On August 15, China Minmetals held a promotion meeting on the high-quality development of its financial business. Chen Dexin, Party Group Secretary and Chairman of China Minmetals, chaired the meeting and delivered a speech. Zhu Kebing, President and Deputy Party Group Secretary, made deployments for the high-quality development of the company’s financial business. Duan Wenwu, Party Group Member and Chief Accountant, interpreted the Guiding Opinions of China Minmetals Corporation on Promoting the High-Quality Development of its Financial Business. Members of China Minmetals’ leadership team and external directors attended the meeting. 

The meeting pointed out that it is essential to take President Xi Jinping’s important expositions on financial work as the fundamental guidance, firmly grasp the development direction of the financial business, consistently adhere to the “eight principles”, and continuously enhance the political, ideological, and operational consciousness to promote the high-quality development of the financial business. Serving the core business must be the primary goal, and the mission and positioning of the financial business must be upheld. It is crucial to correctly recognize that the financial business is a key force in building a modern industrial system, an indispensable pillar for building a strong country in the mining industry, and an important component of the integrated development of the entire metals and minerals industry chain. High-quality development should be the basic orientation. It is necessary to adhere to the requirements of endogenous financial development, pursue sustainable, high-value, and low-risk operational efficiency, and enhance growth potential by balancing support, restraint, and innovation. The value of development should be reflected through serving the core business, and the requirements of high-quality development must be fully embodied in the planning set for the 15th Five-Year Plan period. Improving the governance system and enhancing governance capabilities should be the key focus. This includes strengthening the governance and decision-making system where the “three meetings” (the Party Committee meeting, the board of directors’ meeting, and the board of supervisors’ meeting) work in synergy, establishing a “compliance-first” governance philosophy, and improving China Minmetals’ internal supervision system, taking various measures to solidify a development tone of seeking progress while maintaining stability. Party building must serve as the fundamental guarantee. This requires strengthening ideological and political work to leverage the advantages of being the “root” and “soul” of the enterprise, enhancing organizational construction to give full play to the roles of Party organizations and members, strengthening team building to lay a solid talent foundation for high-quality development, and compacting the political responsibility for Party governance, thereby leading and ensuring high-quality development through high-quality Party building. 

The meeting emphasized that “a plan is only ten percent of the work; its implementation is the other ninety percent”. All subsidiaries should take this meeting as a starting point, insist on implementing tasks with unwavering determination, swift action, a pragmatic approach, and the courage to deliver results. They must use the “certainty” of solid and practical work to address the various “uncertainties” in transformation and development, strive to write a “Minmetals chapter” in the high-quality development of the financial sector, and make greater contributions to accelerating China Minmetals’ journey toward building a world-class enterprise group with global competitiveness in the metals and minerals industry. 

The head of the Discipline Inspection and Supervision Team stationed at China Minmetals, along with heads of headquarters departments and finance-related enterprises, attended the meeting.