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New Starting Point, New Challenges and New Hope--SINOCHEM Ningbo's work conference in 2011

SINOCHEM Ningbo's work conference was successfully held at Dapengshan Hotel, Cixi City, from Feb. 28 to Mar. 2, 2011. Present are President Liu Jianping, Deputy Presidents Chen Youxiang, Shan Mengchun, He Dongsheng, and Ban Yan, CFO Zhu Fuyuan, managers and core staff members.

On Feb. 28, CFO Zhu Fuyuan delivered a speech on the Company's report of performance in 2010, and then General Manager of the Project Management Division, Mr. Yu Jianguo reported on the functional departments' plans and approval in 2011, SINOCHEM Group's suggestions on SINOCHEM Ningbo's projects, and the system of investment project management.

On Mar, 1, Mr. Zhang Wenqing, a teacher with the Beijing Genechain Management Consulting Co., Ltd., had a whole day's training on "Goal-directed Performance Management". On the evening, Deputy Presidents Chen Youxiang, Shan Mengchun, Zhu Fuyuan, He Dongsheng and Ban Yan chaired three panel discussions over the performance evaluation in 2010, the differences of operations and management in contrast with the objectives of the third entrepreneurship and excellent counterparts, and opportunities and challenges posed by the domestic economic change. The participants discussed heatedly on the issues of 2011"s expansion, accomplishment of budget performance, sustainable development potentials and so on.

On Mar. 2, the meeting focused on exchanges of experience introduced by Pharmaceutical Division, Agro-chemical Division, HVAC Division, Jarder Outdoor, Xingu Pharmaceutical Co., and Lianyungang Chemicals Co. in the hope of being suggestive to one another. On the afternoon, the panel groups reported their discussions and results. Finally, President Liu Jianping made a significant speech over the procedures and agendas of the meeting, and pointed out the key work to do as follows: 1) taking the opportunities for development; 2) staffing the core teams; 3) reserving adequate talents.

On the work of innovation, President Liu emphasized the value of innovative value-added operating modes, and for that, he demanded that leaders of all levels must make a thorough survey of the market and directly listen to clients' opinions and suggestions. In terms of investment management, the Company’s projects had to be scientifically proved and affordably put into operation. Meanwhile, he stressed the work on energy-saving, emission-reducing and production safety.

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