Preservation of value and strategy
The Company is China’s largest conglomerate. Our businesses extend globally covering sectors such as financial services, resources and energy, manufacturing, engineering contracting, real estate and other businesses in China and overseas. When we analyse a business, we look at its market position, competitiveness, future prospects and our desire to influence its management.
With a strategy that is aligned with the ongoing reform in China and opening up of the economy, the Company has achieved a strong financial track record over the years. Many of our businesses enjoy leading market positions in their respective fields in China.
Going forward, the Group will continue to take a prudent and strategic approach in developing our businesses, riding on our professional management team, strong capital base, diverse business interests and synergies with our assets. Our expectation is that our businesses will generate a return on capital invested above the cost of our capital and generate cash flow to the benefit of the Company and its shareholders. By pursuing this strategy, the Company expects to generate and preserve value for all its shareholders.