The group company is comprehensively launching a learning and exchange activity titled "Benchmarking No. O Chemicals in Management."
Release date:
2025-05-29
On May 28, 2025, Feng Yiyuan, President of the Group Company, led a team to Zibo Nuoao Chemical Co., Ltd., officially launching the on-site exchange program titled "Learning Management from Nuoao." This initiative marks a critical step following the kickoff meeting held on May 21, aiming to drive breakthroughs across the group's various business segments in areas such as management improvement, cost reduction, and efficiency enhancement—by benchmarking Nuoao Chemical's advanced management practices. The move is designed to address the challenging external environment characterized by a tough macroeconomic landscape and intense industry competition, as well as the managerial challenges posed by the group's new phase of integrated operations. Senior leaders and managers from the Group Company and its subsidiaries participated in this hands-on exchange event.
Mr. Feng stated: "This learning session should delve deep into the field from the perspective of being 'visible, learnable, and applicable,' focusing on three key areas—corporate management, production management, and corporate culture. Everyone is encouraged to approach the training with specific questions in mind, ensuring that you can effectively translate Noah's valuable experiences into a driving force for your own growth. He pointed out that the Group is currently undergoing a profound transformation in both its business structure and management systems. As the technology and industrial sectors continue to expand, they are placing even greater demands on our managerial capabilities. Meanwhile, the management system meticulously developed by Gao Yong, Executive Director of Noah Chemical, proves to be highly instructive and worthy of emulation. Moreover, the mounting pressures from the external environment underscore the urgent need for refined management practices and optimized operational mechanisms—steps that have become essential if the Group hopes to secure a solid foothold in today’s fiercely competitive landscape."
Mr. Feng emphasized: "This learning session is not only about drawing inspiration from management methods, but also a crucial step toward 'winning efficiency, winning the team, and securing the future.' The Group’s development keywords for 2025—'empowerment, collaboration, value chain extension, and value creation'—must be integrated into every aspect of management optimization. Each team should come prepared with specific challenges and leave with actionable solutions, transforming the Noah experience into a driving force for their own growth."
During the exchange, Gao Yong, Executive Director of Noah Chemical, elaborated in detail on the core principles of corporate management. At the strategic level, Noah adheres to the approach of "doing less," adopting a pragmatic attitude to assess product value. When faced with projects or decisions that no longer align with the company's growth trajectory, Noah promptly makes necessary adjustments—ensuring long-term business sustainability and profitability. In terms of management optimization, Noah has achieved remarkable results by reshaping its leadership team and implementing the reform principle of "establish first, then dismantle"—a strategy that has yielded significant progress in areas such as grassroots-level development and process standardization.
In its practical implementation, NOO has rolled out several innovative initiatives: It has fully adopted a bidding system across both sales and procurement processes, ensuring price transparency—such as significantly reducing transportation costs through competitive bidding. In market operations, the company combines industry research with experienced insights to accurately forecast raw material price trends, strategically purchasing key materials like propylene during periods of low pricing, resulting in remarkable cost-saving achievements. Meanwhile, safety management is strengthened through rigorous second-level safety standardization assessments, which drive continuous improvements in environmental protection and safety practices according to stringent evaluation criteria. Internally, operational workflows have been streamlined, placing "customer service" at the core while aligning production closely with market demands for maximum efficiency. Additionally, under the "Focus on Three Fundamentals" initiative, NOO integrates corporate execution capabilities, systematic rule-making, and corporate culture development, creating a dynamic, spiraling mechanism for ongoing management enhancement.
At the exchange meeting, representatives from various subsidiaries engaged in in-depth discussions with Noah Chemical's management team on specific topics such as "System Development and Implementation," "Optimizing Training and Performance Evaluation," and "Human Resources and Team Building."
This exchange event has established a platform for learning and collaboration across the Group's various business units, marking a solid step forward toward the Group's goal of "standardizing corporate governance." Moving forward, each unit will further deepen the outcomes of this exchange, driving tangible management reforms. The launch of this "Learning from Noah" management exchange initiative seamlessly integrates external expertise with internal practices, poised to propel the Group toward breakthroughs in both managerial effectiveness and business performance amid a challenging economic landscape.
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