A few days ago, “Person of the Year” and “China Financial Value Leading Figure” award ceremony co-hosted by China Association of Chief Financial Officers (“CACFO”) and China Chief Financial Officer magazine was held. Dennis Leu, Chief Financial Officer (CFO) of Jiangling Motors Co., Ltd. (“JMC”), was awarded “Person of the Year 2013” by CACFO with his outstanding performance and contribution.
Dennis Leu, holding a Bachelor’s Degree in Commercial Science from Taiwan Chung Yuan Christian University and a Master’s Degree in Business Administration from Taiwan National Central University, has been worked in many of Ford global companies.
Dennis Leu started to hold the position of CFO of JMC in year 2012, becoming the new financial controller in JMC. After taking office, he actively created new financial management mode and improved information system, intensified cost management and scientific operation of financial system. In addition to that, he strengthened internal control and enterprise governance as per the direction of Board of Directors and Executive Committee, thus, he had achieved prominent achievements on this. Dennis Leu and JMC financial team lead by him played a significant role in steady development of JMC.
JMC kept on attaining record performance in recent years. In year 2013, JMC sold 230,000 units vehicles, up 15% YoY. Its operating revenue was 20.9 million yuan. JMC paid back to its investors with dividend of 7.9 yuan every ten shares. All these marked historical moments in the development history of JMC. In 2014, JMC made breakthrough in all aspects and developed multiple models, which contributes to its record high sales volume in Chinese market. JMC achieved a good start in Jan. and strong growth in Feb. In Mar., its sales volume was over 30,000 units, a historical breakthrough which indicates a staggering grow for JMC in 2014.
Dennis Leu leads his financial team growing together JMC. With this outstanding team, JMC is marching towards a broader arena in China and abroad at steady and confident pace. The team will also make greater contribution to realization of “JMC Dream”.
