Sinhon Meeting | Increase revenue and reduce expenditure

On August 9, 2024, Sinhon Chemical held a meeting on the theme of "Facing the severe economic situation, Sinhon Chemical increases revenue and reduces expenditure". The meeting was attended by the company's CEO, CFO, department heads and key employees.

The CEO Mr. Chen opened the meeting by acknowledging the severe economic challenges faced by the industry. He emphasized the importance of collective effort and innovative thinking to navigate through these tough times. The CFO Ms. Zhang provided an in-depth analysis of the current economic landscape, highlighting the key factors contributing to the downturn. She stressed the need for immediate action to ensure the company's sustainability.

The department heads presented various Increase revenue initiatives aimed at leveraging external resources and collaborations. These initiatives included:

Partnering with academic institutions for research and development.

Engaging in industry consortiums to share knowledge and resources.

Encouraging employee participation in new projects.

Several cost-cutting measures were discussed, including:

Streamlining operations to eliminate redundancies.

Implementing energy-saving technologies to reduce utility costs.

Negotiating better terms with suppliers to lower procurement expenses.

Encouraging remote work to save on office space and related expenses.

During Q&A Session, the floor was opened for questions, and attendees actively participated in the discussion. Concerns about job security and the impact of cost-cutting measures on productivity were addressed. The management assured employees that every effort would be made to minimize negative impacts.

At the end of the meeting, The CEO Mr. Chen concluded the meeting by reiterating the importance of unity and resilience. He expressed confidence in the company's ability to overcome the challenges and emerge stronger.

--END--

Sinhon Chemical focuses on high-quality thiourea production and manufacturing, 20,000 tons per year. We are also engaged in supply chain business, providing comprehensive solutions from products to users. 

Excellent service, reliable quality, delivering more value.

Contact us to start our journey of cooperation.

Email: info@sinhon-chem.com