News Center

On the afternoon of July 22, 2025, Shanghai Jiuhe Shipbuilding Group held its 2025 Semi-Annual Work Conference. The conference comprehensively reviewed the Group’s work since the beginning of the year and outlined key tasks for the second half of the year. Yu Jianzhen, Chairman and President of the Group, delivered an important speech. Relevant Group leaders attended the meeting. Leaders and all employees from the Group’s various departments, as well as from Jiuhe Shipbuilding, Dongjin Wanhe, Jiuhe Dalong, and Juzhou Network, participated in the conference either in person at the main venue or remotely via video conferencing. The Group’s Human Resources Department, Finance Department, and leaders from each subsidiary reported on their work during the first half of the year and analyzed the progress toward achieving their performance targets.

Chairman Yu Jianzhen delivered a comprehensive summary and review of the Group’s work in the first half of this year. He pointed out that, amid a complex and volatile market environment, the Group has maintained overall stability in its key operational indicators. Business segments—including Jiuhe Ship Import & Export, Dongjin Wanhe Liquefied Petroleum Gas (LPG) Trading, Jiuhe Dalong LPG Transportation, and Ju Zhou Network’s “Dianchuanwang” platform—have achieved phased progress in market expansion and customer relationship management. Internal management and risk prevention capabilities have further improved, laying a solid foundation for achieving the Group’s annual objectives. He emphasized that the second half of the year is critical to accomplishing the full-year goals; therefore, all units must continue implementing the Group’s work arrangements with renewed energy, determination, and resilience—remaining firmly focused on targets and concentrating efforts on overcoming challenges.  

First, deepen market engagement to enhance efficiency and intensify efforts to drive growth. Building high-performing business teams across subsidiaries must be prioritized, including recruiting top-tier talent while implementing performance-based selection and elimination. Subsidiary institutions must undergo structural adjustments and optimization to better respond to competitive market demands. As market conditions continue evolving, enterprises must strengthen market analysis and research to improve the relevance and effectiveness of their operations. Jiuhe Dalong Company, while ensuring safe production and reinforcing vessel and crew management, must expand its shipping business further: maintaining existing clients while proactively acquiring new, large-scale, and high-quality customers—and identifying new growth opportunities. Operational route scheduling requires heightened attention; precise, efficient alignment across all routes must be achieved to maximize shipping revenue and optimize both corporate profitability and operational efficiency. Safety remains an inviolable red line and the fundamental prerequisite for attaining annual targets. Although safety performance remained generally stable in the first half, a constant sense of responsibility—“never letting one’s guard down”—and vigilant awareness—“walking on thin ice, standing at the edge of a precipice”—must underpin all safety management efforts. The marine engineering department must establish a closed-loop mechanism for hazard identification and rectification, conducting comprehensive inspections of vessels’ hardware infrastructure and electromechanical systems to eliminate risks at their inception. It must also systematically advance crew-led maintenance and repair capability building to comprehensively elevate the quality of vessel operation and maintenance. Dongjin Wanhe Company must fully tap into market transaction potential, consistently advance its “going global” strategy, focus on key clients, anticipate market trends through forward-looking analysis to seize trading opportunities, and strive relentlessly to achieve new heights in operational performance.Jiuhe Shipbuilding Company must leverage its established brand advantages, take professional service capabilities as a key driver, and simultaneously expand both international and domestic markets, striving for breakthrough growth in the second half of the year. Juzhou Network must accelerate the development of the “Dianchuanwang” ecosystem: online, it will expand its VIP membership base and enhance platform engagement; offline, it will strengthen its proprietary vessel operation capabilities, establish a high-quality vessel sourcing database, prioritize breakthroughs in overseas markets, and leverage the platform’s influence to facilitate tangible transaction conversions. Second, strengthen foundational management through lean practices and reinforce risk control and compliance as safeguards. Management is the source of efficiency, and efficiency is the foundation of development. All management activities must align with the company’s overall business development strategy, delivering more and higher-quality services and implementing more effective management. Management system construction must be firmly anchored to the core axis of business development—providing more precise and efficient service support while simultaneously building robust risk prevention and control mechanisms.  Third, enforce accountability to ensure execution and foster unity to achieve tangible results. A strong sense of responsibility is the cornerstone of entrepreneurial endeavors and the fundamental guarantee for achieving goals. The operating targets and all tasks for the second half of the year must be implemented fully and rigorously, ensuring that every initiative “takes root, is executed forcefully, and yields effective results.” Responsibility must be reinforced across all levels—from top leadership down to individual employees—with tasks and responsibilities clearly assigned to specific positions, individuals, and concrete actions, thereby ensuring the achievement of annual objectives through solid, measurable performance.

Company leaders reported and analyzed the business and management performance for the first half of the year.