New Year Message of 2019


Just as an ancient poem goes, "From day to day the sun succeeds the moon; the course of seasons moves on very soon." The year of 2018 has said farewell to us with glories and responsibilities, while 2019 is approaching us with dreams and aspirations.


As we ring in the year of 2019, SEP Party Committee, Board of Directors and the management team would like to extend the season's greetings and sincere New Year wishes to all the staff home and abroad, all the retired veteran cadres and employees with contributions to the company's reform and development, all levels of leaders and the family members of the staff with strong support for SEP's sustained implementation of the blueprint, and vast numbers of shareholders with long-term caring for SEP.


2018 is the first year for the implementation of the spirit of the 19th CPC National Congress, the 40th anniversary of China's reform and opening-up policy, the year when SPIC unveiled its strategy for a new era, and also a truly extraordinary year in SEP's business development.


This year, we overcame various difficulties, forged ahead, obtained fruitful results, and felt full of gratitude. The company overfulfilled various tasks assigned by SPIC, with operation performance creating a historical high and reaching 3,128 consecutive days of safe operation with zero accident. The company also successfully completed a series of major issues closely related to sustainable development, with various fields of work including the Party construction, work safety, quality and environmental protection, operation and management, reform and innovation, and enterprise management progressing with high quality.


This year, we conducted our work creatively and based on the practical situation, fully demonstrating the "three thousands" hardworking spirit. The company successfully helped 100-year-old Yangshupu Power Plant in alliance with the best partner, completed the RMB 1.35 billion financing for the "August 30" project smoothly, accomplished the RMB 3.3 billion worth market-based debt-to-equity conversion satisfactorily, and finished the acquisition of SPIC Zhejiang New Energy Co., Ltd. efficiently. Dafeng H3# Offshore Wind Power Project set a new record in the construction speed of same-scale offshore wind power project in the domestic electricity industry, achieving the goal of commencement, completion and profit making in the same year. In the overseas market, the first batch of wind turbines of Mozura Wind Power Project in Montenegro were connected to the grid. Besides, the company was included in the comprehensive reform pilot list of "Two-hundred Action", established SEP Legal Service Shared Center and Financial Shared Services Center successively, completed the construction of internal control compliance system expansion, and realized full coverage of all levels of domestic subsidiaries and pilot operation in overseas subsidiaries.


This year, SEP continued to enhance its image as a listed company, and further increased its brand value. The company was honored various titles such as "National Electricity Industry Performance Excellence Benchmark Enterprise with AAA rating in 2018", "Outstanding Organizer in Electricity Industry Quality Management Activities of 2018", "Gold Prize of Shanghai Municipal Government Quality Award in 2018 (among 10 winners)", "Top 500 Global New Energy Enterprises in 2018", "Outstanding Company of Ideological and Political Work in National Electricity Industry", "Outstanding Company of Chinese Enterprise Culture Construction in 40 Years of Reform and Opening-up" and "Best Board of Directors of Main Board Listed Companies". All through the year, the company was covered by CCTV five times including CCTV1 and CCTV13, and was reported by other mainstream media 33 times. Moreover, the company accomplished various safeguarding tasks for the first China International Import Expo (CIIE) successfully, which was commended by Shanghai Municipal Party Committee, Shanghai Municipal Government, SPIC and Shanghai Municipal Commission of Economy and Informatization.


When we drink water, we must not forget where it comes from. Every step forward by SEP is attributed to the care and support of all levels of leaders, the hard work of all the staff and the help and trust of all circles in the society.


Despite splendid achievements obtained in the previous year, we should make still further progress in the coming year. 2019 is the 70th anniversary of the founding of New China, the critical year for securing a decisive victory in building a moderately prosperous society in all respects and realizing the first centenary goal, and also the first year for SPIC to implement its strategy for a new era.


In the new year, we should adhere to the guidance of Xi Jinping Thought on socialism with Chinese characteristics for a new era and the spirit of the 19th CPC National Congress, execute the general requirement for the Party construction in the new era comprehensively, focus on SPIC's strategic implementation resolutely, follow the requirement for high-quality development, appreciate the situation, adapt to the trend, realize value creation, uphold lawful, scientific and strict corporate governance, stick to "focusing on development, increasing profit, and promoting harmony", and realize new breakthroughs in various aspects of work.


In the new year, we should make every effort to carry out the closed-loop management system of "strategy-program-plan" and the JYKJ work execution system, conduct the comprehensive reform pilot program of "Two-hundred Action" creatively, place stability as the top priority, improve the core competitiveness of the company's development solidly, strive to complete annual goals and tasks as the pioneer and pacesetter of SPIC, work hard to realize the objective for the 13th Five-Year Plan one year ahead of schedule, and greet the 70th anniversary of the founding of New China with outstanding performance.


At the doorstep of a new era, let us take on the new mission and show the new strength. Let us unite closely, stay true to our original aspirations, devote ourselves to hard work, and make new and greater contributions to the high-quality development of SEP.


SEP hereby wishes all the cadres and staff, retired comrades and their family members good health and all the best. Happy New Year!



SEP Party Committee


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