Zhejiang Engineering Design Co., Ltd. is committed to providing clients with distinctive value-added services.
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AboutZhejiang Engineering Design Co., Ltd. (abbreviated as ZEDC in English) was established in 1958, originally known as the Design Department of Quzhou Chemical Plant.
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BlogZhejiang Engineering Design Co., Ltd. (abbreviated as ZEDC in English) was established in 1958, originally known as the Design Department of Quzhou Chemical Plant.
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ResearchThe “ZEDC Chemical Engineering Design Innovation Base” of Zhejiang University is a industry–university–research collaboration institution established through a donation from Zhejiang Engineering Design Co., Ltd. to the Zhejiang University Education Foundation.
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Pan Xiaobo, Chairman of the Supervisory Board dispatched by a provincial state-owned enterprise, led a team to conduct an inspection of the Zhejiang Academy of Engineering’s management of operational risk controls.
Release time:
2017-08-04
On the afternoon of August 3, 2017, Pan Xiaobo, Chairman of the Provincial State‑Owned Enterprises’ External Supervisory Board, led a team to conduct an inspection of the Zhejiang Engineering Institute’s management of operational risk control. Hu Bin, Secretary of the Discipline Inspection Commission of Juhua Group Co., Ltd., along with Zhang Chun, a member of the External Supervisory Board, and two other officials, accompanied the inspection. Key leaders of the Zhejiang Engineering Institute, as well as heads of the Discipline Inspection Commission, Finance Department, and General Office, attended the meeting.
At the meeting, Zhu Yueting, General Manager of Zhejiang Engineering Institute, briefed the inspection team on the company’s historical development and operational performance, and presented a detailed report on the measures taken to manage and mitigate business risks, as well as on issues identified through self‑inspection and proposed improvement strategies. Following a thorough review of the company’s presentation, the inspection team engaged in an extensive and meticulous discussion with the company regarding receivables risk, branch‑level governance, and the resolution of related legacy issues. Chairman Pan also offered several recommendations for further optimizing management and achieving transformative development: first, continue strengthening the establishment and enforcement of internal control systems to enhance risk‑management capabilities; second, place particular emphasis on ensuring compliance in areas such as operational management, accounts receivable, tax matters, and project‑fund disbursements, while proactively addressing integrity‑related risks to effectively contain all types of risks; and third, persist in resolving longstanding issues to foster the company’s sustained and sound growth.
General Manager Zhu Yueting stated that the company is currently at a critical juncture in its transformation and development. Taking this inspection as an opportunity, and under the guidance of the Provincial State-owned Assets Supervision and Administration Commission and the dispatched supervisory board, the company will strengthen its institutional framework to further enhance its operational management and control capabilities, thereby ensuring the smooth realization of its transformation and development.
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