COMPANY NEWS

SEP Holds 2016 Mid-year Work Conference

On July 29, 2016, SEP successfully held 2016 Mid-year Work Conference in Waigaoqiao Power Plant. SEP Chairman Wang Yundan, President Wang Huaiming, Deputy Presidents Sun Weidong, Guo Baohong, Xing Lianzhong and Xia Meixing, Secretary of Discipline Inspection Committee and Labor Union Chairman Gu Ai, CFO Chen Wenhao, and Chief Engineer Zhai Deshuang attended the conference, which was presided over by Sun Weidong.

Wang Yundan gave an important speech entitled "Recognize the situation, adapt to the trend, guarantee the result, and strive to ensure the completion of the annual task", which summarized and analyzed the economic operation characteristics and highlights and development concerns and difficulties of SEP in the first half of 2016 from a strategic perspective and global vision, especially introduced and explained the major concerns related with the restructuring, transformation and future development of SEP. He also put forward specific requirements on further implementation of SPIC’s strategy, SEP’s value creation, strengthening of cadre team building and other important issues.

Wang stressed that it was necessary to recognize the profound impact of supply-side structure reform on energy industry and SEP. He required all the staff to improve safe production and management level guided by nuclear safety culture, seize the chance of "transformation and upgrading, quality and efficiency improvement" so as to strengthen the innovation, seize the opportunity of SPIC’s industrial structure optimization so as to create an outstanding regional listed company, shorten the transition period from "planned electricity" to "market-oriented electricity" so as to become a comprehensive energy supplier and service provider and follow SPIC’s overall international strategy to improve SEP's overseas development quality, scale and efficiency.

He urged all the Party members and cadres of SEP to keep in mind the important speech of President Xi Jinping on the meeting to commemorate the 95th anniversary of the founding of CPC, not to forget the original dream, to fulfill the missions, burst the passion, cope with the situation calmly, apply the knowledge to work, and seek practical results.

Wang Huaiming made a work report entitled "Positively adapt to the trend, insist on hardworking, and ensure the completion of annual goals and tasks". He pointed out that in the first half of 2016, SEP cadres and workers unswervingly implemented the new strategy, new concept, and new mission of SPIC, firmly pushed forward structural adjustment, layout optimization, transformation and upgrading, adhered to the road of clean energy, overall lean management and the principle of "grasp the development, increase the profitability, and promote the harmony", comprehensively strengthened the Party construction and innovation, rose up to difficulties, and made new progress in all kinds of work under the guidance of five major development concepts. Wang analyzed the situation and tasks confronting SEP from four aspects including understanding the current situation soberly, main features of business development in the first half of 2016, SPIC's requirements and expectations, and objectives and tasks of the second half of 2016, and arranged for the work in the second half of 2016 in six aspects as follows: first, practice the "nuclear safety" concept, adhere to the "four stricts" work requirements, and ensure safe and stable production; second, comprehensively promote quality and efficiency improvement, further cut costs and increase profits, and ensure the completion of annual business objectives; third, strengthen coordination, adhere to multi-measures, and ensure the completion of the annual task of transformation and development; fourth, insist on innovation-driven strategy, focus on innovation and creation, and gather energy and efforts for "corner overtaking"; fifth, implement overall lean management, continue to deepen reform, and enhance SEP's overall management and control capacity and efficiency; sixth, deepen the "two studies and one become" campaign, and improve the mass organization work to further encourage the hardworking passion of all the staff.

 

The conference called on all the staff to seriously study and implement the spirit of SPIC mid-year work conference and the municipal government's work requirements, follow the objectives and tasks established at the beginning of 2016 and work arrangements of this conference, carry forward the spirit of strivers, stimulate entrepreneurship passion, assist SPIC in "corner overtaking", and ensure the full completion of the annual objectives and tasks so as to achieve a good start of the 13th Five-Year Plan.

 

SEP Safety, Quality and Environmental Protection Department reported the safety and environmental protection situation in the first half of 2016, Planning and Development Department reported the comprehensive planning situation in the first half of 2016, and Finance Department reported the budget execution situation in the first half of 2016.

 

The company's Deputy General Auditor, General Counsel, Deputy Chief Economist, heads of all the departments, subsidiaries and the Communist Youth League attended the conference.

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