On April 7, 2011, Guangbo Group Stock Co., Ltd held its third session of the fourth meeting of the Board of Directors in Ningbo Nanyuan Universe Deluxe Hotel. All directors of the company attended the meeting, all the supervisors and executives sat in on the meeting.
The meeting was chaired by President Dai Guoping, after deliberation and discussion by the directors, unanimously approved
“2010 general manager work report”, “2010 the Board work report (draft)”, “Company annual financial statements report
At the meeting, general manager Wang Junping made annual work report. He pointed out, in 2010, due to international post financial crisis’s lasting impact on global recession, caused international and domestic economic environmental more intricate, and let the company’s business face great pressure and challenges. Inflation caused the price of raw materials rise sharply, labor shortage, rising costs, and more intense market competition, in face of such rigorous operating environment, the company insist on “
He pointed out, in 2011, macroeconomic environment will be more complex and changeable. International market will still face further exacerbated market competition brought by low demand. Domestic economy continues to face various challenges brought by overheated control, such as big inflationary pressure, tight credit control and labor resource shortage. To ensure the realization of business objectives of stock company annual sales growth, the company will set “pragmatism, innovation and development: as working policy, overcome difficulties, carve out and innovate, advance each work steadily.