Editor’s NoteAfter the M88 login Coal Group’s 2023 Semi-annual Work Meeting and the 2022 Annual Target Responsibility Assessment and Commendation Conference were held, Shaanbei Mining Company conscientiously implemented the spirit of the meeting and focused on the work deployment of “three major pressures and challenges” and “eight focuses”. Take effective measures to break down the goals and tasks, form quantitative indicators, establish a responsibility list, and mobilize the majority of cadres and workers to effectively unify their thoughts and actions into the decision-making and deployment of M88 login Coal Group.

Northern M88 login Mining: Precise management and control to improve quality and efficiency

“In the first half of this year, the coal industry has seen an increase in volume and a decrease in prices, and concerns about oversupply have become more prominent. Faced with the severe market situation, Zhang Wenqi, Secretary of the Party Committee and Chairman of M88 login Coal Group, is far-sighted and proposed to focus on eight key aspects of work to help us overcome difficulties. It is difficult to point out the way forward.” At the first half of the business analysis meeting, Shaanbei Mining Company carefully planned the key tasks for the second half of the year.

Since late July, Shaanbei Mining Company has quickly implemented the "Eight Focuses" work deployment of M88 login Coal Group, vigorously advocated the "tight life" work concept, and adopted many measures such as cost reduction and efficiency improvement, comprehensive budget management, etc. It quickly set off a climax of improving operating efficiency and strived to maximize corporate efficiency and benefits.

“Focus on improving operating efficiency, highlighting problem-oriented, goal-oriented, value-oriented, and result-oriented, we must live a tight life and make every effort to sprint towards the annual goals and tasks.” Chao Xuedong, chief accountant of Northern M88 login Mining Company, said that the company has formulated The "Implementation Plan for Turning around Loss-Making Enterprises and Increasing Profits" and "Implementation Plan for Building a Long-term Mechanism for Cost Reduction and Efficiency Increase" clearly define the list of responsibilities, tasks and issues, and conscientiously implement the "Eight Focus" work deployment of M88 login Coal Group.

Adhere to problem orientation and enhance cost awareness. Shaanbei Mining Company vigorously advocates the business philosophy of &M88 login;living a tight life for a long time&M88 login; and &M88 login;all costs are controllable&M88 login;, and strives to build a long-term mechanism for reducing costs and increasing efficiency.

Adhere to goal orientation and enhance benefit awareness. Continue to reduce financing costs, continuously reduce the scale of interest-bearing liabilities, and improve the efficiency of fund use; highlight performance evaluation indicators such as project investment return rate and investment payback period, and eliminate duplication and inefficient investment; strengthen &M88 login;three majors and one major&M88 login; decision-making management and optimize resources

Adhere to value orientation and enhance service awareness. Implement nine major management standard systems to standardize and improve corporate operating capabilities; strengthen agency effectiveness, improve management level and work efficiency; enhance the intelligence level of operation and maintenance branches, and broaden the scope of services.

Adhere to results orientation and enhance market awareness. Strictly implement coal quality red line management and strengthen coal quality management from the source; refine the product structure, and the lump coal rate of Hanjiawan Coal Company and Longhua Mining Company has stabilized at more than 30% and 26% respectively to ensure the maximum revenue of coal products; rational organization

Difficulties, if you can't break through them, are barriers, if you can break through them, it will be a smooth road; Challenges, if you can't beat them, it's pressure, but if you beat them, it's opportunities. Facing the new situation, the majority of cadres and workers of Shaanbei Mining Company are full of confidence. Everyone is a respondent and everyone is a forge ahead.