CR Ranks Sixth in 2013 State Enterprise Operation Performance Evaluation
2014-07-23,CR Financial Department

The SASAC recently announced the result of 2013 State Enterprise Operation Performance Evaluation, pointing out that performance evaluations of enterprise heads of 46 central enterprises including CR were ranked A level and CR was ranked 6th. Since the year 2005, CR has been successively awarded as the A-class enterprise in 9 years.

Under the background of slowing-down macroeconomic development environment, CR takes “keeping growth” and “improving development quality and performance” as the top priority. A variety of effective methods were taken according to the annual work subjects, so as to overcome challenges brought about by the macro-economy’s second growth. The overall performance of CR is favorable and the major business operation is developing steadily with continually improving quality.

According to the Interim Measures on the Performance Evaluation of Person in Charge of the Central Enterprises implemented on January 1, 2003 and centering on the general thought about performance evaluation by SASAC, CR has made rewarding attempts in the aspect of VM (value management) practice. In this process, CR paid close attention to the CR value and management during the business development pushed by business unit; CR further carried out lean management, improved development of intension type and supported strategic implementation and the achievement of performance; by seizing the pace of investment and by allocating the resources centering on the group’s major business, the CR has created core competitive advantages. Besides, CR has continually improved the establishment of the appraisal system for the entire personnel and strengthened the internal control management and the establishment of internal control system, continuously improved the technological innovation and strictly controlled production safety, energy conservation and emission reduction, successfully hitting the target of 2013 performance evaluation.