Qinchuan Group Workers' Congress passed the "Qinchuan Group Enterprise Annuity Plan"

On the morning of December 7, Qinchuan Machine Tool Group (headquarters) Seventh Staff Representative Conference was held in the conference room on the fifth floor of the office building. More than 160 people including company leaders and employees (members) attended the conference. The conference heard the "Policy Description of Enterprise Annuity" and reviewed and voted on "Qinchuan Group Enterprise Annuity Plan".

At 8:30 in the morning, in the sound of the majestic national anthem, the conference officially opened. At the rostrum, there are Qinchuan Group leaders, group trade union members and employee representatives Liu Qingyun, Huang Zhiqun, Hu Hong, Wang Laxiang, Li Health, and Gao Runlin. The conference was presided over by Huang Zhiqun, deputy secretary of the party committee and chairman of the labor union.

At the meeting, representatives of China Ping An Insurance Company explained the implementation of the enterprise annuity system policy and explained the “Qinchuan Group Enterprise Annuity Plan”. The staff representatives attending the meeting questioned and answered questions about the payment method of enterprise annuity, the income of individual employees, and the collection of taxes and fees. Finally, the staff representatives attending the meeting voted through the “Qinchuan Group Enterprise Annuity Plan”.

Liu Qingyun, executive vice president of Qinchuan Group, informed the completion of the production and operation indicators and profit and tax indicators of the Group from January to October in 2008, and explained the impact of the recent international financial turmoil on Qinchuan Group. When talking about the business situation, goals and major tasks in 2009, Vice President Liu Qingyun stressed that we must adhere to the path of differentiation, which is Qinchuan's core competitiveness. In the case of low-end products in the market and the high-end products, we must adhere to the "three highs" strategy, build world brands and build a world market. In the first half of next year, the situation is grim. We must rely on the joint efforts of all employees, relying on the accumulation of high-precision products, first-class technology, and the staff of the backbone of all employees, will be able to tide over the difficulties.

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