SWS Chairman of Board, Mr. Wang Qi presented the “Work Report of the 23rd session of the 5th Board of Directors”, SWS President, Mr. Sheng Jigang presented the “Production and Operation Performance in 2015 and Report on Main Work Arrangements in 2016”, SWS Deputy Chief Econimist, Mr. Yuan Feipeng presented reports on financial works including <Final Financial Report in 2015 and Compiling Report on Financial Budget in 2016>.
It was agreed on the meeting that SWS maintained continuous steady development last year through joint efforts from all SWS staff under the correct leadership of CSSC, CSIC and SWS Board of Directors, the meticulous organization of SWS Top Management. SWS Board of Directors laid hopes on the Top Management that the latter should lead all SWS staff, guided by ”Four Consciousness” and “Five Ideas of Development”, to earnestly implement the spirit of CSSC annual working meeting; strengthen innovation-driven, talentsdriven, capital-driven and reform-driven; maintain steady growing momentum and make more contribution to the realization of SWS’ planning goal in the 13th-five-year period. The “Decision on Profit Distribution” and the “Decision on Financial Activities” were approved in the meeting. On the same day, SWS held her 10th session of the 5th Supervisory Board Meeting. All supervisors unanimously reviewed, approved and signed the “Decision of the 10th session of the 5th Supervisory Board Meeting”in the meeting.
Same day in the afternoon, SCH held 2016 annual Shareholders’ General Meeting, the 6th session of the 5th Board of Directors’ Meeting and the 4th session of the 4th Supervisory Board Meeting. The meeting also reviewed and approved decisions as “Decision of the 6th session of the 4th Board of Directors’ Meeting”, “Decision of Exchange Rate Risk Avoidance”, “Decision of the 4th session of the 4th Supervisory Board Meeting” and “Decision of the 2016ly Shareholders’ General Meeting”. Several members in Board of Directors and Supervisory Board were transferred. To be more specific, Mr. Sheng Jigang was appointed as President of SCH and Mr. Xu Ping was elected as the Chairman of Supervisory Board at SCH.
