On July 3rd, the group company held a third-quarter production and operations work meeting to report on the completion of first-half production and operations and the key work arrangements for the third quarter. Zhao Dong, General Manager and Deputy Secretary of the Party Group of the Group Company, attended and delivered a speech. Niu Shuowen, member of the Party Group and Deputy General Manager of the Group Company, Cai Yong, member of the Party Group and Chief Accountant, Tian Hongbin, member of the Party Group and Deputy General Manager, and Chen Yanbin attended. Hosted by Wan Tao, a member of the Party Group and Deputy General Manager of the Group Company.

Zhao Dong emphasized the need to concentrate efforts on optimizing the system, expanding market and sales and ensuring stable operations to achieve greater initiative in the comprehensive, high-quality completion of target tasks by the end of the year. We must deeply implement the trade supply guarantee project and make every effort to ensure the security of the trade and supply chains. We must closely adhere to the upper limit and promote the increase of reserves and production, unwaveringly adhere to stabilizing oil and gas production and reducing costs, maintain a good situation of exceeding the planned oil and gas production, and strive to achieve more proactive and enterprising goals.

We need to systematically enhance the synergy and efficiency of refining and chemical industries, strengthen internal integration, streamline institutional mechanisms, and fully unleash the effectiveness of reform. To effectively unlock the terminal value of gold, we need to pay closer attention to the market’s leading role, promote the concentration of policies and resources towards high-value-added products and regions with large market capacity, and strive to meet marketing targets. We need to deepen and expand the space to improve quality and efficiency, implement lean management.