On July 15, Rifa Precision Machinery's 2017 semi-annual economic analysis meeting was held as scheduled. The meeting comprehensively reviewed the company's achievements and deficiencies in the six months of economic work, and arranged and deployed key tasks in the second half of the year. The middle and high-level leaders of Rifa Precision Machinery and its subsidiaries gathered together. Chairman Wang Benshan was the chairman of the meeting to unify thoughts and gather strength.

At the meeting, each business department and subsidiary reported on the main work carried out in the first half of the year, analyzed and summarized the operating conditions and expected work objectives, and made arrangements for the work priorities in the second half of the year.

In his analysis of the economic operation in the first half of the year, Chairman Wang Benshan pointed out that in the first half of the year, with the joint efforts of everyone, focusing on the goals and tasks set at the beginning of the year, he took the initiative to adapt to the new normal of economic development, and the overall operation was in good shape. Among them, the domestic company Jinqiu and Bearing Equipment Division has completed 55% of the annual budget plan, an increase of 65% over the same period last year. The performance of MCM Italy in the first half of the year also increased over the same period last year. While affirming the results, the chairman focused on analyzing the main problems and development directions of each business unit and its subsidiaries. First of all, Jinqiu and the bearing equipment business unit completed the plan according to the time schedule, but the future development is still relatively risky. Big, the Jinqie Division should expand its revenue sources, increase sales revenue, improve the customer’s taste in the market, and seize the direction of the future development of the industry; the bearing equipment division should quickly improve the work of the bearing equipment line, and at the same time open up new markets , Lay the foundation for future development. Secondly, there is a big gap between the completion of the aviation equipment and aviation parts plan, and efforts are needed. It is hoped that aviation equipment can catch up in the second half of the work, and that aviation parts can form a normal production state this year. Thirdly, in terms of human resources, employees are the wealth of the company. On the basis of abiding by the system, it is necessary to take into account personal needs and improve the welfare system. Finally, the chairman hopes to actively look for new hot spots in the future market, explore the direction of product line extension, make full use of social resources, give play to its own resource advantages, and continue to explore and try new ideas and new methods to enhance the company's overall strength. Establish a sense of responsibility and strive to exceed the goals and tasks for 2017 in the second half of the year.

At this meeting, the current situation facing the company in all aspects of work was deeply analyzed, and the focus of the next step was put forward in a targeted manner. All participants further understood the situation, clarified the goals, and strengthened their confidence, which has important guiding significance for the current and next stage of work.