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The 6th prestigious TaoZhuGong Awards Presentation Ceremony, which is organized by EuroFinance and acknowledges treasury excellence, was held in the Kerry Hotel in Beijing on the evening of March 20th 2018. The event was supported by the Association of International Certified Professional Accountants as the exclusive strategic partner and sponsored by many banks.

The results of the 12 categories of the awards were decided by an independent third-party judging panel of experts through serious discussion. The judging panel took into consideration the nominees’ treasury management models and performance from 2017 to 2018 and corporate interviews. The Awards are meant to acknowledge capital management professionals’ achievement in liquidity management, financing, supply chain finance management and the use of IT.

Congratulations to the 2018 winners!

Top Treasury Team/Best Treasury of the Year
Winner: Chery Jaguar Land Rover Automotive Co., Ltd
Highly Commended: Anheuser-Busch InBev NV
Highly Commended: China Southern Airlines
Highly Commended: Valeo
Highly Commended: Haier

Best Cash Management
Winner: Xinjiang Goldwind Science Technology Co., Ltd
Highly Commended: Deppon Logistics Co., Ltd
Highly Commended: China Molybdenum Co., Ltd
Highly Commended: Ant Financial

Best Finance Company
Winner: Sinochem Finance Co., Ltd.
Highly Commended: ZhuHai Huafa Group Finance co.,Ltd
Highly Commended: Sichuan Changhong Group

Best SME Financing /Cash solutions
Winner: Heytea
Highly Commended: United Transportation (Tianjin) Co.,Ltd.
Highly Commended: TCL Financial Holdings Group (Guangzhou) Co., Ltd

Best Supply Chain Finance Management
Winner: Philips (China) Investment Co., Ltd
Highly Commended: Samsonite (China) Co Ltd
Highly Commended: Guangdong Youyun
Highly Commended: Jiangsu Chezhibao Information Technology Co., Ltd

Best Working Capital Management
Winner: China Communications Services
Highly Commended: Fiat Chrysler Automobiles
Highly Commended: Shaanxi Yanchang Petroleum Finance Co., Ltd.
Highly Commended: SAIC-GM-Wuling Automobile
Highly Commended: Spring Airlines

Most Effective use of IT
Winner: Ping An Insurance (Group) Company of China,Ltd.
Highly Commended: Shanghai QijiaNetwork Information Science & Technology Co.,Ltd

Most Innovative Treasury Practice
Highly Commended: Cathay Pacific Airways Limited
Highly Commended: Aland
Highly Commended: China Eastern Airlines Co., Ltd.

Top Funding Solution
Winner: Ling Yuan Iron and Steel International Trading (HongKong) Co., Limited
Highly Commended: Sinopec Corp
Highly Commended: China Zhengtong Auto Services Holdings Limited
Highly Commended: China Southern Airlines

Top Local or Global Banking Solution
Winner: SITC International Holdings Co., Ltd.
Highly Commended: Volvo Cars (China)
Highly Commended: Surbana Jurong
Highly Commended: China Railway Finance Company, Ltd
Highly Commended: Shaanxi Construction Engineering Group

Top Outsourcing Story/Shared Services Story
Winner: Valeo
Highly Commended: Suzhou Littelfuse OVS Ltd
Highly Commended: China Eastern Airlines Co., Ltd.

Top Strategic Process Re-engineering
Winner: JoinPay
Highly Commended: Shandong Zhaojin Group Finance Co., Ltd.
Highly Commended: Zhejiang Supor Co., Ltd.

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