On the afternoon of August 16th, 2021, Zhejiang JASAN Holding Group Production & Business Half Year Conference was held in JASAN headquarters. CEO of the Group, Mr. Zhang Maoyi took the chair, vice presidents Ms. Koko Guo, Mr. Jiang Feng, Mr. Hu Tianxing, Mr. Lv Jianjun, Mr. Zhang Wangwang, Mr. Zhou Wanyong, and Mr. Shicon Li etc. high level management attended the meeting and delivered the reports respectively. In the meanwhile, general managers of all six production bases of Jiangshan, Shaoxing, Guizhou, Hai Phong in Vietnam, and Hung Yen in Vietnam joined the video conference and delivered the reports accordingly.
During the conference, the summary report on every aspect of tasks achieved in the first half of 2021 was delivered, and the analysis for existing issues and inadequacies were discussed. Meanwhile, work schedule for the second half year was also concluded, and improvement strategy was also formulated. At last, CEO of Group Mr. Zhang Maoyi made concluding remarks.
During the conference, the summary report on every aspect of tasks achieved in the first half of 2021 was delivered, and the analysis for existing issues and inadequacies were discussed. Meanwhile, work schedule for the second half year was also concluded, and improvement strategy was also formulated. At last, CEO of Group Mr. Zhang Maoyi made concluding remarks.
Mr. Zhang commented that the related information should be shared within the team after the conference, to guarantee every management level to learn about company’s policy and next work direction to prevent information gap.
Firstly, Mr. Zhang recognized sales achievement for the first half year of 2021, with total sales turnover of 910 million RMB, i.e. 25% increase compared with the same period in 2020, to achieve profit of 108 million RMB, i.e. 96% increase compared with the same period in 2020. The sales teams, especially hosiery sales team, even under the pressure of raw material rising prices, and RMB depreciation etc. adverse international conditions, they fully consider the situation to actively communicate with customers to fight for company’s interest. Although seamless sales achievement was not so ideal, we still witnessed the hardworking of the whole team and hope to see the breakthrough soon. For Jiangshan production base and Vietnam production base, they conquered mountains of difficulties to make significant contribution to the overall achievement for the first half of 2021.
Secondly, stick to “Three Year Development Strategy” and move ahead steadily. In 2021, the Group made significant steps forward for converting from OEM to ODM, which can be reflected both in form and result: established office in Japan, and set up new design R&D company in Europe. We steadily adhere to “Three Year Development Strategy” formulated by the Group, and every department should also formulate planning schedule corresponding to the strategy.
Meanwhile, Mr. Zhang also pointed out the deficiencies existing in the work for the first half year. Affected by seamless business fluctuation, for the first half of 2021, the operating profit has not reached a peak, not exceeding the level of 2019, and also not meeting target of “Three Year Development Strategy”. On the other hand, the planning monitor is not strong enough. For the work deployment of the second half year, Mr. Zhang emphasized that firstly, we must adapt to national situation changes, change mind at proper timing, advocate “dual circulation” to attach more attention to domestic market. Secondly, the seamless section should recover as soon as possible and make efforts for exploring new customers. Thirdly, further enhance internal management level in the company. Fourthly, pay more attention to front line employees’ payroll improvement situation.
Last but not the least, Mr. Zhang announced the successful conclusion of the production and business conference for the first half of 2021, and call for everyone to make joint effort for realizing strategic target for 2021!
