Progress meeting of the first 6 months of 2020 Machines and Industrial Equipment Corporation - JSC (MIE)
23/07/2020
On this morning of 23/07/2020, the progress meeting of the first 6 months of 2020 took place at the Headquarter of Machines and Industrial Equipment Corporation – JSC addressing at No.7A, Mac Thi Buoi, Vinh Tuy ward, Hai Ba Trung district, Ha Noi.
On this morning of 23/07/2020, the progress meeting of the first 6 months of 2020 took place at the Headquarter of Machines and Industrial Equipment Corporation – JSC addressing at No.7A, Mac Thi Buoi, Vinh Tuy ward, Hai Ba Trung district, Ha Noi.
Attending the meeting, there were the Board of Directors, the Board of General Director, Head of Supervisory Board, Chairman of Labor Union, Head of Departments and Divisions and affiliated units.
Mr. Tran Quoc Toan, Chairman of the Board of Directors and Mr. Le Quoc Hung, Acting General Director of MIE chaired the meeting.
At the meeting, Mr. Dau Huy Ngoc Linh, Deputy General Director on behalf of the Board of Directors of the Corporation reported the business operation situation in the first 6 months of 2020 and the plan for the next 6 months.
After listening to Deputy General Director Dau Huy Ngoc Linh presenting the business operation situation in the first 6 months of 2020; Opinions and directions of the Chairman of the Board of Directors as well as others opinions of Chairman/ General Director of different units, Deputy General Director in charge of finance, Chairman of Labor Union on the reported content and after analyzing and evaluating theses opinions, General Director of the Corporation has concluded as bellows:
1. Production and business activities
Despite the impact of the Covid 19 epidemic, all units in the Corporation have made great effort to find solutions to overcome difficulties; has applied actively and flexibly solutions to adapt the epidemic situation without interrupting production ensuring employment and income for employees. In the next 6 months, we recommend that the Corporation mobilize maximun all resources and have solutions to complete the plan for 2020 approved in the General Meeting of Shareholders.
2. Administration management activities
- Focus on training and developping human resources in the Corporation in order to improve management capacity, professional qualifications to meet operational requirements.
- Find all measures to reduce costs, mobilize maximun all resources to increase production and business efficiency (profit) and income for employees.
3. Financial management
- Focus on managing receivables especially bad debts.
- In the first 6 months of 2020, the Corporation has completed the financial supervision in 2019 at all its subsidiaries. The subsidiaries shall strictly comply with the conclusions in the financial supervision report for each subsidiary.
- All units proactively implement the financial reports in accordance with regulations and ensure quality requirements..
- All units proactively implement the financial reports in accordance with regulations and ensure quality requirements..
4. Divestment, restructuring activities
In order to implement the restructuring in the Corporation according to Decision No.908/ QD-TTg dated 29/06/2020 of the Prime Minister, on the basis ofproposing restructuring plan,all Units is kindly requested to consider and contribute the opinions to the Corporation before 27/07/2020 to summarize and complete the plan and report to the Industry and Trade Ministry.
5. Capital construction investment
The Corporation supports and encourages all units to invest in machinery and equipment purchase in order to innovate technology, improve production capacity as well as adapt to business requirements. However, due to limited financial resources, the investment needs to be selected carefully and must be ensured according to the legal foundations and economic investment efficiency for new assets purchase.
Some photos at the meeting
In the meeting room
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Mr. Tran Quoc Toan, Chairman of the Board of Directors speaking at the meeting
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Mr. Le Quoc Hung, Acting General Director speaking at the meeting
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Mrs. Tran Thi Thu Trang, Deputy General Director speaking at the meeting
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Mr. Nguyen Van Thanh, General Director of Quang Trung Mechanical Enginering Limited
Company speaking at the meeting
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Mr. Nguyen Ngoc Hung, Deputy General Director of Ha Noi Mechanical Enginering
Limited Company speaking at the meeting
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Mrs. Nguyen Thi Thanh Binh, President cum General Director of Mecanimex speaking at
the meeting
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Mr. Nguyen Anh Tuan, President cum General Director
of Technoimport speaking at the meeting
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Mr. Cu Ngoc Phuong, General Director of Duyen Hai Mechanical Joint Stock Company
speaking at the meeting
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Mr. Vu Trung Thuc, General Director of Tools Joint Stock Company No.1
speaking at the meeting
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Mr. Le Duy Hai, Director of ISC speaking at the meeting
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Mr. Trinh Minh Thach, Director of Tu Son Factory speaking at the meeting
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