Fully committed to high-quality development and high-level safety | The Workers’ Congress for advancing Pengfei’s Chinese‑style modernization was successfully convened.

Release Date:

2024-02-17

Time flies, and the seasons flow by; as the new year begins, all things are renewed. On February 17, Pengfei Group successfully convened its 2023 Work Summary and Awards Ceremony, along with the 2024 Economic Work Conference, under the theme “Striving to Fully Drive High-Quality Development at Pengfei and Accelerate the Realization of a Chinese‑style Modern Enterprise.” Nearly 16,000 cadres and employees attended in person or via video link, while Chairman of the Board and President Zheng Peng delivered the Group’s 2024 Economic Work Report.

At precisely 9:00 a.m., the conference commenced to the stirring strains of the national anthem. Following a collective viewing of the 2023 annual review video, the “Pengfei Group 2023 Awards Decision” was announced, recognizing outstanding units and individuals for their exceptional performance throughout the year. Zheng Peng, Chairman of the Board and President of the Group, along with other leaders, presented awards to the recipients of 15 categories, including “Science and Technology Innovation Team,” “Tool Revolution Demonstration Unit,” “Professional Industrialization Demonstration Unit,” “Outstanding Work Team,” “Outstanding Organization Award,” “Advanced Unit in Comprehensive Sanitation Campaign,” “Pengfei Craftsman,” “Pengfei Talent,” “Pengfei Outstanding Engineer,” “Outstanding Factory Manager,” and “Science and Technology Innovation Award.”

Zheng Peng, on behalf of the Group’s Board of Directors, delivered a report to the assembly. The report outlined the key tasks of this conference, reviewed and summarized the achievements made across all areas of work in 2023, set forth the economic objectives for 2024, and laid out priority measures for the year ahead. It called upon all cadres and employees to, in this year of renewed momentum at the age of thirty, take high-quality development as the guiding principle, harness the Pengfei spirit to steer the company’s growth, and strive toward the goal of “today’s brilliance is the legacy of Pengfei,” while adhering to the standard of “growing stronger day by day, thriving year after year.” Together, they are committed to forging Pengfei’s path of high‑quality development and accelerating the realization of a Chinese‑style modern enterprise.

The report reviews the progress and achievements made in 2023 by Pengfei across several key areas: strengthening and expanding its core coal‑coking chemical business; transitioning traditional energy sources toward green, zero‑carbon, clean energy; pivoting to hydrogen‑powered vehicles and high‑end equipment manufacturing; and establishing a zero‑carbon, intelligent logistics system. It underscores that sustained effort ultimately yields results, as all members of the Pengfei family, with a spirit of pioneering innovation, relentless pursuit of excellence, integrity and compliance, and a commitment to mutual benefit and win‑win outcomes, have earned widespread recognition and respect from all sectors of society.

The report emphasizes that Pengfei has consistently upheld the following principles: national strategy is its paramount guiding principle; talent is its most valuable strategic asset; and integrity and compliance are the bedrock of its development. To ensure the success of 2024’s economic agenda, the company is called upon to align its efforts with the following objectives and approaches: “Embrace the Pengfei Spirit as our action blueprint”; “Expand and strengthen the coal business, refine and optimize the coking sector, and deepen and solidify the chemical industry”; “Advance the full‑chain development of ‘green hydrogen energy’ and proactively cultivate new‑type productive forces”; “Gradually scale up and fortify ‘zero‑carbon smart logistics’”; and “Foster synergistic momentum between ‘real estate marketing’ and ‘cultural‑tourism development,’ yielding tangible results.” Throughout this process, the Pengfei Spirit must remain the strategic foundation, and all standards should serve as the benchmark for management, ensuring that each initiative not only excels in its own right but also contributes to the collective success of the enterprise.

The report also laid out detailed plans and arrangements for the Group’s economic work in 2024, coordinating efforts to advance high‑level safety and high‑quality development. With diligence, spring arrives early; now is the time to forge ahead! The report calls on all Pengfei employees, guided by the Pengfei spirit, to project a new image and a fresh momentum befitting this great era—approaching challenges with unwavering resolve, seizing every moment with tireless drive, striving with relentless determination, and persevering with steadfast tenacity. Let us rise to every challenge, pursue excellence, dare to struggle, act with pragmatism, and press forward courageously, shining brightly on the new journey of Chinese‑style modernization. Bathed in the radiance of “Today’s Glory Belongs to Pengfei,” let us march boldly ahead! In closing, the 1,050 employee representatives present unanimously approved the work report. The conference concluded successfully to warm, sustained applause.