On March 27, Beijing Energy International Holding Co., Ltd. held its 2025 Board Meeting, Professional Committee Meeting, and Strategic Seminar in Shenzhen. The meeting was chaired by Zhang Ping, Chairman of the Board of Beijing Energy International, and attended by eight external directors and members of the leadership team.
During the board meeting, the directors listened to the business operations report for 2024 presented by Zhu Jun, President of Beijing Energy International. They reviewed more than 30 agenda items, including the company’s 2024 performance, annual report, ESG report, and topics related to corporate governance, business planning, human resources, administration, internal control risk, audit supervision, and finance management. After the report, the directors highly commended the company’s achievements in 2024 and approved all proposed agenda items.
In the strategic seminar held in the afternoon, representatives from the management team reported on the strategic achievements made during the implementation of the “14th Five-Year Plan.” They conducted a thorough analysis of the current competitive environment and industry policies affecting the company’s development, and shared preliminary strategic directions with the board members. The directors once again expressed high recognition of the achievements made over the past five years, highlighting that the company has established an efficient organizational team and nurtured a resilient and enterprising culture. Drawing on their respective industry backgrounds and professional expertise, the directors actively shared insights on topics such as corporate mechanisms, talent development, business transformation, and innovative models.
In his concluding remarks, Zhang Ping expressed sincere gratitude to the board members for their continued support and commitment. He noted that since the company’s restructuring in February 2020, guided by the board and driven by the tireless efforts and perseverance of the management team, the company has forged ahead, overcoming challenges. Its industrial landscape has become more comprehensive, with its scale expanding rapidly. Its installed capacity has increased from less than 2 million kW to over 13.5 million kW, significantly enhancing its market influence and gaining broad recognition from various sectors of society.
Looking ahead to achieving high-quality and sustainable development, Zhang Ping emphasized the following:
1. Optimizing Strategic Layout: Following the principle of project profitability, the company will continue along the development path of “dual-circle, one-center and one-focus.” The north-circle will concentrate on the “Transmitting Jilin’s Electricity to Beijing” and “Transmitting Inner Mongolia’s Electricity to Beijing” initiatives, while the south-circle will target high-yield projects in the Yangtze River Delta region. The company will promote coordinated development of wind, solar, hydropower, gas turbines, and integrated energy businesses, while actively advancing emerging industries such as green hydrogen;
2. Diversifying Business Models: The company aims to build an industrial ecosystem with diverse profitability models. It will focus on the synergistic development of wind, solar, hydropower, coal-fired power, and energy storage, addressing key issues such as multi-energy complementarity and mitigating the potential impact of downward cycles in the new energy sector;
3. Fostering Global Vision: The company will prioritize breakthroughs in overseas business, particularly in capital operations related to Australian assets, and explore new opportunities for overseas business development, aiming to enhance its influence both domestically and internationally;
4. Strengthening Technological Innovation: The company will build differentiated competitive advantages; proactively adapt to market changes, integrate existing businesses, and pursue innovation through multiple measures to enhance competitive advantages and generate greater profits; and
5. Improving Innovation Mechanisms: The company will fully tap the potential for value creation and enhance efficiency and profitability. Focusing on the company’s overall strategy, the organizational structure will be continuously optimized. Reforms in compensation, incentives, and performance evaluation mechanisms will be deepened to fully unleash its vitality.
Beijing Energy International remains committed to upholding its entrepreneurial spirit, remaining vibrant, dynamic, and ambitious. With firm conviction and a commitment to innovation, the company will steadfastly pursue high-quality development, striving to maximize corporate value and shareholder interests.
