on october 24, li enyi, president of china longyuan power pointed out at the videophone conference of the economic activity analysis for the first three quarters that, the company should firmly implement economic activity analysis of the group corporation for the first three quarters and the conference spirit of turning losses into profits, positively tackle the severe business situation currently and job tasks heavily, fully carry forward the spirit of “driving nails”, spare no effort to work energetically for four quarters and ensure completion of all target tasks set for the year.
according to the requests made by li, the labor union made a quick response, and released the proposal of “sprinting for four quarters and striving to achieve targets” on october 30, aiming to mobilize cadres and staff to actively respond to the activity, advance despite difficulties with full enthusiasm for the work and persistent spirit of dedication, and stir up an upsurge of “working energetically for four quarters” centering on electricity production, project construction and seizing resources, etc.
wind power has a very low marginal cost, and the surplus electricity means profit, so it is highly profitable. therefore, the company will further implement the responsibility system in the fourth quarter, take electricity work as the “top management” project, and strive for each kilowatt hour. considering that the fourth quarter is a windy and also the heating season, the company will research into the operation mode of dispatching and structure changes of power network, increase communication efforts and frequency with power network dispatching, reduce losses for wind power abandoning, and fully strive for electricity. the company will also increase rewards and punishment, and take the completion rate for electricity as the basic indicator for year-end assessment. specifically, those who fail to fulfill electricity generation indicator will be disqualified for the assessment in principle while special praise and awards will be given to those who overfulfill the indicator. the fourth quarter will also continue to strengthen benchmarking management, identify weakness, rigorously enforce electricity assessment, strengthen measures, implement responsibility and fully mobilize the initiative of cadres and staff, and strive to generate more power.
the next two months are the peak season for project construction and production. in order to ensure project progress and quality, the company will further strengthen process control, and the major leaders of all units should command in the front line, focus closely on the progress of each node, accelerate project progress, and ensure that the whole process of the project construction is under control. the company will further improve up-to-standard production level as well as safety management, quality assurance and supervision system, organize experts to check the critical phase of the project, and make every effort to build quality project.
the competition in wind power industry becomes increasingly fierce, so it is vitally important to seize good resources. in the fourth quarter, the company will continue to strengthen the communication and cooperation with branch (subsidiary) companies of china guodian corporation, and actively seek opportunities to merge excellent wind power assets by taking advantage of local advantages. besides, the company will also make every effort to promote project approval, ensure completion of the approved targets of the year, lay emphasis on the overall consideration of approved quantity, share and quality in year-end assessment, increase awards for excellent units, and investigate the responsibility of those units that fail to fulfill the tasks as expected or lag behind.
funds are the blood for enterprise operation, and the cost of funds will directly affect an enterprise’s effectiveness. in the fourth quarter, the company will further reduce the cost of funds on the premise of guaranteed fund safety while taking effective measures to optimize stock assets and improve value-creating ability. moreover, the company will upgrade financing mode, strengthen the efforts to coordinate with the head office, strive to flexibly solve project financing problems through local and trans-regional financing, introduce low-cost offshore funds, bring the core platform into full play, and ensure that the year-end fund cost rate is controlled within a reasonable level.
innovation is an inexhaustible driving force for enterprise development. in the fourth quarter, the company will continue to strengthen system innovation, optimize layout and functional departments as well as their management structures and functions so that they can play a better and more efficient role in every aspect. in particular, the company will build an innovative assessment and motivation mechanism, accelerate the efforts to study and formulate the administrative measures for the implementation of monthly performance assessment, turn the annual assessment into monthly assessment, and enhance the timeliness of the assessment. moreover, the company will continue to play the role of wind power in developing core platform, strengthen and solidify the company into four specializations, make full use of the research and development advantages of guodian new energy technology research institute, bring the wind power operation technology research institute and marine and geothermal power technology institute into full play, strive to improve the service ability of the whole process in each business link of new energy development, establish a income elasticity distribution mechanism compatible with each post as well as the market according to the characteristics and situation of each company and research institution, implement more pertinent and open policies in business and management, encourage the staff to move towards the market and increase their incomes, improve technical and business capability as well as the service level while continuously expanding the market and thus raise the influence and reputation of china longyuan power.