SUNWAY Longbang Holds 2025 Work Conference
Release date:
2025-01-21
On January 21, Shandong SUNWAY Longbang New Material Technology Co., Ltd. (hereinafter referred to as SUNWAY Longbang) held its 2025 Work Conference, reviewing the achievements of 2024, recognizing outstanding teams and individuals, and outlining the work plan for 2025. Qu Sichun, Party Secretary and Chairman of the Group Company, and Feng Yiyuan, President of the company, attended the meeting and delivered important speeches. During the event, Liu Wanxiang, General Manager of Sanwei Longbang, provided a detailed summary of the company's 2024 performance, followed by statements from Sanwei Longbang's senior leadership. The conference emphasized that the key priorities for 2025 have been firmly set. Moving forward, Sanwei Longbang, under the guidance and support of the Group Company, will adopt an even more rigorous approach and a more pragmatic work ethic to tackle challenges head-on, continuously advance project construction, achieve new breakthroughs, and demonstrate a fresh, dynamic spirit through concrete actions—laying a solid foundation for the company's sustained growth and development.
Qu Dong mentioned that in 2024, despite the complex and volatile economic environment, Sanwei Longbang steadily advanced production operations, technological R&D, and project construction around its annual business objectives, achieving impressive results. In 2025, Sanwei Longbang will leverage the four key words—“standardization, opportunity, innovation, and development”—to continuously forge new ground for high-quality growth.
Qu Dong's Request:
1. Standards are the prerequisite for a company’s long-term growth. The company must comprehensively align itself with the benchmarks of listed companies in areas such as corporate governance, management processes, safe production, and environmentally friendly operations, while actively pursuing recognition as a high-tech enterprise to ensure standardized management and efficient operations.
II. Seize the opportunities for corporate growth. On one hand, we must capitalize on emerging opportunities in high-end new materials such as isooctanoic acid and cellulose—quickly putting these products into production and swiftly capturing market share without wasting time, thereby enhancing the company’s operational efficiency and execution capabilities. On the other hand, we should leverage the dual opportunities presented by both domestic and international markets, actively expanding overseas while simultaneously attracting top-tier talent, ultimately solidifying the Tri-Dimensional Longbang brand.
3. It is essential to cultivate innovative thinking and adapt to new changes through innovation. The company should collaborate with other leading universities to accelerate the research and development of high-value-added products such as cellulose and its derivatives, thereby enhancing product competitiveness. At the same time, the company must also innovate in areas like management, corporate culture, and incentive mechanisms to inspire employees' enthusiasm and motivation.
4. Enterprises must spare no effort in pursuing development. The ultimate goal of corporate growth is to ensure employees’ happiness. To achieve this, the company will continue to uphold the guiding principle of "optimizing and refining existing assets while extending the value chain to unlock new growth." By attracting talent and strengthening brand-building initiatives, we aim to drive high-quality development, creating a better work environment and more opportunities for our employees to thrive.
Mr. Feng mentioned that in 2024, Sanwei Longbang simultaneously advanced in multiple areas—including production and operations, project construction, and technological R&D—achieving positive outcomes and notable accomplishments. However, the company has yet to reach profitability, and there is still room for improvement in terms of management standardization. Looking ahead to the new year, Sanwei Longbang must focus on the following key tasks:
1. Ensure the iso-octanoic acid project is completed and put into operation on schedule, proactively prepare personnel and tackle technical challenges ahead of time, and actively build up market resources to guarantee smooth product launch and secure a strong foothold in the market.
II. Enhance production efficiency, control costs, and strictly manage the number of production personnel. Simultaneously, boost the productivity of existing employees. Taking the launch of new projects as an opportunity, implement multiple measures to significantly increase output per employee.
3. Enhance management levels to ensure standardized operations. The company should further streamline and optimize its management processes in accordance with the regulatory requirements for listed companies, appropriately address key business challenges such as procurement and sales, and promptly establish a suitable management system.
4. Conduct a thorough asset review to ensure clear ownership of all assets, eliminating any disputes arising from unclear property rights. This will guarantee that every asset contributes maximally to the company's profitability.
V. Taking comprehensive budget management as the key driver, we will streamline the company’s operations and production processes across all functional areas.
Mr. Feng emphasized: "2025 is a pivotal year for Sanwei Longbang's development. All employees are encouraged to embrace challenges with even greater enthusiasm and a pragmatic approach, seizing opportunities to contribute fully to the company's growth."
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