News On Production And Trading

Leaders of Machines and Industrial equipment corporation work with Quang Trung Mechanical one-member limited company

20/06/2019

Implementing the work program for 2019 of the Corporation Leaders with member companies, on 14/6/2019 at Quang Trung Mechanical One-member Limited Company, address: Lot CN1A, CN1F – Quat Dong Industrial Complex, Thuong Tin, Hanoi, the working group led by Mr. Nguyen Khac Hai, General Director of Machines and Industrial Equipment Corporation (MIE) worked with the Executive Committee of Quang Trung Mechanical One-member Limited Company (Quang Trung Mechanical Company).

The working session was attended by, on MIE side, members of Board of General Directors, Head of Control Committee, Heads of Personnel Committee, Finance and Accounting Committee, Economic, Planning and Technical Committee, General Director Assistant and Controller of the Corporation, and on Quang Trung Mechanical Company side, Chairman, General Director, members of Board of General Directors, Manager of Finance – Accounting Department and Manager of professional departments of the Company.

At the meeting, on behalf of the Executive Committee of Quang Trung Mechanical Company, Mr. Nguyen Van Thanh, General Director reported to General Director Nguyen Khac Hai and MIE working group on its business and production for the first 6 months, plan for the last 6 months of 2019; investment, financial management, personnel management and others.

After having listened to the report of General Director, the opinions of Chairman, Deputy General Director, Manager of Finance – Accounting Department and Manager of departments, Controller of the Corporation and the opinions of Deputy General Director, professional committees of the Corporation, General Director of the Corporation made following conclusions:

General assessment:

- There are changes in management, business administration with regard to both quality and quantity in 2019 compared to that in 2018, especially in financial management, well implementation and compliance with the regulations and rules of the Corporation as well as the Company and legal regulations.

- Praise the Executive Committee of the Company which in coordination with Trade Union always takes care of laborer life, builds and improves working environment and actively holds extracurricular activities for laborers, contributing to a culture of solidarity, strong attachment, stability and development.

1. Business and production

- The business and production in the first months has not met defined requirements and plans. It is proposed that the Executive Committee focus on directing, promoting business and production in the last 6 months of 2019 in order to accomplish the defined annual plan.

- The Management Board has approved the development orientation for the Corporation in period of 2019-2021, vision by 2026. Based on the approved development orientation, Quang Trung Mechanical Company has made the implementation plan following its defined goals and reported to the Corporation by the end of December 2019.

2. Business management

a) Finance:

- Continue upholding, promoting the financial management, review, study and make best use of available resources of the Company in order to cooperate with external partners to serve its business and production.

Note: Reinforce the financial management and administration and other activities over the Company branch, avoid the shortcomings and difficulties.

- Have solutions to promoting the use of material bases and capital in order to gradually improve the efficiency of capital use, to increase the rate of return and to have the profit deducted and contributed to the Corporation in 2019 and following years.

b) Personnel: Continue planning for building, training, re-training and developing personnel to supplement the next labor force, skilled workers.

3. Investment

- Quickly close the books to storehouse project within 2019.

- Supervise and speed up, closely follow partners to early receive 3,500m2 of office floor at 360 Giai Phong. Make plan for using, exploiting and reporting to the Corporation before the implementation.

- Management Board of the Corporation has approved the investment plan for 2019. Quang Trung Mechanical Company, based on the approved investment plan, makes the investment as stipulated.

4. Others

- The case of Mr. Nguyen Duy Xuyen: Continue following closely, coordinate, strictly meeting the requirements of legal bodies, at the same time, protect legal rights of companies and promptly report to the Corporation.

- The claims of resigning laborers: Agree with the way of settlement of the Company. It is proposed that the Company quickly handle them and report the results to the Corporation.

Some photos of the meeting