ZHONG HE FINANCE COMPANY LIMITED

CNNC Finance Co., Ltd

Founded in 1997, CNFC is a non bank financial institution jointly funded by 32 shareholders including China National Nuclear Industry Corporation. By the end of 2008, the registered capital of the company was 1.256 billion yuan, the asset scale was 15.937 billion yuan, and the total profit in 2008 was 545 million yuan.

The financial company's 5c6s strategy began to be implemented in 2007, and the group company positioned the financial company as the "five centers" of the group with foresight. After several years, the settlement service center has played an extremely important role in the integrated management of the group's funds and the settlement work of the member units. The construction of the financing service center was fully launched in 2008 As a group, Huayun has brought huge profits; the construction of capital operation service center and consulting service center has also achieved initial results in this year; in order to strengthen the centralized financial management of the group and monitor financial risks, the financial company will spare no effort to build the "capital security service center" of the group in 2009, and the 6c6s strategy has become the new positioning of the financial company. The construction of financial company into the "six centers" of the group is an important deployment for the group to realize the "management leap", which is of great significance to the realization of the "3221" strategic goal of the group.

While boosting the development of the group, the company continues to fulfill its social responsibility as always, donating 6.1 million yuan to the group's special poverty relief fund in various forms, leading the long-term development of the company with a healthy and positive social image, and contributing to the construction of a harmonious group. Li Rongrong, director of the state owned assets supervision and Administration Commission, spoke highly of the achievements made by CNNC in the field of financial management at the recent meeting of central enterprise leaders: "CNNC has strengthened the centralized management and control of funds, raised development funds in various ways and channels, and further enhanced its ability to resist risks", and the financial management "has achieved remarkable results". in 2008, the company calmly coped with various uncertainties in the international and domestic economic and financial environment. According to the new financing mode of "group operation, professional operation and integrated management" and the cooperation mechanism of "Trinity and three-level linkage", under the tight monetary policy environment at that time, the company raised 11.8 billion yuan from the bank at the most favorable market interest rate, saving about 50 million yuan in financial expenses Under the tight national credit policy environment, the financial company has effectively met the capital demand of the group's industrial development. in 2008, the group company, as one of the first seven companies, was approved to issue medium-term notes. Later, the finance company, as a financial consultant, successfully completed two issues of medium-term notes totaling 3.6 billion yuan. In the organizational work of this issuance, the financial company has accumulated business experience, gradually improved its negotiation and bargaining power with financial intermediaries, laid a solid foundation for building the group's consulting service center, and fully reflected the professional experience and management level of the financial company as the only financial institution within the group. CNFC adheres to personnel training and team building, constantly creates a good practice environment, increases training expenditure, conducts periodic training and learning, and establishes an effective incentive mechanism to cultivate, attract and retain talents, which not only plays an important role in the company's stable operation and achievement, but also lays a foundation for its future development. The company has 53 employees, more than 50% of them have master's degree or above. at present, CNFC has ushered in new development opportunities. China has made a new strategic decision to accelerate the development of the nuclear industry. China's nuclear power and nuclear fuel industry has ushered in important development opportunities. Facing new challenges, CNFC will shoulder the historical mission of combining production with finance, strive to give play to the financial function of the financial company, and boost the realization of the group's strategic objectives.