At the mid-year work conference held by China Xinda, the company reviewed and summarized the work in the first half of the year, analyzed the opportunities and challenges, and deployed the key work in the second half of the year. Zhang Weidong, Party Secretary and Chairman of China Cinda, attended the meeting and delivered a speech. Liang Qiang, Deputy Secretary of the Party Committee and President, reported the operation.

The reporter noted that in view of the development direction in the second half of the year, the meeting mentioned that China Cinda will persist in focusing on its main business, take prevention and control of financial risks as the main force, help the development of strategic emerging industries and deepen the reform of state-owned enterprises, actively and steadily participate in the real estate market, local bonds, small and medium-sized financial institutions and other key areas to prevent and resolve risks and enhance confidence in transformation and development.

The meeting pointed out that 2023 is a crucial year for the full implementation of China Cinda's three-year action plan for high-quality development and the "three five-year plans". According to the "five better master plans" and "eight aspects of work" determined at the beginning of the year, we should focus on the following management work.

First, enhance positioning, focus on the main business and actively promote high-quality development. Adhere to the main position of non-performing assets, deepen key areas such as energy, real estate, high and new technology, central state-owned enterprises, promote customer marketing and ecological circle construction, carry out in-depth capacity improvement projects for young employees, and promote the differentiated development of subsidiaries.

The second is to take responsibility, gather strength and consolidate the quality of the company's assets. Persevere in resolving stock risks, do a good job in risk prevention and control, strengthen access management, improve project quality and efficiency, enhance the effectiveness of post-investment management, and comprehensively strengthen the group's risk management and control.

Third, efficient overall planning, taking multiple measures at the same time, and accelerating the revitalization of existing assets. Improve the efficiency of aging assets disposal, promote the disposal of equity assets, and strengthen the management of debt-paying assets.

Fourth, consolidate advantages, improve efficiency and continuously promote health. Continue to do a good job in liquidity management, improve the quality and efficiency of internal control and compliance management, and strengthen the refined management of the Group.