2020 Spring Festival Message

(January 25, 2020, the first day of the Lunar New Year of the Rat)

Chen Mingye

　　This year's Spring Festival is unusual. It coincides with the rapid spread of the novel coronavirus pneumonia originating in Wuhan to the whole country and even the world. The people of the whole country are working together to fight the epidemic. I wish everyone a safe and peaceful day and good preventive control measures.

　　1. The total sales in 2019 decreased by 26.47% compared with 2018. This year, we must steadily advance step by step towards the grand goal of the sun and the moon.

　　2. Perseverance is the key to upholding our original aspiration, and ability is the key to fulfilling our mission. The nationwide production shutdown and holiday for more than a month was unforeseen. The Wuhan epidemic is so serious that some enterprises cannot survive, and some units cannot make ends meet. Where is the way forward in 2020? How can we break the deadlock? We must be fully prepared to endure hardship, work together with all our might, and regain the losses caused by the epidemic!

　　3. The world economy will face a period of sluggish growth in 2020.

　　4. The wise way to use people is to use their strengths and avoid their weaknesses. Just like a skilled craftsman handling wood, using its strengths and discarding its weaknesses. Which skilled craftsman would discard wood because there are a few feet of unusable wood on the tree? The key is to know how to control and constrain, to act according to the situation, time, and people, which is the way to success. This requires establishing a good system. Without a system, governance cannot produce fundamental and long-term effectiveness. The more rigorous and strict the system norms are, the sharper the blade will be, and the sharper the blade, the more the system can show its effectiveness. If the system does not bite, what is the difference between it and a decoration hanging on the wall?

　　Institutional advantages are the greatest advantages of a country and an enterprise, and institutional competition is the greatest competition between countries and enterprises. The vitality of a system lies in its implementation. We must strengthen the enforcement of the system, strengthen the supervision of the enforcement of the system, and give full play to the important role of the system in guiding direction, regulating behavior, improving efficiency, maintaining stability, and preventing and resolving risks. We must earnestly enhance the awareness of acting according to the system and according to the law, resolutely prevent the system from becoming a scarecrow or a rubber band, and insist on equality before the system and no exceptions in enforcing the system. We must leave no loopholes, open no skylights, and strictly prevent the broken window effect. We must pay attention to both behavior and results, resolutely eliminate the phenomenon of making choices, making compromises, and giving discounts. If we want our subordinates to do it, we must do it first; if we want others to do it, we must do it first.

　　5. Hidden costs cannot be ignored, which are manifested as:

　　5-1. Process costs, or form-filling costs and meeting costs. Given that the working time of employees is fixed every day, the cost of this part of the time is the employee's salary. If managers do not take this into account when making relevant arrangements, hidden costs will be generated;

　　5-2. Policy uncertainty costs and business environment uncertainty, thus reducing expected returns.

　　5-3. Occupational incentive distortion costs. Talents who originally belonged to the technical department also need to transform to management positions or to other unfamiliar industries.

　　5-4. Cost of avoiding responsibility. Worried about making mistakes, they adopt an overly cautious approach, or even give up eating for fear of choking, thus losing many opportunities for innovation and development and further growth potential.

　　6. Making decisions and acting without regard to the actual situation and violating the prescribed procedures.

　　7. Falsifying, concealing, or concealing problems.

　　8. Some people use summary materials to package actual performance, treating what is said as what is done, and plans as reality.

　　9. Governing a country begins with governing officials; governing an army begins with governing generals.

　　10. Welch's 10% elimination rate rule: Action ability is eliminated. The most important work is not to turn the worst employees into good performers, but to turn good performers into the best.

　　11. Do not seek the greatest, but seek the best; do not seek the fastest, but seek progress. In nature, the faster-growing trees have lower density and shorter lifespans, while redwood and Populus euphratica take hundreds of years to mature and can last for thousands of years. Therefore, when running a business, we must identify our goals and be patient.

　　12. Strictly implement the reporting system for major issues, adhere to the original aspiration and keep the mission in mind, adhere to the path of the sun and the moon, adhere to the inheritance and development of the sun and moon culture and spirit. Cultural confidence is the driving force, the spiritual strength that unites employees, and the deep support for governance capacity.

　　In this extraordinary period, true people of the sun and moon should share weal and woe, share honor and disgrace, and never abandon each other. They should not fly away like birds when disaster strikes, but should work together with all their might to innovate, create, and achieve great achievements that benefit the country, the people, and the world. This is the Spring Festival message for the Year of the Rat in 2020.

　　The difficulties of the sun and moon are temporary, and spring has arrived!

　　(From "The Path of the Sun and Moon" No. 523, 2020.01.25)