Haohua Honghe Chemical Industry Co., Ltd. has promoted a “thrifty culture” with its production and management team. The company has launched activities to reduce deficits and increase surpluses. By the end of November, it has saved over 11 million yuan, compared with the same period last year through energy conservation, which help them capture 77.5 million yuan in profits.
The chairman of the company recommended the book, Win with Thrifty to his employees. Middle rank executives and above are required to write articles on what they learned. The company has mobilized staff workers to create an atmosphere of thrift.
The company has adopted various means to save on production costs, reduce energy consumption, uncover financial opportunities and increase benefits for employees. Staff workers are encouraged to cherish their posts, offer constructive ideas, and explore their potential to meet annual corporate objectives. In November, the company focused on water conservation and set up six measures to alleviate the water supply dilemma. This measure saved over 400,000 yuan for the company.