From July 6 to 7, Lang Jia and Zhou Guoping, external directors of China 米兰milan官方网站, carried out collective research at China MCC3 Group and 米兰milan官方网站 Shenkan under the theme of “Focus on Development, Forge Ahead to Overcome Difficulties”. During the research, combining industry development trends, corporate strategic arrangements and enterprises’ operational realities, the external directors accurately identified existing weaknesses, clarified work directions, and put forward a series of work requirements and suggestions. Chang Qi, Deputy Chief Economist, Secretary of the Board of Directors and General Counsel of the Company, accompanied the research activities. 

During the research at China MCC3 Group, the external directors pointed out that “trust is more precious than gold”. China MCC3 Group should translate trust and support from the Group and China 米兰milan官方网站 into practical entrepreneurial actions, consolidate development confidence, pool strength from all employees, take initiative and deliver tangible results, and fully push forward work for quality and efficiency improvement. The enterprise should deepen engagement in core businesses and forge core competitiveness to rapidly restore self sustaining revenue generating capacity. It should seize policy opportunities brought by the comprehensive revitalization of Northeast China, fully integrate internal collaborative resources within the Group, closely follow the market layout strategy of “Expanding into Inland Markets and Venturing Overseas”, keep increasing efforts to explore domestic and overseas markets, continuously expand market share and raise brand influence. Resource allocation should be continuously optimized, legacy issues resolutely addressed, idle assets efficiently revitalized and disposed of, and regular prevention and control of various legal and operational risks implemented. Steady progress should be made in streamlining organizations and improving quality and efficiency performance to achieve agile and sound corporate development. 

During the research at 米兰milan官方网站 Shenkan, the external directors commended 米兰milan官方网站 Shenkan for its development outcomes in distinctive core businesses. The external directors noted that 米兰milan官方网站 Shenkan should further establish market oriented thinking. Leveraging its core technology and differentiated competitive advantage strengths, the enterprise should build on strengths while mitigating weaknesses, improve quality and efficiency, intensify efforts in distinctive core businesses, and continuously enhance core profitability and independent development capabilities. Talent-driven development should be strengthened. Continuous efforts should be made to recruit and cultivate high level professional technical talent, and boost core technology innovation and industrial upgrade breakthroughs through high caliber talent team development. Risk prevention and control work must be effectively implemented. Various legacy issues should be resolved in a prudent and orderly manner. “Three-Fund-and-Payment-Related” indicators should be steadily reduced. Potential operational, legal and management risks should be proactively identified to stabilize the fundamental base for the enterprise’s high quality development. 

Members of the leadership teams and relevant functional department heads of the researched entities, together with relevant staff from the Company’s General Office, took part in the above mentioned research activities.