Yongtong New Material Building the Future Together
Merge forces, boost morale, and strive to usher in a new chapter of development for Yongtong Company.
Release date:
2025-03-19
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On May 19, Yongtong Company held a meeting for personnel at the deputy section chief level and above, announcing the merger of Yongcheng Company into Yongtong Company to achieve resource integration and consolidate strengths.
The meeting was chaired by Ren Wei, Chairman of the company. Comrade Sun Xiaokui, representing the Board of Directors, announced the appointment of Zhang Zhiqiang as General Manager of Yongtong Company, along with the list of the company's management team and mid-level leadership positions. In turn, General Manager Zhang Zhiqiang and the management team members delivered statements, pledging to firmly adhere to the overarching principles of "clarifying strategies, focusing on priorities, scaling new heights, and striving for breakthroughs." They also committed to staying aligned with the bigger picture, recognizing key priorities, contributing their expertise and efforts, working in harmony, and achieving success through dedicated collaboration.
The company’s founder and Party Secretary, Ren Qili, emphasized in his speech that the merger of Yongcheng Company into Yongtong Company was a strategic decision made to align with the emerging trends and evolving demands of the copper-aluminum composite新材料 industry. Meanwhile, Keyuan Company is fully committed to supporting Yongtong’s growth by appointing Comrades Zhao Yong and Cheng Ketin as Deputy General Managers, ensuring that Yongtong’s leadership team is both strong and highly capable. Additionally, more key business professionals will be recruited to further strengthen Yongtong’s competitive edge in the market, propelling the company toward new achievements and setting the stage for a fresh chapter of growth and development.
He urged everyone to keep the bigger picture in mind at work and strengthen unity, emphasizing that success hinges on collaboration—after all, unity is strength, and it’s through unity that we unlock wisdom and achieve outstanding results. Colleagues should carefully explore innovative approaches to management and technology, as well as strategies for continuously improving product quality. Focus should be squarely on enhancing product quality: monitor progress monthly, analyze findings regularly, and stay solution-oriented by tapping into our collective expertise. Together, let’s strive to excel in every aspect of our work. Looking ahead, copper-aluminum composite materials hold immense potential and promise great opportunities. Yongtong Company is determined to rise within five years, aiming to surpass the current performance level of Keyuan Company.
Chairman Ren Wei emphasized that in the future, composite materials will undoubtedly dominate the materials sector. He urged the new management team to stay motivated, seize every opportunity, and uphold their commitment to integrity—acting with courage and standing tall in both word and deed. "If we’re going to do something," he said, "we must deliver results that set a clear example." Currently, our goals can be summed up in two key statements: First, achieve break-even by the second half of this year, turning around losses and reclaiming the money we’ve lost. Second, by 2026, we aim to generate profits ranging from 50 million to 100 million yuan. When asked if everyone was confident about meeting these targets, the attendees responded enthusiastically with a resounding "Yes!"
The successful convening of this meeting marks a significant milestone for Yongtong Company as it sets itself on the path to growth and enters a new stage of development. It also serves as a rallying call and a solemn commitment ceremony, signaling the company’s turnaround from losses to profitability—and its determination to secure a dramatic comeback. This moment will undoubtedly leave a lasting, vibrant imprint on Yongtong Company’s journey of progress.
Make decisive decisions and bravely take responsibility when you see a clear path ahead.
Actively push forward tasks while ensuring quality.
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