The Group held a special training meeting on the guarantee business
On the afternoon of February 28, the Finance Department of the Group held a special training meeting on guarantee business, and invited experts from the guarantee team of Bank of China Jiangsu Branch to give lectures. Zhang Jiming, deputy general manager of the group, attended the training meeting, which was presided over by Li Jian, minister of finance of the group.

The Finance Department reported the main problems in the management of the Group's guarantee business and further clarified the Group's control requirements. Experts from the Bank of China's guarantee team gave lectures on the development of the Group's guarantee business in Bank of China, a brief introduction to the guarantee business, the main risks involved in the guarantee business and countermeasures, and typical cases of guarantee claims. The training is in line with the group's business and has strong guidance and practicality. The atmosphere of the on-site communication session is warm, and the teaching experts answer the questions in detail one by one.
Zhang Jiming expressed his gratitude to the Bank of China Jiangsu Branch for its long-term trust and support to the group, and emphasized the need to do so.“Five must”: The system must be rigidly implemented, management responsibilities must be detailed and clear step by step, process control must be in accordance with the law, daily inspection and supervision must be carried out in detail, and risk prevention and control plan measures must be accurate and effective. Regarding the next step in the management of letter of guarantee business, he put forward five specific requirements: first, continue to strengthen learning, thoroughly learn the group letter of guarantee management system and relevant bank requirements, master the handling process of letter of guarantee business, strengthen the coordination of industry and finance, and continuously improve the ability of risk management and control; The second is to adhere to the problem orientation and check the common problems reported by the finance department against each other to effectively prevent the occurrence of similar problems; the third is to refine the list of responsibilities, sort out the work chain of guarantee management, and clarify the responsibilities of everyone in the work chain; The fourth is to strengthen the contract performance management, effectively control the risks of the guarantee business, enhance the awareness and ability of the owner's credit adjustment and effective control of the project implementation link, strengthen the contract awareness and contract spirit, attach importance to risk control, and prevent the risk of guarantee claim; The fifth is to strengthen internal and external coordination, the Finance Department shall strengthen communication and coordination with banks to meet the needs of business development at home and abroad, and all subordinate units shall cooperate closely with the Finance Department to strengthen communication and coordination with the owners and foreign banks to jointly safeguard the interests of the group.
The relevant personnel of the Group's Finance Department, International Business Department and Domestic Business Department, the person in charge of the guarantee business of each unit, the financial manager and the guarantee manager will participate in the training through a combination of online and offline methods.

