On July 1, 2023, CZME held the first half-year work summary meeting with the theme of "Multi-corner development, systematic efficiency enhancement, and certainty of results in an uncertain environment". Shao Laimin, Senior Vice Chairman, Lv Zibin, Vice Chairman, all members of the Executive Committee, and directors of each company and department attended the meeting, which was chaired by Tong Xuemei, Senior Vice President. The meeting was chaired by Mr. Tong Xuemei, Senior Vice President.

Multi-dimensional drive to build a "new pillar" of electromechanical development

The year 2023 is the key year of the second five-year plan of Zhengda Electromechanical, and "stabilizing the domestic market, accelerating overseas expansion, and multi-dimensional business development" is an important initiative for Zhengda Electromechanical to improve its performance in the face of multiple challenges such as the domestic economic downturn and industry overcapacity. At the meeting, the company's management director reported the first half of the operating situation, the second half of the market analysis and estimation and measures to achieve.

From the data, the first half of the feed and breeding BG steady development, especially feed equipment BU in a number of business sectors came out on top, becoming a new growth point; new business and overseas business as a new five-year plan of the important force of the Zhengda electromechanical, in the first half of the year showed a better momentum, new projects, new results continue to be completed from "0" to "1", "1", "1", "1", "1" and so on. New projects and new performance continued to complete the breakthrough from "0" to "1", especially the overseas business BU, through the project and technology output, the establishment of overseas market offices and other ways, the operating performance has been steadily improved, and is expected to become a new pillar of profitability of the Chengtai Machinery & Electric. Under the Food and Environmental Protection BG, Zhengyi's ring mold parts, as a star product in the industry, continued to be steadily exported in the first half of the year. In addition to the traditional domestic business, this year's response in Southeast Asia, Northeast Asia and other overseas markets has been favorable. The Vehicle & Logistics BG, under the strong influence of the epidemic and market downturn, technically upgraded and remodeled its products to actively enhance their competitiveness, while introducing new businesses and developing new products, new business models and new tracks.

Subsequently, the middle and back office departments, such as human resources, procurement, innovation, SHE, strategy, etc., made a special report. Mr. Wang Chengpeng introduced that since the first half of the year, the companies of Zhengda Electromechanical adhered to the three major innovation policies of "I have what others don't have", "I specialize in what others have" and "I learn from what others have", and completed the upgrading and reconstruction of process, technology and products, which has made the company more competitive in the market. In the second half of the year, we will continue to deepen the digitalization and intelligentization reform, and empower product upgrading, consumption upgrading and industrial upgrading with innovation and R&D. Zhao Jianhua, senior vice president of the industry's current situation and development trends for an important analysis, he pointed out that: the current poultry industry is a bright spot, overseas market demand increases, feed equipment is an advantage, chicken farm equipment is the wind, intelligent manufacturing is the trend, medium and large-scale enterprises are the target customers, the head of the customer enterprises have their own internal engineering and construction and equipment processing of the supporting enterprises, a new generation of leaders are moving towards rejuvenation and internationalization. The electromechanical business needs to take advantage of the situation and strengthen the strategic implementation through various strategies.

Strategic navigation, anchored in the five-year "new goals"

At the end of the meeting, Mr. Shao made an important instruction on the new five-year plan of Zhengda Machinery & Electricity around the theme of the conference. Since the beginning of this year, the uncertainty of the international political environment, the decline of the consumer index, the industry overcapacity and other uncertainties have brought unprecedented impact on the domestic and international economy. However, under the "uncertain environment", there is also a "clear target direction": ① Food is the most important thing for the people, and our client industry - food industry is always the sunrise industry, which means that our products will always be sold in the market, which means that our products will always be sold in the market, which means that our products will always be sold in the market, which means that our products will always be sold in the market. Our client industry - the food industry is always a sunrise industry, which means that our products will always be in demand in the market; ② Facility agriculture and digital agriculture have become mainstream, our customers need to use the Internet of Things, facilities and equipment to improve production efficiency and achieve competitive advantage, and Zhengda Machinery & Electric can provide customers with the corresponding scientific and technological support and product upgrades; ③ General Secretary Xi Jinping has emphasized the "big food concept" and "facilities" many times in his speeches. In his speech, General Secretary Xi Jinping repeatedly emphasized the importance of "big food concept", "facility agriculture" and "diversified food supply system", which points out the direction for the development of the industry. In the "National Modern Facility Agriculture Construction Plan (2023-2030)" issued by the Ministry of Agriculture and Rural Development, facility vegetables, facility aquatic, facility aquaculture, plant factories and so on are new opportunities for us. We have to continuously summarize our technology, experience and model, and actively dock with relevant government departments and associations to obtain more policy support and model promotion, and quickly occupy the strategic high ground under the policy dividend.

To this end, Mr. Shao put forward several key initiatives:

First, adhere to the established strategy unswervingly

To "one, two, three, four, six, eight" as the guidelines, multi-angle development, domestic and foreign, balanced development within and outside the Mission, accelerate the transformation of electromechanical manufacturing to intelligent manufacturing, the early realization of the five-year plan of 10 billion of the strategic objectives;

Second, improve the implementation method on the basis of strategy

Management and operation: to the external market to share, to the internal management to benefit, further rationalization of processes, tap the potential of each link, systematic efficiency gains to speed up the construction of online mall, online service platform, accelerate the layout of hydrogen energy, energy storage, plant factories, factory farming recycled water and other new tracks, in the upcoming industrial change to get a share of the pie;

C. Strengthen the coordination between businesses and increase the ratio of independent products

The industry of Zhengda electromechanical covers the whole industrial application scene of agriculture and animal husbandry, and each company should strengthen the synergy between upstream and downstream business and increase the ratio of electromechanical independent products;

Fourth, every supervisor should continuously expand the ability boundary

The storm puts strong grass the test, and the board swings to recognize the capable cadres. After the political line is determined, cadres are the decisive factor, each BG\BU supervisor should take the initiative to leave the comfort zone, expand the boundaries of competence, do their best to lead the team to achieve the budget target.

Riding the wind and waves of the tide, set sail at the right time. This year's economic situation is overall tough, and the second half of the year is still characterized by many uncertainties, so extraordinary times require extraordinary efforts and extraordinary means. Mr. Shao encouraged all companies to be driven by efficiency, management and technology, and to do everything possible to "maintain growth"; while making every effort to ensure the achievement of the target, we should do a good job in balanced development within and outside the group, and at home and abroad, so as to ensure that we can achieve certainty of results in an uncertain environment!