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Li Wei presided over a special debriefing meeting on key chemical projects of Shandong Energy

On the morning of August 18, 2021, Li Wei, Secretary of CPC Shandong Energy Committee and Chairman of Shandong Energy, presided over a special debriefing meeting on key chemical projects of Shandong Energy. After listening attentively to the reports delivered by Future Energy, Rongxin Chemicals, and Xinjiang Neng Hua, he charted the development course for the Group.

Li Wei pointed out that the "14th Five-Year Plan" period is a critical time-span for the development of the coal chemical industry, while the Goal For “Carbon Peak and Carbon Neutrality” sets higher standard for the transformation and growth of coal chemical companies. All subsidiaries of Shandong Energy involved in coal chemical industry shall meet the development strategies of both the country and Shandong Province, as the Goal is being under implementation. They must take stock of the big picture, taking science-based measures to meet challenges and seek changes, and redoubling their efforts in the research of the core technology of modern coal chemical industry. All this aims to ensure that a low-carbon coal chemical industrial chain can materialize, as the country is pushing forward the Goal.

Li Wei emphasized that as one of the pillar industries of Shandong Energy, the coal chemical industry is duty-bound to serve the transformation and development of Shandong Energy. Chemical companies should focus on the R&D of high-end new materials, and synergize and integrate coal chemical technology, petrochemical technology, and salt chemical technology. Efforts should be made to further extend the mid-to-high-end industrial chain, increase the added value of products, and facilitate high-end and clustered development of coal chemical industry.

It is as crucial to balance the relationship between enterprise transformation and development and production safety, and set store by the coordinated development of local enterprises and the building of the talent pools, as part of practical steps to propel the quality development of Shandong Energy.

Zhang Baocai, Deputy Secretary of CPC Shandong Energy Committee, Director and General Manager of Shandong Energy, also enunciated his requirements for the key projects of the above-mentioned three key chemical companies.

This debriefing meeting was also joined by Zhang Ruoxiang, Member of the Standing Committee of CPC Shandong Energy Committee and Deputy General Manager of Shandong Energy, Zhou Hong, Member of the Standing Committee of CPC Shandong Energy Committee, Auditor in Chief, and Director of CPC Organization Department (Human Resources Department), Liu Jian, Member of the Standing Committee of CPC Shandong Energy Committee and Deputy General Manager, as well as Ru Gang, External Director and Chief Financial Officer.