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CFO and Board Secretary Wang Weiling Inspects CCEC and East China Division

Release time:2018-04-27 Article source: Reading times: A+AA-

In order to strengthen the management and control of the financial risks of subsidiaries and standardize financial management, Wang Weiling, CFO and Board Secretary led relevant personnel to CCEC and East China Division for field inspection and survey. On-site inspections were carried out on problems identified in the subsidiary’ internal and external audit in recent three years and the rectification, the management and control of funds occupied by receivables and funds occupied by inventory, the status and management of financial affairs and branches by means of on-site examining of the company’s rules and regulations and spot check of vouchers and statements. 

From April 23 to 24, CFO Wang and the inspection team fully communicated with CCEC on the problems found, and exchanged views on the status and problems in the company's agricultural business and exchange rate management. 

From April 25 to 26, CFO Wang and the inspection team conducted on-site inspection in CMEC Wuxi and CMEC Suzhou, communicated with them on the problems identified respectively. In addition, surveys and exchanges were conducted on the status and problems of exchange rate management, as well as the progress of special businesses including PV and overseas warehouse.