On July 30, SGE convened 2024 Semi-Annual Work Conference, which conveyed the spirit of 2024 Semi-Annual Work Conference of Sinopec Star and Sinopec Group, concluded work in the first half, analyze the current situation and arrange key tasks in the second half, making sure annual targets completed.
The conference was presided over Mr. Liu Jian, SGE’s President, who also arranged key tasks in the second half year. Mr. Gao Xiaorong, SGE’s Chairman concluded the conference. Mr. Xiang You, Chairman of Labor Union, delivered the 2024 mid-year working conference spirit of Sinopec Star and Sinopec Group. Present at the conference were also SGE management executives, CFO Zhao Xin, CTO Sun Caixia and Vice President Chen Menghui.
The conference pointed out that in the first half of 2024, SGE management executives at all levels and all employees insisted on the guidance of Xi Jinping thought on socialism with Chinese characteristics for a new era, fully implemented all decisions made by Sinopec Group, seriously learned the party disciplines and rules, advance solidly themed activities and steadily promote institutional reforms. By doing so, the company made significant achievements in market expansion, accelerated its projects construction, collected a large number of account receivables and was granted with many awards in sci-tech innovation and undertaking its social responsibilities.
The conference requested that in the second half the company should fully deepen the institutional reform and complete all production and operation work by adhering to requirements of “geothermal leading the industry” and themed activities. While accomplishing targets set by Sinopec Star, the company should also strive for a higher annual target following the instructions of Mr. Liu Shiliang, Executive Director of Sinopec Star.
The conference emphasized that the company should strengthen budget management and strictly control unproductive expenditures to raise profits, reduce cost and improve management efficiency. Being aware of the current situation, the company should fight hard for good opportunities and speed up the pace of international market development. All employees should move forward steadily by following the trend of development, constantly improving and challenging themselves. Performance assessment should be conducted strictly to facilitate all departments to spare no efforts completing annual tasks.
The conference underlined that every effort should be made to promote key projects to ensure efficient execution of each project by having safety, quality and progress in control. Institutional reform should be deepened to accelerate the integration of geothermal business. Training of international talents and team building should be strengthened to create a dynamic scientific research mechanism that supports high-quality development. The company should still reinforce the prevention and control of safety and environmental risks, strictly prevent seasonal safety risks, build a strong legal and compliance governance mechanism, standardize safety management mechanisms, and take solid and effective measures to ensure high-quality development.
The conference stressed that in order to achieve annual goals, the company should closely focus on “unity, execution, fighting capacity”, and continue to carry forward the hard working tradition. The first is to strengthen unity. As long as the whole company is united when faced with key work and projects, strong momentum and great potential can be stimulated. The second is to improve execution. There must be resolution in market development and in completing all tasks assigned by Sinopec Star and Sinopec Group. The third is to intensify fighting capacity. That is to ensure the production and construction work is carried out safely and smoothly in an orderly manner in the second half of the year, so as to contribute to the high-quality development of the geothermal industry.
The conference emphasized all employees should thoroughly study and implement the spirit of the Third Plenary Session of the 20th CPC Central Committee, unswervingly deepen the institutional reform, combine the spirit with themed activities, vigorously promote the reform of the new energy system and mechanism, and strive to improve quality and efficiency. Every effort should be made to complete the annual production and operation targets, and contribute to the high-quality development of the geothermal industry.