Wang Liping: A main diversified cooperative development

At the same time, Wang Liping, a listed company and chairman of the group, attaches great importance to the high quality financing platform of Jizhong Energy (000937) in an interview with the China Securities newspaper, he pointed out that under the diversified strategic layout of the group, the coal industry of Jizhong Energy will form a benign interaction and cooperative development with the diversified investment industries of the group.　　A major diversified cooperative development China Securities Daily: Please introduce the industry actuality and development goal of Hebei Energy group. Wang Liping: At present, in Hebei, Shanxi, Inner Mongolia and other provinces, the Hebei-China Energy Group has formed a coal-core industry, bio-medicine, aviation, coal electrification, chemical industry, equipment manufacturing, modern logistics to support the industry's cross-regional, Cross-industry diversified development pattern, the total assets of 70.3 billion yuan, Coal resources reserves 26 billion tons. 2010, the group coal production will exceed 60 million tons, sales revenue than the original planning target five years ahead of 100 billion yuan.　　To "Twelve-Five" at the end, will be built capacity billion tons of large-scale energy enterprise groups, sales revenue breakthrough 200 billion yuan, into the world's 500 strong.　　China Securities newspaper: in the strategic layout of "one main diversity", how will the relevant diversified industries develop? Wang Liping: Non-coal industry is an important force to support the company's diversified development and enhance its comprehensive competitiveness and ability to resist risks.　　In the face of the severe impact of the international financial crisis, Hebei-China Energy Corporation firmly grasped the policy opportunity of growth, independently developed and popularized a large number of advanced and applicable scientific and technological achievements, completed and put into production a group of large-scale projects supporting the future development of enterprises, good projects, significantly enhance the overall management level and core In order to speed up the development of the non coal industry, the next step of the non-coal enterprises will be around the structure, transfer mode of this theme, fully tap the capacity potential. Taurus Chemical industry should be focused on doing fine PVC main business, timely start 400,000 tons of construction projects, and actively extend the relevant industrial chain; Cement plant to further adjust the product structure, and strive to build well-known brands of eco-cement, improve the regional market competitiveness; fiberglass company to achieve the year 60,000 tons of goals　　At the same time, we should gradually build a regional modern logistics center, which is based on internal logistics, with the focus of Bohai new area and regional distribution.　　Control the risk of the main business China Securities newspaper: You think that enterprises in the scale of expanding, at the same time, how to ensure smooth and rapid development of enterprises?　　Wang Liping: It should be said that there are two aspects to ensure smooth and rapid development of enterprises.　　First, always adhere to the "shareholder benefits first" purpose, in the formulation of development strategy and business decision-making, to ensure the fundamental interests of shareholders as the starting point, fully demonstrated, prudent decision-making, to ensure the smooth and rapid development of the company. Second, take various measures to control the operational risks. With the continuous development and development of the company and the complex and changeable environment, the risk in the process of control and management development is the key to keep the company steady and rapid development. Therefore, the company in the risk control, on the one hand, constantly strengthen internal control system construction, improve the internal controls mechanism, as far as possible to reduce the company's operating risk;On the one hand, strengthen investment risk control, in the project selection, from the relevance of the main industry, profitability, investment and other aspects of in-depth and prudent analysis and demonstration, in order to improve the return on investment, to ensure the safe and stable capital chain operation. China Securities Daily: The total cash dividend of the company in recent three years accounted for 44.31% of the recent annual net profit.　　What is the reason for the company's high cash return? Wang Liping: Let the shareholder share the benefit that the company manages to develop, it is the important idea that Hebei and China Energy has always adhered to. Companies according to performance levels and business needs, adhere to the annual dividend to shareholders, which has become part of the company's corporate culture. In the future, will continue to enhance the company's business development capabilities, for shareholders to create a sustained and stable return.