The Group held 2025 financial analysis meeting
On the afternoon of January 27, CJI organized the 2025 financial analysis meeting. Group Chairman Song Qinbo, General Manager Zhu Xinbao, Deputy General Manager Zhang Jiming, and Provincial State-owned Assets Supervision and Administration Commission's expatriate financial supervision commissioner Ping Yan attended the meeting and delivered speeches respectively. The meeting was chaired by Li Jian, Minister of Finance.
The Group Finance Department reported the annual financial status, budget implementation, and overall operation of funds, and clarified the goals and requirements of the key work plan for the next year. The appointed financial leaders of Haiyi Company, Hengtai Company, Sanjian Company and Assembly Company respectively reported the main financial and operating conditions of the unit for the year. At the same time, they exchanged views on the topic of appointing financial leaders to perform their duties in both directions between the group and the unit, thus achieving the goal of mutual inspiration and common progress. The main persons in charge of the International Division and the Domestic Division analyzed and exchanged views on the integration of industry and finance. Li Jian put forward specific requirements for the construction of the group's financial team. Ping Yan emphasized three aspects on the key financial work: first, to carry out comprehensive and in-depth risk investigation and analysis; second, to conscientiously implement various rectification work; third, to speed up the improvement of management ability and corporate governance level.
Zhang Jiming affirmed the effectiveness of financial management in 2025, pointed out the shortcomings of financial management, and clarified three key goals for this year: First, build a team of financial management talents with high comprehensive quality, strong professional ability, and solid work style; The second is to strengthen cash flow management to ensure the safety of the group's capital chain; the third is to work hard to improve the system and enhance execution to comprehensively improve the level of corporate governance.
Zhu Xinbao stressed three concerns about financial work: first, to do real risk control. The appointment of the person in charge of finance must be deeply involved in business decision-making, a good risk gate, to achieve pre-warning, control, after-the-fact evaluation, and effectively build a strong risk line of defense. The second is to do excellent cash flow management. Perseverance“Cash is king.”, dynamic tracking of the progress of payment, pay special attention to ledger management and special collection, to ensure efficient turnover of funds, to provide a solid financial guarantee for the group's stable operation. Three is to do deep cost-effective. We will reduce costs and increase efficiency throughout the whole business process, actively innovate financial means, strictly control costs, improve efficiency, and help the Group achieve high-quality development.
Song Qinbo put forward requirements for the group's financial management work: to adhere to the bottom line of risk prevention and control, the group will coordinate the financial department and relevant business departments to jointly formulate a financial instruction manual that is in line with the actual business, to provide a clear basis for the appointment of financial leaders to standardize the performance of duties, and to achieve the performance of duties with rules to follow and evidence to follow. The appointment of the person in charge of finance should effectively strengthen the sense of responsibility, go deep into the front line to grasp the essence of the company's business, and deepen the effectiveness of the integration of industry and finance. The Finance Department should incorporate its understanding of the business of the unit into the assessment indicators and strictly implement the performance requirements.
The head of the Group's finance department, the second-level unit appoints the person in charge of finance and relevant financial personnel to attend the meeting.
