China: HongyunHonghe Holds Meeting on Management of Investment Diversification

HongyunHonghe Tobacco Group in southwest China’s tobacco-producing Yunnan Province – the largest Chinese tobacco manufacturer – recently held the 2014 working meeting on the management of investment diversification by the company, raising new requirement for the work of investment diversification over a future period of time.

China HongyunHonghe Holds Meeting on Management of Investment Diversification

The meeting conveyed the spirit of the 2014 national working meeting on investment diversification by the tobacco industry and the requirement of China Tobacco Yunnan Industrial Co., Ltd. for the work of investment diversification.

Speaking at the meeting, HongyunHonghe Deputy CEO Bi Fenglin put forward a two-point new requirement for the work of investment diversification by HongyunHonghe over a future period of time:

Firstly, it is imperative to further understand the pressure and situation faced by HongyunHonghe; to further understand the situation from the perspective of the global economic environment, the status quo of the domestic economy, the environment for development of the tobacco industry, the demand of consumers and requirement of China Tobacco Yunnan Industrial Co., Ltd. for the work of integration of investment diversification; and to actively support and participate in the work of integration of investment diversification.

And secondly, it is imperative to fully consider how to face up to the situation and pressure, straighten out the way of thinking by changing a mindset and changing a perspective, to keep improving management, to check the workflow, to regulate internal management, and to improve the overall quality of the workforce.

Also speaking at the meeting, Director Li Shishan of the Investment Diversification Management Department of HongyunHonghe said that in 2014, efforts should be made to enhance the hardware strength, the soft capacity of enterprises and the capacity of regulation over investment; to strengthen human resources development; and to increase harmony. Enditem