The Company Held the First Meeting of the Second Term Board of Directors


On November 21st, the first meeting of the second term board of directors of the Company was held in the conference room at the 15th floor of Fulian Building. Board Chairman Mr. Gu Yuefeng presided over the meeting, and the Company’s directors, supervisors, Office of President, Operation General Manager, General Manager of Technical & Planning Department, General Manager of Finance Department and representatives of shareholders attended the meeting.

At the meeting, the Company’s management reported the performance of Jan.-Oct., 2017 and 2017 outlook, Business Plan (2018-2021), 2018 Turnaround, Capital Investment Projects, Major Contracts and Strategies, Financial Status, People Management Plan, Work Report of Board Audit Committee, Master Plan, and reviewed/ approved related items.

The directors present at the meeting commented that the company management led the whole organization in achieving good performance in 2017, and made remarkable progress in HSE, reliability, profit and other aspects, and fully recognized the FCC revamp and the jet fuel export.

The board of directors required the management to make persistent efforts, continue focusing on safe and flawless operation, further enhance reliability, and summarizes the experience and best practices of 2013 turnaround for preparing the 2018 turnaround. (Yu Wei)