Nghe An Agricultural Materials Joint Stock Corporation maintains the brand of Heroic Unit

(Baonghean) - In 2016, production and business activities of enterprises are increasingly difficult and facing fierce competition pressure in the domestic market, which is a big challenge for enterprises in terms of stabilizing jobs, creating income for employees and paying dividends to shareholders. With great efforts and determination, many suitable solutions, Nghe An Agricultural Materials Joint Stock Corporation still achieved high results in production and business...

Representatives of the National Assembly leaders awarded the First Class Independence Medal to Nghe An General Corporation for Agricultural Materials.

Although the production and business results of Nghe An Agricultural Materials Joint Stock Corporation in 2016 encountered many difficulties, many targets still exceeded the plan. Specifically, total revenue reached 1,500 billion VND, an increase of 25% of the plan, export turnover of 34.9 million USD, budget contribution of 13.2 billion VND, profit of 200 billion VND, stable employment for 100% of employees with an average salary of 6.2 million VND/person/month, an increase of 1.7% compared to 2015. Notably, while many enterprises pay dividends of 5 - 7%, the unit still maintains the level of 15%.

To achieve good results, the unit has implemented synchronous solutions, strengthened the leadership of the Party Committee and Party cells, well implemented the grassroots democracy regulations, promoted patriotic emulation movements, promoted technical innovation initiatives, promoted innovation in management and business operations. Many technical innovation initiatives have been applied in production and business, bringing high efficiency to the enterprise, saving costs, reducing product prices. Typically, the initiative to replace the bucket elevator system with a conveyor system, adding an auxiliary shaking screen system in fertilizer production to save time in production, improve product quality... The initiative to research and change the formula of additives in fertilizer production helps the pelletizing and granulating process to ensure quality and appearance, save electricity, and reduce production loss. The "good director" emulation movement has contributed to tightening management and operation, effectively operating the parent company - subsidiary model.

Deputy Minister of Agriculture and Rural Development Le Quoc Doanh visited the experimental rice field of Nghe An Agricultural Materials Company in Kim Lien (Nam Dan) - Van Doan

At the Corporation (parent company), production and business activities have shifted to focus on financial investment and management of subsidiaries. In addition to the previous system of 17 subsidiaries, in 2016, the Corporation expanded its financial investment activities into new areas, such as investing in buying shares and becoming the largest investor, the controlling shareholder owning over 91% of charter capital at Nghe An Seed Joint Stock Company; buying shares at Groundwater Exploitation Joint Stock Company 2 in Ho Chi Minh City and investing over 100 billion VND to buy shares of PetroVietnam Fertilizer and Chemicals Joint Stock Corporation. In organizing production and business, the company boldly innovated technology, ensuring product quality associated with implementing the policy of selling to farmers with interest-free loans, and paying attention to directing subsidiaries to build a distribution and consumption network by developing a system of kiosks and retail agents widely to all regions in the area; Apply a unified one-price mechanism to help people in remote areas quickly access quality materials, seeds, and fertilizers provided by the unit, etc.

Thanks to that, production and business activities at the Corporation and its subsidiaries are relatively stable and have developed. Regarding agricultural materials such as seeds and fertilizers, production and supply output have remained stable. Particularly in the field of processing and exporting cassava starch at Dak Lak Agricultural Materials Joint Stock Company, due to the anticipated difficulties in the unstable purchasing policies of Chinese customers and the addition of two more production and processing factories in the same area put into operation during the year, the business results in 2016 continued to be effective. By November 30, 2016, the investment and supply output of fertilizers reached over 46,000 tons of all kinds, seeds reached over 1,000 tons of all kinds, and cassava starch reached over 110,000 tons of all kinds. Mineral exploitation, processing and trading activities have made a breakthrough. In 2016, the unburnt brick production line was put into operation and the Granite Brick Factory project at Dak Lak Minerals Joint Stock Company is gradually being implemented, opening up prospects in implementing a multi-industry business strategy.

In addition, the Corporation has cooperated with the South Central Coast Agricultural Science and Technology Institute and the Vietnam Agricultural Science Institute to select and create two new pure rice varieties, Materials NA6 and Materials NA9, to add to the unit's high-quality short-term seed set. The seed business market not only serves the province but also expands to the provinces of Binh Dinh, Quang Ngai, Thai Binh, Hung Yen, Hai Duong, Hai Phong, Hanoi, Vinh Phuc, Phu Tho, Son La, actively contributing to the effective implementation of the rice production restructuring project and the food security strategy in the province and neighboring provinces.

The Corporation cooperates in producing NA2 rice on a large model field in Nghi Loc district.

Production and business are organized effectively, 100% of the staff, employees and workers in the unit have stable jobs and the average income in 2016 exceeded the plan set by the shareholders' meeting by 17%. Social insurance, health insurance and unemployment insurance contributions are made in accordance with regulations. The settlement of benefits for employees when they are on maternity leave, sick, retired... is carried out seriously and quickly. In addition, the unit cares for employees when they are sick, ill, mourning, happy... and has a policy of encouragement and encouragement during holidays and Tet.

Not only producing and doing business well, the unit also actively participates in social, charitable and humanitarian activities, considering them both as a goal and a driving force to build a culture and brand to promote sustainable business development. Therefore, the unit is always enthusiastic in taking the lead in supporting the movements of "repaying gratitude", "remembering the source when drinking water", "eliminating hunger and reducing poverty" launched and initiated by the Central Government and Nghe An province. In particular, implementing the movement "Tet for the poor in Binh Than year 2016", the Corporation has supported 1,050 million VND; contributed to the education promotion fund, the fund for the poor, sponsored social activities 450 million VND; supported and visited 9 Vietnamese Heroic Mothers and Truong Bon martyrs' mothers 130 million VND. In 2016, the unit supported and contributed more than 1.7 billion VND to social, charitable and humanitarian activities.

In 2016, the company completed and exceeded its mission targets, was classified as an excellent business unit; the Party Committee achieved the title of exemplary clean and strong, and excellent strong organizations.

In recognition of its achievements, in 2016, the Corporation was honored to receive a Certificate of Merit from the Government for its excellence in improving the quality of goods and products; the Provincial People's Committee awarded 4 Certificates of Merit for the period 2011 - 2016; fulfilling tax obligations; supporting Tet for the poor and the golden heart - Dioxin Fund.

Promoting the achieved results, in 2017, the Corporation continued to lead in overcoming difficulties, innovating corporate governance activities, focusing on innovating management and operation, promoting patriotic emulation movements, creative labor, improving productivity, quality, and labor efficiency, creating changes in production and business. The unit strives to create stable jobs, increase income, improve the lives of employees, exceed tax obligations to the State and actively participate in humanitarian charity activities, build a strong and comprehensive enterprise, worthy of the noble title of Labor Hero in the period of innovation conferred by the Party and State.

Hai Yen