July 20, 2015 midyear production and operation work meeting was held in SINOMA, Mr. Liu Zhijiang, Chairman of SINOMA, made an important speech at the meeting, Mr. Yu Shiliang, party secretary of SINOMA, chaired the meeting, and Mr. Li Xinhua, general manager of SINOMA, presented production and operation work reports. The meeting summarized production and operation work in the first half year of 2015, and arranged the work in the second half year.

Mr. Liu Zhijiang pointed out that during the first half of this year, the affiliated units adopted various measures, actively resisted the negative influence of economic turndown risk, and achieved the "steady growth, transfer mode, adjust structure" goals. When mentioned the second half year work, Mr. Liu claimed that, SINOMA should insisting on maintaining stability, intensify reform, strengthening innovation driven, promoting the transformation and upgrading of industrial structure adjustment, to ensure complete the steady growth goals, and promoting the work to a new level. In addition, Mr. Liu especially emphasized the safety in production, resolutely prevent and curb all kinds of accidents.

Mr. Li Xinhua claimed the following five points in work report: First, increasing revenue and reducing expenditure in order to maintain growth. Second, clean up the occupied "two funds". Third, liquidating inefficient asset. Fourth, strictly controlling operational risks. Fifth, strengthen cash flow management and control.

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