NEWS

On February 18, Nuokin Technology held a cost analysis meeting for January 2025. Cao Youfu, the group's chief financial officer; Yang Chunshui, director of the financial asset center; members of Nuokin Technology's leadership team; relevant department heads; and business backbones attended the meeting, which was chaired by Liu Zhenji, deputy general manager of Nuokin Technology.

The meeting focused on Nuokin Technology's January operating indicator completion status. It carefully listened to reports from Yang Chunshui, director of the financial asset center, on Nuokin Technology's January income, cost, and profit situation, and from the equipment management department on electricity consumption and costs. Through statistical analysis of data such as actual output income, production process costs, and profit, the meeting systematically identified weak links in cost control and actively formulated countermeasures. It promoted multi-dimensional collaborative progress in addressing shortcomings in cost control through improved refined management, strengthened safety management, standardized workflows, technological innovation, and cost reduction and quality improvement.

Since October last year, Nuokin Technology has actively responded to numerous difficulties and challenges, including sluggish markets and fluctuating Price declines. It has taken the initiative, assumed responsibility, and done everything possible to increase production and efficiency, and leverage innovation. With the continuous release of capacity from the No. 1 graphitization workshop, production has steadily increased, and the company's various economic indicators show a steady improvement, laying a foundation and building confidence for future work. The meeting required relevant company departments to closely cooperate, constantly monitor electricity Price changes, grasp electricity Price trends, conduct precise metering, and reduce electricity costs. It is necessary to strengthen equipment maintenance and safe production to avoid accidental losses and ensure that no personal or equipment safety accidents occur; to maintain and repair major equipment to achieve its service life; to abide by operating procedures, perform precise operations, and prevent the generation of man-made defective products; to effectively accelerate the collection of accounts receivable, classifying them by risk level; to optimize the supply chain and reduce raw material procurement costs through centralized procurement and strategic partnerships; and to attach great importance to statistical work, unifying methods and time points when collecting statistical data, and promptly and accurately reporting various reports to accurately reflect the company's overall operating status.

Deputy General Manager Liu Zhenji emphasized at the meeting that cost control requires the participation of all staff, shifting from "passive cost reduction" to "proactive value creation." He urged all company cadres and managers to take a professional perspective, to think more, research more, judge more, communicate more, analyze more, and summarize more; to fulfill their duties and responsibilities; and to thoroughly and carefully perform all tasks. He called for adopting a mindset of "tightening our belts" to build a solid cost defense line and promote the company's healthy, stable, and sustainable development!