New Year's Address
Colleagues:
Hello everyone!
Time flies, and the year changes.
With the New Year's bells, we bid farewell to 2019 and look forward to the brand new 2020. On this occasion of the New Year, on behalf of China Zhongji Investment, I sincerely wish you all a happy New Year, good health, and happiness for your families.
“History always gives people the strength to draw wisdom and move forward in some special years.” Looking back at the bittersweet 2019 and welcoming the hopeful 2020, how much emotion is in my heart, how much pride is in my chest!
In the past year, the Sino-US trade friction has been tortuous, the financial market has fluctuated, the world economy has become more turbulent, and the external environment has become increasingly uncertain; domestically, the impact of the "three overlapping periods" has continued, and cyclical, structural, and systemic problems are intertwined.
Dale Carnegie said: "If you want to do well, you will do well!" Under such circumstances, the company's management has fully implemented the cautious and positive policy formulated at the beginning of the year, continuing to take "stability" as the general tone, grasping the rhythm, strictly controlling risks, and at the same time taking positive actions, seeking progress while maintaining stability. We actively and cautiously carried out new project investments. In 2019, on the premise of improving risk control standards, the company continued to invest in debt and equity projects, with a total of 34 projects; 16 debt projects and 18 equity projects. Against the backdrop of the overall economic downturn and tightening financing environment this year, there have been good investment opportunities in non-performing assets and high-yield bonds. The company seized this opportunity and made timely investments in these two areas. We increased our financing efforts, broadened institutional financing, and took stability and compliance as the company's primary operating principles. By establishing and implementing a partnership system, improving the assessment system, and strengthening corporate culture building, the company's overall image has greatly improved compared to last year, and the values of all employees have become increasingly unified.
Difficulties and hardships forge success. All employees of the company, upholding the concept of "integrity, diligence, tolerance, and win-win," have worked diligently and forged ahead, creating excellence with their spirit and actions. Here, I would like to sincerely thank you for your hard work and express my gratitude!
"The waves are rougher in the middle of the river, and the road is steeper halfway up the mountain." After three years of tempering, Zhongji has gradually matured and formed its own investment style. In the company's work in 2020, we should still adhere to the principle of being both positive and cautious. On the one hand, we should take action and be proactive, and on the other hand, we must always pay attention to risk control and avoid major operational risks.
Our original aspiration remains unchanged, and our mission remains unwavering.
In the new year, the company will continue to combine its judgment of the macroeconomic situation and actively and cautiously carry out investment business, further focusing on investment areas and focusing on areas where the company has relative expertise. We will continue to take active measures to optimize asset allocation and accelerate the full implementation of non-performing asset business and high-yield debt business.
In the new year, the company will optimize asset allocation, increase business categories, actively expand financing channels, and strengthen institutional financing. We will continue to strengthen comprehensive risk management improvement work, continue to improve management levels, improve various rules and regulations, optimize management processes, and ensure that the company operates smoothly, efficiently, orderly, and compliantly.
In the new year, the company will focus on strengthening corporate culture building, further establishing the core values of "integrity, diligence, and benevolence, openness, inclusiveness, win-win, and steady progress." At the same time, we will further improve the incentive mechanism and enhance the team's cohesion, centripetal force, and creativity.
Standing at this point, looking back at the past 2019, we can't help but exclaim, "Everything that has passed is a prelude"; standing at this point, looking forward to the brand new 2020, we naturally feel the spirit of "embracing the present and looking forward to the future." We keep our beliefs in mind, our passion is as strong as ever, let us create new achievements with new responsibilities and new actions. Let us work together as fighters who forge ahead through storms and dream chasers who bravely move forward!
In 2020, we will walk hand in hand with hope!
President of China Zhongji Investment Wen Yuanhua
January 1, 2020
