<strong>China: STMA Deputy Chief Inspects Qinhuangdao Tobacco Machinery</strong>

Deputy Director-General Zhao Hongshun of the State Tobacco Monopoly Administration (STMA) inspected Qinhuangdao Tobacco Machinery Co., Ltd. in north China's Hebei Province on August 21, highly commenting on the recent operational achievements made by the company, and giving instructions on future business development.

Accompanying Zhao Hongshun on the inspection were Deputy General Manager Yu Mingfang of China Tobacco Machinery Group Co., Ltd., Director Li Ming of the Legislations Department of the STMA, General Manager Duan Tieli of China Tobacco Hebei Industrial Co., Ltd., Director Qian Jiang of Hebei Provincial Tobacco Monopoly Administration, et al.

During the inspection, Zhao Hongshun attentively heard a report given by Board of Directors Chairman and General Manager Guo Dongqing of Qinhuangdao Tobacco Machinery Co., Ltd. on operation of the company. Learning that Qinhuangdao Tobacco Machinery Co., Ltd. has realized sharp growth of economic efficiency and continued strengthening of its management, Zhao Hongshun expressed satisfaction.

Zhao Hongshun said revisiting Qinhuangdao Tobacco Machinery Co., Ltd. one year after a previous visit, he felt that the company has made remarkable new development and progress and that he is very happy about it. The remarkable new development and progress is manifested mainly in the following respects:

Firstly, cooperation between Qinhuangdao Tobacco Machinery Co., Ltd. and Hauni of Germany has entered a substantive stage. The cooperation has enabled Qinhuangdao Tobacco Machinery Co., Ltd. to realize great progress in terms of technological innovation, human resources development, management knowhow and team construction.

Secondly, after undergoing a latest round of technological transformation, Qinhuangdao Tobacco Machinery Co., Ltd. has made fundamental changes in terms of technology and equipment, and has taken a lead among tobacco manufacturing enterprises in China. Zhao Hongshun said that the conception of the technology center of Qinhuangdao Tobacco Machinery Co., Ltd. is worth being generalized, and that the company's joint establishment of a technology center with China Tobacco Machinery Group Co., Ltd. will be conducive to integrating advantageous technological forces, and better exerting the technological advantages of the tobacco machinery manufacturing sector of the tobacco industry.

And thirdly, Qinhuangdao Tobacco Machinery Co., Ltd. has registered rapid growth in economic efficiency, which has played a positive role in maintaining the level of economic efficiency of the entire China Tobacco Machinery Group Co., Ltd. The new round of technological transformation of leaf tobacco threshing and redrying enterprises in China has contributed to creating favorable opportunities for the development of Qinhuangdao Tobacco Machinery Co., Ltd. Therefore, Zhao Hongshun expressed the hope that Qinhuangdao Tobacco Machinery Co., Ltd. will seize the current rare favorable business development opportunity and make even greater successes.

Zhao Hongshun said that all the various economic and technological indexes, growth in profits is very important, and is even more pleasing, because it embodies the success and development level of lean management of the enterprise.

While affirming the development achievements made by Qinhuangdao Tobacco Machinery Co., Ltd., Zhao Hongshun also put forward a package of specific expectations and requirements:

Qinhuangdao Tobacco Machinery Co., Ltd. should, in accordance with the target of turning itself into a first-rate transnational tobacco machinery manufacturer, continue strengthening efforts for technological innovation, fully exert its role as a leading enterprise in the tobacco machinery manufacturing sector, strive to attain the goal that the leaf tobacco threshing and redrying market in China will be divided into three major parts, further promote the process of corporate management, and strive to improve the quality of its human resources. Enditem