Group Held 2019 Financial Systems Seminar

In order to further improve the quality and management level of the group's financial work, on July 5, the group held the 2019 financial system seminar. Group directors, professional committee leaders, as well as financial officers and financial personnel of various sectors attended the meeting.

At the meeting, Qi Chen, director, deputy general manager and chief financial officer of the group, comprehensively summarized the financial work in the first half of 2019, analyzed the existing deficiencies, and made arrangements for the work in the second half of the year. In view of the changes in national tax laws and policies, the participants conducted on-site discussions in combination with the actual work of enterprises, and sorted out the measures and work plans that need to be improved in the next step.

In order to enable system personnel to master the latest fiscal and tax policies and a wide variety of payment and settlement contracts, participants were also trained at the meeting. In view of the high-tech enterprises plus deduction, bank account management, fixed asset management and other 10 fiscal and tax policies closely related to the group's business, the paper analyzes the tax risks faced by the group under the new tax system, and puts forward solutions. The fund management center introduced in detail the current group's various types of guarantee, factoring, commercial acceptance bills and other payment business contracts, and analyzed the different payment methods and standards in various payment contracts, so that the accountants can grasp the advantages and disadvantages of various payment methods from the source, and do a good job of adoring the project when signing the contract to avoid the occurrence of capital risks.

At the meeting, a total of 11 financial executives from the work overview, experience sharing, found problems, solutions, suggestions and ideas and other aspects of the work report, opened up the participants on accounting, system process, tax planning, service functions and other aspects of the idea.

Cui Xiaoli, deputy chief economist of the group, explained the progress of the enterprise's "business-to-increase" work, requiring the management system personnel to work together with the project financial system personnel, and at the same time do a good job in the publicity and implementation of various systems. She pointed out that only by improving the effective operation of funds can the normal development of business activities be met. In the future, the group company will take the management and control of project overhead as the key work. The finance department should give timely feedback on the expenses incurred by the project. The personnel of the operation and financial system should cooperate with each other to form linkage and unified centralized management.

Finally, Wang Germany, chairman of the group company, made a speech and put forward requirements and hopes for future work. First, financial personnel should go deep into the grass-roots level, understand the needs of the front line, increase their talents, and make greater contributions to the development of the company. Second, the financial department should control the risk for the group company. It should not only serve the production and operation, but also do a good job in tax, capital and cost planning, realize information communication and sharing with the operation department, and provide guidance for the operation and management. The third is to respect the law of market development, develop together with all parties in corporate activities, and achieve a long-term win-win development situation. The fourth is to encourage financial personnel to carry forward the spirit of responsibility and grow and develop together with enterprises. (Saina)