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In 1998, when Xu Xuguang was first appointed 13 years ago by Tan Xuguang, the figures he faced were: a total debt of 300 million yuan, accumulated losses of more than 300 million yuan, arrears of employees’ half-year wages, and only 80,000 yuan in books.... The first thing he took office was to propose three chapters to all the leading cadres: "Insist on principles, dare to take courage, don't be good old people, be improper bosses; throw down the body, really do practical work, do solid things for the company, and do good things for the employees. To set an example, to be clean and honest, to require employees to do it, we first do it, and we will not allow employees to do it. We will not do it." The three chapters of the covenant made all employees see hope, and it became the basis for setting up the factory later.
After just a few years, Tan Xuguang let Wei Chai back to life. In the spring of 2004, he successfully landed on the capital market in Hong Kong and raised RMB 1.4 billion, becoming the first Chinese listed engine company in Hong Kong.
On August 8, 2005, Tan Xuguang won the 28.12% stake in the Hunan Torch to 1,023.8 million yuan, becoming the largest shareholder. Through the acquisition of the Hunan Torch, Weichai Power has formed a “golden industrial chain†in which the three major businesses of powertrain, vehicle and auto parts are complementary and operate independently. What Tan Xuguang's eye cares about is the industrial strategic value of the Hunan Torch. Since then, Tan Xuguang has shown his "expertise" in the capital market. In August 2006, Weichai Strategic Restructuring had been listed by Shandong Juli, a listed company of ST. On April 30, 2007, Weichai Power also creatively implemented the H-shares exchange and absorption to merge the Hunan Torch A shares, returning to the A-share market, making Weichai Power has directly controlled the core assets of the former Hunan Torch Group, such as Shaanxi Heavy Duty Truck and Fast.
In recent years, through a series of capital operations and mergers and acquisitions, Weichai has built a new pattern of coordinated development of powertrains, commercial vehicles, and auto parts. It has basically taken the shape of parts aircraft carriers.
The success of independent innovation in mastering discourse power is also a test, and momentary success cannot guarantee the success of I. Complacency, no one in sight, this enterprise will eventually lose more opportunities for development because of intoxication and insignificant success.
For manufacturing companies, the understanding of innovation generally only stays at the level of technology and products, while Weichai's innovation is more comprehensive and specific, including institutional innovation, mechanism innovation, institutional innovation, process innovation, concept innovation, and cultural innovation. , And the emphasis is on innovation in ideas, systems, and mechanisms. Only by achieving innovations in concepts, systems, and mechanisms can we ensure the realization and sustainability of technology and product innovation.
Due to the implementation and promotion of the “First Talent Project†in recent years, Weichai has achieved internationalized R&D and internationalization of talents, and also enabled Weichai to take the lead in the domestic industry in technological innovation and product R&D, and in basic research. The company has achieved tangible results in product R&D and other aspects, laying a solid and powerful foundation for further expanding the market scale and moving toward the world.
Now in Weichai, not only does high-end researchers receive higher salaries than corporate managers, but also scientific innovation concepts such as “production strictly controlling costs, scientific research at all costsâ€, “encouraging innovation, and tolerance for failure†have become the consensus of the company. Be tolerant to diversity, tolerance is a virtue. It is in the inspiration of this idea that in recent years, Weichai has introduced 47 returnees. The heads of the Group's new energy, powertrain, and electronic control and other frontier technology research centers have all been introduced from the sea in recent years. Inside and outside high-end talent served.
In the end what is independent innovation, Weichai people's answer is: The key is the core technology, only in the comprehensive master of the core technology on the basis of innovation, only to talk about autonomy.
Now in Weichai, not only high-end researchers pay more than the income of business operators, but also the scientific and technological innovation concepts such as “production strictly controlling costs, scientific research at all costsâ€, “encouraging innovation, and tolerance for failure†have become the consensus of the company. Be tolerant to diversity, tolerance is a virtue. It is in the inspiration of this idea that Weichai has already introduced 47 “returnees†experts in recent years. The heads of the Group’s new energy, powertrain, electronic control and other frontier technology research centers have all been introduced in recent years. High-end talents at home and abroad serve.
In the end what is independent innovation, Weichai people's answer is: The key is to control technology, only in the control of technology based on a comprehensive grasp of innovation, only to talk about autonomy. Having mastered the control technology, the global resources can be used by me and the problems of suppliers can be discovered early; if we do not master the control technology, even if we make the products, we must be subject to people. This is also a prototype of many domestic companies that make an innovative product. It is difficult to ensure consistency, stability and reliability of product quality and performance. Therefore, compared with the success of the research and development of a new product, Weichai has placed more emphasis on the construction of innovation processes and regulations. On the one hand, through the normative setting of the process, R&D personnel can avoid R&D risks to the greatest extent, and at the same time, support their continuous improvement of their independent innovation capabilities in R&D practices.
Innovative ideas to enhance cultural strength An organization can only infuse the will and concept of a leader. Only when it has a life can it become alive.
Innovation, you insist on persistent and adhere to. Under the unified guidance of innovative ideas, Rongtong, Responsibility, and gratitude have become Weichai's corporate culture, and this has nurtured the cultural atmosphere of dedication and passionate officers.
In Weichai, innovation is seen as a systematic project, not just technological innovation, but more importantly, it also includes concept innovation, concept innovation, mechanism innovation, process innovation, institutional innovation, and the resulting process runs through every link. A spirit of innovation and a culture of innovation in each process, it is rooted in every employee's body and paid for every day-to-day action.
The realization of independent innovation requires the improvement of every small part of the process, and it requires everyone's commitment to professionalism. From corporate executives to ordinary employees, ideal synergy, synergy of ideas, and everyone’s passion, all of them have a state, together form a Weichai’s innovative culture, it is also the real strength of Weichai, and this is to promote the enterprise. Sustainable development is the most precious source of inexhaustible motivation.
There is also a pitfall for all-round innovation to become a perpetually motivated entrepreneur. In addition to being indifferent and constantly striving, business leaders must also strive to keep a watchful eye on their motives and selfishness. Because the real great cause stems from noble and unyielding ideas.
The better the operation, the longer the steering time, the more confidence the leader will inflate, and the greater the risk of reckless behavior. The original intention of the leader is to lead the company to a better direction. However, most of the objective is recklessness caused by excessive self-confidence, and it will eventually lead to a dead end.
In order to maintain the company's passion and vitality and maintain the continuous driving force for sustainable development of the company, Tan Xuguang first boldly innovated in the principle of employing people, and proposed the principle of “eight don’t useâ€: Cadres who dare not expose the problems cannot be used, and those who do not want to bear responsibility Can not be used, cadres who are not good at communication and collaboration cannot be used, cadres who do not bring troops can not be used, cadres who do not seek learning can not be used, cadres who do not want to initiate innovation can not use, cadres who do not allow the customer to be satisfied can not use, do not understand gratitude Cadres cannot use it.
Weichai's practice has proved that the so-called "turning overtaking, one step in place" is neither scientific nor practical. It is only possible to take every step step by step and do everything in a down-to-earth manner to achieve truly autonomous control. The innovations that have constantly grown to enhance their own strength not only give the awe to the competitors, but also win the respect of competitors.
In the next ten years, Tan Xuguang’s sights will be sighted overseas. In January 2009, Weichai Power successfully acquired the 100-year-old French Boduuan Engine Company, filling the blank of the company's high-speed engine of over 16 liters; on March 25, 2010, Weichai Group registered Weichai-Bodu. The establishment of the Singaporean (Singapore) company in Singapore marks an important step for Weichai to establish an international brand for globalization.
Under the leadership of Tan Xuguang, Weichai has achieved a brilliant record, but it is only a battleship. Today, Weichai has set sail. When it comes to the world's oceans, we hope to see the emergence of a world-class aircraft carrier!
Exploring the Weichai Group's rapid and continuous development of genes
Leadership will determine the survival of a company. A company, an organization, even if it is a non-profit small academic institution, whether the leader is "selfless" often determines the organization's life and death, the company's rise and fall and even the rise and fall. As a business leader, even if he knows the world well, he remains determined and unmoved. This is an eternal power source for the development of a company. For Chinese companies, the boss's personal qualities and ideological and moral realm can often determine the company's survival.