1.2.4 The financial management system
Financial Management contents from the respective of the group are to influence the decision-making of the company's development strategy, financial targets, auditing and supervision as well as other aspects of personnel management and control of the production and operation and asset management of the member units; the corporation in the formulation of development strategies, structural adjustment, coordination interests play a leading role as the decision-making center of the company on major issues of investment, financing and so on.1.2.5 Management activities hierarchical
The group company is under the financial sector and the financial sector units, respectively, at different levels of management, with different management rights. At the same time, there are higher levels of financial management and oversight of the financial management department subordinate, control, in a vertical power structure, from top to bottom layers of monitoring, reporting reflects the bottom-up layers, forming a system of financial management pattern.1.2.6 Diversity of markets
In the field of diversified business group with deep pockets subjective conditions, commonly used by diversified investment management strategy, focusing on product serialization and diversified industries, through a variety of fields to enter the market economy, in the development of the ability to enhance its competitiveness at the same time, improve the ability to withstand various market risks, which can accelerate the expansion of the group's capital and capital gains rate.
1.3 The current situation of financial management for the group company
The current situation of the company management is under a market economy environment, the success or failure of the company depends largely on the Group's management. However, financial management is the central link in enterprise management. Currently, due to many factors, the level of financial management of the company is out of the performance.
1.3.1Current management deficiencies
Group is huge lineup of the companies. In addition, its internal enterprises have opened accounts in different banks, and some companies have multiple accounts, so that the entire group of cash flow cannot be controlled. It is difficult to make regulations on the cash flow , cannot play centralization and decentralization over coexist, the main risk is the lack of excessive centralization initiative on subsidiaries, motivation, loss of vitality; the main risk is that they will make exce
