Baowu Special steel Held the 2024 Semi-annual Work Summary Meeting
Half of 2024 has passed before you know it! The company held a semi-annual work summary meeting on July 8th to review the results of the first half of the year. We also summarized valuable experience and created more detailed plans for the work in the second half of the year in the meeting. 2024 is the year when the company unites and strives to forge ahead, strives to overcome the adverse effects of the macroeconomic downturn and unpredictable changes in the international steel market, continuously consolidates basic management, maintains and enhances its brand influence. Under the wise leadership of the management team and the hard work of colleagues in various departments, the company achieved new breakthroughs in the first half of the year, completing sales revenue of nearly 900 million yuan and a shipping volume of over 1,000 orders, both realizing significant growth compared with the same period last year!
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Faced with the current downward pressure on the economy, fierce competition in the steel market, rising operating costs and other unfavorable factors, Baowu Special steel has bucked the trend in the past six months, made improvements and innovations in many aspects, and continuously optimized production lines and inventories, as well as continuously improving the knowledge level and professional quality of business personnel. In the past six months, the Baowu Special steel sales team has traveled to many countries around the world to participate in exhibitions and visit customers in order to understand the latest industry trends, analyze users’ needs, carry out product research and development, adjust inventory structure, and strive to ensure timely supply of products, thereby satisfying clients more efficiently. At the same time, Baowu Special steel also reached long-term cooperative relationships with many local small and medium-sized enterprises during the exhibition and became a new metal product supplier for these enterprises.
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As to the domestic supply chain end, Baowu Special steel has not stopped making improvements and upgrades. The company continues to expand raw material supplier channels, increase product variety, establish new warehousing centers, and find more logistics provider resources, thereby improving production efficiency, reducing customer procurement costs, and shortening order delivery cycles without compromising on product quality.
The second half of 2024 is still full of challenges and unknowns for Baowu Special steel. On the one hand, such challenges and uncertainties come from the turbulent international situation and complex trade policies that are ever-changing. On the other hand, the growing demand for steel categories in the international steel market and the frequent fluctuations in international commodity prices further add to the unknowns. Baowu Special steel must always be prepared to deal with possible challenges and difficulties, ensuring that the interests of customers are always fulfilled and maintained, and every order can be delivered with the same high quality and efficiency as before.
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