January 22 is the Lunar New Year’s Eve, and Lianhua Holdings held the 2024 annual work report and 2025 key operational work deployment meeting. The company’s Vice Chairman and CEO Li Bin presided over the meeting and delivered a summary speech, with nearly a hundred participants including members of the management team, middle-level managers, and representatives of frontline business backbones.
Vice Chairman and CEO Li Bin
Li Bin first pointed out that this work report meeting aims to seriously summarize the effectiveness and experiences of the work, and in conjunction with existing problems and shortcomings, propose improvement measures, further strengthen the awareness of middle-level managers in performing their duties, and also promote mutual learning and inspiration among various departments, better identify gaps, innovate methods, plan and deploy work for the new year, and inject new momentum into the company’s operational development to reach new heights.
After a whole day of on-site work report presentations, the heads of various operational units and functional departments comprehensively showcased the main achievements of the past year through detailed data and cases, analyzed existing problems and shortcomings, and clarified new ideas, new measures, and new goals for future work.
After listening to the work reports from 33 units, Li Bin delivered a summary speech, first representing the company’s board of directors and management team to fully affirm the work achievements of each unit in the past year and thanked all Lianhua employees for their contributions to the company’s high-quality development.
Li Bin pointed out that 2024 is another year of rapid development for Lianhua, with new breakthroughs in both scale and efficiency, achieving the best results in the company’s history. These achievements are the result of strong support from all sectors of society and the joint efforts of Lianhua people.
Li Bin emphasized that the overall performance of the company in 2024 is impressive, with many highlights in various aspects.
First, overall, the main business of condiments is accelerating its revival, the computing power business is gaining momentum, and the overall growth momentum is strong.The advantages of the main condiment business have been further consolidated and expanded, especially the market share of Lianhua MSG has significantly increased in the retail market, the computing power business is accelerating its efforts, and has made breakthrough progress, with the overall operational situation of the company being good, leading the industry in performance growth.
Second, new product development and sales, as well as new channel expansion, have achieved new results.New products represented by Lianhua Matsutake Fresh have achieved new breakthroughs in scale both online and offline.
Third, the company’s technological breakthroughs have yielded new fruitful results.The project "Key Technology Innovation and Application for High-Value Biological Manufacturing of Wheat" completed in collaboration with the team from Henan University won the "First Prize of the Henan Provincial Science and Technology Progress Award" issued by the Henan Provincial Government; Lianhua Zixing obtained 9 software copyright certificates and won the "2024 China IDC Innovative Technology Product Award" and more.
Fourth, the collaborative management innovation mechanism of "Five Collaborations", "Four Unifications", and "Three Combinations" has significantly improved operational management capabilities; fifth, brand awareness and reputation have seen a substantial increase; sixth, with the improvement of operational performance, the investment value of the enterprise continues to rise.
Regarding the work arrangements for 2025 for each unit,
Li Bin specifically deployed how to carry out key work in ten aspects for 2025, including domestic marketing, international marketing, technology sector, new retail, water industry, brand building, mergers and acquisitions, and efficiency enhancement.,
responsibility targets have been solidified.Focusing on the core work of business operations in 2025, he proposed three requirements on how to build a stronger organizational collaboration capability.
First, we must unswervingly continue to deepen the reform of the operational management mechanism and continuously improve management efficiency.Improving operational management is fundamentally about continuously enhancing the overall management efficiency of the company, building strong foundational capabilities, and empowering enterprise development from the entire ecological chain; this work has only a starting point, not an endpoint. The focus is on constructing and improving the "
654321" system, which is the "Six News" (new talents, new products, new channels, new platforms, new models, new mechanisms), the "
Five Collaborations" (production, supply, sales, storage, transportation), the "
Four Unifications" (business, finance, legal affairs, government affairs), the "
Three Combinations" (online and offline, domestic and international, research and marketing), the "
Two Evaluations" (short-term evaluation and long-term evaluation); and the "
One Vertical" (vertical overall management of finance, legal affairs, human resources, and risk control).
Second, we must continuously and vigorously promote the reform of functional departments to create an agile collaborative organization.The core work of functional departments is to provide strong support and assurance around business operations and frontline market customer needs. We must continuously deepen organizational management changes, enhance our professional capabilities, innovation capabilities, and efficient collaboration capabilities, and build an agile organization; we must continuously increase the introduction of new talents, inject fresh blood, and enhance organizational vitality.
Third, we must comprehensively strengthen corporate culture construction to promote the company’s high-quality development.Corporate culture is the soul of an enterprise and a comprehensive reflection of various fields of enterprise management. Lianhua will strive to create a corporate culture that is mutually inclusive, mutually trusting, and united in purpose; a corporate culture that is people-oriented, honors the enterprise, and takes pride in its people; a corporate culture that emphasizes rules, respects the market, and pursues efficiency; a corporate culture that is positive and full of energy. Managers at all levels must lead by example, focus their abilities on work, concentrate their energy on enterprise development, manage both business and teams well, and protect the enterprise’s development as they would their own eyes, using actions to safeguard the enterprise’s growth and elevate Lianhua’s corporate culture to a new level.
Li Bin emphasized that the just-passed 2024 was a year of extraordinary significance in the history of Lianhua Holdings’ operational development, and it was also a year that was extremely challenging and highly productive. Every achievement is the result of everyone’s hard work and sweat, with a group of Lianhua people being highly professional, dedicated, and invested; a group of Lianhua people working diligently, resiliently, and courageously; and a group of Lianhua people being humble, strategic, and innovative, continuously creating new situations in various work through hard work. The new year of 2025 will be full of challenges and opportunities. I believe that as long as all Lianhua people work together, unite as one, seize the momentum, and strive to be the best, we will definitely overcome various difficulties and challenges, seize new development opportunities, and write a new glorious chapter, achieving a new leap in Lianhua’s high-quality development.
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