China Automation Group Interim Operation Conference 2013 Successfully Held in Beijing

15 July 2013

2013 China Automation Group (the "Group") Interim Operation Conference was held at the Group's headquarters recently. The conference saw the attendance of Mr. Xuan Rui Guo, Executive Director and Chairman, Mr. Huang Zhi Yong, Executive Director and President, Mr. Cui Da Chao, Chief Financial Officer, Mr. Zhou Zheng Qiang, Senior Vice President, Mr. Li Hai Tao, Head of Strategic Development, Mr. Duan Min, Vice President, as well as management of the Group's subsidiaries.

Focused on group management and internal control, the meeting gave a conclusion on the operation situation of each subsidiary in the first half of 2013, laying a foundation for the smooth operation of the second half.

Chairman Xuan said, "The group's operation system should be strengthened, shifting from financially integrated operation to fully integrated operation." Apart from being a listed entity for brand building in capital market, the Group should also be a platform for business operation and provide its subsidiaries with resources including capital, market, talents, law and finance, thus accelerating the healthy development of its subsidiaries and improving the overall efficiency of the Group. The concept of high quality, sustainable and strategic development should be fully implemented, bringing the Group's operation management to a new horizon.

By implementing integrated operation system and standardized management on the subsidiaries, the Group's internal management and risk control process will be strengthened to mitigate risks and optimize management, thus opening up a new chapter for the Group's control and management.



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