Recently, the 20th China CFO Conference, guided by the Ministry of Finance of the People's Republic of China and hosted by the Finance and Economy Publishing House, was held in Beijing. Guangxi Liugong Machinery Co., Ltd. was awarded the "2025 Enterprise Financial Digital Transformation Demonstration Treasury Construction Award" for its benchmark practice in global treasury management, making it the only enterprise in the construction machinery industry to receive this honor.
It is reported that the China CFO Conference is a highly influential and credible industry event in the field of corporate finance in China. Liugong stood out among the numerous participating enterprises this time, fully demonstrating its leading strength in the digital transformation of finance.
Liugong's financial management was guided by the strategic vision of building a first-class financial management system in the industry and achieving first-class financial performance in the industry, following the strategy of overall planning, comprehensive arrangement, and phased iteration. It took one year to complete the construction of an intelligent, efficient, transparent, and secure global treasury system.
This system covers nearly 100 companies at all levels and 11 major financial modules, fully integrating multiple heterogeneous systems such as the business end, OA, and SAP. Relying on technologies such as bank-enterprise direct connection, SWIFT, and RPA, it realizes "one network, one database, and one pool" for global funds' penetration control, forming a risk control loop of pre-emptive prevention, in-process monitoring, and post-event review, providing support for the company's business decision-making.
The establishment of the global treasury system of Liugong has enabled the management of funds to truly penetrate business operations, link strategies, and manage risks, providing support for business decision-making, driving innovation, facilitating industrial upgrading and green transformation, and creating a replicable and scalable financial digitalization model for the high-quality development of the industry - anchoring the direction of change with strategy, implementing risk reduction in a coordinated and step-by-step manner to lower implementation risks, achieving intelligent upgrades through digital technology, embedding risk control to safeguard the safety bottom line, and ensuring long-term operation through collaborative and interlinked efforts.
Liugong will continue to deepen its financial transformation towards intelligence, globalization and valueization. It will iteratively optimize the global treasury system, deeply apply cutting-edge technologies such as AI, further promote the deep integration of business and finance, and strengthen global business risk management. At the same time, it will continuously share its mature experiences in financial transformation and treasury construction of manufacturing enterprises, helping to enhance the overall financial management level of the industry chain. By providing a world-class financial control system, it will empower the implementation of the "Three Alls" strategy and contribute more to the transformation and upgrading of China's equipment manufacturing industry.