On May 25, Secretary of Party Committee and Chairman Jiang Fan, Deputy Party Secretary and General Manager Kan Xing, and Deputy General Manager Chen Guogao of Beijing Energy Holding Co., Ltd. visited Beijing Energy International Holdings Co., Ltd. for research and work guidance. Heads of Group Office, Property and Capital Operation Department, Strategic Development Department, Energy Investment Department, Financial Management Department and Beijing Energy International Leadership attended the meeting.

At the meeting, the research team listened to the special work report by Zhang Ping, the General Party Secretary and Chairman of Beijing Energy International, and the participants had in-depth exchanges on the main work of Beijing Energy International, including development strategy, investment and construction projects, safeguards for completing operational indicators, etc.

Chen Guogao said that the results of Beijing Energy International’s restructuring so far have proved the correctness of Beijing Energy’s acquisition decision. Beijing Energy shall study the financing of Beijing Energy International and use the overall advantages of the Group to support the high-quality and sound development of Beijing Energy International in its start-up period.

Kan Xing recognized the ability of Beijing Energy International’s leadership and the achievements of Beijing Energy International. He pointed out that in the next stage, Beijing Energy International shall, firstly, to study and determine the development mode of the company and clarify the business development layout with the goal as the orientation; secondly, to consolidate the management foundation, give priority to efficiency and benefits, seize opportunities and achieve high-quality development; thirdly, to further optimize the construction of market-oriented systems and mechanisms, strengthen the incentive mechanism, improve the salary performance system and continuously stimulate the company’s vitality; fourthly, Beijing Energy will continue to support the development of Beijing Energy International, strengthen authorization and supervision, and continuously enhance the market competitiveness of enterprises under the pilot program of mixing state-owned enterprises.

Jiang Fan said that the remarkable work of Beijing Energy International sets a benchmark for all platforms of Beijing Energy, the development targets it proposed is very uplifting. He put forward four requirements for the future development of Beijing Energy International: firstly, to innovate the development mode, constantly research and open up, maintain the vigorous advantages of internationalized and market-oriented systems and mechanisms, continue to plan the transformation and development path from heavy asset operation to the combination of light and heavy assets, and take an innovative road based on the company’s own realities; secondly, to innovate the management mode, strengthen capital operation capacity, market development capacity and operation management capacity, and build the company’s core competitiveness; thirdly, to innovate the financing mode, focus on researching and planning of financing methods and channels that can support Beijing Energy International's high-quality and rapid development, and solve the restrictive factors in the company’s development; fourthly, to innovate the Party building, grasp the fundamental of increasing income and creating efficiency, explore the road of Party building with characteristics, so as to ensure the company’s sound operation and development.