On November 18, the Company held the Annual Comprehensive Budget Kick-off Meeting of 2015. More than 30 people attended the Meeting, including senior management and department managers. First, the Finance Department introduced the comprehensive budget performance of 2014 and the annual budgeting of 2015 and determined relevant responsible persons. Some attendees had a discussion about the existing problems and reached a consensus. Then, Hua Lanzhen, Vice-president & Chief Financial Officer, looked back the operating conditions of 2014, analyzed the shortcomings based on the actual situation and put forward specific requirements for budgeting of 2015. Lastly, Peng Wencheng, President, recognized the comprehensive budgeting of 2014 and suggested that budget management in the future should be more reasonable, practical and effective, so as to maintain good budget management.