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China Huirong Holds Semi-annual Working Conference in 2019

On July 13, the semi-annual working meeting of China Huirong in 2019 was held in the conference room on the 22nd floor of Headquarters. Mr. Wu Min, Chairman and President, Mr. Zhang Changsong, Executive Director and Chief Financial Officer, Ms. Zhang Shu, Non-Executive Director, Mr. Ling Xiaoming, Non-Executive Director, all the members of the President's Office and middle-level managers attended the meeting.

The semi-annual work in 2019 was carefully summarized and sorted out, and the key tasks for the second half of the year were clearly defined. At the meeting, Mr. Hui Yibin, first made an analysis of the company's semi-annual operation. Since this year, China Huirong has gained a strong momentum on the whole, business transformation has gradually entered a good situation, and asset quality has improved significantly. The company's budget management level has reached a new level, and the financing work has been carried out smoothly.

Subsequently, members of the president's office reported and deployed around the first half of the business objectives and the second half of the key work. Mr. Yao Wenjun, Vice President, pointed out that in the first half of the year, the performance of Inclusive Finance Department maintained a steady growth trend. With the formal launch of Huirong E-tong, the level of business operation informatization has been effectively improved. In the second half of the year, they will continue to strengthen their core competitiveness through innovation-driven and fine management, and promote orderly and steady cross-regional expansion of mortgage and loan transfer funds.

Mr. Zhang Changsong, Chief Financial Officer, reported on the work of the Science, Technology and Finance Department. He pointed out that, as a new business sector, the Ministry of Technology and Science Finance has completed many tasks such as team building, product design, market development and so on in a short period of six months.

Mr. Hu Haoliang, Vice President, reported on the work of the Insurance Agency Department. He mentioned: At present, the insurance agency department actively carries out team building, product promotion and other work, explores innovative business models, carries out diversified operations, and promotes the continuous improvement of profitability.

Chairman Wu Min summarized and reviewed the half-year work of China Convergence, and further clarified the operational objectives and management ideas for the second half of the year. He pointed out that in the first half of the year, China Huirong closely followed the requirements of the working conference at the beginning of the year, and follow the core development strategy of "One center, Two basic points, Three-year development plan and Four major battles". The business structure was diversified and integrated, the team cooperation was significantly strengthened.

Chairman Wu Min stressed that the first half of 2019 has passed. All departments should thoroughly summarize and reflect on the work in the first half of the year. They should closely focus on the objectives and tasks at the beginning of the year. On the basis of maintaining the steady and sustained development of the original business, they should seek new business growth points and make every effort to sprint the annual target of the company.