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2024-10-23

“Strengthening Internal Control and Risk Prevention” Empowerment Training Successfully Concluded

In response to the national initiative to strengthen internal control supervision of listed companies year by year, and to improve the company’s internal control management and business capabilities while ensuring healthy and high-quality development, from October 15 to 18, the company’s Internal Control and Risk Department organized a four-day “Strengthening Internal Control and Risk Prevention” empowerment training in Xi’an. Nineteen colleagues from the internal control and audit lines of the group participated through thematic lectures, study visits, and discussion sessions. Ms. Sun Xiaohong, the company’s Vice President, attended the opening ceremony and delivered a speech on the importance of the training, while also setting four requirements for participants: align thinking, actively participate, apply learning, and provide constructive suggestions.

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The training invited multiple experts and instructors from academia, industry, and leading benchmark enterprises to provide in-depth lectures and case sharing. Professor Wang Xiaogeng, a specially appointed lecturer of the International Chief Risk Officer Association and a specialist at Cambridge University’s China Leadership Training Center, interpreted “China’s Internal Control Supervision Policies and Latest Developments,” providing a comprehensive analysis of the current regulatory landscape. Dr. Yu Shiyong, a visiting lecturer at Central University of Finance and Economics, delivered a session on “Building an Enterprise Internal Control System from 0 to 1,” systematically explaining the key steps and methods for establishing an internal control system from scratch. Mr. Xiong Ying, former Risk & Internal Control Manager of a subsidiary of China Sinochem Group and Senior Manager at Lixin Certified Public Accountants LLP Shenzhen Branch, taught “Managing Operations and Controlling Risks — Integration of Risk, Internal Control, and Compliance with Case Analysis,” engaging participants in deep interactive discussions to reinforce practical application of theoretical knowledge. Mr. Dai Zhijiang, recognized as one of China’s top ten mentoring entrepreneurs and a specially appointed expert by the Ministry of Human Resources and Social Security, shared “Core Competency Enhancement and Training for Internal Control Personnel,” empowering internal control staff in role positioning, responsibilities, and effective execution of internal control work. Mr. Cao Xusheng, Director of the Mineral Resources Department at Beijing Jingshi Law Firm and Master’s supervisor in law at China University of Geosciences, provided specialized training on “Six Major Compliance Risks in Mining Enterprises,” offering highly valuable professional guidance to participants.

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During the training, all participants were invited to visit Shaanxi Blower (Group) Co., Ltd. The visit covered the company’s development and transformation history, party-building culture, and ESG initiatives. Following the tour, Mr. Shi Guoqiang, Chief Auditor of Shaanxi Blower Group, gave an insightful presentation on the establishment and improvement of the company’s internal control system and provided detailed answers to questions raised by the training participants.

At the conclusion of the training, Ms. Sun Xiaohong, Vice President of the company, presented awards to the outstanding groups of the training, while Mr. Gu Wentao, Senior Consulting Advisor, awarded completion certificates to representatives of each group.

This training not only provided abundant theoretical knowledge but also emphasized practical skill development and experience sharing. It significantly enhanced the professional capabilities of the internal control and risk department, cultivated a group of highly skilled internal control professionals, laid a solid foundation for the company’s sustainable development, and injected greater confidence and vitality into the company’s long-term growth.

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