Anchor on the Value Benchmark, Forge the Future Through Pragmatic Action

— Commendation Conference Celebrating the 105th Anniversary of the Founding of the Communist Party of China and the “Wanxiang Enterprise July 1st Party Lecture”

 

Lu Weiding 
July 1, 2026 
 

 

Comrades,

 

Today we are here celebrate the 105th anniversary of the founding of the Communist Party of China. Let us pay tribute to the Party! Let us learn from outstanding models and advanced exemplars and salute the Medal of the Party’s Centennial Glory recipients! We will study and implement the spirit of General Secretary Xi Jinping’s important speech delivered at the ceremony marking the 105th anniversary of the CPC and Xi Jinping Thought on Party Building.

 

WANXIANG commends a group of outstanding CPC members, outstanding Party workers, and advanced primary-level Party organizations. On behalf of the Group Party Committee, I extend my warm congratulations to all recognized individuals and collectives! I also send festive greetings to all CPC members across all fronts of WANXIANG!

 

For an enterprise of WANXIANG’s scale, we host a grand assembly every July 1. Everyone arranges their schedules to attend, with round trips taking at minimum one day, or over two days for some. Sustaining this practice is no trivial feat. Though it may appear a mere routine, consistent observance endows it with meaning far beyond celebration and gathering alone.

 

When selecting advanced models each year, we adhere to one unwaverable principle: seek truth from facts, rather award none than confer honors unworthily. Our sole evaluation criterion: who has truly solved problems, created value, and shouldered responsibilities. Selection itself serves as a guiding signal: those we honor embody the values we advocate; the yardstick we use to measure performance steers all staff’s efforts.

 

We have long emphasized identifying and resolving problems. Yet within our society, our Group, and our enterprise, many managers continue to create new problems. Furthermore, we cannot confuse good with bad, right with wrong, or those who deliver results with those who accomplish nothing. Many managers only speak of achievements yet fail to pinpoint deficiencies; they only affirm correct practices yet hesitate to call out errors; they reward diligent performers yet take no decisive action against idle, unmotivated staff. At its core, this stems from flawed value orientation.

 

In today’s July 1 Party Lecture for WANXIANG Enterprises, I wish to discuss one core theme with all of you: genuine value.

 

I. The Primacy of Genuine Value

 

Since the start of this year, the Party Central Committee has arranged nationwide education campaigns across the entire Party to foster and uphold a correct view of political achievements. The core objective is to rectify hollow, unsubstantiated work styles and advocate truth-seeking, pragmatic value pursuits. The view of political achievements is no minor matter—it is the master switch governing our outlook on development, power, and undertakings. Whether one holds a correct view of political achievements determines the quality and substance of development. This ideological calibration, disciplinary rectification, and action guidance issued to the whole Party by the Central Committee serves the broader pursuit of high-quality development and lays groundwork for the launch of the 15th Five-Year Plan. It constitutes a critical measure to enforce strict Party self-governance and improve the work conduct of cadres.

 

Where governments emphasize a correct view of political achievements, enterprises correspond with a sound view of operational performance, which at its core champions genuine value. Faced with surging tides of the times and corporate development hurdles, how to create genuine value poses an essential real-world test we must answer. We are living through an unprecedented era of industrial transformation: the national 15th Five-Year Plan identifies self-reliance and strength in science and technology and the development of a modern industrial system as core missions. Global science and technology are undergoing seismic shifts; new technologies represented by artificial intelligence are permeating and reshaping all industries, coupled with an unstoppable energy revolution. WANXIANG, deeply rooted in machinery manufacturing and the energy sector, has built new business forms centered on mobility, operation and intelligent control—placing us squarely on the critical track of this transformation. Opportunities are more accessible than ever before, yet competition is also fiercer and more direct.

 

Opportunities never automatically translate into strength. Faced with identical opportunities, some seize them while others fail to capitalize. What accounts for this divide? Cognitive capacity and execution. To act in alignment with one’s aspirations, and to aspire through one’s deeds: once a direction is clear, commit firmly; once committed, take action; once action is taken, deliver tangible outcomes. Yet in day-to-day operations, we frequently witness meticulously drafted plans that stall mid-implementation, massive investments yielding meager returns, superficial fanfare overriding earnest work, and fleeting short-term prosperity masking long-term weakness. Such issues may seem rooted in flawed methods or insufficient capability, yet their origin lies in flawed thinking: a separation between superficial “performance metrics” and genuine “value creation,” a departure from the essence of true value.

 

What is genuine value? Simply put: measure performance by value, and carry value through performance. In the past, our corporate cultural values answered what we believe in and pursue—the shared value foundation of all WANXIANG staff. For cultural values to take root, they must translate into a tangible, actionable measuring rod: genuine value. This yardstick judges whether work is done correctly and well, and whether operational results carry weight and meaning. Distinct from a narrow view of performance that fixates on figures and short-term gains, and separate from abstract values disconnected from real practice that devolve into empty slogans, genuine value entails both steadfast pursuit of performance and unwavering adherence to value bottom lines.

 

II. Genuine Value as Advocated by WANXIANG

 

WANXIANG possesses its own living textbook on genuine value: our Chairman of the Board of Directors, a rural entrepreneur who grew his business from a bicycle repair shop. Why has he steered WANXIANG through half a century of trials and hardships, earning enduring respect? Many reasons exist, yet one is irreplaceable: he spent his entire life illustrating what constitutes rightful endeavors and authentic performance. By personally practicing the plain belief in solid work, he bequeathed WANXIANG the cultural gene of creating genuine value.

 

Creating Genuine Value Starts with Embracing the Bigger Picture and Aligning with National Trends

 

An enterprise’s future is eternally intertwined with the nation’s destiny; private economic development relies fundamentally on national strategic trends. Our business pursuits never center solely on profit. Instead, we proactively integrate industrial layout, technological breakthroughs, and operational growth into national priorities: building a manufacturing powerhouse, advancing carbon peaking and carbon neutrality goals, and securing independent and controllable industrial chains. Awareness of the bigger picture embodies foresight, resolve, and voluntary commitment. Development detached from national trends amounts to water without a source; performance deviating from the right political direction is fruitless labor.

 

WANXIANG consistently heeds the Party’s guidance and follows its lead, undertaking initiatives endorsed by the Party and nation. Pursuing reform, developing real industries, going global, supporting agriculture through industrial profits, advancing clean energy, and constructing the WANXIANG Innovation Energy City—every step aligns with national development rhythms, allowing us to reap the dividends of the times. We strive to integrate corporate prospects with national destiny, eschewing short-term gains and disregarding personal interests. This grand value of “upholding moderation and harmony, serving the nation through industry” forms the foundational tone of WANXIANG’s genuine value.

 

The Essence of Creating Genuine Value Lies in Seeking Truth from Facts and Rejecting Empty Performances

 

Identifying the correct direction is challenging; far harder is unwaveringly committing to solid work without distraction. Truly valuable performance stems from down-to-earth labor—not hollow rhetoric, polished fabrications, or flashy posturing. Elaborate work reports mean nothing without on-site results; glossy financial statements cannot disguise cash flow realities; lengthy plans carry no weight without deliverables. Strip away superficial value creation, and all empty pretenses are laid bare at low tide—none of this qualifies as solid work.

 

We rely on earnest labor to fully and fruitfully deliver every small, difficult, concrete task. “Accomplish one practical task each day, one innovative task each month, one major undertaking each year, and one meaningful mission over a lifetime”: this is the creed of all WANXIANG practitioners. Taking steady, uninterrupted strides, seeking truth and delivering tangible outcomes, embracing the mindset “I need not claim credit for success, yet success must involve my efforts”—this authentic value forged through sustained solid industry development constitutes the true character of WANXIANG’s genuine value.

 

The Original Aspiration Behind Creating Genuine Value Is Co-Creation and Shared Benefits for Society

 

The Communist Party of China adheres to a people-centered development philosophy: development for the people, by the people, with its fruits shared among the people. Delivering benefits to the people represents the most profound form of achievement. For enterprises, this “people” encompasses every employee, shareholder, customer, partner linked to our corporate fate, and the communities where we operate. Industrial responsibility demands giving back to society, ensuring development benefits all stakeholders—this marks the ultimate destination of our corporate operations.

 

The spiritual belief handed down by WANXIANG’s founder centers on pursuing a world of common prosperity. Striving to double business output every decade enables employees to live and work in peace and contentment while boosting hometown development. We invest in agriculture, rural areas and farmers, advance public welfare, and devote resources to poverty alleviation, educational support and mindset empowerment. We launched the “100,000 Strong Sino-US Exchange Program” to advance people-to-people cultural exchanges. Transcending self-interest to benefit the broader world, fostering warm development and extensive social responsibility—this tangible value of “upholding virtue and perseverance to achieve universal prosperity” defines the full substance of WANXIANG’s genuine value.

 

The foundational tone of embracing the national big picture, the true character of truth-seeking pragmatism, and the full substance of co-creation and shared benefits together form the spiritual core of WANXIANG’s genuine value, serving as our yardstick for evaluating all work and entrepreneurial achievements.

 

III. Calibrating Deviations from Core Values

 

Turning to present realities, we must soberly recognize that amid generational leadership transition and the shift between old and new growth drivers, some Party members and cadres show emerging signs of value deviation. Fundamentally, they fixate on superficial “performance indicators” while neglecting the foundational pursuit of intrinsic value creation.

 

First Deviation: Equating Polished Financial Statements with Genuine Performance

 

Some enterprises draft flawless strategic plans and set inspiring operational targets, yet implementation lacks momentum and goals often fall unmet. Certain R&D efforts fall into the trap of “innovation for innovation’s sake”: heavy upfront investment paired with lagging commercialization, turning research merely into bullet points for presentations rather than translating into real corporate revenue and core competitiveness. Other investment teams prioritize securing approval and disbursing funds, with little regard for whether investments are sound or yield returns.

 

We demand results-oriented pragmatism. No amount of glossy paper-based performance metrics can build WANXIANG’s core strength. The Group’s assessment orientation is unambiguous: judge talent by value created. We do not measure success by polished financial reports, refined presentation materials, or eloquent speeches. Instead, we evaluate steady improvements in market share, customer satisfaction, return on assets, proprietary technology patents and other competitiveness metrics, alongside genuine growth in intrinsic corporate value.

 

Second Deviation: Prioritizing Short-Term Visible Achievements Over Long-Term Substantial Results

 

Some managers adopt a “transient steward” mindset, fixated on assessment benchmarks. Upon taking office, they rush quick, short-sighted wins, refusing to invest in long-cycle initiatives, even passing risks to subsequent leadership and allowing minor issues to escalate into enduring operational burdens. Other cadres, assuming reassignment the following year, adopt passive, complacent attitudes, evading difficulties and accountability. They subscribe to the mindset “inaction avoids mistakes, more work invites blame,” satisfied merely to maintain existing operations rather than plan breakthroughs for the enterprise’s future.

 

We require steadfast vision for sustained, long-term results. WANXIANG’s undertaking is a relay race. Every cadre must transcend the limits of their term, considering overall corporate development. They must excel at their own leg of the race while carefully passing the baton to successors. We must advance slow-yet-firm technological breakthroughs, build foundational systems with enduring impact, and cultivate young talent capable of delivering real work and succession. Such latent, long-term achievements carry far greater value than superficial, instant successes.

 

Third Deviation: Confusing Busy Surface Activity with Tangible Post Performance

 

Some staff fill every day with back-to-back meetings and complete all procedural formalities, appearing perpetually occupied and diligent—yet ultimately deliver no substantial outcomes. They mask operational inefficiency through superficial busyness. Hard labor without results is not meritorious; constant activity does not equate to accountability. Prioritizing process over outcomes, emphasizing input without measuring output, this seemingly diligent posturing wastes corporate resources, slows workflows, and unfairly disadvantages colleagues who deliver genuine value.

 

We embrace a results-driven mindset centered on solid delivery. True accountability means no performative box-ticking or extended unproductive work hours—these amount to merely going through the motions. With a sense of ownership, treating corporate matters as personal responsibilities, staff will proactively plan and execute scientific initiatives to ensure every undertaking succeeds. At WANXIANG, we stand firmly behind strivers and applaud dedicated contributors. Those who create value will occupy center stage and reap corresponding rewards, while unqualified pretenders will find no place within our ranks. We will cultivate a workplace ecosystem where rewards and penalties hinge on results, and promotions and transfers are determined by value creation.

 

Other more insidious value deviations demand our vigilance:

 

1. Fragmented “localized performance” marked by siloed operations: prioritizing departmental and personal assessment gains without cross-departmental vision, collaboration, initiative or accountability.
2. Cosmetic “showcase performance”: pouring extensive resources into isolated pilot projects that cannot be scaled or replicated, failing to drive systematic upgrades across core business lines.
3. Reckless “aggressive performance” that sacrifices bottom-line safeguards: prioritizing rapid revenue growth while neglecting risk control, treating workplace safety, environmental compliance and integrity oversight as compressible costs or negotiable concessions.
4. Complacent “harmony-at-all-costs performance”: confusing superficial team harmony with stable team management, dodging conflicts and evading problematic issues, lacking resolve to pursue genuine success.

 

Comrades,

 

Human society has advanced from agricultural civilization through industrial civilization and now into digital civilization, undergoing breakneck development. WANXIANG’s journey to today has not been easy. Standing at a pivotal juncture of technological revolution, we all aspire for WANXIANG to advance further and reach greater heights. A maxim rings true: “The greatest crisis lies in perceiving no crisis; the deepest peril lies in lacking vigilance.” Today’s discussion on genuine value serves as a wake-up call: what will secure WANXIANG’s future? The answer is clear and singular—not idle thoughts or empty words, but consistent, delivered action.

 

The core eight-character maxim encapsulating WANXIANG’s vision of genuine value: Act in alignment with your aspirations, aspire through your deeds. “Act in alignment with your aspirations” means steadfastly adhering to confirmed directions and intrinsic values without straying. “Aspire through your deeds” means fully delivering on set targets and planned initiatives to yield tangible outcomes.

 

At its essence, WANXIANG’s genuine value distills down to one two-character word: authenticity. This authenticity is embedded within WANXIANG’s corporate spirit: speak truthful words, deliver practical work, engage critical thinking, and resolve real problems. This authenticity defines our universal operational standard: senior executives wholeheartedly dedicate themselves to corporate advancement, Party member cadres set model standards of labor, and all employees engage in genuine productive labor. This authenticity anchors our performance evaluation yardstick: create genuine value.

 

The CPC’s global progressiveness and leadership stem fundamentally from its commitment to authenticity.

 

Comrades,

 

Upholding genuine value forms the bedrock of a Party cadre’s loyal performance of duties, and the ideological foundation for an organization’s enduring prosperity. Party members and cadres constitute the backbone of our workforce. WANXIANG’s future relies on us leading our teams to charge forward and seize industry high ground. The value we collectively create charts WANXIANG’s long-term trajectory.

 

Our vision dictates our actions. Authentic value shall serve as the primary benchmark for cadre appointments, excellence evaluations, performance assessments and compensation distribution. In daily decision-making and work execution, all of us should measure our efforts against this value yardstick, identify ideological gaps, remedy practical shortcomings, and deliver authentic achievements and results that withstand market volatility, long-term development cycles, and judgment from all employees—laying a solid foundation for WANXIANG’s enduring undertaking.

 

Comrades,

 

Today marks the Party’s founding anniversary. In one week’s time, we will celebrate WANXIANG’s corporate founding anniversary. Our discussion of genuine value at this moment serves to temper our Party spirit, refine our original aspirations, and propel us forward with renewed resolve. Our shared mission: “Build WANXIANG into a globally respected enterprise!” Every person encounters grievances in life; every undertaking faces unfair obstacles; every society contains unethical phenomena. After the 2024 National Model Worker public review, no WANXIANG staff received the honor. This year, no WANXIANG personnel were recognized as outstanding CPC Members following the official public review.

 

Global respect cannot be won through sheer scale or industry rankings alone. It is earned through unwavering ideals, passion, solid work and perseverance: delivering outstanding outcomes one initiative at a time, setting industry benchmarks, leading market evolution and reshaping industrial norms. Forging ahead without pause in our undertakings defines what it means to be an exemplary Party member of the new era and an outstanding worker as General Secretary Xi advocates—delivering contributions to the nation, nourishing society, and leaving a lasting mark on our times.

 

Let us all Party members and cadres take the lead as role models, guided by our original aspirations as our helm, solid work as our sails, and genuine value as our navigational beacon. Uphold the resolve to “focus single-mindedly on truth-seeking development”, demonstrate perseverance to “strengthen quality-driven momentum and forge ahead with scaled growth,” and create incremental gains that enhance both quality and efficiency within our respective roles to forge a new journey of high-quality development for WANXIANG!

 

Thank you all!