Production and research and development of roll grinding machines
One of the earliest domestic enterprises to develop and manufacture roll grinding machines.
One of the earliest domestic enterprises to develop and manufacture roll grinding machines.
Seizing the Inventory Count to Boost Guiyang Xianfeng’s IPO Efforts—A Report on Guiyang Xianfeng’s Inventory Count Work on March 30 and 31, 2024
2024-04-02
An ordinary weekend, yet an extraordinary overtime effort. On March 30 and 31, 2024, staff from the Guiyang Xianfeng Listing Task Force, the Safety and Environmental Protection Department, the Technology Center, the Production and Supply Department, and other departments worked tirelessly, pooled their wisdom and efforts, and carried out the inventory work in a tense yet orderly manner.
Asset inventory is a tedious yet complex foundational task—and it also serves as one of the most critical pivots for the company’s progress toward listing on the stock exchange. To ensure the accuracy of inventory data across all warehouses, the Guiyang Xianfeng Production and Supply Department organized a mobilization meeting on March 29, 2024. Let’s pool our collective wisdom, leverage our respective professional strengths, and allocate personnel appropriately to ensure that this inventory effort achieves tangible results.
The scene of the mobilization conference
This inventory was conducted using a method that involves matching physical items against accounting records and vice versa, meticulously verifying the asset name, quantity, specifications, model, code, and storage location for each item. Based on the actual detailed data of each asset, we recorded the information in the ledger to ensure that “the books match the physical assets and the books match each other.” Providing solid data support for the company’s shareholding reform and listing.
Building on the lessons learned from previous inventory experiences, The inventory team conducted a comprehensive review, exercised strict supervision, and carried out meticulous examination and verification. The data from this inventory will serve as a crucial foundational support for subsequent shareholding reform and listing on the stock exchange.
At the inventory site, whether it’s the parts warehouse, the raw materials warehouse, the fuel warehouse, the hardware warehouse, or the steel materials warehouse, All employees demonstrated extremely high cohesion and combat effectiveness; everyone... Pooling our collective wisdom and strength, tackling challenges head-on, and striving relentlessly forward—let’s effectively organize our available resources, streamline our work approaches, stay firmly focused on achieving desired outcomes, and make every effort to overcome all obstacles, thereby removing barriers to Guiyang Xianfeng’s restructuring and IPO, and doing our utmost to realize our established goals. 
Inventory sites for the raw material warehouse, fuel warehouse, hardware warehouse, steel material warehouse, and others.
Inventory site of the standard parts library
The restructuring and IPO of Guiyang Xianfeng is a long and arduous journey. We believe that, with the support and assistance of all levels of government and organizations, and through the concerted efforts of the company’s vast workforce, Guiyang Xianfeng will surely achieve leapfrog development and successfully realize its ultimate goal of restructuring and going public. All employees of Guiyang Xianfeng will also play an integral role throughout the company’s journey to becoming a publicly listed entity. Firm Practitioner, Brave Pioneer, Glory Witness!
Source: Production and Supply Party Branch, Mu Guifu
Editor of this issue | Chen Yiting
Editor-in-charge: Peng Zhenhai, Huang Wanfen
Final Review | Wu Suping
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