Chairman's Speech

The year 2022 will be a milestone in the history of the Party and the country. The successful convening of the 20th CPC National Congress has pointed out the way forward for China's economic and social development in the new era and for the great cause of rejuvenation of the Chinese nation!
At present, the global epidemic prevention and control situation is getting better amid fluctuations, the macro economy is gradually recovering, market demand is rapidly picking up, and international oil prices are rising strongly. Faced with rare business development opportunities, the company has made every effort to expand the market, seize production, ensure safety, improve speed, reduce costs, prevent risks, and seek development, and the company's business performance has reached the best level in history.
The company will unswervingly implement the management philosophy of "safety first, quality first, management efficiency, innovation and development", adhere to the core values of "dedication, responsibility, integrity, innovation, gratitude", and uphold the mission of "contributing energy for the country, keeping watch for the people's livelihood for the society, creating wealth for the enterprise, and realizing common prosperity for employees". Committed to building the company into an international enterprise group of oil and gas, new energy exploration and development and petroleum engineering services, contributing to China and global energy construction!
The new era faces new challenges, and the new journey carries new hopes. In 2023, the company's business development is facing a more severe situation and more onerous tasks. We will earnestly implement the decision-making and deployment of the Party Central Committee and The State Council, under the correct leadership of the Board of directors, comprehensively promote the high-quality development of the company, fully complete the production and operation objectives and tasks, strive to create better business performance, and make new achievements in the new era and new journey!