Wanxiang Qianchao Holds Its First Managers' Meeting of 2022—Deepening Digital and Intelligent Transformation and Driving High-Quality Development through Technological Innovation
2022-03-28

On March 27, Wanxiang Qianchao held its first managers' meeting for 2022. The meeting focused on strategy, mission, vision, and values, reviewed the first-quarter business performance in light of the spirit, guidelines, and annual plan from the annual general meeting, and implemented key annual tasks.
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Lu Weiding attended the meeting and delivered instructions, encouraging Wanxiang Qianchao to keep pace with the times, continuously enhance its combat effectiveness, and, from a global perspective, further strengthen our “flagship” businesses. Lu Weiding pointed out that we must adhere to innovation-driven development and put technology first, vigorously develop the digital economy, and lead high-quality development. We must take action promptly, raise the flag and take on challenges, and achieve our strategic goals. Management is a practice; its essence lies not in knowledge but in action, its validation lies not in logic but in results, and its sole authority is achievement. Lu Weiding emphasized that health, safety, and integrity are fundamental prerequisites. We must uphold integrity, reinforce rules, remain constantly vigilant without letting our guard down, and learn from one incident to prevent recurrence.
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In his video address, Ni Pin focused on the conference theme and doing the “right” things, analyzed Wanxiang Qianchao’s development situation, and shared Nipco’s century-long development history, global footprint, product structure, technological capabilities, market operations, quality systems, operational standardization, future-oriented technological advancement, service-oriented approach, digital and intelligent transformation, as well as strategies, technologies, and products for the future. He encouraged managers to embrace innovation with enthusiasm, go all out, face difficulties without fear, and become ever more courageous in the face of challenges.
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Guan Dayuan pointed out that Wanxiang Qianchao achieved a strong start in the first quarter, but there is still a gap to reach the company’s development goals. We need to think deeply, take immediate action, analyze financial data, strengthen operational management, improve operational efficiency, and get moving right away to catch up. We must dare to carry out self-reform, persist in deep “mining” initiatives, achieve full coverage of supply chain management and the financial shared services center, and steadily advance digitalization and intelligent transformation.
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Li Pingyi summarized and laid out the overall work of Wanxiang Qianchao, detailed the deployment of human resources work, and emphasized the need to continue steadfastly implementing the annual goals and tackling “bottleneck” technologies. He also urged deepening digital and intelligent innovation, taking immediate action in accordance with the instructions and requirements of Chairman Weiding, working hard with renewed vigor, driving high-quality development through technological innovation, and delivering a satisfactory performance to the Board of Directors.
In accordance with epidemic prevention and control requirements, the meeting was held in a hybrid format—both in-person and via video. The meeting was chaired by Li Pingyi. Each company delivered a work report. The meeting analyzed the operational performance of each company and identified key priorities for the next phase of work.