NMS Launches its First “Efficiency Month” Event to Drive Value Creation through Collective Action

To deeply implement the company’s annual strategic objectives, strengthen the awareness of efficiency across the organization, and stimulate internal momentum for cost reduction and efficiency improvement, Nanchang Mineral Systems Co., Ltd. (NMS) held the opening ceremony of its first “Efficiency Month” event on June 28th. The ceremony was attended by NMS Chairman and CEO Li Shunshan, Vice Presidents Liu Min and Wen Jinsong, as well as department representatives. This marked the official launch of the “Efficiency Enhancement Action” themed around “Improving Quality, Maximizing Gains.”

The event is centered on the core philosophy of “Everyone talks about efficiency, every task pursues efficiency, and every department creates efficiency,” focusing on optimizing key business processes and refining management details. Employees are encouraged to contribute feasible suggestions and take action in areas such as process optimization, cost control, efficiency improvement, quality enhancement, and innovation. Through concentrated communication, specialized discussions, practical actions, and outcome evaluations, the event aims to promote company-wide participation in efficiency improvement.

Speech by Li Shunshan, Chairman and CEO of NMS

In his speech, Li Shunshan emphasized that efficiency is the “lifeline” of a company’s survival and development. Faced with intensified industry competition and the dual challenges of industrial upgrades, NMS must adopt a reform-oriented spirit, embedding efficiency awareness throughout the entire business operation chain. By driving “sales maximization and cost minimization,” NMS aims to transform from scale growth to value creation, delivering superior products and service experiences to customers. He called for all employees to take a “proprietary” approach, stating that “from frontline workers to management, from production workshops to R&D centers, every position and every link should be a creator and guardian of efficiency.” He further noted that efficiency improvement is a long-term battle, and NMS must use “Efficiency Month” as the starting point to integrate “quality improvement and efficiency maximization” into the organization’s DNA, ensuring that efficiency enhancement becomes a natural part of daily operations.

Speech by Wen Jinsong, Vice President and Director of the Financial Center at NMS

During the event, Wen Jinsong delivered a speech titled “Talking About Efficiency from a Financial Perspective.” He systematically reviewed the core logic of the balance sheet, income statement, and cash flow statement, analyzing the underlying logic of corporate profitability through key indicators like return on equity (ROE), market value analysis, and operating income. By comparing data from peers, Wen pointed out that NMS has shown stable market performance and significant results in its business transformation. Moving forward, NMS must continue to balance the interests of creditors, governments, shareholders, and other stakeholders, deepen efficiency management, and achieve win-win outcomes for all parties.

To promote the practical implementation of efficiency improvement, a topic unveiling ceremony was held, where departments including production, R&D, and marketing jointly identified 15 key topics covering areas such as process optimization, workflow simplification, and enhanced management. In the benchmarking case-sharing segment, representatives from the Production Manufacturing Center, Marketing and Sales Center, and Financial Center shared their innovative practices in lean production, sales maximization, and financial empowerment, offering actionable efficiency improvement paradigms for the entire workforce.

The “Efficiency Month” event is a collective effort to drive a revolution in efficiency and a strong commitment to delivering customer value. By establishing an efficiency enhancement mechanism that is “goal-oriented, participatory, data-driven, and continuously improving,” NMS is transforming efficiency awareness from a concept into action, and from institutionalized practice into daily habit. Moving forward, NMS will continue to lead with innovation, focusing on efficiency, deeply integrating customer needs, and driving technological upgrades and service optimization to create higher value for customers. Additionally, NMS will work to normalize and sustain efficiency management, achieving win-win development for both the company and its clients, and write a new chapter in high-quality growth.