On New Year Eve, CCB chairman Guo Shuqing, president Zhang Jianguo and chairman of the board of supervisors Xie Duyang and other senior managers at CCB headquarters went separately to various headquarters departments and CCB branches to visit and convey their gratitude to all the employees who were busy with year-end settlement during the spring festival holidays.

At three in the afternoon, bracing against the chilly wind, Mr. Guo and vice president Chen Zuofu successively visited the Fucheng, Jinyuen and Haiding Wanliu sub-branches in Beijing and gave warm greetings to front-line employees who were unswervingly holding on to their posts in carrying out year-end settlement.  Mr. Guo asked about the situation in giving risk warnings in fund subscriptions and in the operating of self-service facilities.  In particular, he was interested in knowing the progress of work on giving risk reminders to customers.  He repeatedly stressed that, out of being responsible to customers, CCB employees should fully warn customers of all possible risks in market fluctuation, credit risk of the companies raising capital and operational risks that may exist at various stages of fund transaction.  Moreover, they should repeatedly publicise to customers in order that they understand all the risk involved in fund transactions.  He also discussed at length with front-line staff about CCB’s reform and development achievements in the last year.  He said that, in the last year, under the leadership of the Central Committee of the Communist Party of China and officials in the State Council, CCB had been conscientious in adopting a scientific development viewpoint and in implementing the state’s macro-economic control measures.  By embracing the operating concept of “focussing on customers” and by implementing structural reform, process reengineering and product innovation, by driving business transformation and the establishment of a sound motivation and restraining mechanism, CCB was able to achieve significant development in all its businesses.  As a result, it had gained strong operational momentum and substantial strengthening in service providing capabilities, risk control capabilities, profitability and integrated competitiveness.  In terms of market capitalisation, CCB is already among the 10 largest banks in the world and a truly large international bank.  It has won the approval and recognition from all quarters of society and from the domestic and international capital markets alike.  In other words, it has been able to show an outstanding report card to all its shareholders and customers.  Each of CCB’s achievement is a crystallisation of the contribution, sweat and toil of all its employees.  For this, he expressed on behalf of the Headquarters Party Committee, the Board of Directors and all senior staff their gratitude to the staff for carrying out their duties during the holiday season.

In the morning of the 31st, Mr. Zhang went to Tianjin Branch, listened in detail the scheduling of the year-end settlement work and gave his warm regards to all front-line employees engaged in year-end settlement.  He pointed out that, over the year, Tianjin Branch had worked hard in solving various problems arising out of its operations.  In particular, it had achieved spectacular results in expanding equity-debt business, in driving for business transformation and in enhancing asset quality, thus contributing its share to the overall development of CCB.  Mr. Zhang requested that, in the coming year, Tianjin Branch should make in-depth studies of the State’s macro-economic policies and should seize on the historic opportunity offered in the development and opening up of the Binhai New Area.  It should also better leverage its advantages in traditional business areas and adopt creative thinking and methods in meeting market demands and endeavour to exploit market opportunities and achieve even more brilliant business results.

At three in the afternoon, Mr. Xie Duyang and other colleagues came to CCB Headquarters and visited all the departments which were doing overtime work: the Operation Management Department, the Financial Market Department, the Information Centre, the Risk Monitoring Department, the Accounting Department, the Planning and Finance Department, the Security Department and the General Affairs Department.  He listened carefully about the work of these departments and gave full recognition to the results they had achieved in the past year.  He further encouraged them to maintain the existing good working momentum, seize on available opportunities, implement in detail the scientific viewpoint of development, further raise the standard of operational management, comprehensively enhance overall competence and contribute towards establishing a world-class commercial bank.

Mr. Zhao Lin and Mr. Luo Zuofu and other senior staff members also visited other Headquarters departments working overtime on year-end settlement duties: the Personal Finance Department, VIP Customer Department, Housing Financing and Personal Credit Department, International Business Department, Investment and Custodian Service Department, Corporate Business Department, Institution Business Department, Corporate Customer Department, the Beijing Data Centre of the Information Technology Department, Operational Management Department, etc.  They conveyed to the staff of these departments their season’s greetings, thanked them for their hard work over the year and encouraged them to continue to work hard to achieve excellent results.

In sending their regards to the staff, CCB senior management indicated that the reform and development of China’s financial system had already entered a new vital stage.  In the new year, CCB will adopt the spirits of the 17th National Congress in steadfastly bringing different types of work onto a scientific development track.  It will change its development pattern, adjust its business structure, fully implements operational transformation, continue to entrench internal reforms and tighten internal risk control.  By carrying out solid work, it will continuously enhance its core competence and facilitate a better and quicker development of the national economy through the provision of improved financial services, thereby contributing more to the construction of a moderately well-off society.