Shanghai Dazhong Public Utilities : DZUG Held Business Development Brainstorming Meeting and 2024 Comprehensive Budget Mobilization Conference

DZUG Held Business Development Brainstorming Meeting and 2024 Comprehensive Budget Mobilization Conference

On the morning of October 31, 2023, a business development brainstorming meeting was held in the first conference room of the Dazhong Building of the DZUG. Chairman Yang Guoping, President Liang Jiawei, leaders in charge of various sectors of the group, middle level management of the group, and management personnel of subsidiary companies attended the meeting. Everyone gathered their ideas and freely expressed their opinions around the two themes of how the group headquarters can support business development, serve grassroots frontline and subsidiary companies, and promote innovation and transformation, providing many ideas, strategies, and suggestions for the comprehensive budget work and business development work in 2024.

In the afternoon of the same day, the Group held the 2024 annual comprehensive budget mobilization conference. Jiang Yun, Vice President and CFO of the Group, analyzed the economic activities of the Group in the third quarter of 2023, and explained the requirements for 2024 annual comprehensive budget preparation. The management leaders of each industrial sector made reports on the business performance of the subsidiaries in 2023 and the business plan in 2024.

The President Liang Jiawei gave a speech proposing specific requirements for key work in 2024 for each subsidiary and functional department of the group.

At the end of the meeting, Yang Guoping, the Chairman of the Group, delivered an important speech titled "Clear situation, great determination, and effective methods". He analyzed the current external environment and business situation, stating that the domestic economy is generally in a post epidemic recovery period and the growth in the enterprises is consistent with the overall economic growth. Since the second half of this year, the government has introduced multiple policies to increase support in expanding private enterprises, expanding consumption, stabilizing the real estate market, boosting foreign trade, and infrastructure investment. However, there is still uncertainty in the current economic situation, and risks and opportunities coexist. In 2024, all departments and subsidiaries of the group should strive for people-oriented and incremental improvement, prioritize employees and customers, and achieve growth in the volume and quality of enterprise performance.