Fujian Funan Bearing Co., Ltd. held the kickoff meeting for the 2021 equity incentive project

On the morning of July 19th, Fujian Funan Bearing Co., Ltd. held the 2021 equity incentive project kickoff meeting in the conference room on the 9th floor of Funan Building. The meeting was chaired by the company's chairman, Chen Yanping, and all key members of the company attended the meeting.

This conference is an important meeting held during a critical period of improving the quality and efficiency of the company, in response to the new situation of adapting to the economic transformation and upgrading needs of Nan'an City and helping enterprises cultivate talents, based on the "Nan'an Entrepreneur Quality Improvement Training Special Plan".

At the meeting, Mr. Chen Yanping, Chairman of Funan Bearing Company, delivered a speech saying, "Funan Company has had so many people persistently accompanying us for more than 20 years. I am willing to fully and reasonably distribute the wealth created by the team to everyone present, let us share it together, show different enthusiasm, and work tirelessly for the beautiful vision of Funan. In the future, from 2021 until everyone retires, we can obtain matching benefits. This is my sincere idea and also the purpose of cooperation with Guoxin

Funan Bearing was founded in 1993 and is located in Nan'an, Fujian. We specialize in producing a full range of outer spherical ball bearings, ball bearings with seats, bearing seats, and non-standard customized products. We currently have a fully automated casting production line from Shinto Technology in Japan, with the ability to produce 12000 tons of gray mouth and ductile iron bearing seat castings annually; We have advanced domestic specialized equipment for bearing seat machining, fully automatic electrostatic spraying equipment for bearing seats, continuous production lines for bearing seat cleaning, dehydration, and rust prevention, with an annual output of 8 million bearing seats; We have industry-leading bearing ring grinding and processing production lines, as well as bearing cleaning and assembly production lines, with an annual output of 5 million sets of bearings;

How to inject strong momentum into the development of the company? How to attract, retain, and stimulate talents, so that cadres can form a community of shared interests and a community of shared cause, fully exert their subjective initiative, and maximize their own value?

Fan Daoyuan, general manager of Fujian Guoxin, shared in the Excellent Business Performance Management System that "management ability is not born, but learned." The growth of the enterprise is just like the four stages of canoe - Loong Boat - ship - aircraft carrier, which is a gradual transition process from individuals, teams, systems and platforms. Equity incentive is an incentive mechanism that enables enterprises, shareholders, and incentivized individuals to form a community of needs. Why companies need partners is not only to expand new businesses and cultivate seed businesses, but also to encourage technological and model innovation, as well as to stimulate employees' potential and entrepreneurial passion.

Equity incentives, although based on the future incremental part of the enterprise, do test the boss's vision and mindset! Chairman Chen Yanping has feelings and vision, and believes that Funan Bearing will definitely become a first-class bearing brand with seats in China!

Phone: 0595-86319380

Fax: 0595-86310897

Email: FZBBEAAING@163.COM

Address: Minxiao Industrial Park, No. 354, Shizhong, Liantang Village, Nan'an City, Fujian Province

Official website: http://fzbbearing.com/