On October 26, the fifth meeting of the third board of directors of China State Construction Co., Ltd. was held in Beijing. Zheng Xuexuan, director and president of the company, presided over the meeting, and director Zhang Zhaoxiang and independent directors Xu Wenrong, Jia Chen, Sun Chengming and Li Ping attended the meeting. Zhao Zhao, head of the discipline inspection and supervision team of the group, Xue Keqing, secretary of the board of directors of the company, Shi Zhiping, chairman of the board of supervisors, and Zhang Yi, assistant president and general counsel, attended the meeting as observers.
The meeting deliberated and passed 10 proposals such as the "2021 Third Quarter Report", "2021 Third Quarter Financial Analysis Report" and "Rules of Procedure of the Board of Directors" of China State Construction Co., Ltd. The directors fully discussed the proposal and fully affirmed the current management results. The meeting held that the company focused on the annual work plan in the first three quarters, focused on the strategic goal of "one creation and five strong", deeply implemented the "166" strategic initiative, insisted on promoting high-quality development, and promoted the solid and orderly advancement of various work, and the overall operation of the company was stable and maintained a good development trend. At the same time, since the beginning of this year, in accordance with the overall requirements of "the board of directors sets the strategy, makes decisions, prevents risks, and the managers seek to operate, grasp the implementation, and strengthen management", the board of directors governance system has been comprehensively sorted out, the current company management system has been improved and improved, and the construction of a modern enterprise system with Chinese characteristics has been accelerated to provide institutional guarantees for the company's high-quality development.
The meeting pointed out that the first three quarters of the company showed steady progress in operating performance, steady improvement in the quality of development, resolute and powerful service to the overall situation, accelerated implementation of reform actions, scientific and technological innovation to bear fruit, significant advantages in the main business, and green development layout of the business characteristics. In the first three quarters, China State Construction signed a new contract amount of 2,452.8 billion yuan, an increase of 10.1% year-on-year; achieved operating income of 1,337 billion yuan, an increase of 24.2% year-on-year; and achieved a net profit attributable to shareholders of listed companies of 37.83 billion yuan, an increase of 21.5% year-on-year. At the same time, the board of directors requires the company's managers to carefully study the market situation, strengthen the "two gold" pressure drop, continue to improve the company's operating cash flow, effectively prevent operational risks, and return investors with excellent performance.
The relevant responsible persons of the company's board of directors office, group office, corporate planning and management department, human resources department, finance department, legal affairs department and audit department attended the meeting as observers. (Contributed by Corporate Culture Department, Board Office)