On July 21, the 2018 Third Regular Meeting of the First Board of Directors of Sinochem Group was held in Beijing. The Meeting was presided over by Mr. Frank Ning, Chairman of Sinochem Group. Mr. Zhang Wei, Director and President of Sinochem Group and External Directors Mr. Ma Chuanjing, Mr. Wang Junfeng, Ms. Li Jinfeng, Mr. Wei Weifeng, Staff Director Mr. Zhu Yongliang attended the meeting. Secretary of the Board of Directors of Sinochem, heads of relevant functional departments and heads of relevant departments of the Central Organization were also present at the Meeting.
The Meeting examined and approved the newly revised series of documents of Sinochem Group Investment Management System, 2018 Senior Management Assessment and Incentive Program and other documents, and listened to the business report of 1H 2018. Directors highly affirmed the company’s historical high record in the first half of the year and pointed out that the next step should be to further stimulate the enthusiasm of grass-roots units for entrepreneurship innovation, continue to explore new technologies and new business, and implement the value of “In Science We Trust” to promote a comprehensive transformation.