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Xiao Bingdong, Member of the Standing Committee of the Municipal Party Committee and Executive Vice Mayor, Leads A Team to Visit CWPC, Expressing Care for Listed Companies
2024-02-08



On February 8th, as the Chinese New Year holiday approaches, Xiao Bingdong, a member of the Standing Committee of the Municipal Party Committee and Executive Vice Mayor, led a team to visit and comfort listed companies before the Spring Festival, promoting high-quality development of listed companies, helping to boost confidence, stabilize the capital market, and promote high-quality economic development. Chairman Li Renchao, Party Secretary and President Mao Jihong, and Deputy Party Secretary Xiao Yutong warmly received the guests.

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Li Renchao first thanked Xiao Bingdong, Executive Vice Mayor, on behalf of the Municipal Party Committee and Municipal Government, for his special visit to listed companies, and gave all employees of CWPC good wishes for the New Year. Li Renchao provides a detailed introduction to the specific measures taken by the company to enhance the investment value of listed companies. The company will vigorously promote the optimization of the company structure, standardize corporate governance, and continuously enhance the investment value of listed companies.

Li Renchao stated that we must adhere to the investor oriented philosophy, take on the main responsibility of enhancing our investment value, fully return to our main business, focus on new energy and new materials, waste treatment, and overcharged storage batteries, and strive to return to the forefront of the industry in 2024. We will strive to achieve a target of 20 billion yuan to improve the company's investment return, actively maintain market stability, and fully boost investor confidence in CWPC.

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Xiao Bingdong emphasized that CWPC should practice the concept of putting investors first and assume the main responsibility of enhancing the company's own value, pay attention to and enhance the investment value of listed companies, and pay attention to the market's reflection on the company's value, thoroughly analyze the reasons for market value fluctuations and actively take new effective measures to improve the investment value of enterprises. We need to establish an internal long-term mechanism to enhance investment value and strengthen the thinking of listed companies on how to enhance their investment value. We must fully utilize the "toolbox" for enhancing investment value in accordance with the law, including market tools such as share repurchases, major shareholder increases, normalized dividends after profits, and mergers and acquisitions. We should actively strengthen communication with investors and effectively improve their expectations through performance briefings, roadshows, and other means.

Xiao Bingdong pointed out that safety production is the fundamental guarantee for the life and health of employees. CWPC must attach great importance to it, and effectively carry out safety production during festivals, especially the safety of electricity, gas, and special equipment operations. It is necessary to strengthen safety inspections during the Spring Festival, scientifically arrange on duty, improve various emergency plans, and provide safety reminders for employees from other places to prevent fireworks and firecrackers from causing fires, to ensure a happy, safe, and peaceful New Year.

 Zhao Yinghong, a first level researcher of the Municipal Government Office, Wang Xu, Deputy Director of the Municipal Financial Work Bureau (in charge of daily work), and Dong Zhi, Deputy Director, Xie Fei, Director of the High tech Zone Management Committee, and Zhang Liang, Deputy Director of the Citizen Economic Development Service Center accompanied the visit.