Enterprises have culture; Pengfei has spirit; Pengfei has strength.

Release Date:

2021-02-19

Tell the Pengfei story well, carry forward the Pengfei spirit, unite the Pengfei force, and excel in the Pengfei cause!

Tell the Pengfei story well, carry forward the Pengfei spirit, unite the Pengfei force, and deliver outstanding results in the Pengfei cause!

On February 17, the first day after the Spring Festival holiday, Pengfei Group held its annual Pengfei Spirit Promotion and Mobilization Conference as scheduled.

From 1993 to 2021, over the course of its 28-year journey, Pengfei has encountered both setbacks and hardships, as well as opportunities and challenges. Time and again, in the face of adversity and crises, it is the power of the Pengfei spirit that has inspired every member of the Pengfei family to grow stronger with each setback and to forge ahead with heads held high.

Zheng Peng, Chairman of the Board and President of Pengfei Group, provides a detailed analysis of Pengfei’s three‑stage development journey over the past 28 years.

Pengfei spirit advocates Ma Xiaolong, Lü Xiaofang, Qiao Xiaoqin, Hao Pengfei, and Dong Qinliang shared their heartfelt personal stories of growing alongside Pengfei.

Pengfei Spirit

“Loyalty, nobility, unity, and progress” define our standards for how we conduct ourselves; “shifting mindsets, keeping pace with the times, rising to challenges, and striving for excellence” set the bar for how we get things done; “growing stronger day by day, thriving year after year” embodies the shared aspiration of every Pengfei employee; “Today’s brilliance is thanks to Pengfei” is Pengfei’s cherished vision—a beautiful dream of continuous growth and ever‑expanding success; ultimately, “Today’s brilliance is thanks to Pengfei” means: when Pengfei is strong, its people are strong.

Transformation Management

This year marks Pengfei’s year of management transformation. Why the shift? Because the future is one of innovation!

On the new journey of implementing the new development philosophy and forging a new development paradigm, the Pengfei Spirit is our very soul. By understanding the trends of global development and clearly recognizing Pengfei’s path forward, we will ensure that this spirit infuses every member of the Pengfei family with powerful morale and momentum, empowering each of us to become masters of our craft and leaders in our industry. Let us devote ourselves wholeheartedly—heart, mind, and effort—to rise to every challenge and embrace the bright future of Pengfei!

Enterprises have culture, Pengfei has spirit, and Pengfei has strength.

Telling the story of Pengfei and its journey of development is intended to ensure that every member of the Pengfei family gains a comprehensive understanding of how, starting from just RMB 25,000 in 1993, the company has grown into today’s enterprise—boasting RMB 60 billion in assets and establishing a new‑type traditional industrial base that integrates coal, coking, chemicals, services, logistics, and finance, operating across a full value chain, spanning multiple regions, provinces, and even international borders. It also aims to help all Pengfei employees truly grasp the essence of the company’s evolution and to imbue each of them with the Pengfei spirit, deeply rooted in their very being.

The world of tomorrow has already arrived. Pengfei will stay firmly focused on the path of digital and intelligent transformation, seize the present, envision the future, and continuously elevate himself—leveraging knowledge, technology, and wisdom to drive innovation and shape the future!

We believe that where there’s a will, there’s a way; with resolve to burn one’s boats and leave no retreat, even the mighty passes of Qin will eventually fall to Chu!