On the afternoon of September 17, Li Wei, Secretary of CPC Shandong Energy Committee and Chairman of SDEG, together with Zhang Baocai, Deputy Secretary of the Committee, Director and General Manager of SDEG, met with Song Jianbo, the chairman of Yulong Petrochemical and other guests from Nanshan Holdings.

An introduction was given by Li Wei on the reform and development of SDEG and on the industrial layout of its domestic and international market. He said that during the implementation of China’s "14th Five-year plan", SDEG will optimize its energy structure and industrial layout with a focus on new energy and oversea business sectors. He hoped that the two sides could strengthen communication and exchanges and enhance cooperation in relevant fields. By taping the complementary advantages of both state-owned and private enterprises, we can jointly promote the industrial transformation and upgrading.

Song Jianbo expressed that the newly integrated SDEG had risen to the 70th place on the 2021 Global Fortune 500 list, which is a witness of SDEG’s strong power and higher international status. He hoped that the two sides could enhance communication and cooperation in the fields of new energy, chemical industry and others in an attempt to achieve win-win outcome.

Ru Gang, the external director and CFO of SDEG, participated in the meeting.