From Oct. 26 to Oct. 28, 2018, an annual training meeting for financial personnel was held at the conference room in the headquarter of the company.

The meeting was held by Li Wei, vice president of the group. More than 50 financial personnel from finance department, audit department, fund management department, subordinate companies, direct project department, Kaida Road Materials Co., Ltd. and other units and departments attended the meeting.

Qin Gaoju, chairman of the group, dilivered an important speech at the meeting. Chairman Qin pointed out that there are still many problems in the financial work at this stage. He emphasized that financial personnel must perform their duties, strengthen financial management, strictly implement the rules and regulations of the group, resolutely operate according to the internal examination and approval process of the group and strengthen execution. Financial personnel are required to further improve their abilities, serve better and deal with the relationship with others.

Li Wei, Vice President of the Group, made a speech on the problems and countermeasures in the financial work in the first three quarters of 2018. He pointed out that the budget tracking of the financial department was inadequate, the project cost control was not strict, the financial foundation management was weak, the cognition and execution was lack, the financial analysis report was not timely, and the information construction was lagged behind. He said that firstly, we should strengthen the work of budget tracking and assessment. Secondly, we should refine the cost objectives and implementation of the project. Thirdly, we should strengthen the management of financial basis. Fourthly, we should combine internal and external training, ability promotion and talent introduction, implementation and punishment. Fifthly, we should make the financial analysis report embody standardization and unification, generality and individuality. Sixthly, We should speed up the pace of information construction and enhance the information and data sharing within the group.

Lu Lihong, deputy minister of the financial department, summarized the financial work of the previous stage and arranged the work of the next stage.

Gu Mingfang, the head of Audit Department of the group, combined with the practice of auditting of the group, put forward suggestions for improving the financial work in view of the problems found in the daily auditting work.

Li Wei, Vice President of the Group, trained all the financial personnel on Accounting Subjects and Accounting Statements, Group Financial Accounting, PPP Project Company Financial Accounting, Direct Project Department Financial Accounting, Production and Construction Accounting, Group Consolidated Statements, etc. Vice minister of Finance Department, Ge Maocai, helped financial personnel with Management and Accounting of Reciprocal Payments, Vice Minister of Finance Department, Ji Jingjiang, gave business guidance on "Internal Value Added Tax Remittance and Accounting Processing" and "Filling out Financial Settlement Sheets for Subcontracted Projects".

The meeting also combines the nature and characteristics of the Group's operations, discussing financial management, accounting and tax-related matters encountered in the work. Participants with serious attitude, spoke freely to offer advice and seek a better future for the company.

In the morning of 28th, Oct, in order to test the training effect and consolidate training results, we organize a written test for participants.

The meeting ended successfully on the morning of 28th, Oct. This financial work and training conference, through summarizing the achievements and shortcomings of the work, has determined the work objectives and clear work tasks of the next stage. I believe that with the joint efforts of all financial personnel, the order of financial work will be more standardized, and the ability of financial management will be improved.