Wang Baoan's entrepreneurial experience

From 1992, he became the secretary and director of huixian city Tool Factory, which has lost 2.28 million yuan. He has always been strict with himself and boldly explored. In enterprise management, he strengthened the team's self-construction, paid close attention to ideological and political work, and relied on cadres and workers to carry out drastic internal reforms. Deputy factory-level and middle-level cadres have implemented the appointment system; Optimize the employment system and implement the contract system. Wages are distributed in various forms, such as piecework, post and timing, which are suitable for factory conditions. At the same time, we constantly revised, improved and implemented various management systems, insisted on changing small to large, reduced personnel, improved work efficiency and improved product quality. We successively invested/kloc-0.5 million yuan to transform the old production line, newly developed a series of live wrenches and dull wrenches with 375mm specifications, and developed high-tech multi-purpose wrenches, including plastic dipping, slotting and European style, which made the products more diversified and upscale.