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In the first half of 2025, a period marked by challenges and transformations, Heqichang has consistently moved forward with steadfast determination. On July 25, the company convened its first-half 2025 work summary meeting. Members of the company’s management team, heads of core departments, and partners gathered to comprehensively review the achievements of the first half of the year, analyze existing problems and shortcomings, plan key directions for the second half, and unite efforts to embark on a new journey.

Looking Back at the First Half: Steadfast Progress Amid Adversity

At the beginning of the meeting, heads of functional departments, including finance, sales management, research and development, and human resources, delivered their work reports in sequence. They analyzed the achievement of business targets, management effectiveness, and existing issues from multiple perspectives, providing focused and data-rich insights that strongly supported the company’s comprehensive understanding of the operational realities in the Box Board and Resin divisions. Simultaneously, each department systematically outlined key work plans and improvement measures for the second half of the year based on actual conditions, demonstrating a firm resolve to face challenges and advance steadily.

He Junhai, Deputy General Manager of the Box Board Division, pointed out that in the face of the industry’s continued downturn, close attention must be paid to market dynamics, technological trends, and product iteration. He candidly acknowledged that the pace of new product development has been relatively slow and emphasized the need to accelerate responsiveness. In the second half of the year, the division will focus on equipment upgrades, supply chain optimization, lean management, product research and development, and quality improvement to overcome challenges and enhance efficiency.

Zou Xiaorong, Assistant to the President and Director of Finance, emphasized that the finance team is gradually transitioning into an “enabling” role. Through organizational structure optimization, methodological system development, and secondary upgrades to the ERP system, the team is providing professional support for the company’s high-quality development.

Luo Zhifu, Director of Human Resources, stressed that talent is the foundation for the company’s sustained growth. In the second half of the year, the company will further strengthen its talent cultivation mechanisms by leveraging learning empowerment, performance management, digital tool application, and job system optimization to enhance organizational efficiency and capability.

Partners Offer Insights: Team Collaboration to Overcome Challenges

Mr. Chen Yaohong, a partner from Detao Capital, fully affirmed the efforts and achievements of the Heqichang team in the first half of the year. He noted that in the face of a complex and ever-changing macro environment, team cohesion is a crucial force for resisting uncertainty. He offered three suggestions:

1. In response to significant environmental challenges, the key lies in proactively seeking solutions.

2. Continuously optimize projects and enhance comprehensive capabilities to build a stable core.

3. Emphasize the empowerment of AI technology, where deep thinking and efficient execution are equally indispensable. He encouraged everyone to focus on learning truly “useful” content and leverage technology to improve efficiency.

President’s Message: Resilience and Confidence to Embrace a Bright Future

At the conclusion of the meeting, President Yu Yan delivered an important speech. She highly commended the composed response and continuous growth demonstrated by all departments over the past six months, noting that the team’s cognitive level and mental outlook had significantly improved. This internal transformation, she emphasized, provides an ongoing source of momentum for the company’s future development. She particularly highlighted that since the appointments of the heads of human resources and finance, the company’s work efficiency has improved markedly, with faster response times, clearer responsibilities, and enhanced collaboration. Additionally, since the implementation of “l(fā)ean management,” the company’s safety management standards have shown significant progress.

Regarding the work plan for the second half of the year, she outlined three key directions for all employees:

Maintain Composure and Move Forward Steadfastly
In times of adversity, it is essential to remain calm, focus on improving products, and strengthening internal capabilities. “Beyond the darkness lies the light.”

Respond Swiftly and Take Proactive Action
The market is ever-changing. Only by responding quickly and acting decisively can we seize the next wave of opportunities.

Strengthen the Brand and Uphold Quality
“The core of manufacturing lies in the brand. The foundation of a brand is quality and reputation. Quality must never be compromised, and reputation must remain unshaken.” She emphasized the importance of steadfastly advancing new product research and development to build core competitiveness.

She called on all employees: “Everyone is an operator. Embrace an ownership mindset to propel the company toward higher goals!”

At this pivotal moment in 2025, the people of Heqichang are embracing new challenges and pursuing new goals with greater composure and determination. In the midst of change, we seek breakthroughs; through perseverance, we gather momentum. We firmly believe that as long as we keep moving forward and maintain unwavering confidence, we will surely embrace light and hope at the next turning point! Let us join hands and embark on the next journey together!