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Hu Jianhua inspects China Merchants Capital

2020-03-10

On March 10, Group President Hu Jianhua inspected China Merchants Capital and instructed anti-epidemic and wok resumption. Zhou Song, Group CFO, participated in the inspection.

Hu Jianhua heard the report given by Zhang Rizhong, CEO of China Merchants Capital, on epidemic's impact on the company, major investment projects and issues that require shareholder's support. Hu Jianhua recognized China Merchants Capital's efforts for anti-epidemic and work recovery and expressed appreciation to the employees on behalf of the Group. He said that China Merchants Capital insisted on scientific planning and precise prevention and control, which has achieved the established goal of zero confirmed cases, suspected cases and death cases. He further pointed out that since its establishment, China Merchants Capital has made positive contributions to the development of the Group's and achieved favourable returns. In the next stage, it should pay close attention to the following: first, to meet the combination of central SOEs and foreign enterprises by taking advantage of international companies' institutional strengths to promote the further marketization of China Merchants Capital; the combination of tradition and innovation by absorbing the innovation factors of GLP to promote the healthy and rapid development of business; the combination of the inside and outside of the Group by exploring newly-emerged industries outside of the Group with keen insight; and four, the combination of home and abroad by taking advantage of opportunities such as the Belt and Road Initiative to expand overseas development channels.

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