The fourth quarter is both the final stage for determining the annual goals and ensuring overall progress, and a crucial period for planning for next year and securing a strong start. In accordance with the annual targets set by the Group Company, Lubin New Materials, based on its own circumstances, has focused its efforts on developing sales markets, key project construction, strengthening cost reduction and efficiency improvement, and safeguarding the safety bottom line. Through reverse scheduling and task-driven approaches, a full-scale "Fight for the Fourth Quarter" campaign has been launched to ensure the completion of all annual targets.

Fight for the Fourth Quarter

Expand Product Sales Markets

The company closely monitors the trends in the high-value-added market. Based on market information, it flexibly adjusts its marketing strategies and continuously improves its market marketing capabilities. From January to October, both sales volume and export volume achieved year-on-year growth. In accordance with the regional sales plan, taking advantage of favorable markets, we are expanding the volume of all products and all markets. Several newly developed hybrid powder and injection molding powder varieties have achieved large-scale sales, and the sales volume and customer share of high-value-added products have increased. For high-value-added products currently in urgent demand in the market, we have established a research and development, production, and sales support system to ensure the delivery of high-quality products in the shortest possible time.

Promote Key Project Construction

The company's fixed asset investment projects are progressing in an orderly manner. The Mechanical and Power Department is making overall plans, setting reverse schedules, and displaying operational charts. Since the start of construction, it has maintained on-site office work, clarified the time nodes for the progress of each project, verified the completion status of the progress on-site, adjusted the construction schedule in a timely manner, made full use of the peak construction period, and ensured the high-quality and efficient advancement of key projects. This year, 12 incremental and technological transformation projects have been successfully put into production.

Deepen the Potential for Cost Reduction and Efficiency Improvement

The company widely solicited opinions and suggestions, and combined with actual conditions to formulate reasonable cost reduction and efficiency improvement implementation plans. It conducted a comprehensive budget for cost indicators such as electricity consumption, gas consumption, and material preparation fees, and detailed and quantified various control indicators, promotion measures, and expected targets. It forced various sections and professional departments to further improve idle adjustment, repair and waste utilization, and other inventory reduction work. It strictly followed the principle of "prioritizing inventory adjustment and then planned procurement," continuously optimized the inventory structure, resolutely prevented the waste of production materials and accessories, and the variable processing costs of various major processes all achieved a decrease compared to the previous period and the same period of the previous year.

Ensure Stable and Safe Production

In accordance with the requirements of the superior departments and the Group Company, the company has carried out various safety work in a solid and orderly manner, carefully organized the "Winter Four Defenses" work, conducted various forms of safety education and training, strengthened special emergency plan drills, deepened the dual prevention mechanism of risk identification and hazard investigation, strengthened safety control in key positions, key links, and key areas, sorted out the weaknesses and shortcomings in the safety production work of various key projects, thoroughly rectified various risks and hidden dangers, and ensured the continued stability of the company's safety production situation.