CFGC(SZ:000055) Si Chuan Ri Bao·2025-05-25 22:11Core Viewpoint - Dazhou Steel has transformed from a loss-making entity to a profitable enterprise under the leadership of Fangda Group, emphasizing employee welfare and innovative management practices [1][2][3][4]. Group 1: Company Background and Transformation - Dazhou Steel, established in 1958, is a major steel manufacturing enterprise in Northeast Sichuan, integrating various processes from coking to steel processing [1]. - After joining Fangda Group in May 2020, Dazhou Steel underwent judicial restructuring and quickly returned to profitability, maintaining industry-leading profit margins per ton of steel [1][2]. - The company has received numerous accolades, including being recognized as one of the "Top 500 Private Enterprises in China's Manufacturing Industry" and "Top 100 Enterprises in Sichuan" [1]. Group 2: Employee Welfare and Recruitment - Dazhou Steel has adhered to the principle of "no reduction in employees, wages, or benefits," resulting in continuous salary increases for employees [2]. - The company implemented various welfare programs, including work meals, medical expense subsidies, and scholarships, enhancing employee morale and confidence in the company's future [2]. - In 2025, Dazhou Steel announced plans to recruit 87 new employees, attracting over 4,000 applicants, indicating its significant role in the local economy [2]. Group 3: Management and Operational Efficiency - Fangda Group established a support team to help Dazhou Steel refine nearly 300 operational regulations, improving efficiency and employee accountability [3]. - The company has adopted a "racehorse" mechanism to enhance productivity across all operations, leading to a substantial reduction in production costs and improved profitability [3]. Group 4: Innovation and Cost Management - Dazhou Steel has encouraged employees to engage in "small improvements" initiatives, resulting in nearly 4,000 projects over five years, which have fostered a culture of innovation [4]. - From 2020 to 2024, the company achieved over 4.5 billion yuan in profits and taxes, bolstered by advancements in research and technology [4][5]. Group 5: Strategic Positioning and Future Plans - The new plant features upgraded production processes and environmental facilities, positioning Dazhou Steel as a green and low-carbon enterprise [6]. - The company is committed to achieving carbon peak and neutrality goals while leveraging regional resources and new technologies to strengthen its market position [6].