In the work report of the board of directors, the company analyzed in detail the difficulties and some favorable factors faced by the company in 2009. The economic recession in developed countries such as the United States, Europe, and Japan in 2009 is an indisputable fact, and the impact on the Chinese economy cannot be underestimated. Tungsten tungsten tungsten powder products, mixes and hard alloys are mainly exported to developed countries such as Europe, America, Japan and Korea. The economic recession in these countries will lead to a decrease in consumption; tungsten-molybdenum wire will be affected by the reduction or suspension of production by domestic lighting companies. Not optimistic; the downstream battery plants of new energy materials are similar to lighting companies, with both exports and domestic consumption falling. Therefore, the biggest problem facing the company in 2009 is that the market is weak and will undergo a severe test. At the same time, he also pointed out that “winter†is “cold†for all enterprises. After more than 20 years of development and accumulation, Xiamen Tungsten has relatively strong “cold resistanceâ€: First, industry and products belong to manufacturing. The essential raw materials for the industry; second, the company has strong competitiveness in the industry, including product quality, service and scale; third, the management and technical team have higher quality in the domestic counterparts, and have the confidence to strive for upstream in the competition. . In 2009, the company will do the following work: First, strengthen the leadership of sales work and strengthen the sales force team, adopt a more active and flexible sales strategy, do a good job of sales and service, and prevent the risk that the payment cannot be timely and returned; Second, earnestly grasp the internal savings and consumption reduction of the company. The main raw materials and energy consumption of each product are the best. The total cost of the three items does not exceed last year, and the annual labor productivity increases by more than 5%. The third is to strive to reduce the operation. Cost, strengthen procurement and transportation price control, implement bidding procurement, reduce inventory; Fourth, pay close attention to investment, technological transformation projects, achieve standards, achieve efficiency; Fifth, accelerate the pace of new product development; sixth, continue to promote target performance management and comprehensive Budget management; Seventh is to accelerate the construction of technical talent team and further standardize the company's management system and mechanism.
The shareholders' meeting elected the fifth board of directors and the fifth board of supervisors of Xiamen Tungsten Industry. The new board of directors consists of 9 members, including 6 non-independent directors, namely Liu Tonggao, Zhang Wei, Wu Chongxi, Huang Guoping, Xie Yubin, and Yamada Masahiro. There are 3 independent directors, namely Mao Fugen, Wang Youming and Zheng Ming. Shi Gang, Ye Baishu, Li Zhen, Wu Dayun, Xu Jiqing, and Qi Tenglongwen were elected as non-employee supervisors of the 5th Board of Supervisors.
The first meeting of the fifth board of directors of Xiamen Tungsten Industry elected Liu Tonggao as the chairman of the board and elected Huang Guoping and Yamada Masahiro as the company's vice chairman. According to the nomination of Chairman Liu Tonggao, the board of directors decided to hire Zhuang Zhigang as the president of the company and hired Xu Huoyao as the secretary of the board of directors. According to the nomination of President Zhuang Zhigang, the board of directors appointed Wu Chongxi, Huang Changgeng, Li Wei, Wang Jining, Wu Gaochao and Xu Huoyao as vice presidents of the company, and hired Xu Huoyao as the financial controller.
The first meeting of the 5th Supervisory Committee of Xiamen Tungsten Industry elected Li Zhen as the chairman of the board of supervisors and elected Xu Jiqing as the vice chairman of the board of supervisors.
Xiamen Tungsten Industry held the 2008 Annual General Meeting of Shareholders to elect a new board of directors and board of supervisors to appoint a new presidential team
On April 9, Xiamen Tungsten Industry 2008 Annual General Meeting was held in Xiamen Jingmin Center Hotel. Six shareholders attended the meeting and some institutional investors and investors who held the company's stock but did not register. The meeting reviewed and approved the board of directors. The work report, the work report of the board of supervisors, the 2008 financial final report and the 2009 financial budget report, the 2008 annual report and summary, the profit distribution plan, etc., elected the new board of directors and the board of supervisors.