SITC International Won Taozhu Gong Awards in Best Working Capital Management

2017-03-29

The prestigious 5th Tao Zhu Gong Awards ceremony was held on 21 March 2017 in Beijing. SITC International Holdings Company Limited is awarded as Highly Commended in Best Working Capital Management. Ms. Guo Zhiyun, general manager of treasury department of Group Finance Center, attended as representative to accept the award, recommended by Citibank. Taozhu Gong Awards is brought to you by Euro Finance which the Economists belongs, and endorsed by ACCA (the Association of Chartered Certified Accountants). It is intended to commend the best practice and optimal innovation of Chinese enterprises in treasury management. Each award demonstrates treasury team/individual’s contribution in cash management, funding solution, supply chain finance management and effective use of IT, etc. Taozhu Gong Awards has become one of the most influential awards in corporate treasury industry because of its open, independent, professional judgment and selection. Always insisting on the principle of safety, liquidity and efficiency, SITC International adopts innovative, solid, low-cost and efficient way in working capital management and financing project, which has made impressive achievement in whole treasury management. The working capital demand for long term investment and daily operation is well guaranteed while efficiency and effectiveness has been great improved. This award shows judging panels’ highly recognition on our treasury excellence, and further promote our profile in capital market.