Return to shareholders

CAMCE values the return to shareholders and regards "return to shareholders" as one of its corporate manifestos. It clearly stipulates the basic principles, specific policies and review procedures for profit distribution in the Articles of Association. While maintaining consistent continuity and stability, the company's profit distribution policy also takes into account the company's long-term interests, the overall interests of all shareholders and the company's sustainable development.

Corporate governance

Since its listing, CAMCE has performed its official duties in strict accordance with the Company Law of the People's Republic of China", the Securities Law of the People's Republic of China as well as relevant laws and regulations of the China Securities Regulatory Commission (CSRC), continuously improved its legal person governance structure and pursued standardized corporate operations.

CAMCE has established a general meeting of shareholders, a board of directors and a board of supervisors. There are four special committees, namely, the strategy committee, audit committee, remuneration and appraisal committee, and nomination committee. In December 2019, CAMCE was granted the Excellent Board Award at the 15th Golden Round Table Forum of the Board of Directors of Chinese Listed Companies.

Information disclosure

CAMCE has disclosed various information in a truthful, accurate, prompt and complete way and ensured equal access of all shareholders according to relevant laws and regulations and the requirements of its Information Disclosure System. It has formulated the Information Disclosure System and Internal Reporting System for Major Information to stipulate the procedures for internal collection, sorting, summarization and reporting of major information of the company, standardize the drafting, review, notification and release procedures of regular reports and temporary announcements, and define the responsibilities and code of conduct of relevant internal departments during information disclosure.

Investors' relations

Attaching great importance to the management of investor relations for a long time, CAMCE has conscientiously done a good job in investor relations management in strict accordance with the requirements of the Investor Relations Management System, build various communication and interaction platforms for investors, and maximize corporate value and shareholder benefits through a series of activities such as receiving visits from investors, opening the feature of investor relations online, setting up the contact mailboxes for investors, providing investors’ contact number and holding performance briefings.

Maintain the order of industrial development

CAMCE has adhered to its consistent value proposition and mission as a central enterprise of abiding by business ethics, observing international conventions and relevant laws and regulations of various countries, and advocating a market order of fair competition. As the governing unit of China International Contractors Association (CHINCA) and China Chamber of Commerce for lmport and Export of Machinery and Electronic Products (CCCME), CAMCE has actively fulfilled its responsibilities as a director, and taken the initiative to offer suggestion on how to enhance the industry value.

Respect intellectual property

In 2019, CAMCE had paid patent annuities on time to maintain the validity of its intellectual property rights. CAMCE has included the intellectual property rights and confidentiality clauses in various contracts, fulfilling the responsibility of respecting and protecting intellectual property rights.

Independent innovation and technological progress

In 2019, CAMCE produced fruitful results in innovative technology. For example, it obtained eight invention patent authorization certificates, 82 utility model patent certificates, and 18 software copyrights.

Scientific supply chain management

Over the years, CAMCE has been paying close attention to and optimizing the supply chain operation process during project execution. The company has held the Partner Exchange Conference on "Joining Hands with CAMCE to Create a Better Future” for five consecutive years, with an aim to establish a good relationship with suppliers for best results.

Since 2011, CAMCE has implemented the project management information system across the board, and established a partner database to scientifically select partners through open, fair and impartial procurement management procedures, and conduct whole-process evaluation, monitoring and hierarchical management of partners so that the partners can participate in project cooperation on a fair and just basis, and the interests of partners and the company can be protected.

Implement the responsibility of satety production

CAMCE has firmly fostered the concept of safe development, put life and safety as top priority, and established a sound responsibility system and long-term mechanism for work safety to build a secure line of scientific management. It has started from "implementing safety and lean management and paying attention to employees’ occupational health” to ensure the safe and orderly development of various construction and production work.

In order to further strengthen the management responsibility of work safety, CAMCE has established a work safety responsibility system that is “vertical to the end and horizontal to the edge”. At the beginning of every year, the general managers of CAMCE will sign a Work Safety Responsibility Letter with senior executives, heads of the affiliated enterprises, department managers and project managers. By signing the Work Safety Responsibility Letter level by level, a top-down and employee-wide safety management organization has been established, clarifying the responsibility designated to each personnel.

Build harmonious communities and boost local development

To realize its important mission of fulfilling social responsibility and giving back to society, CAMCE has continued to implement localized operation, actively improved the construction of community infrastructure based on characteristics of the engineering industry, carry out public welfare activities in an innovative way, and participated in major social activities concerning national economy and people's livelihood.

CAMCE has attached great importance to community construction and the maintenance of the relationship with local communities, and won full trust and support from local communities and other relevant parties by providing medical and health services to the community, supporting the development of cultural, sports, education and other undertakings in the community, advancing infrastructure construction, recommending local employment, and promoting the development of the community where the project is located.

While devoted to creating high-quality and green projects, CAMCE has actively participated in various public welfare undertakings in the principle of mutual benefit and win-win cooperation, and provided selfless assistance in rescue and relief work, rural and educational support, social welfare and other fields, building up a good image at home and abroad.