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The audit work of central enterprises ended. Minmetals Group was named for rectification.
Release time:
2017-08-16 13:43
Source:
The scale and intensity of the audit of central enterprises in history has ended. Unlike the previous audit of about 10 central enterprises each year, the number of enterprises audited this year has doubled to 20, mainly involving resources and energy, manufacturing, trade and investment, construction and other industries. Among them, China's largest metal mining enterprise, China Minmetals Corporation, has 30 problems with the name of the audit office.
On June 23, the official website of the National Audit Office released an announcement on the audit results of the financial revenue and expenditure of 20 enterprises in 2015. The relevant person in charge of the National Audit Office pointed out that while the audit affirmed the achievements of 20 companies, it also found that the companies are in financial management and accounting, the implementation of major national policies and measures, major decisions and internal management, and the implementation of the spirit of the eight central regulations. There are still some problems in the regulations on honest employment, and targeted audit recommendations are put forward. In response to a reporter's question, the person in charge of the relevant department of the National Audit Office said that in response to the problems found, 20 central enterprises increased revenue and saved expenditures and recovered losses of 0.69 billion yuan, established and improved 651 rules and regulations, and dealt with 309 people.
The National Audit Office pointed out that in the audit of Minmetals Group, including financial accounting management, implementation of major national policies and measures, major corporate decisions and internal management, the group has a total of 30 major problems. Minmetals Group's official website announced on the same day that up to now, the problems reported have been rectified in accordance with the requirements of the National Audit Office, and a total of 28 people have been dealt.
The National Audit Office pointed out that in terms of major decision-making and internal management, Minmetals Group has the problem of weak overseas investment risk control. From 2007 to 2012, the group acquired three overseas projects under the condition of insufficient feasibility demonstration, involving an amount of 9.304 billion yuan, and made an impairment provision of 4.171 billion yuan at the end of 2015. Minmetals Group responded that in accordance with the principles of review and reform, review and reform, the group has further optimized and adjusted the development and utilization plan of related projects. Up to now, the construction of the project has been smooth, and it is expected to be completed and put into operation in the first quarter of 2018 on schedule and the first batch of concentrates will be shipped for sale. The other two projects are both green space projects. At this stage, the group has clearly listed one of them as a resource strategic reserve project and one to be withdrawn.
Hu Zejun, Auditor General of the National Audit Office, said in his annual audit work report to the 28th meeting of the Standing Committee of the 12th National People's Congress that the investment and operation risk control of some enterprises is still relatively weak. When the National Audit Office spot-checked 155 overseas businesses of 20 enterprises, it was found that 61 projects had a risk of 38.491 billion yuan due to imperfect investment decision-making and management systems, inadequate research and demonstration, and inadequate risk response. Among the 20 central enterprises audited, in addition to Minmetals Group, at least 11 central enterprises generally have overseas investment risks.
Minmetals Group was established in April 1950 with a registered capital of 7.85 billion billion yuan. It has 21 wholly-owned and holding secondary subsidiaries, mainly engaged in the development and utilization of metals and mineral products, technology research and development, engineering design and related services, and metal and mineral products. Trade and logistics, as well as real estate development, futures, financial business, etc. In 2016, after the completion of the reorganization of China Metallurgical Group, Minmetals Group Mining has become China's metal mining enterprise group and a global metallurgical construction and operation service provider, with assets of more than 700 billion yuan and 200000 employees.
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