CFHI Accomplished the Commodity Output Value in 2010

A fall of seasonable snow gives promise of a fruitful year. The exciting news from the Production and Planning Department is that with the common effort of all the staff, until December 31, 2010 CFHI has accomplished the commodity output value of RMB 12 billion and created many historical high in multiple index of molten steel output, forgings output. The production target set in the employee congress at the beginning of the year is achieved which lies the solid foundation for a bigger breakthrough in entering the TwelfthFive-Year Plan for our company.

Since the beginning of the year, CFHI has made every effort to carry out the adjustments and innovations of production organization type and the way of sale under the target of 12 billion commodity output value, overcome the difficulties such as unbalanced equipment capabilities and the decrease of purchase order , enhanced the mode of specialized production organization, made full use of the technical revamped equipment, kept on strengthen the strict requirement of production and planning, reinforced the project administration, increase the examination control on the spare parts in urgent need by customers, projects of delay in delivery and termination, tried to shorten the production cycle and enlarge the quantity of output, adapted to the change of the marketing situation, surged the waves of production, continuously overcome difficulties, broken through the bottle neck in order to keep the production schedule, products quality and delivery time.

In 2011, CFHI will take the market as the central task and make full use of the Three bases according to the marketing changes and customers need, properly allocate and utilize all kinds of resources, give prominence to the specialized production, set the objective of delivery on schedule, continuously enhance the rate of contract execution, decrease the production cost and shorten production manufacturing cycle with the precondition of quality assurance, pursue the benefit from the technology, quality and management, further enhance the enterprise core manufacturing capability and competition in the market so as to realize the commodity output value target of RMB15 billion.