee closely follow and execute the proposed schedule. The completion is ensured in January 2019.
 
4. Regarding the inspection of equitization in period 2011-2017.
It is requested the Corporation's Organization - Human Resources Division (the focal point), the General Director of Duyen Hai Mechanical Joint Stock Company and related units to closely coordinate with Organization - Human Resources Division, Ministry of Industry and Government Inspectorate to complete the inspection contents as required.
 
5. Regarding the financial supervision.
- It is required that the units determine the efficiency as the main objective, the leading factor in the production and business activities. Should not just focus on the revenue and turnover, in order to promote the increase of profit ratio and profit of the company, to gradually bring profit to the parent company corresponding to the investment capital of subsidiaries (expected profit from 2019).
- It is required the units to strictly comply with the State regulations, the internal regulations of the Corporation and the Company on the financial and accounting work.
- Regularly reviewing, evaluating and promptly reporting arising problems, and shortcomings in financial and accounting work so as to work out solutions to prevent potential dangers and risks of vandalism. Escaping property, capital in production and business activities.
 
Some photos at the Conference
 
Mr. Nguyen Khac Hai, Deputy Secretary of the Party Committee - General Director
of the Corporation chairs the meeting
 
Mr. Nguyen Duc Trong, Head of Economic - Planning - Technical Department,
presents the report on the first 6 months of 2018
 
Mr. Tran Quoc Toan, Secretary of the Party Committee - Chairman of the Board of
Directors presents at the conference
 
Mr. Cu Ngoc Phuong, member of the Board of Directors of the Corporation,
General Director of Duyen Hai Mechanical Joint Stock Company
 
Ms. Tran Thi Thu Trang, Deputy General Director cum Head of Finance and
Accounting Department, comments
 
Phan Pham Ha, General Director of Hanoi Mechanical Company comments

Mr. Nguyen Dinh Loi, Deputy General Director of Quang Trung Mechanical
Company expresses his opinion

Mr. Nguyen Anh Tuan, President and CEO of Technoimport Company comments
 
Vu Trung Thuc, General Director of Equipment Company No.1 comments
 
Mr. Le Huy Hai, Director of ISC Company comments

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