This newspaper reports On January 12, Zhenshi Holdings Group held its 2020 work conference and asset management target responsibility contract signing ceremony. The conference objectively reviewed the work of 2019, affirmed the achievements, analyzed the existing problems, and made specific arrangements and requirements for the 2020 work targets. Zhang Yuqiang, Chairman and President of the Group's Board of Directors, delivered an important speech. Zhang Jiankan, Vice President, delivered the "2020 Work Report." At the meeting, three units, Sales Department 2, Haishi Company, and the Financial Accounting Department, gave typical speeches; six units, Hengshi Company, Yushi Company, Zhenshi Hotel, Huamei Company, Yash Company, and the Procurement and Supply Department, made statements of commitment.

President Zhang Yuqiang delivered an important speech at the meeting, in which he first reviewed and summarized the work of 2019. He stated that today's meeting was very successful, and each unit should implement the meeting content around the work report after the meeting, achieving shared experience and shared results. Zhang Yuqiang made brief comments on the three units that gave typical speeches: Hengshi Company has achieved high-quality development, high-speed growth, and high-quality improvement in the past 10 years, with the "three high" requirements demonstrated vividly in all aspects; Haishi Company, under the extremely difficult cycle of world trade and economy, achieved the goal of a "100 million yuan enterprise" two years ahead of schedule, an achievement that was hard-won and glorious; the Group's Financial Accounting Department, faced with a large amount of capital demand, reasonably controlled funds, had strong fund planning, effectively reduced the cost of fund use, and ensured fund safety.

At the meeting, Zhang Yuqiang analyzed the macroeconomic situation in 2020. He pointed out that the downward pressure on the economy in 2020 will further increase, and uncertainties are increasing, but certain factors are developing, and there is still room for economic growth. To this end, we must fully utilize Zhenshi's strengths, potential, and opportunities, and focus on three key areas: First, seize opportunities and do a good job in the "three grasps" of projects, focusing on output, commencement, and new investment; second, seize opportunities and do a good job in the "three grasps" of structural adjustment, focusing on investment structure adjustment, industrial structure adjustment, and product structure adjustment; third, seize opportunities and do a good job in the "three grasps" of talent, focusing on talent cultivation, talent introduction, and team building.

Finally, Zhang Yuqiang emphasized that 2020 is a year full of challenges and hope. All Zhenshi people must closely unite around the Group's Board of Directors, focusing on the ideas and requirements put forward in the work report, build confidence, boost morale, increase work efforts, improve work quality, continue to adhere to the three high requirements of "high-quality development, high-speed growth, and high-quality improvement," and strive to achieve the goal of "three comparisons and three exceedances" (year-on-year comparison, budget comparison, and comparison with the best historical results), and strive to realize the dream of a century-old Zhenshi.

Vice President Zhang Jiankan, in the "2020 Work Report," objectively analyzed the achievements made in 2019 and also pointed out the existing problems, focusing on the work goals and directions for 2020. Zhang Jiankan pointed out that over the past year, all Zhenshi people, in accordance with the requirements of the annual budget and work conference, guided by the three entrepreneurial goals, have worked around key points, highlights, difficulties, and weaknesses, working together to overcome difficulties. Sales revenue, profits, and operating cash flow all achieved double-digit growth, achieving gratifying results: the Group achieved a year-on-year increase of 14.58% in consolidated operating revenue; a year-on-year increase of 12.53% in operating profit; a year-on-year increase of 9.2% in operating cash flow; a year-on-year increase of 83.54% in total investment in industrial projects; a year-on-year increase of 12.54% in payable taxes; a year-on-year increase of 40.02% in export earnings; a year-on-year increase of 9.55% in per capita output value; and a year-on-year increase of 9.38% in per capita salary. Project construction was fully launched, and international layout was continuously improved. The industrial structure was continuously optimized, and core competitiveness was effectively enhanced. Functional services were continuously deepened, and headquarters control was continuously strengthened. Cultural construction was steadily promoted, and brand image was continuously improved. At the same time, four problems and shortcomings were raised: the operating quality of some enterprises needs to be improved; basic management work needs to be strengthened; the construction of an internationalized talent team urgently needs to be strengthened; and the effect of improving execution is not good.

The meeting determined the work ideas and requirements for 2020: Grasp projects, internationalization, and optimal layout. Establish systems, strengthen management, and optimize systems. Emphasize innovation, rapid adjustment, and optimize the market. Unite people's hearts, increase momentum, and optimize teams. Establish brands, improve image, and optimize culture. Make every effort to promote project construction and continuously enhance the momentum of development. Comprehensively strengthen basic management and effectively consolidate the foundation for development. Fully promote structural adjustment and steadily achieve high-quality development. Wholeheartedly focus on team building and create the strongest driving force for development. All staff participate in cultural construction and achieve cultural leadership in development.

Thousands of red and purple flowers are arranged, just waiting for the first sound of spring thunder. 2020 is a key node in Zhenshi's three entrepreneurial efforts. All Zhenshi people must firmly grasp the advantages, be confident, and forge ahead, striving to become an international enterprise group with prominent main businesses, industry leadership, a combination of secondary and tertiary industries, diversified development, refined management, continuous innovation, first-class brands, excellent culture, and a strong sense of social responsibility.

A total of 600 people attended the meeting, including the group's leaders, middle and above-level cadres, introduced doctors, assistant managers of subsidiaries, and group-level advanced employees.