Summary of Corporate Work in 2019 and Work Plan for 2019

2019 is the year in which a control group implements the “Eleventh Five-Year” development plan. It is also a key year for the Group to comprehensively summarize the achievements of the “Eleventh Five-Year Plan” and scientifically plan for the development of the “Twelfth Five-Year Plan”. In the past year, under the correct leadership of the Municipal Party Committee, the Municipal Government and the Municipal State-owned Assets Supervision and Administration Commission, the Group has strengthened its confidence, pioneering and enterprising, and took the opportunity to thoroughly study and practice the scientific development concept, and strive to serve the overall economic and social development of the capital. Over the past year, the whole system has closely focused on the work of the party committees and the board of directors of the group, and has carried out tasks, hard work, outstanding highlights, and remarkable results: the business performance has continued to maintain a good growth trend. By the end of December 2019, various production and operation indicators and corporate development goals were comprehensive. Exceeding the Group's “Eleventh Five-Year Plan” objectives; strengthening the strategic guidelines for the Group's development, carefully organizing and carefully deploying the research and development of the “Twelfth Five-Year Plan”; serving the overall economic development of the capital, and steadily carrying out key businesses; The construction of “new state-owned enterprises” has continuously improved the level of business management.

First, the group's main work in 2019

The completion of various operational indicators is good, and the total profit continues to be at the forefront of the municipal SASAC-regulated enterprises.

According to the statistics of the Municipal State-owned Assets Supervision and Administration Commission, as of November 30, 2019, the Group realized consolidated income of 28.26 billion yuan, an increase of 20.5% over the same period of the previous year; realized a total consolidated profit of 2.54 billion yuan, and completed the city's State-owned Assets Supervision and Administration Commission's total profit evaluation index of 1.95 billion. 130% of the yuan continues to be at the forefront of the supervision of the city's SASAC.

As of November 30, 2019, the Group's total assets were 84.13 billion yuan, accounting for 140.2% of the "11th Five-Year Plan" target of 60 billion yuan; the company's consolidated net assets totaled 40.62 billion yuan, and completing the "Eleventh Five-Year Plan" target of 36 billion yuan. 112.8% of the yuan; operating income of 28.26 billion yuan, completed 104.7% of the "11th Five-Year Plan" target of 27 billion yuan; total profit of 2.54 billion yuan, completed 115% of the "Eleventh Five-Year Plan" target of 2.2 billion yuan, the merger of enterprises The profit was 2.09 billion yuan, and 130.6% of the target of the 11th Five-Year Plan was 1.6 billion yuan.

In general, the Group's major economic indicators have fully exceeded the “Eleventh Five-Year Plan” objectives.

Formulate the "new state-owned enterprise" construction plan, comprehensively deepen enterprise reform, and further improve scientific management

The first is to sum up experience and formulate new state-owned enterprise development plans. Group since XX years

Since the theme of the construction of new state-owned enterprises, after more than three years of continuous advancement, the idea has been unified throughout the system, awareness has been raised, and the development path of new state-owned enterprises has been established by finding gaps, defining goals, and grasping key and key breakthroughs. There have been many useful explorations and practices. Recognizing that the construction of a new state-owned enterprise cannot be done overnight, it will be a long-term task of gradual and continuous improvement. Therefore, the Group is actively pursuing the research and formulation of the new state-owned enterprise construction plan. Through systematically summarizing the achievements and experience of the Group's new state-owned enterprise construction since XX, combined with the new situation and new problems faced by the Group's development, the paper puts forward the guiding ideology and basic principles for the construction of new state-owned enterprises in the next three years, the near-term medium-term construction goals and main tasks. And the requirements of the directly affiliated enterprises. At the same time, it also researched and formulated the "Three-Year Plan for the Implementation of New State-Owned Enterprises" to decompose the six aspects and 23 major tasks proposed in the plan one by one, and clarified the responsible departments , annual measures and completion standards. Further improve the forward-looking, guiding and targeted work.

The second is to continuously improve the corporate governance structure of the group. In accordance with the requirements of establishing a modern enterprise system, the Group has established and improved its corporate governance structure. The rules of procedure for the board of directors were revised and the division of labor of the professional committees of the board of directors was adjusted and improved. In accordance with the requirements of the company law, the scope of duties of the company's decision-making bodies, executive agencies, and supervisory bodies was further clarified, and the division of labor, coordination mechanisms, and rules of procedure between the party committee, the board of directors, the board of supervisors, and the management level were improved, and the corporate governance structure was standardized.

The third is to implement the group management and control requirements, strengthen fund management, and further improve the financial information system. In response to changes in the financial market, the Group seized the opportunity to issue a 4 billion yuan ticket at a fixed interest rate, which locked in the financing costs, and then scientifically allocated and rationally used the management of the fund management of the ticket, and formulated the Group's first phase of 4 billion in 2019. The Measures for the Administration of the Use of Ticket Funds further standardized the scope of use and the approval process to ensure the safety of funds. At the same time, combined with the requirements of the Group's financial information construction and the actual needs of enterprise reform and development, the scope of the Group's consolidated accounts has been further expanded. Up to now, there are 135 consolidated units in the Group's financial information system, and 186 accounting sets have been established. Up to nine, and on this basis, continue to optimize and develop new functions of the erp system, further improving the Group's financial management and management capabilities.

The fourth is to actively explore a human resource management model suitable for the long-term development of the group. The Group always adheres to the management philosophy that human resources is the first resource of the enterprise, and actively explores the human resource management model under the law of market economy. In accordance with the work arrangement of the party committee of the group, systematic research and summary of the construction of the middle management team of the group system, human resources management, existing problems and main work measures were carried out, and based on this, the “Promoting Group” was issued. Guiding Opinions on Human Resources Construction. At the same time, according to the functional orientation of the group headquarters and the needs of the Group's business development, the establishment of the headquarters and the establishment of positions were completed, the selection of personnel was completed, and the cadre exchanges and posts were carried out.

The fifth is to continuously strengthen audit supervision and legal work and build a risk prevention mechanism.

Auditing Supervision - Guided by the "Group 2011-2019 Audit Work Development Planning and Implementation Plan", the Group's auditing overall management awareness was further enhanced. Efforts were made to carry out the internal management and training of the audit system, strive to improve the work level, initiate the preliminary investigation work of the audit information construction, and complete the on-site audit work of the economic benefits of the North Burning Industry and the declaration and self-examination of the special governance of the outstanding problems in the group engineering construction field. jobs. At the same time, the implementation of the rectification requirements put forward by the Board of Supervisors on the supervision and inspection report was actively implemented, and the implementation of the rectification of the group system was fully reflected.

Legal work - Continuously promote the implementation of the Group's general legal advisory system. On the one hand, in accordance with the relevant requirements of the State-owned Assets Supervision and Administration Commission to establish and improve the legal review and demonstration system, the “Administrative Measures for the Legal Review of a Control Group” was formulated and issued, and the legal review and demonstration was actually introduced into the business activities of the enterprise; The requirements for the construction of state-owned enterprises have formulated specific plans for legal work and three to five years of publicity for legal publicity, and further strengthened and improved the internal legal supervision of the Group to build a risk prevention mechanism.

Concentrate on the power system to summarize the results of the 11th Five-Year Plan, carefully deploy the research and development of the 12th Five-Year Plan, and further strengthen the Group's strategic guidelines.

2019 is the year of the Group's 11th Five-Year Plan, and it is also an important year for the 12th Five-Year Plan for the long-term development. This year, the Group carried out a systematic summary of the implementation of the “Eleventh Five-Year Plan” and formed the “Inspection Report on the Implementation of the 11th Five-Year Plan” of the Group. On the whole, as far as economic indicators are concerned, the Group has overfulfilled the seven “Eleventh Five-Year Plan” objectives including total asset size, operating income and total profit in advance. At the same time, the inspection report also focused on the main business development, investment and financing and major project construction, and the improvement of internal management level, and carried out key inspections and comparisons. The system summarized the implementation process during the 11th Five-Year Plan. The work results, successful experiences and existing problems and deficiencies have provided useful references for the formulation of the 12th Five-Year Plan and laid a solid foundation.

In order to continue to maintain a good momentum of development, seize the favorable opportunity of the country to change the mode of economic development, vigorously develop green and low-carbon economy and strategic emerging industries, and achieve the goal of becoming bigger and stronger during the 12th Five-Year Plan period, the Group attaches great importance to development planning. The research preparation work was carried out in accordance with the unified requirements of the Municipal State-owned Assets Supervision and Administration Commission. The special work conference was held several times, and 20 special research projects were carried out, which finally formed the “12th Five-Year Development Plan of a Control Group”. The plan is a complete system consisting of the “12th Five-Year Development Plan” of a certain control group, functional planning, sub-planning of direct enterprises, and special business planning. On the basis of reviewing the completion of the 11th Five-Year Plan, analyzing the external environment and its own conditions, and in accordance with the requirements of the Municipal State-owned Assets Supervision and Administration Commission and in combination with the actual situation and development needs of the Group, the functional positioning and business positioning were appropriately adjusted. The overall development ideas, development goals and development measures, as well as supporting investment and financing arrangements and safeguards for planning implementation.

Focusing on the strategic guidelines, we always adhere to the development tenet of establishing Beijing and serving the capital, and the key businesses have been fully developed and made good progress.

The first is to develop clean energy, focus on energy conservation and emission reduction, and promote the development of gas business. The gas business continued to adhere to the development strategy of “based on Beijing, both internal and external; focusing on gas, extending up and down”, and initially constructed a development pattern centering on the Beijing regional market and extending along the natural gas industry chain. Support the construction of new capital cities and new countryside, and continue to promote a new pattern of comprehensive development of the suburban market. During the year, following the listing of Beijing Gas Huairou and Miyun, the “Gas Development Cooperation Agreement” was signed with the Fangshan District Government, and the cooperation mode and pipeline network construction plan were confirmed with Shunyi District and the Mentougou market development plan was defined. We will take advantage of the comprehensive advantages to accelerate the development of gas in the new city and 42 key towns, and complete the pipeline natural gas and compressed natural gas ventilation work in key towns such as Changping Nankou and Pinggu Mafang. Support the upgrading of the capital industry structure, actively promote the construction of natural gas supporting projects in the four major thermal power centers in Beijing, and successively sign strategic cooperation framework agreements with companies such as Datang International, Huaneng Power, and Huadian Operations, Huaneng and Caoqiao Thermal Power Center Phase II The project has started construction. Consolidate the capital supply guarantee of the capital, increase capital to PetroChina Beijing Pipeline Company and promote the construction of the third-line gas transmission project of Shaanxi and Beijing. At present, the second phase of the natural gas project of the Sixth Ring Road, the receiving project of the third line of Shaanxi and Beijing, the first phase of the Jingbao natural gas pipeline, and the new city trunk line The project progressed according to the plan. The steadily promoted the foreign investment project, CNPC Beiqi Gas Co., Ltd. was established, which opened up a new model of domestic city gas projects and played a demonstration role. Actively set up a joint venture company for the Datang Coal-to-Gas Project. The No. 1 and No. 2 generating units have been put into operation according to the plan. At the same time, the Shandong Natural Gas Utilization Company, which is a joint venture, was formally established, and the construction of a natural gas refueling station for expressways in Shandong Province was initiated.

The second is to develop a circular economy, and the water treatment business continues to maintain a rapid development momentum. By the end of this year, Beijing Enterprises Water Co., Ltd. officially signed 9 projects with an additional water treatment capacity of 1.39 million tons per day, including a new tap water treatment capacity of 430,000 tons per day and an additional sewage treatment capacity of 960 tons per day. Breakthroughs have also been made in entering overseas markets. The processing scale is 320,000 tons/day, and the project cost is about 2 billion yuan. The Malaysian pantai sewage treatment plant project has been successfully passed by the Malaysian National Congress. At the same time, it signed cooperation agreements with a number of enterprises such as China Geological Engineering Group Co., Ltd., and submitted pre-qualification files for sewage treatment projects in Kuwait and Syria, which laid a good foundation for the follow-up of overseas market strategy.

The third is to seize the opportunity of development, strive to open up the market, and build a leading beer enterprise. Yanjing Beer continued to seize the business opportunities brought about by the accelerating integration of China's beer industry. By promoting the strategy of “adjusting product structure and entering the high-end beer market”, it strengthened cost control, increased marketing efforts, and maintained steady growth in overall economic efficiency. At the same time, focusing on the overall development trend of the industry and the future market competition pattern, a number of new renovation and expansion projects have been carried out around improving quality and expanding production capacity. In addition to basically completing the expansion project of the Beijing base, the expansion projects in Yunnan, Shanxi, Guangdong, Jiangxi and other places are progressing smoothly, and some have already been put into operation, laying a foundation for the further expansion of Yanjing.

The fourth is to seize the strategic development opportunities, strengthen the integration of resources within the system, and promote the construction of key projects. In order to seize the favorable opportunity of the adjustment of the national industrial policy, the Group started the integration of land resources within the system and the internal restructuring of the real estate business from the height of the overall strategic development, and actively set up the Beijing Enterprises Real Estate Co., Ltd., and on June 8, 2019 Complete business registration. By building a real estate business platform, integrating the scattered resources within the system, giving full play to the synergistic development effect, enhancing the Group's core competitiveness, and initially forming a business integrating government resources, development resources, industrial chain resources, capital market resources and management team resources. Advantages. Since its establishment half a year ago, Beikong Real Estate Co., Ltd. has been striving to consolidate its basic management, actively strengthen its own construction, and on the other hand, accelerate asset integration, and strive to promote substantial progress in key projects, and to achieve comprehensive management and business development of the Group's real estate resources. The strategic goals of the platform create favorable conditions. At present, the transfer of assets in the system is progressing steadily according to the requirements of the board of directors of the group, and the transfer plan and path are basically determined. At the same time, the key projects that the city leaders paid close attention to were progressing smoothly. The controlled detailed planning of the No. 7 plot of Jingyuan Road, a public rental project, was approved by the municipal government and started smoothly on July 28. The Yanqi Lake International Conference Project was vigorously promoted. On December 18, Comrade Liu Qi and Comrade Guo Jinlong personally attended and presided over the commencement ceremony of the project, and listened to and studied the planning report of the Group's demonstration zone on the ecological development of Yanqi Lake. The overall plan and planning of the project were planned. And the promotion situation is highly affirmed.

The fifth is to actively expand the growth business, vigorously develop green technology and green energy projects, and foster new economic growth points.

Invest in the development of green transportation and cultivate the maglev transportation industry. Since the beginning of this year, with the strong support of the government departments and the efforts of the group, the medium and low-speed maglev technology with independent intellectual property rights on March 1 passed the national “Eleventh Five-Year” science and technology support project key project acceptance, and the Beijing Municipal Government will take the medium and low speed. Maglev Transportation was included in the "2019 Beijing Social and Economic Development Program" to support the development of the industry, and decided to build the world's longest medium and low-speed maglev demonstration line in Mentougou, and develop national industries to promote economic restructuring. The Group started the project construction in the bt mode. At present, all preparations are ready before the start of construction, and will be officially started in the early 2019 according to the unified deployment of the municipal government. At the same time, the development direction of industrialization and industrialization of medium and low-speed maglev technology is basically determined, and the expansion of the external market concentrated in Shenzhen and Tianjin is actively and effectively promoted.

Promote the progress of solar photovoltaic power generation projects. In order to further grasp the opportunity of the country to vigorously develop green and low-carbon economy and strategic emerging industries, with the successive implementation of capital injection, industrial and commercial registration, team formation and other basic work, the overall layout of the solar photovoltaic power generation business field was carried out. First, the construction of the wafer production base of Changping Beikong Hongchuang Industrial Park was started, and the Changping District Government reached an agreement on the new wafer production industrial park to reserve space for further development of the project. Second, it signed a cooperation framework agreement with Fangshan District to start the construction of supporting equipment production base. The third is to carry out market development and demonstration project construction work. A cooperation agreement was signed with the relevant parties on the 20 MW demonstration power station in Shaanxi, the 10 MW cpv power station demonstration project in Fangshan District, Beijing, and the 50-100 kW cpv demonstration project in Qinghai Yushu. The Beijing Fangshan District Party School completed 18 kW. The construction of the cpv demonstration project has now entered the commissioning phase.

Safe and stable, clean and honest construction is always unremitting, and strive to build a harmonious enterprise

--safe job. Safety responsibility is more important than Taishan. The Group always puts safety production work at the prominent position of enterprise production and operation. In accordance with the unified work requirements of the city this year, the Group formulated and issued the “After the 2019 Safety Month Activity Plan of a Control Group”. During the activity, each directly affiliated unit was carefully organized and actively implemented in accordance with the plan. On June 24th, the Gas Group conducted an emergency drill for the emergency at the Caofang Station of the MRT Line 6, and further strengthened the command and dispatch and safety guarantee system under emergency conditions through actual exercises.

- - Maintaining stability. Through the signing of the responsibility letter for maintaining stability, the first responsibilities of the stability work have been strengthened in the leadership teams at all levels. At the same time, the internal conflicts and disputes of the people have been carried out in the group system, and 24 problems have been discovered and solved in a timely manner. Maintained the stability of the group's overall work.

- Construction of a clean government. The Group always adheres to the emphasis on education, system and supervision, and focuses on the prevention and management of integrity risks, and strives to build a clean government. In 2019, the Group systematically convened a meeting on the management of clean and honest risk prevention, formulated and issued the "Opinions on Promoting the Management of Integrity Risks in 2019", and carried out the investigation of the integrity of risk management around the "two extensions". Seriously find out the risk points of integrity, and formulate targeted prevention and control measures, and strive to build a scientific and effective defense risk prevention system. At the same time, he earnestly performed his supervisory duties, carried out special inspections on party style and clean government construction, and comprehensively promoted efficiency supervision and special management of “small treasury” in accordance with the unified deployment of the Municipal Commission for Discipline Inspection and the Municipal State-owned Assets Supervision and Administration Commission. Through the construction of the punishment and prevention system as the main line, integration into the center, the service group reform overall situation, strict implementation of the party style and clean government construction responsibility system, highlighting the key tasks of leadership integrity, integrity management, and special inspections, etc. Rapid development provides a strong discipline guarantee.

Second, the group's work arrangements for 2019

In 2019, it was the first year of the "Twelfth Five-Year Plan", and it was also an important year for the Group to start a new starting point and carry out the implementation of the new state-owned enterprise construction plan. Do a good job in the whole year, to consolidate the Group's good achievements in the process of production and operation and enterprise reform and development since the 11th Five-Year Plan, to create a broader development situation, and to implement step by step for the specific implementation of the 12th Five-Year Plan. It is of great significance. At present, China's economic development is in an important period of strategic opportunities and structural adjustment; the municipal party committee and the municipal government in accordance with the central government's unified deployment, accelerate the transformation of the capital's economic development mode, and put forward the strategic goal of building a world city; the group combines internal and external situations The analysis and its own actual judgment put forward the requirements for the whole system to "develop green low-carbon economy and realize high-end development of the group". In the work, it is necessary for the whole system to carefully plan, organize, and advance in accordance with the unified analysis and requirements of the Group on the basis of objective analysis of its internal and external situations, and strive to complete its own economic indicators and tasks.

The main situation, development opportunities and job requirements faced by the Group in 2019

Since last year, the world economy has generally passed the most difficult stage and has shown signs of recovery. However, the foundation for a comprehensive recovery of the global economy is not solid and the impact of the international financial crisis has not been completely eliminated. At present, the situation facing China's economic development is still very complicated. Positive changes and adverse effects are simultaneously manifested. Short-term problems and long-term problems are intertwined, and domestic factors and international factors influence each other. The analysis of the giant economic situation is to grasp the development opportunities of the group and to find favorable factors for performance growth. At present, in order to implement the spirit of the Central Economic Work Conference and the spirit of the Eighth Session of the Tenth Session of the Municipal Party Committee, the Municipal Party Committee and the Municipal Government have proposed to accelerate the transformation of economic growth mode in line with the strategic requirements of building “Humanities Beijing, Science and Technology Beijing, and Green Beijing”. Promote industrial upgrading and economic restructuring, achieve optimal production, strong secondary production, and tertiary production; play the leading role and pillar role of strategic emerging industries, master core technologies, create “Beijing Create” brand, and develop high-end Equipment manufacturing industry; we must focus on ensuring and improving people's livelihood, speed up the construction of affordable housing projects; accelerate the pace of urbanization and the construction of new cities. Among them, it is mentioned that we must vigorously develop a green economy, strive to build the capital into a low-carbon city, increase energy conservation and emission reduction, carry out clean energy transformation, and increase the proportion of clean energy use. We must accelerate the construction of key new cities and realize the “zone-to-region” natural gas. It is necessary to strengthen resources and energy security, build a natural gas pipeline system for the Sixth Ring Road, promote the construction of gas main pipelines in remote suburban counties, and increase the proportion of policy housing and affordable housing.

Analysis of the measures of the central and municipal governments to expand domestic demand to promote economic growth, combined with the current national economic sustainable development and industrial restructuring, in the process of establishing a modern energy industry and integrated service system that adapts to the market mechanism, the Group has its main advantages. Business should be promising. In the work of 2019, we must closely follow the overall economic situation and the development trend of related industries, grasp the market trends, actively and prudently formulate work ideas and work measures, and earnestly implement "to vigorously develop green and low-carbon economy and achieve high-end development." "The strategic objectives and the overall requirements for the year-round work, namely: deepening the construction of new state-owned enterprises as the starting point, taking reform and innovation as the driving force, focusing on promoting management restructuring and structural adjustment; highlighting the responsibility of state-owned enterprises, and making efforts to ensure the smooth progress of key projects; We will live in development opportunities, focus on promoting a green and low-carbon economy, actively cultivate new economic growth points, and lay a solid foundation for realizing the rapid and healthy development and expansion of the Group during the 12th Five-Year Plan period.

In 2019, the Group will arrange relevant key work on the basis of ensuring the completion of various production and operation indicators for the whole year, and lay the first start for the smooth implementation of the Group's “Twelfth Five-Year” development plan.

1. Completion of key projects with high standards, contributing to the economic development and urban construction of the capital

As an important large state-owned enterprise in our city, the Group has always adhered to the development tenet of basing itself on Beijing and serving the capital since its establishment. It has been actively involved in the economic and social development of the city, carrying important responsibilities for maintaining urban operation and economic development, and giving full play to its role. Seriously fulfill the responsibility of state-owned enterprises. At present, the Group is undertaking key projects involving the development of the capital city and improvement of people's livelihood. The whole system must be a highly responsible spirit, work hard and make every effort to ensure the smooth implementation of these key projects, for the economic development of the capital and urban construction. Contribute.

——To contribute to the creation of a world city in the capital, and to promote the construction of the core area of ​​the Yanqi Lake International Conference. The municipal government has paid great attention to the construction of the Yanqi Lake International Conference and has made important instructions on the progress of the project and made requests. The Group must fully realize the glory and arduous task of our mission, not only related to the construction of the world city in Beijing. The implementation of strategic deployment is also another major test for the Group's heavy responsibility, highlighting the responsibility of state-owned enterprises and building professional brands. The whole system of the Group should take the opportunity of the successful start of the project on December 18th, conscientiously implement the spirit of the instructions of Mayor Liu Qi and Mayor Guo Jinlong, and stand on the height of building a world city with Chinese characteristics and fully understand the significance of project construction. It is necessary to coordinate and cooperate closely, and do a good job in resource integration, demolition and resettlement, planning and construction, etc., to ensure the progress of the project and the quality of the project. Based on last year's work, the final design task book will be determined and delivered to the design unit for program design and preliminary design. At the same time, prepare relevant materials in advance, and make necessary preparations for the approval process such as project approval and construction approval.

——To contribute to the improvement of the people's livelihood in the capital and promote the construction of public rental housing projects. We must firmly grasp the favorable opportunity for the municipal government to promote the construction of affordable housing, seriously resound and implement the spirit of the municipal government to further expand the construction channels and encourage state-owned enterprises, industrial parks and social units to use their own land to build public rental housing. The construction of the overall project of public rental housing. Strive to achieve the capping of the Shijingshan Jingyuan Road public rental housing project during the year, and begin work on municipal, internal and external decoration and electromechanical installation, laying the foundation for the full completion in December 2019. The Wangsiying project in Chaoyang District should complete the preliminary procedures in the second quarter to provide conditions for the full-scale construction. At the same time, we must step up the implementation of project management software, and build a scientific and rational modern project management system with reference to the relatively sound management methods and management experience in the industry. Through the construction of the project, we will continue to explore and summarize successful experiences, improve and perfect the management operation mode, exercise and train professional technical teams, and go all out to create model projects and quality projects that the government can rest assured and the people are satisfied with.

—— Contribute to the development of equipment manufacturing industry in the capital and promote the application of magnetic levitation technology. It is necessary to continue to promote the industrialization of low- and medium-speed magnetic levitation transportation in accordance with the requirements of the Beijing Municipality for the Implementation of the Adjustment and Revitalization of Equipment Manufacturing Industry. It is necessary to firmly grasp the new development opportunities faced by the engineering research and development and industrialization of maglev technology. On the one hand, continue to improve the maglev engineering research and development system, and comprehensively grasp the medium and low speed magnetic levitation traffic technology. It is necessary to consolidate the engineering system, deepen cooperation with units within the existing system, extend and expand the cooperation chain of the engineering system, continuously accumulate experience and improve the management coordination mode of the engineering system, and improve the efficiency and scale of industrialization implementation. It is necessary to continue to promote technical engineering research and development, complete vehicle stereotypes, and start the production of practical vehicles in due course. On the other hand, accelerate the construction of the s1 line demonstration project. It is necessary to promptly determine a reasonable investment operation mode, coordinate the relevant government departments to complete the system acceptance and market access work, and implement the s1 line project to enjoy the national first set of policies. Through the construction and operation of the s1 line, it will play a good demonstration effect and lay a good foundation for the promotion of medium and low-speed magnetic levitation technology in China, and contribute to the realization of “green transportation” in the capital.

2. Guided by the “Twelfth Five-Year Plan”, formulate implementation rules to ensure the implementation of planning tasks, and continuously promote breakthroughs in the Group’s main business.

The achievements made by the Group during the 11th Five-Year Plan period were hard-won, and the condensed development experience was precious, and the strategic thinking triggered was far-reaching. At present, the “Twelfth Five-Year” development plan formulated by the Group has initially outlined the development of the next five years and deployed major operational indicators and key business developments. The key to accomplishing these tasks lies in the beginning of the implementation of the “Twelfth Five-Year Plan”. The key point is to embody these tasks. The key lies in the implementation. In the next stage, we should further improve and deepen strategic research, refine our work objectives, improve our sub-strategies, and improve our strategic support system. In particular, we must strengthen research on industrial policies, technological developments, and market changes in the Group's main business and fast-growth business. And grasp, further enrich and improve strategic planning, and better play the guiding role of planning.

——Doing a big job in the natural gas business. On the one hand, we must continue to focus on the gas development strategy, coordinate with the capital's energy structure optimization, and accelerate the improvement of market layout. It is necessary to make full use of the advantages of resources and scale, and play a synergistic role to form a market pattern of “Greater Beijing” by deepening urban gas consumption and accelerating suburban coverage. Focusing on the suburban new city, combined with the construction of key towns and industrial parks, the strategic layout of the group's business in suburban counties will be improved. In the mature gas supply area, it is necessary to increase the density of the pipe network, expand the gas depth, further expand the gas supply scale in Tongzhou, Fangshan, Daxing and Changping areas, and promote the construction of key pipe network to provide strong support for market expansion. It is necessary to actively carry out investment in the market, actively adjust ideas, and clarify the key points and objectives of the development of the foreign market. On the basis of supporting the healthy operation of existing projects, we should summarize and promote the investment model of Jinzhou and Shandong markets, and actively carry out the surrounding areas of Beijing and the Bohai Sea. Regional city gas market development. At the same time, we must do a good job in resource security. We must give full play to our location advantages and scale advantages, and use the all-round cooperation between the Beijing Municipal Government and upstream energy companies to jointly invest in pipeline construction and coal-to-gas development, and enhance the initiative in resource acquisition and gas source selection. right. On the other hand, in order to implement the goal of energy conservation and emission reduction, we must continue to do a good job in coal to gas, continue to promote the gas triple supply, and strive to narrow the difference between winter and summer, to achieve a balanced gas, and to ensure the safety of urban gas supply; Further improve the management level, reduce the supply and marketing rate, and at the same time focus on extending the service field, adhere to the real customer demand-oriented, do a good job in the terminal market sales and service work, establish a gas brand.

——Strengthen the beer business. In order to meet the increasingly fierce competition in the current domestic beer market, especially with the addition of foreign brands, the competition in the high-end beer market is intensifying, the market concentration is getting higher and higher, and targeted measures are taken to improve market competitiveness and expand market advantages. . To further enhance the brand value and optimize the product structure. Through clear brand positioning, strengthen brand management, unify brand image in the national market, improve product visibility and reputation, and on this basis optimize product structure, improve product sequence, and increase product added value and profit margin. At the same time, timely mergers and acquisitions and asset restructuring will be carried out to achieve a nationwide market layout. It is necessary to increase marketing efforts, use successful market operation experience, consolidate and expand advantageous markets, and tap into potential markets to lay a solid foundation for domestic expansion and international distribution.

—— Actively expand the water business. Continue to expand the market and consolidate the dominant position of the company. It is necessary to comprehensively use a variety of financing channels to raise funds for business development, thereby consolidating the dominant position of the company in the domestic industry and actively expanding the international market. At the same time, improve the management level and management ability of the project company, and cultivate a high-quality project management team. For projects under construction, it is necessary to improve the construction management system, effectively control the construction cost, quality and progress, and ensure fullness; for the existing projects, strengthen the management of the project company, and improve the governance structure and standard management system. Work in safety production, pipe network operation, customer service, water quality management, etc.

-- Actively integrate resources within the system to promote the development of the real estate business sector. As a newly established enterprise under the Group, Beikong Real Estate Co., Ltd. strives to make substantial progress in key projects and key projects while laying a solid foundation and completing the smooth handover of transferred assets. On the basis of initially completing the establishment of the company's internal control system and establishing and improving various basic management systems, on the one hand, in accordance with the Group's deployment and requirements, the Group will promote the integration and restructuring of property and real estate related resources within the Group's system, and realize the Group's land and property. On the other hand, it is necessary to make full use of resource advantages to actively absorb external assets, accelerate the development and construction of key projects, and form a business system integrating green real estate investment and financing, development and construction, and management services.

-- Actively foster growth business and promote the development of solar photovoltaic power generation projects. Grasping the opportunity of the rapid development of the green low-carbon economy model, taking the solar photovoltaic power generation project as the entry point, further promoting the extension of the Group's main business to the connotation of the green and low-carbon industry. In order to seize the opportunity of development, we must continue to strengthen communication with government departments at all levels and localities on the basis of increasing R&D efforts to maintain technological leadership, and earnestly study and strive for the support of relevant national preferential policies. Efforts should be made to create R&D, manufacturing centers and demonstration projects to provide conditions for the implementation of industrialization. To fully implement the contents of the cpv project agreements, in the construction of the production base, basically complete the equipment installation work of the wafer production line in Changping Plant, complete the land acquisition procedures, geological prospecting, design and preparation of the park management company in Fangshan Plant, and complete 100 trillion Construction of supporting workshops and procurement of processing equipment. In the construction of demonstration projects, the preparatory work for the Fangshan demonstration project should be completed, and the 5 MW wafer production and supporting processing tasks of the Taiwan plant should be implemented in conjunction with the progress of the demonstration project. It is necessary to closely integrate the Yushu reconstruction plan and actively carry out the construction of the Yushu 50-100 MW cpv project. At the same time, it is necessary to combine market construction progress and promote market research and development in a timely manner.

3. Continue to promote the construction of new state-owned enterprises in accordance with development plans

After several years of work practice, the Group system has carried out many useful explorations and attempts in the process of building a new state-owned enterprise, and has formed a new state-owned enterprise construction plan. In the coming period, we will use this master plan as the development path followed by the Group's new state-owned enterprise construction work, and in accordance with the changes in the Group's development situation, we will improve the management and control level and improve the governance structure as key links in enterprise reform and development and management. Every aspect of the company continues to make breakthroughs. At the same time, each directly affiliated enterprise and responsible unit shall carefully decompose and implement according to the target requirements and main tasks put forward by the overall plan, and form their own special plans and implementation plans.

- Improve the governance structure. In accordance with the relevant provisions of the company law and the inherent requirements of establishing a modern enterprise system, further clarify the scope of duties of the company's decision-making bodies and implementing agencies, improve the division of labor, coordination mechanisms and rules of procedure between the party committee, the board of directors and the management, and constantly improve corporate governance. Structure, establish standardized decision-making procedures and management processes to improve decision-making levels and decision-making efficiency.

- Rationalize management relationships. In accordance with the requirements of the “Twelfth Five-Year Plan” and the adjustment of assets and business structure within the Group's system, the Group will conduct an in-depth study of the current status of the Group's headquarters and secondary enterprise management and control models, sum up experience, identify problems, and gradually adjust to further clarify the Group's headquarters and secondary enterprises. The functional positioning, improve the Group's management and control mode, rationalize the management license and work procedures of the Group and its affiliates, and establish a management system that is conducive to enhancing the Group's management and control capabilities, and is also conducive to mobilizing the enthusiasm of each enterprise and promoting its healthy and rapid development.

- Improve management and control capabilities. It is necessary to improve the strategic planning system and increase the implementation of strategic planning. The directly affiliated enterprises shall strictly implement the overall strategic planning of the Group, the sub-planning of each enterprise and the key business development plan, adhere to the investment direction and investment principles determined by the plan, and effectively prevent investment risks. It is necessary to increase the control over the scale of investment, and rationally compile and strictly implement investment plans and investment budgets. It is necessary to continuously improve the planning inspection and assessment system, and incorporate the annual decomposition indicators of the planning objectives and the completion of the main tasks determined by the planning into the enterprise assessment system, and increase the assessment. It is necessary to strengthen the supervision and assessment of the operation and income of investment projects, organize the post-evaluation of investment projects, strictly implement the “Measures for Post-Evaluation Management of Investment Projects”, carry out pilot projects for post-evaluation of investment projects, and implement the responsibility for all levels of investment project management.

- Improve financial management. In accordance with the requirements of the Group's “Twelfth Five-Year Plan” and management, on the basis of the financial accounting, regular and stable operation of the erp system, the R&D of the budget analysis module will be started in time, the comprehensive budget management system will be further improved, and the erp system budget will be continuously promoted. Improve the compilation function, optimize the budget preparation process and content of the erp system, and steadily advance the overall budget, so that the erp system basically meets the budgeting needs. It is necessary to gradually establish a mode of operation of the Group's funds, starting from the aspects of standardizing loans, strengthening the use of bank credit lines, and strengthening the overall allocation of controllable funds in the Group. The Group has unified planning and initiated the “internal coordination fund pooling model”. The camera launched a unified and efficient fund management model that is in line with the Group's actual situation. At the same time, it is necessary to carefully study and make relevant financing arrangements based on the funding needs of the Group's key development business in 2019.

-- Strengthening the construction of human resources. It is necessary to establish a human resource development mechanism that combines cultivation and use, and the professionalization and diversification of employees' career development complement each other. It is necessary to develop ideas and combine market recruitment, internal deployment, and job-based communication to establish an employment mechanism that meets the needs of the group and is compatible with the laws of the market economy. We must do a good job in reserve talent planning and management. It is necessary to establish a performance appraisal system that includes target decomposition and formulation, performance coaching and tracking, performance comparison and assessment, performance incentives and development, so that the assessment results are linked to the incentive system and employee development plan. It is necessary to establish an incentive and restraint mechanism that combines short-term incentives with long-term incentives, spiritual rewards and material rewards, and effective incentives and strict constraints. We must continue to build a variety of professional talent pools, establish a human resources management information system, and constantly improve the scientific human resources management system.

-- Strengthen internal risk control. It is necessary to strengthen the organizational construction of the corporate legal department , standardize the legal review and demonstration work of major business activities of the enterprise, and further refine the "Detailed Rules for the Implementation of the Group's Legal Review and Argumentation System" to form a specific work flow. Improve the management system for group contract grading audits and strengthen the Group's monitoring of major contracts or agreements. It is necessary to establish and improve the audit organization system, plan system and institutional system, carry out various forms of audit activities, and strengthen the application of audit results. Increase the supervision of the implementation of the audit results, and give full play to the role of audit supervision and evaluation.

4. Seriously implement the various work requirements for safe production, maintenance stability and clean government construction, and promote the harmonious development of the Group

In terms of production safety, it is necessary to fully realize that the responsibility of the Group is significant and the situation is grim. On the one hand, it is necessary to further strengthen the safety management system and implement various safety production rules and regulations; on the other hand, it is necessary to strengthen every detail of safety production, comprehensively establish a safety production management concept, and increase supervision and inspection in strict implementation of operational procedures. It is necessary to improve emergency measures to cope with various emergencies, continuously improve safety production plans at all levels, continue to strengthen the construction of emergency command systems, and improve emergency support capabilities. We must earnestly guard against death and ensure that the Group does not have major safety production accidents.

In terms of maintaining stability, it is necessary to firmly establish stability as a hard task concept. Continue to follow the work requirements of the municipal party committee and the municipal government, conscientiously implement the goal of stable work responsibility, highlight key points, and ensure that all work responsibilities for maintaining stability are in place. It is necessary to keep abreast of the demands of employees, solve the problems of people's livelihood that are related to the lives of employees, and conscientiously do a good job in helping the poor workers. In the process of enterprise restructuring and diversion, it must be strictly implemented in accordance with relevant laws and regulations, national policies and standardized procedures to effectively protect the legitimate rights and interests of employees and maintain the Group's harmonious, stable and healthy development. In particular, we must pay close attention to the work of key enterprises in maintaining stability and take active and effective measures to ensure the stability of the workforce.

In the aspect of building an honest and clean government, we must continue to strengthen the management of clean and honest risk prevention, carry out supervision and inspection of the integrity of leaders at all levels, and strengthen the rules on party discipline in accordance with the "Opinions on the Implementation of the Management of Clean and Risk Risks in the Whole Group" of the Party Committee of the Group. The propaganda and implementation of the publicity, the prevention and control of the source of honest and honest risk, the improvement of relevant management and prevention, the improvement of the supervision mechanism, the effective implementation of efficiency monitoring, and the continuous improvement of the group's punishment and prevention system.

Looking back on 2019, we are able to achieve such achievements, mainly thanks to the correct leadership of the municipal party committee, the municipal government and the municipal SASAC and the strong support of relevant government departments; thanks to the enterprises at all levels and all employees, we work together and jointly Promote the healthy development of enterprises; benefit from the requirements of adapting to the laws of the market economy, explore the road of new state-owned enterprises, and continue to strengthen institutional reforms and mechanism innovation. In the future work, we must continue to follow the guidelines of the scientific development concept, resolutely implement the directives of the municipal party committee and the municipal government, persist in emancipating the mind, constantly develop and innovate, work hard, and strive to achieve new achievements, in order to meet the 90th anniversary of the founding of the party in the city. Make greater contributions in the process of economic and social development and state-owned enterprise reform.