Lu Zhengda, Deputy Director of the Provincial State-owned Assets Supervision and Administration Commission, and his party came to Xinhua to conduct a special investigation

       In order to comprehensively strengthen enterprise risk management and control, and at the same time promote the strengthening of the steel extension processing industry chain, on the afternoon of July 9, 2020, Lu Zhengda, deputy director of the Provincial State-owned Assets Supervision and Administration Commission, accompanied by Fu Shuguang, deputy general manager of Xingang Group Corporation, came to Xinhua Company on-site investigation.

       Ding Laian, the general manager of the company, introduced the operation and management of Xinhua Company over the years, and reported in detail the comprehensive investigation of operational risks, financial risks, trade risks, and legal risks this year. After listening to the report, Lu Zhengda, deputy director of the Provincial State-owned Assets Supervision and Administration Commission, came to the company's production workshop to understand the company's production situation under the normalization of epidemic prevention and control. When he learned that the company did not relax its efforts to prevent and control the epidemic in the first half of the year, it also focused on resumption of work and production to make up for the debt. After achieving a better situation of "the epidemic is under control, production is stable, and efficiency is up to standard", he fully affirmed that the cadre and staff of Xinhua Company is a team full of combat effectiveness and capable of winning battles.

       Regarding the overall risk management work, Lu Zhengda pointed out that Xinhua Company has a good tradition of operating in accordance with the law and prudent operation. Especially in recent years, when the company's efficiency has been continuously improved, it has always kept in mind that business risks are always present and ubiquitous. The risk management system has been continuously improved, various risks of the enterprise have been checked and properly handled in a timely manner, and the risk management work has achieved preliminary results, laying a solid management foundation for the sustainable and healthy development of Xinhua Company.