OREANDA-NEWS. January 29, 2014. Work Conference of Sinosteel Corporation & Sinosteel Corporation Limited was held in the headquarters in the form of videoconference.

The conference was held under the guidance of Li Jiping, Chairman of the Supervisory Board for Key Large State-Owned Enterprises, and other leaders. Jia Baojun, president of Sinosteel, conveyed key instructions of State-owned Assets Supervision and Administration Commission of the State Council SASAC and made a summary speech on the conference. Xu Siwei, Secretary of Sinosteel, made work report. Participants of the conference included leaders of Sinosteel Corporation, and independent directors, senior management and supervisors of Sinosteel Corporation Limited. 

2013 was an extraordinary year during the development of Sinosteel. In 2013, the staff strictly implemented the overall reform and development plan of “3 steps in 3 years”, strove and managed to achieve a turn-around operation goal under the guidance and with the support of SASAC and Supervisory Board for Key Large State-Owned Enterprises, following the spirit of the 18th National Congress of the CPC. SASAC made a special instruction to praise Sinosteel for the hard-won achievements in 2013 and extend expectations for the corporation’s reform and development in 2014. 

Secretary Xu Siwei made a work report themed “Strengthen confidence, further progress, deepen reform comprehensively, strive for Sinosteel’s healthy and sustained development”. According to the report, Sinosteel will continue to strictly implement the overall reform and development plan of “3 steps in 3 years”, center on the two goals of “addressing key difficulties” and “realizing the 3-year business development plan”, put prominence to reform optimization and adjustment in terms of “industrial structure, business structure, equity structure, organization system and operational mechanism”, so as to make a new breakthrough in business performance.

The State Council appointed Li Jiping, Chairman of the Supervisory Board for Key Large State-Owned Enterprises, to attend the conference and pay high tribute to Sinosteel for the remarkable hard-won achievements. He emphasized that Sinosteel should, based on the turn-round situation, speed up industrial development, build development basis, put prominence to sustained development mechanism, further enhance the corporation’s control and management capacity, make a good preparation for in-depth reform, etc. 

President Jia Baojun made a summary speech. He highly appreciated the achievement of the last year, and emphasized that Sinosteel should deepen reform and adjustment, with a good mental outlook, to boost the realization of the goal of “3 steps in 3 years”; rigorously implement the conference’s spirit and work arrangement; motivate vitality and gathering strength so as to realize the second year’s goal of the “3 steps in 3 years” plan. 

At the conclusion of the meeting, it is emphasized that, under new circumstances, new tasks and new challenges, the staff should rigorously implement the spirit of this conference, strengthen confidence, further progress, exert every effort to materialize all annual goals, and strive for the realization of “Dream of Sinosteel”.