On July 22, General Accountant Peng Jinhong, together with related personnel of Finance Department, visited Nam Kwong Culture and Creativity and Nam Kwong Logistics respectively for the survey on establishing a financial management system compatible with the development of the state-owned capital investment company of Nam Kwong Group. Nam Kwong Culture and Creativity and Nam Kwong Logistics were respectively the fifth and sixth tier-2 company surveyed by Peng Jinhong.
The survey launched recently was intended for three purposes. The first was to establish a financial management system that was compatible with the strategic structure of the state-owned capital investment company and the development of the Group. The second was to review the financial system reform that was initiated four years ago in 2015, summarize experience and tackle problems. The third was to listen to the financial personnel at various levels for their opinions on the upcoming adjustment of the financial management system, so as to build a system that was scientific, reasonable, standardized and efficient.
Meeting with the entire financial staff of Nam Kwong Culture and Creativity and Nam Kwong Logistics, Peng Jinhong listened to their opinions on the adjustment of management authority in fund management, profit distribution, collateral mortgage and impairment of assets. He also discussed with the tier-2 companies difficulties arising in operations, learnt about the operation status throughout 2019 as well as trainings and management over financial personnel, and listened to the companies’ opinions regarding the reform of the Group’s financial management mode and the financial management work of his own individually and the Group. The survey turned out fruitful with favorable effects.