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.
Conducting In-depth Visits and Research at Enterprises—Precise Services to Support Enterprise Development: A Delegation from the Municipal State-owned Assets Supervision and Administration Commission Visits Guiyang Xianfeng to Provide Guidance on Medium- and Long-term Incentive Programs.
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2023-09-18
2023 Year 9 Moon 15 On the morning of [date], Xiang Hongwei and his delegation from the Performance Assessment Division of the Municipal State-owned Assets Supervision and Administration Commission visited Guiyang Xianfeng to learn about the progress of the company’s medium- and long-term incentive program. Accompanied by relevant officials from Guiyang Xianfeng, Xiang Hongwei and his delegation toured the production site and the technology center of Guiyang Xianfeng, viewed the promotional display boards of the industrial chain Party building alliance, and gained a detailed understanding of the company’s equity structure, organizational setup, personnel composition, scientific and technological innovation achievements, production and operational status, as well as the implementation of its medium- and long-term incentive program.
The picture shows Scene from the Mid- to Long-Term Incentive Work Conference
At the meeting, Xiang Hongwei and his delegation from the Performance Assessment Division of the Municipal State-owned Assets Supervision and Administration Commission first gained an understanding of the company’s current development status, future prospects, and medium- and long-term incentive programs. They emphasized that talent is the primary source of a company’s scientific and technological capabilities, and it is crucial to effectively implement the guiding principles of incentive policies. Incentives are an important means for companies to boost employee confidence and retain top talent. We must fully embrace the spirit of “sharing risks and reaping benefits together,” unite all forces, and work collaboratively toward common development. Higher-level authorities should support lower-level departments in carrying out various forms of medium- and long-term incentives and provide strong organizational guarantees. Enterprises should actively engage in exchanges and learning with experienced companies both within and outside the province, and, based on their own specific circumstances, explore medium- and long-term incentive approaches and tools that best suit their needs, thereby rapidly promoting high-quality innovation and development.
The picture shows The Performance Assessment Office of the Municipal State-owned Assets Supervision and Administration Commission addresses Hongwei at the scene.
Comrade Xiang Hongwei pointed out that medium- and long-term incentive mechanisms are an important means for enterprises to attract, retain, and effectively utilize talent, and they represent a vital pathway for promoting the sustainable development of enterprises. Comrade Xiang Hongwei emphasized that by establishing such mechanisms, employees can share in the benefits generated by the enterprise’s growth and jointly bear the risks inherent in its operations, thereby boosting the enthusiasm of management personnel, scientific and technological talents, and key employees to take on challenges and achieve success, and fully unleashing the enterprise’s vitality. Comrade Xiang Hongwei called upon the competent authorities above Guizhou Xianfeng to encourage and support enterprises that meet the necessary conditions to boldly explore various types of medium- and long-term incentive schemes, while also providing robust services and continuously advancing efforts in policy communication, training, and supervision. This will undoubtedly inspire the enthusiasm, initiative, and creativity of all cadres and workers in state-owned enterprises, pooling greater wisdom and strength as we push forward comprehensive innovation and deepen reform.
Source: Party and Government Office
Editor of this edition｜Chen Yiting
Editor-in-charge: Xia Tailian, Jiang Yifan
Final Review | Wu Suping
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