On Sep 29, the 2017 Fourth Quarter Management Strategy Release Meeting was held at SWS. SWS Top Executives were present together with related management personnel from SWS, SCH and SWS OFFSHORE.
At the meeting, related SWS Top Executives and managerial departments gave an overall review of the work during the past three quarters. Focusing on annual target indicators and key management work, they concluded the existing problems in business and production currently and gave the priority to the release of the Fourth Quarter Management Strategy.
SWS President Mr. Sheng Jigang pointed out that SWS had made a good performance at business and production during the past three quarters. On the aspect of business orders, SWS has already finished the annual target in advance and ranks top 4 in the world by deadweight. On the aspect of production, the total deadweight of delivered vessels ranks top 2 in the world. During the fourth quarter, SWS will strictly comply with the work requirement from CSSC annual work meeting, put emphasis on completing the annual delivery target, and stick to the annual delivery target unremittingly. SWS will also balance the production plan; push forward every work smoothly in order while focusing on the prototype ships of VLOC, 20000/21000TEU Container Vessels. SWS will take cost control as the starting point, carefully analyze the composition of each cost, find out the weakness of cost management, strength the cost process control, get the cost control work of new orders well done, and try best to improve economic benefit. Meanwhile, SWS will carefully plan the annual management policy, target indicators and key management work in 2018.
Chairman of SWS Board of Directors Mr. Wang Qi expressed in his talk that every management work of SWS was in smooth condition and good order now; the production and orders have already basically met the company’s demand; the effort to reduce cost, improve benefit, downsize scale and streamline organization has been paid off. All these provided a solid support for promoting SWS going forward with light burden next year. Our three shipbuilding indicators keep ranking among the top of the world that proves the leading role SWS plays in the shipbuilding industry. He put forward the following four requirements in the fourth quarter. Firstly, he required the company to strengthen the safety management and implementation so as to ensure a controllable safety situation of the whole year. Secondly, he required the company to innovate the way of talent training, to take full advantages of the university-enterprise cooperation and postgraduate workstation, and to continuously expand our talent pool. Thirdly, he required to stabilize the production rhythm, to put VLOC and ULCV above everything else, and to strengthen the implementation. Fourthly, he urged the company to deepen cost control, to sort out the cost system, to establish cost mechanism, and to carry the cost control work forward unswervingly. Wang Qi also stressed that all levels of managers need to ceaselessly enhance their own sense of responsibility and mission, get ready to greet the successful opening of the 19th CPC Party National Congress with a good spiritual outlook and outstanding work performance.
