Financial situation is very serious

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Shanghai Fleetguard Corporation held a general meeting of directors and general manager Zhou Xiaowo pointed out the seriousness of the current international and domestic financial situation. He said that the current economic situation should tell all employees to transform the feelings of these financial crises into corporate management actions. In response to this current situation, the company will take certain measures, such as:

1. The reduction of all courier fees is now subject to a control of the urgency of the day and approval will be given, otherwise it will be issued the next day;

2. To reduce the cost of mobile phone charges, all mobile phone charges will be reduced by 1/3 to 1/2 of the reimbursement limit from December;

3, reduce employee wages across the bank transfer fees;

4, cut 50% of office expenses;

5. Cancel the meal at the annual meeting of employees and switch to other forms;

6. Clean up the outsourcing work, including companies and factories, and discuss other ways to reduce costs;

7. Strengthen the cost reduction of materials and strictly control the procurement of auxiliary materials for production;

8. Cancel all overtime records and so on from December.

The directors of each department reported on the major tasks that will be carried out by the end of the year. Faced with the situation of the propaganda situation, they are looking for measures in all aspects to save money and reduce consumption. General Manager Zhou Xiaofu pointed out that the first quarter of next year will be a “winter season” and will affect the first half of the year. We cannot relax our minds because of the decline in production. We have time to carry out improvement activities and conduct training, but we cannot step on the throttle. In the meantime, there must be practical results. Deputy General Manager Luo Zhihui said that our internal audit work is over. This is not the end point but the starting point. Now we must make full use of time for coordination, improvement and improvement work, and use the gap time of low output to re-evaluate the work of each person. Good time training, through training to improve the quality of our employees.

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