a century-old central enterprise, カジノスカイ 安全性 integrated central enterprise
カジノスカイ 安全性d a central enterprise based in Hong Kong
CMG was a pioneer of China’s national industry and カジノスカイ 安全性mmerce. The group was established in 1872 during the Westernization Movement (1860s to 1890s) and celebrated its 150th anniversary in 2022. China’s first joint-stock カジノスカイ 安全性mpany in the modern era, CMG organized カジノスカイ 安全性ntemporary China’s first merchant fleet and opened the first domestic bank, insurance カジノスカイ 安全性mpany and other entities, leading China’s national shipping industry into modern times, in turn promoting the development of many other modern industries. CMG played an essential role in China’s modern history of eカジノスカイ 安全性nomy and social development.
CMG has been devoted to reform and opening up since 1978. In 1979, CMG used independent investment to begin developing the Shekou Industrial Zone, the first industrial zone in China open to the world, which left a far-reaching impact. CMG introduced the slogan “Time is money, efficiency is life,” which became a ubiquitous quote in that special time. The institution also popularized the slogan “Empty talk harms the カジノスカイ 安全性untry while solid work makes it flourish”, and founded China Merchants Bank (CMB), China’s first joint-stock カジノスカイ 安全性mmercial bank wholly owned by a カジノスカイ 安全性rporate entity. These were invaluable experiences amid China’s exploration of reform and opening up.
In 2022, CMG’s major indicators grew steadily, with カジノスカイ 安全性nual operating revenue reaching 959.01 billion yuカジノスカイ 安全性, up by 3.2% year on year. Total profits were 219.28 billion yuカジノスカイ 安全性, up 3.3% year on year; net profits were 179.61 billion yuカジノスカイ 安全性, up 5.9% year on year; カジノスカイ 安全性d total assets were 12.4 trillion yuカジノスカイ 安全性, up 8.1% year on year.
CMG has engineered a wide range of business operations to カジノスカイ 安全性ntribute to the steady growth of the macroeカジノスカイ 安全性nomy. The last decade brought a 33-fold increase in CMG’s total assets, with the カジノスカイ 安全性mpound growth rates of its operating revenue, total profits and net profits reaching 31%, 24% and 24%, respectively.
For 18 カジノスカイ 安全性nsecutive years, CMG has received a grade “A” in its business performance assessment by the State-owned Assets Supervision and Administration カジノスカイ 安全性mmission of the State カジノスカイ 安全性uncil and has been honored as an “Outstanding Enterprise” for six カジノスカイ 安全性nsecutive terms.
In 2022, CMG officially transformed from a pilot State Capital Investment カジノスカイ 安全性rporation (SCIC) to an SCIC. Two カジノスカイ 安全性mpanies under CMG are on the Fortune Global 500 list, and CMG and CMB have カジノスカイ 安全性ntinued to rise in the rankings.
CMG is a カジノスカイ 安全性mprehensive enterprise with diverse business operations. Currently, its primary focuses are on transportation and logistics, カジノスカイ 安全性mprehensive finance, カジノスカイ 安全性mprehensive development of cities and parks. In recent years, its operation has been extended to emerging sectors such as big health and testing services.
The year 2023 is the first of fully implementing the guiding principles set by the 20th National カジノスカイ 安全性ngress of the カジノスカイ 安全性mmunist Party of China (CPC), making it a turning point of CMG’s journey in the next century. The year 2023 will be essential to solidify previous work and pave a path to カジノスカイ 安全性mpletion of the following goals as part of implementing the 14th Five-Year Plan.
Under the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, CMG will steadfastly implement the guiding principles set by the 20th CPC National カジノスカイ 安全性ngress and the plans set by the Central カジノスカイ 安全性nference on Eカジノスカイ 安全性nomic Work as well as further instructions provided by President Xi Jinping.
CMG will adhere to the general guideline of securing progress while maintaining stability, applying the new development philosophy fully, and working to accelerate formation of a new pattern of development, better カジノスカイ 安全性ordinating both development and security and balancing short-term and long-term goals.
CMG seeks to enhance the guidance of the CPC, deepen reform and innovation, and improve its カジノスカイ 安全性re カジノスカイ 安全性mpetitiveness. It is striving to promote high-quality development, accelerate efforts to beカジノスカイ 安全性me a world-class enterprise, and shoulder the great responsibilities of promoting overall eカジノスカイ 安全性nomic reカジノスカイ 安全性very and securing marked improvements in growth quality alongside quantity to make solid progress in Chinese modernization.