From Qinghai Kingho Group (Correspondent: Guo Keyong) On July 25, the Financial Work Summary Conference for the First Half Year and Deployment Conference for the Second Half Year of 2012 for Qinghai Kingho Group was held in Wulan Coal Chemical Company. Leaders of the Group, including Lv Liqun, Wu Zhijun, Wang Jun and Li Yongqiang were present at the meeting. The persons in charge of the Sales Company, Supply Company, Property Management Company, Financial Affairs Department, Production Technology Department, head of financial affairs office for each grassroots audit unit and relevant financial personnel attended the meeting.
The meeting was presided by Du Suqing, from the Financial Affairs Department of the Group. First, the persons responsible for the Financial Affairs Department of the Group, Financial Affairs Office of Sales Company, of Coal Chemical Company, of Golmud Mining Company and of Pellet Company reported on the work summary in the first half year and work plan in the second half year of each organization respectively. Then, five members from the Financial Affairs Department of the Group including Lin Shuming summarized the personal work in the first half year of 2012.
Lv Liqun, deputy general manager and chief accountant of the Group, made a conclusive speech. First, She showed a recognition of the achievements made by the Financial Affairs Department of the Group in the first half year. She pointed out that, thanks to the hard efforts of financial personnel at all levels, the overall financial foundation management standards of the Group have been greatly improved; All these staff members had completed the preparation and reporting of various daily statements required by China Kingho Group with both quality and quantity assured, perfected basic materials for financial management, cultivated financial teams and enriched the professional knowledge of financial personnel; Through continuous learning and further investigation and by conquering difficulties, the overall budget managers advanced the overall budget management of the Group better in the repeated process of budget preparation, adjustment, analysis and modification of budget; Great effects were achieved in funding and financing work, which provided a solid guarantee of funds for the project construction of the Group and made due contributions to the operation of overall funds for China Kingho Energy Group.
According to the current situations of financial management and in combination with the requirements on financial management of China Kingho Energy Group and the spirits of work summary conference of the Group for the first half year of 2012, Lv raised three specific requirements on the financial work for the second half year followed: First, further improve the style of work, improve working efficiency and eradicate the bad style of "waiting, seeing and depending on others". The financial chiefs at all levels should make themselves examples, build up the ideas of overall situations and service, perform their jobs in a practical and skillful manner and embrace various tasks with high responsibility. Second, make efforts to advance overall budget management. In order to ensure the completion of annual production and operation tasks, the implementation of budget responsibility target, especially of budget costs, should be focused on in the overall budget management. Third, keep active tracking and perform the job of financial guarantee for the realization of strategic goals of the Group; strive to perform financing work well and guarantee the demands of companies for production, operation and project construction; continue to make preperations for the implementation of NC audit system and submit quarterly statements according to the requirements of financial management of China Kingho Energy Group.
After the meeting, the Financial Affairs Department of the Group organized the corresponding business exchange symposium attended by relevant financial personnel. First, these personnel conducted serious discussions on the spirits of lecture made by Lv. Then, each audit entity carried out exchange in a focused way on specific business such as costs calculation, materials management and project construction. The financial personnel also carried out hot discussions and communications on the current problems in work and their ideas.