Chongqing Titanium Industry completes its annual cost reduction target ahead of schedule

Chongqing Titanium Industry, a joint-stock company, has further promoted cost reduction for all employees, all factors, and the whole process, and urged employees to implement cost reduction measures based on their positions. From January to September this year, it achieved a system cost reduction of 29.29 million yuan, exceeding the progress target of 10.54 million yuan, achieving ahead of schedule. Annual cost reduction goals.

The company continues to strengthen education on situation and tasks, organizes employees to carry out large-scale discussions, explains the situation, tasks, and measures to employees, enhances all employees 'awareness of accounting and conservation, and transfers and consolidates the responsibility of cost reduction layer by layer; Solidly carry out the activity of "I contribute a plan to reduce costs and increase efficiency", mobilize employees to start from small things and things around them, find the focus of cost reduction based on their positions, actively put forward reasonable suggestions, and take effective measures to implement the detailed cost reduction work.

Adhere to first-class benchmarking to identify gaps, and continue to optimize technical and economic indicators. Through measures such as process improvement and strengthened management, the company has continued to improve the yield of TiO2 in key indicators, reaching a record high in August; strengthened production and operation control to ensure continuous optimization of indicators such as acid consumption, ore consumption, lime consumption, and water consumption.

Actively give full play to the guiding role of financial analysis in production and operation, and use methods such as cost reversal and improvement of the quota system to promote the effective development of cost reduction work. The company insists on holding weekly cost analysis meetings and monthly production and operation analysis meetings at the factory and operation area levels to promptly identify problems and take countermeasures; vigorously promotes team cost analysis, puts the focus of cost management on the front line, and enhances team cost management Awareness and ability to improve the quality and efficiency of cost reduction work.

Continue to do a good job in reducing procurement costs and continuously transmit pressure to the upstream. The company does a good job in tracking the purchase prices of key materials, accurately grasps market information, and strengthens the implementation of measures such as price reduction negotiations, source search and cost reduction; continues to do a good job in cost control to achieve no expenditure without budget and no expenditure on unnecessary projects; Actively carry out independent maintenance and repair and recycling work, strengthen the management of equipment maintenance costs, adopt measures such as strict approval, on-site verification, cleaning and integration, strictly control office expenses, and reduce management expenses, creating conditions for completing the annual cost reduction goal ahead of schedule.