Siping Haohua Chemical Co., Ltd. was originally a state-owned enterprise established in 1958. Over the course of 47 years, the company went through numerous transformations and underwent multiple asset audits and evaluations. Throughout these processes, 16 financial staff members meticulously reviewed and managed the accounts without making any errors. Their dedication ensured that the company's financial records remained accurate and reliable.
This year, in line with the national policy to revitalize the old industrial base in Northeast China, the company underwent restructuring. It collaborated with provincial and municipal accounting firms to conduct five comprehensive audits and five asset evaluations, producing hundreds of thousands of words of reform-related financial data. The data was precise, factual, and met all the requirements set by higher authorities. Behind this success stood a group of dedicated female finance professionals who worked tirelessly for over a month, sacrificing weekends and working late into the night. Some fell ill but returned to work immediately after treatment, while others stayed on site for days without returning home. These women not only fulfilled their professional duties but also balanced family responsibilities. Whenever the company needed them, they put their families aside and fully committed themselves to their work.
In the face of rising costs for raw materials such as salt, coal, and electricity, as well as an additional profit reduction factor of RMB 12.45 million, the finance department led internal efforts to "reduce costs, cut expenses, and improve efficiency." By strictly controlling product pricing and material procurement, the company increased its revenue by over one million yuan. They maintained strict approval procedures, avoided unnecessary spending, and ensured transparency in all financial transactions. Within just two months, they managed to reduce expenses by more than 300,000 yuan.
The finance department also focused on managing living costs across all branches, conducting dynamic monitoring and assessments. Last year, the company’s total cost dropped by 1.13 million yuan. When fluctuations occurred in different units, they used scientific methods to quickly analyze and resolve issues. A monthly economic analysis meeting was held to review the company’s financial performance, discuss best practices, and propose cost-saving measures. For example, after comparing the packaging costs of PVC resin with those of other companies, they proposed a redesign that saved RMB 500,000 annually over a one-year period.
Since the company's treasury was closed in 2005, Siping Haohua was recognized by the Jilin Provincial Department of Finance as one of the top 100 accounting units in the province and received the title of Outstanding Unit in Accounting Work within the Haohua Group. This achievement reflects not only the professionalism of the finance team but also their unwavering commitment to the company's long-term success.
Changzhou Cewoo Equipment Co.,Ltd , https://www.cewoocut.com