On February 13, Rifa Holding Group and its subsidiaries held the 2006 Annual Summary and Commendation Conference in various ways to summarize the successes and failures, gains and losses of 2006, commend the advanced, and mobilize for the coming year.

    Rifa Holding Group: Investment management, decision-making management

    After the relocation of the headquarters to Hangzhou, the separation of the group and the manufacturing base puts new requirements on management. How to maintain the group's control over the subsidiaries while giving full play to the enthusiasm of the subsidiaries will be a topic of concern to the group.

    Based on the positioning and thinking of the group's industrial operation, based on the future development direction and industrial expansion of the company, the group will gradually withdraw from the daily administrative management of its subsidiaries. The group and its subsidiaries establish corresponding relationships through equity investment, and influence major decisions of the subsidiaries through the board of directors.

    In 2007, on the basis of continuing to maintain the investment and support for the main business, the group will seek a new path for self-sustainment and self-development of the group headquarters through certain methods of investment.

    Rifa Textile Machinery: Adjust and upgrade, recast glory

    2006 is a year of adjustment and improvement of Rifa Textile Machinery, striding forward amidst twists and turns, and the company is surging with synergy and motivation. On the basis of the successful completion of various indicators in 2006, the division has made breakthrough progress: the sales of the spinning division lead the peers, the new model of the twist division has achieved outstanding results, the loom division has opened up the market, and the knitting business The Ministry has gradually stepped out of the market lingering period.

    In 2007, with the deepening of macro-control, the entry of foreign textile machinery enterprises, and the acceleration of industry integration, Rifa Textile Machinery's development opportunities and challenges coexist. Under the new organizational structure adjustment in 2006, the company will strengthen and implement basic management and combine the company's long-term development strategy to ensure the company's sustainable development. The general manager of each business department should lead the team on the new organizational platform, and effectively utilize the advantages of the organization, so that each product line can be developed and improved rapidly; each director should establish an effective management system and actively implement management innovation to ensure the company Can operate in a healthy and orderly manner. In terms of internal management, the company will continue to maintain a meritocracy employment policy, and everything will be based on ability and performance; encourage employees to actively speak out, make suggestions for the development of the company, do their best, each has its own way, and promote the comprehensive, harmonious and common relationship between the company and its employees. develop.

    2007 will be a crucial year for Rifa Textile Machinery. It is necessary to establish a market-centric and market-oriented thinking and implement it in specific practices, learn to listen to the voice of customers, learn to grow with the market, and make progress with customers. Establish a quick-response service mechanism, a dynamic and agile research and development mechanism, improve equipment performance, and improve product and service quality. To this end, we must focus on the following three aspects:

    1. On the basis of maintaining a competitive advantage for mature products, strengthen technological improvement and process development, and improve the product line;

    2. On the basis of continuing to stabilize the quality of new products, control costs, increase sales, and actively develop markets;

    3. Strengthen supplier management and cultivation, build an excellent and mature supplier team, provide honest services, and win-win cooperation.

    Changrun Textile Machinery: Change the concept and lay a solid foundation

    If Changrun Textile Machinery's 2006 is called the "integration year", then 2007 will be the "foundation year", and the work in 2007 will be more complicated and more important than 2006.

    First of all, employees must change their concepts and have the spirit of "taking the factory as their home" in order to truly fundamentally solve product quality problems and reduce production costs.

    Secondly, we must pay close attention to the development of new products. The development and market entry of new products is an important matter related to the life and death of Changrun Textile Machinery.

    In 2007, Changrun Textile Machinery will work together to lay a solid foundation, and strive to do a good job in the three key contents of new product research and development, inventory control, and employee concept improvement. We believe that Changrun Textile Machinery will take off!

    Rifa Digital: Save capital and increase efficiency, make persistent efforts to welcome the listing

    Seiki has basically completed its 2006 plan, and all operating indicators have increased by 20% year-on-year compared to 2005. And the fulfillment rate of orders has also been greatly improved compared with 2005. Four mass-produced models have been successfully introduced to the market and achieved good market and economic benefits.

    However, compared with 2005, our market management capabilities and new product development capabilities have declined to varying degrees. To a certain extent, we achieved 2006 business results under the condition of excessive use of resources. Therefore, in 2007, Seiki Co., Ltd. must make full use of internal resources, increase revenue and reduce expenditure, increase efficiency, restore various management indicators to the level of 2005, and welcome the listing with good operating performance and management level.

    In 2007, Shanghai Rifa will revitalize the deposited materials in the past few years to reduce losses and risks. At the same time, it must clarify its thinking, streamline the process, and graft the successful experience of Seiki to Shanghai Rifa, so that Shanghai Rifa can become a veritable one. The professional manufacturer of "CNC Grinding Equipment" turned losses into profits.

    The summary and inventory is to carry forward the past, inherit the advantages and discard the shortcomings. In 2007, let us compose a new chapter with a new look, with one heart and one mind.