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Sinochem’s top management calls for “Great Development”

Date:2007-02-28 Source:Sinochem Group

On Feb.5th to 6th, Sinochem held its annual meeting in Beijing. The meeting reviewed the company’s past performance and the road it has taken, raised the initiatives for the next three years and made arrangement for the Corporation’s work in 2007.

Vice President Pan Zhengyi hosted the meeting. More than 200 managerial staff headed by Liu Deshu, Sinochem’s President and CEO, attended the meeting.

The meeting pointed out that the next few years is Sinochem’s crucial period for “strategic realignment”. The target for Sinochem in the next 3 years would be: to maintain the sales revenue of the company to be around RMB 200 billion; to double the profitability in three years to reach RMB 8 billion; to push forward strategic topics in key areas; to build solid foundation for the molding of the great company with global status.