Director of Henan SASAC Visited LYC for Investigation

Resource from: CBCC Likes:3018

Jun 29,2012

On June 15, director of Henan SASAC Xiao Xinming and his entourage visited Luoyang LYC Bearing Co., Ltd. (hereafter refered to as LYC) for investigation. They firstly visited the new windturbine bearing production line, and then at the forum, general manager Zhao Luzhong, and party secretary Chen Guozhen of LYC respectively reported about the corporate restructuring, institutional mechanism reform, production and management, market development, human resources structure, technological innovation, industrial upgrading, etc. After listening to the reports, Xiao Xinming fully affirmed the development and achievements of LYC made in recent years and expressed hope that LYC will find the breakthrough strategy in face of increasingly fierce market competition, thus to "Debottleneck and Create Advantages," putting forth effort to solve issues on the aspects of institutional mechanisms, human resources structure, personnel quality, excitation mechanism, etc.; at the same time, it must vigorously carry forward the corporate culture, strengthen the building of enterprise culture, so as to reduce the impact of the macroeconomic situation to the enterprise, and lead the enterprise run into the track of healthy development.

(CBCC)

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