Media centre

On July 3-5, 2006, China Overseas Holdings Limited held the 2006 Financial Analysis Meeting in Zhuhai. Over 60 senior management staff from the group, different business lines and regional offices attended the meeting.

Mr. Kong Qingping, the group’s vice chairman and president delivered an opening speech, followed by a special report by Mr. Wu Jianbin, the group’s financial controller, which gave a conclusive, systematic summary and review on the first half-year economic activities and problems faced by the group. Specialists from the Deutsche Bank then hosted a training on “Substantial Growth through capital operation, merging and re-organization.”

Corresponding to the problems unveiled and the thinking and analytical rationale introduced by Deutsche Bank, different business lines of construction, mainland property development, infrastructure and Hong Kong – Macau property development conducted an in-depth discussion on their business scopes on the second day. They had made a better review on the development strategy and refined the business objectives, and refined the key tasks and work plan ahead. Mr. Zhou Yuguan, general manager of the group’s IT, conducted a training and conclusive summary to the ERP System, the information system platform that improved management efficiency.

To conclude, Mr. Kong emphasized that the major tasks for the second half-year should be “To realize transactional growth of the Group through innovation in strategy, system, operation mode”. Mr. Cui Duosheng, the group’s vice president, stated in the closing speech that the concept, knowledge, strategy and planning were fully explored that paved way to the completion of the second half-year work target.