On the afternoon of January 11th, 2011 Board Meeting of Shandong Aneng Conveyor Belt & Rubber Co., Ltd. was successfully held in the VIP meeting room in the fifth floor. Hixih Group Chairman Niu Yishun, Executive Director Niu Teng, GM of Aneng Qi Song, and some leaders from Aneng and Veyance took part in the meeting.
At the meeting, all participants had the full communication and in-depth discussion of Aneng Company in 2010 for the production operation, raw material prices, high pressure hose construction projects, new product development and board management. And they researched the next challenge and response measure to achieve consensus.
In this meeting they fully affirmed the achievements of Aneng Company in 2010. They agreed that, in 2010, facing the complicated global economy, raw material prices rise and an increasingly competitive market, Aneng Company, under the correct leadership of the company and in joint efforts of all the staff, has made excellent operating results, significant revenue growth, improved internal management and significant improvement of the level of equipment, and energy saving effects obviously, and achievements are remarkable and commendable.
They pointed that, the high-pressure hose construction should be actively promoted, the installation schedule should be accelerated, to complete the project design and construction of laboratory and office building as soon as possible and before May the project should be put into normal production; Further study the way of energy saving, increase new product development efforts and actively resolve cost pressures of the prices of raw materials to achieve cost efficiency; Continue to strengthen the board operation and management, improve the relevant system and establish the Audit Committee of the company.
They thought that facing the profound changes in the global economy and increasingly fierce market competition, promoting IPO was the only way to maximize efficiency and the inevitable choice, the sooner the better. Emancipate the mind and update new ideas to fully understand the importance of IPO, so take strong measures to unswervingly push forward IPO.
Before the meeting, John Hamilton and his party visited the site of high pressure hose construction, conveyor belt plant and steel wire rope plant, fully felt the Group's corporate grand scale, first-class internal management, advanced technology and equipment, improved industrial parks and beautiful environment.