The third card of restructuring work between China Merchants Group and Sinotrans&CSC
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During November 4 to 5, 2017 local time, China Merchants Group(CMG) Chairman Li Jianhong oversees Sinotrans&CSC Qingshan Shipyard and Sinotrans&CSC, initiating the third step of restructuring work between CMG and Sinotrans&CSC. CMG Vice Chairman Zhao Huxiang presides Work Conference. Delegation includes Executive Vice President Wang Hong, Wang Cuijun and Director Sun Chengming.
Li Jianhong points out the general strategy of reinvigorating Sinotrans&CSC as follows, with revenues, profits, asset scale hitting record high in the recent three years in the first step and penetrating seven provinces as well as two municipalities riverside in the second step. "There will be a work team intended for the reorganization. More importantly, staffs are expected to taste fruits of Reform rather than bear costs." says Chairman Li.