In the first half of 2022, Jiugang Group Dongxing Aluminum Co., Ltd. adhered to the positioning goal of optimizing and developing the aluminum industry, fully implemented the group company's decision-making and deployment, and compared with the specific goals of "three tables and one book", solidly promoted quality and efficiency improvement and benchmarking. Special actions were taken to fully implement the action plan of “taking multiple measures simultaneously to reduce costs to the maximum extent”. The main indicators made steady progress and efficiency improved, and the task of “ doubled and more than half ” was exceeded.
In the first half of the year, Dongxing Aluminum Company’s revenue completed 112.6% of the planned progress; its output value completed 112% of the planned progress; and its profit completed 127.5% of the planned progress.
Take multiple measures to increase efficiency
Dongxing Aluminum Company focuses on the annual goals and tasks, focusing on decomposition, focus, and implementation. It adheres to the idea of low inventory operation, fast in and fast out, accurately studies and judges the bulk raw material market, and seizes favorable purchasing opportunities. , improve operating efficiency. Through the implementation of "multi-region + multi-channel" long-term procurement strategies, price-based quantification and quality-based quantification procurement strategies, we purchase on demand in high price ranges and increase operational reserves in low price ranges. In the first half of the year, efficiency gains of 250 million yuan were achieved in bulk raw material procurement. While strictly controlling import customs in procurement, we will strengthen market prediction and analysis, strengthen research and judgment on aluminum price trends, and carry out work in accordance with the idea of "giving priority to liquid aluminum and selling it as much as possible".
To strengthen the sales of liquid aluminum, Dongxing Aluminum Company overcame many difficulties in the first half of the year, such as the electrolytic aluminum market rose first and then declined, was overall weak, had no peak season, and the number of downstream aluminum liquid customers decreased. The on-site conversion rate of aluminum liquid was 72.09%.
increased the sales of aluminum ingots . The company continued to develop the proximal Henan market by flexibly adopting a sales method that combines futures and spot, long-term orders and temporary orders, with sales of aluminum ingots reaching more than 36 million yuan.
Strengthen lean production management
Dongxing Aluminum Company focuses on the goal of "half the time and half the task", adheres to the result orientation, strengthens the lean production management, and collaborates with departments to improve production efficiency. Seizing market opportunities and efficiently connecting production and maintenance work, the number of electrolytic tank shutdowns was reduced or delayed by 40 units in the first half of the year, an increase of 1.1% from 2021, and a year-on-year increase of 12,000 tons; the product structure was optimized, cold rolling production capacity was utilized, and product additions were increased value. The operating rate of 3 cold rolling mills and 3 recoilers reached more than 90%, the utilization rate of tension bending and straightening and annealing furnace reached more than 94%, and the proportion of cold-rolled products increased by 23.1% year-on-year; cold-rolled thin materials The proportion of output increased by 12.63% year-on-year.
As of the end of June, the completion rate of 30 first-level indicators of Dongxing Aluminum Company reached 80%, the completion rate of 107 second-level indicators reached 81%, and the completion rate of 192 third-level indicators reached 82%.
Key projects are steadily advancing
Dongxing Aluminum Company is keeping a close eye on 's annual scientific research and production goals, is going all out to strengthen project management, and the 2300mm rolling mill has completed the hot load test run, 2 months ahead of schedule, and has completed 4 units of the project The construction of the annealing furnace was completed 40 days ahead of schedule, and the release of cold rolling production capacity increased by 25% year-on-year. Establish the aluminum plate industry chain economic model , sales "accounting and receiving orders", production "organized according to orders", reverse scheduling according to product benefits, achieve full-load production of bottleneck units, and product benefits increase by an average of 80 yuan/ton year-on-year . Successfully produced 770 tons of double-zero foil blank products. The 3105 alloy coating material products have mass production capabilities. The 8079 double-zero foil meets the corresponding industry standards, filling the gap in the production field of double-zero foil for Jiugang aluminum plates and strips...
Dongxing Aluminum The company actively negotiates with customers and optimizes the aluminum pricing model. The monthly average price settlement accounted for 62%, an increase of 10 percentage points year-on-year, with a total efficiency increase of 24.78 million yuan.
Goals are moving forward, pressure is increasing
Dongxing Aluminum Company strives to move forward with tasks, goals, and pressure. It also compares time nodes, grasps work priorities, clarifies problems and difficulties, strengthens capital operations, and raises interest-bearing liabilities. The scale has decreased compared with the beginning of the year, and the asset-liability ratio of the electrolytic aluminum sector has dropped significantly, down 19.96% year-on-year.In addition, the company has strengthened policy research and actively applied to the tax bureau for Tiancheng Color Aluminum's value-added tax excess tax refund to ease the pressure on aluminum processing funds and reduce financial costs. Through measures such as expanding the role of reducing carbon residue, reducing hazardous waste disposal fees, optimizing the number of equipment overhauls, and compressing non-productive expenses, the management expenses have been reduced year-on-year.
In the second half of 2022, Dongxing Aluminum Company will continue to implement specific measures one by one to improve quality and efficiency, benchmark and compare tables, discuss "changing thinking, innovative actions" and "take multiple measures simultaneously to reduce costs to the maximum extent" , make every effort to promote key tasks such as project construction, indicator progress, and safety production, be prepared for danger in times of peace, anchor goals, take advantage of the situation, improve operating levels, cope with "existing uncertainties" through "certainty of hard work", and fully complete the full year production and operation objectives and tasks, and submit a qualified "Donglu Answer Sheet" to the group company with excellent results.
Source: Jiugang Group News Center
