TKV Mechanical: Improving capacity and efficiency in production and business, affirming the important supporting industry of TKV

Việt NamViệt Nam21/10/2024

On the afternoon of October 18, at Vinacomin Machinery Manufacturing Joint Stock Company, the Group held a conference to review the mechanical work in the first 9 months of the year and deploy management solutions for the fourth quarter of 2024. Attending the conference were comrades: Vu Anh Tuan, Member of the Provincial Party Standing Committee, Secretary of the TQN Party Committee, Member of the Group's Board of Directors; Nguyen Hoang Trung, Member of the Group's Board of Directors; Nguyen Huy Nam, Deputy General Director of the Group; Group's professional departments; leaders of TKV Mechanical units...
Scene at the conference Delegates attending the conference. According to the CV Board's report, in 2024, TKV Mechanical units will continue to face difficulties due to the impact of the prolonged war between Russia and Ukraine; unstable prices of materials, metals, and fuel; market competition along with the impact of storm No. 3 in early September 2024... However, 2024 is also a year in which mechanical production has many advantages and is an opportunity for TKV Mechanical to continue to make a breakthrough, that is, to continue to receive attention and direction from the TKV Party Committee, TQN Party Committee and the Group's Executive Board; market demand in TKV is stable at a high level similar to 2023 to meet the plan for coal and mineral production with increased output; good production and business results in 2023 of TKV Mechanical create a premise for implementing the plan for 2024 and the following years; Head of the CV Board Le Quang Ha reported on the 9-month production and business results of the TKV Mechanical Block, tasks and solutions for the remaining months of 2024. At the end of the first 9 months of 2024, the total revenue of the TKV Mechanical Block is estimated to reach over 3,900 billion VND, equal to 79.8% of the annual plan and 98.5% of the revenue realized in the same period of 2023; the total profit of the block is estimated to reach over 30.3 billion VND, equal to 68.3% of the annual plan. The 9-month revenue of the units according to the PHKD plan (5 affiliated Mechanical units + 3 mechanical units under VVMI) is estimated to reach 2,950.6 billion VND, reaching 85.3% of the annual plan and equal to 105% compared to the same period in 2023. The average income of the whole block is 10.5 million VND/person/month, equal to 106% of the annual plan. Occupational safety and health and environmental work is ensured. Results of some general indicators: Equipment manufacturing over 2.7 thousand tons, equal to 65.6% of the yearly plan; spare parts manufacturing over 14.3 thousand tons, equal to 87.7% of the yearly plan; furnace support processing over 81.5 thousand tons, equal to 87.1% of the yearly plan; 148 equipment repaired completely... Director of Mechanical Manufacturing Joint Stock Company Pham Minh Tuan gave a speech at the conference. The unit with stable production and business results in the first 9 months of 2024 and well-fulfilled targets is Mechanical Manufacturing Joint Stock Company, with 9-month revenue reaching 1,735.5 billion VND, reaching 91.1% of the annual plan and equal to 104.3% compared to the same period in 2023. The steel rolling line of Mechanical Manufacturing Joint Stock Company in the first 9 months of the year operated relatively stably, the reserve steel output for production has been maintained at over 9,000 tons, well meeting the steel demand in the whole TKV; The supply of furnace support in 9 months has reached an output of 81,521 tons, reaching 87.1% of the yearly plan and equal to 106% compared to the same period in 2023. Mao Khe Mechanical Joint Stock Company's revenue in the first 9 months of 2024 reached 118.7 billion VND, reaching 69.3% of the yearly plan and equal to 124.5% compared to the revenue in the same period in 2023. The company is stabilizing and gradually developing in the consumption of spare parts and equipment repair... Head of the VT Department Dinh Tien Hoa, speaking at the conference. Tasks and solutions to implement the plan for the remaining months of 2024 of the Mechanical units: Continue to ensure the highest safety in production labor, focus on implementing the production and business plan and exceed the revenue plan built at the beginning of the year, strive to exceed the revenue plan built by 10% or more. Strive for mechanical production revenue in 2024 not to be lower than mechanical production revenue in 2023. Ensure the supply of SVP steel for the entire Group's production; Strive to ensure economic indicators, the average income of workers to grow by over 5% compared to the construction plan and 3% or more higher than in 2023... Member of the Board of Directors Nguyen Hoang Trung gave a directive speech. Speaking at the direction of the solution orientation for the operation of the units of the TKV Mechanical Block in the fourth quarter of 2024, Member of the Board of Directors Nguyen Hoang Trung requested consulting and research units to improve the capacity of researching and manufacturing scientific and technological products. Pay attention to developing human resources in the face of the current situation of huge competition for human resources; need to have solutions to approach traditional markets in the most appropriate and effective way while continuing to focus on maintaining and developing new markets outside of TKV in accordance with the unit's capacity; build a mechanism to encourage and reward good workers in each field and good managers and technicians to attract workers. Deputy General Director of the Group Nguyen Huy Nam directed TKV Mechanical units to closely follow the plan, focus on completing the production and business plan targets for the fourth quarter and the whole year of 2024. Speaking at the conference, Deputy General Director of the Group Nguyen Huy Nam highly appreciated the efforts, attempts, and overcoming difficulties, especially overcoming the consequences of storm No. 3 of TKV Mechanical units, maintaining stable production and business activities, contributing to the overall production and business efficiency of the Group. At the same time, he requested the CV Board and related professional Boards of the Group to remove difficulties for the units; direct the Mechanical units to closely follow the production and business plan, focus on completing the production and business plan targets for the fourth quarter and the whole year of 2024; continue to research and invest in innovating modern advanced equipment and technology to increase productivity, production capacity, improve production and business efficiency, and meet the production needs of units in the Group. The steel rolling line of the Machinery Manufacturing Joint Stock Company produces efficiently, meeting the steel demand of the whole TKV.

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