October is harvest season!

1.Today's development achievements of the company are inseparable from the strong support of ICBC. In order to further strengthen the cooperative relationship with ICBC, the Party Branch of BASR and the Third Party Branch of Nanlishi Road Branch carried out a joint party day activity entitled "Unity and Cooperation for Development, Joint Party Building Spectrum New Chapter". Mr. Guan led a team and the president of Nanlishi Road Branch to visit our main customer, BBAC, and conducted relevant business exchanges. ICBC leaders affirmed our business model and were full of expectations and commitments for our development prospects

He will give us his continued support and hope to cooperate with us in more areas of finance

2.Through the one-day team building on September 30, all employees of The BU1 have strengthened the cohesion and centripetal force of the team, deepened the employees' understanding of the corporate culture, and strengthened the employees' belief in pursuing excellence! They brought this belief to the intense work after Golden Week. Through their active efforts, the company's operating performance has achieved the best year-on-year level in history.  While maintaining the production task, The BU1 has continuously strengthened training and practiced basic skills, creating a team that can really fight tough battles.   Zeng Shu, the acting person in charge of operation management, summarized and organized his business experience into training materials, and exchanged and shared experience with employees of various departments;   Logistics/technical quality: 20 employees will be tested for basic skills to understand the actual operation level of employees, and targeted training and improvement will be carried out.

3.The BU2 is working hard in the increasingly fierce market competition. Based on the operating results in October, sales are expected to triple the target of 2019.

   While deeply cultivating the business of Sinotruk, the BU2 has increased the development of other businesses in Shandong, especially in the promotion of new EPS materials, and signed the first batch of test material orders through unremitting efforts.

4.While building the organizational structure, the BU3 raced against time and started a series of market development work such as market research .

5. Harmonious labor relations are the foundation of sustainable development of enterprises and the inherent requirements of social harmony. After nearly 20 years of development, the company has established a relatively complete labor and employment mechanism and employee compensation and welfare mechanism in accordance with national laws and regulations. Hereby, the company has won the honorary title and bonus of "Advanced Unit of Star Harmonious Labor Relations in Xicheng District, Beijing" in 2019 for encouragement.

6. On October 18, in the "China Logistics Forum" of the 40th anniversary celebration of Beijing Wuzi University, Comrade Xiao Wei, on behalf of the company, awarded the BASR, Ltd. Scholarship to 10 outstanding students of Wuzi College, in order to encourage students to study hard and Xi and lay a good foundation for future achievements. In addition to the five-year scholarship program between the company and Beijing Wuzi University, the two sides will also carry out strategic cooperation in more fields.

7. The company's procurement + platform project, robot project and transportation management system have completed the preliminary research work, and the project management team is working with a third party to finalize the plan and optimize the cost. The three projects will be launched in phases according to the final plan and the results of business negotiations.

8.With the continuous improvement of the company's management, the management system is also constantly improving. In October, the company issued the "Employee Job Evaluation System and Targeted Training System" and "Cadre Management System".

a) "Employee Job Evaluation System and Targeted Training System", which defines the company's standard positions from multiple dimensions and evaluates the qualifications of employees in the positions, and formulates the targeted training or training plan for the employees according to the evaluation results of the qualifications.

     At the end of 2020, employees in key positions will be evaluated first, and based on the results of the evaluation, job reassignments will be made in FY2021.

b) The "Cadre Management System" stipulates a series of training and appointment methods for the company's cadres, including competitive recruitment, democratic election, and assessment. The system aims to establish a fair and just cadre appointment mechanism and give employees a chance to display their talents. The company is trying out the system to select the person in charge of the first division of the business, and is looking forward to the results.