From August 27 to 29, 2008 Beijing Automotive Holding Company held the annual financial conference in the suburb of Beijing Shunyi. Board chairman of the company delivered the speech and about 70 executive leaders and financial staff participated in the meeting.

    The main purpose of this meeting centered around the Development of Beijing Automotive Group and the target for the next step in system-wide implementation of a comprehensive budget management and centralized management of funds, which are fully prepared in order to gradually establish a group-based financial system and adapt to the development of group.

    Beijing Automotive Group has the following specific ideas and practices in the establishment of the financial system.

    The first, establish a perfect financial system.

    The second, make the scientific financial analysis.

    The third, implement a comprehensive budget management.

    The fourth, implement centralized management of funds.