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Problems rectification private cooperation. Group to further standardize and strengthen investment M \u0026 A project management, released 'Sinochem acquisition project management approach', 'Sinochem merger project due diligence Implementing Rules' and other systems, refine the target acquisition project selection, preliminary investigation, project approval, although adjusted valuation, investment decision, contract negotiations, settlement payments, integration of integration, archive summary, operation and evaluation of ten key aspects of the management and control requirements, while for due diligence work organization, agency hiring, method process, focusing content and risk points put forward specific requirements and guidance, strengthening the quality of investment and merger project preliminary work effectively identify and prevent investment risks. In addition, investment cooperation should strictly implement the 'triple a big' decisions system, improve the investment decisions of major demonstration, supervision and accountability mechanisms, and strengthen the private partner credit investigation, strengthen the supervision of private joint venture, to prevent the transfer of benefits and risks of corruption. Affiliated companies for a private tour feedback acquisition issues, the Group party attaches great importance to take a realistic approach, organized forces conducted a special investigation. According to 'Chinese Communist Party Disciplinary Regulations' and internal regulations, giving the company five people responsible party and government discipline, in which the group of leading Party cadres under 3 people. Party Group will continue to conduct a thorough investigation, found the transfer of benefits and other illegal activities, it will always be punished. For fuel oil trading subsidiaries accident, the group had already carried out the investigation and handling, giving the former general manager of the enterprise and the removal of the party a serious warning, administrative demerit, given the former chief financial officer administrative demotion, demoted and given to former deputy general manager administrative demerit. After the inspection feedback, the group re-investigation and verification. At present, the court ruling has been Division I in favor of the Group are fully recovered the remaining money to actively restore the loss of state assets. 2. With regard to traditional trade and real estate development in the rectification of irregularities none other issues. Traditional trading business problems, the company continued to promote the internal control system, strengthen comprehensive risk management, trade financing, carried out special clean-up work. Party group explicitly put forward 'three not allowed (ie, are not allowed to carry out financing through

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