Introduction stage based on traditional indexes

2004-1-1 to 2007-1-1

Application of the accounting index:

Apply the total annual profits, earning rate of net assets and two industry indexes, to measure, score, rate and evaluate the central enterprises, theses indexes will be regarded as the basic for senior management’s performance bonus

Transition stage

2010-1-1

Application of the accounting index:

Apply the total annual profits, earning rate of net assets and two industry indexes, to measure, score, rate and evaluate the central enterprises, these indexes will be regarded as the basic for senior management’s performance bonus

Strengthening stage based on the EVA

2013-1-1

Combination of accounting index and EVA:

Apply the EVA to instead of the earning rate of net assets, integrate the total annual profits and the other two industry indexes, to measure, score, rate and evaluate the central enterprises, these indexes will be regarded as the basic for senior management’s performance bonus