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.
Guiyang Xianfeng: Taking Stock of What’s in Our Hearts and Strengthening Internal Control Management —— A Report on the “Inventory” Phase of Pre-IPO Preparations at Guiyang Xianfeng Machine Tool Co., Ltd.
2023-07-19
Preparing for the IPO is the top priority for Guiyang Xianfeng Machine Tool Co., Ltd. (hereinafter referred to as “Guiyang Xianfeng”), and “inventory count” is the most critical and indispensable step in the preparation of the inventory, sales, and procurement data for the IPO. According to the listing milestones and the IPO work schedule, Guiyang Xianfeng must complete a comprehensive company-wide inventory count within one month. Faced with tight deadlines and heavy tasks, Guiyang Xianfeng has attached great importance to this effort, formulating a detailed inventory plan, allocating substantial human and material resources, adopting a reverse scheduling approach with visual task boards, and establishing specialized teams—including an inventory, sales, and procurement team, a man-hours team, and a financial review team—to conduct a thorough inventory count of all stock items, work-in-progress products, and fixed assets, one by one.
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