NEWS
Staying steadfast in confidence, seizing opportunities, and taking the lead in resuming production—Haitong Group delivers a "top-scoring performance."
Release date:
2020-06-01
In mid-May, inside Haitong's bridge assembly workshop, all production lines were running at full capacity, with countless components "flowing" like a river between workstations—shuttling back and forth across the entire assembly floor.
Real-time footage of the final assembly line
On February 11, Haitong Machinery Group took the lead in fully resuming operations, sounding a rallying call for markets and businesses still grappling with the shadow of the pandemic—and drawing significant attention from across the industry. Balancing production with rigorous pandemic prevention measures, the company has successfully navigated the challenging transition back to work. Since restarting, the biggest hurdle has been staff shortages. However, thanks to a series of proactive measures, by late February, the on-site attendance rate had already climbed to 95%, and by early March, it had returned to normal levels. Following the resumption of work, Haitong has maintained strict control over COVID-19 prevention, implementing dynamic personnel tracking and ensuring the thorough execution of all safety protocols. As of now, none of Haitong Group’s production facilities have reported any suspected or confirmed cases of the virus.
Real-time footage of the final assembly line
Proactive measures and effective execution have enabled Haitong to deliver a "top-scoring performance." In the first quarter of 2020, the Axle Company produced 30,103 leaf-spring axles and 32,707 complete axles, with the company’s total industrial output value reaching 301.3 million yuan—up 6.12% year-on-year. Meanwhile, the Brake Company manufactured 112,458 brake units, contributing an industrial output value of 97.26 million yuan, representing a robust 9.31% increase compared to the same period last year.
Moreover, as of April, Haitong Axle Company’s operating profit for January-April this year has already doubled compared to the same period last year. With the current market conditions remaining exceptionally strong, this is the greatest encouragement for Haitong to fully resume production and operations—and looking ahead, the company’s production capacity is poised to reach even higher levels.
Haitong Micro News
[News Brief #1]
The painting workshop has introduced Qingqi plastic parts into the A-area interior trim components, enhancing both the product supply level and the overall superiority of the offerings.
[WeChat Update No. 2]
Effective immediately, all personnel entering the factory premises must proactively present their Shandong Province Health Code (green code). Individuals displaying a red or yellow code will be denied entry. Any violations will result in accountability for the responsible parties.
[WeChat Update #3]
At the end of May, Qingdao Haitong Wan'an Automotive Components Co., Ltd., a joint venture established by Haitong Machinery Group and Zhejiang Wan'an Group, moved into its Jimo facility. The two partners are poised to join forces, leveraging their respective strengths for maximum synergy and mutual benefit—efforts that are now being systematically implemented.